Shreeji Translogistics Limited is a well-established logistics company in India, offering a comprehensive range of services to meet the varied needs of its clients. The company has been in operation for over 25 years and has gained a reputation for providing reliable, efficient and cost-effective logistics solutions. With an ISO 9001:2015 certification, the company maintains high standards of quality in its operations.
One of the key strengths of Shreeji Translogistics Limited is its strong fleet of commercial vehicles. The company owns and operates 229 trucks and has more than 500 outsourced trucks at its disposal. The trucks are of different types, designs, and sizes, and have varying capacities to transport different types of goods. The company uses container trucks for transporting parcels, while platform trucks are mainly used for the transportation of heavy-duty goods such as automotive parts and machinery. With such a diverse fleet of vehicles, the company is well-equipped to handle a wide range of logistics requirements.
Shreeji Translogistics IPO Details
| IPO Date | Sep 29, 2017 to Oct 5, 2017 |
| Listing Date | Oct 13, 2017 |
| Face Value | ₹10 per share |
| Price | ₹130 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 954,000 shares (aggregating up to ₹12.40 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
Shreeji Translogistics IPO Listing Details
| Listing Date | Oct 13, 2017 |
| BSE Script Code | 540738 |
| NSE Symbol | |
| ISIN | INE402Y01010 |
| Final Issue Price | ₹130 per share |
Industry Overview
The logistics industry includes a wide range of activities such as transportation, warehousing, inventory management, and freight forwarding, among others. In India, the logistics industry has been growing rapidly over the past few years, driven by factors such as increasing globalization, growth in e-commerce, and government initiatives to improve infrastructure.
According to a report by Grand View Research, the Indian logistics market size was valued at USD 216.78 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 10.5% from 2021 to 2028. The growth of the logistics industry is being driven by factors such as increasing trade volumes, the emergence of new business models, and the adoption of technology in logistics operations.
Company Financials
| Shreeji Translogistics’ financial performance (in INR crore) | ||||||
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | ||
| Total revenue | 67.9 | 81.4 | 93.2 | 88.5 | 87.7 | |
| Total expenses | 66.7 | 80.7 | 92.4 | 86.8 | 85.3 | |
| Profit after tax | 1.0 | 0.2 | 0.5 | 1.0 | 1.6 | |
Objects of the Issue
The object of the issue are:
1. Funding Working Capital Requirement; and
2. Funding expenditure for General Corporate Purposes.
Shreeji Translogistics IPO Prospectus
Company Contact Information
Shreeji Translogistics Ltd
Shreeji Krupa,
Plot No. 107, Sector No. 19C,
Vashi, Navi Mumbai – 400 705
Phone: +91 � 22 � 4074 6666
Email: info@shreejitransport.com
Website: http://www.shreejitranslogistics.com
Shreeji Translogistics IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Shreeji Translogistics IPO Lead Manager(s)
- Aryaman Financial Services Limited (Past IPO Performance)
