Brace Port Logistics IPO fresh share issue IPO, the total size of this issue is 30.51 Lakhs Equity shares value (24.41 Crores ). Issue starts for bidding on August 19, 2024, Monday and closes on August 21, 2024, Wednesday. According to the RHP file company announcement one lot size 1600 shares, one share price range is ₹76 to ₹80 per equity share, every share face value is ₹10.
Brace Port Logistics IPO All Details
| Company Name | Brace Port Logistics Limited |
| Issue Type | 100% book-built issue |
| Fresh Issue Size | 30,51,200 Equity Shares Valued at 24.41 Crores |
| Offer For Sale ( OFS ) | NO |
| Total Issue Size | 30.51 Lakhs Equity shares value (24.41 Crores ) |
| Face Value | ₹10 |
| One Lot Size | 1600 Shares |
| Price Range | ₹76/- to ₹80/- per share |
| Listing Platform | NSE SME |
| Book Running Lead Manager | Holani Consultants Private Limited |
| Name of the Registrar | Link Intime India Private Limited |
| Market Maker | Holani Consultants Private Limited |
| Sponsor Bank | HDFC Bank Limited |
| IPO RHP | Check Here |
| DRHP | Check Here |
Read More: Interarch Building Products IPO
Brace Port Logistics IPO Investors Investment Required
| Investor Types | Minimum Investment | Maximum Investment |
| Retail Investors | 1 Lot 1600 Shares ₹128,000 | 1 Lot 1600 Shares ₹128,000 |
| Non-Institutional Investors ( NII ) | 2 Lots 3200 Shares ₹256,000 | – |
| QIB Investors | 2 Lots 3200 Shares ₹256,000 | – |
Brace Port Logistics IPO Date & Time Details Check
| EVENTS | DATE & TIME |
|---|---|
| Issue Period | 19/08/2024 to 21/08/2024 |
| IPO Open | August 19, 2024, Monday |
| IPO Close | August 21, 2024, Wednesday |
| Bidding Time | 10.00 A.M to 5.00 P.M |
| Share Allotment Status | August 22, 2024, Thursday |
| Initiation of Refunds | August 23, 2024, Friday |
| Share Credit of Demat Accounts | August 23, 2024, Friday |
| Share List on NSE, SME | August 26, 2024, Monday |
| Cut-off Time for UPI Mandate Confirmation | 21 August 2024 at 5.00 P.M |
| Mode of Bid | ASBA process only |
Brace Port Logistics IPO Category Wise Reservation
| Category | Total Limit ( % ) | Shares Reservation |
| Retail Investors | Not Less than 35% of the net Issue. | Not less than 12,00,000 Equity Shares. |
| Non-Institutional Investors ( NII ) | Not Less than 15% of the net issue. | Not less than 8,00,000 Equity Shares. |
| QIB Investors | Not More than 50% of the net issue. | Not more than 8,96,000 Equity Shares. |
Brace Port Logistics IPO GMP Today
Brace Port Logistics IPO GMP Today 16/08/2024 running ₹72 rupees. According to the RHP file, the company declared one share issue price highest ₹80 per share, meaning share trade 90% premium on the grey market. This GMP rate changes time by time, please for the latest Brace Port Logistics IPO GMP Live Update Check Here.
Brace Port Logistics IPO Limited Business Details
Brace Port Logistics Limited is a logistics sector company. This company mainly offers ocean cargo logistics services. The company provides the entire worldwide cargo service and the other services offered by the company are services like Air Freight, Warehousing facilities, special cargo services, and custom clearance services.
Brace Port Logistics Ltd Financial Performance
| Particulars | 31 March, 2024 | 31 March, 2023 | 31 March 2022 |
| Sales/Revenue | 5,524.59 | 7,093.66 | 5,419.57 |
| Total Expenses | 4,863.47 | 6,258.57 | 4,988.00 |
| Net Profit | 489.13 | 618.09 | 322.39 |
| Cash & Cash Equivalents | 187.88 | 418.31 | 262.57 |
| Total Assets | 2,783.29 | 1,310.78 | 1,179.14 |
| Reserves and Surplus | 552.18 | 813.05 | 344.96 |
| Total Borrowing | 48.97 | 59.10 | – |
| Net Worth | 1,377.18 | 888.05 | 419.96 |
| Share Capital | 825.00 | 75.00 | 75.00 |
| EPS in Rupees | ₹5.93 | ₹7.49 | ₹3.91 |
| Net asset value ( NAV ) in Rupees | ₹16.69 | ₹10.76 | ₹5.09 |
Brace Port Logistics Ltd Fundamental Other Key Details
| Particulars | 31 March, 2024 | 31 March, 2023 | 31 March 2022 |
| ROE% | 43.19% | 94.51% | 124.59% |
| ROCE% | 47.05% | 89.16% | 103.15% |
| Debt to Equity Ratio% | 0.04% | 0.07% | – |
| PAT Margin% | 8.89% | 8.77% | 5.95% |
| Inventory Turnover Ratio% | – | – | – |
| EBITDA Margin% | 12.34% | 11.27% | 7.94% |
| RONW | 35.52% | 69.60% | 76.77% |
Brace Port Logistics Limited Management & Promoters
| Name | Designation |
| Yash Pal Sharma | Chairman and Non-Executive Director & Promoter |
| Sachin Arora | Managing Director & Promoter |
| Rishi Trehan | Whole Time Director & Promoter |
| Tarun Sharma | Non-Executive Director & Promoter |
| Himanshu Chhabra | Non-Executive Director |
| Rohit Sehgal | Non-Executive Director |
| Deepak Sonthaliya | Independent Director |
| Gunjan Kayastha Agarwal | Independent Director |
| Megha Aggarwal | Independent Director |
Brace Port Logistics Ltd Share Holding Pattern Pre-Issue
| Promoters | Share Holding% |
| Skyways Air Services Private Limited | 69.98% |
| Sachin Arora | 21.00% |
| Rishi Trehan | 3.00% |
| Yash Pal Sharma | 1.03% |
| Tarun Sharma | 1.03% |
| TOTAL | 96.04% |
Check IPO Allotment Status From Issue Registrar
| Registrar | Link Intime India Private Limited |
| Address: | C-101, 247 Park, 1st Floor L.B.S. Marg, Vikhroli West Mumbai 400 083 Maharashtra, India |
| Tel. Number: | +91 22 49186200 |
| E-mail: | [email protected] |
| Website: | linkintime.co.in/initial_offer/public-issues.html |
Brace Port Logistics Ltd Office Address & Contact Details
| Address: | A-182, Mahipalpur Extension, 5, Road No 4, South Delhi, Mahipalpur, New Delhi -110037 |
| Tel No: | 011 – 41729003 |
| Email Id: | [email protected] |
| Website: | www.braceport-logistics.com |
FAQ
What Is The Brace Port Logistics IPO Open Date?
Brace Port Logistics IPO opens on Monday, August 19, 2024.
What Is The Brace Port Logistics IPO Close Date?
Brace Port Logistics IPO closes on Wednesday, August 21, 2024.
What Is The Brace Port Logistics IPO Listing Date?
Brace Port Logistics IPO list NSE SME on Monday, August 26, 2024.
What Is The Brace Port Logistics IPO?
Brace Port Logistics IPO is a 100% book-built issue IPO. Issue type fresh share issue 30.51 Lakhs Equity shares value (24.41 Crores ). According to RHP IPO opened on 19/08/2024, and closed on 21/08/2024. The company declared one share price range of ₹76 to ₹80 per equity share, the face value of each share ₹10. One lot size 1600 shares.
