Cargosol Logistics IPO Date, Review, and Details

cargosol logistic ipo

Cargosol Logistics Limited IPO Date, Review, and Details (Cargosol Logistics IPO)

Cargosol Logistics IPO is an BSE SME IPO. They are going to raise ₹7.56 Crores via IPO. The issue is a price range of ₹28 per equity share. The IPO is to be listed on BSE. 

Cargosol Logistics Limited is incorporated in 2003, Cargosol Logistics Limited is a complete 3 PL (third-party logistics) service provider, delivering end-to-end solutions in the logistics and supply chain domain involving multimodal transport operations (MTO), owning and operating containers, sea, and air freight, transportation, warehousing, custom clearance services and handling of project cargo.

The company also provides warehousing facilities to customers.
The company also handle NVOCC (Non-Vessel Owning Common Carrier) facility for the sectors like Indian Sub-continent, South East Asia, Middle East, Upper Gulf, and part of Europe with feeder operator as well as mainline operators.

The company headquarters are located in Mumbai and other locations as well such as Kalamboli, Pune, New Delhi, and Chennai, and a warehouse is located in Thane.

Cargosol Logistics Limited operates in various sectors across India, including automotive and heavy engineering, telecom, food and agro, fast-moving consumer goods (“FMCG”), paint, and dairy.

For the period ending December 31, 2021, and the year ended on March 31, 2021, 2020, and 2019 our total revenue as per Restated Financial Statements were Rs. 135.17 crores, Rs. 103.59 crores, Rs. 64.12 crores, and Rs. 55.90 crores respectively.

What is the official website of Cargosol Logistics Limited?

Cargosol Logistics Limited IPO Services Ltd’s Official Website ishttps://cargosol.com/ 

What is the registered address of Cargosol Logistics Limited?

Cargosol Logistics Limited
502, Swaroop Arcade,
Sahar Road, Andheri,
East, Mumbai – 400099
Phone: +91-022-66126000
Email: cs@cargosol.com
Websitehttps://cargosol.com/

Cargosol Logistics Limited Financial Information

Cargosol Logistics Limited Financial Information
Period Ended Total Assets Total Revenue Profit After Tax Net Worth
31-Mar-19 2689.2 5590.79 101.88 656.57
31-Mar-20 2971.67 6412.92 120.14 782.46
31-Mar-21 4107.51 10359.99 176.14 978.96
31-Mar-22 5782.34 20072.25 553.76 1599.82
Amount in ₹ Lakhs

Cargosol Logistics IPO Date & Price Band 

IPO Open: September 28, 2022
IPO Close: September 30, 2022
IPO Size: Approx ₹7.56 Crores
Face Value: ₹10 Per Equity Share
IPO Price Band: Rs.28 per Equity Share, 2,700,000 shares
IPO Listing on: BSE SME
Retail Quota: 50%
QIB Quota: -%
NII Quota: 50%

Cargosol Logistics IPO Market Lot

The Cargosol Logistics Limited IPO  minimum market lot is 4000 shares with a ₹120,000 application amount.

Application Lots Shares Amount
Retail (Min) 1 4000 ₹112,000
Retail (Max) 1 4000 ₹112,000

Cargosol Logistics IPO Allotment & Listing Dates

The IPO date is September 28 and the IPO close date is September 30, 2022. The IPO allotment date is October 6 and the Cargosol IPO  listing on October 11, 2022.

Event Date
Opening Date Sep 28, 2022
Closing Date Sep 30, 2022
Basis of Allotment Oct 6, 2022
Initiation of Refunds Oct 7, 2022
The credit of Shares to Demat Oct 10, 2022
IPO Listing Date Oct 11, 2022

Cargosol Logistics Limited Company Promoter

Mr. Roshan Kishanchand Rohira and Mr. Samuel Janathan Muliyil are the company promoters.

Cargosol Logistics Limited Company Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: cargosol.ipo@linkintime.co.in
Website
https://linkintime.co.in/

Cargosol IPO Lead Managers

Hem Securities Limited

What is Cargosol IPO?

The IPO is an NSE SME IPO. They are going to raise ₹7.56 Crores via IPO. The issue is a price range of ₹28 per equity share. The IPO is to be listed on BSE.

When will IPO open?

The IPO will open for NII and Retail Investors on September 28, 2022.

What is Cargosol IPO Investors Portion?

The investors’ portion for NII is 50%, and Retail is 50%.

What is Cargosol IPO Size?

The IPO size is ₹7.56 crores.

What is IPO Price Band?

The IPO Price range of ₹28 per equity share.

What is IPO Minimum and Maximum Lot Size?

The IPO bid is 4000 shares with ₹112,000.  

Application Lots Shares Amount
Retail (Min) 1 4000 ₹112,000
Retail (Max) 1 4000 ₹112,000

What is Cargosol Logistics Limited IPO Allotment?

The IPO allotment date is October 6, 2022.

What is Cargosol Logistics Limited IPO Listing?

The IPO listing date is October 11, 2022. The IPO to list on BSE SME.

 Also Read: Upcoming BSE NSE SME IPO 2022  

Also Read: Find the List of Stock Market Holidays in 2022

Also Read: What are the top 10 upcoming IPOs in 2022?

 

 

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