Cargotrans Maritime
BSE SME₹135,000 / 3000 Shares
Cargotrans Maritime IPO Details
The Cargotrans Maritime IPO price band is set between ₹45 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 27 Sep, 2022 and closes on 29 Sep, 2022. Investors can check the allotment status on 4 Oct, 2022, while the listing date is tentatively scheduled for 10 Oct, 2022.
The total issue size is 1,080,000 shares of ₹10 , aggregating up to ₹4.86 Cr. Stay tuned for the latest Cargotrans Maritime IPO review and GMP updates.
Cargotrans Maritime IPO Review, Rating & Analysis
Cargotrans Maritime IPO Review
NO REVIEWCargotrans Maritime IPO Rating
Cargotrans Maritime IPO Highlights
IPO Date
Sep 27, 2022 - Sep 29, 2022
Listing Date
10 Oct, 2022
Face Value
₹10 Per Equity Share
Price Band
₹45 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Cargotrans Maritime IPO Lot Size
The minimum market lot for Cargotrans Maritime IPO is 3000 shares with an application amount of ₹1,35,000. 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 | 3000 | ₹1,35,000 |
| Retail (Max) | 1 | 3000 | ₹1,35,000 |
| S-HNI (Min) | 2 | 6000 | ₹2,70,000 |
| S-HNI (Max) | 7 | 21000 | ₹9,45,000 |
| B-HNI (Min) | 8 | 24000 | ₹10,80,000 |
Cargotrans Maritime IPO Timeline
Issue Price
₹45 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
Hem Securities LimitedIssue Size
1,080,000 shares of ₹10 (aggregating up to ₹4.86 Cr)#Fresh Issue: 1,080,000 shares of ₹10 (aggregating up to ₹4.86 Cr)Cargotrans Maritime IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Mar 22 | 1157.43 | 8959.92 | 236.28 | - | - | - |
| 31 Mar 21 | 1071.37 | 4941.1 | 115.01 | - | - | - |
| 31 Mar 20 | 592.68 | 2058.43 | 27.56 | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- Edwin Alexander
- Manju Edwin
- Mathew Jacob
- B Chandrashekhar Rao
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 73.53% |
About Company
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.
Cargotrans Maritime IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 510,000 | 510,000 | 1,020,000 |
Day 1 -27-09-22 06:00 PM | 1.51 x | 7.15 x | 4.33 x |
Day 2 -28-09-22 06:00 PM | 7.36 x | 30.69 x | 19.03 x |
Day 3 -29-09-22 06:00 PM | 127.57 x | 166.86 x | 148.25 x |
Frequently Asked Questions about Cargotrans Maritime IPO
When will Cargotrans Maritime IPO open for subscription?
The Cargotrans Maritime IPO opens on 27 Sep, 2022 and closes on 29 Sep, 2022.
What is the investors portion for Cargotrans Maritime IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 510000.
How to apply for Cargotrans Maritime IPO?
You can apply for Cargotrans Maritime 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 Cargotrans Maritime IPO?
The issue size of Cargotrans Maritime IPO is approx ₹1,080,000 shares of ₹10 (aggregating up to ₹4.86 Cr)#Fresh Issue: 1,080,000 shares of ₹10 (aggregating up to ₹4.86 Cr) crores.
What is the price band of Cargotrans Maritime IPO?
The price band for Cargotrans Maritime IPO is ₹45 per equity share to ₹undefined.
What is the lot size of Cargotrans Maritime IPO?
The minimum bid (lot size) for Cargotrans Maritime IPO is N/A shares with an investment of approx ₹135,000 .
What is the allotment date of Cargotrans Maritime IPO?
The allotment date for Cargotrans Maritime IPO is 4 Oct, 2022.
What is the listing date of Cargotrans Maritime IPO?
The listing date for Cargotrans Maritime IPO is expected to be 10 Oct, 2022.
What is the GMP of Cargotrans Maritime IPO?
The latest Grey Market Premium (GMP) for Cargotrans Maritime 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.