
Cargosol Logistics Limited
BSE SME₹112,000 / 4000 Shares
Cargosol Logistics Limited IPO Details
The Cargosol Logistics Limited IPO price band is set between ₹28 per equity share, with a face value of ₹10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 28 Sep, 2022 and closes on 30 Sep, 2022. Investors can check the allotment status on 6 Oct, 2022, while the listing date is tentatively scheduled for 10 Oct, 2022.
The total issue size is 2,700,000 shares of ₹10, aggregating up to ₹7.56 Cr. Stay tuned for the latest Cargosol Logistics Limited IPO review and GMP updates.
Cargosol Logistics Limited IPO Review, Rating & Analysis
Cargosol Logistics Limited IPO Review
NO REVIEWCargosol Logistics Limited IPO Rating
Cargosol Logistics Limited IPO Highlights
IPO Date
Sep 28, 2022 - Sep 30, 2022
Listing Date
10 Oct, 2022
Face Value
₹10 Per Equity Share
Price Band
₹28 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Cargosol Logistics Limited IPO Lot Size
The minimum market lot for Cargosol Logistics Limited IPO is 4000 shares with an application amount of ₹1,12,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹1,12,000 |
| Retail (Max) | 1 | 4000 | ₹1,12,000 |
| S-HNI (Min) | 2 | 8000 | ₹2,24,000 |
| S-HNI (Max) | 8 | 32000 | ₹8,96,000 |
| B-HNI (Min) | 9 | 36000 | ₹10,08,000 |
Cargosol Logistics Limited IPO Timeline
Issue Price
₹28 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Link Intime India Private LtdLead Manager
Hem Securities LimitedIssue Size
2,700,000 shares of ₹10(aggregating up to ₹7.56 Cr)Fresh Issue : 2,700,000 shares of ₹10(aggregating up to ₹7.56 Cr)Cargosol Logistics Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Dec 21 | 4536.53 | 13517.14 | 401.72 | - | - | - |
| 31 Mar 21 | 4107.51 | 10359.99 | 176.14 | - | - | - |
| 31 Mar 20 | 2971.67 | 6412.92 | 120.14 | - | - | - |
| 31 Mar 19 | 2689.2 | 5590.79 | 101.88 | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- Mr. Roshan Kishanchand Rohira
- Mr. Samuel Janathan Muliyil
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 73.52% |
About Company
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 Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,280,000 | 1,280,000 | 2,560,000 |
Day 1 -28-09-22 06:00 PM | 0.59 x | 1.05 x | 0.82 x |
Day 2 -29-09-22 06:00 PM | 1.79 x | 5.58 x | 3.68 x |
Day 3 -30-09-22 06:00 PM | 84.61 x | 26.26 x | 55.43 x |
Frequently Asked Questions about Cargosol Logistics Limited IPO
When will Cargosol Logistics Limited IPO open for subscription?
The Cargosol Logistics Limited IPO opens on 28 Sep, 2022 and closes on 30 Sep, 2022.
What is the investors portion for Cargosol Logistics Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1280000.
How to apply for Cargosol Logistics Limited IPO?
You can apply for Cargosol Logistics Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Cargosol Logistics Limited IPO?
The issue size of Cargosol Logistics Limited IPO is approx ₹2,700,000 shares of ₹10(aggregating up to ₹7.56 Cr)Fresh Issue : 2,700,000 shares of ₹10(aggregating up to ₹7.56 Cr) crores.
What is the price band of Cargosol Logistics Limited IPO?
The price band for Cargosol Logistics Limited IPO is ₹28 per equity share to ₹undefined.
What is the lot size of Cargosol Logistics Limited IPO?
The minimum bid (lot size) for Cargosol Logistics Limited IPO is N/A shares with an investment of approx ₹112,000 .
What is the allotment date of Cargosol Logistics Limited IPO?
The allotment date for Cargosol Logistics Limited IPO is 6 Oct, 2022.
What is the listing date of Cargosol Logistics Limited IPO?
The listing date for Cargosol Logistics Limited IPO is expected to be 10 Oct, 2022.
What is the GMP of Cargosol Logistics Limited IPO?
The latest Grey Market Premium (GMP) for Cargosol Logistics Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
