Discover the details of the S J Logistics IPO, from opening and closing dates to price bands and market trends. Explore the company’s financial performance, key strengths, and market positioning. Make an informed decision about this promising investment in the logistics sector.
S J Logistics IPO, a book-built issue valued at Rs 48.00 crores, is set to revolutionize the logistics and supply chain industry. Let’s delve into the critical aspects of this IPO, offering a fresh perspective on investment opportunities.
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Key S J Logistics IPO Detail:
S J Logistics IPO Schedule: The subscription window for S J Logistics (India) IPO opens on December 12, 2023, and concludes on December 14, 2023. The allotment results will be announced on December 15, 2023. Anticipate the listing on NSE SME by December 19, 2023.
S J Logistics IPO Pricing: With a price band of ₹121 to ₹125 per share, this IPO presents an attractive opportunity. Retail investors can enter the market with a minimum investment of ₹125,000.
S J Logistics IPO Size and Type: The issue comprises 3,840,000 fresh shares, aggregating up to ₹48.00 Cr, making it a book-built issue IPO listed on NSE SME.
Financial Insights:
S J Logistics Performance Snapshot: In the fiscal year 2023, S J Logistics witnessed a substantial increase in revenue by 29.88% and a remarkable 340.23% surge in profit after tax compared to the previous fiscal year.
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Key Performance Indicators: Market Cap of Rs 181.04 Cr, P/E ratio at 14.14, and robust financial indicators, such as ROE and ROCE, showcase the company’s financial strength.
Investment Analysis:
Subscription Trends and GMP: As of December 11, 2023, the grey market price (GMP) indicates a listing premium of 40%, positioning S J Logistics as a highly sought-after investment.
S J Logistics IPO Allocation: The IPO allocates 47.45% to QIBs, 33.25% to retail investors, and 14.27% to HNI/NII investors.
Conclusion: S J Logistics IPO, scheduled for listing on December 19, 2023, is a compelling investment opportunity in the logistics sector. With a robust financial track record, promising market indicators, and positive GMP, investors should consider this IPO for long-term rewards.
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