IPO

Brace Port Logistics Limited IPO

NSE SME

Listed On: Aug 26, 2024 at ₹ 152.0

₹ 128000 /1600 Shares

Check Allotment
Brace Port Logistics IPO Details

19 Aug, 2024

Open Date

21 Aug, 2024

Close Date

22 Aug, 2024

Allotment Date

26 Aug, 2024

Listing Date

Issue Price

₹76-80 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Link Intime India Private Ltd

List Price

152.0

Listing Date

2024-08-26

Market Lot

1600 Shares (₹128,000/-)

Lead Manager

Holani Consultants Private Limited

Issue Size

Fresh Issue of 3,051,200 shares(aggregating up to ₹24.40 Cr)

Retail Portion

35%

Subscription

657.73 times

IPO Docs

DRHP


The IPO of Brace Port Logistics is priced at ₹76-80 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Link Intime India Private Ltd is the registrar of the issue.

Brace Port Logistics IPO bid opening date is from Aug 19, 2024 and the bid closing date was Aug 21, 2024.
Brace Port Logistics IPO allotment result will be available on Aug 22, 2024. The tentative listing date for Brace Port Logistics is Aug 26, 2024.

The total issue size is Fresh Issue of 3,051,200 shares(aggregating up to ₹24.40 Cr).

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Brace Port Logistics IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved358,400 / 800,0001,200,0002,358,400
Day 1 - 19-08-24 06:00 PM6.59 / 29.03 x81.41 x52.27 x
Day 2 - 20-08-24 06:00 PM16.83 / 106.16 x231.26 x156.24 x
Day 3 - 21-08-24 06:00 PM450.04 / 854.65 x588.48 x657.73 x
Total No. of Applications: 4,41,557 (Approx)

Brace Port Logistics Valuations

EPS Pre IPO

₹5.93/-

EPS Post IPO

₹4.33/-

P/E Pre IPO

13.49

P/E Post IPO

18.48

ROE

43.19%

ROCE

47.05%

Debt/Equity

0.04

RoNW

35.52%

PAT Margin

8.89

Price to Book Value

4.79

Brace Port Logistics Company Financials All values are in ₹ Lakh

31-Mar-2431-Mar-2331-Mar-22
Assets2,783.291,310.781,179.14
Revenue5,524.597,093.665,419.57
Profit After Tax489.13618.09322.39
Net Worth1,377.18888.05419.96
Reserves & Surplus552.18813.05344.96
Total Borrowing48.9759.10N/A

About The Company

Incorporated in November 2020, Brace Port Logistics Limited is an ocean cargo logistics company dealing with clients on the diverse sectors of the economy.

Besides this, the company provides air freight services, warehousing, special cargo services such as handling cargo in foreign countries and delivery of the same in other foreign countries and customs clearance services.

The company has a strong network that caters to the customers in diverse industries, including medical supplies, pharmaceuticals, sports goods, perishables, electronics, consumer durables, and automotive in India and around the world.

The company provides services to countries such as Germany, Vietnam, UAE, Hongkong and Bangladesh.

The company is certified for Quality Management Systems (ISO ISO 9001:2015), Environmental Management System (ISO 14001:2015), and Occupational Health and Safety Management System (ISO 45001:2015).

On August 31, 2023, the company had 20 employees. The departments that employed these workers were Accounts & Finance, Compliance, Maintenance, Marketing & Logistics, Production & Operations, Quality, Top-Level Management, and Permanent Labor.

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Brace Port Logistics - Promoter(s)

Pre Issue Share Holding: 96.04%

Post Issue Share Holding: %

Company Promoter(s)
  1. Skyways Air Services Private Limited
  2. Mr. Yash Pal Sharma
  3. Mr. Tarun Sharma
  4. Mr. Sachin Arora
  5. Mr. Rishi Trehan

Brace Port Logistics IPO - Issue Objectives

  1. Funding the working capital requirements of the company
  2. General corporate purposes.

Other Details

Company Contact Details

Brace Port Logistics

A-182, Mahipalpur Extension, 5, Road No 4, South Delhi, Mahipalpur-New Delhi-110037

Phone: 011 - 41729003

Email: cs@braceport-logistics.com

Website: http://www.braceport-logistics.com/

Registrar Contact Details

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Email: braceport.ipo@linkintime.co.in

Website: https://linkintime.co.in/initial_offer/public-issues.html

Brace Port Logistics IPO - FAQs

Ans. Brace Port Logistics Limited IPO is a SME IPO. The issue is priced at ₹76-80 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Aug 19, 2024, and closes on Aug 21, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Brace Port Logistics Limited IPO opens on Aug 19, 2024 and closes on Aug 21, 2024.

Ans. The size of Brace Port Logistics Limited IPO is Fresh Issue of 3,051,200 shares(aggregating up to ₹24.40 Cr).

Ans. The IPO price band is set between ₹76-80 per equity share.

Ans. To apply for Brace Port Logistics Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Brace Port Logistics Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Brace Port Logistics Limited IPO is Aug 22, 2024.

Ans. The Brace Port Logistics Limited IPO will be listed on Aug 26, 2024.

Ans. Follow the steps to check the allotment status for Brace Port Logistics Limited IPO here.