Transvoy Logistics IPO: GMP, Price, Size, Dates

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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 
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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: 

  1. To Meet Working Capital Requirements 
  1. Investment in Subsidiary for Purchase of Containers 
  1. General Corporate Purpose 
  1. 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
Websitehttp://www.transvoy.com/

Transvoy Logistics India IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: translogic.ipo@linkintime.co.in
Websitehttps://linkintime.co.in/

Transvoy Logistics India IPO Lead Manager(s)

  1. Beeline Capital Advisors Pvt Ltd (Past IPO Performance)

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