Cargosol Logistics Limited IPO
BSE SMEListed On: Oct 10, 2022 at ₹ 42.40
₹ 224000 /8000 Shares
*Min Investment
28 Sep, 2022
Open Date30 Sep, 2022
Close Date06 Oct, 2022
Allotment Date10 Oct, 2022
Listing DateCargosol Logistics Limited IPO Issue Details
- Issue Price ₹28 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 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 2022-10-10
- Lead Manager Hem Securities Limited
- Registrar Link Intime India Private Ltd
Cargosol Logistics Limited IPO Details
- Retail Portion N/A
Cargosol Logistics Limited IPO Details
Cargosol Logistics Limited IPO is an SME IPO, priced at ₹28 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Sep 28, 2022 to Sep 30, 2022. The allotment is expected to be finalized on Oct 6, 2022, and the tentative listing date is Oct 10, 2022.
The registrar of the IPO is Link Intime India Private Ltd, and
Cargosol Logistics Limited IPO Subscription Analysis And 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
Cargosol Logistics Limited Company Financials
| 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 Cargosol Logistics Limited 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)
Mr. Roshan Kishanchand Rohira
Mr. Samuel Janathan Muliyil
Pre Issue Share Holding : 100%
Post Issue Share Holding : 73.52%
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. You can track the real-time subscription numbers using the links below:
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 Cargosol Logistics Limited IPO price band is set between ₹28 per equity share.
Ans. To apply for Cargosol Logistics Limited 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 Cargosol Logistics Limited IPO allotment status online.
