IPO Issue Details
Issue Price / Price Band₹77 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size32,40,000 shares (aggregating up to ₹24.95 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 06 Oct 2023
Subscription CloseTue, 10 Oct 2023
Anchor AllotmentThu, 05 Oct 2023
Basis of AllotmentFri, 13 Oct 2023
Initiation of RefundsMon, 16 Oct 2023
Credit of Shares to DematTue, 17 Oct 2023
Listing DateWed, 18 Oct 2023
UPI Mandate Deadline2023-10-10
Application & Investment Details
Retail — Min (1 Lots)₹1,23,200 — 1,600 shares
Retail — Max (13 Lots)₹1,601,600 (13 Lots)
HNI — Min (2 Lots)₹2,46,400 — 3,200 shares
NII / HNI Quota47.46% of Issue
Retail Quota47.46% of Issue
Market Maker Quota5.09% of Issue
EPS (Pre-IPO)₹7.04
P/E Ratio (Pre-IPO)12.84x
P/E Ratio (Post-IPO)12.84x
Net Offer to Public30,75,200 shares (aggregating up to ₹23.68 Cr)
Reserved for Market Maker1,64,800 shares (aggregating up to ₹1.27 Cr)
Pre-IPO Promoter Holding75,69,600 shares
Post-IPO Promoter Holding1,08,09,600 shares
About Committed Cargo Care Ltd.
Incorporated in 1998, Committed Cargo Care Limited is a Third Party Logistics provider that specializes in handling Import and Export Cargo and provides integrated services.The company provides integrated logistics services such as cargo management solutions, order management, international freight management, customs and cross-border movement, heavy and over-dimensional cargo movement, etc.Committed Cargo Care's customer base comes from various sectors across India, including automotive and heavy engineering, telecom, food and agro, fast-moving consumer goods (FMCG), paint, handicrafts, e-commerce products, garments, pharma, and dairy.The company recorded Rs. 12,221.96 Lacs, Rs. 1,4612.17 Lacs, and Rs. 11,385.89 Lacs in Revenue in Fiscal 2023, 2022, and 2021 respectively.
Objects of the Issue
Committed Cargo Care Ltd. proposes to utilise the net proceeds for the following objects as stated in the DRHP:
1
Meeting working capital requirements
Amount: 15.96
2
General corporate purposes
Amount: 5.45
Shareholding & Lock-in
Pre-IPO Promoter Holding
75,69,600 shares
Post-IPO Promoter Holding
1,08,09,600 shares
