IPO Issue Details
Issue Price / Price Band₹45 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size10,80,000 shares (aggregating up to ₹4.86 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 27 Sep 2022
Subscription CloseThu, 29 Sep 2022
Anchor AllotmentMon, 26 Sep 2022
Basis of AllotmentTue, 04 Oct 2022
Initiation of RefundsThu, 06 Oct 2022
Credit of Shares to DematFri, 07 Oct 2022
Listing DateMon, 10 Oct 2022
UPI Mandate Deadline2022-09-29
Application & Investment Details
Retail — Min (1 Lots)₹1,35,000 — 3,000 shares
Retail — Max (13 Lots)₹1,755,000 (13 Lots)
HNI — Min (2 Lots)₹2,70,000 — 6,000 shares
P/E Ratio (Pre-IPO)7.77x
Net Offer to Public10,20,000 shares (aggregating up to ₹4.59 Cr)
Reserved for Market Maker60,000 shares (aggregating up to ₹0.2700 Cr)
Pre-IPO Promoter Holding30,00,000 shares
Post-IPO Promoter Holding40,80,000 shares
About Cargotrans Maritime Ltd.
Incorporated in 2012, Cargotrans Maritime Limited is an international logistics solutions provider. The company's core business is providing sea logistics services including ocean freight forwarding (FCL and LCL), transportation, customs clearance, warehousing and other value-added services to clients.The company operates at 4 seaports in Gujarat i.e. Mundra, Hazira, Kandla and Pipavav. Currently, Cargotrans Maritime operates a fleet of 9 owned commercial trailers for moving containers and apart from this company also hires third-party transport operators to meet the shipping demand of the customers.Cargotrans Maritime Limited offers the following services:Ocean Freight Forwarding, Custom Clearance, Warehousing Services and Transportation Services.Competitive Strengths:Wide range of logistics services and solutions.Diversified customer base across varied industry verticals.Long standing relationship with Customers.Strong relationship with constituents of logistics value chain.Experienced Management team.
Objects of the Issue
Cargotrans Maritime Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To meet Working Capital requirements
3.50
2
2 General Corporate Purpose
0.66
Shareholding & Lock-in
Pre-IPO Promoter Holding
30,00,000 shares
Post-IPO Promoter Holding
40,80,000 shares