Incorporated in 2007, Chattisgarh based Shree Vasu Logistics Limited is a company engaged in providing various logistic services such as acting as Carrying and Forwarding Agent, Warehousing and Inventory Management and Distribution Management through Secondary Transportation.
Shree Vasu has positioned itself as a third party Logistics Services Provider (LSP). It operates the business mainly through carrying and forwarding agent model in the domestic market. At present, it is serving diverse industries like FMCG, Automotives, food, Electronics, Industrial Equipments and Electricals, Lifestyle Products etc.
The company has 366 employees on its payroll.
The promoters of the Company are Atul Garg and Shree Bhushan Garg. They hold, in aggregate, 50,04,000 Equity Shares representing 89.68% of the pre-issue paid up Capital of the Company.
|Particulars||For the year/period ended (in Rs. Lakhs)|
|Profit After Tax||78.69||75.62||66.18||52.66||39.72|
The Objects of the Issue are-
1. Funding the working capital requirements of the Company
2. General corporate purposes.
»» Issue Open: May 23, 2018 - May 25, 2018
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: 2,064,000 Equity Shares of Rs 10 aggregating up to Rs 9.29 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 45 Per Equity Share
»» Market Lot: 3000 Shares
»» Minimum Order Quantity: 3000 Shares
»» Listing At: NSE SME
Shree Vasu Logistics IPO Subscription Status tells if Shree Vasu Logistics IPO subscribed or not. Investors can bid for IPO shares between 10 AM to 5 PM when public issue is open. Shree Vasu Logistics IPO oversubscribed if bids are received for more shares than what is offered by the company.
|Number of Bids Received|
|As on Date & Time||QIB||NII||RII||Others||Total|
|Shares Offered / Reserved||0||978,000||978,000||108,000||2,064,000|
|Day 1 - May 23, 2018 17:00 IST||0||1,776,000||75,000||-||1,851,000|
|Day 2 - May 24, 2018 17:00 IST||0||2,001,000||183,000||-||2,184,000|
|Day 3 - May 25, 2018 17:00 IST||0||2,400,000||861,000||-||3,261,000|
Vote Here ...
Do you know you could reduce the brokerage cost significantly by moving to another stock broker? Our expert team compared top share brokers in India to help investors like you. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.
We can help you choosing the right broker. Contact us today...