Shree Vasu Logistics Ltd

Shree Vasu Logistics Ltd

About the Company:

Shree Vasu Logistics Ltd (Incorporated in 2007) engaged in providing various logistic services such as acting as Carrying and Forwarding Agent, Warehousing and Inventory Management and Distribution Management though Secondary Transportation.

Company has positioned themselves as a third party Logistics Services Provider (LSP). Company operates the business mainly through carrying and forwarding agent model in the domestic market.

Company is serving diverse type of industries consisting of FMCG, Automotives, food, Electronics, Industrial Equipments and Electricals, Lifestyle Products etc.

Company has distribution centres across geography in central eastern parts of India like Raipur, Bilaspur, Ambikapur, Jagdalpur etc.

Company’s Overview:



Company’s Capabilities:



Company’s Key Clients:

client list


Management Team:

  1. Mr. Atul Garg (Designation: Managing Director)
  2. Mr. Shree Bhushan Garg (Designation: Whole-time Director)
  3. Ms. Preeti Garg (Designation: Director)


Promoters Average Acquisition Cost:

Name of the Promoter No. of Shares held Average Acquisition Cost (in Rs.)
Atul Garg 27,99,000 1.97
Shree Bhushan Garg 22,05,000 2.20


Promoters Stake Pre & Post Issue:

Shareholder Name Pre Issue Stake (%) Post Issue Stake (%)
Atul Garg 50.16 36.62
Shree Bhushan Garg 39.52 28.85
Promoter Group Entities             10.32               7.54
Total 100% 73%


Objectives of the Issue:

  • Funding the working capital requirements of the Company
  • General corporate purposes.


Fund Utilization:

Particulars Amount (Rs. in Crores)
Working Capital requirements 7.04
General Corporate Expenses 1.34
Net Proceeds 8.38 cr


Financials of the Company:

(in Crores) FY 13 FY 14 FY 15 FY 16 FY 17 31st Dec 17
Revenue 16.42 18.06 21.78 23.02 27.69 22.79
Net Profit 0.39 0.52 0.66 0.75 0.78 1.89


Valuation of Peer Group Companies:

Company Name Face Value EPS PE Ratio RoNW NAV
Shree Vasu Logistics Limited 10 1.41 31.91 13.62 10.35
Patel Integrated Logistics Ltd 10 4.18 13.33 6.24 70.85


IPO Details:

Details Info
Issue Opens on 23rd May 2018
Issue Closes on:. 25th May 2018
Issue Price Rs.45
Face Value Rs.10
Minimum Lot 3000 shares
Minimum Investment Rs.1,35,000
Issue Constitutes 27.00%
Issue Size Rs.9.28 cr
Market Cap Rs.34.39 cr
Listing at NSE SME
Equity Shares Offered (Fresh) 20,64,000
Equity Shares Prior to the Issue 55,80,000
Equity Shares after the Issue 76,44,000


Important Dates:

Finalization of Basis of Allotment on or Before 30th May 2018
Initiation of Refunds on or Before 31st May 2018
Credit of Equity Shares: on or Before 1st June 2018
Listing Date: on or Before 4th June 2018


Subscription Details: (Will be Update)

(Subscription-Category-Wise (no. of times) Till time : 06:00 PM) Shares Offered 23/5 24/5 Day-3 Day-4
HNI 9,78,000 1.81 2.04
Retail 9,78,000 0.076 0.187
Others 1,08,000 0.00  0.00
Employee ——— —– —–
TOTAL 20,64,000 0.89 1.058


IPO Valuation Parameters:

Earnings Per Share (EPS) Price To Earnings ratio (PE) Return on Net Worth (RoNW) Net Asset Value (NAV) Debt Equity Ratio
1.41 31.91 13.62% 10.35 2.25


Check IPO Allotment Status:

Bigshare Website (Click on the below Link)


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Company Contact Info:
Shree Vasu Logistics Limited
Logistics Park, Opp. Jaika Automobiles,
Ring Road No.1, Raipur 492001,
Chhattisgarh, India.
Tel: 0771-6614848


IPO Registrar Info:
1st Floor, Bharat Tin Works Building,
Opp Vasant Oasis Makwana Road Marol,
Andheri East Mumbai-400059, Maharashtra, India.
Tel: +91 22 62638200
Fax: +91 22 62638299
Investor Grievance Id:


Lead Manager to the Issue:
406-408, Keshava Premises, Behind Family Court,
Bandra Kurla Complex, Bandra (East), Mumbai – 400051,
Maharashtra, India
Tel: +91-22 61946700
Fax: +91-22 2659 8690