Issue Price
₹40
Per Share
GMP
NIL
Grey Market
Est. Listing
₹40
Expected Price
Min. Application
₹240,000
2 lots × 3000 shares
Incorporated in July 2022, Gconnect Logitech and Supply Chain Limited provides surface logistics services, including goods transport.The company's service offerings include bulk loads, Full Truck Loads (FTL) service, and dedicated loads.The company has an asset-light model and works with third parties to provide necessary assets, such as vehicles.As of September 30, 2023, the company serves approximately 24 customers, with over 8 customers having been associated with them for more than 4 years.As of Oct. 30, 2023, the company had partnered with 4 fleet management firms and had 23 vehicles of various sizes to meet customer needs.As of March 2024, the company has a total of 6 employees in various departments.
GConnect Logitech & Supply Chain Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 75,000 | — | ₹0.30 Cr | — |
| TOTAL | 1,401,000 | 100.00% | ₹5.60 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹120,000 |
| Retail (Max) | 13 | 39,000 | ₹1,560,000 |
| sNII (Min) | 14 | 42,000 | ₹1,680,000 |
| bNII (Min) | 68 | 204,000 | ₹8,160,000 |
| Particulars | 30 Sep 2023 | 31 Mar 2023 | FY 2022-23 |
|---|---|---|---|
| Revenue from Operations | 212.57 | 101.03 | N/A |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 22.83 | 10.86 | N/A |
| Net Worth | 398.15 | 77.51 | N/A |
| Total Assets | 423.25 | 82.46 | N/A |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | 166.29 | 60.10 | N/A |