Cargosol Logistics IPO description – The company is a complete 3 PL (third-party logistics) service provider, delivering end-to-end solutions in the logistics and supply chain domain involving multimodal transport operations (MTO), owning and operating container, sea and air freight, transportation, warehousing, custom clearance services and handling of project cargo.
The company also provide warehousing facilities to the customers and the warehouses are well connected to several manufacturing and consumption clusters located in Thane, Maharashtra. The company also handle NVOCC (Non-Vessel Owning Common Carrier) facility for the sectors like Indian Sub-continent, Middle East, Upper Gulf, South East Asia and part of Europe through our slot arrangements with feeder operator as well as with mainline operators.
The company’s headquarter is in Mumbai and it has a presence in major locations such as Kalamboli, Pune, New Delhi, Chennai and a warehouse located at Thane.
It’s customers operate in various sectors across India, including automotive and heavy engineering, telecom, food and agro, fastmoving consumer goods (“FMCG”), paint and dairy.
Promoters of Cargosol Logistics – Mr. Roshan Kishanchand Rohira and Mr. Samuel Janathan Muliyil
Cargosol Logistics Offer Details
| Cargosol Logistics IPO Dates | 28 – 30 September 2022 |
| Cargosol Logistics IPO Price | INR 28 per share |
| Fresh issue | 27,00,000 shares (INR 7.56 crore) |
| Offer For Sale | Nil |
| Total IPO size | 27,00,000 shares (INR 7.56 crore) |
| Minimum bid (lot size) | 4,000 shares (INR 112,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Cargosol Logistics Financial Performance
| FY 2019 | FY 2020 | FY 2021 | FY 2022 | |
| Revenue | 5,590.79 | 6,412.92 | 10,359.99 | 20,072.25 |
| Expenses | 5,460.19 | 6,262.12 | 10,121.98 | 19,334.23 |
| Net income | 101.88 | 120.14 | 176.14 | 553.76 |
Figures in INR Lakh unless specified otherwise
Cargosol Logistics Offer News
Cargosol Logistics Valuations & Margins
| FY 2019 | FY 2020 | FY 2021 | FY 2022 | |
| EPS | 1.64 | 1.68 | 2.62 | 8,28 |
| PE ratio | – | – | – | 3.38 |
| RONW (%) | 18.77 | 16.09 | 20.07 | 38.81 |
| NAV | 8.75 | 10.43 | 13.05 | 21.33 |
| Debt/Equity ratio | 2.31 | 1.86 | 1.77 | 1.41 |
| ROCE (%) | 10.7 | 12.9 | 14.3 | 23.8 |
Cargosol Logistics IPO GMP Daily Trend
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| – | – | – |
Cargosol Logistics Offer Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 1,280,000 | 1,280,000 | 2,560,000 |
| Day 1 | 0.59 | 1.05 | 0.82 |
| Day 2 | 1.79 | 5.60 | 3.70 |
| Day 3 | 84.61 | 26.26 | 55.43 |
| Last updated on 30 Sep 2022 | 06:59:23 PM |
Cargosol Logistics Offer Lead Manager
HEM SECURITIES LIMITED
904, A Wing, Naman Midtown,
Senapati Bapat Marg, Elphinstone Road,
Lower Parel, Mumbai-400013, India
Phone: +91- 022- 49060000;
Email: [email protected]
Website: www.hemsecurities.com
Cargosol Logistics Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083,
Maharashtra, India
Phone: +91 22 4918 6200
Email: [email protected]
Website: www.linkintime.co.in
Cargosol Logistics Contact Details
CARGOSOL LOGISTICS LIMITED
502, Swaroop Arcade,
Sahar Road, Andheri (East),
Mumbai – 400099,
Maharashtra, India
Phone: +91-022-66126000
E-mail: [email protected]
Website: www.cargosol.com
Cargosol Logistics IPO Allotment Status
Cargosol Logistics IPO allotment is now available on Link Intime’s website. Click on this link to get allotment status.
Cargosol Logistics IPO Timetable
| Cargosol Logistics IPO Opening Date | 28 September 2022 |
| Cargosol Logistics IPO Closing Date | 30 September 2022 |
| Finalisation of Basis of Allotment | 6 October 2022 |
| Initiation of refunds | 7 October 2022 |
| Transfer of shares to demat accounts | 10 October 2022 |
| Cargosol Logistics IPO Listing Date | 11 October 2022 |
| Opening Price on BSE SME | INR42.40 per share (up 51.43%) |
| Closing Price on BSE SME | Coming soon |
Cargosol Logistics IPO FAQs
What is Cargosol Logistics offer size?
Cargosol Logistics offer size is INR 7.56 crore.
What is Cargosol Logistics IPO Price Band?
Cargosol Logistics public offer price is INR 28 per share.
What is the lot size of Cargosol Logistics IPO?
Cargosol Logistics offer lot size is 4,000 shares.
What is Cargosol Logistics IPO GMP today?
Cargosol Logistics IPO GMP today is NA per share.
What is Cargosol Logistics kostak rate today?
Cargosol Logistics kostak rate today is NA per application.
What is Cargosol Logistics Subject to Sauda rate today?
Cargosol Logistics Subject to Sauda rate today is INR NA per application.
