S J Logistics (India) Ltd IPO - Check Issue Date, Price, Lot Size & Details with BlinkX.

S J Logistics (India) Ltd IPO

S J Logistics (India) Limited is engaged in the business of providing logistics and supply chain solutions to its customers. Its key services include freight forwarding, custom clearance and transportation handling services. The Company is a Multimodal Transport Operator registered under the Multimodal transportation of Goods Act 1993 to carry on the business of multimodal transportation.

S J Logistics (India) Ltd IPO Details

Total Shares Offered

₹ 38,40,000

Offer to Public

TBA

Retail Max (Shares)

₹ 12,77,000

Pre Issue Promoters Holding

₹ 54,75,450

Exchange

NSE

Issue size

₹ 48 Cr

IPO Open Date

Dec 12, 2023

Close Date

Dec 14, 2023

Lot Size

1000

Min Investment

₹ 1,21,000

Issue Type

Book Building - SME

Listing Date

Dec 19, 2023

S J Logistics (India) Ltd IPO Dates

Dec 12, 2023

Opening date

Dec 14, 2023

Closing date

Dec 15, 2023

Basis of Allotment

Dec 18, 2023

Initiation of Refunds

Dec 18, 2023

Credit of Shares

Dec 19, 2023

Listing date

Details

Sector	Type
Sector	Miscellaneous
Sub Sector	NA
Issue Type	Book Building - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*
QIB	0x	1822000
NII	0x	548000
Retail	0x	1277000
Employee	0x	0
Total	0x	3840000

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

1822000

548000

1277000

3840000

S J Logistics (India) Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	502.49	270.86	148.85
EBITDA	41.87	14.06	4.08
PAT	28.35	10.07	2.36
Total Assets	169.84	81.70	50.45
Share Capital	15.24	14.48	2.95
Total Borrowings	77.02	36.57	23.02
Operating Activities (Net Cash)	30.06	10.45	2.80
Investing Activities (Net Cash)	6.80	6.80	6.80
Financing Activities (Net Cash)	77.02	36.57	23.02
Net Cashflow	0.66	0.95	0.93

About S J Logistics (India) Ltd

S J Logistics (India) Limited was originally incorporated as Private Limited Company in the name of S J Logistics (India) Private Limited under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated December 23, 2003 issued by Registrar of Companies, Maharashtra, Mumbai with CIN U63000MH2003PTC143614. Subsequently, pursuant to Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting, held on September 12, 2016, the Company was converted into a Public Limited Company and consequently the name of the Company was changed from S J Logistics (India) Private Limited to S J Logistics (India) Limited vide a fresh certificate of incorporation consequent upon conversion from private company to public company dated November 07, 2016, issued by the Registrar of Companies, Mumbai bearing CIN U63000MH2003PLC143614.

The Indian logistics industry is growing, due to a flourishing e-commerce market and technological advancement. The logistics sector in India is predicted to account for 14.4% of the GDP. One of the key drivers of this expansion is projected to be the rise of India's logistics industry, which employs 22 million people and serves as the backbone for various businesses. The logistics sector in India was valued at US$ 250 billion in 2021, with the market predicted to increase to an astounding US$ 380 billion by 2025, at a healthy 10%-12% year-on-year growth rate. Moreover, the government is planning to reduce the logistics and supply chain cost in India from 13-14% to 10% of the GDP as per industry standards.

Peer Comparison:

Cargotrans Maritime Ltd
Patel Integrated Logistics Ltd
Tiger Logistics (India) Ltd
Total Transport Systems Ltd

S J Logistics (India) Ltd Key Points

Strengths

Focus towards development of warehousing facilities.

Strengthen existing services.

Identifying new customers and increasing business with existing customer's.

Increasing its presence and expand its network.

Risk

The company is heavily dependent on third party service providers and suppliers to effectively carry on its logistics operations. Any deficiency in services provided by them or failure to maintain relationships with them could result in disruption in its operations, which could have an adverse effect on the company's business, financial condition, results of operations and cash flows.

Its logistic and freight business is largely dependent on the company customers engaged in the business of manufacturing and export of yarn and yarn commodities, any adverse impact on the yarn industry may have an adverse effect on its results of operations and financial condition.

The Company does not have Custom House Agent license.

Strategy

Focus towards development of warehousing facilities.

Strengthen existing services.

Identifying new customers and increasing business with existing customer's.

Increasing its presence and expand its network.

How To Apply for S J Logistics (India) Ltd IPO Online?

Step 1:

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the S J Logistics (India) Ltd IPO?

S J Logistics (India) Ltd's IPO offers shares for up to 48 It begins on Dec 12, 2023 and ends on Dec 14, 2023.

What is the price of the S J Logistics (India) Ltd IPO?

The price of S J Logistics (India) Ltd IPO ranges between ₹121 to ₹125 per share.

What are the open and close dates for the S J Logistics (India) Ltd IPO?

The S J Logistics (India) Ltd IPO opens on Dec 12, 2023 and closes on Dec 14, 2023.

When will the S J Logistics (India) Ltd IPO be allotted?

The allotment for the S J Logistics (India) Ltd IPO will be finalised on Dec 15, 2023. The shares will be listed on BSE and NSE on Dec 19, 2023.

What is the minimum lot size required for S J Logistics (India) Ltd IPO?

The minimum lot size for S J Logistics (India) Ltd IPO is 1000 shares, priced between ₹121 to ₹125 per share.

What is the GMP of S J Logistics (India) Ltd IPO?

The GMP (Grey Market Premium) of S J Logistics (India) Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of S J Logistics (India) Ltd IPO?

To check the allotment status of S J Logistics (India) Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the S J Logistics (India) Ltd IPO getting listed?

The S J Logistics (India) Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Dec 12, 2023, and closes on Dec 14, 2023. The allotment is finalised on Dec 15, 2023.

How do you apply for the S J Logistics (India) Ltd IPO?

To apply for the S J Logistics (India) Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.