Committed Cargo Care IPO GMP Details
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Committed Cargo Care Limited, Established in 1998, is a Delhi-based company with the distinction of being an ISO 9001:2015 certified organization. It operates as a Third Party Logistics Provider, offering an array of services including Import & Export Cargo handling and comprehensive integrated solutions to its clientele.
Commencing its journey as a Clearing House Agent, Committed Cargo Care has since undergone significant expansion, establishing operational hubs in key cities such as Delhi, Mumbai, Chennai, Jaipur, Ludhiana, and Agra. Additionally, the company boasts a network of affiliated offices both within India and internationally.
The company holds prestigious memberships with esteemed industry bodies, including FIATA, The Air Cargo Agent Association of India (ACAAI), and the International Air Transport Association (IATA).
Objects of the Issue (Committed Cargo Care IPO Objectives)
The company intends to employ the net proceeds garnered from the issue for the subsequent purposes:
- Fulfilling working capital needs
- General corporate objectives
Committed Cargo Care IPO Details
Committed Cargo Care IPO is a fixed-price offering worth Rs 24.98 crores, and it consists solely of a fresh issue of 32.44 lakh shares.
IPO Date | October 6, 2023 to October 10, 2023 |
Listing Date | October 18, 2023 |
Face Value | ₹10 per share |
Price | ₹77 per share |
Lot Size | 1600 Shares |
Total Issue Size | 3,244,000 shares (aggregating up to ₹24.98 Cr) |
Fresh Issue | 3,244,000 shares (aggregating up to ₹24.98 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
Share holding pre issue | 7,569,600 |
Share holding post issue | 10,813,600 |
Market Maker portion | 164,800 shares |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Committed Cargo Care IPO Reservation
Investor Category | Shares Offered |
---|---|
Retail Shares Offered | 50% of the Net Issue |
Other Shares Offered | 50% of the Net Issue |
Committed Cargo Care IPO Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. See the table below for the minimum and maximum investment limits for retail investors and HNI in terms of shares and amounts.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 1600 | ₹123,200 |
Retail (Max) | 1 | 1600 | ₹123,200 |
HNI (Min) | 2 | 3,200 | ₹246,400 |
Committed Cargo Care IPO Dates
Committed Cargo Care IPO opens on October 6, 2023, and closes on October 10, 2023.
IPO Open Date | Friday, October 6, 2023 |
IPO Close Date | Tuesday, October 10, 2023 |
Basis of Allotment | Friday, October 13, 2023 |
Initiation of Refunds | Monday, October 16, 2023 |
Credit of Shares to Demat | Tuesday, October 17, 2023 |
Listing Date | Wednesday, October 18, 2023 |
Cut-off time for UPI mandate confirmation | 5 PM on October 10, 2023 |
Committed Cargo Care Limited Financial Report
Committed Cargo Care Limited experienced a 16.22% decrease in revenue, while its profit after tax (PAT) increased by 72.7% between the fiscal year ending on March 31, 2023, and March 31, 2022.
Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
---|---|---|---|---|
Assets | 4,015.13 | 3,309.84 | 3,035.65 | 2,599.79 |
Revenue | 12,242.77 | 14,612.17 | 11,385.89 | 8,404.10 |
Profit After Tax | 533.17 | 308.72 | 232.20 | 151.10 |
Net Worth | 2,884.79 | 2,351.63 | 2,042.90 | 1,810.70 |
Reserves and Surplus | 2,127.83 | 1,594.67 | 1,285.94 | 1,053.74 |
Total Borrowing | 67.34 | 14.69 | 31.42 | 65.19 |
Key Performance Indicator of Committed Cargo Care Ltd
KPI | Values |
---|---|
P/E (x) | 10.94 |
ROE | 18.48% |
ROCE | 24.06% |
EPS (Rs) | 7.04 |
RoNW | 18.48% |
Committed Cargo Care IPO Promoter Holding
Mr. Rajeev Sharma, Mr. Nitin Bharal, Mr. Narendra Singh Bisht, and Mr. Yashpal Arora are the company’s promoters.
Share Holding Pre Issue | 98.00% |
Share Holding Post Issue | 68.63% |
Committed Cargo Care IPO Contact Details
Committed Cargo Care Limited
Khasra No. 406, Ground Floor,
A – Block, Gali No. – 8 Mahipalpur Extn.,
New Delhi– 110037
Phone: 011-46151111
Email: hr@committedgroup.com
Website: http://www.committedgroup.com/
Committed Cargo Care IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Committed Cargo Care IPO FAQs
What is Committed Cargo Care IPO?
Committed Cargo Care IPO comprises 3,244,000 equity shares with a face value of ₹10, amounting to a total of ₹24.98 Crores. Each share is priced at ₹77, and the minimum order quantity is 1600 shares. The IPO subscription period is from October 6, 2023, to October 10, 2023.
Bigshare Services Pvt Ltd is the appointed registrar for this IPO, and the company intends to list its shares on the NSE SME platform.
When will the Committed Cargo Care IPO open?
The Committed Cargo Care IPO will open for subscription on October 6, 2023, and the subscription period will conclude on October 10, 2023.
Who is the registrar for Committed Cargo Care IPO?
Bigshare Services Pvt Ltd is the registrar for the Committed Cargo Care IPO. The shares are proposed to be listed on NSE SME.
How can I apply for Committed Cargo Care IPO through Zerodha?
Zerodha customers can apply for Committed Cargo Care IPO online using UPI as a payment gateway. To apply, log in to Zerodha Console, go to Portfolio, click on the IPOs link, find the ‘Committed Cargo Care IPO’ row, and click the ‘Bid’ button. Enter your UPI ID, Quantity, and Price, and submit the IPO application form. Then, visit the UPI App (net banking or BHIM) to approve the mandate.
What is the lot size of Committed Cargo Care IPO?
The lot size for the Committed Cargo Care IPO is 1600 shares, and the minimum investment required is ₹123,200.
How can I apply for Committed Cargo Care IPO?
You can apply for Committed Cargo Care IPO online using either UPI or ASBA as the payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.
When will the Committed Cargo Care IPO allotment be finalized?
The Basis of Allotment for the Committed Cargo Care IPO will be finalized on Friday, October 13, 2023, and the allocated shares will be deposited into your demat account by Tuesday, October 17, 2023. You can check the allotment status of the Committed Cargo Care IPO.
When is the Committed Cargo Care IPO listing date?
The listing date for the Committed Cargo Care IPO has not been officially announced. The tentative listing date for the Committed Cargo Care IPO is Wednesday, October 18, 2023.