Timescan Logistics is a Multimodal Transport Operator that offers logistics services involving land, air, and sea transportation and third-party logistics provider. The business provides a complete range of transport and freight-related services like Freight Forwarding (Sea and Air), Customs Clearance, Warehousing, Transportation, Multimodal transportation, Project Cargo, Vessel Charter, packaging, loading/unloading, etc. It is a registered custom house broker with Custom offices – Chennai, Vijaywada, and Mundra and also a member of the World Cargo Alliance for its global reach.
The business also has a 16,354 Sq. ft warehouse on long-term lease under Free Trade Warehousing Zone of JMD Chennai SEZ.
Competitive Strengths
- A comprehensive range of logistic solution services.
- Wide clientele base.
- Organization stability and rich management experience.
- Well-defined organizational structure.
- Customer-centric services and ISO 9001:2015 certified.
Company Promoters
Mr. Moulana Taufeek Islam and Mrs. Ayisha Beevi are the company promoters.
Company Financials
| Particulars | For the year/period ended (₹ in Lakh) | |||
|---|---|---|---|---|
| 30-Jun-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 3,122.44 | 3,045.32 | 1,483.43 | 1,396.80 |
| Total Revenue | 2,724.13 | 9,976.46 | 6,509.76 | 6,393.44 |
| Profit After Tax | 40.85 | 124.91 | 79.50 | 83.07 |
Objects Of The Issue
The net proceed from the IPO will be utilized towards the following objectives;
- Working capital requirements.
- General corporate purposes.
- Issue expenditures.
Timescan Logistics IPO Details
| IPO Opening Date | Dec 31, 2021 |
| IPO Closing Date | Jan 4, 2022 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹51 per equity share |
| Market Lot | 2000 Shares |
| Min Order Quantity | 2000 Shares |
| Listing At | NSE SME |
| Issue Size | 944,000 Eq Shares of ₹10 (aggregating up to ₹4.81 Cr) |
| Fresh Issue | 944,000 Eq Shares of ₹10 (aggregating up to ₹4.81 Cr) |
| Retail Shares Offered | 50% |
| NII (HNI) Shares Offered | 50% |
Timescan Logistics IPO Lot Size
The Timescan Logistics IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹102,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 2000 | ₹102,000 |
| Maximum | 1 | 2000 | ₹102,000 |
Timescan Logistics IPO Promoter Holding
| Pre Issue Share Holding | 99.88% |
| Post Issue Share Holding | 72.89% |
Timescan Logistics IPO Prospectus
Company Contact Information
| Timescan Logistics (India) Limited Rajah Annamalai Buildings, Annex 3rd Floor, 18/3, Rukmani Lakshmipathy Road, (Marshalls Road) Egmore, Chennai -600 008 Phone: 044 – 4356 6000 Email: cs@timescan.in Website: http://www.timescan.in/ |
Timescan Logistics IPO Registrar
| Cameo Corporate Services Limited Phone: +91-44-28460390 Email: investor@cameoindia.com Website: https://online.cameoindia.com/ |
Timescan Logistics IPO FAQs
| When Timescan Logistics IPO will open? The Timescan Logistics IPO dates are 31 Dec 2021 To 04 Jan 2022. |
| What is the lot size of Timescan Logistics IPO? Timescan Logistics IPO lot size and the minimum order quantity is 2000 Shares. |
| How to apply for Timescan Logistics IPO? You can apply in Timescan Logistics IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. |
| When is Timescan Logistics IPO listing date? The Timescan Logistics IPO listing date is not announced. The date of Timescan Logistics IPO listing is []. |
