Committed Cargo IPO Details ( Committed Cargo Care Limited IPO Review )
(6 Oct 2023 – 10 Oct 2023)
Committed Cargo Care Limited was established in 1998, and it specializes in helping with the transportation of goods for businesses. They focus on managing the movement of goods in and out of the country.
The company offers a range of services, including handling cargo, managing orders, handling international shipments, dealing with customs, and moving large and bulky items.
Their clients come from various industries in India, such as automotive, telecom, food, consumer goods, paint, handicrafts, e-commerce, clothing, pharmaceuticals, and dairy.
In the fiscal years 2021, 2022, and 2023, the company made revenues of Rs. 11,385.89 Lacs, Rs. 14,612.17 Lacs, and Rs. 12,221.96 Lacs, respectively.
Committed Cargo Care Limited IPO Competitive Strength
- Smooth flow of operations
- Experienced Promoters and Management Team
- Existing Supplier Relationship
- Comprehensive solution for logistics requirement
- Well-defined organizational structure
Committed Cargo Care IPO Financials Performance ( Results )
Committed Cargo Care Limited Financial Information (Restated Standalone)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-20 | 2,599.79 | 8,404.10 | 151.10 | 2 | 1,810.70 | 23.92 | 1,053.74 | 65.19 |
| 31-Mar-21 | 3,035.65 | 11,385.89 | 232.20 | 3.07 | 2,042.90 | 26.99 | 1,285.94 | 31.42 |
| 31-Mar-22 | 3,309.84 | 14,612.17 | 308.72 | 4.08 | 2,351.63 | 31.07 | 1,594.67 | 14.69 |
| 31-Mar-23 | 4,015.13 | 12,242.77 | 533.17 | 7.04 | 2,884.79 | 38.11 | 2,127.83 | 67.34 |
Objective of Committed Cargo Care IPO Issue
- Meeting working capital requirements.
- General corporate purposes.
Committed Cargo IPO Basic Details
| IPO Date | Oct 6, 2023 to Oct 10, 2023 |
| Listing Date | Wednesday, October 18, 2023 |
| Face Value | ₹10 per share |
| Price | ₹77 per share |
| Lot Size | 1600 Shares |
| Issue Size | 3,244,000 shares of ₹10 (aggregating up to ₹24.98 Cr) |
| Fresh Issue | 3,244,000 shares of ₹10 (aggregating up to ₹24.98 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 7,569,600 |
| Share holding post issue | 10,809,600 |
| Company Promoters | Mr. Rajeev Sharma, Mr. Nitin Bharal, Mr. Narendra Singh Bisht, and Mr. Yashpal Arora |
Committed Cargo IPO Reservation
| Other Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
Committed Cargo IPO Timetable
Committed Cargo IPO will open on October 6, 2023 and close on October 10, 2023. You can join Committed Cargo IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 6 October 2023 (Friday) |
| Closing Date | 10 October 2023 (Tuesday) |
| Basis of Allotment | 13 October 2023 (Friday) |
| Initiation of Refunds | 16 October 2023 (Monday) |
| Credit of Shares to Demat | 17 October 2023 (Tuesday) |
| Listing Date | 18 October 2023 (Wednesday) |
| Deadline for UPI mandate confirmation | 5 PM on 10 October 2023 |
Committed Cargo IPO Lot Size
For retail investors in Committed Cargo IPO, 1600 shares will come in 1 lot or the minimum investment will be ₹123,200. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹123,200.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1600 | ₹123,200 |
| Retail (Max) | 1 | 1600 | ₹123,200 |
| S-HNI (Min) | 2 | 3200 | ₹246,400 |
Committed Cargo IPO Promoter Holding
The company’s promoters include Mr. Rajeev Sharma, Mr. Nitin Bharal, Mr. Narendra Singh Bisht, and Mr. Yashpal Arora.
