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Cargosol Logistics Limited IPO

Cargosol Logistics Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
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Lot Size:
Subscription:
Listed Price: ₹ 42.40 (+51.43%)

Cargosol Logistics Limited's successfully transitioned to public market status with its listing on BSE on 10-10-2022. The IPO mobilized 27,00,000 Shares in cumulative capital, including 27,00,000 Shares for corporate expansion.

The public offering was conducted within the price parameters of ₹28 to ₹28, with minimum investment lots of 4000 shares. subscription activity between 20-09-2022 and 30-09-2022 demonstrated market reception to the company's valuation and growth narrative.

The allotment process concluded on 06-10-2022, finalizing share distribution to successful bidders. The listing represents a transformational event, providing the company with enhanced market visibility, regulatory compliance framework, and access to diversified investor capital.

Cargosol Logistics IPO Details
Lot(s) Distribution

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.

IPO Reservation
Cargosol Logistics IPO Key Performance Indicator
Company Financials ( In Lakhs )

Cargosol Logistics IPO About Company

Incorporated in 2003, Cargosol Logistics Limited is a full-service 3PL provider offering end-to-end logistics and supply chain solutions, including multimodal transport operations, container operations, sea and air freight, transportation, warehousing, customs clearance and project cargo handling. The company also provides NVOCC services across regions such as the Indian Subcontinent, Middle East, Upper Gulf, Southeast Asia and parts of Europe through strategic slot arrangements with feeder and mainline operators. Headquartered in Mumbai, Cargosol has a strong presence in Kalamboli, Pune, New Delhi and Chennai, along with a well-connected warehouse in Thane serving key manufacturing and consumption clusters. Its diverse customer base spans sectors like automotive, heavy engineering, telecom, FMCG, food, agro, paint and dairy. The company reported revenues of Rs. 135.17 crore for the period ending December 31, 2021, and Rs. 103.59 crore, Rs. 64.12 crore and Rs. 55.90 crore for FY 2021, 2020 and 2019 respectively.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Cargosol Logistics IPO Strength Factors

NA


Cargosol Logistics IPO Risk Factors

NA


Cargosol Logistics IPO Lead Manager(s)

  • Hem Securities Limited

Cargosol Logistics IPO Promoter(s)

  1. Mr. Roshan Kishanchand Rohira
  2. Mr. Samuel Janathan Muliyil

Cargosol Logistics IPO Company Details

Cargosol Logistics Limited
Phone:
address:

Cargosol Logistics IPO Registrar

Link Intime India Private Limited
Name:
Phone:

Cargosol Logistics IPO FAQs