Cargosol Logistics IPO, Review, IPO Performance by IPOPlatform India

About Cargosol Logistics

Company Information

Cargosol Logistics is a complete 3 PL (third-party logistics) service provider, delivering end-to-end solutions in the logistics and supply chain domain involving multimodal transport operations (MTO), owning and operating container, sea and air freight, transportation, warehousing, custom clearance services and handling of project cargo. As on the date of this Draft Prospectus, they operate a fleet of 12 commercial vehicles which are owned by them and apart from this, they also hire third party transport operators in case of high demand and business feasibility. They also provide warehousing facilities with their customers and their warehouses are well connected to several manufacturing and consumption clusters located at Thane, Maharashtra. They also handle NVOCC (Non Vessel Owning Common Carrier) facility for the sectors like Indian Sub-continent, Middle

Object of Issue

Purchase of vehicle for commercial purpose
Purchase of Containers for expansion of the Non Vessel Owning Common Carrier (NVOCC division
To meet working capital requirements
General Corporate Purposes
To meet issue expenses

Cargosol Logistics SME IPO Details (at the time of IPO)

IPO Type :

Fixed Price

IPO Date :

Oct, 2022

IPO Size :

7.56 Cr.

Market Cap :

28.56 Cr.

IPO Subscription :

55.43 X

PE Multiple :

5.15

Merchant Banker :
Hem Securities Limited

IPO Registrar:
Link Intime India Private Limited

Anchor Investors:

FAQs

1. What is Cargosol Logistics IPO?

Cargosol Logistics operates in Logistics and . The Issue is listed on BSE SME in Oct, 2022. Cargosol Logistics IPO size was 7.56 Cr. with Issue price of 28.00 .

2. Who is the merchant banker of Cargosol Logistics IPO?

Merchant Banker(s) of Cargosol Logistics IPO: Hem Securities Limited

3. How many times Cargosol Logistics IPO was subscribed?

Cargosol Logistics IPO subscription was 55.43 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

4. What is the listing price of Cargosol Logistics IPO?

Cargosol Logistics IPO listed at a listing price of 44.50 against the offer price of 28.00.

5. What is the current market price of Cargosol Logistics IPO?

The current market price of Cargosol Logistics is 27.25.