Brace Port Logistics Ltd

Brace Port Logistics Ltd IPO

IPO Price Range: ₹76 - 80

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.

Min Investment

₹1,28,000

IPO Size

₹24 Cr

IPO Status

Closed

Quantity in 1 Lot

1600

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Brace Port Logistics Ltd

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

Key Statistics

Bid Opening DateBid Opening Date19 Aug 2024
Bid Closing DateBid Closing Date21 Aug 2024
Allotment DateAllotment Date22 Aug 2024
Issue SizeIssue Size₹24.41Cr
Quantity in 1 lotQuantity in 1 lot1600

Strength and risks

Strength

Strength

  • 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.


Risk

Risk

  • 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.

Promoters Holding

Investors Holdings %
Yash Pal Sharma1.03%
Tarun Sharma1.03%
Sachin Arora21%
Rishi Trehan3%
Skyways Air Services Pvt Ltd69.98%

About Brace Port Logistics Ltd

OrganisationBrace Port Logistics Ltd
HeadquartersMahipalpur
IndustryLogistics

Frequently Asked Questions

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

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

  • 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.

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

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

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

    The open and close dates of the Brace Port Logistics Ltd IPO are 19 Aug 2024 to 21 Aug 2024.

  • What is the lot size and minimum order quantity of the Brace Port Logistics Ltd IPO?

    The lot size and minimum order quantity of the Brace Port Logistics Ltd IPO are 1600 and 1600 respectively.

  • 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.