Brace Port Logistics Ltd

Brace Port Logistics Ltd IPO

Brace Port Logistics Ltd IPO Price Range is ₹76 - 80, with a minimum investment of ₹1,28,000 for 1600 shares.

₹1,28,000

/ 1600 shares

Minimum Investment

View Brace Port Logistics Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹76 - 80

Open Date

2024-08-19

Close Date

2024-08-21

IPO Size

₹24.41 Cr

Lot Size

1600 shares

Min Investment

₹1,28,000

Listing Exchange

NSE

Brace Port Logistics Ltd IPO Application Timeline

passed
Open Date19 Aug 2024
passed
Close Date21 Aug 2024
passed
Allotment Date22 Aug 2024
passed
Listing Date26 Aug 2024

Strengths and Risks

Strengths

Strengths

  • Accomplished Leadership Team and qualified workforce.

  • Long Lasting Business Relationships.

  • PAN India and Global Reach.

  • Comprehensive Solutions for Transportation requirements.

  • Diverse customer base across many sectors.

  • Technology integrated services.

  • Quality of Services.

  • Supplier Relationship.


Risks

Risks

  • The company depends on certain key customers for its revenues. A decrease in the revenues its derives from them could materially and adversely affect its business, results of operations, cash flows and financial condition.

  • The company depends upon third parties to provide services which may result in delays in delivering the cargo/service on time, which in turn may lead to customer dissatisfaction and loss of further business.

  • Its use the trademark which the company has obtained through assignment from its Corporate Promoter M/s Skyways Air Services Private Limited, which is in the process of Registration of assignment. If its fail to obtain trademark registration the company brand building efforts may be hampered which might lead to an adverse effect on its business.

  • The company may be unable to meet certain obligations including timelines of delivery, due to which its could become liable to claims by customers, suffer adverse publicity and incur substantial costs as a result of deficiency in its services, which in turn could adversely affect the company results of operations.

  • Its freight forwarding business depends upon its network of overseas agents for fulfilment of logistics needs of its customers. The companys inability to maintain its relationships with the overseas agents or deficiency in the service provided by such agents may adversely affect its revenues and profitability.

  • The company does not verify the contents of the goods transported by it, thereby exposing the company to the risks associated with the transportation of goods in violation of applicable regulations.

  • The company is required to maintain certain licenses, approvals, registrations, consents and permits in the ordinary course of business. Failure to obtain the requisite approvals result in non-compliance and therefore, affect its business operations, financial condition, result of operations and prospects.

  • Its may face conflicts of interest relating to the company Promoter and certain Promoter Group entities.

  • Its relies extensively on the company IT systems to provide connectivity across its business functions through its software, hardware and network systems. Any failure in its IT systems or loss of connectivity or any loss of data arising from such failure can adversely impact its service levels.

  • Its insurance may be insufficient to cover all losses associated with the companys business operations.

How to Apply for Brace Port Logistics Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Brace Port Logistics Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Brace Port Logistics Ltd

Our Company is a service-based logistics company primarily engaged in the business of providing Ocean cargo logistics services to our clients operating in the various sectors of the economy. We also provide various value-added services like Air Freight, Warehousing facilities, special cargo services and custom clearance services. Our company along with our group companies and holding company have extensive network across the globe. We provide our services at a worldwide level where we cater for clients across the globe and even provide cross-border shipment facilities as well.

Frequently Asked Questions of Brace Port Logistics Ltd IPO

What is the size of the Brace Port Logistics Ltd IPO?

The size of the Brace Port Logistics Ltd IPO is ₹24.41 Cr.

What is the allotment date of the Brace Port Logistics Ltd IPO?

Brace Port Logistics Ltd IPO allotment date is Aug 22, 2024 (tentative).

What are the open and close dates of the Brace Port Logistics Ltd IPO?

The Brace Port Logistics Ltd IPO will open on Aug 19, 2024 and close on Aug 21, 2024

What is the lot size of Brace Port Logistics Ltd IPO?

The lot size for the Brace Port Logistics Ltd IPO is 1600.

When will my Brace Port Logistics Ltd IPO order be placed?

Your Brace Port Logistics Ltd IPO order will be placed on Aug 19, 2024

Can we invest in Brace Port Logistics Ltd IPO?

Yes, once Brace Port Logistics Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Brace Port Logistics Ltd IPO?

The potential listing gains on the Brace Port Logistics Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Brace Port Logistics Ltd IPO?

'Pre-apply' for Brace Port Logistics Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.