Brace Port Logistics Limited
IPO Details
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Lot Distribution
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Company Fin.
₹116(145.00%)
Premium (ELP)
Brace Port Logistics Limited's completed its IPO journey with a successful listing on NSE on Aug 26, 2024. The public offering mobilized 30,51,200 Shares in total capital, comprising 30,51,200 Shares in fresh equity.
The offering was conducted within the price band of ₹76 to ₹80, with minimum application lots of 1600 shares. Investor participation during the Aug 19, 2024 to Aug 21, 2024 subscription window determined the final allocation pattern.
The basis of allotment was announced on Aug 22, 2024, finalizing share distribution to successful applicants. The listing represents a significant corporate development, providing the company with enhanced visibility and access to public capital markets.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Brace Port Logistics Limited, founded in November 2020, is a growing logistics service provider offering ocean and air freight, warehousing, special cargo handling, and customs clearance. Serving industries like medical supplies, pharmaceuticals, and electronics, the company operates globally with a strong presence in Germany, Vietnam, UAE, Hong Kong, and Bangladesh. Focused on quality and safety, Brace Port holds ISO certifications for quality management, environmental management, and occupational health and safety. With a dedicated team of 20 employees, the company continues to expand its operations and global reach.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Experienced Leadership: A skilled team with a highly qualified workforce ensures strong management and operations.
- Trusted Client Relationships: Long-term partnerships built on trust and loyalty help sustain business growth.
- Wide Market Presence: A strong footprint across India and globally helps reach a broad customer base.
- Dependence on Key Customers: Relying on a few major clients means losing one or getting less business from them could impact revenu
- Reliance on Third-Party Services: Depending on external providers can lead to delays and disruptions, affecting customer satisfaction and reputation.
- Trademark Challenges: Uncertainty in trademark registration could affect brand protection, making it harder to secure a strong market position.
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