Brace Port Logistics IPO Details, Date, Price, GMP, Review

Brace Port Logistics IPO
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Brace Port Logistics IPO details : Brace Port Logistics IPO details is Open on 19 August 2024 and Close on 21 August 2024. Brace Port Logistics IPO to Raise 3,051,200 shares (Approx ₹24.41 Cr) via IPO. The Fresh issue of 3,051,200 shares (Approx ₹24.41 Cr).

Our Company is a service-based logistics company primarily engaged in the business of providing Ocean cargo logistics services to our clients operating in the various sectors of the economy.

We also provide various value-added services like Air Freight, Warehousing facilities, special cargo services such as handling cargo in foreign country and delivery the same in other foreign country and custom clearance services.

Our company along with our group companies and holding company have extensive network across the globe. We provide our services at a worldwide level where we cater for
clients across the globe and even provide cross-border shipment facilities as well.

Our team comprises of trained and experienced professionals and has rich industry expertise of its promoters for more than two decades. Our holding company is leading player in air cargo industry in India. Our aim is to provide highly optimized and customized supply chain solutions to our customers with unified technology systems.

We have a strong pan-India and global network to meet the needs of our customers across a wide range of industries including medical supplies and pharma, sports goods, perishables, electronics, consumer durables and automotive etc. Our experienced team can handle all logistics movements using advanced systems and processes to overcome any challenges.

We are flexible in our approach to managing the supply chains effectively, along with the identification of the best routes to move shipments and at best pricing options. Our company is promoted by corporate promoter M/s. Skyways Air Services Private Limited which is the flagship company of Skyways Group and our company is the subsidiary company of Skyways Air Services Private Limited.

The Skyways group is engaged in all sorts of logistics solution and has been ranked as no.1 Air freight forwarder of India in 2017 and 2018 as per world ACD. The group has presence in countries Germany, Vietnam, UAE, Hongkong and Bangladesh.

Our Services –

  • Air Freight
  • Ocean Freight
  • Warehousing
  • Special Movements

Brace Port Logistics IPO Date & Price Band Details

IPO Open Date 19 Aug 2024
IPO Close Date 21 Aug 2024
IPO Size 3,051,200 shares (Approx ₹24.41 Cr)
Fresh Issue 3,051,200 shares (Approx ₹24.41 Cr)
Lot Size 1600 Shares
IPO Face Value ₹10 Per Equity Share"
IPO Price Band ₹76 to ₹80 Per Every Share
IPO Listing On NSE SME
IPO Retail Quota 35%
IPO QIB Quota 50%
IPO NII Quota 15%
DRHP Draft Click Here
Anchor Investor Click Here

Brace Port Logistics IPO Market Lot Details

Application Lot Size Shares Amount
Retail Minimum 1 1600 ₹128,000
Retail Maximum 1 1600 ₹128,000
S-HNI Minimum 2 3200 ₹256,000

Object of the Issue

  1. Funding the working capital requirements of our Company.
  2. General corporate purposes.

Brace Port Logistics IPO Allotment & Listings (Details)

IPO Open Date 19 Aug 2024
IPO Close Date 21 Aug 2024
Basis of Allotment 22 Aug 2024
Refunds 23 Aug 2024
Credit to Demat Account 23 Aug 2024
IPO Listing Date 26 Aug 2024

Brace Port Logistics Financial Reports

₹ in Crores
Year Revenue Expense PAT
2023 ₹70.94 ₹62.59 ₹6.18
2022 ₹54.20 ₹49.88 ₹3.22
2021 ₹7.06 ₹6.76 ₹0.23

Our Company Promoters

  1. Mr. Yash Pal Sharma
  2. Mr. Tarun Sharma
  3. Mr. Sachin Arora
  4. Mr. Rishi Trehan
  5. Skyways Air Services Private Limited

Qualitative Factors

  • Accomplished Leadership Team and qualified workforce.
  • Long Lasting Business Relationships.
  • PAN India and Global Reach.
  • Comprehensive Solutions for Transportation requirements.
  • Diverse customer base across many sectors.
  • Technology integrated services.
  • Quality of Services.
  • Supplier Relationship.

Brace Port Logistics Comparison Listed Industry Peers Group

Company Name Face Value EPS P/E Ratio Ro NW (%) NAV Per Revenue (₹ in Lakhs)
Brace Port Logistics Limited 10.00 7.49 [.] 69.60% 118.41 7045.35
Peer Group
Tiger Logistics (India) Limited 10.00 21.94 19.86 32.88% 92.34 43,334.78
AVG Logistics Limited 10.00 7.09 38.42 9.29% 76.23 42,710.82

Comparison of Accounting Ratios with Listed Peer Group Companies

  • Brace Port Logistics Limited
  • Tiger Logistics (India) Limited
  • AVG Logistics Limited

Also Read: Sunlite Recycling IPO

Brace Port Logistics Company Contact Details

A-182, Mahipalpur Extension, 5, Road No 4, South Delhi,
Mahipalpur, New Delhi -110037
Telephone: 011 – 41729003
Contact Person:
E-mail: info@braceport-logistics.com
Website: www.braceport-logistics.com

Brace Port Logistics Lead Manager

Holani Consultants Private Limited
401 – 405 & 416 – 418 4th Floor,
Soni Paris Point, Jai Singh Highway,
Bani Park, Jaipur – 302016, Rajasthan
Telephone: +91 – 141 – 2203996
E-mail ID: ipo@holaniconsultants.co.in
Investor Grievance ID: complaints.redressal@holaniconsultants.co.in
Website: www.holaniconsultants.co.in
Contact Person: Mrs. Payal Jain

Brace Port Logistics IPO Registrar

Link Intime India Private Limited
C-101, 1st Floor, 247 Park, L.B.S. Marg,
Vikhroli (West), Mumbai-400083,
Maharashtra, India
Tel: +91 – 8108114949
Website: www.linkintime.co.in
Email: braceport.ipo@linkintime.co.in
Investor Grievance ID- braceport.ipo@linkintime.co.in
Contact Person: Mr. Shanti Gopalkrishnan

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