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Transvoy Logistics India IPO GMP, Price, Dates & Allotment Details 2023

Transvoy Logistics India IPO GMP, Price, Dates & Allotment Details 2023

Transvoy Logistics India IPO will open on January 20 and close on January 24, 2023. As per the DRHP filed with SEBI, the company intends to raise approximately ₹ 5.11 crore through this public offering, consisting of 720,000 shares of face value of ₹ 10 each. Which will be issued at a price of ₹ 71 per share.

Incorporation in 2015. Transvoy Logistics India provides integrated logistics solutions. The company’s primary areas of specialisation include NVOCC, freight forwarding, customs clearing, handling local and international transportation, and trading MEIS licences. It primarily offers services to the nations that make up our clients’ markets, particularly Malaysia, Singapore, Singapore, Sri Lanka, the Middle East, and India.

The following categories can be used to group its key businesses:

  1. Freight Forwarding
  2. Customs Clearance 
  3. Allied Logistics and Transportation Services

Objects of the Issue

The company proposes to utilize the net proceeds of the Fresh Issue towards funding the following objects:

  1. To Meet Working Capital Requirements
  2. Investment in Subsidiary for Purchase of Containers
  3. General Corporate Purpose
  4. To meet Public Issue Expenses

Financial Highlights (Consolidated)

ParticularsPeriod ended on 25th Nov. 2022
Net Worth230.69
Total Assets826.06
Total Revenue1083.07
Profit After Tax35.67
Total Borrowing211.32
(Amount in ₹ Lakhs)

Transvoy Logistics India IPO – Details

According to the DRHP filed with SEBI, the company plans to issue 720,000 shares of face value of ₹ 10 each, aggregating up to ₹ 5.11 crore.

Issue TypeFixed Price Issue IPO
IPO Price₹ 71 per share
Face Value₹ 10 per share
Market Lot1,600 shares
Issue Size720,000 shares of ₹ 10 (Aggregating up to ₹ 5.11 Crore)
Fresh Issue720,000 shares of ₹ 10 (Aggregating up to ₹ 5.11 Crore)
NII (HNI) Shares Offered50% of the Net Issue
Retail Shares Offered50% of the Net Issue
Listing AtBSE SME
Promoters1. Mr. Ravindrakumar Kumarchandra Joshi
2. Mr. Naitik Ravindrakumar Joshi
3. Mrs. Dipti Ravindrabhai Joshi 

GMP – Transvoy Logistics India IPO

Transvoy Logistics India IPO GMP, or Grey Market Premium, are available here. The IPO GMP Premium updated day by day for IPOs’ running periods, and the GMP rates fluctuate and became stable some time later. The GMP rates are not 100% guaranteed. Please click here for GMP details.

Tentative Dates – Transvoy Logistics India IPO

Transvoy Logistics India IPO opens on January 20 and closes on January 24, 2023.

Opening DateJanuary 20, 2023
Closing DateJanuary 24, 2023
Basis of AllotmentJanuary 30, 2023
Initiation of RefundsJanuary 31, 2023
Credit of shares to Demat A/cFebruary 1, 2023
Listing DateFebruary 2, 2023

Lot Size – Transvoy Logistics India IPO

The lot size of the Transvoy Logistics IPO is 1,600 shares. A retail-individual investor can apply for up to 1 lot, i.e., 1,600 shares of  ₹ 113,600.

ApplicationsLotsSharesAmount 
Retail (Minimum)11,600₹ 113,600
Retail (Maximum)11,600₹ 113,600
HNI (Minimum)23,200₹ 227,200

Promoters Holdings – Transvoy Logistics India IPO

Pre-issue Shares Holdings97.94%
Post-issue Shares Holdings71.46%

SWOT Analysis – Transvoy Logistics India

STRENGTHSWEAKNESSES
1. Asset light business model.
2. Experienced team.
3. Established business relations.
1. Dependency on third party service providers.
2. Lack of brand awareness.
3. Lack of firm arrangement of finance.
OPPORTUNITIESTHREATS
1. Expanding new geographical markets.
2. Opportunities in other value added services.
3. Government support to increase export.
1. Easy entry of other players.
2. Competition from organized and unorganized players.
3. Change in government policies.

Miscellaneous Information

Download Prospectus (PDF)IPO DRHP
Company Contact InformationTransvoy Logistics India Limited
B-504, Mondeal Heights, B/S Novotel Hotel, S.G. Highway, Ahmedabad -380015
Phone: 079 – 29705456
Email: [email protected]
Website: http://www.transvoy.com/
IPO RegistrarLink Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/
IPO Lead Manager(s)Beeline Capital Advisors Pvt Ltd 

FAQ’s

The Transvoy Logistics India IPO price is ₹ 71 per share.

One lot of Transvoy Logistics India IPO contains 1,600 shares of ₹ 113,600.

The minimum investment size is one lot for retail investors.

The finalisation of the basis of allotment for the Transvoy Logistics India IPO will be done on January 30, 2023, and the allotted shares will be credited to your demat account by February 1, 2023.  Check the Transvoy Logistics India IPO allotment status.

The Transvoy Logistics India IPO shares listing date is February 2, 2023.

The investors’ portion for NII (HNI) – 50%, and Retail – 50%.

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