Gconnect Logitech IPO GMP, Review, Price, Allotment

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Gconnect Logitech IPO GMP

Gconnect Logitech IPO description – Incorporated in July 2022, Gconnect Logitech and Supply Chain is involved in providing surface logistics services, specifically goods transport services. The company caters to other logistics companies, including surface logistics companies, as well as direct customers. Its services encompass bulk load, Full Truck Load (FTL) services, and dedicated loads. The company operates on an asset-light model and collaborates with third parties to acquire necessary assets, such as vehicles.

As of 30 September 2023, the company serves approximately 24 customers, with over 8 of them having been associated with it for over 4 years. As of 30 October 2023, the company has partnered with 4 fleet management companies and has utilized 23 vehicles of various sizes and carrying capacities as per the requirements of customers. As of March 2024, the company employs a total of 6 individuals across various departments.

Gconnect Logitech and Supply Chain

Promoters of Gconnect Logitech and Supply Chain – Jigar Vinodbhai Sheth, and Vinod Venilal Sheth


Gconnect Logitech IPO Details

Gconnect Logitech IPO Dates26 – 28 March 2024
Gconnect Logitech Issue PriceINR 40 per share
Fresh issue1,401,000 shares (INR 5.60 crore)
Offer For SaleNIL
Total IPO size1,401,000 shares (INR 5.60 crore)
Minimum bid (lot size)3,000 shares (INR 120,000)
Face Value INR 10 per share
Retail Allocation50%
Listing OnBSE SME

Gconnect Logitech Financial Performance

 FY 2023H1 FY 2024
Revenue101.03212.57
Expenses86.55182.06
Net income10.8622.83
Figures in INR Lakhs unless specified otherwise

Gconnect Logitech Offer News


Gconnect Logitech Valuations & Margins

FY 2023
EPS26.64
PE ratio1.50
RONW (%)14.01
NAV44.52
ROCE (%)18.70
EBITDA (%)14.35
Debt/Equity 0.00
*Compiled by IPO Central from Prospectus

Gconnect Logitech IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
2 April 20241020,000
1 April 20241020,000
30 March 20241020,000
29 March 20241020,000
28 March 20241020,000
27 March 20241018,000
26 March 20241018,000

Gconnect Logitech IPO Subscription – Live Updates

CategoryNon-retailRetailTotal
Shares Offered663,000663,0001,326,000
28 Mar 202443.1271.4857.30
27 Mar 20242.1915.428.80
26 Mar 20240.524.892.70

The market maker reservation portion of 75,000 shares is not included in the above calculations.


Gconnect Logitech IPO Allotment Status

Gconnect Logitech IPO allotment status is now available on the KFin Tech website. Click on this link to get allotment status.


Gconnect Logitech IPO Dates & Listing Performance

IPO Opening Date26 March 2024
IPO Closing Date28 March 2024
Finalization of Basis of Allotment1 April 2024
Initiation of refunds2 April 2024
Transfer of shares to demat accounts2 April 2024
IPO Listing Date3 April 2024
Opening Price on BSE SMEINR 42 per share (up 5%)
Closing Price on BSE SMEINR 44.10 per share (up 10.25%)

Gconnect Logitech Offer Lead Manager

FEDEX SECURITIES PRIVATE LIMITED
B 7, 3rd Floor, Jay Chambers, Dayaldas Road,
Vile Parle – [East], Mumbai – 400 057, Maharashtra
Phone: +91 81049 85249
Email[email protected]
Website: www.fedsec.in


Gconnect Logitech Offer Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: 91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com


Gconnect Logitech IPO Contact Details

GCONNECT LOGITECH AND SUPPLY CHAIN LIMITED
Shop No. 6, Sadguru Complex,
Nari Chowkadina, Bhavnagar – 364 001, Gujarat
Phone: +91 93777 74949
E-mail: [email protected]
Website: www.gconnectlogitech.com


Gconnect Logitech and Supply Chain IPO FAQs

What is the Gconnect Logitech and Supply Chain IPO size?

Gconnect Logitech offer size is INR 5.60 crores.

What is the Gconnect Logitech and Supply Chain IPO price band?

Gconnect Logitech public offer price is INR 40 per share.

What is the lot size of the Gconnect Logitech IPO?

Gconnect Logitech offer lot size is 3,000 shares.

What is Gconnect Logitech IPO GMP today?

Gconnect Logitech IPO GMP today is INR 10 per share.

What is the Gconnect Logitech kostak rate today?

Gconnect Logitech kostak rate today is NA per application.

What is Gconnect Logitech Subject to Sauda rate today?

Gconnect Logitech are Subject to the Sauda rate today is INR 20,000 per application.

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