IPO

Cargosol Logistics Limited IPO

BSE SME

Listed On: Oct 10, 2022 at ₹ 42.40

₹ 112000 /4000 Shares

Check Allotment

Cargosol Logistics Limited IPO Details

28 Sep, 2022

Open Date

30 Sep, 2022

Close Date

06 Oct, 2022

Allotment Date

10 Oct, 2022

Listing Date

Issue Price

₹28 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Link Intime India Private Ltd

List Price

42.40

Listing Date

2022-10-10

Market Lot

4000 Shares (₹112,000/-)

Lead Manager

Hem Securities Limited

Issue Size

2,700,000 shares of ₹10(aggregating up to ₹7.56 Cr)

Fresh Issue : 2,700,000 shares of ₹10(aggregating up to ₹7.56 Cr)

Retail Portion

N/A

Subscription

55.43 times

IPO Docs

DRHP RHP

Cargosol Logistics Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved1,280,0001,280,0002,560,000
Day 1 - 28-09-22 06:00 PM0.59 x1.05 x0.82 x
Day 2 - 29-09-22 06:00 PM1.79 x5.58 x3.68 x
Day 3 - 30-09-22 06:00 PM84.61 x26.26 x55.43 x

Cargosol Logistics Limited Valuations

Earnings Per Share (EPS)

₹2.62/-

P/E Ratio

N/A

RoNW

20.07%

Net Asset Value (NAV) - Post Issue

₹13.05/-

Cargosol Logistics Limited Company Financials All values are in ₹ Lakh

31-Dec-2131-Mar-2131-Mar-2031-Mar-19
Assets4536.534107.512971.672689.2
Revenue13517.1410359.996412.925590.79
Profit After Tax401.72176.14120.14101.88

About The Company

Incorporated in 2003, Cargosol Logistics Limited is a complete 3 PL (third-party logistics) service provider, delivering end-to-end solutions in the logistics and supply chain domain involving multimodal transport operations (MTO), owning and operating container, sea and air freight, transportation, warehousing, custom clearance services and handling of project cargo.
The company also provide warehousing facilities to the customers and the warehouses are well connected to several manufacturing and consumption clusters located in Thane, Maharashtra.
The company also handle NVOCC (Non-Vessel Owning Common Carrier) facility for the sectors like Indian Sub-continent, Middle East, Upper Gulf, South East Asia and part of Europe through our slot arrangements with feeder operator as well as with mainline operators.
The company is headquartered in Mumbai and has a presence in major locations such as Kalamboli, Pune, New Delhi, Chennai and a warehouse located at Thane.
Cargosol Logistics Limited's customers operate in various sectors across India, including automotive and heavy engineering, telecom, food and agro, fastmoving consumer goods (FMCG), paint and dairy.
For the period ending December 31, 2021, and the year ended on March 31, 2021, 2020 and 2019 our total revenue as per Restated Financial Statements were Rs. 135.17 crores, Rs. 103.59 crores, Rs. 64.12 crores and Rs. 55.90 crores respectively.

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Cargosol Logistics Limited - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 73.52%


Company Promoter(s)

  1. Mr. Roshan Kishanchand Rohira
  2. Mr. Samuel Janathan Muliyil

Cargosol Logistics Limited IPO - Issue Objectives

  1. Purchase of vehicle for commercial purpose.
  2. Purchase of Containers for expansion of the Non Vessel Owning Common Carrier (NVOCC) division.
  3. To meet working capital requirements.
  4. General Corporate Purpose.
  5. To meet issue expenses.

Cargosol Logistics Limited IPO - FAQs

Ans. Cargosol Logistics Limited IPO is a SME IPO. The issue is priced at ₹28 per equity share. The minimum order quantity is 4000 Shares. The IPO opens on Sep 28, 2022, and closes on Sep 30, 2022. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Cargosol Logistics Limited IPO opens on Sep 28, 2022 and closes on Sep 30, 2022.

Ans. The size of Cargosol Logistics Limited IPO is 2,700,000 shares of ₹10(aggregating up to ₹7.56 Cr) Fresh Issue : 2,700,000 shares of ₹10(aggregating up to ₹7.56 Cr).

Ans. The IPO price band is set between ₹28 per equity share.

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

  • - Open the IPO Ji App or Website
  • - Find Cargosol 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 Cargosol Logistics Limited IPO is Oct 6, 2022.

Ans. The Cargosol Logistics Limited IPO will be listed on Oct 10, 2022.

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