Priti International Ltd

Priti International

About the Company:

Priti International Ltd is engaged in manufacturing and exporting of Handicraft Products.

Company is strategically located in Jodhpur, Rajasthan which is amongst the top exporters of handicrafts in India. Company’s manufacturing facilities are located in prominent industrial areas in Jodhpur which are known for handicrafts products.

They also deal in manufacturing of wooden, metal and textile based furniture and handicrafts products, upcycling and recycling of various kinds of raw, unusable and waste metal and wooden articles.

The products range from solid wooden and metal furniture articles, home furnishing items, creative wooden and metal articles for various uses, textile based products like cushions, pillow covers, rugs and carpets, handbags, travel bags and backpacks, pet products, etc.

Company majorly cater their products in the international market. They export their products to wholesalers and retailers from countries such as Spain, Belgium, Holland, Netherlands, Turkey, England, China, Greece, Germany etc.

Company also export their products to customers working on some specific projects e.g. newly constructed hotels, restaurants, bars & pubs, etc.


Company’s Product portfolio can be categorized into following broad classes:

product category


Company’s History:

Company’s promoter, Priti Lohiya commenced the business of handicraft products in the name and style M/s. Priti International, a proprietary concern in year 2002 at facilities located at Basni and Boranada in Jodhpur, Rajasthan. The running business of M/s. Priti International was acquired by Priti International Limited on November 11, 2017 vide Business Succession Agreement.


Country Wise Revenue Details.

Country wise revenue

Management Team:

  1. Mr. Goverdhan Das Lohiya (Designation: Chairman & Director)
  2. Ms. Leela Lohiya (Designation: Non-Executive Director)
  3. Mr. Ritesh Lohiya (Designation: Director and CFO)


Objectives of the Issue:

  • Purchase of Plant & Machinery and related civil work.
  • Funding the working capital requirements of the Company.
  • General Corporate Purposes.


Fund Utilization:

Particulars Amount (Rs. in Crores)
Purchase of Plant & Machinery and related civil work 0.70
Working capital requirements of the Company 2.85
General Corporate Expenses 0.90
Net Proceeds 5.25 cr


Peer group Comparison:

Company is into the business of manufacturing of furniture, wooden, metal and textile based handicrafts, and currently there are no listed peers in India engaged in this particular business segment and therefore, a strict comparison of Priti International Ltd with any listed company is not possible.


Financials of the Company:

(in Crores) FY 13 FY 14 FY 15 FY 16 FY 17 10th Nov 17
Revenue 19.15 20.03 20.55 21.91 20.33 10.93
Net Profit 0.64 0.75 3.39 0.94 1.11 0.63


IPO Details:

Details Info
Issue Opens on 11th June 2018
Issue Closes on:. 13th June 2018
Issue Price Rs.75
Face Value Rs.10
Minimum Lot 1600
Minimum Investment Rs.1,20,000
Issue Constitutes 27.01%
Issue Size Rs.5.25 cr
Market Cap Rs.19.45 cr
Listing at NSE SME
Equity Shares Offered (Fresh) 7,00,800
Equity Shares Prior to the Issue 18,93,532
Equity Shares after the Issue 25,94,332


Important Dates:

Finalization of Basis of Allotment on or Before 18th June 2018
Initiation of Refunds on or Before 19th June 2018
Credit of Equity Shares: on or Before 20th June 2018
Listing Date: on or Before 21st June 2018


IPO Valuation Parameters:

Earnings Per Share (EPS) Price To Earnings ratio (PE) Return on Net Worth (RoNW) Net Asset Value (NAV)
3.47 21.61 3.99% 21.13


Knowledge Corner: (Click on the Link)

How to become a Successful Investor?
Questions to Ask Before You Buy a Stock?
Guidelines for Investing in IPOs
Important Tips For Investing in an IPO.
Frequently Asked Questions on IPO.
Important Ratios you Should Know.
NSE & BSE Holiday List For the Year 2018


Check IPO Allotment Status:

Bigshare Website (Click on the below Link)


Company Contact Info:
Priti International Limited
Plot No. F-43, Basni, 1st Phase,
Jodhpur – 342 001, Rajasthan, India.
Tel: 0291- 2431367


IPO Registrar Info:
1st floor, Bharat Tin Works Building,
Opp. Vasant Oasis, Makwana Road,
Marol, Andheri (East),
Mumbai 400059, Maharashtra, India
Tel: +91 22 6263 8200
Fax: +91 22 6263 8299


Lead Manager to the Issue:
406-408, Keshva Premises, Behind Family Court,
Bandra Kurla Complex, Bandra (East),
Mumbai – 400 051, Maharashtra, India
Tel: +91-22 6194 6700
Fax: +91-22 2659 8690