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Shree Vasu Logistics Limited IPO (Shree Vasu Logistics IPO) Detail

May 23, 2018 - May 25, 2018

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.

Company Promoters:

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.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 2729.54 2549.22 2335.31 1932.10 1746.98
Total Revenue 2769.19 2302.46 2178.03 1806.21 1642.76
Profit After Tax 78.69 75.62 66.18 52.66 39.72

Objects of the Issue:

The Objects of the Issue are-

1. Funding the working capital requirements of the Company
2. General corporate purposes.

Shree Vasu Logistics IPO Details

IPO Opening Date May 23, 2018
IPO Closing Date May 25, 2018
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹45 per equity share
Market Lot 3000 Shares
Min Order Quantity 3000 Shares
Listing At NSE SME
Issue Size2,064,000 Eq Shares of ₹10
(aggregating up to ₹9.29 Cr)

Shree Vasu Logistics IPO Tentative Timetable

The Shree Vasu Logistics IPO open date is May 23, 2018, and the close date is May 25, 2018. The issue may list on Jun 4, 2018.

IPO Open Date May 23, 2018
IPO Close Date May 25, 2018
Basis of Allotment Date May 30, 2018
Initiation of Refunds May 31, 2018
Credit of Shares to Demat Account Jun 1, 2018
IPO Listing Date Jun 4, 2018

Shree Vasu Logistics IPO Lot Size

The Shree Vasu Logistics IPO market lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹135,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 3000 ₹135,000
Maximum 1 3000 ₹135,000

Shree Vasu Logistics IPO Review

There is no harm in giving this fully priced issue a miss.

Read detail review...

Shree Vasu Logistics IPO Subscription Status (Bidding Detail)

The Shree Vasu Logistics IPO is subscribed 1.67 times on 5/25/2018 5:00:00 PM. The public issue subscribed 0.88 times in the retail category, times in the QIB category, and 2.45 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII2.45
Retail0.88
Total1.67

Shree Vasu Logistics IPO Prospectus

Shree Vasu Logistics IPO Rating

36
3.3
Rating:Rated 3.3 stars
Vote Here ...

Shree Vasu Logistics IPO Listing Date

Listing Date Monday, June 4, 2018
BSE Script Code
NSE Symbol SVLL
Listing In
ISIN INE00CE01017
IPO Price ₹45 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
NSE SME
IPO Price: ₹45.00
Open: ₹48.00
Low: ₹48.00
High: ₹48.70
Last Trade: ₹48.50

Company Contact Information

Shree Vasu Logistics Limited
Logistics Park
Opp. Jaika Automobiles
Ring Road No. 1 Raipur 492001
Phone: 0771-6614848
Email: cs@logisticpark.biz
Website: http://www.shreevasulogistics.com

Shree Vasu Logistics IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Shree Vasu Logistics IPO Reviews / Ratings

Shree Vasu Logistics IPO FAQs

Shree Vasu Logistics IPO is a SME IPO of 2,064,000 equity shares of the face value of ₹10 aggregating up to ₹9.29 Crores. The issue is priced at ₹45 per equity share. The minimum order quantity is 3000 Shares.

The IPO opens on May 23, 2018, and closes on May 25, 2018.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Shree Vasu Logistics IPO opens on May 23, 2018 and closes on May 25, 2018.

Shree Vasu Logistics IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.

You can apply in Shree Vasu Logistics IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Shree Vasu Logistics IPO will be done on May 30, 2018, and the allotted shares will be credited to your demat account by Jun 1, 2018. Check the Shree Vasu Logistics IPO allotment status.

The Shree Vasu Logistics IPO listing date is on Monday, June 4, 2018.

Shree Vasu Logistics IPO Message Board

Ranked Members  Ranked Members

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84 Comments

38. IpoNewbie |Jun 5, 2018 8:07:40 AM
Good for long and short term
Exit from portfolios which are not performing and invest in this.
Will see at least 35 % in next 2 quarters
37. Small Investor |Jun 4, 2018 6:18:27 PM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
good return by the company and profit will continue for next 5-10 days

next target is 65

keep hold i also hold 2 lot
36. IpoNewbie |Jun 4, 2018 1:27:40 PM
the day has not ended mere bhai and bet iski the check my 3 message
"anuj bhai bet laga lo 5% up closing on listing day"
kya yaar financial data sahi se nahi padhte message toh sahi se padha karo
35. IpoNewbie |May 31, 2018 11:05:29 AM
definite 2 upper circuits for this one even if subscription no are not that good
35.6. IpoNewbie |Jun 4, 2018 11:46:58 AM
Ab bolo anujsme ji listing me toh profit hi dikh raha hai
bet har gaya ab apne konse share mere naam kar rahe ho ;)
35.7. anujsme |Jun 4, 2018 1:24:26 PM
Where r the 2 upper circuits bhai.
34. anujsme |Jun 1, 2018 4:11:09 PM
listing at 41 rs, day cose at 39 rs.

