The SJ Logistics IPO started on December 12, 2023, and ended on December 14, 2023. Shares were allocated on December 15, 2023, and refund processes began on December 18, 2023. On December 18, 2023, the shares were credited to investors demat accounts. SJ Logistics was officially listed on the stock exchange on December 19, 2023.
During the IPO, SJ Logistics offered shares at a price range of ₹121 to ₹125 per share, and the lot size was 1000 shares. The total issue size was ₹48.00 crores, with ₹48.00 crores from new shares. The IPO was listed on the NSE SME.
Regarding share reservations, 50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
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SJ Logistics IPO Subscription Status
The SJ Logistics IPO on December 14, 2023 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, the 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 Basic Details
| Company Name | SJ Logistics India Limited |
| Domain of Company | Logistics Company |
| SJ Logistics IPO Open Date | December 12, 2023 |
| SJ Logistics IPO Close Date | December 14, 2023 |
| SJ Logistics IPO Allotment Date | December 15, 2023 |
| SJ Logistics IPO Listing Date | 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 |
| Company Promoters | Rajen Hasmukhlal Shah |
About SJ Logistics India Limited
S J Logistics (India) Limited, which started in December 2003, helps its customers with logistics and supply chain solutions. They do things like moving freight, getting through customs, and handling transportation.
In the fiscal year 2023, the company took care of 3,100 bills of lading going to different countries—places like Africa, South America, Australia, Europe, the Gulf, Southeast Asia, Russia, and the United States. S J Logistics also made agreements with partners in countries like Ecuador, Brazil, Chile, Peru, the United States, Paraguay, Bolivia, Hong Kong, China, Taiwan, Vietnam, and others. They’re working together for logistics and freight forwarding.
And there’s more: S J Logistics has two little brothers, companies called SJA Logisol India Private Limited (SJALIPL) and S. J. L. Group (Singapore) Pte. Ltd.
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SJ Logistics IPO FAQs
What is the start and end date of SJ Logistics IPO Subscription?
The SJ Logistics IPO started on December 12, 2023, and ended on December 14, 2023.
When does SJ Logistics IPO Subscription open?
The SJ Logistics IPO open on December 12, 2023.
When does SJ Logistics IPO Subscription close?
The SJ Logistics IPO Close on December 14, 2023.
What is the allotment date of SJ Logistics IPO?
The allotment date for SJ Logistics IPO is December 15, 2023.
When is the initial refund date of SJ Logistics IPO?
The initial Refund date for SJ Logistics IPO is December 18, 2023.
When were the shares credited to investors demat accounts for the SJ Logistics IPO?
The shares for the SJ Logistics IPO were credited to investors demat accounts on December 18, 2023.
When will SJ Logistics IPO be listed on the stock market?
SJ Logistics IPO stock market will be listed on December 19, 2023 at 10 am.
What was the price range of the SJ Logistics IPO shares?
The SJ Logistics IPO shares were offered at a price range of ₹121 to ₹125 per share.
What was the lot size for the SJ Logistics IPO shares?
The lot size for the SJ Logistics IPO shares was 1000 shares.
What was the total issue size of the SJ Logistics IPO?
The total issue size of the SJ Logistics IPO was ₹48.00 crores.
How were the shares allocated among different types of investors for the SJ Logistics IPO?
50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
On which stock exchanges was the SJ Logistics IPO listed?
The SJ Logistics IPO was listed on the NSE SME.
What is the SJ Logistics IPO Subscription Status?
SJ Logistics IPO is subscribed 316.26 Times.
