S J Logistics (India) Limited
- IPO Date12 Dec, 2023 to 14 Dec, 2023
- Listing Date19 Dec, 2023
- Face Value₹10 per share
- Issue Price₹121 to ₹125 per share
- Lot Size1000 Shares
- Minimum Investment₹1,25,000
- Listing AtNSE SME
- Total Issue Size38,40,000 Shares
(aggregating up to ₹48.00 Cr) - Fresh Issue38,40,000 Shares
(aggregating up to ₹48.00 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue1,06,43,130
- Shareholding post issue1,44,83,130
IPO Dates
Closing Date
14 Dec, 2023
Initiation of Refunds
18 Dec, 2023
Listing Date
19 Dec, 2023
12 Dec, 2023
Opening Date
15 Dec, 2023
Basis of Allotment
18 Dec, 2023
Credit of Shares
S J Logistics (India) Limited Lot Size
Investors can bid for a minimum of 1000 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 | 1000 | ₹1,25,000 |
| HNI (Min) | 2 | 2000 | ₹2,50,000 |
| Retail (Max) | 1 | 1000 | ₹1,25,000 |
S J Logistics (India) Limited Promoter Holding
The Promoter of the company is Rajen Hasmukhlal Shah.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 67.55% | 49.64% |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 24.41% |
| ROCE | 18.58% |
| RoNW | 24.41% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 14.14 | 8.84 |
| P/E (x) | 14.14 | 8.84 |
S J Logistics (India) Limited COMPANY INFORMATION
S J Logistics IPO is a book built issue of Rs 48.00 crores. The issue is entirely a fresh issue of 38.4 lakh shares. S J Logistics IPO opens for subscription on December 12, 2023 and closes on December 14, 2023. The allotment for the S J Logistics IPO is expected to be finalized on Friday, December 15, 2023. S J Logistics IPO will list on NSE SME with tentative listing date fixed as Tuesday, December 19, 2023. S J Logistics IPO price band is set at ₹121 to ₹125 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹125,000. The minimum lot size investment for HNI is 2 lots (2,000 shares) amounting to ₹250,000. Hem Securities Limited is the book running lead manager of the S J Logistics IPO, while Maashitla Securities Private Limited is the registrar for the issue. The market maker for S J Logistics IPO is Hem Finlease. Refer to S J Logistics IPO RHP for detailed information.
Incorporated in December 2003, S J Logistics (India) Limited provides logistics and supply chain solutions to its customers. The company provides freight forwarding, customs clearance, and transportation handling services.
In fiscal year 2023, the company processed 3,100 bills of lading to various countries, including Africa, South America, Australia, Europe, the Gulf, Southeast Asia, Russia, and the United States. S J Logistics also established cooperative agreements with partners in Ecuador, Brazil, Chile, Peru, the United States, Paraguay, Bolivia, Hong Kong, China, Taiwan, Vietnam, and others for logistics and freight forwarding. The company has two subsidiary companies: SJA Logisol India Private Limited (SJALIPL) and S. J. L. Group (Singapore) Pte. Ltd.
The competitive strengths of the company are-
- Long-standing business and track record
- Strong relationship with the diverse customer base
- Wide range of logistics services and solutions.
- Existing agency network and arrangements
FAQs About S J Logistics (India) Limited
S J Logistics (India) Limited will open on 12 Dec, 2023 and close on 14 Dec, 2023. Investors must apply within this period to participate.
The S J Logistics (India) Limited price band is set between ₹121.00 and ₹125.00 per share. The minimum lot size is 1000, requiring an investment of at least ₹125000.00.
The S J Logistics (India) Limited shares are expected to be listed on 19 Dec, 2023, subject to regulatory approvals and final allotment.
You can track your S J Logistics (India) Limited application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The S J Logistics (India) Limited will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.