Shree Vasu Logistics IPO is set to make its debut on 23rd May 18 with 9.29 Cr is a company engaged in providing various logistic services such as acting as Carrying and Forwarding Agent, Warehousing.
Shree Vasu Logistics IPO – overview
| IPO Dates | 23-25 May 18 |
| IPO Price | INR 45 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 2,064,000 shares (INR 9.29 crore) |
| Minimum bid (lot size) | 4000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Shree Vasu Logistics IPO – Tentative Dates
| IPO Offer Opening Date | 23 May 2018 |
| IPO Closing Date | 25 May 2018 |
| Finalization of Basis of Allotment | 30 May 2018 |
| Initiation of refunds | 31 May 2018 |
| Transfer of shares to demat accounts | 1 June 2018 |
| IPO Listing Date | 4 June 2018 |
Company Overview
Incorporated in 2007, Chhattisgarh based Shree Vasu Logistics Limited is a company engaged in providing various logistic services such as acting as Carrying and Forwarding Agent, Warehousing and Inventory Management and Distribution Management through Secondary Transportation.
Shree Vasu has positioned itself as a third-party Logistics Services Provider (LSP). It operates the business mainly through carrying and forwarding agent model in the domestic market. At present, it is serving diverse industries like FMCG, Automotives, food, Electronics, Industrial Equipment’s and Electricals, Lifestyle Products etc.
The company has 366 employees on its payroll.
Objects of the Issue
1. Funding the working capital requirements of the Company
2. General corporate purposes.
Company Financials
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
| Total Assets | 3,415.44 | 2,784.96 | 57.95 |
| Total Revenue | 2769.19 | 2302.46 | 2178.03 |
| Profit After Tax | 78.69 | 75.62 | 66.18 |
Company Contact Information
Shree Vasu Logistics Limited
Logistics Park
Opp. Jaika Automobiles
Ring Road No. 1 Raipur 492001
Phone: 0771-6614848
Email: cs@logisticpark.biz
Website: http://www.shreevasulogistics.com
Shree Vasu Logistics IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Shree Vasu Logistics IPO Lead Manager(s)
- Pantomath Capital Advisors Pvt Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
