Transvoy Logistics India Limited, a 2015 incorporation, provides comprehensive logistics solutions. The business provides NVOCC, freight forwarding, customs clearance, transportation handling, and advice on the trading of MEIS licences, among other services.
Transvoy Logistics IPO Details
| IPO Dates | 20 – 24 January 2023 |
| IPO Price | INR 71 per share |
| Fresh issue | 7,20,000 shares (INR 5.11 crore) |
| Offer For Sale | Nil |
| Total IPO size | 7,20,000 shares (INR 5.11 crore) |
| Minimum bid (lot size) | 1,600 shares (INR 113,600) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Transvoy Logistics IPO Dates
| IPO Opening Date | 20 January 2023 |
| IPO Closing Date | 24 January 2023 |
| Finalisation of Basis of Allotment | 30 January 2023 |
| Initiation of refunds | 31 January 2023 |
| Transfer of shares to demat accounts | 1 February 2023 |
| IPO Listing Date | 2 February 2023 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Company Overview
Providing integrated logistics solutions is what Transvoy Logistics India does. Its primary areas of expertise are NVOCC, freight forwarding, custom clearance, handling local and international transportation, and advice on trading in MEIS licences. It primarily serves clients in India, China, the Middle East, Sri Lanka, Singapore, and Malaysia as of the date of this prospectus.
The business is aware that customers have particular shipping-related needs. As a result, it spends a lot of time getting to know each client personally and learning about their unique needs. In keeping with the general trend, the company had already made steps to outsource vendors and business partners, enabling it to offer a variety of services at reasonable prices.
The following categories might be used to group the company’s key businesses:
Forwarding Freight Customs Clearance
Services for Allied Logistics and Transportation
Company Financial Performance
| FY 2020 | FY 2021 | FY 2022 | Up to 25 Nov 2022 | |
| Revenue | 42.67 | 62.21 | 502.99 | 1,047.95 |
| Expenses | 41.68 | 60.76 | 424.25 | 1,001.56 |
| Net income | 1.33 | 1.18 | 56.69 | 34.48 |
Objects of the Issue
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
- To Meet Working Capital Requirements
- Investment in Subsidiary for Purchase of Containers
- General Corporate Purpose
- To meet Public Issue Expenses
Transvoy Logistics India IPO Prospectus
Company Contact Information
Transvoy Logistics India Limited
B-504, Mondeal Heights, B/S Novotel Hotel,
S.G. Highway,
Ahmedabad -380015
Phone: 079 – 29705456
Email: info@transvoy.com
Website: http://www.transvoy.com/
Transvoy Logistics India IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: translogic.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Transvoy Logistics India IPO Lead Manager(s)
- Beeline Capital Advisors Pvt Ltd (Past IPO Performance)
