The Shree Vasu Logistics IPO date has been confirmed from May 23, 2018 and ended on May 25, 2018. Read the post to learn about Shree Vasu Logistics IPO GMP.
Shree Vasu Logistics IPO is a fixed price issue of Rs 9.29 crores. The price is ₹45 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹135,000.
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Key Details Of Shree Vasu Logistics IPO:
Bidding Dates
May 23-25
Price Range
₹45 per share
Face Value
₹10 per share
GMP
₹213.50
Shree Vasu Logistics IPO GMP
The Shree Vasu Logistics IPO GMP is ₹213.50.
Shree Vasu Logistics IPO Overview
Shree Vasu Logistics IPO is a Rs 9.29 crore fixed price issuance. The Shree Vasu Logistics IPO auction began on May 23, 2018 and concluded on May 25, 2018. Shree Vasu Logistics IPO allotment was completed on Wednesday, May 30, 2018. On June 4, 2018, the shares were listed on the NSE SME. The IPO price for Shree Vasu Logistics is Rs 45 per share.
A lot size of 3000 shares is required for an application. Retail investors must make a minimum commitment of ₹135,000. The company has 366 employees on its payroll.
Shree Vasu Logistics IPO Details
IPO Date | May 23, 2018 to May 25, 2018 |
Listing Date | June 4, 2018 |
Face Value | ₹10 per share |
Price | ₹45 per share |
Lot Size | 3000 Shares |
Total Issue Size | 2,064,000 shares (aggregating up to ₹9.29 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
Market Maker portion | 108,000 shares |
Shree Vasu Logistics 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 | 2729.54 | 2549.22 | 2335.31 | 1932.10 | 1746.98 | |
Total Revenue | 2769.19 | 2302.46 | 2178.03 | 1806.21 | 1642.76 | |
Profit After Tax | 78.69 | 75.62 | 66.18 | 52.66 | 39.72 |
Shree Vasu Logistics IPO Timeline
IPO Open Date | Wednesday, May 23, 2018 |
IPO Close Date | Friday, May 25, 2018 |
Basis of Allotment | Wednesday, May 30, 2018 |
Initiation of Refunds | Thursday, May 31, 2018 |
Credit of Shares to Demat | Friday, June 1, 2018 |
Listing Date | Monday, June 4, 2018 |
Cut-off time for UPI mandate confirmation | 5 PM on May 25, 2018 |
Company Profile
![shree vasu logistic](https://ipoupcoming.com/wp-content/uploads/2023/12/shree-vasu-logistic.jpg)
Shree Vasu Logistics Limited, situated in Chattisgarh, was founded in 2007 and specialises in logistics services such as operating as a Carrying and Forwarding Agent, Warehousing and Inventory Management, and Distribution Management via Secondary Transportation. Shree Vasu has established itself as a Logistics Services Provider (LSP) third party. In the domestic market, it mostly works through the carrying and forwarding agent model. At the moment, it serves a wide range of industries, including FMCG, automotive, food, electronics, industrial
equipment and electricals, lifestyle products, and so on.
Registrar Info
Name | Bigshare Services Pvt Ltd |
Phone number | +91-22-6263 8200 |
Email ID | [email protected] |
Website | ipo.bigshareonline.com |
Contact Details
Name | Shree Vasu Logistics Limited |
Phone number | 0771-6614848 |
Email ID | [email protected] |
Website | shreevasulogistics.com |
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.
Shree Vasu Logistics IPO FAQs
When Shree Vasu Logistics IPO will open?
The Shree Vasu Logistics IPO opens on May 23, 2018 and closes on May 25, 2018.
What is the lot size of Shree Vasu Logistics IPO?
Shree Vasu Logistics IPO lot size is 3000 Shares, and the minimum amount required is ₹135,000.
When is Shree Vasu Logistics IPO allotment?
The finalization of Basis of Allotment for Shree Vasu Logistics IPO will be done on Wednesday, May 30, 2018, and the allotted shares will be credited to your demat account by Friday, June 1, 2018.
When is Shree Vasu Logistics IPO listing date?
The Shree Vasu Logistics IPO listing date is on June 4, 2018.
![Logistics](https://ipoupcoming.com/wp-content/uploads/2024/04/logistics-services.jpg)
![Shree Vasu Logistics IPO](https://ipoupcoming.com/wp-content/uploads/2024/04/Shree-Vasu-Logistics-IPO.jpg)
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