Cargotrans Maritime Limited is an international logistics solutions provider. The main business of the company is the provision of maritime logistics services including sea freight forwarding (FCL and LCL), transportation, customs clearance, warehousing and other value-added services for clients.
The company operates in 4 seaports in Gujarat ie Mundra, Hazira, Kandla and Pipavav. Currently, Cargotrans Maritime operates a fleet of 9 owned commercial container trailers and in addition to this company also hires third party carriers to meet customer shipping demand.
Cargotrans Maritime Limited offers Ocean Freight Forwarding, Custom Clearance, Warehousing Services and Transportation Services.
Competitive Strengths
- Wide range of logistics services and solutions.
- Diversified customer base across varied industry verticals.
- Long standing relationship with Customers.
- Strong relationship with constituents of logistics value chain.
- Experienced Management team.
Company Promoters
- Edwin Alexander
- Manju Edwin
- Mathew Jacob
- B Chandrashekhar Rao
Company Financials
| Particulars | 31 March 2022 | 31 March 2021 | 31 March 2020 |
|---|---|---|---|
| Total Revenue | 8,959.92 | 4,941.10 | 2,058.43 |
| Total Expense | 8,641.70 | 4,785.67 | 2,020.42 |
| Profit Before Tax | 318.22 | 155.43 | 38.01 |
| Profit After Tax | 236.28 | 115.01 | 27.56 |
Object Of The Issue
- To meet Working Capital requirements
- General Corporate Purpose
- To meet issue expenses
Cargotrans Maritime IPO – Details
| IPO Opening Date | 27 September 2022 |
| IPO Closing Date | 29 September 2022 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | ₹4.86 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹45 |
| Market Lot | 3000 Shares |
| Min Order | 3000 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Bigshare Services Pvt Ltd |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
Cargotrans Maritime IPO – Date Schedule
| IPO Open Date | 27 September 2022 |
| IPO Close Date | 29 September 2022 |
| Basis of Allotment Date | 04 October 2022 |
| Initiation of Refunds | 06 October 2022 |
| Credit of Shares to Demat Account | 07 October 2022 |
| IPO Listing Date | 10 October 2022 |
Cargotrans Maritime IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 3000 | 1,35,000 |
| Maximum | 1 | 3000 | 1,35,000 |
Cargotrans Maritime IPO Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 73.53% |
Cargotrans Maritime IPO Prospectus
Company Contact Information
| Cargotrans Maritime Limited DBZ-S-61A, 2nd Floor, Shyam Paragon, Gandhidham, Kachchh – 370 201 Phone: 91-90999-35142 Email: info@cargotrans.in Website: http://www.cargotrans.in/ |
Cargotrans Maritime IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: http://www.bigshareonline.com |
Cargotrans Maritime IPO Lead Manager(s)
| 1. Hem Securities Limited |
Cargotrans Maritime IPO FAQs
| What is Cargotrans Maritime IPO? Cargotrans Maritime IPO is a SME IPO. The issue is priced at ₹45 per equity share. The IPO is to be listed on BSE SME. |
| When Cargotrans Maritime IPO will open? The IPO is to open on 27 September 2022 for NII and Retail Investors. |
| What is Cargotrans Maritime IPO Investors Portion? The investors’ portion for NII-50%, and Retail 50%. |
| How to Cargotrans Maritime IPO? You can apply Cargotrans Maritime IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Cargotrans Maritime IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Cargotrans Maritime”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Cargotrans Maritime IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Cargotrans Maritime”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Cargotrans Maritime IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Cargotrans Maritime”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Cargotrans Maritime IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Cargotrans Maritime”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Cargotrans Maritime IPO Size? Cargotrans Maritime IPO size is ₹4.86 crores. |
| What is Cargotrans Maritime IPO Price Band? Cargotrans Maritime IPO Price Band is ₹45. |
| What is Cargotrans Maritime IPO Minimum and Maximum Lot Size? The minimum bid is 3000 Shares with ₹1,35,000 amount while the maximum bid is 3000 shares with ₹1,35,000. |
| What is the Cargotrans Maritime IPO Allotment Date? Cargotrans Maritime IPO allotment date is 04 October 2022. |
| What is the Cargotrans Maritime IPO Listing Date? Cargotrans Maritime IPO listing date is 10 October 2022. The IPO is to list on BSE SME. |
