SJ Logistics IPO Details ( SJ Logistics India Limited IPO Review )
(12 Dec 2023 – 14 Dec 2023)
Started in December 2003, S J Logistics (India) Limited helps its customers with logistics and supply chain needs. We offer services like shipping, customs clearance, and transportation.
In the fiscal year 2023, we handled 3,100 bills of lading to different countries, such as Africa, South America, Australia, Europe, the Gulf, Southeast Asia, Russia, and the United States. S J Logistics also teamed up with partners in Ecuador, Brazil, Chile, Peru, the United States, Paraguay, Bolivia, Hong Kong, China, Taiwan, Vietnam, and more for logistics and shipping. Our company has two subsidiary companies: SJA Logisol India Private Limited (SJALIPL) and S. J. L. Group (Singapore) Pte. Ltd.
SJ Logistics India Limited IPO Competitive Strength
- Focus towards development of warehousing facilities
- Strengthen existing services
- Identifying new customers and increasing business with existing customer’s
- Increasing our presence and expand our network
SJ Logistics India IPO Financials Performance ( Results )
SJ Logistics India Limited Financial Information (Restated Consolidated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-21 | 5,013.55 | 12,402.88 | 82.99 | 1.30 | 20.24 | 1,169.15 | ||
| 31-Mar-22 | 5,062.51 | 10,395.18 | 172.99 | 2.83 | 23.07 | 1,342.14 | ||
| 31-Mar-23 | 8,104.32 | 13,500.99 | 761.56 | 8.84 | 3,120.32 | 36.22 | 2,825.15 | 3,356.00 |
| 30-Sep-23 | 10,541.07 | 10,338.56 | 931.07 | 9.62 | 5,640.93 | 58.30 | 4,576.62 | 2,952.40 |
Objective of SJ Logistics IPO Issue
- Repayment and/or pre-payment, in whole or part, of certain borrowings availed by the Company.
- To meet working capital requirements
- General Corporate Purpose.
SJ Logistics IPO Basic Details
| IPO Date | Dec 12, 2023 to Dec 14, 2023 |
| Listing Date | Tuesday, December 19, 2023 |
| Face Value | ₹10 per share |
| Price | ₹121 to ₹125 per share |
| Lot Size | 1000 Shares |
| Issue Size | 3,840,000 shares of ₹10 (aggregating up to ₹48.00 Cr) |
| Fresh Issue | 3,840,000 shares of ₹10 (aggregating up to ₹48.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 10,643,130 |
| Share holding post issue | 14,483,130 |
| Company Promoters | Rajen Hasmukhlal Shah |
SJ Logistics IPO Reservation
| QIB Shares Offered | 50% of the Net Issue |
| NII (HNI) Shares Offered | 15% of the Net Issue |
| Retail Shares Offered | 35% of the Net Issue |
S J Logistics IPO Timetable
S J Logistics IPO will open on December 12, 2023 and close on December 14, 2023. You can join S J Logistics IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 12 December 2023 (Tuesday) |
| Closing Date | 14 December 2023 (Thursday) |
| Basis of Allotment | 15 December 2023 (Friday) |
| Initiation of Refunds | 18 December 2023 (Monday) |
| Credit of Shares to Demat | 18 December 2023 (Monday) |
| Listing Date | 19 December 2023 (Tuesday) |
| Deadline for UPI mandate confirmation | 5 PM on 14 December 2023 |
SJ Logistics IPO Lot Size
For retail investors in SJ Logistics IPO, 1000 shares will come in 1 lot or the minimum investment will be ₹125,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹125,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1000 | ₹125,000 |
| Retail (Max) | 1 | 1000 | ₹125,000 |
| S-HNI (Min) | 2 | 2000 | ₹250,000 |
SJ Logistics IPO Promoter Holding
The company’s promoters include Rajen Hasmukhlal Shah.
