GConnect Logitech and Supply Chain
GConnect Logitech and Supply Chain Info
Details about the GConnect Logitech and Supply Chain IPO. Opening Date of GConnect Logitech and Supply Chain is 26 Mar 24 and Closing Date is 28 Mar 24 . Face Value of Each share of GConnect Logitech and Supply Chain is ₹10 per share. Fixed price of GConnect Logitech and Supply Chain is ₹40. The Lot size of GConnect Logitech and Supply Chain is 3,000 shares. Total issue size of GConnect Logitech and Supply Chain IPO is ₹5.6 cr. Fresh Issue of GConnect Logitech and Supply Chain IPO is 5.6 cr. This is a Fixed Price Issue IPO. Expected to list on BSE SME. Share Holding Pre Issue of GConnect Logitech and Supply Chain is 2,318,547. Share Holding Post Issue of GConnect Logitech and Supply Chain is 3,719,547.
Business Summary
GConnect Logitech and Supply Chain is engaged in the business of providing surface logistics services viz. goods transport services with the primary focus being the state of Gujarat.
Company offers its services to other logistic companies, including surface logistic companies and to direct customers. The range of services offered by the Company includes bulk load, Full Truck Load (FTL) service and dedicated load.
Company also provide dedicated load service, which includes multiple pickups and drops. Company mainly serves transport contractors and industrial customers, who have requirement to transport bulk quantities of their goods from one place to another within India.
GConnect Logitech and Supply Chain IPO Details
| Open Date | 26 Mar 24 |
|---|---|
| Close Date | 28 Mar 24 |
| Face Value | ₹10 per shares |
| Price | ₹40 |
| Lot Size | 3,000 Shares |
| Total issue Size | 1,401,000 Shares ₹5.6 cr |
| Fresh Issue | 1,401,000 Shares ₹5.6 cr |
| Issue Type | Fixed Price Issue |
| Listing At | BSE SME |
| Share Holding Pre Issue | 2,318,547 |
| Share Holding Post Issue | 3,719,547 |
| Market Maker | Aftertrade Share Broking |
| Market Maker Portion | 75,000 Shares |
| RHP , DHRP | View RHP, View DRHP |
GConnect Logitech and Supply Chain IPO Timeline
The GConnect Logitech and Supply Chain Initial Public Offering (IPO) is set to open on 26 Mar 24 and will end its subscription phase on 28 Mar 24. You can check your allotment status for GConnect Logitech and Supply Chain on 01 Apr 24. The refund process for your funds will start promptly on 02 Apr 24. GConnect Logitech and Supply Chain IPO credit of shares will be on 02 Apr 24. The listing date for GConnect Logitech and Supply Chain is on 03 Apr 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
GConnect Logitech and Supply Chain IPO Reservation
The GConnect Logitech and Supply Chain IPO reserves shares for different investor categories. Approximately 50% of the Net Issue will be available for NII, 50% of the Net Issue will be available for Retail,
75,000 Shares will be reserved for subscription by Aftertrade Share Broking
| Investor Category | Shares Offered |
|---|---|
| NII | 50% of the Net Issue |
| Retail | 50% of the Net Issue |
GConnect Logitech and Supply Chain IPO Lot Size
Bids can be made for minimum of 3000 shares and in multiple of 3000 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | 120,000 |
| Retail (Max) | 1 | 3,000 | 120,000 |
| HNI (Min) | 2 | 6,000 | 240,000 |
GConnect Logitech and Supply Chain IPO Promoters Holding
Promoters holding details for GConnect Logitech and Supply Chain in the current issue is as follows: The share holding of promoters before the issue stands at 76.76%, and after the issue, it has been adjusted to 47.85%.
Promoters of GConnect Logitech and Supply Chain are Mr. Jigar Vinodbhai Sheth, Mr. Vinod Venilal Sheth,
| Share Holding Pre Issue | 76.76% |
|---|---|
| Share Holding Post Issue | 47.85% |
GConnect Logitech and Supply Chain Financial Information
Financial performance details for GConnect Logitech and Supply Chain over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Sept 23 | 31 Mar 23 |
|---|---|---|
| Assets | 423.25 | 82.46 |
| Revenue | 212.57 | 101.03 |
| Profit After Tax | 22.83 | 10.86 |
GConnect Logitech and Supply Chain IPO Key Performance Indicator
Key Performance Indicators (KPIs) for GConnect Logitech and Supply Chain are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 1.5 |
| ROCE | 7.67% |
| ROE | 5.73% |
| RoNW | 5.73% |
| EPS (Rs) | 26.64 |
Object of the Issue
- • Purchase of Vehicles and Body Building
- • Finance the Website Development and App Designing
- • General Corporate Purpose
Contact Details for GConnect Logitech and Supply Chain
Phone
Office
Shop No. 6, Sadguru Complex, Nari Chowkadina, Bhavnagar – 364 001, Gujarat, India.
Registrar Details for GConnect Logitech and Supply Chain
Kfin Technologies Limited
Phone
Office
Selenium, Tower B, Plot No –31 and 32, Financial District Nanakramguda, Serilingampally Hyderabad, Rangareddi 500 032 Telangana, India
Lead Manager
- • Fedex Securities Pvt Ltd