GConnect Logitech & Supply Chain Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 663,000 (47%) | — | ₹265 Cr |
| Retail | — | 663,000 (47%) | — | ₹265 Cr |
| Market Maker | — | 75,000 (5%) | — | ₹3 Cr |
| Σ Total | — | 1,401,000 (100%) | — | ₹5,604 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 | 3,000 | ₹120,000 |
| Retail (Max) | 13 | 39,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 201,000 | ₹8,040,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30 Sep 2023 | 31 Mar 2023 |
|---|---|---|
| Revenue | 213 | 101 |
| Profit After Tax | 23 | 11 |
| Net Worth | 398 | 78 |
| Total Assets | 423 | 82 |
| Total Borrowing | 166 | 60 |
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
- Purchase of Vehicles and Body Building; –
- Finance the Website Development and App Designing; and –
- General Corporate Purpose. –
Company Overview
Incorporated in July 2022, Gconnect Logitech and Supply Chain Limited provides surface logistics services, including goods transport.
The company's service offerings include bulk loads, Full Truck Loads (FTL) service, and dedicated loads.
The company has an asset-light model and works with third parties to provide necessary assets, such as vehicles.
As of September 30, 2023, the company serves approximately 24 customers, with over 8 customers having been associated with them for more than 4 years.
As of Oct. 30, 2023, the company had partnered with 4 fleet management firms and had 23 vehicles of various sizes to meet customer needs.
As of March 2024, the company has a total of 6 employees in various departments.