S J Logistics (India) Ltd IPO
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S J Logistics (India) Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 38.4 L | TBA | ₹ 12.77 L | ₹ 54.75 L | NSE | ₹ 48 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 12 Dec, 23 | 14 Dec, 23 | 1000 | ₹ 1,21,000 | Book Building - SME | 19 Dec, 23 |
S J Logistics (India) Ltd IPO Dates
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* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 1822000 | 0 |
| NII | 489.8x | 548000 | 268413000 |
| Retail | 356.33x | 1277000 | 455036000 |
| Employee | 0x | 0 | 0 |
| Total | 210.48x | 3840000 | 808243000 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
S J Logistics (India) Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 148.85 | 2.82 | 1.68 |
| EBITDA | 4.06 | 3.34 | 2.19 |
| PAT | 2.36 | 1.73 | 0.86 |
| Total Assets | 51.75 | 42.22 | 40.51 |
| Share Capital | 2.95 | 2.22 | 2.22 |
| Total Borrowings | 48.47 | 24.78 | 24.38 |
| Operating Activities (Net Cash) | 2.80 | 2.25 | 1.37 |
| Investing Activities (Net Cash) | 6.83 | 0.51 | 0.06 |
| Financing Activities (Net Cash) | 48.47 | 24.78 | 24.38 |
| Net Cashflow | 0.86 | 0.29 | 0.69 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
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.
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.
Peer Comparison:
- Cargotrans Maritime Ltd
- Patel Integrated Logistics Ltd
- Tiger Logistics (India) Ltd
- Total Transport Systems Ltd
S J Logistics (India) Ltd IPO 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.
- 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:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
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.