Cargosol Logistics Limited is a full-service 3 PL (Third Party Logistics) provider delivering end-to-end logistics and supply chain solutions including multimodal transport operations (MTO), owning and operating container, ocean and air freight, shipping, warehousing, customs clearance services and project cargo handling.
The company also provides warehousing facilities to customers and the warehouses are well connected to several manufacturing and consumption clusters located in Thane, Maharashtra.
The Company also processes NVOCC (Non-Vessel Owning Common Carrier) facilities for sectors such as Indian Subcontinent, Middle East, Upper Persian Gulf, South East Asia and part of Europe through our slot arrangements with feeder operator as well as mainline operators.
The company is headquartered in Mumbai and has presence in major locations like Kalamboli, Pune, New Delhi, Chennai and a warehouse in Thane.
Cargosol Logistics Limited’s customers operate in various industries across India, including automotive and heavy engineering, telecommunications, food and agriculture, fast moving consumer goods (“FMCG”), paints and dairy.
Competitive Strengths
- Integrated, end-to-end logistics services and solutions
- Our existing Network
- Storage capabilities
- Strong knowledge and expertise of our promoters
- Diverse customer base across many sectors
Company Promoters
- Mr. Roshan Kishanchand Rohira
- Mr. Samuel Janathan Muliyil
Company Financials
| Particulars | 31 Dec 2021 | 31 March 2021 | 31 March 2020 | 31 March 2019 |
|---|---|---|---|---|
| Total Revenue | 13,517.14 | 10,359.99 | 6,412.92 | 5,590.79 |
| Total Expense | 12,975.17 | 10,121.98 | 6,262.12 | 5,460.19 |
| Profit Before Tax | 541.97 | 238.01 | 150.81 | 130.61 |
| Profit After Tax | 401.72 | 176.14 | 120.14 | 101.88 |
Object Of The Issue
- Purchase of vehicle for commercial purpose.
- Purchase of Containers for expansion of the Non Vessel Owning Common Carrier (NVOCC) division.
- To meet working capital requirements.
- General Corporate Purpose.
- To meet issue expenses.
Cargosol Logistics IPO – Details
| IPO Opening Date | 28 September 2022 |
| IPO Closing Date | 30 September 2022 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | ₹7.56 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹28 |
| Market Lot | 4000 Shares |
| Min Order | 4000 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Link Intime India Private Ltd |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
Cargosol Logistics IPO – Date Schedule
| IPO Open Date | 28 September 2022 |
| IPO Close Date | 30 September 2022 |
| Basis of Allotment Date | 06 October 2022 |
| Initiation of Refunds | 07 October 2022 |
| Credit of Shares to Demat Account | 10 October 2022 |
| IPO Listing Date | 11 October 2022 |
Cargosol Logistics IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 4000 | 1,12,000 |
| Maximum | 1 | 4000 | 1,12,000 |
Cargosol Logistics IPO Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 73.52% |
Cargosol Logistics IPO Prospectus
Company Contact Information
| Cargosol Logistics Limited 502, Swaroop Arcade, Sahar Road, Andheri, East, Mumbai – 400099 Phone: +91-022-66126000 Email: cs@cargosol.com Website: https://cargosol.com/ |
Cargosol Logistics IPO Registrar
| Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: cargosol.ipo@linkintime.co.in Website: https://linkintime.co.in/ |
Cargosol Logistics IPO Lead Manager(s)
| 1. Hem Securities Limited |
Cargosol Logistics IPO FAQs
| What is Cargosol Logistics IPO? Cargosol Logistics IPO is a SME IPO. The issue is priced at ₹28 per equity share. The IPO is to be listed on BSE SME. |
| When Cargosol Logistics IPO will open? The IPO is to open on 28 September 2022 for NII and Retail Investors. |
| What is Cargosol Logistics IPO Investors Portion? The investors’ portion for NII-50%, and Retail 50%. |
| How to Cargosol Logistics IPO? You can apply Cargosol 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 Cargosol Logistics IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Cargosol 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 Angle One. |
| How to Apply the Cargosol Logistics IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Cargosol 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 Cargosol Logistics IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Cargosol 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 Upstox. |
| How to Apply the Cargosol Logistics IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Cargosol 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 IIFL. |
| What is Cargosol Logistics IPO Size? Cargosol Logistics IPO size is ₹7.56 crores. |
| What is Cargosol Logistics IPO Price Band? Cargosol Logistics IPO Price Band is ₹28. |
| What is Cargosol Logistics IPO Minimum and Maximum Lot Size? The minimum bid is 4000 Shares with ₹1,12,000 amount while the maximum bid is 4000 shares with ₹1,12,000. |
| What is the Cargosol Logistics IPO Allotment Date? Cargosol Logistics IPO allotment date is 06 October 2022. |
| What is the Cargosol Logistics IPO Listing Date? Cargosol Logistics IPO listing date is 11 October 2022. The IPO is to list on BSE SME. |
