Brace Port Logistics IPO will open for subscription from 19 August 2024. The company aims for an issue size of ₹24.41 Cr through this IPO.
Company Overview
| Full name | Brace Port Logistics Limited |
| Sector | Logistics |
| Industry | Logistics |
| Company Website | https://www.braceport-logistics.com/ |
About Company
Brace Port Logistics specializes in ocean cargo logistics for clients across various sectors of the economy. The company also offers a range of value-added services, including air freight, warehousing facilities, special cargo services (such as handling cargo in one foreign country and delivering it to another), and customs clearance services.
BracePort Logistics boasts a strong pan-India and global network to meet the needs of customers across a wide range of industries. These include medical supplies and pharma, sports goods, perishables, electronics, consumer durables, automotive, and more. The company has a presence in Germany, Vietnam, the UAE, Hong Kong, and Bangladesh. As of 18 July 2024, BracePort Logistics employed 25 people across various departments, including Accounts & Finance, Compliance, Maintenance, Marketing & Logistics, Production & Operations, Quality, Top-Level Management, and Permanent Labor.
The Objectives of the Issue
- Funding the working capital requirements of the company
- General corporate purposes.
Brace Port Logistics IPO Timetable
| IPO Opening date | 19 August 2024 |
| IPO Closing | 21 August 2024 |
| Basis of Allotment | 22 August 2024 |
| Initiation Refund | 23 August 2024 |
| Credit to Demat Account | 23 August 2024 |
| Listing Date | 26 August 2024 |
Brace Port Logistics IPO details
| Issue type | Book Built Issue IPO |
| IPO issue size | ₹24.41 Cr – 3,051,200 shares |
| Fresh Issue | ₹24.41 Cr – 3,051,200 shares |
| Offer for sale | Nil |
| Face value | ₹10 per share |
| Price Band | ₹76 to ₹80 per share |
| Lot size | 1600 Shares |
| Market Maker portion | 155,200 shares |
| Shareholding pre-issue | 8,250,000 |
| Shareholding post-issue | 11,301,200 |
| Listing Exchange | NSE SME |
Brace Port Logistics IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹128,000 |
| Retail (Max) | 1 | 1600 | ₹128,000 |
| HNI (Min) | 2 | 3,200 | ₹256,000 |
Brace Port Logistics Offer Documents
Brace Port Logistics IPO Reservation Details
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Brace Port Logistics Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 54.14 | 70.45 | 55.00 |
| Expenses | 49.88 | 62.59 | 48.63 |
| Net income | 3.22 | 6.18 | 4.89 |
Brace Port Logistics Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 3.91 | 7.49 | 5.93 |
| PE ratio | – | – | 12.82 – 13.49 |
| RONW (%) | 76.77 | 69.60 | 35.22 |
| NAV | 5.09 | 10.76 | 16.69 |
| ROCE (%) | 103.15 | 89.16 | 47.05 |
| EBITDA (%) | 7.94 | 11.26 | 12.34 |
| Debt/Equity | NA | 0.07 | 0.04 |
Company Promoters
- Skyways Air Services Private Limited
- Mr. Yash Pal Sharma
- Mr. Tarun Sharma
- Mr. Sachin Arora
- Mr. Rishi Trehan.
Promoter Holding
| Pre Issue Share Holding | 96.04% |
| Post Issue Share Holding |
Brace Port Logistics Offer GMP Update
Coming Soon
Brace Port Logistics IPO Subscription Update
Coming Soon
Brace Port Logistics IPO Allotment Status
BracePort Logistics IPO allotment status will be available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
Brace Port Logistics IPO Listing Details
| Listing Date | 26 August 2024 |
| BSE Scrip Code | Coming Soon |
| NSE Symbol | |
| ISIN | |
| Final Issue Price |
Listing Day Update
| Listing Exchange | NSE SME |
| Final Issue Price | Coming Soon |
| Open | |
| Low | |
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| Last Trade |
Brace Port Logistics IPO Lead Manager(s)
HOLANI CONSULTANTS PRIVATE LIMITED
401 – 405 & 416 – 418, 4th Floor, Soni Paris Point,
Jai Singh Highway, Bani Park, Jaipur – 302016
Phone: +91 0141 – 2203996
Email: ipo@holaniconsultants.co.in
Website: www.holaniconsultants.co.in
Brace Port Logistics Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 22 49186200
Email: braceport.ipo@linkintime.co.in
Website: www.linkintime.co.in
Brace Port Logistics Contact Details
BRACE PORT LOGISTICS LIMITED
A-182, Mahipalpur Extension, 5, Road No 4,
South Delhi, Mahipalpur, New Delhi -110037
Phone: 011 – 41729003
E-mail: info@braceport-logistics.com
Website: www.braceport-logistics.com
Brace Port Logistics IPO FAQs
What is the BracePort Logistics offer size?
BracePort Logistics offer size is ₹ 23.19 – 24.41 crores.
What is the BracePort Logistics offer price band?
BracePort Logistics public offer price is ₹ 76 – 80 per share.
What is the lot size of the BracePort Logistics IPO?
BracePort Logistics offer a lot size is 1,600 shares.
What is BracePort Logistics IPO GMP today?
BracePort Logistics IPO GMP today is ₹ 65 per share.
What is the BracePort Logistics kostak rate today?
BracePort Logistics kostak rate today is ₹ NA per application.
What is BracePort Logistics Subject to Sauda rate today?
BracePort Logistics is Subject to the Sauda rate today is ₹ 80,000 per application.
Final thoughts
Brace Port Logistics IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. Study the company well and subscribe if you feel good about it. I hope this post will give you enough details to research the company fundamentally. learn well and make wise decisions.
Happy Investing
