Committed cargo care ipo

IPO Research :

  1. The recently coming IPO of COMMITTED CARGO CARE  marks a notable entry into the public market. Priced at 77  per share,
  2. the offering aims to raise 24.98cr  for :
  • Funding the working capital requirements of the company.
  • Corporate purposes.

      3 . Financially, the company exhibits strong indicators, boasting:-

P/E :- 10.94

Market Capitalization:- 12.84

ROE:-  83.23

ROCE :- 18.48%

Debt / Equity :- 24.06%

EPS :- 7.04

RoNW- 18.48%

  1. COMMITTED CARGO CARE faces opportunities and challenges such as they can have a potential to grow in Indian and global market because import and export has and always a great potential  and challenges are they have to face big players in the market and global political challenges like political etc .
  2. With a seasoned leadership team led by Mr Rajeev sharma , Mr Nitin bharal, Mr Narendar singh bisht and Mr Yashpal arora .

Understand the Basics:

IPO DETAILS

IPO Date

October 6, 2023 to October 10, 2023

Listing Date

[.]

Face Value

₹10 per share

Price

₹77 per share

Lot Size

1600 Shares

Total Issue Size

3,244,000 shares
(aggregating up to ₹24.98 Cr)

Fresh Issue

3,244,000 shares
(aggregating up to ₹24.98 Cr)

Issue Type

Fixed Price Issue IPO

Listing At

NSE SME

Share holding pre issue

7,569,600

Share holding post issue

10,809,600

Time line for IPO

IPO Open Date

Friday, October 6, 2023

 

IPO Close Date

Tuesday, October 10, 2023

 

Basis of Allotment

Friday, October 13, 2023

 

Initiation of Refunds

Monday, October 16, 2023

 

Credit of Shares to Demat

Tuesday, October 17, 2023

 

Listing Date

Wednesday, October 18, 2023

 

IPO Open Date

Friday, September 29, 2023

IPO Close Date

Thursday, October 5, 2023

Basis of Allotment

Monday, October 9, 2023

Initiation of Refunds

Wednesday, October 11, 2023

Credit of Shares to Demat

Thursday, October 12, 2023

Listing Date

Friday, October 13, 2023

IPO LOT SIZES

Application

Lots

Shares

Amount

Retail (Min)

1

1600

₹123,200

Retail (Max)

1

1600

₹123,200

HNI (Min)

2

3,200

₹246,400

PROMOTER HOLDINGS :-

Share Holding Pre Issue

98.00%

Share Holding Post Issue

68.63%

Company Background:-

Establishesd  in 1998,  Committed cargo care   has emerged as a key player in the industry. Specializing in custom brokerage , air freight , express freight , sea freight , document processing , multi modal facility , 4pl & supply chain management packaging & warehousing tracking & tracing .

 Committed cargo care has built a strong reputation for industry leadership and customer satisfaction. With a dedicated team and a customer-centric approach, the company continues to thrive in the competitive market, consistently adapting to industry trends and delivering value to clients. Its mission is to To be focused as a pro-active cargo gateway by anticipating and reacting to each stage of a shipment’s transit with commitment and to experience strategic growth of a highly respected and recognized cargo company in the Industry”.

Financial Performance:-

Period Ended

31 Mar 2023

31 Mar 2022

31 Mar 2021

31 Mar 2020

Assets

4,015.13

3,309.84

3,035.65

2,599.79

Revenue

12,242.77

14,612.17

11,385.89

8,404.10

Profit After Tax

533.17

308.72

232.20

151.10

Net Worth

2,884.79

2,351.63

2,042.90

1,810.70

Reserves and Surplus

2,127.83

1,594.67

1,285.94

1,053.74

Total Borrowing

67.34

14.69

31.42

65.19

                                                                                                        Amount in lakhs

Management Team:-

Mr Rajeev sharma

Mr Nitin baral

 Mr Narendar singh bisht

Mr Yashpal arora

Conclusion:-

This post is for educational purpose . Discuss with your advisor before investing.