| Pre Issue Share Holding | 98.00% |
| Post Issue Share Holding | 68.63% |
Committed Cargo Care Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 83.23 |
| Earning Per Share (EPS) | ₹7.04 per Equity Share |
| Net Asset Value (NAV) | ₹38.11 per Equity Share |
| P/E Ratio (P/E) (x) | 10.94 |
| Post P/E Ratio (P/E) (x) | 12.84 |
| Return on Net Worth (RoNW) (%) | 18.48 |
| Return on equity (ROE) (%) | 18.48 |
| Return on Capital Employed (ROCE) (%) | 24.06 |
Committed Cargo Care Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) |
| Committed Cargo Care Limited | Standalone | 10.00 | 7.04 | 10.94 | 13.13 | 31.07 |
| Peer Group | ||||||
| Jet Freight Logistics Limited | Standalone | 5.00 | 0.01 | 980.00 | 0.26 | 13.41 |
| Total Transport Systems Limited | Standalone | 10.00 | 8.73 | 16.53 | 17.08 | 57.68 |
| Tiger Logistics (India) Limited | Standalone | 10.00 | 21.94 | 18.85 | 26.97 | 92.34 |
Committed Cargo IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 6 October 2023 | ₹25 | – | – |
| 5 October 2023 | ₹25 | – | – |
Committed Cargo IPO Detail Video:
Committed Cargo IPO Subscription Status (Bidding Detail)
The Committed Cargo IPO on October 10, 2023 at 7:30:00 PM was subscribed 87.78 times, with the retail category being subscribed 78.73 times, the other category being subscribed 94.20 times.
| Category | Subscription |
| Other | 94.20x |
| Retail | 78.73x |
| Total | 87.78x |
Committed Cargo IPO Prospectus
| Committed Cargo IPO DRHP | Download |
| Committed Cargo IPO RHP | Download |
| Committed Cargo IPO Anchor Investors Details PDF | Download |
Committed Cargo IPO Rating
| Our Rating | 4.0/5.0 |
Committed Cargo Company Contact Information
Committed Cargo Care Limited
Registered Office: Khasra No. 406, Ground Floor, A- Block, Gali No.8
Mahipalpur Extn., New Delhi– 110037
Tel No. / Mob No: 011-46151111
Email: hr@committedgroup.com
Website: www.committedgroup.com
Contact Person: Charumita Bhutani, Company Secretary & Compliance Officer
Our Promoters: Rajeev Sharma, Nitin Bharal, Narendra Singh Bisht and Yash Pal Arora
Committed Cargo Care IPO Registrar
Bigshare Services Private Limited
Registered Office: Office No. S6 – 2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre,
Mahakali Cave Road, Andheri – [East], Mumbai – 400093, Maharashtra, India.
Tel No.: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Mr. Aniket Chindarkar
SEBI Registration No.: INR000001385
Committed Cargo Care IPO Lead Manager
Fedex Securities Private Limited
Registered Office: B 7, 3rd Floor, Jay Chambers, Dayaldas Road, Vile Parle – [East],
Mumbai – 400 057, Maharashtra, India
Tel No.: +91 81049 85249
E-mail: mb@fedsec.in
Website: www.fedsec.in
Contact Person: Saipan Sanghvi
SEBI Registration Number: INM000010163
Investor Grievance E-Mail: mb@fedsec.in
Committed Cargo Care IPO FAQs
What is the lot size of Committed Cargo Care IPO?
The total size of Committed Cargo Care IPO is ₹24.98 crores and this is a complete fresh Issue.
When will Committed Cargo Care IPO start?
Committed Cargo Care IPO will open from 6 October 2023 and IPO will close on 10 October 2023.
What is the open date of Committed Cargo Care IPO?
Committed Cargo Care IPO will open date from 6 October 2023.
What is the last date ( close date ) of Committed Cargo Care IPO?
Committed Cargo Care IPO will close from 10 October 2023.
What is the price band of Committed Cargo Care IPO?
Committed Cargo Care IPO price band is ₹77.
What is the minimum amount required to apply for Committed Cargo Care IPO?
The minimum investment for retailers to apply for Committed Cargo Care IPO is ₹123,200 and the maximum investment is ₹123,200.
What is going on gray market premium of Committed Cargo Care IPO?
View gray market premium of Committed Cargo Care IPO by Clicking Here
How much is the GMP of Committed Cargo Care IPO?
Watch Committed Cargo Care IPO GMP Today: Click Here
What is the allotment date of Committed Cargo Care IPO?
The allotment date of Committed Cargo Care IPO is 13 October 2023.
How to check allotment status in Committed Cargo Care IPO?
To check the allotment status of Committed Cargo Care IPO, first of all go to the registrar website by clicking here, select your bad Committed Cargo Care IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Committed Cargo Care IPO?
The listing date of Committed Cargo Care IPO is 18 October 2023.
How much will be the listing gain in Committed Cargo Care IPO?
View listing gain of Committed Cargo Care IPO by Clicking Here
How much time Committed Cargo Care IPO is subscribed?
Total 87.78 times subscribed in Committed Cargo Care IPO out of which 78.73 times subscription was done in retail quota, 94.20 times subscription in other quota.
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