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Brace Port Logistics Limited IPO of 30.51 lakh shares (Brace Port Logistics IPO) Detail

The issue is entirely a fresh issue of 30.51 lakh shares. Brace Port Logistics IPO is a book built issue of 30.51 lakh shares.

Brace Port Logistics IPO dates are yet to be announced.

Brace Port Logistics IPO price bands are yet to be announced.

Holani Consultants Private Limited is the book running lead manager of the Brace Port Logistics IPO, while Link Intime India Private Ltd is the registrar for the issue.

About Brace Port Logistics Limited

Incorporated in November 2020, Brace Port Logistics Limited is a company that specializes in providing ocean cargo logistics services to clients across various sectors of the economy.

The company also provides services such as Air Freight, Warehousing facilities, special cargo services such as handling cargo in foreign countries and delivery of the same in other foreign countries and customs clearance services.

The company has a strong network that serves customers in various industries including medical supplies, pharmaceuticals, sports goods, perishables, electronics, consumer durables, and automotive, both in India and globally.

The company provide services to countries such as Germany, Vietnam, UAE, Hongkong and Bangladesh.

The company is certified for Quality Management Systems (ISO ISO 9001:2015), Environmental Management System (ISO 14001:2015), and Occupational Health and Safety Management System (ISO 45001:2015).

On August 31, 2023, the company employed 20 people. They worked in departments such as Accounts & Finance, Compliance, Maintenance, Marketing & Logistics, Production & Operations, Quality, Top-Level Management, and Permanent Labor.

Refer to Brace Port Logistics IPO DRHP  for detailed information.

Brace Port Logistics IPO Details

IPO Dateto
Listing Date[.]
Face Value₹10 per share
Price[.] to [.] per share
Lot Size
Total Issue Size3,051,200 shares(aggregating up to ₹[.] Cr)
Fresh Issue3,051,200 shares(aggregating up to ₹[.] Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue8,250,000
Share holding post issue11,301,200
Market Maker portion155,200 shares

Brace Port Logistics IPO Reservation

Investor CategoryShares Offered
QIB Shares OfferedNot more than 50.00% of the Net offer
Retail Shares OfferedNot less than 35.00% of the Offer
NII (HNI) Shares OfferedNot less than 15.00% of the Offer

Brace Port Logistics IPO Promoter Holding

The promoters of the company are Skyways Air Services Private Limited, Mr. Yash Pal Sharma, Mr. Tarun Sharma, Mr. Sachin Arora and Mr. Rishi Trehan.

Share Holding Pre Issue96.04%
Share Holding Post Issue

Brace Port Logistics Limited Financial Information (Restated Standalone)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets1,310.781,179.14409.61
Revenue7,093.665,419.57706.25
Profit After Tax618.09322.3922.57
Net Worth888.05419.9697.57
Reserves and Surplus813.05344.9622.57
Total Borrowing59.165.62

Objects of the Issue (Brace Port Logistics IPO Objectives)

The company proposes to utilize the Net Proceeds of the Fresh Issue towards funding the following objects:

Brace Port Logistics Limited Contact Details

Brace Port Logistics Limited
A-182, Mahipalpur Extension,
5, Road No 4,
South Delhi, Mahipalpur-New Delhi-110037
Phone: 011 – 41729003
Email: cs@braceport-logistics.com
Websitehttp://www.braceport-logistics.com/

 

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