Hello my fellow finance enthusiasts, there is a huge investment opportunity opening up in the near future. Yes, you heard absolutely right. The S J Logistics IPO is going to open soon. So I will give you complete information about S J Logistics IPO here on IPO India.
In this article, I will inform you about S J Logistics IPO Date, Price, GMP, Review, and Best 3 IPOs to Invest in. So without wasting any more time let’s start.
About S J Logistics Limited
S J Logistics Limited started in December 2003. S J Logistics limited help with moving things from one to another place. They handle sending goods, making sure they pass through customs, and taking care of transportation.
In the year 2023, S J Logistics Limited worked with 3,100 shipping documents to send things to different countries like Africa, South America, Australia, Europe, the Gulf, Southeast Asia, Russia, and the United States. S J Logistics also established cooperative agreements with partners in Ecuador, Brazil, Chile, Peru, the United States, Paraguay, Bolivia, Hong Kong, China, Taiwan, Vietnam, and others for logistics and freight forwarding. The company has two smaller companies: SJA Logisol India Private Limited (SJALIPL) and S. J. L. Group (Singapore) Pte. Ltd.
S J Logistics IPO GMP
| Exp. Premium (GMP) | ₹50 per Share |
About S J Logistics IPO
Here is some information about S J Logistics IPO which will help you in deciding to invest in S J Logistics IPO. It appears to be a book-built offer with a total value of Rs ₹[_] crore, including [_] share offer for sale in full.
Summary of the key details
- Issue Size: Rs 48.00 crores
- Offer for Sale: 3,840,000 shares
- Subscription Period: December 12, 2023 to December 14, 2023
- Allotment Date: December 15, 2023
- Listing Date: December 19, 2023
Price Range of S J Logistics IPO
- ₹121 to ₹125 per share
Lot Size of S J Logistics IPO
- Minimum Lot: 1000 Shares.
- Minimum Investment for Retail Investors: ₹125,000
Minimum Lot Size Investments for S J Logistics IPO
- HNI: 2 lots (2,000 shares), amounting to ₹250,000.
This information provides potential investors with the details they need to participate in the S J Logistics IPO. It is important to note that investing in IPOs carries risks, and individuals should do their own research or consult financial professionals before making investment decisions.
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S J Logistics IPO DetILA
| Open Date | December 12, 2023 |
| Close Date | December 14, 2023 |
| Allotment Date | December 15, 2023 |
| Listing Date | December 19, 2023 |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹121-125 Per Equity Share |
| Issue Size | 3,840,000 shares (aggregating up to ₹48.00 Cr) |
| Market Lot (Min. Amount) | 1000 Shares |
| Listing at Group(s) | NSE SME |
| Lead Manager | |
| Register | |
| Retail Portion | -% |
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Valuations of S J Logistics IPO
| Earnings Per Share (EPS) | ₹8.84 |
| P/E Ratio | 14.14 |
| RoNW | 24.41% |
| Net Asset Value (NAV) -as of 06.12.23 | ₹N/A |
S J Logistics Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves & Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 2023 | 10,541.07 | 10,332.56 | 931.07 | 5,640.93 | 4,576.62 | 2,952.40 |
| 31 Mar 2023 | 8,104.32 | 13,500.99 | 761.56 | 3,120.32 | 2,825.15 | 3,356.00 |
| 31 Mar 2022 | 5,062.51 | 10,395.18 | 172.99 | 1,342.14 | ||
| 31 Mar 2021 | 5,013.55 | 12,402.88 | 82.99 | 1,169.15 |
Promoter(s)
| Pre Issue Share Holding | 67.55% |
| Post Issue Share Holding | 49.64% |
Company Promotor(s):-
- Rajen Hasmukhlal Shah
If you are new to the investment section and want to know how to invest in IPOs, you can read our article “How to Invest in IPOs?“.
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 14.14 |
| ROE | 24.41% |
| ROCE | 18.58% |
| Debt/Equity | 1.08 |
| EPS (Rs) | 8.84 |
| RoNW | 24.41% |
Issue Objective(s)
- General Corporate Purpose
- Repayment, in whole or part, of certain borrowings availed by the company.
- To meet working capital requirements.
S J Logistics IPO Registrar
| Name | Maashitla Securities Private Limited |
| Phone | +91 11 45121795-96 |
| mukul@maashitla.com | |
| Website | https://maashitla.com/allotment-status/public-issues |
S J Logistics IPO Review
S J Logistics helps with managing goods and moving. Sometimes, its income varied over time, but it started making more profit from the financial year 2023. Looking at the expected earnings for the whole of the financial year 2024, it seems like a fair deal. People who know a lot about investing might want to invest money for good rewards in a long time.
As per the information in the offer document, S J Logistics company mentioned some other companies like Cargotrans Maritime, Patel Integrated, Tiger Logistics, and Total Transport as similar to them. These companies are currently valued at P/E ratios of 15.68, 22.07, 37.11, and 23.36 (as of 7th December 2023). However, it’s important to note that comparing them directly may not be entirely fair or accurate.
Conclusion
In conclusion, S J Logistics IPO for investors Rs. 48.00 crore represents a significant opportunity to engage in a book-building issue. The offer, comprising a full offer of 3,840,000 shares for sale, is open for subscription from 12 December 2023 to 14 December 2023. With the allotment expected on 15 December 2023 and a tentative listing date of 19 December 2023, the IPO has generated considerable interest on both BSE and NSE.
Investors can participate in a price band of ₹121 to ₹125 per share with a minimum lot size of 1000 shares and retail investors have a minimum investment of ₹1,21,000. You can apply with a high net worth individual between 2,00,000 to 5,00,000.
As always, prospective investors are advised to do thorough research or seek guidance from financial advisors before making investment decisions, recognizing the inherent risks associated with IPO investments. S J Logistics IPO is an interesting opportunity in the market, which allows investors to be a part of the company’s growth journey.
S J Logistics IPO FAQs
What is the issue size of S J Logistics IPO?
The issue size of the S J Logistics IPO is 48 cr. INR.
What is pre-apply for S J Logistics IPO?
Pre-apply will allow you to apply for the S J Logistics IPO 2 days before the subscription period starts.
What are the allotment dates for the S J Logistics IPO?
S J Logistics IPO allotment date is 15 December 2023. If you want to check your IPO allotment status, you can visit the website of the registrar of the IPO.
Who is the registrar of S J Logistics IPO?
Maashitla Securities Private Limited is the registrar of S J Logistics IPO. If you want to check your IPO allotment status, you can visit the website of the registrar of the IPO.