Fixed Price IPO | ₹8 Cr | Listed at BSE SME | Tue, Aug 27, 2013 - Thu, Aug 29, 2013
Tiger Logistics IPO is a fixed price issue of ₹7.54 crores. The issue is entirely a fresh issue of 0.11 crore shares of ₹7.54 crore.
Tiger Logistics IPO bidding started from Aug 27, 2013 and ended on Aug 29, 2013. The shares got listed on BSE SME on Sep 12, 2013.
Tiger Logistics IPO price is ₹66 per share. The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹1,32,000 (2000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (4,000 shares), amounting to ₹2,64,000.
Sarthi Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Choice Equity Broking Pvt.Ltd..
Refer to Tiger Logistics IPO RHP for detailed Information.
IPO Open
Tue, Aug 27, 2013
IPO Close
Thu, Aug 29, 2013
Issue Price
₹66 per share
Market Cap (Pre-IPO)
₹27.90 Cr
| IPO Date | 27 to 29 Aug, 2013 |
| Listed on | Thu, Sep 12, 2013 |
| Face Value | ₹10 per share |
| Issue Price | ₹66 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 11,42,000 shares (agg. up to ₹8 Cr) |
| Reserved for Market Maker | 58,000 shares Choice Equity Broking Pvt.Ltd. (agg. up to ₹0.3828 Cr) |
| Fresh Issue (Ex Market Maker) | 10,84,000 shares (agg. up to ₹7 Cr) |
| Net Offered to Public | 10,84,000 shares (agg. up to ₹7 Cr) |
| Share Holding Pre Issue | 30,87,000 shares |
| Share Holding Post Issue | 42,27,000 shares |
| BSE Script Code | 536264 |
| ISIN | INE906O01011 |
Tiger Logistics IPO comprises a total issue size of 11,40,000 shares. The net offer to the public is 10,82,000 shares, after excluding 58,000 shares allotted on a firm basis. Of the Net offer 5,40,000 (49.91%) allocated to NII 5,42,000 (50.09%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 5,40,000 | 49.91% | 47.37% |
| Retail Shares Offered | 5,42,000 | 50.09% | 47.54% |
| Firm Reservations | |||
| Market Maker Shares Offered | 58,000 | 5.09% | |
| Total Shares Offered | 11,40,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,32,000 |
| Retail (Max) | 1 | 2,000 | ₹1,32,000 |
| HNI (Min) | 2 | 4,000 | ₹2,64,000 |
Incorporated in 2000, Tiger Logistics (India) Ltd is engaged in the field of third party logistics providing. It has registered office at New Delhi and offices at Mumbai, Pune, Mundra, Luthiana and Kolkatta. The company has multi-model transport as well as custom house agent licenses.
Tiger Logistics (India) Ltd work as International Freight Forwarders, Custom Clearance Agents, Transporters, Custom Consultants and Project Transportation Specialists. Company provides both inbound and outbound logistics solutions to various large corporates and multinational companies in India and abroad.
In March 2005 Tiger Logistics issued 10000 shares at a price of Rs. 190 per share. In March 2007 they issued bonus in the ratio of 34 shares for every 1 share held. In February 2008 it issued 2030000 shares at par to take the paid up capital at Rs. 3.08 crore.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirement | 6.40 |
| 2 | General Corporate Purpose | 0.62 |
| 3 | Issue Expenses | 0.50 |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including expenses towards printing, advertising, and payment to other intermediaries such as Registrars, Market Makers, Bankers etc. | 0.35 |
| 2 | Regulatory fees | 0.06 |
| 3 | Marketing and Other Expenses | 0.09 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹66.00 |
| Open | ₹69.20 |
| Low | ₹69.10 |
| High | ₹69.20 |
| Last Trade | ₹69.10 |
Lead Manager Reports
Tiger Logistics IPO is a SME IPO of 11,42,000 equity shares of the face value of ₹10 aggregating up to ₹8 Crores. The issue is priced at ₹66 per share. The minimum order quantity is 2000.
The IPO opens on Tue, Aug 27, 2013, and closes on Thu, Aug 29, 2013.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Tiger Logistics IPO using UPI as a payment gateway. Zerodha customers can apply in Tiger Logistics IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Tiger Logistics IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Tiger Logistics IPO opens on Tue, Aug 27, 2013 and closes on Thu, Aug 29, 2013.
Tiger Logistics IPO lot size is 2000, and the minimum amount required for application is ₹1,32,000.
You can apply in Tiger Logistics IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Tiger Logistics IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Tiger Logistics IPO allotment status.
The Tiger Logistics IPO listing date is on Thu, Sep 12, 2013.
