Cargosol Logistics IPO

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

BSE IndiaClick Here

KfintechClick Here

Link InTimeClick Here

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.

Cargosol Logistics IPO Comments