GConnect Logitech and Supply Chain Limited IPO

BSE SME

Listed On: Apr 3, 2024 at ₹ 42.0

₹ 120000 /3000 Shares

Check Allotment

GConnect Logitech and Supply Chain Limited IPO Details

26 Mar, 2024

Open Date

28 Mar, 2024

Close Date

01 Apr, 2024

Allotment Date

03 Apr, 2024

Listing Date

Issue Price

₹40 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Kfin Technologies Limited

List Price

42.0

Listing Date

2024-04-03

Market Lot

3000 Shares (₹120,000/-)

Lead Manager

Fedex Securities Pvt Ltd

Issue Size

1,401,000 shares(aggregating up to ₹5.60 Cr)

Retail Portion

50%

Subscription

57.38 times

IPO Docs

DRHP

GConnect Logitech and Supply Chain Limited IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	663,000	663,000	1,326,000
Day 1 - 26-03-24 06:00 PM	0.52 x	4.89 x	2.70 x
Day 2 - 27-03-24 06:00 PM	2.18 x	15.22 x	8.70 x
Day 3 - 28-03-24 06:00 PM	42.90 x	71.74 x	57.38 x

Total No. of Applications: 21,562 (Approx)

GConnect Logitech and Supply Chain Limited Valuations

EPS Pre IPO

₹/-

EPS Post IPO

₹/-

P/E Pre IPO

P/E Post IPO

RoNW

5.73%

GConnect Logitech and Supply Chain Limited Company Financials All values are in ₹ Lakh

	30-Sep-23	31-Mar-23
Assets	423.25	82.46
Revenue	212.57	101.03
Profit After Tax	22.83	10.86

About The Company

Gconnect Logitech and Supply Chain Limited provides surface logistics services, including goods transport.

The company's service offerings include bulk loads, Full Truck Loads (FTL) service, and dedicated loads.

The company has an asset-light model and works with third parties to provide necessary assets, such as vehicles.

As of September 30, 2023, the company serves approximately 24 customers, with over 8 customers having been associated with them for more than 4 years.

As of Oct. 30, 2023, the company had partnered with 4 fleet management firms and had 23 vehicles of various sizes to meet customer needs.

As of March 2024, the company has a total of 6 employees in various departments.

GConnect Logitech and Supply Chain Limited - Promoter(s)

Pre Issue Share Holding: 76.76%

Post Issue Share Holding: 47.85%

Company Promoter(s)

Mr. Jigar Vinodbhai Sheth
Mr. Vinod Venilal Sheth.

GConnect Logitech and Supply Chain Limited IPO - Issue Objectives

Purchase of Vehicles and Body Building
Finance the Website Development and App Designing
General Corporate Purpose.

GConnect Logitech and Supply Chain Limited IPO - FAQs

Ans. GConnect Logitech and Supply Chain Limited IPO is a SME IPO. The issue is priced at ₹40 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Mar 26, 2024, and closes on Mar 28, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The GConnect Logitech and Supply Chain Limited IPO opens on Mar 26, 2024 and closes on Mar 28, 2024.

Ans. The size of GConnect Logitech and Supply Chain Limited IPO is 1,401,000 shares(aggregating up to ₹5.60 Cr).

Ans. The IPO price band is set between ₹40 per equity share.

Ans. To apply for GConnect Logitech and Supply Chain Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find GConnect Logitech and Supply Chain 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 GConnect Logitech and Supply Chain Limited IPO is Apr 1, 2024.

Ans. The GConnect Logitech and Supply Chain Limited IPO will be listed on Apr 3, 2024.

Ans. Follow the steps to check the allotment status for GConnect Logitech and Supply Chain Limited IPO here.