S J Logistics (India) Limited

Price
₹121 - ₹125
Lot
1000
Subs.
316.26
Expected Listing Earning

Exp. Premium(GMP):
86.40(69.12%)
IPO Details

Open Date: 12-Dec-2023
Close Date: 14-Dec-2023
Allotment Date: 15-Dec-2023
Listing Date: 19-Dec-2023
Listing Price: ₹213.45/-
Face Value: ₹10 Per Equity Share
Issue Price: ₹121-125 Per Equity Share
Issue Size: Total Issue Size 3,840,000 shares (aggregating up to ₹48.00 Cr) : Fresh Issue 3,840,000 shares (aggregating up to ₹48.00 Cr)
Market Lot (Min Amount): Retail - ₹125,000 : HNI - ₹250,000
Subscription Details Updated at End of the Day

As on

QIB

Nll

Rll

Total

Shares Offered/Reserved730,000548,0001,277,0002,555,000
Day 1 - 12-12-23 
05:00 PM
4.08x22.06x37.34x24.56x
Day 2 - 18-12-23 
05:00 PM
4.71x49.63x101.79x62.87x
Day 3 - 14-12-23 
05:00 PM
116.16x489.45x356.33x316.26x
Total No. of Application:455,036 (Approx.)
Retail Subscription on the basis of Apps:356.33x
Valuations

Earning Per Share(EPS)8.84/-
P/E Ratio14.14
RoNW24.41%
Net Asset Value (NAV) - Post Issue:₹N/A/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Sep,202310,541.0710,338.56931.07
31 Mar,20238,104.3213,500.99761.56
31 Mar,20225,062.5110,395.18172.99
31 Mar,20215,013.5512,402.8882.99
Promoter(s)

Pre Issue Share Holding67.55%
Post Issue Share Holding49.64%
Company Promoter(s)
1. Rajen Hasmukhlal Shah
Issue Objective(s)

The Net Proceeds are proposed to be used by the details below:

  1. Repayment and/or pre-payment, in whole or part, of certain borrowings availed by the Company.
  2. To meet working capital requirements
  3. General Corporate Purpose.
About Company

Incorporated in December 2003, S J Logistics (India) Limited provides logistics and supply chain solutions to its customers. The company provides freight forwarding, customs clearance, and transportation handling services.

In fiscal year 2023, the company processed 3,100 bills of lading to various countries, including Africa, South America, Australia, Europe, the Gulf, Southeast Asia, Russia, and the United States. S J Logistics also established cooperative agreements with partners in Ecuador, Brazil, Chile, Peru, the United States, Paraguay, Bolivia, Hong Kong, China, Taiwan, Vietnam, and others for logistics and freight forwarding. The company has two subsidiary companies: SJA Logisol India Private Limited (SJALIPL) and S. J. L. Group (Singapore) Pte. Ltd.

The competitive strengths of the company are-

  • Long-standing business and track record
  • Strong relationship with the diverse customer base
  • Wide range of logistics services and solutions.
  • Existing agency network and arrangements
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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Thank you.