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Open
24 Aug 2015
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Close
26 Aug 2015
3
Allotment
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Listing
Wed, Sep 9, 2015
Price Band
₹147 to ₹155
Issue Size
3,87,09,676 shares (agg. up to ₹600 Cr)
Lot Size
95 Shares
Listing Date
Wed, Sep 9, 2015
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.29x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| VRL Logistics Ltd. | Mainboard | ₹467.88 Cr | ₹205 | null | ₹294.10 | +43.46% | ₹231.96 (+0.37%) |
| Snowman Logistics Ltd. | Mainboard | ₹197.43 Cr | ₹47 | null | ₹79.80 | +69.79% | ₹37.51 (+0.32%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Cap acity enhancement of the Somathane CFS | 114.53 |
| 2 | Develop ment of the non-notified areas of our CFSs | 54.25 |
| 3 | Establishment of a logistics park at Valsad (near Vap i) | 314.56 |
About Navkar IPO
Navkar Corporation Limited is CFS operator in India with three CFSs, Ajivali CFS I and Ajivali CFS II at Ajivali and Somathane CFS at Somathane, which are strategically located in Panvel, Maharashtra.Container freight stations (CFSs) and inland container depots (ICDs) are common user facilities with public authority status equipped with fixed installations.As of December 31, 2014, our CFSs had an aggregate installed handling capacity of 310,000 TEUs per annum on the basis of our then current infrastructure and operating equipment.Company have a private railway freight terminal (PFT) which allows us to load and unload cargo from container trains operating between our Somathane CFS and the JN Port and to transport domestic cargo to and from inland destinations on the Indian rail netwrk. As of December 31, 2014, we also own and operate 461 trailers for the transportation of cargo between our CFSs and the JN Port by road.+ Read More
Contact Details
Navkar Corp.Ltd. Address205-206, J.K.ChambersSector 17, VashiNavi Mumbai, Maharashtra, 400705+91 22 2766 8223cs@navkarcfs.comVisit Website