Cargosol Logistics Limited IPO
Cargosol Logistics Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹28 per share. The stock debuted at ₹42.4, delivering a listing gain of 51.4%. The IPO had a lot size of ₹4000 shares and a minimum investment of ₹1,12,000.
Cargosol Logistics Limited IPO
- IPO Dates
- Sep 28, 2022 – Sep 30, 2022
- Price band
- ₹28 per equity share
- Minimum Investment
- ₹1,12,000
- 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)
- Lot size
- 4000
- Allotment Date
- Oct 6, 2022
- Listing
- Oct 10, 2022
- Listing At
- BSE SME
IPO timeline
-
Sep 28, 2022
Open Date
Completed
-
Sep 30, 2022
Close Date
Completed
-
Oct 6, 2022
Allotment Date
Completed
-
Oct 10, 2022
Listing Date
Completed
Cargosol Logistics Limited IPO Essentials
Cargosol Logistics Limited IPO Details
Cargosol Logistics Limited IPO is priced at ₹28 per share with a total issue size of 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). The IPO has a lot size of 4000 shares and is listed on BSE SME.
- Issue price
- ₹28 per equity share
- Lot size
- 4000 shares
- Face value
- ₹10 Per Equity Share
- 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) - Listing at
- BSE SME
- List price
- 42.40
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Hem Securities Limited
Cargosol Logistics Limited IPO Analytics
Cargosol Logistics Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Cargosol Logistics Limited IPO Subscription Status
Cargosol Logistics Limited 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 | 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
- EPS (Post IPO)
- ₹2.62/-
Returns
- RoNW
- 20.07%
Cargosol Logistics Limited Financials( In Lakhs)
| 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 |
Cargosol Logistics Limited Company & Offer Insights
About Cargosol Logistics Limited
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)
Mr. Roshan Kishanchand Rohira, Mr. Samuel Janathan Muliyil are the company's promoters of Cargosol Logistics Limited.
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.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Cargosol Logistics Limited IPO is a Fixed Priced IPO worth ₹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). The issue price is ₹28 per share (fixed price). The IPO opens on Sep 28, 2022 and closes on Sep 30, 2022. It will be listed on BSE SME Platform. Link Intime India Private Ltd is the registrar.
The issue price of Cargosol Logistics Limited IPO is ₹28 per share (fixed price).
The lot size of Cargosol Logistics Limited IPO is 4000 shares.
The minimum investment for Cargosol Logistics Limited IPO is approximately ₹1,12,000 based on the issue price .
Cargosol Logistics Limited IPO opens on Sep 28, 2022 and closes on Sep 30, 2022.
The allotment date of Cargosol Logistics Limited IPO is Oct 6, 2022.
Cargosol Logistics Limited IPO is expected to be listed on Oct 10, 2022, on BSE SME Platform.
Cargosol Logistics Limited IPO valuation snapshot: P/E N/A, EPS ₹2.62/-, P/B N/A, RoNW 20.07%, and market cap N/A.
To apply for Cargosol Logistics Limited 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 Cargosol Logistics Limited 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 Cargosol Logistics Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Cargosol Logistics Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Cargosol Logistics Limited IPO allotment status on IPO Ji for quick and easy access.