Issue Price
₹28
Per Share
GMP
NIL
Grey Market
Est. Listing
₹28
Expected Price
Min. Application
₹224,000
2 lots × 4000 shares
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 December 31, 2021, and the year ended on March 31, 2021, 2020 and 2019 our total revenue as per Restated Financial Statements were Rs. 135.17 crores, Rs. 103.59 crores, Rs. 64.12 crores and Rs. 55.90 crores respectively.
Cargosol Logistics Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 140,000 | — | ₹0.39 Cr | — |
| TOTAL | 2,700,000 | 100.00% | ₹7.56 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹112,000 |
| Retail (Max) | 13 | 52,000 | ₹1,456,000 |
| sNII (Min) | 14 | 56,000 | ₹1,568,000 |
| bNII (Min) | 68 | 272,000 | ₹7,616,000 |
| Particulars | 31-Mar-19 | 31-Mar-20 | 31-Mar-21 |
|---|---|---|---|
| Revenue from Operations | 5590.79 | 6412.92 | 10359.99 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 101.88 | 120.14 | 176.14 |
| Net Worth | 656.57 | 782.46 | 978.96 |
| Total Assets | 2689.20 | 2971.67 | 4107.51 |
| Reserves & Surplus | 606.57 | 682.46 | 728.96 |
| Total Borrowings | N/A | N/A | N/A |