S J Logistics IPO Overview: Get ready for the S J Logistics IPO! The IPO is set to kick off on December 12 and will run until December 14. This NSE SME IPO aims to raise ₹48 crores, offering shares at a price band of ₹121 to ₹125, with a market lot of 1000 shares.
S J Logistics specializes in providing comprehensive logistics and supply chain solutions to its customers. Their core services include freight forwarding, customs clearance, and transportation handling services. As a registered Multimodal Transport Operator under the Multimodal Transportation of Goods Act 1993, they are equipped to conduct multimodal transportation.
Established in the year 2000 as a proprietorship concern, S J Logistics, under the leadership of its Promoter Rajen Hasmukhlal Shah, expanded its operations in 2003 by incorporating “SJ Logistics (India) Private Limited.” Since then, the company has steadily grown, broadening its service offerings and enhancing capabilities in the freight forwarding business.
Over the years, S J Logistics has diversified its services to cover multimodal transportation, regulatory compliance such as custom clearance, and other related offerings. The company is also involved in handling project cargo, providing tailored solutions for transporting oversized, over-dimensional, critical, or high-value cargo. This includes turnkey contract-based transport for items like power generating sets, excavators, transmission towers, and more.
S J Logistics has two subsidiary companies, namely SJA Logisol India Private Limited (“SJALIPL”) and S. J. L. Group (Singapore) Pte. Ltd. SJALIPL focuses on providing transportation and logistics services.
As S J Logistics steps into the IPO market, it brings with it a wealth of experience and a commitment to delivering efficient and reliable logistics solutions to its clients.
Purpose of the Offering:
- Clearing off or partially repaying specific borrowings taken by the company.
- Addressing the day-to-day operational needs by meeting working capital requirements.
- Attending to general corporate purposes.
S J Logistics IPO Review (Apply or Not)
- May Apply
S J Logistics IPO: Information on Date and Price Band.
| IPO Open: | 12-December-2023 |
| IPO Close: | 14-December-2023 |
| IPO Size: | Approx ₹48.00 Crores, 3,840,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹121 to ₹125 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
The market lot for S J Logistics IPO
To jump on board with the S J Logistics IPO, the smallest investment package includes 1000 shares, requiring an application amount of ₹125,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1000 | ₹125,000 |
| Retail Maximum | 1 | 1000 | ₹125,000 |
| S-HNI Minimum | 2 | 2000 | ₹250,000 |
S J Logistics IPO: Allotment and Listing Dates.
Circle December 12 on your calendar as the commencement of the S J Logistics IPO, with doors closing on December 14. The IPO allotment results are expected to be unveiled on December 15, paving the way for potential listing excitement on December 19.
| IPO Open Date: | 12-December-2023 |
| IPO Close Date: | 14-December-2023 |
| Basis of Allotment: | 15-December-2023 |
| Refunds: | 18-December-2023 |
| Credit to Demat Account: | 18-December-2023 |
| IPO Listing Date: | 19-December-2023 |
You may monitor the subscription status and allotment status of the IPO on their respective pages.
Applying for S J Logistics IPO
Interested in getting a piece of the S J Logistics IPO? It’s a breeze! Utilize the ASBA (Application Supported by Blocked Amount) facility in your bank account. Simply log in to your online banking, head to the Invest section, and choose the S J Logistics IPO for your application.
Alternatively, you can opt for the traditional route by downloading IPO forms directly from the NSE website. Click on NSE IPO Forms, grab the S J Logistics forms, fill them out, and then either submit them at your bank or hand them over to your broker. It’s that simple!
S J Logistics Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹124.02 | ₹122.86 | ₹0.86 |
| 2022 | ₹105.31 | ₹102.75 | ₹1.88 |
| 2023 | ₹135.01 | ₹125.48 | ₹7.62 |
| 2024 6M | ₹103.39 | ₹91.76 | ₹9.31 |
S J Logistics IPO Valuation – FY2023
Check S J Logistics IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹8.84 per Equity Share |
| Price/Earning P/E Ratio: | 14.14 |
| Return on Net Worth (RoNW): | 24.41% |
| Net Asset Value (NAV): | ₹36.22 per Equity Share |
Peer Group
- Cargotrans Maritime Limited
- Patel Integrated Logistics Limited
- Tiger Logistics (India) Limited
- Total Transport Systems Limited
Company Promoters
- Rajen Hasmukhlal Shah
S J Logistics IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: mukul@maashitla.com
Website: https://maashitla.com/
S J Logistics IPO Allotment Status
Check S J Logistics IPO allotment status on Maashitla Securities website URL. Click Here
S J Logistics IPO Lead Managers aka Merchant Bankers
- Hem Securities Limited
Company Address
S J Logistics (India) Limited
901/902/903, Centrum
Opposite Raila Devi Lake,
Wagle Estate, Thane (West)-400604,
Phone: +91 022 61982800
Email: cs@sjagroup.co.in
Website: https://www.sjlogistics.co.in/
