SJ LOGISTICS (NSE SME)
Dec 12, 2023 - Dec 14, 2023
| Price | ₹121 - ₹125 |
| Premium | ₹108 |
|---|---|
| Lot size | 1000 |
| Allotment | Dec 16, 2023 |
| Listing | Dec 19, 2023 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1000 | 125000 | 1277 |
| HNI | 2 | 2000 | 250000 | 548 |
Last updated on 14-Dec-2023 22:59:49
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 730000 | 84794000 | 116.16 |
| NIB | 548000 | 268413000 | 489.8 |
| RETAIL | 1277000 | 455036000 | 356.33 |
| Total | 2555000 | 808243000 | 316.34 |
| Retail Apps | 455036 | © IPO Premium | |
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
S J Logistics IPO Details
| Issue Size | 3,840,000 shares (aggregating up to ₹48.00 Cr) |
| Fresh Issue | 3,840,000 shares (aggregating up to ₹48.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 10,643,130 |
| Share holding post issue | 14,483,130 |
| Market Maker portion | 193,000 shares Hem Finlease |
S J Logistics IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Company Financials
S J Logistics (India) Limited Financial Information (Restated Consolidated)
S J Logistics (India) Limited's revenue increased by 29.88% and profit after tax (PAT) rose by 340.23% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | 30 Sep 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
| Assets | 10,541.07 | 8,104.32 | 5,062.51 | 5,013.55 |
| Revenue | 10,338.56 | 13,500.99 | 10,395.18 | 12,402.88 |
| Profit | 931.07 | 761.56 | 172.99 | 82.99 |
| Net Worth | 5,640.93 | 3,120.32 | ||
| Reserves | 4,576.62 | 2,825.15 | 1,342.14 | 1,169.15 |
| Borrowing | 2,952.40 | 3,356.00 | ||
| Amount in ₹ Lakhs | ||||
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: mukul@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues