S J Logistics (India) Limited is engaged in the business of providing 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.
S J Logistics IPO – Details
| IPO Opening Date | 12 December 2023 |
| IPO Closing Date | 14 December 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 38,40,000 Shares Worth ₹48.00 Crore Fresh Issue: 38,40,000 Shares Worth ₹48.00 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹121 – ₹125 |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares ( 1 Lot ) |
| Listing At | NSE SME |
| Register | Maashitla Securities Private Limited |
| Other Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
S J Logistics IPO – Date Schedule
| IPO Open Date | 12 December 2023 |
| IPO Close Date | 14 December 2023 |
| Basis of Allotment | 15 December 2023 |
| Initiation of Refund | 18 December 2023 |
| Credit of Shares to Demat Account | 18 December 2023 |
| IPO Listing Date | 19 December 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Dec 14, 2023 |
S J Logistics IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1000 | 1,25,000 |
| Retail (Maximum) | 1 | 1000 | 1,25,000 |
| HNI (Minimum) | 2 | 2000 | 2,50,000 |
Company Promoters
- Rajen Hasmukhlal Shah
Object Of The Issue
- Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company.
- To meet Working Capital requirements.
- General Corporate Purpose.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 124.02 | 122.85 | 0.86 | 26.73 |
| 31 March 2022 | 105.31 | 102.74 | 1.88 | 25.73 |
| 31 March 2023 | 135.00 | 125.47 | 7.61 | 33.56 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 24.41% |
| ROCE | 18.58% |
| Debt/Equity | 1.08 |
| EPS (Rs) | 8.84 |
| RoNW | 24.41% |
S J Logistics IPO Promoter Holding
| Pre Issue Share Holding | 67.55% |
| Post Issue Share Holding | 49.64% |
S J Logistics IPO Prospectus
Company Contact Information
| S J Logistics (India) Limited 901/902/903, Centrum Opposite Raila Devi Lake, Wagle Estate, Thane (West)-400604, Phone: +91 022 61982800 Email: cs@sjagroup.co.in Website: https://www.sjlogistics.co.in/ |
S J Logistics IPO Registrar
| Maashitla Securities Private Limited Phone: +91-11-45121795-96 Email: mukul@maashitla.com Website: https://maashitla.com/allotment-status/public-issues |
S J Logistics IPO Lead Manager(s)
| 1. Hem Securities Limited |
S J Logistics IPO FAQs
| What is S J Logistics IPO? S J Logistics IPO is a SME IPO. The issue is priced at ₹121 – ₹125 per equity share. The IPO is to be listed on NSE SME. |
| When S J Logistics IPO will open? The IPO is to open on 11 December 2023 for QIB- 50%, Retail – 35% and NII – 15% Investors. |
| How to S J Logistics IPO? You can apply S J Logistics 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 S J Logistics IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “S J Logistics”. 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 S J Logistics IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “S J Logistics”. 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 Edelweiss. |
| What is S J Logistics IPO Size? S J Logistics IPO size is ₹48 crores. |
| What is S J Logistics IPO Price Band? S J Logistics IPO Price Band is ₹121 – ₹125. |
| What is S J Logistics IPO Minimum and Maximum Lot Size? The minimum bid is 1000 Shares with ₹1,25,000 amount while the maximum bid is 1000 shares with ₹1,25,000. |
| What is the S J Logistics IPO Allotment Date? S J Logistics IPO allotment date is 15 December 2023. |
| What is the S J Logistics IPO Listing Date? S J Logistics IPO listing date is 19 December 2023. The IPO is to list on NSE SME. |
