Cargotrans Maritime Limited

Offer PeriodSep 27, 2022 – Sep 29, 2022

Sep 27, 2022 – Sep 29, 2022

BSE - SMEListed

Listed Price:

₹70.00

(+55.56%)

Price Band₹45 - ₹45

Lot Size3,000 Shares

Allotment DateOct 04, 2022

Listing DateOct 10, 2022

Subscription148.25 Times

Issue Size₹4.86 Cr

Check Allotment

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IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹35
(77.78%)

Premium (ELP)

Cargotrans Maritime Limited's completed its IPO journey with a successful listing on BSE on Oct 10, 2022. The public offering mobilized 10,80,000 Shares in total capital, comprising 10,80,000 Shares in fresh equity.

The offering was conducted within the price band of ₹45 to ₹45, with minimum application lots of 3000 shares. Investor participation during the Sep 27, 2022 to Sep 29, 2022 subscription window determined the final allocation pattern.

The basis of allotment was announced on Oct 04, 2022, 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.

Cargotrans Maritime IPO Details

IPO Date

Sep 27, 2022 to Sep 29, 2022

Allotment Date

Oct 04, 2022

List Date

Oct 10, 2022

Lot Size

3,000 share

Issue Price

₹45 - ₹45

Issue Size

10,80,000 (aggregating up to 4.86 Cr)

Fresh Issue

10,80,000 (aggregating up to 4.86 Cr)

Offer For Sale

Listing At

BSE

Share Holding Pre-Issue

30,00,000

Share Holding Post-Issue

40,80,000

Market Marker Portion

60,000

First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.

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.

Category	Lot(s)	Qty	Amount

Category	Lot(s)	Qty	Amount
Retail (Min)	1	3000	1,35,000
HNI	2	6000	2,70,000

IPO Reservation

Shares10,80,000

Market Maker

5.56%(60,000)

NII (HNI)

47.22%(5,10,000)

RETAIL

47.22%(5,10,000)

Total

100.00%(10,80,000)

Cargotrans Maritime IPO Key Performance Indicators

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KPI

KPI
No data

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Company Financials (In Lakhs)

Period Ended	Mar-20	Mar-21	Mar-22

Period Ended	Mar-20	Mar-21	Mar-22
Assets	592.68	1071.37	1157.43
Revenue	2058.43	4941.1	8959.92
Net Worth	181	296.01	532.29
profit After Tax	27.56	115.01	236.28
Reserves And Surpluse	121	236.01	472.29
Total Borrowing	0	0	0

Cargotrans Maritime IPO About Company

Cargotrans Maritime Limited, incorporated in 2012, is an international logistics solutions provider specializing in sea logistics services, including ocean freight forwarding (FCL and LCL), transportation, customs clearance, warehousing, and other value-added services. The company operates at four seaports in Gujarat—Mundra, Hazira, Kandla, and Pipavav—and maintains a fleet of nine owned commercial trailers for container transport, supplementing with third-party transport operators to meet customer shipping demands.

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

✅Cargotrans Maritime IPO Strength Factors

Wide Range of Logistics Services: Offers comprehensive logistics solutions to meet varied needs.
Diversified Customer Base: Serves clients across multiple industry sectors.
Long-Standing Customer Relationships: Maintains trusted and ongoing client connections.
Strong Industry Relationships: Well-connected with key players in the logistics value chain.
Experienced Management Team: Led by skilled professionals with industry expertise.

⚠️Cargotrans Maritime IPO Risk Factors

🏦Cargotrans Maritime IPO Lead Manager(s)

Hem Securities Limited

👤Cargotrans Maritime IPO Promoter(s)

Edwin Alexander
Manju Edwin
Mathew Jacob
B Chandrashekhar Rao

🏢Cargotrans Maritime IPO Company Details

Cargotrans Maritime Limited

Email:info@cargotrans.in

Phone:91-90999-35142

Website:http://www.cargotrans.in/

address:DBZ-S-61A, 2nd Floor, Shyam Paragon, Gandhidham, Kachchh – 370 201

📋Cargotrans Maritime IPO Registrar

Bigshare Services Private Limited

Name:Bigshare Services Private Limited

Phone:+91-22-6263 8200

Email:ipo@bigshareonline.com

Website:https://ipo.bigshareonline.com/ipo_status.html

❓Cargotrans Maritime IPO FAQs

Cargotrans Maritime IPO is a main-board IPO of 10,80,000 equity shares of the face value of ₹10 per share aggregating up to ₹0.00 crore shares. The issue is priced at ₹45 - ₹45 per share. The minimum order quantity is .The IPO opens on Sep 27, 2022, and closes on Sep 29, 2022. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE.

Zerodha customers can apply online in Cargotrans Maritime IPO using UPI as a payment gateway. Zerodha customers can apply in Cargotrans Maritime IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Cargotrans Maritime IPO through Zerodha (1) Visit the Zerodha website and login to Console. (2) Go to Portfolio and click the IPOs link. (3) Go to the 'Cargotrans Maritime IPO' row and click the 'Bid' button. (4) Enter your UPI ID, Quantity, and Price. (5) Submit IPO application form. (6) Visit the UPI App (net banking or BHIM) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.

The Cargotrans Maritime IPO opens on Sep 27, 2022 and closes on Sep 29, 2022.

You can apply in Cargotrans Maritime IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Cargotrans Maritime IPO will be done on Oct 04, 2022, and the allotted shares will be credited to your demat account by Oct 04, 2022

Cargotrans Maritime IPO's listing date is Oct 10, 2022.

Cargotrans Maritime Limited

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹35(77.78%)

Premium (ELP)

₹35
(77.78%)