Business description from prospectus – Shreeji Translogistics Limited (earlier known as Shreeji Transport Services Pvt. Ltd.) is a Pan-India surface logistics and parcel delivery service provider. It has grown into an integrated national logistical solution provider, catering a wide range of logistical requirements from Import-Export Container movement to local parcel delivery. The various types of services provided by the company includes: Full Truck Load Transport Services, Parcel and Part Truck Load Services/ less than Truck Load (LTL), Import- Export Services and Bonded Trucking Services. Full Truck Load Transport service is its core business and in this space, Shreeji Translogistics has been a trusted name for Time-Bound Deliveries. Bonded Trucking Service, which was a new concept introduced in India in the year 2000, was initially started by Shreeji Translogistics in the year 2002, wherein it handles import- export cargo of various national and international airlines from many air cargo complexes.
The company owns and operates a strong fleet of commercial vehicles consisting of 229 owned trucks (as on July 31, 2017) and more than 500 outsourced trucks. It operates different types of trucks on the basis of design and size along with varying capacities. Its Container Trucks are used for transportation of parcels, while the Platform Trucks are mainly used for import export containers, and also for transportation of heavy duty goods like automotive parts and machineries.
Promoters of Shreeji Translogistics – Mr Vijay Pal Jain, Mr Ajay Mahipal Singh Jain, Mr Abhaykumar Mahipal Singh Jain, Mr Vikas Jain and Mr Saket Jain
| Shreeji Translogistics IPO details | |
| Subscription Dates | 29 September – 5 October 2017 |
| IPO Price band | INR130 per share |
| Fresh issue | 204,000 shares (INR2.65 crore) |
| Offer for sale | 750,000 shares (INR9.75 crore) |
| Total IPO size | 954,000 shares (INR12.40 crore) |
| Minimum bid (lot size) | 1,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME platform |
| Shreeji Translogistics’ financial performance (in INR crore) | ||||||
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | ||
| Total revenue | 67.9 | 81.4 | 93.2 | 88.5 | 87.7 | |
| Total expenses | 66.7 | 80.7 | 92.4 | 86.8 | 85.3 | |
| Profit after tax | 1.0 | 0.2 | 0.5 | 1.0 | 1.6 | |
Shreeji Translogistics Limited
Shreeji Krupa, Plot No. 107
Sector No. 19C, Vashi
Navi Mumbai – 400 705
Phone: +91 22 4074 6666
Email:Â [email protected]
Website:Â www.shreejitransport.com
| Day |
Subscription (no. of times) |
| Day 1 | 0.21 |
| Day 2 | 0.48 |
| Day 3 | 0.79 |
| Day 4 | 1.18 |
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Earnings Per Share (EPS): INR4.79
Price/Earnings (P/E) ratio: 27.14
Return on Net Worth (RONW): 10.76%
Net Asset Value (NAV): INR44.53 per share
Bigshare Services Private LimitedÂ
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E),
Mumbai – 400 072
Phone:Â +91 22Â 4043 0200Â
Fax:Â +91 22Â 2847Â 5201
Email:Â [email protected]
Website:Â www.bigshareonline.com
Shreeji Translogistics IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
IPO Opening Date: 29 September 2017
IPO Closing Date: 5 October 2017
Finalisation of Basis of Allotment: 10 October 2017
Initiation of refunds: 11 October 2017
Transfer of shares to demat accounts:Â 12 October 2017
Listing Date: 13 October 2017
Listing Price on BSE SME: INR156 per share (up 20% from IPO price)
Closing Price on BSE SME:Â INR132 per share (up 1.53% from IPO price)
