Transvoy Logistics India Ltd. (BSE SME)

Jan 20, 2023 - Jan 24, 2023

Price ₹71 - ₹71
Premium ₹12
Lot size 1600
Allotment Jan 30, 2023
Listing Feb 2, 2023

Category Lot(s) Qty Amount Reserved
Retail 1 1600 113600 0
HNI 2 3200 227200 0
Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers200.00
Retail Investors168.67
Employees[.]
Others[.]
Total184.34
About
Issue Size 720,000 shares of ₹10
(aggregating up to ₹5.11 Cr)
Fresh Issue 720,000 shares of ₹10
(aggregating up to ₹5.11 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
NII (HNI) Shares Offered 50% of Net Issue
Retail Shares Offered 50% of Net Issue
Market Maker SUNFLOWER BROKING PVT. LTD.
Company Promoters

Mr. Ravindrakumar Kumarchandra Joshi, Mr. Naitik Ravindrakumar Joshi and Mrs. Dipti Ravindrabhai Joshi are the promoters of the company.

Incorporated in 2015, Transvoy Logistics India Limited is engaged in the business of integrated logistics solutions. The company offers services like NVOCC, Freight Forwarding, Custom Clearance, Transportation handling, and Advisory on MEIS License Trading.

Transvoy Logistics India operates primarily in India along with expanding to different parts of the world including Sri Lanka, China, Malaysia, Middle East, and Singapore. They maintain highest quality in the service and strive at satisfying the requirements of the customers.

The customers of the company are catered in the following horizons-

  1. Freight Forwarding
  2. Customs Clearance
  3. Allied Logistics and Transportation Services

Transvoy also operates through its wholly-owned subsidiary Aashirvad Shipping & Allied Private Limited (ASAPL) which offers custom clearing services. Recently, Transvoy Logistics India Limited formed another company in Singapore with the name Transvoy Logistics PTE. Ltd engaged in the non-vessel owning common carrier (NVOCC) services.

Company Financials

Transvoy Logistics India Limited Financial Information (Standalone)
Period Ended Total Assets Total Revenue Profit After Tax Net Worth Total Borrowing
31-Mar-20 11.48 42.9 1.33 0.06 0
31-Mar-21 12.47 62.21 1.18 1.25 0
31-Mar-22 109.89 503.02 56.69 52.91 0.97
25-Nov-22 748.23 1048 35.67 229.49 141.3
Amount in ₹ Lakhs
Lead Manager(s)
Strength
Weakness
Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: translogic.ipo@linkintime.co.in
Website: https://linkintime.co.in/