Last updated on September 7, 2024
Check out BracePort Logistics IPO GMP, Kostak rates, and Subject to Sauda rates with the latest updates. BracePort Logistics IPO GMP activity started ahead of the public offer. The latest GMP for BracePort Logistics IPO is INR 112 per share, indicating an expected profit of 140% on the listing.
Before going ahead, please note that the IPO grey market is an unofficial and unregulated market with much volatility. Therefore, your investment decision should not be completely based on BracePort Logistics IPO premium movement.
BracePort Logistics IPO GMP Trend
| Date | IPO GMP | Kostak | Subject to Sauda |
| 24 August 2024 | 112 | – | 1,35,000 |
| 23 August 2024 | 112 | – | 1,35,000 |
| 22 August 2024 | 112 | – | 1,35,000 |
| 21 August 2024 | 100 | – | 1,21,000 |
| 20 August 2024 | 88 | – | 1,05,000 |
| 19 August 2024 | 82 | – | 96,000 |
| 17 August 2024 | 77 | – | 88,000 |
| 16 August 2024 | 65 | – | 80,000 |
BracePort Logistics IPO is scheduled to open on 19 to 21 August 2024. The public offer involves a fresh issue of 30,51,200 shares, priced in the range of INR 76 – 80 per share. In total, BracePort Logistics’ IPO size is pegged at INR 23.19 – 24.41 crore.
Brace Port Logistics specializes in ocean cargo logistics for clients across various sectors of the economy. The company also offers a range of value-added services, including air freight, warehousing facilities, special cargo services (such as handling cargo in one foreign country and delivering it to another), and customs clearance services.
BracePort Logistics boasts a strong pan-India and global network to meet the needs of customers across a wide range of industries. These include medical supplies and pharma, sports goods, perishables, electronics, consumer durables, automotive, and more. The company has a presence in Germany, Vietnam, the UAE, Hong Kong, and Bangladesh.
As of 18 July 2024, BracePort Logistics employed 25 people across various departments, including Accounts & Finance, Compliance, Maintenance, Marketing & Logistics, Production & Operations, Quality, Top-Level Management, and Permanent Labor.
Promoters of BracePort Logistics – Yash Pal Sharma, Tarun Sharma, Sachin Arora, Rishi Trehan, and M/S Skyways Air Services Private Limited
Table of Contents
BracePort Logistics IPO Details
| BracePort Logistics IPO Dates | 19 – 21 August 2024 |
| BracePort Logistics Issue Price | INR 76 – 80 per share |
| Fresh issue | 30,51,200 shares (INR 23.19 – 24.41 crore) |
| Offer For Sale | NIL |
| Total IPO size | 30,51,200 shares (INR 23.19 – 24.41 crore) |
| Minimum bid (lot size) | 1,600 shares (INR 1,28,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE EMERGE |
BracePort Logistics Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 54.14 | 70.45 | 55.00 |
| Expenses | 49.88 | 62.59 | 48.63 |
| Net income | 3.22 | 6.18 | 4.89 |
BracePort Logistics Offer News
- BracePort Logistics RHP
- BracePort Logistics Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
BracePort Logistics Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 3.91 | 7.49 | 5.93 |
| PE ratio | – | – | 12.82 – 13.49 |
| RONW (%) | 76.77 | 69.60 | 35.22 |
| NAV | 5.09 | 10.76 | 16.69 |
| ROCE (%) | 103.15 | 89.16 | 47.05 |
| EBITDA (%) | 7.94 | 11.26 | 12.34 |
| Debt/Equity | NA | 0.07 | 0.04 |
BracePort Logistics IPO Dates & Listing Performance
| IPO Opening Date | 19 August 2024 |
| IPO Closing Date | 21 August 2024 |
| Finalization of Basis of Allotment | 22 August 2024 |
| Initiation of refunds | 23 August 2024 |
| Transfer of shares to demat accounts | 23 August 2024 |
| IPO Listing Date | 26 August 2024 |
| Opening Price on NSE SME | INR 152 per share (up 90%) |
| Closing Price on NSE SME | INR 159.60 per share (up 99.50%) |
BracePort Logistics Offer Lead Manager
HOLANI CONSULTANTS PRIVATE LIMITED
401 – 405 & 416 – 418, 4th Floor, Soni Paris Point,
Jai Singh Highway, Bani Park, Jaipur – 302016
Phone: +91 0141 – 2203996
Email:Â [email protected]
Website:Â www.holaniconsultants.co.in
BracePort Logistics Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone:Â +91 22 49186200
Email:Â [email protected]
Website:Â www.linkintime.co.in
BracePort Logistics IPO Contact Details
BRACE PORT LOGISTICS LIMITED
A-182, Mahipalpur Extension, 5, Road No 4,
South Delhi, Mahipalpur, New Delhi -110037
Phone: 011 – 41729003
E-mail:Â [email protected]
Website:Â www.braceport-logistics.com
IPO GMP Dashboard – IPO Discussion
You can check the latest GMP of all current and recently closed IPOs on our IPO GMP Dashboard. Please note that the dashboard includes data for both Mainboard and SME IPOs and is updated regularly. This is helpful to investors looking for expected listing gains of all IPOs in one place.
IPO GMPÂ is the per share premium an IPO commands in the grey market before the listing of shares. In simple terms, this IPO premium indicates the price gray market buyers are willing to pay over and above the allotment price asked by the company. As such, GMP indicates that the offer is likely to list at higher prices and reward successful applicants. On the other hand, an IPO grey market discount indicates that the offer is likely to list at lower rates.
IPO FAQs
What is the BracePort Logistics offer size?
BracePort Logistics offer size is INR 23.19 – 24.41 crores.
What is the BracePort Logistics offer price band?
BracePort Logistics public offer price is INR 76 – 80 per share.
What is the lot size of the BracePort Logistics IPO?
BracePort Logistics offer a lot size is 1,600 shares.
What is BracePort Logistics IPO GMP today?
BracePort Logistics IPO GMP today is INR 112 per share.
What is the BracePort Logistics kostak rate today?
BracePort Logistics kostak rate today is INR NA per application.
What is BracePort Logistics Subject to Sauda rate today?
BracePort Logistics is Subject to the Sauda rate today is INR 1,35,000 per application.
What are BracePort Logistics IPO’s expected listing price and return?
As per the prevailing grey market premium, BracePort Logistics IPO’s expected listing price is INR 112 per share while the return is likely to be 140%.
