Brace Port Logistics Limited (NSE SME)

Aug 19, 2024 - Aug 21, 2024

Price ₹76 - ₹80
Premium ₹116
Lot size 1600
Allotment Aug 22, 2024
Listing Aug 26, 2024

Category Lot(s) Qty Amount Reserved
Retail 1 1600 128000 750
HNI 2 3200 256000 500

Last updated on 21-Aug-2024 17:00:13

CategoryOfferedAppliedTimes
QIB358400161292800450.04
NIB800000683744000854.68
RETAIL1200000706489600588.74
Total23584001551526400657.87
Retail Apps441556© IPO Premium
HNI Interest Cost Per Share (7 Days)
@7%
₹91.79
@8%
₹104.9
@9%
₹118.02
@10%
₹131.13
@11%
₹144.24
@12%
₹157.35
About

IPO Reservation

Investor CategoryShares OfferedNo. of Shares
Retail39.32%1200000
NII (HNI)26.22%800000
Anchor17.62%537600
QIB11.75%358400
Market Maker5.09%155200
Total 100.00%3051200

Brace Port Logistics IPO Details

Total Issue Size3,051,200 shares
(aggregating up to ₹[24.41] Cr)
Fresh Issue3,051,200 shares
(aggregating up to ₹[24.41] Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue8,250,000
Share holding post issue11,301,200
Market Maker portion155,200 shares
Holani Consultant

Key Performance Indicators

KPIMar-24Mar-23Mar-22
ROE43.19%94.51%124.59%
ROCE47.05%89.16%103.15%
RONW35.52%69.60%76.77%
D/E0.040.07-
P/E
Pre IPO
13.49
P/E
Post IPO
18.48

Financial Statement ( Restated)

Period EndedMar-24Mar-23Mar-22Mar-21
Assets2,783.291,310.781,179.14409.61
Revenue5,524.597,093.665,419.57706.25
Profit After Tax489.13618.09322.3922.57
Net Worth1,377.18888.05419.9697.57
Reserves and Surplus552.18813.05344.9622.57
Total Borrowing48.9759.165.62
Amount in  Lakhs

About Company

Brace Port Logistics Limited is a logistics service provider established in November 2020, offering a comprehensive range of services including ocean and air freight, warehousing, special cargo handling, customs clearance, and more. Catering to diverse industries like medical supplies, pharmaceuticals, and electronics, the company operates globally with a strong presence in countries such as Germany, Vietnam, UAE, Hong Kong, and Bangladesh. Committed to quality and safety, Brace Port has secured ISO certifications for Quality Management, Environmental Management, and Occupational Health and Safety. With a dedicated team of 20 employees across various departments, the company has been steadily expanding its operations since its inception.