Cargosol Logistics IPO Date, GMP, Price, Review, Allotment – IPO Watch
Written by Lucky Wilson | KJMM.COM on September 24, 2022
Cargosol Logistics IPO date is fixed, The IPO will open on September 28 and will close on September 30, 2022. Cargosol Logistics is a BSE SME IPO to raise ₹7.56 crores via IPO. The Cargosol Logistics IPO price band is fixed at ₹28 with a market lot of 4000 shares.
Cargosol Logistics Limited is providing the one-stop total solution for all the logistic needs headquartered in Mumbai, India. They are a 3rd party logistic service provider and offer end-to-end logistics solutions to their clients. They also provide warehousing facilities to their customers.
The company has a strong global network to provide services like – sea and air freight, transportation, warehousing, and custom clearance services among other customized solutions. They also handle NVOCC facilities for the Indian Sub-continent, Middle East, Upper Gulf, South East Asia, and part of Europe. The services include multimodal transport operations (MTO), owning and operating containers, sea and air freight, transportation, warehousing, custom clearance services, and handling of project cargo. The industries they cater to are Chemicals, FMCG, Automobiles, Infra, Technology, Consumer Goods, Pharma, Power, Industrial, Defence, and Government.
Objects of the Issue:
- Purchase of vehicle for commercial purpose.
- Purchase of Containers for expansion of the Non Vessel Owning Common Carrier (NVOCC) division.
- To meet working capital requirements.
- General Corporate Purpose.
- To meet issue expenses.
Cargosol Logistics IPO Review
Date | GMP | Kostak | Subject to |
24 September | ₹- | ₹- | ₹- |
Cargosol Logistics IPO Date & Price Band Details
Cargosol Logistics IPO Open: | September 28, 2022 |
Cargosol Logistics IPO Close: | September 30, 2022 |
Cargosol Logistics IPO Size: | Approx ₹7.56 Crores, 2,700,000 Equity Shares |
Face Value: | ₹10 Per Equity Share |
Cargosol Logistics IPO Price Band: | ₹28 Per Equity Share |
Cargosol Logistics IPO Listing on: | BSE SME |
Retail Quota: | 50% of the net offer |
NII Quota: | 50% of the net offer |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Cargosol Logistics IPO Market Lot
The Cargosol Logistics IPO minimum market lot is 4000 shares with a ₹112,000 application amount.
Minimum IPO Lot Size: | Minimum 4000 shares for 1 lot |
Minimum Amount: | ₹112,000 for 1 lot |
Cargosol Logistics IPO Dates
The Cargosol Logistics IPO date is September 28 and the IPO close date is September 30. The IPO allotment date is October 6 and the IPO might list on October 11.
Cargosol Logistics IPO Open Date: | September 28, 2022 |
Cargosol Logistics IPO Close Date: | September 30, 2022 |
Basis of Allotment: | October 6, 2022 |
Refunds: | October 7, 2022 |
Credit to Demat Account: | October 10, 2022 |
Cargosol Logistics IPO Listing Date: | October 11, 2022 |
You can check Cargosol Logistics IPO subscription status and Cargosol Logistics IPO allotment status on their respective pages.
Cargosol Logistics IPO Form
How to apply Cargosol Logistics IPO? You can apply Cargosol Logistics IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Cargosol Logistics IPO in the Invest section. The other option you can apply Cargosol Logistics IPO via IPO forms download via the BSE website. Check out the Cargosol Logistics forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Cargosol Logistics Company Financial Report
₹ in Crores | |||
Revenue | Expense | PAT | |
2020 | ₹64.13 | ₹62.62 | ₹1.20 |
2021 | ₹103.60 | ₹101.22 | ₹1.76 |
2022 9M | ₹135.17 | ₹129.75 | ₹4.02 |
Cargosol Logistics IPO Valuation – FY2021
Check Cargosol Logistics IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Earning Per Share (EPS): | ₹2.62 per Equity Share |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 20.07% |
Net Asset Value (NAV): | ₹13.05 per Equity Share |
Peer Group
- Ritco Logistics Ltd
- Allcargo Logistics Ltd
- Mahindra Logistics Ltd
Company Promoters
- Mr. Roshan Kishanchand Rohira
- Mr. Samuel Janathan Muliyil
Cargosol Logistics IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/
Cargosol Logistics IPO Allotment Status
Check Cargosol Logistics IPO allotment status on Linkintime website URL. Click Here
Cargosol Logistics IPO Lead Managers
Company Address
Cargosol Logistics Limited
502, Swaroop Arcade,
Sahar Road, Andheri,
East, Mumbai – 400099
Phone: +91-022-66126000
Email: [email protected]
Website: https://cargosol.com/
Cargosol Logistics IPO FAQs
What is Cargosol Logistics IPO?
Cargosol Logistics IPO is a BSE SME IPO. They are going to raise ₹7.56 Crores via IPO. The issue is priced at ₹28 per equity share. The IPO is to be listed on BSE.
When Cargosol Logistics IPO will open?
The IPO is to open on September 28, 2022 for NII, and Retail Investors.
What is Cargosol Logistics IPO Investors Portion?
The investors’ portion for NII is 50%, and Retail is 50%.
How to Apply the Cargosol Logistics IPO?
You can apply Cargosol Logistics IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Cargosol Logistics IPO through Zerodha?
How to Apply the Cargosol Logistics IPO through Upstox?
How to Apply the Cargosol Logistics IPO through Paytm Money?
What is Cargosol Logistics IPO Size?
Cargosol Logistics IPO size is ₹7.56 crores.
What is Cargosol Logistics IPO Price Band?
Cargosol Logistics IPO Price Band is ₹28 per equity share.
What is Cargosol Logistics IPO Minimum and Maximum Lot Size?
The IPO bid is 4000 shares with ₹112,000.
What is Cargosol Logistics IPO Allotment Date?
Cargosol Logistics IPO allotment date is October 6, 2022.
What is Cargosol Logistics IPO Listing Date?
Cargosol Logistics IPO listing date is October 11, 2022. The IPO to list on BSE SME.
Note: The Cargosol Logistics IPO details are announced officially. The IPO grey market premium (Cargosol Logistics IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)
Follow correct success ipo for the upcoming IPO news and their reviews, also keep following us on Twitter, Facebook, and Instagram. For our latest videos, subscribe to our YouTube channel.
To know more about latest IPO gmp please visit correctsuccess.com