✓
Open
26 Mar 2024
✓
Close
28 Mar 2024
3
Allotment
—
✓
Listing
Wed, Apr 3, 2024
Price Band
₹40 per share
Issue Size
14,01,000 shares (agg. up to ₹6 Cr)
Lot Size
3,000 Shares
Listing Date
Wed, Apr 3, 2024
Latest GMP
₹9
Est. Gain
22.5%
✦ AI Insight
GMP Trend
03-04-2024₹9Est. ₹49+22.5%
02-04-2024₹9Est. ₹49+22.5%
01-04-2024₹9Est. ₹49+22.5%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 56.89x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 |
|---|---|---|
| Assets | 4.23 | 0.82 |
| Total Income | 2.13 | 1.01 |
| Profit After Tax | 0.23 | 0.11 |
| NET Worth | 3.98 | 0.78 |
| Reserves and Surplus | 1.66 | 0.60 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Sahara Maritime Ltd. | SME | ₹6.88 Cr | ₹81 | 15.03 | ₹81.16 | +0.20% | ₹21.00 (-4.55%) |
| S J Logistics (India) Ltd. | SME | ₹48.00 Cr | ₹125 | 14.14 | ₹183.75 | +47.00% | ₹328.30 (-2.48%) |
| Marinetrans India Ltd. | SME | ₹10.92 Cr | ₹26 | 14.53 | ₹31.00 | +19.23% | ₹14.15 (+4.81%) |
| Committed Cargo Care Ltd. | SME | ₹24.95 Cr | ₹77 | 10.94 | ₹86.10 | +11.82% | ₹313.50 (-5.00%) |
| Oneclick Logistics India Ltd. | SME | ₹9.91 Cr | ₹99 | 0.51 | ₹133.00 | +34.34% | ₹419.00 (-2.56%) |
| Zeal Global Services Ltd. | SME | ₹36.46 Cr | ₹103 | 13.83 | ₹154.35 | +49.85% | ₹65.60 (+0.00%) |
| TVS Supply Chain Solutions Ltd. | Mainboard | ₹880.00 Cr | ₹197 | 189.42 | ₹201.00 | +2.03% | ₹135.54 (-1.95%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of Vehicles and Body Building | 4.10 |
| 2 | Finance the Website Development and App Designing; and | 0.49 |
| 3 | General Corporate Purpose | 0.46 |
About GConnect Logitech IPO
Incorporated in July 2022, Gconnect Logitech and Supply Chain Limited provides surface logistics services, including goods transport. The company's service offerings include bulk loads, Full Truck Loads (FTL) service, and dedicated loads. The company has an asset-light model and works with third parties to provide necessary assets, such as vehicles. As of September 30, 2023, the company serves approximately 24 customers, with over 8 customers having been associated with them for more than 4 years. As of Oct. 30, 2023, the company had partnered with 4 fleet management firms and had 23 vehicles of various sizes to meet customer needs. As of March 2024, the company has a total of 6 employees in various departments.+ Read More
Contact Details
GConnect Logitech & Supply Chain Ltd. AddressShop No.6, Sadguru ComplexNari ChowkadinaBhavnagar, Gujarat, 364001+91 93777 74949contact@gconnectlogitech.comVisit Website