Tiger Logistics (India) Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 540,000 (47%) | — | ₹356 Cr |
| Retail | — | 540,000 (47%) | — | ₹356 Cr |
| Market Maker | — | 58,000 (5%) | — | ₹4 Cr |
| Σ Total | — | 1,140,000 (100%) | — | ₹7,524 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 | 2,000 | ₹132,000 |
| Retail (Max) | 13 | 26,000 | ₹1,716,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,848,000 |
| B-HNI (Min) | 67 | 134,000 | ₹8,844,000 |
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 Working Capital Requirement – 6.40
- 2 General Corporate Purpose – 0.62
- 3 Issue Expenses – 0.50
Company Overview
Incorporated in 2000, Tiger Logistics (India) Ltd is engaged in the field of third party logistics providing. It has registered office at New Delhi and offices at Mumbai, Pune, Mundra, Luthiana and Kolkatta. The company has multi-model transport as well as custom house agent licenses.
Tiger Logistics (India) Ltd work as International Freight Forwarders, Custom Clearance Agents, Transporters, Custom Consultants and Project Transportation Specialists. Company provides both inbound and outbound logistics solutions to various large corporates and multinational companies in India and abroad.
In March 2005 Tiger Logistics issued 10000 shares at a price of Rs. 190 per share. In March 2007 they issued bonus in the ratio of 34 shares for every 1 share held. In February 2008 it issued 2030000 shares at par to take the paid up capital at Rs. 3.08 crore.