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 |
| GMP | Check Here |
| 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 |
| More IPO’s | Check Here |
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.