IPO

Brace Port Logistics Ltd. IPO

Brace Port Logistics Ltd., established in 2020, operates in the Logistics - Warehousing/Supply Chain/Others sector. The company's IPO opened on August 19, 2024 and closed on August 21, 2024, with an ... Read more

Min Investment
₹ 1,28,000 / 1600 shares
Price Range
₹76 - ₹ 80
Bidding Dates
19 Aug '24 - 21 Aug '24
Total Issue Value
24.41 Cr
Lot Size
1,600
Total Issue Size
24.41 Cr
Listing At
NSE SME
Subscription
657.76 times
NSE Price
99.25 (24.06%)

IPO Timeline

  • 19 Aug 2024
    Bidding Starts
  • 21 Aug 2024
    Bidding Ends
  • 22 Aug 2024
    Allotment Finalization
  • 26 Aug 2024
    Listing

About Brace Port Logistics Ltd.

Our Company is a service-based logistics company primarily engaged in the business of providing Ocean cargo logistics services to our clients operating in the various sectors of the economy. We also provide various value-added services like Air Freight, Warehousing facilities, special cargo ... Read more

Parent organisation
Founded
Brace Port Logistics Ltd.
2020

Brace Port Logistics Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 5,37,600 (17.62%)
Market Makers 1,55,200 (5.09%)
Non Institutional Investors 8,00,000 (26.22%)
Qualified Institutional Buyers (QIBs) 3,58,400 (11.75%)
Retail Individual Investors (RIIs) 12,00,000 (39.33%)

Brace Port Logistics Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 55.25 Cr 4.89 Cr 5.52 Cr
31 Mar 2023 70.94 Cr 6.18 Cr 8.13 Cr
31 Mar 2022 54.20 Cr 3.22 Cr 3.45 Cr

Brace Port Logistics Ltd. Background

Our Company was originally incorporated as “Brace Port Logistics Private Limited” at New Delhi as a private limited company under the Companies Act, 2013, having Corporate Identification Number (CIN) U63030DL2020PTC372878, pursuant to a certificate of incorporation dated November 07, ...

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Major Events And Milestones
  • 2020
    Incorporated under the Companies Act, 2013 as a private limited company.
    Commenced freight forwarding operations in Delhi, including both, Ocean Freight (LCL/FCL) and Air Freight
  • 2021
    Imported Air Charters from Germany, China and Italy to India carrying Oxygen concentrators, Oxygen cylinders and plants.
  • 2022
    Provided service of RO-RO Vessel movement carrying vehicles Ford SUV Cars from Shanghai, China to Laem Cha Bang, Thailand.
  • 2023
    Opened office in new location- Jaipur
    Opened offices in new locations -Mumbai and Chennai
    Conversion of our Company from Private Limited to Public Limited.
Brace Port Logistics Ltd. Object of Issues

1. Working Capital Requirements
2. General corporate purposes

Brace Port Logistics Ltd. IPO Listing Details
Listing Date
26 Aug 2024
NSE Symbol
BRACEPORT
ISIN
INE0R4Z01018
Final Issue Price
₹ 80
Brace Port Logistics Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 80.00
Open - ₹ 152.00
Low - ₹ 152.00
High - ₹ 159.60
Last Trade - ₹ 159.60
Brace Port Logistics Ltd. Company Promoters

1. M/s Skyways Air Services Private Limited
2. Mr. Yash Pal Sharma
3. Mr. Tarun Sharma
4. Mr. Sachin Arora
5. Mr. Rishi Trehan

Industry Overview

The logistics industry is essential for the economy of a country. It pertains to the general method of controlling how resources are obtained, housed and delivered to their ultimate location. It is a differentiating sector that can largely affect any country’s exports, thereby adding a ... Read more

Brace Port Logistics Ltd. IPO Registrar
Link intime India Pvt. Ltd.
C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai Maharashtra - 400083
49186200
Brace Port Logistics Ltd. IPO Lead Manager(s)
Holani Consultants Private Limited
No. 401-405 & 416-418, 4th Floor, Soni Paris Point, Jai Singh Highway, Bani Park, Jaipur Rajasthan - 302016
2203996

FAQs

When does Brace Port Logistics Ltd. IPO opens and closes?

Brace Port Logistics Ltd. IPO opens from 19th August to 21st August 2024.

What is the size of Brace Port Logistics Ltd. IPO?

The size of the Brace Port Logistics Ltd. IPO is ₹24.41 Cr.

What is the price range of Brace Port Logistics Ltd. IPO?

The price range of Brace Port Logistics Ltd. IPO is at ₹76 to ₹80 per share.

What is the minimum investment and lot size required for the Brace Port Logistics Ltd. IPO?

The minimum investment required is ₹1,28,000 and minimum lot size is 1600 shares.

When is Brace Port Logistics Ltd. IPO listing date?

The Brace Port Logistics Ltd. IPO will be listed on 26th August 2024.

What is the objective of Brace Port Logistics Ltd. IPO?

1. Working Capital Requirements
2. General corporate purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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