Transvoy Logistics India IPO will open for subscription from 20 January 2023. the company aims for an issue size of ₹5.11 Cr through this IPO.
About Company
Transvoy Logistics India is engaged in the business of integrated logistics solutions. Its key expertise includes NVOCC, Freight Forwarding, Custom Clearance, Transportation handlings locally as well as globally and advisory on MEIS License Trading. As of the date of this prospectus, it primarily provides services to its clients in India, China, the Middle East, Sri Lanka, Singapore, and Malaysia.
The company realizes that clients have specific requirements with regard to their shipments. It, therefore, spends considerable time with clients individually to understand their specific requirements. In line with the global trend, the company had already taken initiatives to outsource business partners and vendors, thereby being able to provide a wide range of services at economical costs.
The company’s core business can be divided into the following categories:
- Freight Forwarding
- Customs Clearance
- Allied Logistics and Transportation Services
Basic details about the company
| Full name | Transvoy Logistics India Limited |
| Sector | Logistics |
| Industry | Logistics |
| Company Website | https://www.transvoy.com/ |
The objective of the Issue
- To Meet Working Capital Requirements
- Investment in a Subsidiary for the Purchase of Containers
- General Corporate Purpose
- To meet Public Issue Expenses
Major Competitive strengths
- Quality management team.
- Good brand name.
- maintain highest quality in the service and strive at satisfying the requirements of the customers.
IPO Timetable
| IPO Opening date | 20 January 2023 |
| IPO Closing | 24 January 2023 |
| Basis of Allotment | 30 January 2023 |
| Initiation Refund | 31 January 2023 |
| Credit to Demat Account | 01 February 2023 |
| Listing Date | 02 February 2023 |
IPO details
| Issue type | Fixed Price Issue IPO |
| IPO issue size | 720,000 shares – ₹5.11 Cr |
| Fresh Issue | 720,000 shares – ₹5.11 Cr |
| Offer for sale | Nil |
| Face value | ₹10 per share |
| Offer price | ₹71 per share |
| Lot size | 1600 Shares |
| Retail Allocation | 50% |
| Listing Exchange | BSE SME |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹113,600 |
| Retail (Max) | 1 | 1600 | ₹113,600 |
| HNI (Min) | 2 | 3,200 | ₹227,200 |
Reservation Details
| NII (HNI) Shares Offered | 50% |
| Retail Shares Offered | 50% |
Financial Performance
| FY 2020 | FY 2021 | FY 2022 | up to 25 Nov 2022 | |
| Revenue | 42.67 | 62.21 | 502.99 | 1,047.95 |
| Expenses | 41.68 | 60.76 | 424.25 | 1,001.56 |
| Net income | 1.33 | 1.18 | 56.69 | 34.48 |
Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 0.24 | 0.22 | 10.31 |
| PE ratio | – | – | 6.88 |
| RONW (%) | 2,183.04 | 95.11 | 107.15 |
| NAV | – | – | 9.62 |
| ROCE (%) | 2,216.66 | 94.4 | 97.89 |
| EBITDA (%) | 2.88 | 3.18 | 15.79 |
| Debt/Equity | 0.00 | 0.00 | 0.02 |
Company Promoters
- Mr. Ravindrakumar Kumarchandra Joshi
- Mr. Naitik Ravindrakumar Joshi
- Mrs. Dipti Ravindrabhai Joshi
Promoter Holding
| Pre Issue Share Holding | 97.94% |
| Post Issue Share Holding | 71.46% |
Lead Manager(s)
- Beeline Capital Advisors Pvt Ltd
IPO Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Telephone: 022 4918 6200
Email: translogic.ipo@linkintime.co.in
Website: www.linkintime.co.in
Contact Details
TRANSVOY LOGISTICS INDIA LIMITED
B-504, Mondeal Heights, B/S Novotel Hotel,
S.G. Highway, Ahmedabad -380015, Gujarat
Phone: 079 – 29705456/+919687604073
E-mail: info@transvoy.com
Website: www.transvoy.com
Allotment Status
Transvoy Logistics IPO allotment status will be available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
Final thoughts
Transvoy Logistics India IPO is going to hit Dalal street soon. applying for IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.
Happy Investing
