Brace Port Logistics Limited IPO
- IPO Date19 Aug, 2024 to 21 Aug, 2024
- Listing Date26 Aug, 2024
- Face Value₹10 per share
- Issue Price₹76 to ₹80 per share
- Lot Size1600 Shares
- Minimum Investment₹1,28,000
- Listing AtNSE SME
- Total Issue Size30,51,200 Shares
(aggregating up to ₹24.41 Cr) - Fresh Issue30,51,200 Shares
(aggregating up to ₹24.41 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue82,50,000
- Shareholding post issue1,13,01,200
IPO Dates
Closing Date
21 Aug, 2024
Initiation of Refunds
23 Aug, 2024
Listing Date
26 Aug, 2024
19 Aug, 2024
Opening Date
22 Aug, 2024
Basis of Allotment
23 Aug, 2024
Credit of Shares
Brace Port Logistics Limited Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,28,000 |
| Retail (Max) | 1 | 1600 | ₹1,28,000 |
| HNI (Min) | 2 | 3200 | ₹2,56,000 |
Brace Port Logistics Limited Promoter Holding
The promoters of the company are Skyways Air Services Private Limited, Mr. Yash Pal Sharma, Mr. Tarun Sharma, Mr. Sachin Arora and Mr. Rishi Trehan.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 96.04% | - |
Brace Port Logistics Limited COMPANY INFORMATION
Brace Port Logistics IPO is a book built issue of 30.51 lakh shares. The issue is entirely a fresh issue of 30.51 lakh shares. Brace Port Logistics IPO opens for subscription on August 19, 2024 and closes on August 21, 2024. The allotment for the Brace Port Logistics IPO is expected to be finalized on Thursday, August 22, 2024. Brace Port Logistics IPO will list on NSE SME with tentative listing date fixed as Monday, August 26, 2024. Brace Port Logistics IPO price bands are yet to be announced. Holani Consultants Private Limited is the book running lead manager of the Brace Port Logistics IPO, while Link Intime India Private Ltd is the registrar for the issue. The market maker for Brace Port Logistics IPO is Holani Consultants. Refer to Brace Port Logistics IPO RHP for detailed information.
Incorporated in November 2020, Brace Port Logistics Limited is a company that specializes in providing ocean cargo logistics services to clients across various sectors of the economy.
The company also provides services such as Air Freight, Warehousing facilities, special cargo services such as handling cargo in foreign countries and delivery of the same in other foreign countries and customs clearance services.
The company has a strong network that serves customers in various industries including medical supplies, pharmaceuticals, sports goods, perishables, electronics, consumer durables, and automotive, both in India and globally.
The company provide services to countries such as Germany, Vietnam, UAE, Hongkong and Bangladesh.
The company is certified for Quality Management Systems (ISO ISO 9001:2015), Environmental Management System (ISO 14001:2015), and Occupational Health and Safety Management System (ISO 45001:2015).
On August 31, 2023, the company employed 20 people. They worked in departments such as Accounts & Finance, Compliance, Maintenance, Marketing & Logistics, Production & Operations, Quality, Top-Level Management, and Permanent Labor.
Analysis of Brace Port Logistics Limited IPO
The Brace Port Logistics Limited IPO offers significant opportunities and risks for investors. The IPO process, as described in the document, provides insights into the company's financial health, market position, and potential for growth. Below is a detailed summary, including a list of pros and cons for potential investors.
Brace Port Logistics Limited, a logistics company, is offering its shares to the public in an initial public offering (IPO). The company has provided detailed information about its operations, financials, and market position. The IPO aims to raise funds to enhance the company's logistics capabilities, expand its operations, and improve its market reach.
Pros of Brace Port Logistics Limited IPO
Strong Market Position: The company holds a solid position in the logistics market, which can be a positive indicator for investors.
Growth Potential: The funds raised from the IPO will be used to expand operations, suggesting future growth potential.
Experienced Management: The leadership team has significant experience in the logistics industry, which can contribute to the company’s success.
Financial Stability: The company’s financials, as outlined in the document, show a stable performance with potential for growth.
Strategic Use of Funds: The intended use of the funds for expansion and enhancement of logistics capabilities is strategic and aligns with market needs.
Cons of Brace Port Logistics Limited IPO
Market Competition: The logistics industry is highly competitive, which may affect the company’s profitability.
Economic Dependence: The company’s performance is closely tied to the economic environment, making it vulnerable to economic downturns.
Regulatory Risks: Changes in regulations related to logistics and transportation could impact the company’s operations.
Operational Risks: The document highlights risks associated with operational challenges, which could affect the company’s profitability.
Valuation Concerns: The IPO valuation may be a concern for some investors, depending on the perceived value versus the asking price.
Conclusion
The Brace Port Logistics Limited IPO offers a strategic investment opportunity with a clear growth trajectory. However, potential investors should carefully assess the pros and cons to make an informed decision. Balancing the company's growth potential with the inherent risks of the logistics industry will be key to determining whether this IPO aligns with your investment strategy.
FAQs About Brace Port Logistics Limited Ipo
Brace Port Logistics Limited IPO will open on 19 Aug, 2024 and close on 21 Aug, 2024. Investors must apply within this period to participate.
The Brace Port Logistics Limited IPO price band is set between ₹76.00 and ₹80.00 per share. The minimum lot size is 1600, requiring an investment of at least ₹128000.00.
The Brace Port Logistics Limited IPO shares are expected to be listed on 26 Aug, 2024, subject to regulatory approvals and final allotment.
You can track your Brace Port Logistics Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Brace Port Logistics Limited IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.