Shreeji Translogistics IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 453,000 (47%) | — | ₹589 Cr |
| Retail | — | 453,000 (47%) | — | ₹589 Cr |
| Market Maker | — | 48,000 (5%) | — | ₹6 Cr |
| Σ Total | — | 954,000 (100%) | — | ₹12,402 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 | 1,000 | ₹130,000 |
| Retail (Max) | 13 | 13,000 | ₹1,690,000 |
| S-HNI (Min) | 14 | 14,000 | ₹1,820,000 |
| B-HNI (Min) | 67 | 67,000 | ₹8,710,000 |
Financial Statements Amount in Lacs
| Metric | 31.03.2017 | 31.03.2016 | 31.03.2015 |
|---|---|---|---|
| Revenue | 8,671 | 8,736 | 9,186 |
| Profit After Tax | 158 | 104 | 47 |
| Net Worth | 1,465 | 1,307 | 1,203 |
| Total Assets | 4,812 | 3,956 | 4,199 |
| Reserves & Surplus | 1,136 | 1,213 | 1,109 |
| Total Borrowing | 8,748,839 | 8,748,839 | 8,748,839 |
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 Working Capital Requirement – 1.96
- Expenditure for General Corporate Purposes – 0.52
Company Overview
Incorporated in 1994, Shreeji Translogistics Limited is an ISO 9001:2015 certified company provides logistics and parcel delivery services in India. They offer various types of services which includes Full Truck Load Transport Services, Parcel and Part Truck Load Services/ less than Truck Load (LTL), Import- Export Services and Bonded Trucking Services.
They own and operate a strong fleet of commercial vehicles consisting of 229 owned trucks and more than 500 outsourced trucks. They operate different types of trucks on the basis of design and size along with varying capacities. Their Container Trucks are used for transportation of parcels, while Platform Trucks are mainly used for import export containers, and also for transportation of heavy duty goods like automotive parts and machineries
They serve a broad range of industries, including the fast moving consumer goods (FMCG), white goods, food, textiles and apparel, furniture and fixture, pharmaceutical, plastics and metal. They have in-house preventive maintenance as well as annual maintenance contracts (AMC) with TATA Motors and Ashok Leyland for regular maintenance of the vehicles.