Brace Port Logistics Ltd IPO
Price Range
₹76 - ₹80
-
Min. Quantity
1,600 Shares
Closes on
21 August 2024
-
Min. investment
₹1,28,000
Brace Port Logistics Ltd IPO Timeline
| Event | Date |
|---|---|
| Brace Port Logistics Ltd IPO Opening Date | 19 August 2024 |
| Brace Port Logistics Ltd IPO Closing Date | 21 August 2024 |
| Basis of Allotment | 22 August 2024 |
| Initiation of Refunds | 23 August 2024 |
| Credit of Shares to Demat | 23 August 2024 |
| Brace Port Logistics Ltd IPO Listing Date | 26 August 2024 |
Brace Port Logistics Ltd IPO Details
| Brace Port Logistics Ltd IPO Date | 19 August 2024 to 21 August 2024 |
| Brace Port Logistics Ltd IPO Face Value | ₹10 per share |
| Brace Port Logistics Ltd IPO Price | ₹76 to ₹80 per share |
| Brace Port Logistics Ltd IPO Lot Size | 1,600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹24.41 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹24.41 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Yash Pal Sharma, Tarun Sharma, Sachin Arora |
Brace Port Logistics Ltd IPO Lot Size
The Brace Port Logistics Ltd IPO lot size is 1,600 shares. A retail-individual investor can apply for up to 1 lots (1,600 shares or ₹1,28,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,600 | ₹1,28,000 |
| Maximum | 1 | 1,600 | ₹1,28,000 |
- Strengths
- Risks
- Opportunities
- Accomplished Leadership Team and qualified workforce.
- Long Lasting Business Relationships.
- PAN India and Global Reach.
- Comprehensive Solutions for Transportation requirements.
- Diverse customer base across many sectors.
- Technology integrated services.
- Quality of Services.
- Supplier Relationship.
Company Financials
Brace Port Logistics Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 27.83 | 55.25 | 4.89 |
| 03-2023 | 13.11 | 70.94 | 6.18 |
| 03-2022 | 11.79 | 54.2 | 3.22 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding the working capital requirement of the company
- General corporate purposes
Brace Port Logistics Ltd IPO Promoter Holding
| Pre Issue Share Holding | 1.03% |
| Post Issue Share Holding | 0.75% |
Brace Port Logistics Ltd IPO Subscription Status (Bidding Detail)
The Brace Port Logistics Ltd IPO is subscribed 617.2527 times on 21 August 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 617.2527 |
Brace Port Logistics Ltd IPO Prospectus
Brace Port Logistics Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | NSE - SME |
| ISIN | INE0R4Z01018 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
A-182 Mahipalpur Extension 5Road No 4 South Delhi,Mahipalpur-110037
Phone: 011-4172 9003
Email: info@braceport-logistics.com
Website: www.braceport-logistics.com
Brace Port Logistics Ltd IPO Registrar
Brace Port Logistics Ltd IPO Lead Manager(s)
- Holani Consultants Pvt Ltd
How to Check the Allotment Status of Brace Port Logistics Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Brace Port Logistics Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Brace Port Logistics Ltd IPO
Brace Port Logistics Ltd was incorporated as a Private Limited pursuant to a Certificate of Incorporation dated November 07, 2020 issued by the Central Registration Centre, Manesar. Subsequently, Company was converted into a Public Limited and the name of the Company changed to 'Brace Port Logistics Limited'. A Fresh Certificate of Incorporation upon conversion from Private Limited to Public Limited was issued in Delhi on August 07, 2023.
FAQ
What is the issue size of Brace Port Logistics Ltd IPO?
I have pre-applied for Brace Port Logistics Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.