IPO Issue Details
Issue Price / Price Band₹125 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,000 Shares per Lot
Total Issue Size38,40,000 shares (aggregating up to ₹48.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenTue, 12 Dec 2023
Subscription CloseThu, 14 Dec 2023
Anchor AllotmentMon, 11 Dec 2023
Basis of AllotmentFri, 15 Dec 2023
Initiation of RefundsMon, 18 Dec 2023
Credit of Shares to DematMon, 18 Dec 2023
Listing DateTue, 19 Dec 2023
UPI Mandate Deadline2023-12-14
Application & Investment Details
Retail — Min (1 Lots)₹1,25,000 — 1,000 shares
Retail — Max (13 Lots)₹1,625,000 (13 Lots)
HNI — Min (2 Lots)₹2,50,000 — 2,000 shares
QIB Quota47.45% of Issue
NII / HNI Quota14.27% of Issue
Retail Quota33.26% of Issue
Market Maker Quota5.03% of Issue
EPS (Pre-IPO)₹8.84
P/E Ratio (Pre-IPO)14.14x
P/E Ratio (Post-IPO)9.72x
Net Offer to Public36,47,000 shares (aggregating up to ₹45.59 Cr)
Reserved for Market Maker1,93,000 shares (aggregating up to ₹2.41 Cr)
Pre-IPO Promoter Holding1,06,43,130 shares
Post-IPO Promoter Holding1,44,83,130 shares
About S J Logistics (India) Ltd.
Incorporated in 2003, S J Logistics (India) Limited provides logistics and supply chain solutions and services.The company provides freight forwarding, customs clearance and transportation handling services to companies in the yarn and textiles, automobile, heavy engineering, power transmission, rubber tapes, pharmaceuticals, carpets, handicrafts and iron and steel products sectors.The company is based in Thane, Mumbai and has a network of partners and vendors to meet the requirements of customers across India and abroad.S J Logistics has two subsidiaries, namely SJA Logisol India Private Limited (SJALIPL) and S. J. L. Group (Singapore) Pte. Ltd.SJA Logisol India Private Limited provides transportation and logistics services. S. J. L. Group (Singapore) provides freight forwarding, packing and crating services.The company recorded total income from operations of Rs. 13431.17 lacs, Rs. 10362.43 lacs and Rs. 12392.64 lacs for the financial years 2023, 2022 and 2021 respectively.
Objects of the Issue
S J Logistics (India) Ltd. proposes to utilise the net proceeds for the following objects as stated in the DRHP:
1
Repayment and/or pre-payment, in whole or part, of certain borrowings availed by the Company.
2
To meet working capital requirements
3
General Corporate Purpose.
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,06,43,130 shares
Post-IPO Promoter Holding
1,44,83,130 shares
