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Open
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Close
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Allotment
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Listing
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Price Band
₹40 per share
Issue Size
27,00,000 shares (agg. up to ₹11 Cr)
Lot Size
3,000 Shares
Listing Date
[.]
✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 29.39 | 33.38 | 47.94 | 34.60 |
| Total Income | 50.58 | 178.64 | 125.38 | 246.21 |
| Profit After Tax | 0.69 | 5.57 | 1.32 | 2.97 |
| NET Worth | 13.39 | 12.69 | 7.16 | 6.19 |
| Reserves and Surplus | 5.87 | 12.37 | 6.83 | 5.86 |
| Total Borrowing | 3.30 | 7.37 | 10.12 | 13.92 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| 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%) |
| 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%) |
About Turtle Infratrade IPO
Incorporated in 2010, Turtle Infratrade Limited is engaged in the business of transportation and logistics services to the energy industry. The company provides services to the energy industry, specializing in the transportation of goods for refinery operations, ensuring efficient and reliable movement of materials for production processes. The company operates a fleet of 80 vehicles, ensuring the safe, timely delivery of ethanol, bitumen, and other refinery materials, supporting smooth operations and meeting large-scale transportation needs. The company procures and distributes commodities like sugar, ethanol, and bulk bitumen, sourcing from mills in Maharashtra or imports, and supplies these products to various B2B clients. The company’s B2B model efficiently handles large-scale distribution of sugar, ethanol, and bitumen, offering cost-effective pricing, reliable logistics, and timely deliveries, building trust with clients across various industries. Services: Fleet Management: The company operates a fleet of 80 commercial vehicles, including tankers and trucks for transporting ethanol, bitumen, and refinery materials, ensuring optimal condition through regular maintenance and s
Contact Details
Turtle Infratrade Ltd. AddressMetropolitan Condominium, Plot No. 27,2nd Floor, Sr. No. 21, Hissa 4/1, Wakdewadi,Old Mumbai Pune Road, Shivajinagar,Mumbai, Maharashtra, 411005+91 20 2581 4181info@turtleinfra.comVisit Website