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Open
28 Sep 2022
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Close
30 Sep 2022
3
Allotment
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Listing
Mon, Oct 10, 2022
Price Band
₹28 per share
Issue Size
27,00,000 shares (agg. up to ₹8 Cr)
Lot Size
4,000 Shares
Listing Date
Mon, Oct 10, 2022
Latest GMP
₹17
Est. Gain
60.71%
✦ AI Insight
GMP Trend
10-10-2022₹17Est. ₹45+60.71%
09-10-2022₹18Est. ₹46+64.29%
08-10-2022₹17Est. ₹45+60.71%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 54.44x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 57.82 | 41.08 | 29.72 | 26.89 |
| Total Income | 200.72 | 103.60 | 64.13 | 55.91 |
| Profit After Tax | 5.54 | 1.76 | 1.20 | 1.02 |
| NET Worth | 16.00 | 9.79 | 7.82 | 6.57 |
| Reserves and Surplus | 8.50 | 7.29 | 6.82 | 6.07 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Cargotrans Maritime Ltd. | SME | ₹4.86 Cr | ₹45 | 7.77 | ₹73.50 | +63.33% | ₹97.00 (-7.18%) |
| DJ Mediaprint & Logistics Ltd. | SME | ₹15.00 Cr | ₹125 | 32.22 | ₹241.70 | +93.36% | ₹105.21 (+4.20%) |
| Timescan Logistics (India) Ltd. | SME | ₹4.81 Cr | ₹51 | 10.87 | ₹86.10 | +68.82% | ₹42.35 (-4.94%) |
| Delhivery Ltd. | Mainboard | ₹5,235.00 Cr | ₹487 | -67.3 | ₹536.35 | +10.13% | ₹496.65 (-0.41%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of vehicle for commercial purpose | 2.33 |
| 2 | Purchase of Containers for expansion of the NVOCC division | 2.06 |
| 3 | To meet working capital requirements | 2.00 |
| 4 | General Corporate Purpose | 0.29 |
About Cargosol Logistics IPO
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 Dec
Contact Details
Cargosol Logistics Ltd. Address502, Swaroop ArcadeSahar RoadAndheriMumbai, Maharashtra, 400099+91-022-66126000cs@cargosol.comVisit Website