IPO Issue Details
Issue Price / Price Band₹71 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size7,20,000 shares (aggregating up to ₹5.11 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenFri, 20 Jan 2023
Subscription CloseTue, 24 Jan 2023
Anchor AllotmentThu, 19 Jan 2023
Basis of AllotmentMon, 30 Jan 2023
Initiation of RefundsTue, 31 Jan 2023
Credit of Shares to DematWed, 01 Feb 2023
Listing DateThu, 02 Feb 2023
UPI Mandate Deadline2023-01-24
Application & Investment Details
Retail — Min (1 Lots)₹1,13,600 — 1,600 shares
Retail — Max (13 Lots)₹1,476,800 (13 Lots)
HNI — Min (2 Lots)₹2,27,200 — 3,200 shares
P/E Ratio (Pre-IPO)34.63x
Net Offer to Public6,81,600 shares (aggregating up to ₹4.84 Cr)
Reserved for Market Maker38,400 shares (aggregating up to ₹0.2726 Cr)
Pre-IPO Promoter Holding19,43,040 shares
Post-IPO Promoter Holding26,63,040 shares
About Transvoy Logistics India Ltd
Incorporated in 2015, Transvoy Logistics India Limited is engaged in the business of integrated logistics solutions. The company offers services like NVOCC, Freight Forwarding, Custom Clearance, Transportation handling, and Advisory on MEIS License Trading.Transvoy Logistics India operates primarily in India along with expanding to different parts of the world including Sri Lanka, China, Malaysia, Middle East, and Singapore. They maintain highest quality in the service and strive at satisfying the requirements of the customers.The customers of the company are catered in the following horizons-Freight ForwardingCustoms ClearanceAllied Logistics and Transportation ServicesTransvoy also operates through its wholly-owned subsidiary Aashirvad Shipping & Allied Private Limited (ASAPL) which offers custom clearing services. Recently, Transvoy Logistics India Limited formed another company in Singapore with the name Transvoy Logistics PTE. Ltd engaged in the non-vessel owning common carrier (NVOCC) services.
Objects of the Issue
Transvoy Logistics India Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
To Meet Working Capital Requirements
0.60
2
Investment in Subsidiary for Purchase of Containers
2.50
3
General Corporate Purpose
1.28
4
Public Issue Expenses
0.73
Shareholding & Lock-in
Pre-IPO Promoter Holding
19,43,040 shares
Post-IPO Promoter Holding
26,63,040 shares