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:
- Freight Forwarding
- Customs Clearance
- 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:
- To Meet Working Capital Requirements
- Investment in Subsidiary for Purchase of Containers
- General Corporate Purpose
- To meet Public Issue Expenses
Financial Highlights (Consolidated)
| Particulars | Period ended on 25th Nov. 2022 |
|---|---|
| Net Worth | 230.69 |
| Total Assets | 826.06 |
| Total Revenue | 1083.07 |
| Profit After Tax | 35.67 |
| Total Borrowing | 211.32 |
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 Type | Fixed Price Issue IPO |
| IPO Price | ₹ 71 per share |
| Face Value | ₹ 10 per share |
| Market Lot | 1,600 shares |
| Issue Size | 720,000 shares of ₹ 10 (Aggregating up to ₹ 5.11 Crore) |
| Fresh Issue | 720,000 shares of ₹ 10 (Aggregating up to ₹ 5.11 Crore) |
| NII (HNI) Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
| Listing At | BSE SME |
| Promoters | 1. 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 Date | January 20, 2023 |
| Closing Date | January 24, 2023 |
| Basis of Allotment | January 30, 2023 |
| Initiation of Refunds | January 31, 2023 |
| Credit of shares to Demat A/c | February 1, 2023 |
| Listing Date | February 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.
| Applications | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Minimum) | 1 | 1,600 | ₹ 113,600 |
| Retail (Maximum) | 1 | 1,600 | ₹ 113,600 |
| HNI (Minimum) | 2 | 3,200 | ₹ 227,200 |
Promoters Holdings – Transvoy Logistics India IPO
| Pre-issue Shares Holdings | 97.94% |
| Post-issue Shares Holdings | 71.46% |
SWOT Analysis – Transvoy Logistics India
| STRENGTHS | WEAKNESSES |
|---|---|
| 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. |
| OPPORTUNITIES | THREATS |
| 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 Information | Transvoy 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 Registrar | Link 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
What is the Transvoy Logistics India IPO price?
The Transvoy Logistics India IPO price is ₹ 71 per share.
What will be the Transvoy Logistics India IPO lot size?
One lot of Transvoy Logistics India IPO contains 1,600 shares of ₹ 113,600.
What minimum lot size can retail investors subscribe to?
The minimum investment size is one lot for retail investors.
When will Transvoy Logistics India IPO allotment be available?
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.
When will Transvoy Logistics India IPO list on exchanges?
The Transvoy Logistics India IPO shares listing date is February 2, 2023.
How many shares in Transvoy Logistics India IPO Offer are reserved for HNIs and retail investors?
The investors’ portion for NII (HNI) – 50%, and Retail – 50%.
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