| Pre Issue Share Holding | 67.55% |
| Post Issue Share Holding | 49.64% |
SJ Logistics India 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.) | 181.04 |
| Earning Per Share (EPS) | ₹8.84 per Equity Share |
| Net Asset Value (NAV) | ₹36.22 per Equity Share |
| P/E Ratio (P/E) (x) | 14.14 |
| Post P/E Ratio (P/E) (x) | 9.72 |
| Return on Net Worth (RoNW) (%) | 24.41 |
| Return on equity (ROE) (%) | 24.41 |
| Return on Capital Employed (ROCE) (%) | 18.58 |
| Debt/Equity Ratio | 1.08 |
S J Logistics India Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | CMP (₹) | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | P/BV Ratio |
| S J Logistics (India) Limited | Standalone | 125 | 10 | 8.84 | 9.72 | 24.41 | 36.22 |
| Peer Group | |||||||
| Cargotrans Maritime Limited | Consolidated | 95.50 | 10 | 5.74 | 16.64 | 18.45 | 31.14 |
| Patel Integrated Logistics Limited | Standalone | 15.90 | 10 | 0.74 | 14.07 | 4.16 | 17.82 |
| Tiger Logistics (India) Limited | Standalone | 397.50 | 10 | 21.94 | 18.12 | 23.78 | 92.34 |
| Total Transport Systems Limited | Consolidated | 273.10 | 10 | 3.47 | 78.70 | 6.75 | 48.14 |
SJ Logistics IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹120 | – | – |
| 16 December 2023 | ₹120 | – | – |
| 15 December 2023 | ₹120 | – | – |
| 14 December 2023 | ₹120 | – | – |
| 13 December 2023 | ₹110 | – | – |
| 12 December 2023 | ₹110 | – | – |
| 11 December 2023 | ₹105 | – | – |
SJ Logistics IPO Detail Video:
SJ Logistics IPO Subscription Status (Bidding Detail)
The SJ Logistics IPO on December 14, 2023 at 7:30:00 PM was subscribed 316.26 times, with the retail category being subscribed 356.33 times, the NII (Non-Institutional Investor) category being subscribed 489.45 times, QIB (Qualified-Institutional Buyers) category being subscribed 116.16 times.
| Category | Subscription |
| QIB | 116.16x |
| NII | 489.45x |
| Retail | 356.33x |
| Total | 316.26x |
SJ Logistics IPO Prospectus
| SJ Logistics IPO DRHP | Download |
| SJ Logistics IPO RHP | Download |
| SJ Logistics IPO Anchor Investors Details PDF | Download |
SJ Logistics IPO Rating
| Our Rating | 3.5/5.0 |
SJ Logistics Company Contact Information
SJ Logistics India Limited
Registered Office: 901/902/903, Centrum, Opposite Raila Devi Lake, Wagle Estate, Thane (West)-400604, Maharashtra, India.
Tel No: +91-22-61982800
E-mail: cs@sjagroup.co.in
Website: www.sjlogistics.co.in
Contact Person: Dinky Jain, Company Secretary & Compliance Officer
Promoter of our Company: Rajen Hasmukhlal Shah
SJ Logistics IPO Registrar
Maashitla Securities Private Limited
Address: 451, Krishna Apra Business Square, Netaji Subhash Place,
Pitampura, New Delhi, 110034, India.
Tel No: +91-11-45121795
Email: ipo@maashitla.com
Investor Grievance ID: compliance@maashitla.com
Contact Person: Mukul Agrawal
Website: www.maashitla.com
SEBI Registration No.: INR000004370
CIN: U67100DL2010PTC208725
SJ Logistics IPO Lead Manager
Hem Securities Limited
Address: 904, A Wing, Naman Midtown, Senapati Bapat Marg, Elphinstone Road,
Lower Parel, Mumbai-400013, Maharashtra, India
Tel. No.: +91- 22- 49060000;
Email: ib@hemsecurities.com
Investor Grievance Email: redressal@hemsecurities.com
Website: www.hemsecurities.com
Contact Person: Sourabh Garg
SEBI Regn. No.: INM000010981
SJ Logistics IPO FAQs
What is the lot size of SJ Logistics IPO?
The total size of SJ Logistics IPO is ₹48.00 crores and this is a complete fresh Issue.
When will SJ Logistics IPO start?
SJ Logistics IPO will open from 12 December 2023 and IPO will close on 14 December 2023.
What is the open date of SJ Logistics IPO?
SJ Logistics IPO will open date from 12 December 2023.
What is the last date ( close date ) of SJ Logistics IPO?
SJ Logistics IPO will close from 14 December 2023.
What is the price band of SJ Logistics IPO?
SJ Logistics IPO price band is ₹121 to ₹125. ( Upper Price Band: ₹125, Lower Price Band: ₹121 )
What is the minimum amount required to apply for SJ Logistics IPO?
The minimum investment for retailers to apply for SJ Logistics IPO is ₹125,000 and the maximum investment is ₹125,000.
What is going on gray market premium of SJ Logistics IPO?
View gray market premium of SJ Logistics IPO by Clicking Here
How much is the GMP of SJ Logistics IPO?
Watch SJ Logistics IPO GMP Today: Click Here
What is the allotment date of SJ Logistics IPO?
The allotment date of SJ Logistics IPO is 15 December 2023.
How to check allotment status in SJ Logistics IPO?
To check the allotment status of SJ Logistics IPO, first of all go to the registrar website by clicking here, select your bad SJ Logistics 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 SJ Logistics IPO?
The listing date of SJ Logistics IPO is 19 December 2023.
How much will be the listing gain in SJ Logistics IPO?
View listing gain of SJ Logistics IPO by Clicking Here
How much time SJ Logistics IPO is subscribed?
Total 316.26 times subscribed in SJ Logistics IPO out of which 356.33 times subscription was done in retail quota, 489.45 times subscription in NII quota and 116.16 times subscription in QIB quota.
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How to apply for SJ Logistics PO from Zerodha?
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