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Cargosol Logistics Ltd.

Cargosol Logistics Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹28
₹28
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹28
Based on GMP
Min. Investment
₹112,000
1 lot × 4000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
28 Sep 2022
Close Date
30 Sep 2022
Allotment
06 Oct 2022
Listing Date
10 Oct 2022
Exchange
BSE SME
Price Band
₹28
Listing Price
See chart
Allotment Status
Price Band
₹28
Per share
Face Value
₹10 per share
 
Lot Size
4,000 Shares
per lot
Issue Size
27,00,000 shares (aggregating up to ₹7.56 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹112,000
1 lot
Pre-IPO Holding
75,00,000 shares
Promoters
Post-IPO Holding
1,02,00,000 shares
Promoters
P/E (Pre)
5.15x
 
UPI Deadline
2022-09-30
Mandate
Anchor AllotmentTue, 27 Sep 2022
Basis of AllotmentThu, 06 Oct 2022
Refund InitiationFri, 07 Oct 2022
Demat CreditMon, 10 Oct 2022
Listing DayMon, 10 Oct 2022
UPI Mandate Deadline2022-09-30
Sale TypeFresh Capital
Net Offer to Public25,60,000 shares (aggregating up to ₹7.17 Cr)
Market Maker Quota1,40,000 shares (aggregating up to ₹0.3920 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Cargosol Logistics Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 30 Sep 2022.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
140,000
₹0.39
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
2,700,000
100% ₹7.56
IPO Shares Offered
Cargosol Logistics Ltd. IPO total issue size: ₹7.56 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 140,000 ₹0.39
5.19%
Total 2,700,000 ₹7.56
100.00%
* Based on upper price band ₹28 per share
Lot Size & Investment
Lot Size
4,000
Shares per Lot
Issue Price
₹28.00
Upper Band
Min Investment
₹112,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)28,000₹224,000
Retail (Max — 13 Lots)1352,000₹1,456,000
S-HNI (Min — 14 Lots)1456,000₹1,568,000
B-HNI (Min — 68 Lots)68272,000₹7,616,000
* Issue Price ₹28 × Lot Size 4,000 shares
IPO Schedule
Anchor
27 Sep 2022
✓ Done
IPO Open
28 Sep 2022
✓ Done
IPO Close
30 Sep 2022
✓ Done
Allotment
06 Oct 2022
✓ Done
Refunds
07 Oct 2022
✓ Done
Demat Credit
10 Oct 2022
✓ Done
Listing Day
10 Oct 2022
✓ Done
Cargosol Logistics Ltd. — Live Price LIVE
₹28.00
INR · BSE
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Issue ₹28.00 Live Price
About Cargosol Logistics Ltd.
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.
Objects of the Issue
1
1 Purchase of vehicle for commercial purpose
2
2 Purchase of Containers for expansion of the NVOCC division
3
3 To meet working capital requirements
4
4 General Corporate Purpose
Cargosol Logistics Ltd. Financials (Amount in Lakhs)
Revenue from Operations
₹10,360.0
31-Mar-21
₹6,412.9
31-Mar-20
₹5,590.8
31-Mar-19
Profit After Tax (PAT)
₹176.1
31-Mar-21
₹120.1
31-Mar-20
₹101.9
31-Mar-19
Particulars31-Mar-1931-Mar-2031-Mar-21
Revenue from Operations 5590.79 6412.92 10359.99
EBITDA N/A N/A N/A
Profit After Tax (PAT) 101.88 120.14 176.14
Net Worth 656.57 782.46 978.96
Total Assets 2689.20 2971.67 4107.51
Reserves & Surplus 606.57 682.46 728.96
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered27,00,000 (100.00%)
Net Offer to Public25,60,000 shares (aggregating up to ₹7.17 Cr)
Reserved for Market Maker1,40,000 shares (aggregating up to ₹0.3920 Cr)
Pre-Issue Promoter Holding75,00,000 shares
Post-Issue Promoter Holding1,02,00,000 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Hem Securities Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Cargosol Logistics Ltd. IPO subscribed?

Cargosol Logistics Ltd. IPO is subscribed 1.00 times by Sep 30, 2022. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Cargosol Logistics Ltd. IPO retail subscription status?

The Cargosol Logistics Ltd. IPO retail category is subscribed 1.00 times as of 30 Sep 2022. The retail portion is oversubscribed.

How to subscribe Cargosol Logistics Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 28 Sep 2022 and closes 30 Sep 2022. Min investment: ₹112,000 (1 lot = 4,000 shares). UPI mandate: 2022-09-30.

How many times Cargosol Logistics Ltd. IPO subscribed?

The Cargosol Logistics Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Cargosol Logistics Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 06 Oct 2022. Refunds: on 07 Oct 2022.

When Cargosol Logistics Ltd. IPO will be listed?

The Cargosol Logistics Ltd. IPO listing date is 10 Oct 2022, Monday. Listed on: BSE SME. Issue price: ₹28. Estimated listing: ₹28. GMP: NIL.

When Cargosol Logistics Ltd. IPO close?

The Cargosol Logistics Ltd. IPO closes on 30 Sep 2022, Friday. UPI mandate: 2022-09-30. Allotment: 06 Oct 2022. Listing: 10 Oct 2022.