Cargotrans Maritime Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

27 Sep 2022

Close Date

29 Sep 2022

Allotment

04 Oct 2022

Listing Date

10 Oct 2022

Exchange

BSE SME

Price Band

₹45

Listing Price

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Allotment Status

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Price Band

₹45

Per share

Face Value

₹10 per share

Lot Size

3,000 Shares

per lot

Issue Size

10,80,000 shares (aggregating up to ₹4.86 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹135,000

1 lot

Pre-IPO Holding

30,00,000 shares

Promoters

Post-IPO Holding

40,80,000 shares

Promoters

P/E (Pre)

7.77x

UPI Deadline

2022-09-29

Mandate

Anchor AllotmentMon, 26 Sep 2022

Basis of AllotmentTue, 04 Oct 2022

Refund InitiationThu, 06 Oct 2022

Demat CreditFri, 07 Oct 2022

Listing DayMon, 10 Oct 2022

UPI Mandate Deadline2022-09-29

Sale TypeFresh Capital

Net Offer to Public10,20,000 shares (aggregating up to ₹4.59 Cr)

Market Maker Quota60,000 shares (aggregating up to ₹0.2700 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Cargotrans Maritime Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 29 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	60,000	—	₹0.27
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	1,080,000	100%	₹4.86

IPO Shares Offered

Cargotrans Maritime Ltd. IPO total issue size: ₹4.86 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	60,000	₹0.27	5.56%
Total	1,080,000	₹4.86	100.00%

* Based on upper price band ₹45 per share

Lot Size & Investment

Lot Size

3,000

Shares per Lot

Issue Price

₹45.00

Upper Band

Min Investment

₹135,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	6,000	₹270,000
Retail (Max — 13 Lots)	13	39,000	₹1,755,000
S-HNI (Min — 14 Lots)	14	42,000	₹1,890,000
B-HNI (Min — 68 Lots)	68	204,000	₹9,180,000

* Issue Price ₹45 × Lot Size 3,000 shares

IPO Schedule

Anchor

26 Sep 2022

✓ Done

IPO Open

27 Sep 2022

✓ Done

IPO Close

29 Sep 2022

✓ Done

Allotment

04 Oct 2022

✓ Done

Refunds

06 Oct 2022

✓ Done

Demat Credit

07 Oct 2022

✓ Done

Listing Day

10 Oct 2022

✓ Done

₹45.00

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Issue ₹45.00 Live Price

About Cargotrans Maritime Ltd.

Incorporated in 2012, Cargotrans Maritime Limited is an international logistics solutions provider. The company's core business is providing sea logistics services including ocean freight forwarding (FCL and LCL), transportation, customs clearance, warehousing and other value-added services to clients.The company operates at 4 seaports in Gujarat i.e. Mundra, Hazira, Kandla and Pipavav. Currently, Cargotrans Maritime operates a fleet of 9 owned commercial trailers for moving containers and apart from this company also hires third-party transport operators to meet the shipping demand of the customers.Cargotrans Maritime Limited offers the following services:Ocean Freight Forwarding, Custom Clearance, Warehousing Services and Transportation Services.Competitive Strengths:Wide range of logistics services and solutions.Diversified customer base across varied industry verticals.Long standing relationship with Customers.Strong relationship with constituents of logistics value chain.Experienced Management team.

Objects of the Issue

1 To meet Working Capital requirements

2 General Corporate Purpose

Cargotrans Maritime Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹8,959.9

31-Mar-22

₹4,941.1

31-Mar-21

₹2,058.4

31-Mar-20

Profit After Tax (PAT)

₹236.3

31-Mar-22

₹115.0

31-Mar-21

₹27.6

31-Mar-20

Particulars	31-Mar-20	31-Mar-21	31-Mar-22
Revenue from Operations	2058.43	4941.10	8959.92
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	27.56	115.01	236.28
Net Worth	181.00	296.01	532.29
Total Assets	592.68	1071.37	1157.43
Reserves & Surplus	121.00	236.01	472.29
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered10,80,000 (100.00%)

Net Offer to Public10,20,000 shares (aggregating up to ₹4.59 Cr)

Reserved for Market Maker60,000 shares (aggregating up to ₹0.2700 Cr)

Pre-Issue Promoter Holding30,00,000 shares

Post-Issue Promoter Holding40,80,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

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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 Cargotrans Maritime Ltd. IPO subscribed? ▲

Cargotrans Maritime Ltd. IPO is subscribed 1.00 times by Sep 29, 2022. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Cargotrans Maritime Ltd. IPO retail subscription status? ▼

The Cargotrans Maritime Ltd. IPO retail category is subscribed 1.00 times as of 29 Sep 2022. The retail portion is oversubscribed.

How to subscribe Cargotrans Maritime Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 27 Sep 2022 and closes 29 Sep 2022. Min investment: ₹135,000 (1 lot = 3,000 shares). UPI mandate: 2022-09-29.

How many times Cargotrans Maritime Ltd. IPO subscribed? ▼

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

How to check Cargotrans Maritime Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 04 Oct 2022. Refunds: on 06 Oct 2022.

When Cargotrans Maritime Ltd. IPO will be listed? ▼

The Cargotrans Maritime Ltd. IPO listing date is 10 Oct 2022, Monday. Listed on: BSE SME. Issue price: ₹45. Estimated listing: ₹45. GMP: NIL.

When Cargotrans Maritime Ltd. IPO close? ▼

The Cargotrans Maritime Ltd. IPO closes on 29 Sep 2022, Thursday. UPI mandate: 2022-09-29. Allotment: 04 Oct 2022. Listing: 10 Oct 2022.

Quick Actions

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Live Price LIVE

Last Price₹45.00

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Issue Price₹45.00

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Quick Summary

StatusListed

Issue Price₹45

Face Value₹10

Lot Size3,000 Sh

Min. Amount₹135,000

GMPNIL

Est. Listing₹45

Subscribed1.00x

Open Date27 Sep 2022

Close Date29 Sep 2022

Allotment04 Oct 2022

Listing Date10 Oct 2022

ExchangeBSE SME

UPI Deadline2022-09-29