59  Total SME IPOs listed in 2025

2,613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Cargosol Logistics Limited IPO (Cargosol Logistics IPO) Detail

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.

IPO Category : SME
Exchange : BSE SME
Issue Type : Fixed Price

IPO Key Highlights

  • IPO Size: ₹ 7.56 Cr. Avg IPO Size (Sector Based) : ₹ 25.01 cr.
  • Sector: Logistics SME IPO so far: 48
  • Merchant Banker: Hem Securities SME IPO by BRLM so far: 126
  • City: Mumbai SME IPO so far: 280
  • Revenue (annualised): ₹ 200.72 cr.
            (annualised): ₹ 5.54 cr.
  • PE Ratio: 5.15x Average Sector PE Ratio: 15.95x

Cargosol Logistics IPO Date

Date of DRHP:
30th June 2022
IPO Open Date:
28th September 2022
IPO Closing Date:
30th September 2022
IPO Allotment Date:
6th October 2022
Initiation of Refund:
7th October 2022
IPO Listing Date:
10th October 2022

Cargosol Logistics IPO Info, Size, Subscription

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.

IPO Size :
₹ 7.56 Cr.

Issue Price:
₹ 28.00

Market Capitalisation :
₹ 28.56 Cr.

PE multiple :
5.15

Subscription :
55.43 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
73.52 %

Cargosol Logistics IPO Information

Sub Sector : Logistics service provider
Cargosol Logistics is a complete 3 PL (third-party logistics) service provider, delivering end-to-end solutions in the logistics and supply chain domain involving multimodal transport operations (MTO), owning and operating container, sea and air freight, transportation, warehousing, custom clearance services and handling of project cargo. As on the date of this Draft Prospectus, they operate a fleet of 12 commercial vehicles which are owned by them and apart from this, they also hire third party transport operators in case of high demand and business feasibility. They also provide warehousing facilities with their customers and their warehouses are well connected to several manufacturing and consumption clusters located at Thane, Maharashtra. They also handle NVOCC (Non Vessel Owning Common Carrier) facility for the sectors like Indian Sub-continent, Middle
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Object of Issue (Cargosol Logistics IPO Objectives)

  • Purchase of vehicle for commercial purpose
  • Purchase of Containers for expansion of the Non Vessel Owning Common Carrier (NVOCC division
  • To meet working capital requirements
  • General Corporate Purposes
  • To meet issue expenses

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 Market Maker

Hem Finlease Private Limited

Cargosol Logistics IPO Registrar (RTA)

Link Intime India Private Limited

Cargosol Logistics IPO Lead Manager (BRLM)

Hem Securities Limited

Cargosol Logistics IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Cargosol Logistics IPO?

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

When is Cargosol Logistics IPO allotment?

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.

When is Cargosol Logistics IPO listing date?

Cargosol Logistics IPO is expected to be listed on 10th October 2022.

What is the price band for Cargosol Logistics IPO?

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.

What is Cargosol Logistics IPO Review?

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.

How to Apply for Cargosol Logistics IPO?

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.

Who is the merchant banker of Cargosol Logistics IPO?

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.

Who is the Registrar of Cargosol Logistics IPO?

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.

What is the Cargosol Logistics IPO subscription?

Cargosol Logistics IPO was subscribed 55.43 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 7.56 Cr. Avg IPO Size (Sector Based) : ₹ 25.01 Cr.
  • Sector: Logistics SME IPO so far: 48
  • Merchant Banker: Hem Securities SME IPO by BRLM so far: 126
  • City: Mumbai SME IPO so far: 280
  • Revenue (annualised): ₹ 200.39 cr.
            PAT: (annualised): ₹ 5.54 cr.
  • PE Ratio: 5.15x Average Sector PE Ratio: 15.95x
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FAQs

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

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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