Brace Port Logistics IPO Subscription Status: Brace Port Logistics IPO 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 is 3,051,200 shares (Approx ₹24.41 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
Brace Port Logistics IPO is an SME IPO and Listed on NSE SME. Brace Port Logistics IPO Price Band is Fixed at ₹80 Equity Share. Brace Port Logistics IPO Lot Size is 1600 Shares.
Also Read: Brace Port Logistics IPO Details, Date, Price, GMP, Review
Brace Port Logistics IPO Subscription Status, Rate bid times
Inv Category
Shares Reserved
No. of Shares bid for
No. of Times (Subscription)
Qualified Buyers (QIBs)
3,58,400
16,12,92,800
450.04
Non Institutional Buyers (NIIs)
8,00,000
8,49,28,000
854.49
Retail Individual Buyers (RIIs)
12,00,000
70,64,89,600
588.74
Anchor Investor
5,37,600
5,37,600
1
Total
23,58,400
1,55,13,71,200
657.81
Brace Port Logistics IPO Subscription Status day-by-day-
Categories
19 Aug
20 Aug
21 Aug
QIB
6.59
16.83
450.04
NII
29.03
106.16
854.49
RII
81.41
231.26
588.74
Total
52.27
156.24
657.81
About IPO :
Brace Port Logistics 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.
Brace Port Logistics holdings Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).
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