| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹24.41 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹24.41 Cr |
| Fresh Issue | ₹23.17 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน76.00-80.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | BRACEPORT |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Holani Consultants Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,600 shares and in multiples thereof
Incorporated in November 2020, Brace Port Logistics Limited is a company that specializes in providing ocean cargo logistics services to clients across various sectors of the economy.
The company also provides services such as Air Freight, Warehousing facilities, special cargo services such as handling cargo in foreign countries and delivery of the same in other foreign countries and customs clearance services.
The company has a strong network that serves customers in various industries including medical supplies, pharmaceuticals, sports goods, perishables, electronics, consumer durables, and automotive, both in India and globally.
The company provide services to countries such as Germany, Vietnam, UAE, Hongkong and Bangladesh.
The company is certified for Quality Management Systems (ISO ISO 9001:2015), Environmental Management System (ISO 14001:2015), and Occupational Health and Safety Management System (ISO 45001:2015).
On August 31, 2023, the company employed 20 people. They worked in departments such as Accounts & Finance, Compliance, Maintenance, Marketing & Logistics, Production & Operations, Quality, Top-Level Management, and Permanent Labor.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of our Company | 16.10 |
| 2 | General corporate purposes | 4.49 |
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 27.83 | 13.11 | 11.79 | 4.10 |
| Total Income | 55.25 | 70.94 | 54.20 | 7.06 |
| Profit After Tax | 4.89 | 6.18 | 3.22 | 0.23 |
| NET Worth | 13.77 | 8.88 | 4.20 | 0.98 |
| Reserves and Surplus | 5.52 | 8.13 | 3.45 | 0.23 |
| Total Borrowing | 0.49 | 0.59 | 0.66 | |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 43.19% |
| ROCE | 47.05% |
| Debt / Equity | 0.04% |
| RoNW | 35.52% |
| PAT Margin | 8.89% |
| Price to Book Value | 4.79 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 5.93 | 4.33 |
| P/E (x) | 13.49 | 18.48 |
| Promoter Holding | 96.04% | 70.11% |
| Market Cap | โน90.41 Cr. | |