Brace Port Logistics IPO
Open SmeCurrent GMP
₹92 (+115.00%)
Price Band
₹ 76 – 80
Lot Size
1600
Issue Size
₹24.4 Cr
Minimum Investment
₹256000 (3200 Shares)
Listing Date
26 August 2024
Subscription
-
About the Company
Brace Port Logistics is a service-based logistics company primarily engaged in the business of providing Ocean cargo logistics services to their clients operating in the various sectors of the economy. They also provide various value-added services like Air Freight, Warehousing facilities, special cargo services such as handling cargo in foreign countries and delivery of the same in other foreign countries, and customs clearance services. The company along with our group companies and holding company has an extensive network across the globe. They provide their services at a worldwide level where they cater to clients across the globe and even provide cross-border shipment facilities as well.
Promoters
Interarch Building Products Limited Promoters
- Skyways Air Services Private Limited
- Mr. Yash Pal Sharma
- Mr. Tarun Sharma
- Mr. Sachin Arora
- Mr. Rishi Trehan
Promoters Holding
Holding Pre Issue
96.00%
Holding Post Issue
0.00%
Objects of the Issue
The company proposes to utilize the Net Proceeds of the Fresh Issue towards funding the following objects:
- Funding the working capital requirements of the company
- General corporate purposes.
Address / Contact Info
Brace Port Logistics Limited
A-182, Mahipalpur Extension,
5, Road No 4,
South Delhi, Mahipalpur-New Delhi-110037
Phone: 011 - 41729003
Email: cs@braceport-logistics.com
Website: http://www.braceport-logistics.com
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Monday, 19 August 2024
IPO Close Date
Wednesday, 21 August 2024
Basis of Allotment
Thursday, 22 August 2024
Initiation of Refunds
Friday, 23 August 2024
Credit of Shares to Demat
Friday, 23 August 2024
Listing Date
Monday, 26 August 2024 — NSE & BSE
Important Dates
Open Date
19 August 2024
Close Date
21 August 2024
Basis Of Allotment
22 August 2024
Listing Date
26 August 2024
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 2783.29 | 1310.78 | 1179.14 | 409.61 |
| Revenue | 5524.59 | 7093.66 | 5419.57 | 706.25 |
| Profit After Tax | 489.13 | 618.09 | 322.39 | 22.57 |
| Net Worth | 1377.18 | 888.05 | 419.96 | 97.57 |
| Reserve & Surplus | 552.18 | 813.05 | 344.96 | 22.57 |
| Total Borrowings | 48.97 | 59.1 | 0 | 65.62 |
EPS Pre
5.93%
EPS Post
4.33%
P/E Pre
13.49
P/E (Post Issue)
18.48x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of March 31, 2024. |
|---|---|
| ROE % | 43.19 |
| ROCE % | 47.05 |
| Debt / Equity | 0.04 |
| RoNW % | 35.52 |
| PbW | 4.79 |
| Pat Margin % | 8.89 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| 0 | 0 | 0 |
Subscription Status ( Tue, 13 Aug 24 12:53 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 0 | 2364800 | 0x |
| Non-Institutional | 0 | 36344000 | 0x |
| Retail Investors | 0 | 134510400 | 0x |
| Total | 0 | 173219200 | 0x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | 128,000.00 |
| Retail (Max) | 1 | 1,600 | 128,000.00 |
| S-HNI (Min) | 2 | 3,200 | 256,000.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- Holani Consultants Private Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Brace Port Logistics IPO is a Book-building IPO worth ₹24.4 crores. The price band is ₹76 to 80 per share. The IPO opens on Mon, Aug 19, 2024 and closes on Wed, Aug 21, 2024. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Brace Port Logistics IPO opens on Mon, Aug 19, 2024 and closes on Wed, Aug 21, 2024
Brace Port Logistics IPO Price Band is ₹76 to 80.
Brace Port Logistics IPO lot size is 1600, and the minimum amount required for application is ₹256000.
The minimum investment for Brace Port Logistics IPO is approximately ₹256000 based on the upper price band.
To apply for the Brace Port Logistics IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Wed, Aug 21, 2024. After submission, funds are blocked until the basis of allotment of Brace Port Logistics IPO is finalised.
Brace Port Logistics IPO issue size is ₹24.4 crores.
Brace Port Logistics IPO allotment date is Sat, Jun 27, 2026.
The registrar for Brace Port Logistics IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Brace Port Logistics IPO through their official website or helpline.
The Brace Port Logistics IPO GMP (Grey Market Premium) is ₹92 as of Tue, Aug 20, 2024. Based on the upper price band of ₹80 per share, the estimated Brace Port Logistics IPO listing price is ₹172, indicating a potential listing gain of approximately 31% over the issue price.