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Incorporated in 2015, Transvoy Logistics India Limited is engaged in the business of integrated logistics solutions. The company offers services like NVOCC, Freight Forwarding, Custom Clearance, Transportation handling, and Advisory on MEIS License Trading.
Transvoy Logistics India operates primarily in India along with expanding to different parts of the world including Sri Lanka, China, Malaysia, Middle East, and Singapore. They maintain highest quality in the service and strive at satisfying the requirements of the customers.
The customers of the company are catered in the following horizons-
Transvoy also operates through its wholly-owned subsidiary Aashirvad Shipping & Allied Private Limited (ASAPL) which offers custom clearing services. Recently, Transvoy Logistics India Limited formed another company in Singapore with the name Transvoy Logistics PTE. Ltd engaged in the non-vessel owning common carrier (NVOCC) services.
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Total Borrowing |
|---|---|---|---|---|---|
| 31-Mar-20 | 11.48 | 42.9 | 1.33 | 0.06 | 0 |
| 31-Mar-21 | 12.47 | 62.21 | 1.18 | 1.25 | 0 |
| 31-Mar-22 | 109.89 | 503.02 | 56.69 | 52.91 | 0.97 |
| 25-Nov-22 | 748.23 | 1048 | 35.67 | 229.49 | 141.3 |
| Amount in ₹ Lakhs | |||||
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
| IPO Date | Jan 20, 2023 to Jan 24, 2023 |
| Listing Date | Thursday, February 2, 2023 |
| Face Value | ₹10 per share |
| Price | ₹71 per share |
| Lot Size | 1600 Shares |
| Issue Size | 720,000 shares of ₹10 (aggregating up to ₹5.11 Cr) |
| Fresh Issue | 720,000 shares of ₹10 (aggregating up to ₹5.11 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| NII (HNI) Shares Offered | 50% of Net Issue |
| Retail Shares Offered | 50% of Net Issue |
| Market Maker | SUNFLOWER BROKING PVT. LTD. |
| Company Promoters | Mr. Ravindrakumar Kumarchandra Joshi, Mr. Naitik Ravindrakumar Joshi and Mrs. Dipti Ravindrabhai Joshi are the promoters of the company. |
Transvoy Logistics India IPO opens on Jan 20, 2023, and closes on Jan 24, 2023. The Transvoy Logistics India IPO bid date is from Jan 20, 2023 10.00 A.M. to Jan 24, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
| Event | Tentative Date |
|---|---|
| Opening Date | Jan 20, 2023 |
| Closing Date | Jan 24, 2023 |
| Basis of Allotment | Jan 30, 2023 |
| Initiation of Refunds | Jan 31, 2023 |
| Credit of Shares to Demat | Feb 1, 2023 |
| Listing Date | Feb 2, 2023 |
The Transvoy Logistics India IPO lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹113,600).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹113,600 |
| Retail (Max) | 1 | 1600 | ₹113,600 |
| HNI (Min) | 2 | 3,200 | ₹227,200 |
| Pre Issue Share Holding | 97.94% |
| Post Issue Share Holding | 71.46% |
The company is in a highly competitive segment. Its financial track record so far is not in line with the asking price. Based on its recent earnings, the issue appears aggressively priced. Longer gestation for migration to the mainboard due to tiny paid-up equity capital post IPO also raises concern. There is no harm in skipping this pricey issue. Read detail review...
The Transvoy Logistics India IPO is subscribed 184.34 times on Jan 24, 2023 6:57:00 PM. The public issue subscribed 168.67 times in the retail category, times in the QIB category, and 200.00 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 200.00 |
| Retail | 168.67 |
| Total | 184.34 |
| Listing Date | Thursday, February 2, 2023 |
| BSE Script Code | 543754 |
| NSE Symbol | |
| Listing In | M Group of Securities |
| ISIN | INE0MPU01011 |
| IPO Price | ₹71 per share |
| Face Value | ₹10 per share |
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Transvoy Logistics India Limited
B-504, Mondeal Heights, B/S Novotel Hotel,
S.G. Highway,
Ahmedabad -380015
Phone: 079 – 29705456
Email: info@transvoy.com
Website: http://www.transvoy.com/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: translogic.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form
Transvoy Logistics India IPO is a SME IPO of 720,000 equity shares of the face value of ₹10 aggregating up to ₹5.11 Crores. The issue is priced at ₹71 per share. The minimum order quantity is 1600 Shares.
The IPO opens on Jan 20, 2023, and closes on Jan 24, 2023.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Transvoy Logistics India IPO using UPI as a payment gateway. Zerodha customers can apply in Transvoy Logistics India IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Transvoy Logistics India IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Transvoy Logistics India IPO opens on Jan 20, 2023 and closes on Jan 24, 2023.
Transvoy Logistics India IPO lot size is 1600 Shares and the minimum order quantity is .
You can apply in Transvoy Logistics India 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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Transvoy Logistics India IPO will be done on Jan 30, 2023, and the allotted shares will be credited to your demat account by Feb 1, 2023. Check the Transvoy Logistics India IPO allotment status.
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