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Allotment
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Listing
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Issue Size
[.] shares (agg. up to ₹2,600 Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 2,090.44 | 2,324.81 | 2,045.85 |
| Total Income | 2,652.89 | 2,575.53 | 2,120.90 |
| Profit After Tax | -248.51 | -359.85 | -46.33 |
| NET Worth | 267.86 | 487.42 | 883.16 |
| Reserves and Surplus | 265.31 | 484.87 | 880.62 |
| Total Borrowing | 824.20 | 803.68 | 339.58 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shadowfax Technologies Ltd. | Mainboard | ₹1,907.27 Cr | ₹124 | 1017.96 | ₹109.98 | -11.31% | ₹214.48 (-1.92%) |
| Om Freight Forwarders Ltd. | Mainboard | ₹122.31 Cr | ₹135 | 19.56 | ₹85.57 | -36.61% | ₹92.98 (+1.09%) |
| Glottis Ltd. | Mainboard | ₹307.00 Cr | ₹129 | 18.38 | ₹83.70 | -35.12% | ₹66.73 (-0.27%) |
| Sampark India Logistics Ltd. | SME | ₹27.22 Cr | ₹84 | 8.65 | ₹93.45 | +11.25% | ₹92.83 (+3.14%) |
| Global Ocean Logistics India Ltd. | SME | ₹30.41 Cr | ₹78 | 12.07 | ₹79.29 | +1.65% | ₹132.10 (-4.96%) |
| Neptune Logitek Ltd. | SME | ₹46.62 Cr | ₹126 | 13.76 | ₹95.80 | -23.97% | ₹36.50 (+0.00%) |
| Shipwaves Online Ltd. | SME | ₹56.35 Cr | ₹12 | 9.3 | ₹11.40 | -5.00% | ₹3.28 (+3.80%) |
| Jayesh Logistics Ltd. | SME | ₹28.63 Cr | ₹122 | 10.75 | ₹117.80 | -3.44% | ₹129.00 (-1.30%) |
| Sunsky Logistics Ltd. | SME | ₹16.84 Cr | ₹46 | 15.6 | ₹53.55 | +16.41% | ₹39.93 (+1.09%) |
| Dhillon Freight Carrier Ltd. | SME | ₹10.08 Cr | ₹72 | 10.49 | ₹54.72 | -24.00% | ₹34.64 (-8.36%) |
| BLT Logistics Ltd. | SME | ₹9.72 Cr | ₹75 | 6.84 | ₹95.49 | +27.32% | ₹29.00 (+4.88%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital expenditure towards set-up of new processing centers with automation and new fulfilment centres. | 387.44 |
| 2 | Investment in computers and information technology equipment. | 73.71 |
| 3 | Investing in enhancement of technological and data science capabilities including cloud infrastructure. | 239.23 |
| 4 | Repayment/ prepayment, in full or in part, of certain borrowings availed of by the Company including payment of the interest accrued thereon. | 87.92 |
| 5 | General corporate purposes and unidentified inorganic acquisitions. |
About Ecom Express IPO
Ecom Express Limited is a B2C e-commerce logistics provider with a pan-India network for first-mile pick-up, mid-mile transportation, last-mile delivery, reverse logistics, and warehousing. The company offers logistics infrastructure and technology-driven solutions to connect digital retailers and e-commerce platforms with consumers across India. As of March 31, 2024, Ecom Express Limited served over 27,000 PIN codes, including Tier 2 and smaller regions. Its services include B2C express logistics, same-day delivery, reverse logistics for returns, heavy shipment handling, fulfilment solutions, quick commerce warehousing, and modular logistics for customized supply chain needs. The company operates 317 large facilities, including sorting hubs, processing centers, return centers, and fulfilment centers, along with 3,421 delivery centers, all under lease agreements. Its customer base includes horizontal e-commerce platforms, vertical and D2C platforms, social commerce marketplaces, and quick commerce businesses. The company's number of customers grew from 2,409 in 2022 to 6,384 in 2024.+ Read More
Contact Details
Ecom Express Ltd. AddressGround Floor, 13/16 min,17 min, Samalka, Old Delhi-Gurugram Road,Kapashera, New Delhi, IndiaDelhi, New Delhi, 110037+91 124 648 8888cs@ecomexpress.inVisit Website