Brace Port Logistics IPO Details
| IPO Size | 24.41 |
| Price Range | ₹76 - ₹80 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 1600 |
| Investment (cut-off price) | ₹128,000 |
| Pre IPO Promotor Holding | 96.04% |
| Post IPO Promotor Holding | -- |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Brace Port Logistics IPO Timelines
19/08/2024
Start Date21/08/2024
End Date23/08/2024
Refund Initiation23/08/2024
Credit of Shares to Demat Ac26/08/2024
Listing DateBrace Port Logistics IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1600 | ₹128,000 |
| Retail Maximum | 1 | 1600 | ₹128,000 |
| S-HNI Minimum | 2 | 3200 | ₹256,000 |
Brace Port Logistics IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 450.04 x | 854.49 x | 588.74 x | -- | 657.81 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹152 | ₹159.60 | ₹159.60 | ₹152 |
Brace Port Logistics IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹54.20 | ₹49.88 | ₹3.22 |
| FY 2022 | ₹70.94 | ₹62.59 | ₹6.18 |
| FY 2022 | ₹55.25 | ₹48.63 | ₹4.89 |
About Company
Brace Port Logistics is a prominent player in the service-based logistics sector, specialising in ocean cargo logistics. The company also offers a range of value-added services, including air freight, warehousing, special cargo handling, and customs clearance. With an extensive global network through its group and holding companies, Brace Port Logistics caters to clients worldwide and facilitates cross-border shipments.
The company’s team, comprised of skilled professionals with over two decades of industry experience, is adept at delivering optimised and customised supply chain solutions. The holding company is a leading force in India’s air cargo industry, adding to the company’s robust operational capabilities.
Brace Port Logistics boasts a strong network across India and internationally, serving a diverse range of industries such as medical supplies, pharmaceuticals, sports goods, perishables, electronics, consumer durables, and automotive sectors. Advanced systems and processes are employed to tackle logistics challenges effectively. The company is committed to flexibility in managing supply chains, identifying the best routes, and providing competitive pricing.
Certified with Quality Management Systems (ISO 9001:2015), Environment Management System (ISO 14001:2015), and Occupational Health and Safety Management System (ISO 45001:2015), Brace Port Logistics ensures high standards across its operations.
Promoted by M/s. Skyways Air Services Private Limited, the flagship company of the Skyways Group, Brace Port Logistics, benefits from the group’s extensive presence in Germany, Vietnam, UAE, Hong Kong, and Bangladesh. With a leadership team of seasoned professionals and a focus on long-term client relationships, Brace Port Logistics continues to expand its global reach and service capabilities.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2020 | Logistics | Sachin Arora |
Know Before Investing
Brace Port Logistics IPO Strengths
- Brace Port has strong ties with leading carriers, enabling the company to secure favourable commercial terms and operational advantages for its clients.
- The company has established long-term relationships with top clients, generating significant repeat business and contributing to consistent revenue growth.
- Brace Port operates through 102 agents, providing services across India and internationally, enhancing its ability to cater to a diverse customer base.
- Brace Port leverages advanced technology like “Cargo Dash” for efficient logistics management, ensuring seamless tracking and operational efficiency.
- The company serves a wide range of sectors, including retail, healthcare, and manufacturing, positioning itself as a versatile player in the logistics industry.
- The Company maintains high service standards, earning multiple ISO certifications, which helps secure repeat business and strengthen its brand reputation.
Brace Port Logistics IPO Risks
- Brace Port heavily relies on a few key customers, making the company vulnerable to revenue fluctuations if these customers reduce their business.
- Due to its reliance on third-party service providers for freight services, the company risks delays and customer dissatisfaction.
- Brace Port Logistics risks its brand-building efforts if it fails to secure trademark registration, which could potentially impact business operations.
- If Brace Port Logistics fails to meet delivery deadlines or if cargo is lost or damaged, it may face customer claims and reputational damage.
- The company’s reliance on overseas agents for logistics services exposes the company to risks if these agents provide subpar service or terminate agreements.
- Failure to obtain or maintain necessary licenses and permits may result in operational disruptions or penalties.
Swot Analysis for Brace Port Logistics IPO
Strengths
Weaknesses
Opportunities
Threats
Company Details
Brace Port Logistics Limited
A-182, Mahipalpur Extension,
5, Road No 4,
South Delhi, Mahipalpur-New Delhi-110037
Phone: 011 – 41729003
Email: [email protected]
Website: http://www.braceport-logistics.com/
IPO Registar Details
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
FAQs
The key objectives of Brace Port Logistics IPO are:
- To Allocate ₹1,610.00 lakh to strengthen the company’s working capital, ensuring smooth business operations and meeting day-to-day financial needs.
- Utilise the remaining funds for general corporate purposes.
Holani Consultants Pvt Ltd. is the book-running lead managers for the Brace Port Logistics IPO.