in few weeks will reach 30 rs which is fair price
34.5. Small Investor |Jun 4, 2018 11:37:24 AM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
bajaj ji ab anujsme nhi aayega yha ye sab retailers k jani dushman h
34.6. IpoNewbie |Jun 4, 2018 11:44:32 AM
@BAJAJ where to check current price of the issue?
33. Small Investor |Jun 4, 2018 11:40:05 AM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
is ipo m retails fully subscrips nhi huwa h isliy is ipo ko market maker high leval pr lekar jayega in next days
32. Small Investor |Jun 4, 2018 11:20:13 AM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
now buyer above 300000 but seller only near 45000 so demand of this share are very high

do't sell if yor are allotted

today target may be possible 50 +
31. Small Investor |Jun 4, 2018 10:47:44 AM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
anujsme kha aap jo is ipo ko discount m pre open krwana chahte ho
30. Small Investor |Jun 4, 2018 10:41:33 AM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
pre open 48
30.1. DILIPKUMAR |Jun 4, 2018 10:42:50 AM
sirji can we sell on 48
30.2. Small Investor |Jun 4, 2018 10:44:56 AM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
no sale will touch above 50 after 10 am
29. anujsme |Jun 3, 2018 12:54:33 AM
Dilip davda sir said avoid

prmototers have been dodgy and have management issues

logistics company stock have been going down daily

this stock will be hammered in few days.
exit on opening to avoid huge losses in future
29.1. Small Investor |Jun 4, 2018 10:32:08 AM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
jalan to nhi ho rhi h aapko SVLL se
28. Small Investor |Jun 2, 2018 6:45:26 PM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
As per their restated financial statement presented in the DRHP, from FY 2012-13 to FY 2016-17, total revenue has grown from Rs. 1642.76 lakhs to Rs. 2769.19 lakhs. Along with this, profit has grown from 39.72 lakhs to 78.69 lakhs. According to the last financial year, Shree Vasu Logistic Limited stands at earning per share of 1.71. The DRHP also shows the price to earnings ratio based on the basic and diluted EPS of FY 2016-2017 stands at 31.91 while average P/E ratio is 13.76. Hence, the PE ratio is much higher than average, that means the company share is overvalued. In the last FY, the return on net worth (RoNW) stands at 13.62%. The company has a NAV/share of 10.35 as per the last financial year.

If we consider the overvalued price to some extent then overall the company Shree Vasu Logistics IPO Review has a NEUTRAL view. As the company's financial data shows gradually increasing profit statement, its IPO may be profitable for long-term investors only.#Coppied
27. Small Investor |Jun 2, 2018 6:39:46 PM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
Company's profit grow increasing year to year so good return expated after 1-2 months
26. Small Investor |Jun 2, 2018 6:35:47 PM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
Financials of the Shree Vasu Logistics Limited:
Shree Vasu Logistics' financial performance (in INR lakh)
FY2013      FY2014      FY2015      FY2016      FY2017      9M FY2018
Total revenue      1,642.8      1,806.2      2,178.0      2,302.5      2,769.2      2,279.2
Total expenses1,584.8      1,735.6      2,083.0      2,203.9      2,653.6      2,020.9
Profit after tax       39.7       52.7       66.2       75.6       78.7       189.1
26.1. Small Investor |Jun 2, 2018 6:36:55 PM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
fundamentals very impressive listing will same of Bombay Super Hybrid Sheeds
25. anujsme |Jun 2, 2018 5:12:06 PM
go and buy stocks form secondary market sme which are looking good and old sme with good business
stay away from primary market or new sme as most application are getting sold in grey market s2s
24. IpoNewbie |May 31, 2018 4:19:39 PM
chupa rustam hai ye
multibegger in near future
24.1. BAJAJ |Jun 1, 2018 1:30:00 AM
How do you know?.. Have you applied in this ipo..
24.2. anujsme |Jun 1, 2018 3:49:52 PM
i think iponewbie is correct

he mention this is multibeggar stock and not multibagger

stock will crash 10 % on listind day

fair value of 25-30 rs. will reach in 2-3 weeks time
23. BAJAJ |May 30, 2018 11:39:51 PM
Allotment is out.
22. Small Investor |May 30, 2018 5:22:31 PM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
listing will at par
21. BAJAJ |May 30, 2018 3:29:41 PM
@small investor..
I have applied 1 lot in retail category that's why I was asking..
20. BAJAJ |May 30, 2018 1:52:09 PM
Allotment kab hai..
20.1. Small Investor |May 30, 2018 3:10:30 PM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
why you wait of allotment

jisne bhi apply kiya h usko allotment milega retail m

allotment tomorrow
19. Umang and his ultrasonic uproar |May 24, 2018 6:28:58 PM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Bad set of numbers from AISL, tommorow knee jerk reaction is excepted.
O. K. set of numbers from ICEMAKE REFRIGERATION.
both companies have declared dividend.
19.8. Umang and his ultrasonic uproar |May 25, 2018 10:52:31 AM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
@tradeji,
On nse emerge > corporate announcements.
19.9. Dharmesh bhai |May 26, 2018 1:45:47 AM
send me your number want to add you in my gp.
Umang and ultrasonic.mine is 8950778912.delhi