A-182, Mahipalpur Extension,
5, Road No 4,
South Delhi, Mahipalpur-New Delhi-110037
Phone: 011 - 41729003
Email: cs@braceport-logistics.com
Website: http://www.braceport-logistics.com/
Last updated on 21-Aug-2024 17:00:13
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 358400 | 161292800 | 450.04 |
| NIB | 800000 | 683744000 | 854.68 |
| RETAIL | 1200000 | 706489600 | 588.74 |
| Total | 2358400 | 1551526400 | 657.87 |
| Retail Apps | 441556 | © IPO Premium | |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹91.79 | @8% ₹104.9 | @9% ₹118.02 | @10% ₹131.13 | @11% ₹144.24 | @12% ₹157.35 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1600 | 128000 | 750 |
| HNI | 2 | 3200 | 256000 | 500 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 39.32% | 1200000 |
| NII (HNI) | 26.22% | 800000 |
| Anchor | 17.62% | 537600 |
| QIB | 11.75% | 358400 |
| Market Maker | 5.09% | 155200 |
| Total | 100.00% | 3051200 |
Brace Port Logistics IPO Details
| Total Issue Size | 3,051,200 shares (aggregating up to ₹[24.41] Cr) |
| Fresh Issue | 3,051,200 shares (aggregating up to ₹[24.41] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 8,250,000 |
| Share holding post issue | 11,301,200 |
| Market Maker portion | 155,200 shares Holani Consultant |
Key Performance Indicators
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 43.19% | 94.51% | 124.59% |
| ROCE | 47.05% | 89.16% | 103.15% |
| RONW | 35.52% | 69.60% | 76.77% |
| D/E | 0.04 | 0.07 | - |
| P/E Pre IPO | 13.49 | ||
| P/E Post IPO | 18.48 |
Financial Statement ( Restated)
| Period Ended | Mar-24 | Mar-23 | Mar-22 | Mar-21 |
|---|---|---|---|---|
| Assets | 2,783.29 | 1,310.78 | 1,179.14 | 409.61 |
| Revenue | 5,524.59 | 7,093.66 | 5,419.57 | 706.25 |
| Profit After Tax | 489.13 | 618.09 | 322.39 | 22.57 |
| Net Worth | 1,377.18 | 888.05 | 419.96 | 97.57 |
| Reserves and Surplus | 552.18 | 813.05 | 344.96 | 22.57 |
| Total Borrowing | 48.97 | 59.1 | 65.62 | |
| Amount in Lakhs | ||||
About Company
Brace Port Logistics Limited is a logistics service provider established in November 2020, offering a comprehensive range of services including ocean and air freight, warehousing, special cargo handling, customs clearance, and more. Catering to diverse industries like medical supplies, pharmaceuticals, and electronics, the company operates globally with a strong presence in countries such as Germany, Vietnam, UAE, Hong Kong, and Bangladesh. Committed to quality and safety, Brace Port has secured ISO certifications for Quality Management, Environmental Management, and Occupational Health and Safety. With a dedicated team of 20 employees across various departments, the company has been steadily expanding its operations since its inception.
Strength
Strong Leadership and Expertise: Experienced team with qualified workforce.
Established Client Relationships: Long-standing partnerships fostering trust and loyalty.
Extensive Market Reach: Pan-India and global presence ensuring wide customer base.
Weakness
Customer Concentration: Reliance on a limited number of key customers for revenue exposes the company to significant financial risk in case of customer loss or reduced business.
Third-Party Dependence: Dependence on third-party service providers can lead to delays and disruptions, impacting customer satisfaction and potentially damaging the company's reputation.
Trademark Registration Risk: Uncertainties in the trademark registration process pose a risk to brand protection, potentially hindering market positioning and growth.