GConnect Logitech and Supply Chain Limited IPO
₹40
3000
57.38
| Open Date: | 26-Mar-2024 |
| Close Date: | 28-Mar-2024 |
| Allotment Date: | 01-Apr-2024 |
| Listing Date: | 03-Apr-2024 |
| Listing Price: | N/A |
| Face Value: | ₹10 Per Equity Share |
| Issue Price: | ₹40 Per Equity Share |
| Issue Size: | Total Issue Size 1,401,000 shares (aggregating up to ₹5.60 Cr) : Fresh Issue 1,401,000 shares (aggregating up to ₹5.60 Cr) |
| Market Lot (Min Amount): | Retail - ₹120,000 : HNI - ₹240,000 |
As on | Others | Rll | Total |
|---|---|---|---|
| Shares Offered/Reserved | 663,000 | 663,000 | 1,326,000 |
| Day 1 - 26-03-24 05:00 PM | 0.52x | 4.89x | 2.70x |
| Day 2 - 27-03-24 05:00 PM | 2.05x | 15.22x | 8.64x |
| Day 3 - 28-03-24 05:00 PM | 42.90x | 71.74x | 57.38x |
| Total No. of Application: | 2,826,431 (Approx.) | ||
| Retail Subscription on the basis of Apps: | 23.99x | ||
| Earning Per Share(EPS) | ₹26.64/- |
| P/E Ratio | 1.5 |
| RoNW | 5.73% |
| Net Asset Value (NAV) - Post Issue: | ₹44.51/- |
| Total Assets | Total Revenue | Profit After Tax | |
|---|---|---|---|
| 30 Sep,2023 | 423.25 | 212.57 | 22.83 |
| 31 Mar,2023 | 82.46 | 101.03 | 10.86 |
| Pre Issue Share Holding | 76.76% |
| Post Issue Share Holding | 47.85% |
| 1. Mr. Jigar Vinodbhai Sheth |
| 2. Mr. Vinod Venilal Sheth |
The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- Purchase of Vehicles and Body Building;
- Finance the Website Development and App Designing; and
- General Corporate Purpose.
Incorporated in July 2022, Gconnect Logitech and Supply Chain Limited provides surface logistics services, including goods transport.
The company's service offerings include bulk loads, Full Truck Loads (FTL) service, and dedicated loads.
The company has an asset-light model and works with third parties to provide necessary assets, such as vehicles.
As of September 30, 2023, the company serves approximately 24 customers, with over 8 customers having been associated with them for more than 4 years.
As of Oct. 30, 2023, the company had partnered with 4 fleet management firms and had 23 vehicles of various sizes to meet customer needs.
As of March 2024, the company has a total of 6 employees in various departments.
No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.
If you are agree with app tems and condition to use the app.
Thank you.