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Brace Port Logistics Ltd

Brace Port Logistics Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹80
₹80
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹80
Based on GMP
Min. Investment
₹128,000
1 lot × 1600 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
19 Aug 2024
Close Date
21 Aug 2024
Allotment
22 Aug 2024
Listing Date
26 Aug 2024
Exchange
NSE SME
Price Band
₹80
Listing Price
See chart
Allotment Status
Price Band
₹80
Per share
Face Value
₹10 per share
 
Lot Size
1,600 Shares
per lot
Issue Size
30,51,200 shares (aggregating up to ₹24.41 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹128,000
1 lot
Pre-IPO Holding
82,50,000 shares
Promoters
Post-IPO Holding
1,13,01,200 shares
Promoters
P/E (Pre)
13.49x
 
P/E (Post)
18.48x
 
EPS (Pre)
₹5.93
 
EPS (Post)
₹4.33
 
UPI Deadline
2024-08-21
Mandate
Anchor AllotmentSun, 18 Aug 2024
Basis of AllotmentThu, 22 Aug 2024
Refund InitiationFri, 23 Aug 2024
Demat CreditFri, 23 Aug 2024
Listing DayMon, 26 Aug 2024
UPI Mandate Deadline2024-08-21
Sale TypeFresh Capital
Net Offer to Public28,96,000 shares (aggregating up to ₹23.17 Cr)
Market Maker Quota1,55,200 shares (aggregating up to ₹1.24 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Brace Port Logistics Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 21 Aug 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
155,200
₹1.24
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
3,051,200
100% ₹24.41
IPO Shares Offered
Brace Port Logistics Ltd IPO total issue size: ₹24.41 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 155,200 ₹1.24
5.09%
Total 3,051,200 ₹24.41
100.00%
* Based on upper price band ₹80 per share
Lot Size & Investment
Lot Size
1,600
Shares per Lot
Issue Price
₹80.00
Upper Band
Min Investment
₹128,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)23,200₹256,000
Retail (Max — 13 Lots)1320,800₹1,664,000
S-HNI (Min — 14 Lots)1422,400₹1,792,000
B-HNI (Min — 68 Lots)68108,800₹8,704,000
* Issue Price ₹80 × Lot Size 1,600 shares
IPO Schedule
Anchor
18 Aug 2024
✓ Done
IPO Open
19 Aug 2024
✓ Done
IPO Close
21 Aug 2024
✓ Done
Allotment
22 Aug 2024
✓ Done
Refunds
23 Aug 2024
✓ Done
Demat Credit
23 Aug 2024
✓ Done
Listing Day
26 Aug 2024
✓ Done
Brace Port Logistics Ltd — Live Price LIVE
₹80.00
INR · NSE
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Issue ₹80.00 Live Price
About Brace Port Logistics Ltd
Incorporated in November 2020, Brace Port Logistics Limited is a company that specializes in providing ocean cargo logistics services to clients across various sectors of the economy.The company also provides services such as Air Freight, Warehousing facilities, special cargo services such as handling cargo in foreign countries and delivery of the same in other foreign countries and customs clearance services.The company has a strong network that serves customers in various industries including medical supplies, pharmaceuticals, sports goods, perishables, electronics, consumer durables, and automotive, both in India and globally.The company provide services to countries such as Germany, Vietnam, UAE, Hongkong and Bangladesh.The company is certified for Quality Management Systems (ISO ISO 9001:2015), Environmental Management System (ISO 14001:2015), and Occupational Health and Safety Management System (ISO 45001:2015).On August 31, 2023, the company employed 20 people. They worked in departments such as Accounts & Finance, Compliance, Maintenance, Marketing & Logistics, Production & Operations, Quality, Top-Level Management, and Permanent Labor.
Objects of the Issue
1
Funding the working capital requirements of the company
2
Funding the working capital requirements of the company
Brace Port Logistics Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹5,419.6
31 Mar 2022
₹7,093.7
31 Mar 2023
₹5,524.6
31 Mar 2024
Profit After Tax (PAT)
₹322,390.0
31 Mar 2022
₹618.1
31 Mar 2023
₹489.1
31 Mar 2024
Particulars31 Mar 202431 Mar 202331 Mar 2022
Revenue from Operations 5524.59 7093.66 5419.57
EBITDA N/A N/A N/A
Profit After Tax (PAT) 489.13 618.09 322390.04
Net Worth 1377.18 888.05 419.96
Total Assets 2783.29 1310.78 1179.14
Reserves & Surplus 552.17 813.05 344.96
Borrowings 48.97 59.10 N/A
EBITDA Margin (%) N/A
PAT Margin (%) 8.89%
P/BV Ratio
4.79
RoE
43.19%
RoCE
47.05%
RoNW
35.52%
PAT Margin
8.89%
Debt/Equity
0.04
Issue Structure & Shareholding
Total Shares Offered30,51,200 (100.00%)
Net Offer to Public28,96,000 shares (aggregating up to ₹23.17 Cr)
Reserved for Market Maker1,55,200 shares (aggregating up to ₹1.24 Cr)
Pre-Issue Promoter Holding82,50,000 shares
Post-Issue Promoter Holding1,13,01,200 shares
P/BV Ratio4.79
RoE43.19%
RoCE47.05%
Debt / Equity0.04
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Holani Consultants Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Brace Port Logistics Ltd IPO subscribed?

Brace Port Logistics Ltd IPO is subscribed 1.00 times by Aug 21, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Brace Port Logistics Ltd IPO retail subscription status?

The Brace Port Logistics Ltd IPO retail category is subscribed 1.00 times as of 21 Aug 2024. The retail portion is oversubscribed.

How to subscribe Brace Port Logistics Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 19 Aug 2024 and closes 21 Aug 2024. Min investment: ₹128,000 (1 lot = 1,600 shares). UPI mandate: 2024-08-21.

How many times Brace Port Logistics Ltd IPO subscribed?

The Brace Port Logistics Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Brace Port Logistics Ltd IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 22 Aug 2024. Refunds: on 23 Aug 2024.

When Brace Port Logistics Ltd IPO will be listed?

The Brace Port Logistics Ltd IPO listing date is 26 Aug 2024, Monday. Listed on: NSE SME. Issue price: ₹80. Estimated listing: ₹80. GMP: NIL.

When Brace Port Logistics Ltd IPO close?

The Brace Port Logistics Ltd IPO closes on 21 Aug 2024, Wednesday. UPI mandate: 2024-08-21. Allotment: 22 Aug 2024. Listing: 26 Aug 2024.