Cargosol Logistics IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Mumbai and caters to Logistics sector. Hem Securities is the merchant banker of Cargosol Logistics IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th June 2022.
Cargosol Logistics IPO open date is 28th September 2022 and close date is 30th September 2022. IPO Allotment Date is 6th October 2022 and Listing date is 10th October 2022.Cargosol Logistics IPO size is ₹ 7.56 Cr. with IPO price of ₹ 28.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the Cargosol Logistics IPO. Link Intime India Private Limited is the Registrar and Market Maker is Hem Finlease Private Limited for Cargosol Logistics IPO.
Cargosol Logistics IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Cargosol Logistics IPO, based in Mumbai, operates in the Logistics sector with a focus on Logistics service provider. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Cargosol Logistics IPO size is ₹ 7.56 Cr. with fresh issue size of ₹ 7.56 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Cargosol Logistics IPO is expected to be 6th October 2022, after the finalization of basis of allotment. Investors can check Cargosol Logistics IPO allotment status on the registrars website, Link Intime India Private Limited. Cargosol Logistics IPO refund dates are 7th October 2022.
Cargosol Logistics IPO is expected to be listed on 10th October 2022.
The upper price band for the Cargosol Logistics IPO is set at ₹ 28.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Cargosol Logistics IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Cargosol Logistics IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 30th September 2022. After submission, funds are blocked until the basis of allotment of Cargosol Logistics IPO is finalised.
The merchant banker for Cargosol Logistics IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Cargosol Logistics IPO RHP for further details.
The registrar for Cargosol Logistics IPO is Link Intime India Private Limited. Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Cargosol Logistics IPO through their official website or helpline.
Cargosol Logistics IPO was subscribed 55.43 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Cargosol Logistics IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Cargosol Logistics Financial Review Page
Merchant Banker(s) of Cargosol Logistics IPO: Hem Securities Limited
Cargosol Logistics IPO subscription was 55.43 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Cargosol Logistics IPO listed at a listing price of 44.50 against the offer price of 28.00.
The current market price of Cargosol Logistics is 19.50.
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