58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

SJ Logistics (India) Limited IPO (SJ Logistics (India) IPO) Detail

SJ Logistics (India) IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Logistics sector. Hem Securities is the merchant banker of SJ Logistics (India) IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th September 2023.

SJ Logistics (India) IPO open date is 12th December 2023 and close date is 14th December 2023. IPO Allotment Date is 15th December 2023 and Listing date is 19th December 2023.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Book Building

SJ Logistics (India) IPO Date

Date of DRHP:
30th September 2023
IPO Allotment Date:
15th December 2023
IPO Open Date:
12th December 2023
Initiation of Refund:
18th December 2023
IPO Closing Date:
14th December 2023
IPO Listing Date:
19th December 2023

SJ Logistics IPO Info, Size, Subscription

SJ Logistics (India) IPO size is Rs 48.00 Cr. crores with IPO price of Rs 125.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 48.00 Cr.

Issue Price:
₹ 125.00

Market Capitalisation :
₹ 180.79 Cr.

PE multiple :
9.72

Subscription :
125.00 times

Pre Issue Promoter Holding :
67.55 %

Post Issue Promoter Holding :
49.64%

SJ Logistics (India) IPO Information

Sub Sector : providing logistics and supply chain solutions
S J Logistics is engaged in the business of providing logistics and supply chain solutions to their customers. Their key services include freight forwarding, custom clearance and transportation handling services. They are a Multimodal Transport Operator registered under the Multimodal transportation of Goods Act 1993 to carry on the business of multimodal transportation. They started the business as a proprietorship concern during the year 2000 under the leadership of their Promoter Rajen Hasmukhlal Shah. Later, during the year 2003, considering the market demand and business opportunity in the logistics and freight forwarding business, their promoter incorporated and carry on the business of freight forwarding under the name and style of “SJ Logistics (India) Private Limited” and since then, they have grown their presence, expanded the
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Object of Issue (SJ Logistics IPO Objectives)

  • Repayment and/or pre-payment, in whole or part, of certain borrowings availed by the Company
  • To meet working capital requirements
  • General Corporate Purpose

Hem Securities Limited is the book-running lead manager of the SJ Logistics (India) IPO. Maashitla Securities Private Limited is the Registrar and Market Maker is Hem Finlease Private Limited for SJ Logistics (India) IPO.

SJ Logistics IPO Market Maker

Hem Finlease Private Limited

SJ Logistics IPO Registrar (RTA)

Maashitla Securities Private Limited

SJ Logistics IPO Lead Manager (BRLM)

Hem Securities Limited

SJ Logistics (India) IPO anchor investors are the below investors. The number of anchor investors in this IPO is 9.

Anchor Investors in SJ Logistics IPO

No. of Anchor Investors: 9

Anchor Investor Name   No. of shares Allotted Offer Price (in Rs.) Amount Invested (in Rs.)
Rajasthan Global Securities 160,000.00 ₹125.00 ₹20,000,000.00
Persistent Growth Fund- 104,000.00 ₹125.00 ₹13,000,000.00
India - Ahead 160,000.00 ₹125.00 ₹20,000,000.00
Chhattisgarh Investments Limited 160,000.00 ₹125.00 ₹20,000,000.00
FINAVENUE CAPITAL TRUST 108,000.00 ₹125.00 ₹13,500,000.00
Chanakya Opportunities Fund 80,000.00 ₹125.00 ₹10,000,000.00
VPK Global Ventures 80,000.00 ₹125.00 ₹10,000,000.00
India Max Investment 160,000.00 ₹125.00 ₹20,000,000.00
3 SIGMA GLOBAL 80,000.00 ₹125.00 ₹10,000,000.00

SJ Logistics (India) IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is SJ Logistics (India) IPO?

SJ Logistics (India) IPO, based in Mumbai, operates in the   Logistics sector with a focus on providing logistics and supply chain solutions. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. SJ Logistics (India) IPO size is ₹ 48.00 Cr. Crores with fresh issue size of Rs 48.00 Cr. Crores and Offer for sale being Nil.

When is SJ Logistics IPO allotment?

The IPO allotment date for SJ Logistics (India) IPO is expected to be 15th December 2023, after the finalization of basis of allotment. Investors can check SJ Logistics (India) IPO allotment status on the registrars website, Maashitla Securities Private Limited. SJ Logistics (India) IPO refund dates are 18th December 2023.

When is SJ Logistics (India) IPO listing date?

SJ Logistics (India) IPO is expected to be listed on 19th December 2023.

What is the price band for SJ Logistics IPO?

The upper price band for the SJ Logistics (India) IPO is set at ₹ 125.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is SJ Logistics (India) IPO Review?

For IPO analysis on SJ Logistics (India) IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for SJ Logistics (India) IPO?

To apply for the SJ Logistics (India) IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 14th December 2023. After submission, funds are blocked until the basis of allotment of SJ Logistics (India) IPO is finalised.

Who is the merchant banker of SJ Logistics IPO?

The merchant banker for SJ Logistics (India) IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the SJ Logistics (India) IPO RHP for further details.

Who is the Registrar of SJ Logistics (India) IPO?

The registrar for SJ Logistics (India) IPO is Maashitla Securities Private Limited. Investors can go to Maashitla Securities Private Limited registrar website for IPO allotment status, refund processing, and other queries related to SJ Logistics (India) IPO through their official website or helpline.

What is the SJ Logistics (India) IPO subscription?

SJ Logistics (India) IPO was subscribed 125.00 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 48.00 Cr. Avg IPO Size (Sector Based) : ₹ 25.40 Cr.
  • Sector: Logistics SME IPO so far: 49
  • Merchant Banker: Hem Securities SME IPO by BRLM so far: 47
  • City: Mumbai SME IPO so far: 280
  • Revenue (annualised): ₹ 206.18 cr.
            PAT: (annualised): ₹ 18.62 cr.
  • PE Ratio: 9.72x Average Sector PE Ratio: 15.61x
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FAQs

SJ Logistics (India) IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on SJ Logistics (India) Financial Review Page

SJ Logistics (India) IPO subscription was 125.00 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.

SJ Logistics (India) IPO listed at a listing price of 175.00 against the offer price of 125.00.

The current market price of SJ Logistics (India) is 523.00.

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