Shree Vasu Logistics IPO

Shree Vasu Logistics IPOBusiness description - Shree Vasu Logistics is engaged in providing various logistic services such as acting as Carrying and Forwarding Agent, Warehousing and Inventory Management and Distribution Management though Secondary Transportation. It has positioned itself as a third party Logistics Services Provider (LSP). The company operates its business mainly through carrying and forwarding agent model in the domestic market. Its registered office is located at Raipur, Chhattisgarh. The company offers its services mainly in the domestic market specifically in the state of Chhattisgarh.

Promoters of Shree Vasu Logistics – Atul Garg and Shree Bhushan Garg
Shree Vasu Logistics IPO details
Subscription Dates 23 - 25 May 2018
IPO Price band INR45 per share
Fresh issue 2,064,000 shares (INR9.29 crore)
Offer for sale Nil
Total IPO size 2,064,000 shares (INR9.29 crore)
Minimum bid (lot size) 3,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform
Use of funds
  • Working capital requirements - INR7.04 crore
  • General corporate purposes - INR1.35 crore
  • Public issue expenses - INR0.90 crore
Shree Vasu Logistics' financial performance (in INR lakh)
FY2013 FY2014 FY2015 FY2016 FY2017 9M FY2018
Total revenue 1,642.8 1,806.2 2,178.0 2,302.5 2,769.2 2,279.2
Total expenses 1,584.8 1,735.6 2,083.0 2,203.9 2,653.6 2,020.9
Profit after tax 39.7 52.7 66.2 75.6 78.7 189.1
Shree Vasu Logistics' Contact Details

Shree Vasu Logistics Limited
Logistics Park, Opp. Jaika Automobiles,
Ring Road No. 1
Raipur - 492 001

Phone: +91 0771 661 4848
Email: cs@logisticpark.biz
Website: www.shreevasulogistics.com

Shree Vasu Logistics IPO Subscription Details
Day Subscription (no. of times)
Day 1 0.90
Day 2 1.06
Day 3 1.58
Shree Vasu Logistics Valuation (Latest FY)

Earnings Per Share (EPS): INR1.41

Price/Earnings (P/E) ratio: 31.91

Return on Net Worth (RONW): 13.62%

Net Asset Value (NAV): INR10.35 per share

Registrar of Shree Vasu Logistics IPO

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072

Phone: +91 22 4043 0200 
Fax: 
+91 22 2847 5201
Email:
 ipo@bigshareonline.com
Website: www.bigshareonline.com

Shree Vasu Logistics IPO Allotment Status

Shree Vasu Logistics IPO allotment status is now available on Bigshare Services' website. Click on this link to get allotment status.

Listing performance of Shree Vasu Logistics

IPO Opening Date: 23 May 2018

IPO Closing Date: 25 May 2018

Finalisation of Basis of Allotment: 30 May 2018

Initiation of refunds: 31 May 2018

Transfer of shares to demat accounts: 1 June 2018

Listing Date: 4 June 2018

Listing Price on NSE SME: INR48 per share (up 6.67% from IPO price)

Closing Price on NSE SME: INR48.50 per share (up 7.77% from IPO price)

Shree Vasu Logistics IPO
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