Navkar Corp.Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 19,354,838 (50%) | — | ₹30,000 Cr |
| NII (HNI) | — | 5,806,451 (15%) | — | ₹9,000 Cr |
| Retail | — | 13,548,387 (35%) | — | ₹21,000 Cr |
| Σ Total | — | 38,709,676 (100%) | — | ₹600,000 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 | 95 | ₹14,725 |
| Retail (Max) | 13 | 1,235 | ₹191,425 |
| S-HNI (Min) | 14 | 1,330 | ₹206,150 |
| B-HNI (Min) | 67 | 6,365 | ₹986,575 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 15 | 31 Mar 14 | 31 Mar 13 |
|---|---|---|---|
| Revenue | 332 | 370 | 338 |
| Profit After Tax | 74 | 90 | 57 |
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
- 1 Cap acity enhancement of the Somathane CFS – 114.53
- 2 Develop ment of the non-notified areas of our CFSs – 54.25
- 3 Establishment of a logistics park at Valsad (near Vap i) – 314.56
Company Overview
Navkar Corporation Limited is CFS operator in India with three CFSs, Ajivali CFS I and Ajivali CFS II at Ajivali and Somathane CFS at Somathane, which are strategically located in Panvel, Maharashtra.
Container freight stations (CFSs) and inland container depots (ICDs) are common user facilities with public authority status equipped with fixed installations.
As of December 31, 2014, our CFSs had an aggregate installed handling capacity of 310,000 TEUs per annum on the basis of our then current infrastructure and operating equipment.
Company have a private railway freight terminal (PFT) which allows us to load and unload cargo from container trains operating between our Somathane CFS and the JN Port and to transport domestic cargo to and from inland destinations on the Indian rail netwrk. As of December 31, 2014, we also own and operate 461 trailers for the transportation of cargo between our CFSs and the JN Port by road.