Brace Port Logistics IPO
Brace Port Logistics is an NSE SME IPO listed on the NSE SME platform, priced at ₹76–₹80 per share. The stock debuted at ₹152, delivering a listing gain of 90.0%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,28,000.
Brace Port Logistics Limited IPO
- IPO Dates
- Aug 19, 2024 – Aug 21, 2024
- Price band
- ₹76-80 per equity share
- Minimum Investment
- ₹1,28,000
- Issue size
- ₹24.41 Cr
- Lot size
- 1600
- Allotment Date
- Aug 22, 2024
- Listing
- Aug 26, 2024
- Listing At
- NSE SME
IPO timeline
-
Aug 19, 2024
Open Date
Completed
-
Aug 21, 2024
Close Date
Completed
-
Aug 22, 2024
Allotment Date
Completed
-
Aug 26, 2024
Listing Date
Completed
Brace Port Logistics IPO Essentials
Brace Port Logistics IPO Details
Brace Port Logistics IPO is priced at ₹76-80 per share with a total issue size of 24.41 crore. The IPO has a lot size of 1600 shares and is listed on NSE SME.
- Issue price
- ₹76-80 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- Fresh Issue of 3,051,200 shares(aggregating up to ₹24.40 Cr)
- Total issue size
- 30,51,200 shares
(aggregating up to ₹24.41 crore) - Fresh issue
- 30,51,200 shares
(aggregating up to ₹24.41 crore) - Listing at
- NSE SME
- List price
- 152.0
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Holani Consultants Private Limited
Market Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1600 | ₹1,28,000 |
| Retail(max) | 1 | 1600 | ₹1,28,000 |
| NII (min) | 2 | 3,200 | ₹2,56,000 |
Brace Port Logistics IPO Documents
Brace Port Logistics IPO Reservation
Brace Port Logistics IPO reservation details show category-wise allocation of shares. Out of the total 3,051,200 shares, approximately 11.75% are reserved for QIB, 26.22% for NII, 39.33% for retail investors, 5.09% for market maker, and 17.62% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 537,600 (17.62%) | |
| Market Maker Shares Offered | 155,200 (5.09%) | |
| QIB Shares Offered | 358,400 (11.75%) | |
| NII (HNI) Shares Offered | 800,000 (26.22%) | |
| Retail Shares Offered | 1,200,000 (39.33%) | |
| Total Shares Offered | 3,051,200 (100%) |
Brace Port Logistics IPO Analytics
Brace Port Logistics IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Brace Port Logistics IPO Subscription Status
Brace Port Logistics IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 358,400 / 800,000 | 1,200,000 | 2,358,400 |
|
Day 1
19-08-24 06:00 PM
|
(6.59 / 29.03) x | 81.41 x | 52.27 x |
|
Day 2
20-08-24 06:00 PM
|
(16.83 / 106.16) x | 231.26 x | 156.24 x |
|
Day 3
21-08-24 06:00 PM
|
(450.04 / 854.65) x | 588.48 x | 657.73 x |
Brace Port Logistics Valuations
Earnings
- EPS Pre IPO
- ₹5.93/-
- EPS Post IPO
- ₹4.33/-
- P/E Pre IPO
- 13.49
- P/E Post IPO
- 18.48
Returns
- ROE
- 43.19%
- ROCE
- 47.05%
- RoNW
- 35.52%
- PAT Margin
- 8.89
Fundamentals
- Debt / Equity
- 0.04
- Price / Book
- 4.79
Brace Port Logistics Financials( In Lakhs)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 2,783.29 | 1,310.78 | 1,179.14 |
| Revenue | 5,524.59 | 7,093.66 | 5,419.57 |
| Profit After Tax | 489.13 | 618.09 | 322.39 |
| Net Worth | 1,377.18 | 888.05 | 419.96 |
| Reserves & Surplus | 552.18 | 813.05 | 344.96 |
| Total Borrowing | 48.97 | 59.10 | N/A |
Brace Port Logistics Company & Offer Insights
About Brace Port Logistics
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.
Brace Port Logistics Promoter(s)
Skyways Air Services Private Limited, Mr. Yash Pal Sharma, Mr. Tarun Sharma, Mr. Sachin Arora, Mr. Rishi Trehan are the company's promoters of Brace Port Logistics.
Brace Port Logistics IPO Issue Objectives
- •
- Funding the working capital requirements of the company
- •
- General corporate purposes.
Brace Port Logistics IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Brace Port Logistics Limited | 5.93 | 5.93 | 16.69 | N/A | 35.52 | N/A | Restated |
| Tiger Logistics (india) Ltd | 12.26 | 12.26 | 104.83 | 30.81 | 11.7 | N/A | Standalone |
| Avg Logistics Limited | 7.09 | 7.09 | 146.51 | 20.18 | 16.35 | N/A | Standalone |
Notes:
- The Company has allotted 75,00,000 equity shares of face value of Rs. 10/- each as Bonus Shares in the ratio of 10:1, i.e., 10 (Ten) Equity Share having a face value of Rs. 10/- each for every 1 (One) Equity share having face value of Rs.10/- each.
- The effect of issue of the Bonus Equity Shares has been considered for calculation of Earnings Per Share for the period presented in the above results as required as per AS-20 'Earning Per Share.
Contact Information
Contact Details
Brace Port Logistics
011 - 41729003
http://www.braceport-logistics.com/
A-182, Mahipalpur Extension, 5, Road No 4, South Delhi, Mahipalpur-New Delhi-110037
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Brace Port Logistics IPO is a book-built IPO worth ₹24.41 crore. The price band is ₹76–₹80 per share. The IPO opens on Aug 19, 2024 and closes on Aug 21, 2024. It will be listed on NSE SME Platform. Link Intime India Private Ltd is the registrar.
The price band of Brace Port Logistics IPO is ₹76 to ₹80 per share.
The lot size of Brace Port Logistics IPO is 1600 shares.
The minimum investment for Brace Port Logistics IPO is approximately ₹1,28,000 based on the upper price band .
Brace Port Logistics IPO opens on Aug 19, 2024 and closes on Aug 21, 2024.
The allotment date of Brace Port Logistics IPO is Aug 22, 2024.
Brace Port Logistics IPO is expected to be listed on Aug 26, 2024, on NSE SME Platform.
Brace Port Logistics IPO valuation snapshot: P/E 18.48, EPS ₹4.33/-, P/B 4.79, RoNW 35.52%, and market cap N/A.
To apply for Brace Port Logistics IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Brace Port Logistics IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Brace Port Logistics IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Brace Port Logistics IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Brace Port Logistics IPO allotment status on IPO Ji for quick and easy access.