Fixed Price IPO | ₹5 Cr | Listed at BSE SME | Fri, Jan 20, 2023 - Tue, Jan 24, 2023
Transvoy Logistics IPO is a fixed price issue of ₹5.11 crores. The issue is entirely a fresh issue of 0.07 crore shares of ₹5.11 crore.
Transvoy Logistics IPO bidding started from Jan 20, 2023 and ended on Jan 24, 2023. The allotment for Transvoy Logistics IPO was finalized on Jan 30, 2023. The shares got listed on BSE SME on Feb 2, 2023.
Transvoy Logistics IPO price is ₹71 per share. The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹1,13,600 (1600 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (3,200 shares), amounting to ₹2,27,200.
Beeline Capital Advisors Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Sunflower Broking Pvt.Ltd..
Refer to Transvoy Logistics IPO RHP for detailed Information.
IPO Open
Fri, Jan 20, 2023
IPO Close
Tue, Jan 24, 2023
Issue Price
₹71 per share
Market Cap (Pre-IPO)
₹18.91 Cr
| IPO Date | 20 to 24 Jan, 2023 |
| Listed on | Thu, Feb 2, 2023 |
| Face Value | ₹10 per share |
| Issue Price | ₹71 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 7,20,000 shares (agg. up to ₹5 Cr) |
| Reserved for Market Maker | 38,400 shares Sunflower Broking Pvt.Ltd. (agg. up to ₹0.2726 Cr) |
| Fresh Issue (Ex Market Maker) | 6,81,600 shares (agg. up to ₹5 Cr) |
| Net Offered to Public | 6,81,600 shares (agg. up to ₹5 Cr) |
| Share Holding Pre Issue | 19,43,040 shares |
| Share Holding Post Issue | 26,63,040 shares |
| BSE Script Code | 543754 |
| ISIN | INE0MPU01011 |
Transvoy Logistics IPO comprises a total issue size of 7,20,000 shares. The net offer to the public is 6,81,600 shares, after excluding 38,400 shares allotted on a firm basis. Of the Net offer 3,40,800 (50.00%) allocated to NII 3,40,800 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 3,40,800 | 50.00% | 47.33% |
| Retail Shares Offered | 3,40,800 | 50.00% | 47.33% |
| Firm Reservations | |||
| Market Maker Shares Offered | 38,400 | 5.33% | |
| Total Shares Offered | 7,20,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,600 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹1,13,600 |
| Retail (Max) | 1 | 1,600 | ₹1,13,600 |
| HNI (Min) | 2 | 3,200 | ₹2,27,200 |
Incorporated in 2015, Transvoy Logistics India Limited is engaged in the business of integrated logistics solutions. The company offers services like NVOCC, Freight Forwarding, Custom Clearance, Transportation handling, and Advisory on MEIS License Trading.
Transvoy Logistics India operates primarily in India along with expanding to different parts of the world including Sri Lanka, China, Malaysia, Middle East, and Singapore. They maintain highest quality in the service and strive at satisfying the requirements of the customers.
The customers of the company are catered in the following horizons-
Transvoy also operates through its wholly-owned subsidiary Aashirvad Shipping & Allied Private Limited (ASAPL) which offers custom clearing services. Recently, Transvoy Logistics India Limited formed another company in Singapore with the name Transvoy Logistics PTE. Ltd engaged in the non-vessel owning common carrier (NVOCC) services.
| Period Ended | 25 Nov 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 7.48 | 1.10 | 0.12 | 0.11 |
| Total Income | 10.48 | 5.03 | 0.62 | 0.43 |
| Profit After Tax | 0.34 | 0.57 | 0.01 | 0.01 |
| NET Worth | 2.29 | 0.53 | 0.01 | 0.00 |
| Reserves and Surplus | 0.35 | 0.57 | 0.00 | -0.01 |
| Total Borrowing | 1.41 | 0.01 | 0.00 | 0.00 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirements | 0.60 |
| 2 | Investment in Subsidiary for Purchase of Containers | 2.50 |
| 3 | General Corporate Purpose | 1.28 |
| 4 | Public Issue Expenses | 0.73 |
| KPI | |
|---|---|
| ROE | 56.69 |
| ROCE | 56.69 |
| Debt/Equity | 0.97 |
| RoNW | 107.15 |
| PAT Margin | 59.00% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 10.31 | |
| P/E (x) | 34.63 | |
| Promoter Holding | 97.94% | 71.46% |
| Market Cap | ₹18.91 Cr. |
The Transvoy Logistics India IPO is subscribed 184.34 times on January 24, 2023 6:57:00 PM (Day 3). The public issue subscribed 168.67 times in the retail category, [.] times in the QIB category, and 200 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 200 | 3,40,800 | 6,81,60,000 |
| Retail | 168.67 | 3,40,800 | 5,74,83,209 |
| Total | 184.34 | 6,81,600 | 12,56,43,209 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manger Fees including Underwriting Commission | 0.57 |
| 2 | Fees Payable to Registrar to the Issue | 0.01 |
| 3 | Fees Payable Advertising, Marketing Expenses and Printing Expenses | 0.03 |
| 4 | Fees Payable to Regulators including Stock Exchanges and other Intermediaries | 0.03 |
| 5 | Fees payable to Peer Review Auditor | 0.01 |
| 6 | Fees Payable to Market Maker (for Two Years) | 0.08 |
| 7 | Escrow Bank Fees | 0.01 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹71.00 |
| Open | ₹71.00 |
| Low | ₹67.50 |
| High | ₹74.55 |
| Last Trade | ₹74.55 |
Lead Manager Reports
Transvoy Logistics IPO is a SME IPO of 7,20,000 equity shares of the face value of ₹10 aggregating up to ₹5 Crores. The issue is priced at ₹71 per share. The minimum order quantity is 1600.
The IPO opens on Fri, Jan 20, 2023, and closes on Tue, Jan 24, 2023.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Transvoy Logistics IPO using UPI as a payment gateway. Zerodha customers can apply in Transvoy Logistics IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Transvoy Logistics IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Transvoy Logistics IPO opens on Fri, Jan 20, 2023 and closes on Tue, Jan 24, 2023.
Transvoy Logistics IPO lot size is 1600, and the minimum amount required for application is ₹1,13,600.
You can apply in Transvoy 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 Transvoy Logistics IPO will be done on Monday, January 30, 2023, and the allotted shares will be credited to your demat account by Wed, Feb 1, 2023. Check the Transvoy Logistics IPO allotment status.
The Transvoy Logistics IPO listing date is on Thu, Feb 2, 2023.
