Cargotrans Maritime IPO is an international logistics solutions provider. The company’s core business is providing sea logistics services including ocean freight forwarding (FCL and LCL), transportation, customs clearance, warehousing and other value-added services to clients.
Cargotrans Maritime IPO – Overview
| IPO Dates | 27-29 sept 2022. |
| IPO Price | INR 45 per share |
| Fresh issue | 1,080,000 shares (INR 4.86 crore) |
| Offer For Sale | NIl |
| Total IPO size | 1,080,000 shares (INR 4.86 crore) |
| Minimum bid (lot size) | 3000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
Cargotrans Maritime IPO -Tentative Dates
| IPO Offer Opening Date | 27 September 2022 |
| IPO Closing Date | 29 September 2022 |
| Finalisation of Basis of Allotment | 4 October 2022 |
| Initiation of refunds | 6 October 2022 |
| Transfer of shares to demat accounts | 7 October 2022 |
| IPO Listing Date | 10 October 2022 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Company Overview
Incorporated in 2012, Cargotrans Maritime Limited is an international logistics solutions provider. The company’s core business is providing sea logistics services including ocean freight forwarding (FCL and LCL), transportation, customs clearance, warehousing and other value-added services to clients.
The company operates at 4 seaports in Gujarat i.e., Mundra, Hazira, Kandla and Pipavav. Currently, Cargotrans Maritime operates a fleet of 9 owned commercial trailers for moving containers and apart from this company also hires third-party transport operators to meet the shipping demand of the customers.
Competitive Strengths
- Wide range of logistics services and solutions.
- Diversified customer base across varied industry verticals.
- Long standing relationship with Customers.
- Strong relationship with constituents of logistics value chain.
- Experienced Management team.
Objects of the Issue
- Funding additional Working capital requirements
- General Corporate Purposes
Company Financials
| Particulars | 31-March-22 | 31-June-21 | 31-Mar-20 |
| Total Assets | 1157.43 | 1071.37 | 592.68 |
| Total Revenue | 8959.92 | 4941.1 | 2058.43 |
| Profit After Tax | 236.28 | 115.01 | 27.56 |
Company Contact Information
Cargotrans Maritime Limited
DBZ-S-61A, 2nd Floor,
Shyam Paragon, Gandhidham,
Kachchh – 370 201
Phone: 91-90999-35142
Email: info@cargotrans.in
Website: http://www.cargotrans.in/
Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Lead Manager(s)
- Hem Securities Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
