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:
Management Team:
- Mr. Atul Garg (Designation: Managing Director)
- Mr. Shree Bhushan Garg (Designation: Whole-time Director)
- 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 (%) |
|---|---|---|
| Promoters | ||
| 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)http://www.bigshareonline.com/bssipoapplicationstatus.aspx |
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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 Email: info@logisticpark.biz Website: www.shreevasulogistics.com |
| IPO Registrar Info: |
|---|
| BIGSHARE SERVICES PRIVATE LIMITED 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: investor@bigshareonline.com Website: www.bigshareonline.com |
| Lead Manager to the Issue: |
|---|
| PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED 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 Email: ipo@pantomathgroup.com Website: www.pantomathgroup.com |
