Pranik Logistics Ltd IPO

About Pranik Logistics Ltd

Our Company was incorporated as a Private Limited Company under the name of Pranik Logistics Private Limited under the Companies Act, 2013 vide certificate of incorporation dated February 24, 2015, issued by Registrar of Companies, Kolkata, bearing CIN U60231WB2015PTC205412. Further, our Company was converted into a Public Limited Company in pursuance of a special resolution passed by the members of our Company at the Extra Ordinary General Meeting held on January 15, 2024 and the name of our Company was changed from Pranik Logistics Private Limited to Pranik Logistics Limited & Registrar of Companies, Kolkata has issued a new certificate of incorporation consequent upon conversion dated March 07, 2024, bearing CIN U60231WB2015PLC205412.

Global Smart Warehouse Industry: Smart Warehousing Market size is expected to cross USD 122 Billion by the end of 2036, growing at a CAGR of 15% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of smart warehousing was over USD 20 Billion. The growth of the market is due to growing incidences of email phishing and ransomware, as well as the need for coherence between security policies and facility audit trails. The number of global ransomware attacks was estimated at 236.1 million during the first half of 2022. In 2021 there was a global outbreak of 623.3 million ransomware attacks. In 2022, the amount of ransomware was around 20% of all cybercrimes. In addition, the smart warehousing industry is taking off as e-commerce's popularity increases and digitalization progresses. To improve and accelerate the supply chain's network, a wide range of suppliers from all over the world are using cutting-edge technologies such as barcode scanning software, automatic driving aids or radio frequency identification technology to reduce errors. In order to develop the market, it is vital that these technologies are used for storage. Indian Smart Warehousing Industry: Increasing adoption of technological advancements, e-commerce sector's high growth, and the government's supportive initiatives are projected to propel the expansion of the India Smart Warehousing Market during the forecast period between 2024 and 2030. Smart Warehousing - Overview: A smart warehouse, serving as a sizable facility for storing manufactured items and raw materials, has undergone a transformative shift with the integration of machines and computers. Tasks that were traditionally carried out by humans, such as receiving and processing orders, storing and counting products, and efficiently transferring orders to their designated locations, are now seamlessly executed in smart warehouses. The adoption of technologies, such as AGV, RFID, IoT, and analytics, has notably reduced errors or eliminated them entirely in these operations. The increasing utilization of these advanced technologies emerges as a key driver propelling the smart warehousing market forward. Also, a significant trend within smart warehouses involves the automation of virtually all stages involved in the movement of goods from suppliers to customers. The widespread move toward automation is anticipated to witness substantial growth, expanding the sales potential in the India Smart Warehousing Market over the forecast period. Global Logistics Industry: The global logistics market size reached US$ 5.4 Trillion in 2023. Looking forward, the market is expected to reach US$ 7.9 Trillion by 2032, exhibiting a growth rate (CAGR) of 4.1% during 2024-2032. The market is experiencing robust growth, driven by rapid expansion of e-commerce sector, rising technological advancements, such as the Internet of Things (IoT), ongoing globalization of trade, increasing focus on environmental sustainability, and growing consumer demand for faster delivery systems. Indian Logistics Industry: Market Overview: The India logistics market size reached US$ 282.3 Billion in 2023. Looking forward, the market is expected to reach US$ 557.4 Billion by 2032, exhibiting a growth rate (CAGR) of 7.85% during 2024-2032. The significant expansion in the e-commerce and online retail industry, the implementation of favorable government policies encouraging the adoption of logistics services, and emerging technological advancements are some of the major factors contributing to the market growth.

Our company is engaged as carrying and forwarding agent providing end-to-end Logistics solutions i.e. from the point of origin to the point of consumption, in order to meet the needs of our customers and corporations. We are a pan India logistics provider, acting as carrying and forwarding agent and providing integrated services including transportation, warehousing, material handling and freight forwarding to our customers belonging to various industries such as Retail, Customer Durables, Telecom, Manufacturing, Pharma, etc.

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