The Accuracy Shipping date has been confirmed from June 11, 2018 and ended on June 14, 2018. Read the post to learn about Accuracy Shipping IPO GMP.
The Accuracy Shipping IPO is a structured price issue with an underwriting mandate of Rs 35.76 crore. The security’s price range for the initial public offering is fixed at ₹81 to ₹84 per share. The minimum number of shares enclosed in the application should total at least 1600. The funding of European cinema opens with ₹134,400 as a minimum investment offered to retail investors.
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Key Details Of Accuracy Shipping IPO
Bidding Dates
June 11-14
Price Range
₹81 to ₹84 per share
Face Value
₹10 per share
GMP
₹10.05
Accuracy Shipping IPO GMP
The Accuracy Shipping IPO GMP Today is ₹10.05.
Accuracy Shipping IPO Overview
Accuracy Shipping IPO is a Rs 35.76 crore share sale issued to awards. On June 11, 2018, bidding for Accuracy Shipping IPO started, and the eventual closure is slated to be on June 14, 2018. Accuracy Shipping, announced its IPO allotment results on June 19, 2018, Tuesday. The shares on June 22, 2018, were listed on the NSE EMI. As far as the Introductory public offering price for Accuracy Shipping is concerned, it has been estimated at 81-84 cents per share. It means the minimum number of shares listed on the NSE is 1600.
Retail investors must make a minimum investment of ₹134,400. The Accuracy Shipping IPO GMP Today is ₹10.05. The company also has a network of corporate partners who provide it with trucks, warehouses, and other commercial assets and services. The organisation currently offers services through business partners in over 35 countries. 169 people work for the company.
Accuracy Shipping IPO Details
| IPO Date | June 11, 2018 to June 14, 2018 |
| Listing Date | June 22, 2018 |
| Face Value | ₹10 per share |
| Price Band | ₹81 to ₹84 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 4,257,600 shares (aggregating up to ₹35.76 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Market Maker portion | 217,600 shares |
Accuracy Shipping Company Financials
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | ||
| Total Assets | 5,825.34 | 4,394.03 | 2,783.54 | 1,299.16 | 520.31 | |
| Total Revenue | 20,129.20 | 17,078.99 | 16,165.61 | 9,738.73 | 3,064.89 | |
| Profit After Tax | 195.93 | 106.86 | 31.60 | 61.61 | 26.83 | |
Accuracy Shipping IPO Timeline
| IPO Open Date | Friday, December 29, 2023 |
| IPO Close Date | Wednesday, January 3, 2024 |
| Basis of Allotment | Thursday, January 4, 2024 |
| Initiation of Refunds | Friday, January 5, 2024 |
| Credit of Shares to Demat | Friday, January 5, 2024 |
| Listing Date | Monday, January 8, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 3, 2024 |
Company Profile
Shipping Company “Accuracy Shipping Limited” is a logistics trading company located in the state of Gujarat which started to run its operations in the year 2008. The company has been offering its customers, logistics services at their requirement, like transportation, storing & distribution, freight forwarding, customs clearance, build & forwarding and value-added services. It designs the structure develops blueprints, and carries out project cargo, which is a complicated procedure where meticulous planning and technical knowledge are a must. The offer of full-service project management covers shipment and
It lets out-hire the shipment from sea to road, rail, and air modes of transportation when several modes are selected together in a multimodal manner. Accuracy Shipping is a network that incorporates a head office in Gandhidham and 5 branch offices and had around 1,300 clients registered as of January 31, 2018. In addition to rented fleets, it maintains a fleet of more than 150 vehicles to handle inland transportation needs.
Registrar Info
| Name | Link Intime India Private Ltd |
| Phone number | +91-22-4918 6270 |
| Email ID | [email protected] |
| Website | linkintime.co.in |
Contact Details
| Name | Accuracy Shipping Limited |
| Phone number | 02836-258251 |
| Email ID | [email protected] |
| Website | aslindia.net |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Accuracy Shipping IPO FAQs
When Accuracy Shipping IPO will open?
The Accuracy Shipping IPO opens on June 11, 2018 and closes on June 14, 2018.
What is the lot size of Accuracy Shipping IPO?
Accuracy Shipping IPO lot size is 1600 Shares, and the minimum amount required is ₹134,400.
When is Accuracy Shipping IPO allotment?
The finalization of Basis of Allotment for Accuracy Shipping IPO will be done on Tuesday, June 19, 2018, and the allotted shares will be credited to your demat account by Thursday, June 21, 2018.
When is Accuracy Shipping IPO listing date?
The Accuracy Shipping IPO listing date is on June 22, 2018.
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