Committed cargo care ipo
IPO Research :
- The recently coming IPO of COMMITTED CARGO CARE marks a notable entry into the public market. Priced at 77 per share,
- 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%
- 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 .
- 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 |
Fresh Issue |
3,244,000 shares |
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.