Last updated on April 3, 2024
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.
Promoters of Gconnect Logitech and Supply Chain – Jigar Vinodbhai Sheth, and Vinod Venilal Sheth
Table of Contents
Gconnect Logitech IPO Details
| Gconnect Logitech IPO Dates | 26 – 28 March 2024 |
| Gconnect Logitech Issue Price | INR 40 per share |
| Fresh issue | 1,401,000 shares (INR 5.60 crore) |
| Offer For Sale | NIL |
| Total IPO size | 1,401,000 shares (INR 5.60 crore) |
| Minimum bid (lot size) | 3,000 shares (INR 120,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Gconnect Logitech Financial Performance
| Â | FY 2023 | H1 FY 2024 |
| Revenue | 101.03 | 212.57 |
| Expenses | 86.55 | 182.06 |
| Net income | 10.86 | 22.83 |
Gconnect Logitech Offer News
- Gconnect Logitech RHP
- Gconnect Logitech Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Gconnect Logitech Valuations & Margins
| FY 2023 | |
| EPS | 26.64 |
| PE ratio | 1.50 |
| RONW (%) | 14.01 |
| NAV | 44.52 |
| ROCE (%) | 18.70 |
| EBITDA (%) | 14.35 |
| Debt/Equity | 0.00 |
Gconnect Logitech IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 2 April 2024 | 10 | – | 20,000 |
| 1 April 2024 | 10 | – | 20,000 |
| 30 March 2024 | 10 | – | 20,000 |
| 29 March 2024 | 10 | – | 20,000 |
| 28 March 2024 | 10 | – | 20,000 |
| 27 March 2024 | 10 | – | 18,000 |
| 26 March 2024 | 10 | – | 18,000 |
Gconnect Logitech IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 663,000 | 663,000 | 1,326,000 |
| 28 Mar 2024 | 43.12 | 71.48 | 57.30 |
| 27 Mar 2024 | 2.19 | 15.42 | 8.80 |
| 26 Mar 2024 | 0.52 | 4.89 | 2.70 |
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 Date | 26 March 2024 |
| IPO Closing Date | 28 March 2024 |
| Finalization of Basis of Allotment | 1 April 2024 |
| Initiation of refunds | 2 April 2024 |
| Transfer of shares to demat accounts | 2 April 2024 |
| IPO Listing Date | 3 April 2024 |
| Opening Price on BSE SME | INR 42 per share (up 5%) |
| Closing Price on BSE SME | INR 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:Â [email protected]
Website:Â 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:Â 91 40 6716 2222
E-mail:Â [email protected]
Website:Â 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.
