Committed Cargo Care IPO Details, Review, Prices

Committed Cargo Care IPO: Committed Cargo Care Limited IPO is a 24.98 crore rupee fixed price offering. The entire 32.44 lakh share offering is a new issuance. The IPO price for Committed Cargo Care is Rs 77 per share. 1600 shares are the bare minimum application lot size. Retail investors must make an initial investment of at least 123,200. For HNI, 2 lots (3,200 shares), or a minimum investment of Rs 246,400, are the required minimum lot size.

The subscription period for Committed Cargo Care IPO begins on October 6 and ends on October 10 of that year. On Friday, October 13, 2023, the Committed Cargo Care IPO’s allotment is anticipated to be completed. The proposed listing date for Committed Cargo Care’s IPO, which will list on NSE SME, is set for Wednesday, October 18, 2023.

The registrant for the Committed Cargo Care IPO is Bigshare Services Pvt Ltd, while Fedex Securities Pvt Ltd is the book-running lead manager. Nikunj Stock Brokers is the market maker for the Committed Cargo Care IPO.

Committed Cargo Care IPO Overview

Committed Cargo Care Limited Company Overview
Company Name Committed Cargo Care Limited
IPO Opening Date 06 October, 2023
IPO Closing Date 10 October, 2023
Face Value 10₹ Per Share
Share Price Range 77₹
Lot Size 1600 Shares Per Lot
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Issue Type Fixed Price Issue
Total IPO Issue Size 3,244,000 Shares
Fresh Issue Size 3,244,000 Shares
IPO Listing At NSE SME
Share Holding Pre Issue 7,569,600
Share Holding Post Issue 10,813,600
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Committed Cargo Care IPO Lot Size

Committed Cargo Care Limited IPO Lot Size
Minimum Retail Applications 01 Lot
Maximum Retail Applications 01 Lot
Minimum HNI Applications 02 Lots
Total Shares In Single Lot 1600 Shares
Amount For Single Lot ₹123,200


Committed Cargo Care IPO Time Table (Tentative)

Committed Cargo Care Limited IPO Time Table Complete Details
IPO Initiation Date 06 October, 2023
IPO Ending Date 10 October, 2023
Basis Of Allotment 13 October, 2023
Initiation Of Refund 16 October, 2023
Shares Credit To Demat Account 17 October, 2023
Date Of Listing 18 October, 2023
Cut Off Time For UPI Mandate Confirmation 05:00 PM, 10 October, 2023


Committed Cargo Care IPO Reservation Details

Committed Cargo Care Limited IPO Reservation Overview
Shares Offered To Retailers 50% Of Total Net Issue
Shares Offered To Others 50% Of Total Net Issue


Committed Cargo Care Company Financials

Committed Cargo Care Limited Company Financials Information
This Data Is Of 31 March, 2023
Total Revenue 8,404.10 Lakh
Assets 2,599.79 Lakh
Profit After Tax 151.10 Lakh
Net Worth 1,810.70 Lakh
Reserves And Surplus 1,053.74 Lakh
Debt 65.19 Lakh


Committed Cargo Care Promoters Holding

Share Holding Pre Issue 98.00%
Share Holding Post Issue 68.63%


Committed Cargo Care Key Performance Indicators

Limited Key Performance Indicators
KPI Values
P/E (X) 10.94
EPS 7.04
ROE 18.48%
ROCE 24.06%
RoNW 18.48%


Is Committed Cargo Care IPO Good Or Bad To Buy? (Review)

The corporation competes fiercely in its industry. Although the top line showed irregularity, the bottom line continued to increase. The expanding economy suggests promising futures for this industry. On the basis of annualized earnings for FY24, the issue is fully priced. Investors may park money in anticipation of medium- to long-term gains.


What Is The Future Of Committed Cargo Care Stock?

Committed Cargo Care Limited, a supplier of third party logistics with a focus on handling import and export cargo, was founded in 1998 and offers comprehensive services. India’s many industries that make up Committed Cargo Care’s clientele include those in the automotive and heavy engineering, telecom, food and agricultural, fast-moving consumer goods (FMCG), paint, handicrafts, e-commerce, textiles, pharma, and dairy sectors.

The business offers integrated logistics services such moving big and oversize cargo, managing orders, managing international freight, dealing with customs and cross-border movement, etc. In the fiscal years 2023, 2022, and 2021, the company’s revenue was 12,221.96 lakhs, 1,4612.17 lakhs, and 11,385.89 lakhs, respectively.


What Is The Objective Of Committed Cargo Care IPO Issue?

There are two main objectives of Committed Cargo care IPO Issue are fulfilling the need for working capital and corporate goals in general.


How To Apply For Committed Cargo Care IPO?

  • Visit the website for your broker and log in.
  • Select the Portfolio link that says “IPOs.”
  • Choose the ‘Bid’ option under the ‘Committed Cargo Care IPO’ section.
  • Price, quantity, and UPI ID should be entered.
  • Please “Submit” your IPO application.
  • Accept payment.

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