IPO

Cargotrans Maritime Limited IPO

BSE SME

Listed On: Oct 10, 2022 at ₹ 70.00

₹ 135000 /3000 Shares

Check Allotment

Cargotrans Maritime IPO Details

27 Sep, 2022

Open Date

29 Sep, 2022

Close Date

04 Oct, 2022

Allotment Date

10 Oct, 2022

Listing Date

Issue Price

₹45 per equity share

Face Value

₹10 Per Equity Share 

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

70.00

Listing Date

2022-10-10

Market Lot

3000 Shares (₹135,000/-)

Lead Manager

Hem Securities Limited

Issue Size

1,080,000 shares of ₹10 (aggregating up to ₹4.86 Cr)

#Fresh Issue: 1,080,000 shares of ₹10 (aggregating up to ₹4.86 Cr)

Retail Portion

N/A

Subscription

148.25 times

IPO Docs

DRHP RHP

Cargotrans Maritime IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved510,000510,0001,020,000
Day 1 - 27-09-22 06:00 PM1.51 x7.15 x4.33 x
Day 2 - 28-09-22 06:00 PM7.36 x30.69 x19.03 x
Day 3 - 29-09-22 06:00 PM127.57 x166.86 x148.25 x

Cargotrans Maritime Valuations

Earnings Per Share (EPS)

₹7.88/-

P/E Ratio

5.71

RoNW

44.39%

Net Asset Value (NAV) - Post Issue

₹17.74/-

Cargotrans Maritime Company Financials All values are in ₹ Lakh

30-Mar-2231-Mar-2131-Mar-20
Assets1157.431071.37592.68
Revenue8959.924941.12058.43
Profit After Tax236.28115.0127.56

About The Company

Cargotrans Maritime Limited is an international logistics solutions provider. The company's core business is providing sea logistics services including ocean freight forwarding (FCL and LCL), transportation, customs clearance, warehousing and other value-added services to clients.

The company operates at 4 seaports in Gujarat i.e. Mundra, Hazira, Kandla and Pipavav. Currently, Cargotrans Maritime operates a fleet of 9 owned commercial trailers for moving containers and apart from this company also hires third-party transport operators to meet the shipping demand of the customers.

Cargotrans Maritime Limited offers the following services:

Ocean Freight Forwarding, Custom Clearance, Warehousing Services and Transportation Services.

Read More

Cargotrans Maritime - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 73.53%


Company Promoter(s)

  1. Edwin Alexander
  2. Manju Edwin
  3. Mathew Jacob
  4. B Chandrashekhar Rao

Cargotrans Maritime IPO - Issue Objectives

  1. To meet Working Capital requirements
  2. General Corporate Purpose
  3. To meet issue expenses

Cargotrans Maritime IPO - FAQs

Ans. Cargotrans Maritime Limited IPO is a SME IPO. The issue is priced at ₹45 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Sep 27, 2022, and closes on Sep 29, 2022. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Cargotrans Maritime Limited IPO opens on Sep 27, 2022 and closes on Sep 29, 2022.

Ans. The size of Cargotrans Maritime Limited IPO is 1,080,000 shares of ₹10 (aggregating up to ₹4.86 Cr) #Fresh Issue: 1,080,000 shares of ₹10 (aggregating up to ₹4.86 Cr).

Ans. The IPO price band is set between ₹45 per equity share.

Ans. To apply for Cargotrans Maritime Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Cargotrans Maritime 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 Cargotrans Maritime Limited IPO is Oct 4, 2022.

Ans. The Cargotrans Maritime Limited IPO will be listed on Oct 10, 2022.

Ans. Follow the steps to check the allotment status for Cargotrans Maritime Limited IPO here.