Brace Port Logistics Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 896,000 (29%) | — | ₹717 Cr |
| NII (HNI) | — | 800,000 (26%) | — | ₹640 Cr |
| Retail | — | 1,200,000 (39%) | — | ₹960 Cr |
| Market Maker | — | 155,200 (5%) | — | ₹12 Cr |
| Σ Total | — | 3,051,200 (100%) | — | ₹24,410 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹128,000 |
| Retail (Max) | 13 | 20,800 | ₹1,664,000 |
| S-HNI (Min) | 14 | 22,400 | ₹1,792,000 |
| B-HNI (Min) | 67 | 107,200 | ₹8,576,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 5,525 | 7,094 | 5,420 |
| Profit After Tax | 489 | 618 | 322,390 |
| Net Worth | 1,377 | 888 | 420 |
| Total Assets | 2,783 | 1,311 | 1,179 |
| Reserves & Surplus | 552 | 813 | 345 |
| Total Borrowing | 49 | 59 | — |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding the working capital requirements of the company –
- Funding the working capital requirements of the company –
Company Overview
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.