Committed Cargo Care Limited IPO

Price
₹77
Lot
1600
Subs.
87.78
Expected Listing Earning

Exp. Premium(GMP):
15.00(19.48%)
IPO Details

Open Date: 06-Oct-2023
Close Date: 10-Oct-2023
Allotment Date: 13-Oct-2023
Listing Date: 18-Oct-2023
Listing Price: ₹48.2/-
Face Value: ₹10 Per Equity Share
Issue Price: ₹77 Per Equity Share
Issue Size: Total Issue Size 3,244,000 shares (aggregating up to ₹24.98 Cr) : Fresh Issue 3,244,000 shares (aggregating up to ₹24.98 Cr)
Market Lot (Min Amount): Retail - ₹123,200 : HNI - ₹246,400
Subscription Details Updated at End of the Day

As on

QIB / Nll

Rll

Total

Shares Offered/Reserved1,537,6001,537,6003,075,200
Day 1 - 06-10-23 
05:00 PM
0.79x3.94x2.36x
Day 2 - 09-10-23 
05:00 PM
6.51x27.53x17.03x
Day 3 - 10-10-23 
05:00 PM
94.20x78.73x87.78x
Total No. of Application:75,664 (Approx.)
Retail Subscription on the basis of Apps:78.73x
Valuations

Earning Per Share(EPS)7.04/-
P/E Ratio10.94
RoNW18.48%
Net Asset Value (NAV) - Post Issue:₹N/A/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Mar,20234,015.1312,242.77533.17
31 Mar,20223,309.8414,612.17308.72
31 Mar,20213,035.6511,385.89232.20
Promoter(s)

Pre Issue Share Holding98.00%
Post Issue Share Holding68.63%
Company Promoter(s)
1. Mr. Rajeev Sharma
2. Mr. Nitin Bharal
3. Mr. Narendra Singh Bisht
4. Mr. Yashpal Arora
Issue Objective(s)

The Company proposes to utilize the Net Proceeds from the issue towards the following objects:

  1. Meeting working capital requirements.
  2. General corporate purposes.
About Company

Incorporated in 1998, Committed Cargo Care Limited is a Third Party Logistics provider that specializes in handling Import and Export Cargo and provides integrated services.

The company provides integrated logistics services such as cargo management solutions, order management, international freight management, customs and cross-border movement, heavy and over-dimensional cargo movement, etc.

Committed Cargo Care's customer base comes from various sectors across India, including automotive and heavy engineering, telecom, food and agro, fast-moving consumer goods (FMCG), paint, handicrafts, e-commerce products, garments, pharma, and dairy.

The company recorded Rs. 12,221.96 Lacs, Rs. 1,4612.17 Lacs, and Rs. 11,385.89 Lacs in Revenue in Fiscal 2023, 2022, and 2021 respectively.

Disclaimer

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.

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