Cargosol Logistics Limited IPO
BSE SMEListed On: Oct 10, 2022 at ₹ 42.40
₹ 112000 /4000 Shares
Check AllotmentCargosol Logistics Limited IPO Details
28 Sep, 2022
Open Date30 Sep, 2022
Close Date06 Oct, 2022
Allotment Date10 Oct, 2022
Listing DateIssue Price
₹28 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Link Intime India Private LtdList Price
42.40Listing Date
2022-10-10Market Lot
4000 Shares (₹112,000/-)Lead Manager
Hem Securities LimitedIssue 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/ASubscription
55.43 timesCargosol Logistics Limited IPO Subscription Details
As on | QIB / NII | Retail | Total |
---|---|---|---|
Shares Offered / Reserved | 1,280,000 | 1,280,000 | 2,560,000 |
Day 1 - 28-09-22 06:00 PM | 0.59 x | 1.05 x | 0.82 x |
Day 2 - 29-09-22 06:00 PM | 1.79 x | 5.58 x | 3.68 x |
Day 3 - 30-09-22 06:00 PM | 84.61 x | 26.26 x | 55.43 x |
Cargosol Logistics Limited Valuations
Earnings Per Share (EPS)
₹2.62/-P/E Ratio
N/ARoNW
20.07%Net Asset Value (NAV) - Post Issue
₹13.05/-Cargosol Logistics Limited Company Financials All values are in ₹ Lakh
31-Dec-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
---|---|---|---|---|
Assets | 4536.53 | 4107.51 | 2971.67 | 2689.2 |
Revenue | 13517.14 | 10359.99 | 6412.92 | 5590.79 |
Profit After Tax | 401.72 | 176.14 | 120.14 | 101.88 |
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.
Cargosol Logistics Limited - Promoter(s)
Pre Issue Share Holding: 100%
Post Issue Share Holding: 73.52%
Company Promoter(s)
- Mr. Roshan Kishanchand Rohira
- Mr. Samuel Janathan Muliyil
Cargosol Logistics Limited IPO - Issue Objectives
- Purchase of vehicle for commercial purpose.
- Purchase of Containers for expansion of the Non Vessel Owning Common Carrier (NVOCC) division.
- To meet working capital requirements.
- General Corporate Purpose.
- 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.