Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
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 ₹71.00 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). The minimum lot size investment for 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 Date | January 20, 2023 to January 24, 2023 |
| Listing Date | February 2, 2023 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹71 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 7,20,000 shares (aggregating up to ₹5.11 Cr) |
| Reserved for Market Maker | 38,400 shares Sunflower Broking Pvt.Ltd. (aggregating up to ₹0.2726 Cr) |
| Net Offered to Public | 6,81,600 shares (aggregating up to ₹4.84 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 19,43,040 shares |
| Share Holding Post Issue | 26,63,040 shares |
Transvoy Logistics India IPO offers total 7,20,000 shares. Out of which 3,40,800 (47.33%) allocated to NII, 3,40,800 (47.33%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 38,400 (5.33%) |
| NII (HNI) Shares Offered | 3,40,800 (47.33%) |
| Retail Shares Offered | 3,40,800 (47.33%) |
| Total Shares Offered | 7,20,000 (100.00%) |
Transvoy Logistics IPO opens on January 20, 2023, and closes on January 24, 2023.
| IPO Open Date | Fri, Jan 20, 2023 |
| IPO Close Date | Tue, Jan 24, 2023 |
| Tentative Allotment | Mon, Jan 30, 2023 |
| Initiation of Refunds | Tue, Jan 31, 2023 |
| Credit of Shares to Demat | Wed, Feb 1, 2023 |
| Tentative Listing Date | Thu, Feb 2, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Jan 24, 2023 |
Investors can bid for a minimum of 1,600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 11.48 | 42.9 | 1.33 | 0.06 | -0.94 | 0 |
| 31-Mar-21 | 12.47 | 62.21 | 1.18 | 1.25 | 0.25 | 0 |
| 31-Mar-22 | 109.89 | 503.02 | 56.69 | 52.91 | 56.91 | 0.97 |
| 25-Nov-22 | 748.23 | 1048 | 34.48 | 229.49 | 35.19 | 141.3 |
| Amount in ₹ Lakhs | ||||||
The market capitalization of Transvoy Logistics IPO is ₹18.91 Cr.
| Pre IPO | Post IPO | |
|---|---|---|
| P/E (x) | 34.63 |
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
[Dilip Davda] The company is in a highly competitive segment. Its financial track record so far is not in line with the asking price. Based on its recent earnings, the issue appears aggressively priced. Longer gestation for migration to the mainboard due to tiny paid-up equity capital post IPO also raises concern. There is no harm in skipping this pricey issue. Read detail review...
| Listing Date | February 2, 2023 |
| BSE Script Code | 543754 |
| NSE Symbol | |
| ISIN | INE0MPU01011 |
| Final Issue Price | ₹71 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹71.00 |
| Open | ₹71.00 |
| Low | ₹67.50 |
| High | ₹74.55 |
| Last Trade | ₹74.55 |
Transvoy Logistics India Ltd.
B-504, Mondeal Heights, B/S Novotel Hotel,
S.G. Highway,
Ahmedabad -380015
Ahmedabad, Gujarat
Phone: 079 – 29705456
Email: info@transvoy.com
Website: http://www.transvoy.com/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: translogic.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Transvoy Logistics IPO is a SME IPO of 7,20,000 equity shares of the face value of ₹10 aggregating up to ₹5.11 Crores. The issue is priced at ₹71 per share. The minimum order quantity is 1600.
The IPO opens on January 20, 2023, and closes on January 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 January 20, 2023 and closes on January 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 Wednesday, February 1, 2023. Check the Transvoy Logistics IPO allotment status.
The Transvoy Logistics IPO listing date is on Thursday, February 2, 2023.
Useful Articles
RHP