SJ Logistics IPO Details | GMP, Date, Price, Review

SJ Logistics IPO

Table of Contents

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 EndedTotal AssetsTotal RevenuePATEPS
Net WorthNAV

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 DateDec 12, 2023 to Dec 14, 2023
Listing DateTuesday, December 19, 2023
Face Value₹10 per share
Price₹121 to ₹125 per share
Lot Size1000 Shares
Issue Size3,840,000 shares of ₹10
(aggregating up to ₹48.00 Cr)
Fresh Issue3,840,000 shares of ₹10
(aggregating up to ₹48.00 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue10,643,130
Share holding post issue14,483,130
Company PromotersRajen Hasmukhlal Shah

SJ Logistics IPO Reservation

QIB Shares Offered50% of the Net Issue
NII (HNI) Shares Offered15% of the Net Issue
Retail Shares Offered35% 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.

Opening Date12 December 2023 (Tuesday)
Closing Date14 December 2023 (Thursday)
Basis of Allotment15 December 2023 (Friday)
Initiation of Refunds18 December 2023 (Monday)
Credit of Shares to Demat18 December 2023 (Monday)
Listing Date19 December 2023 (Tuesday)
Deadline for UPI mandate confirmation5 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.

Retail (Min)11000₹125,000
Retail (Max)11000₹125,000
S-HNI (Min)22000₹250,000

SJ Logistics IPO Promoter Holding

The company’s promoters include Rajen Hasmukhlal Shah.

Pre Issue Share Holding67.55%
Post Issue Share Holding49.64%

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.

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 Ratio1.08

S J Logistics India Ltd Peer Comparison

Company NameConsolidated/
S J Logistics (India)
Peer Group
Patel Integrated
Tiger Logistics (India)
Total Transport Systems LimitedConsolidated273.10103.4778.706.7548.14

SJ Logistics IPO GMP Live Update, Kostak Rate day by day

DateGMPKostakSubject to
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.


SJ Logistics IPO Prospectus

SJ Logistics IPO DRHPDownload
SJ Logistics IPO RHPDownload
SJ Logistics IPO Anchor Investors Details PDFDownload

SJ Logistics IPO Rating

Our Rating3.5/5.0

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
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
Investor Grievance ID:
Contact Person: Mukul Agrawal
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;
Investor Grievance Email:
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.

How to apply for SJ Logistics IPO from Upstox?

Click Here to see how to apply for SJ Logistics IPO from Upstox. (step by step)

How to apply for SJ Logistics PO from Zerodha?

Click Here to see how to apply for SJ Logistics IPO from Zerodha. (step by step)

How to apply for SJ Logistics IPO from Angle One?

Click Here to see how to apply for SJ Logistics IPO from Angle One. (step by step)

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