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Open
19 Aug 2024
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Close
21 Aug 2024
3
Allotment
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Listing
Mon, Aug 26, 2024
Price Band
₹76 to ₹80
Issue Size
30,51,200 shares (agg. up to ₹24 Cr)
Lot Size
1,600 Shares
Listing Date
Mon, Aug 26, 2024
Latest GMP
₹116
Est. Gain
145%
✦ AI Insight
GMP Trend
26-08-2024₹116Est. ₹196+145%
25-08-2024₹116Est. ₹196+145%
24-08-2024₹115Est. ₹195+143.75%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 564.55x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 27.83 | 13.11 | 11.79 | 4.10 |
| Total Income | 55.25 | 70.94 | 54.20 | 7.06 |
| Profit After Tax | 4.89 | 6.18 | 3.22 | 0.23 |
| NET Worth | 13.77 | 8.88 | 4.20 | 0.98 |
| Reserves and Surplus | 5.52 | 8.13 | 3.45 | 0.23 |
| Total Borrowing | 0.49 | 0.59 | 0.66 | |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Afcom Holdings Ltd. | SME | ₹73.83 Cr | ₹108 | 14.33 | ₹215.45 | +99.49% | ₹1,389.15 (-1.68%) |
| Ashapura Logistics Ltd. | SME | ₹52.66 Cr | ₹144 | 11.54 | ₹175.75 | +22.05% | ₹53.75 (-3.15%) |
| Premier Roadlines Ltd. | SME | ₹40.36 Cr | ₹67 | 15.7 | ₹91.35 | +36.34% | ₹46.25 (+0.54%) |
| GConnect Logitech & Supply Chain Ltd. | SME | ₹5.60 Cr | ₹40 | 1.5 | ₹44.10 | +10.25% | ₹10.00 (+0.00%) |
| Sahara Maritime Ltd. | SME | ₹6.88 Cr | ₹81 | 15.03 | ₹81.16 | +0.20% | ₹22.00 (-2.22%) |
| S J Logistics (India) Ltd. | SME | ₹48.00 Cr | ₹125 | 14.14 | ₹183.75 | +47.00% | ₹336.65 (+1.25%) |
| Marinetrans India Ltd. | SME | ₹10.92 Cr | ₹26 | 14.53 | ₹31.00 | +19.23% | ₹14.15 (+4.81%) |
| Committed Cargo Care Ltd. | SME | ₹24.95 Cr | ₹77 | 10.94 | ₹86.10 | +11.82% | ₹330.00 (-2.37%) |
| Oneclick Logistics India Ltd. | SME | ₹9.91 Cr | ₹99 | 0.51 | ₹133.00 | +34.34% | ₹430.00 (+1.42%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of our Company | 16.10 |
| 2 | General corporate purposes | 4.49 |
About Brace Port Logistics IPO
Incorporated in November 2020, Brace Port Logistics Limited is a company that specializes in providing ocean cargo logistics services to clients across various sectors of the economy. The company also provides services such as Air Freight, Warehousing facilities, special cargo services such as handling cargo in foreign countries and delivery of the same in other foreign countries and customs clearance services. The company has a strong network that serves customers in various industries including medical supplies, pharmaceuticals, sports goods, perishables, electronics, consumer durables, and automotive, both in India and globally. The company provide services to countries such as Germany, Vietnam, UAE, Hongkong and Bangladesh. The company is certified for Quality Management Systems (ISO ISO 9001:2015), Environmental Management System (ISO 14001:2015), and Occupational Health and Safety Management System (ISO 45001:2015). On August 31, 2023, the company employed 20 people. They worked in departments such as Accounts & Finance, Compliance, Maintenance, Marketing & Logistics, Production & Operations, Quality, Top-Level Management, and Permanent Labor.+ Read More
Contact Details
Brace Port Logistics Ltd. AddressA-182, Mahipalpur Extension5, Road No 4MahipalpurNew Delhi, New Delhi, 110037011 - 41729003cs@braceport-logistics.comVisit Website