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Open
11 Jun 2018
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Close
14 Jun 2018
3
Allotment
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Listing
Fri, Jun 22, 2018
Price Band
₹81 to ₹84
Issue Size
42,57,600 shares (agg. up to ₹36 Cr)
Lot Size
1,600 Shares
Listing Date
Fri, Jun 22, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.24x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 88.37 | 58.25 | 43.94 | 27.84 |
| Total Income | 266.53 | 201.29 | 170.79 | 161.66 |
| Profit After Tax | 6.82 | 1.96 | 1.07 | 0.32 |
| NET Worth | 21.28 | 13.35 | 5.39 | 2.27 |
| Reserves and Surplus | 11.16 | 4.35 | 2.39 | 1.32 |
| Total Borrowing | 38.97 | 18.09 | 18.54 | 7.95 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shree Vasu Logistics Ltd. | SME | ₹9.29 Cr | ₹45 | null | ₹48.50 | +7.78% | ₹745.30 (+4.99%) |
| AVG Logistics Ltd. | SME | ₹33.06 Cr | ₹107 | null | ₹118.55 | +10.79% | ₹201.59 (-0.32%) |
| Orissa Bengal Carrier Ltd. | SME | ₹16.69 Cr | ₹30 | null | ₹33.45 | +11.50% | ₹53.45 (+0.00%) |
| Shreeji Translogistics Ltd. | SME | ₹12.40 Cr | ₹130 | null | ₹132.00 | +1.54% | ₹8.28 (-0.96%) |
| Total Transport Systems Ltd. | SME | ₹17.01 Cr | ₹45 | null | ₹54.00 | +20.00% | ₹53.42 (-2.21%) |
| Future Supply Chain Solutions Ltd. | Mainboard | ₹649.70 Cr | ₹664 | null | ₹686.35 | +3.37% | ₹2.75 (+5.00%) |
| Mahindra Logistics Ltd. | Mainboard | ₹828.88 Cr | ₹429 | null | ₹429.50 | +0.12% | ₹387.35 (+0.43%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Part repayment/prepayment of certain secured borrowings availed by our Company | 7.50 |
| 2 | Purchase of goods transportation vehicle | 5.17 |
| 3 | Funding the working capital requirements of the Company | 15.00 |
| 4 | General corporate purposes | 9.19 |
About Accuracy Shipping IPO
Incorporated in 2008, Gujarat based "Accuracy Shipping Limited" is a third party logistics solutions provider. The company offers customized and end-to-end logistics solutions and services including transportation and distribution, freight forwarding, clearing and forwarding service, custom house clearance, warehousing and value-added services to its clients. It is also engaged in the handling of project cargo, which is a specialized activity requiring detailed planning and technical expertise. The comprehensive project handling service includes designing and execution of customized solutions tailored to meet specific customer requirements for the transport of high-value specialized equipment from one location to another using multiple modes of transport. As a multimodal transport operator, it offers end-to-end freight services for export and import cargo utilizing multiple modes of transport such as sea, road, rail, and air.Accuracy Shipping operates its business through a PAN India network consisting of a registered office at Gandhidham, 5 branch offices and over 1,300 clients as of January 31, 2018. In addition to using hired fleets, it also has a fleet of more than 150 vehicles
Contact Details
Accuracy Shipping Ltd. AddressSurvey No 42, Plot No 11Meghpar BorichiAnjarKachchh, Gujarat, 37011002836-258251investors@asplindia.orgVisit Website