Issue Price
₹84
Per Share
GMP
NIL
Grey Market
Est. Listing
₹84
Expected Price
Min. Application
₹268,800
2 lots × 1600 shares
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 to meet the inland transportation requirements. It also has a network of various business partners providing it with vehicles, warehouses and other assets and services for the business. At present, the company is offering its services through business partners in more than 35 countries.The company has 169 employees on its payroll.
Accuracy Shipping Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 217,600 | — | ₹1.83 Cr | — |
| TOTAL | 4,257,600 | 100.00% | ₹35.76 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹134,400 |
| Retail (Max) | 13 | 20,800 | ₹1,747,200 |
| sNII (Min) | 14 | 22,400 | ₹1,881,600 |
| bNII (Min) | 68 | 108,800 | ₹9,139,200 |
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue from Operations | 20129.20 | 17078.99 | 16165.61 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 195.93 | 106.86 | 31.60 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 5825.34 | 4394.03 | 2783.54 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |