Brace Port Logistics Limited is a company that specializes in providing ocean cargo logistics services to clients across various sectors of the economy.
The company also provides services such as Air Freight, Warehousing facilities, special cargo services such as handling cargo in foreign countries and delivery of the same in other foreign countries and customs clearance services.
The company has a strong network that serves customers in various industries including medical supplies, pharmaceuticals, sports goods, perishables, electronics, consumer durables, and automotive, both in India and globally.
The company provide services to countries such as Germany, Vietnam, UAE, Hongkong and Bangladesh.
The company is certified for Quality Management Systems (ISO 9001:2015), Environmental Management System (ISO 14001:2015), and Occupational Health and Safety Management System (ISO 45001:2015).
On August 31, 2023, the company employed 20 people. They worked in departments such as Accounts & Finance, Compliance, Maintenance, Marketing & Logistics, Production & Operations, Quality, Top-Level Management, and Permanent Labor.
Brace Port Logistics IPO – Details
| IPO Opening Date | 19 August 2024 |
| IPO Closing Date | 21 August 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 30,51,200 Shares Worth ₹24.41 Crore Fresh Issue: 30,51,200 Shares Worth ₹24.41 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹76 – ₹80 |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Link Intime India Private Ltd |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
Brace Port Logistics IPO – Date Schedule
| IPO Open Date | 19 August 2024 |
| IPO Close Date | 21 August 2024 |
| Basis of Allotment | 22 August 2024 |
| Initiation of Refund | 23 August 2024 |
| Credit of Shares to Demat Account | 23 August 2024 |
| IPO Listing Date | 26 August 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 21, 2024 |
Brace Port Logistics IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,28,000 |
| Retail (Max) | 1 | 1600 | ₹1,28,000 |
| HNI (Min) | 2 | 3200 | ₹2,56,000 |
Competitive Strengths
- Accomplished Leadership Team and qualified workforce.
- Long Lasting Business Relationships.
- PAN India and Global Reach.
- Comprehensive Solutions for Transportation requirements.
- Diverse customer base across many sectors.
- Technology integrated services.
- Quality of Services.
- Supplier Relationship.
Company Promoters
- Skyways Air Services Private Limited
- Mr. Yash Pal Sharma
- Mr. Tarun Sharma
- Mr. Sachin Arora
- Mr. Rishi Trehan.
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 7.06 | 6.76 | 0.22 | 0.65 |
| 31 March 2022 | 54.19 | 49.88 | 3.22 | – |
| 31 March 2023 | 70.93 | 62.58 | 6.18 | 0.59 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 43.19% |
| ROCE | 47.05% |
| Debt/Equity | 0.04 |
| RoNW | 35.52% |
| P/BV | 4.79 |
| PAT Margin (%) | 8.89 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 5.93 | 4.33 |
| P/E (x) | 13.49 | 18.48 |
Object Of The Issue
- Funding the working capital requirements of the company.
- General corporate purposes.
Brace Port Logistics IPO Promoter Holding
| Pre Issue Share Holding | 96.04% |
| Post Issue Share Holding | – |
Brace Port Logistics IPO Prospectus
Company Contact Information
| Brace Port Logistics Limited A-182, Mahipalpur Extension, 5, Road No 4, South Delhi, Mahipalpur-New Delhi-110037 Phone: 011 – 41729003 Email: cs@braceport-logistics.com Website: http://www.braceport-logistics.com/ |
Brace Port Logistics IPO Registrar
| Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: braceport.ipo@linkintime.co.in Website: https://linkintime.co.in/initial_offer/public-issues.html |
Brace Port Logistics IPO Lead Manager(s)
| 1. Holani Consultants Private Limited |
Brace Port Logistics IPO FAQs
| What is Brace Port Logistics IPO? Brace Port Logistics IPO is a SME IPO. The issue is priced at ₹76 and ₹80 per equity share. The IPO is to be listed on NSE SME. |
| When Brace Port Logistics IPO will open? The IPO is to open on 19 August 2024 for QIB, NII, and Retail Investors. |
| What is Brace Port Logistics IPO Investors Portion? The investors’ portion for QIB- 50%, Retail – 35%, NII – 15%. |
| How to Apply the Brace Port Logistics IPO? You can apply Brace Port 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 Brace Port Logistics IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Brace Port Logistics IPO”. 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 Brace Port Logistics IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Brace Port Logistics IPO“. 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 Brace Port Logistics IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Brace Port Logistics IPO”. 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 Brace Port Logistics IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Brace Port Logistics IPO”. 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 Brace Port Logistics IPO Size? Brace Port Logistics IPO size is ₹24.41 Crore. |
| What is Brace Port Logistics IPO Price Band? Brace Port Logistics IPO Price Band is ₹76 – ₹80. |
| What is Brace Port Logistics IPO Minimum and Maximum Lot Size for retail? The minimum bid is 1600 Shares with ₹1,28,000 amount while the maximum bid is 1600 Shares with ₹1,28,000. |
| What is the Brace Port Logistics IPO Allotment Date? Brace Port Logistics IPO allotment date is 22 August 2024. |
| What is the Brace Port Logistics IPO Listing Date? Brace Port Logistics IPO listing date is 26 August 2024. The IPO is to be listed on NSE SME. |
