S J Logistics IPO description – S J Logistics (India) is actively involved in providing comprehensive logistics and supply chain solutions. At the core of its services are freight forwarding, customs clearance, and adept handling of transportation services. The company boasts two subsidiary entities: SJA Logisol India Private Limited (SJALIPL) and S. J. L. Group (Singapore) Pte. Ltd.
In the fiscal year 2023, S J Logistics efficiently processed over 3,100 bills of lading, reaching diverse destinations such as African countries, South American countries, Australia, Bangladesh, European countries, Gulf countries, Southeast Asian countries, Russia, and the United States of America.
Beyond these accomplishments, the company has forged cooperative and agency agreements with entities in countries like Ecuador, Brazil, Chile, Peru, the United States of America, Paraguay, Bolivia, Hong Kong, China, Taiwan, Vietnam, and various others. These agreements are integral to its logistics and freight forwarding operations, facilitating the smooth inward and outward movement of cargo on a global scale.
Noteworthy certifications and accreditations adorn the company’s profile, including recognition from the Federal Maritime Commission, membership in the International Federation of Freight Forwarders Association (FIATA), affiliation with the PPL Network, and inclusion in the Africa Logistics Network. These endorsements underscore S J Logistics’ commitment to maintaining high standards in the dynamic realm of logistics and supply chain management.
Promoters of S J Logistics – Rajen Hasmukhlal Shah
Table of Contents
S J Logistics IPO Details
| S J Logistics IPO Dates | 12 – 14 December 2023 |
| S J Logistics Issue Price | INR 121 – 125 per share |
| Fresh issue | 38,40,000 shares (INR 46.46 – 48 crore) |
| Offer For Sale | Nil |
| Total IPO size | 38,40,000 shares (INR 46.46 – 48 crore) |
| Minimum bid (lot size) | 1,000 shares (INR 1,25,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE SME |
S J Logistics Financial Performance
| Â | FY 2021* | FY 2022* | FY 2023 | H1 FY 2024 |
| Revenue | 123.93 | 103.62 | 134.31 | 103.09 |
| Expenses | 122.86 | 102.75 | 125.48 | 91.76 |
| Net income | 0.86 | 1.88 | 7.62 | 9.31 |
* All Standalone data
S J Logistics Offer News
- S J Logistics RHP
- S J Logistics Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
S J Logistics Valuations & Margins
| FY 2021* | FY 2022* | FY 2023 | |
| EPS | 1.30 | 2.83 | 8.84 |
| PE ratio | – | – | 13.69 – 14.14 |
| RONW (%) | 6.40 | 12.26 | 24.41 |
| ROCE (%) | 8.15 | 11.68 | 18.58 |
| NAV | 20.24 | 23.07 | 36.22 |
| EBITDA (%) | 2.97 | 3.50 | 8.77 |
| Debt/Equity | 1.98 | 1.67 | 1.08 |
* All Standalone data
S J Logistics IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 18 December 2023 | 115 | – | 93,000 |
| 16 December 2023 | 115 | – | 93,000 |
| 15 December 2023 | 115 | – | 93,000 |
| 14 December 2023 | 120 | – | 97,000 |
| 13 December 2023 | 110 | – | 91,000 |
| 12 December 2023 | 97 | – | 82,500 |
| 11 December 2023 | 85 | – | 70,000 |
| 9 December 2023 | 72 | – | 61,000 |
| 8 December 2023 | 60 | – | 50,000 |
| 7 December 2023 | 50 | – | 40,000 |
| 6 December 2023 | 50 | – | – |
S J Logistics IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 730,000 | 741,000 | 1,277,000 | 2,748,000 |
| 14 Dec 2023 | 116.16 | 362.05 | 356.15 | 293.99 |
| 13 Dec 2023 | 4.71 | 36.82 | 100.31 | 57.79 |
| 12 Dec 2023 | 4.08 | 16.23 | 36.42 | 22.38 |
S J Logistics IPO Allotment Status
S J Logistics IPO allotment status is now available on the Maashitla Securities website. Click on Maashitla Securities IPO weblink to get allotment status.
S J Logistics IPO Dates & Listing Performance
| IPO Opening Date | 12 December 2023 |
| IPO Closing Date | 14 December 2023 |
| Finalization of Basis of Allotment | 18 December 2023 |
| Initiation of refunds | 18 December 2023 |
| Transfer of shares to demat accounts | 19 December 2023 |
| IPO Listing Date | 19 December 2023 |
| Opening Price on NSE SME | INR 175 per share (up 40%) |
| Closing Price on NSE SME | INR 183.75 per share (up 47%) |
S J 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:Â [email protected]
Website:Â www.hemsecurities.com
S J Logistics Offer Registrar
MAASHITLA SECURITIES PRIVATE LIMITED
451, Krishna Apra Business Square,
Netaji Subhash Place, Pitampura, Delhi – 110034
Phone:Â 011-45121795
Email:Â [email protected]
Website:Â www.maashitla.com
S J Logistics IPO Contact Details
S J LOGISTICS (INDIA) LIMITED
901/902/903, Centrum, Opposite Raila Devi Lake,
Wagle Estate, Thane (West)-400604, Maharashtra
Phone: +91-22-61982800
E-mail: [email protected]
Website: www.sjlogistics.co.in
IPO FAQs
What is the S J Logistics offer size?
S J Logistics offer size is INR 46.46 – 48 crores.
What is the S J Logistics offer price band?
S J Logistics public offer price is INR 121 – 125 per share.
What is the lot size of the S J Logistics IPO?
S J Logistics offer lot size is 1,000 shares.
What is S J Logistics IPO GMP today?
S J Logistics IPO GMP today is INR 115 per share.
What is the S J Logistics kostak rate today?
S J Logistics kostak rate today is INR NA per application.
What is S J Logistics Subject to Sauda rate today?
S J Logistics Subject to Sauda rate today is INR 93,000 per application.
