What you must know about S J Logistics IPO?
by 5paisa Research Team
06 Dec 2023
Listing Details
- Listing Exchange NSE SME
- Listing Date 19-Dec-23
- IPO Price Range ₹ 121 to ₹ 125
- Listing Price ₹ 175
- Listing Change 40.0%
- Last Traded Price ₹ 431
- Current Change 244.8%
S J Logistics IPO Details
- Open Date 12-Dec-23
- Close Date 14-Dec-23
- Lot Size 1000
- IPO Size ₹ 48.00 Cr
- IPO Price Range ₹ 121 to ₹ 125
- Min Investment ₹ 121000
- Listing Exchange NSE SME
- Basis of Allotment 15-Dec-23
- Refunds 18-Dec-23
- Credit to Demat Account 18-Dec-23
- Listing Date 19-Dec-23
S J Logistics (India) IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 12-Dec-23 | 4.08 | 22.02 | 37.08 | 24.42 |
| 13-Dec-23 | 4.71 | 49.54 | 101.26 | 62.58 |
| 14-Dec-23 | 116.16 | 489.21 | 356.15 | 316.12 |
S J Logistics IPO Synopsis
S J Logistics Limited IPO is all set to open from 12th December to 14th December 2023. The company is involved in the business of logistics and supply chain. The IPO includes a fresh issue of 3,840,000 shares worth ₹48 cr. The share allotment date is 15th December, and the IPO will be listed on 19th December on the stock exchanges. The price is ₹121 to ₹125 per share and the lot size is 1000 shares.
Hem Securities Limited is the book-running lead manager for this IPO, while Maashitla Securities Private Limited is the registrar.
Objectives of S J Logistics IPO:
S J Logistics Limited plans to utilize the raised capital from the IPO to:
● To fund working capital requirements.
● To prepay or repay borrowings in full or partial obtained by the company.
● General corporate purposes.
About S J Logistics (India)
Incorporated in 2003, S J Logistics Limited is involved in the business of logistics and supply chain. The company offers services related to freight forwarding, customs clearance and transportation handling services. It is registered as a Multimodal Transport Operator under the Multimodal Transportation of Goods Act 1993.
S J Logistics also operated in the cargo segment. The company offers its services in the global logistics market via air, sea and surface, as modes of transportation.
As of FY 2023, S J Logistics has billed 3100++ invoices for African countries, South American countries, Australia, Bangladesh, European countries, Gulf countries, Southeast Asian countries, Russia, USA, etc.
Peer Comparison
● Cargotrans Maritime Limited
● Patel Integrated Logistics Limited
● Tiger Logistics (India) Limited
● Total Transport Systems Limited
For More Information:
S J Logistics IPO GMP
Webstory on S J Logistics IPO
S J Logistics (India) Financial Status
Profit and Loss
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 134.31 | 103.62 | 123.92 |
| EBITDA | 11.72 | 3.63 | 3.44 |
| PAT | 7.62 | 1.88 | 0.86 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Total Assets | 81.04 | 50.27 | 49.41 |
| Share Capital | 2.95 | 2.22 | 2.22 |
| Total Borrowings | 49.84 | 34.91 | 35.93 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Net cash generated from / (used in) operating activities | -5.83 | 3.36 | -0.545 |
| Net cash from / (used in) investing activities | -5.45 | -0.035 | -0.29 |
| Net cash flow from / (used in) financing activities | 12.08 | -3.24 | 0.84 |
| Net increase (decrease) in cash and cash equivalents | 0.79 | 0.080 | 0.0056 |
S J Logistics IPO Key Points
-
Strengths
1. The company has an established relationship with liners and shipping companies which helps it provide ocean freight forwarding solutions.
2. It also offers air freight services for both export and import in addition to cargo.
3. It has a long-standing business and track record.
4. It has a strong customer base and offers a diverse range of logistics services and solutions.
5. It also has an existing agency network and arrangements.
-
Risks
1. The company is heavily dependent on third-party service providers and suppliers for logistics operations.
2. It is prone to risks relating to fluctuations in currency exchange rates.
3. The company is exposed to the risk of delays or non-payment.
4. Negative cash flow was reported in the past.
5. There is a risk of Unexpected Cost overruns and loss.
6. It has reported losses in the past.
7. There is significant competition in the industry.
S J Logistics
How to apply for IPO?
-
Login to your 5paisa account and select the issue in the
current IPO section -
Enter the number of lots and price at which you wish to
apply for -
Enter your UPI ID and click on submit. With this, your
bid will be placed with the exchange -
You will receive a mandate notification to block funds in
your UPI app -
Approve the mandate request on your UPI and funds
will be blocked
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S J Logistics IPO FAQs
What is the minimum lot size and investment required for the S J Logistics IPO?
The minimum lot size of S J Logistics IPO is 1000 shares and the investment required is ₹1,21,000.
What is the price band of S J Logistics IPO?
The price for S J Logistics IPO is ₹121 to ₹125 per share.
When does the S J Logistics IPO opens and closes?
S J Logistics IPO opens from 12th December to 14th December 2023.
What is the size of the S J Logistics IPO?
The size of S J Logistics IPO is ₹48 cr.
What is the allotment date of the S J Logistics IPO?
The share allotment date of S J Logistics IPO is 15th December 2023.
What is the S J Logistics IPO listing date?
The S J Logistics IPO will be listed on 19th December 2023.
Who are the book runners for the S J Logistics PO?
Hem Securities Limited is the book-running lead manager for S J Logistics IPO.
What is the objective of the S J Logistics IPO?
S J Logistics Limited plans to utilize the raised capital from the IPO to:
1. To fund working capital requirements.
2. To prepay or repay borrowings in full or partial obtained by the company.
3. General corporate purposes.
How to apply for the S J Logistics IPO?
To apply for S J Logistics IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the S J Logistics IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
● You will receive a mandate notification to block funds in your UPI app.
Contact Details of S J Logistics (India) IPO
Contact Information
S J Logistics (India) Limited
901/902/903, Centrum
Opposite Raila Devi Lake,
Wagle Estate, Thane (West)-400604,
Phone: +91 022 61982800
Email: cs@sjagroup.co.in
Website: https://www.sjlogistics.co.in/
S J Logistics (India) IPO Register
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: mukul@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
S J Logistics (India) IPO Lead Manager
Hem Securities Limited
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