Brace Port Logistics Limited
Bookbuilding IPO · NSE
- Price band
- ₹76 - ₹80
- Lot size
- 1,600 shares
- Issue amount
- ₹24.41 cr
- Total subscription
- 657.87×
- Opens
- 19 Aug 2024
- Closes
- 21 Aug 2024
- Allotment
- 22 Aug 2024
- Listing
- 26 Aug 2024
Offer at a glance
Issue overview
- Issue size
- 30,51,200 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,21,600
- Fresh issue
- ₹24.41 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,28,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 82,50,000
- Shares after issue
- 1,13,01,200
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,600 | ₹1,28,000 |
| HNI | 2 | 3,200 | ₹2,56,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 2.87 | 1,290.34 |
| RETAIL | 9.6 | 5,651.92 |
| NIB | 6.4 | 5,469.95 |
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 0 | 0 | 0 |
| ROE | 43.19 | 94.51 | 124.59 |
| ROCE | 47.05 | 89.16 | 103.15 |
| RONW | 35.52 | 69.6 | 76.77 |
| PRE IPO(PE) | 13.49 | 0 | 0 |
| POST IPO(PE) | 18.48 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Brace Port Logistics Limited, founded in November 2020, is a growing logistics service provider offering ocean and air freight, warehousing, special cargo handling, and customs clearance. Serving industries like medical supplies, pharmaceuticals, and electronics, the company operates globally with a strong presence in Germany, Vietnam, UAE, Hong Kong, and Bangladesh. Focused on quality and safety, Brace Port holds ISO certifications for quality management, environmental management, and occupational health and safety. With a dedicated team of 20 employees, the company continues to expand its operations and global reach.
Strengths
- Experienced Leadership: A skilled team with a highly qualified workforce ensures strong management and operations.
- Trusted Client Relationships: Long-term partnerships built on trust and loyalty help sustain business growth.
- Wide Market Presence: A strong footprint across India and globally helps reach a broad customer base.
Risk factors
- Dependence on Key Customers: Relying on a few major clients means losing one or getting less business from them could impact revenu
- Reliance on Third-Party Services: Depending on external providers can lead to delays and disruptions, affecting customer satisfaction and reputation.
- Trademark Challenges: Uncertainty in trademark registration could affect brand protection, making it harder to secure a strong market position.
Promoters
Skyways Air Services Private Limited
Mr. Yash Pal Sharma
Mr. Tarun Sharma
Mr. Sachin Arora
Mr. Rishi Trehan
Registrar & documents
Lead manager
Holani Consultants Private Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
A-182, Mahipalpur Extension, 5, Road No 4, South Delhi, Mahipalpur-New Delhi-110037
011 - 41729003
[email protected]Company website ↗Understanding BRACEPORT IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.