GConnect Logitech and Supply Chain Limited IPO
BSE SMEListed On: Apr 3, 2024 at ₹ 42.0
₹ 120000 /3000 Shares
Check Allotment26 Mar, 2024
Open Date28 Mar, 2024
Close Date01 Apr, 2024
Allotment Date03 Apr, 2024
Listing DateIssue Price
₹40 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Kfin Technologies LimitedList Price
42.0Listing Date
2024-04-03Market Lot
3000 Shares (₹120,000/-)Lead Manager
Fedex Securities Pvt LtdIssue Size
1,401,000 shares(aggregating up to ₹5.60 Cr)Retail Portion
50%Subscription
57.38 times
The IPO of GConnect Logitech and Supply Chain Limited is priced at ₹40 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on BSE SME. Kfin Technologies Limited is the registrar of the issue.
GConnect Logitech and Supply Chain Limited IPO bid opening date is from Mar 26, 2024 and the bid closing date was Mar 28, 2024.
GConnect Logitech and Supply Chain Limited IPO allotment result will be available on Apr 1, 2024. The tentative listing date for GConnect Logitech and Supply Chain Limited is Apr 3, 2024.
The total issue size is 1,401,000 shares(aggregating up to ₹5.60 Cr).
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 |
GConnect Logitech and Supply Chain Limited Valuations
EPS Pre IPO
₹/-EPS Post IPO
₹/-P/E Pre IPO
P/E Post IPO
ROE
5.73%ROCE
7.67%RoNW
5.73%PAT Margin
11.22Price to Book Value
2.33GConnect 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 |
| Net Worth | 398.15 | 77.51 |
| Reserves & Surplus | 166.29 | 60.10 |
About The Company
Gconnect Logitech and Supply Chain Limited was incorporated in July 2022. The company offers surface logistics services, which include goods transport.
The company offers bulk loads, FTL service, and dedicated loads.
The company is an asset-light model and sources third parties for the provision of assets, such as vehicles.
The company presently has about 24 customers, over 8 of whom have been associated with the company for more than 4 years.As of Oct. 30, 2023, the company has partnered with 4 fleet management firms and has 23 vehicles of different sizes to meet customer needs.
As of March 2024, the company has a total of 6 employees from the different departments.
GConnect Logitech and Supply Chain Limited - Promoter(s)
Pre Issue Share Holding: 76.76%
Post Issue Share Holding: 47.85%
- 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.
Other Details
GConnect Logitech and Supply Chain Limited
Shop No. 6, Sadguru Complex, Nari Chowkadina, Bhavnagar – 364 001Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: Gconnect.ipo@kfintech.com
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.
