Cargosol Logistics IPO Review
Cargosol Logistics IPO Overview
The 2003-founded Cargosol Logistics Limited is a full-service 3 PL (third-party logistics) service provider, offering end-to-end solutions in the logistics and supply chain domain. These solutions include container, sea, and air freight, shipping, storage and distribution, custom clearance services, and handling of project cargo.
Additionally, the business offers storage space to its clients. The warehouses are conveniently positioned near a number of Thane, Maharashtra, production and consuming areas.
Through our slot agreements with feeder operators as well as with mainline operators, the company also manages NVOCC (Non-Vessel Owning Common Carrier) facilities for the Indian Sub-continent, Middle East, Upper Gulf, South East Asia, and part of Europe.
The business has offices in Kalamboli, Pune, New Delhi, Chennai, and a warehouse in Thane in addition to its headquarters in Mumbai.
Customers of Cargosol Logistics Limited work in industries as diverse as automotive and heavy manufacturing, telecom, food and agro, fast-moving consumer goods (“FMCG”), paint, and dairy throughout India.
According to the restated financial statements, our total income for the three-month period ending December 31, 2021, the year ending on March 31, 2021, 2020, and 2019 was Rs. 135.17 crores, Rs. 103.59 crores, Rs. 64.12 crores, and Rs. 55.90 crores, respectively.
Cargosol Logistics IPO Details
Cargosol Logistics IPO Date | Sep 28, 2022 to Sep 30, 2022 |
Cargosol Logistics IPO Face Value | ₹10 per share |
Cargosol Logistics IPO Price | ₹28 per share |
Cargosol Logistics IPO Lot Size | 4000 Shares |
Issue 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) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
NII (HNI) Shares Offered | 50% of the net offer |
Retail Shares Offered | 50% of the net offer |
Company Promoters | Mr. Roshan Kishanchand Rohira and Mr. Samuel Janathan Muliyil are the company promoters. |
Cargosol Logistics IPO Financial Performance
Period Ended | Total Assets | Total Revenue | Profit After Tax |
31-Mar-19 | 2689.2 | 5590.79 | 101.88 |
31-Mar-20 | 2971.67 | 6412.92 | 120.14 |
31-Mar-21 | 4107.51 | 10359.99 | 176.14 |
31-Dec-21 | 4536.53 | 13517.14 | 401.72 |
Amount in ₹ Lakhs |
Period Ended | Net Worth | Reserves and Surplus |
31-Mar-19 | 656.57 | 606.57 |
31-Mar-20 | 782.46 | 682.46 |
31-Mar-21 | 978.96 | 728.96 |
31-Dec-21 | 1457.64 | 1207.64 |
Amount in ₹ Lakhs |
Cargosol Logistics IPO Key Ratios
FY 2019 | FY 2020 | FY 2021 | |
EPS | 1.64 | 1.68 | 2.62 |
PE ratio | – | – | – |
RONW (%) | 18.77 | 16.09 | 20.07 |
NAV | 8.75 | 10.43 | 13.05 |
Debt/Equity ratio | 2.31 | 1.86 | 1.77 |
ROCE (%) | 10.7 | 12.9 | 14.3 |
Listing Performance of Cargosol Logistics IPO
Listed On : BSE SME
Issue Price : ₹28 per share
Listing Day Close : NA
Listing Day Gain : NA
Cargosol Logistics IPO ISIN Number Code
NSE : NA
ISIN CODE : NA
BSE : NA
Cargosol Logistics IPO Allotment Status
Cargosol Logistics IPO Important Dates
Cargosol Logistics IPO Opening Date | Sep 28, 2022 |
Cargosol Logistics IPO Closing Date | Sep 30, 2022 |
Basis of Allotment | Oct 6, 2022 |
Initiation of Refunds | Oct 7, 2022 |
Credit of Shares to Demat | Oct 10, 2022 |
Cargosol Logistics IPO Listing Date | Oct 11, 2022 |
Cargosol Logistics IPO Contact Details
502, Swaroop Arcade,
Sahar Road, Andheri,
East, Mumbai – 400099
Phone: +91-022-66126000
Email: cs@cargosol.com
Website: https://cargosol.com/
Cargosol Logistics IPO Registrar Contact Details
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: cargosol.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Cargosol Logistics IPO Subscription Details
Updated Soon.
Cargosol Logistics IPO FAQ's
The Cargosol Logistics IPO is a BSE SME IPO of ₹28 per share with a face value of 10 per equity share.
The issue size is priced at 2,700,000 shares of ₹10 (aggregating up to ₹7.56 Cr).
The fresh issue size is priced at 2,700,000 shares of ₹10 (aggregating up to ₹7.56 Cr).
The initial public offering (IPO) begins on Sep 28, 2022 and ends on Sep 30, 2022.
The registrar for the IPO is Link Intime India Private Ltd.
The Cargosol Logistics IPO opens on Sep 28, 2022 and closes on Sep 30, 2022.
Cargosol Logistics IPO Market lot size is 4000 Shares and the minimum order quantity is 4000 Shares.
The finalisation of Basis of Allotment for Cargosol Logistics IPO will be done on Oct 6, 2022. and the allotted shares will be credited to your demat account by Oct 10, 2022. Check the Cargosol Logistics IPO status.
The Cargosol Logistics IPO listing date is on Oct 11, 2022.
Cargosol Logistics IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.