Brace Port Logistics Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
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IPO Snapshot
Key metrics and details at a glance.
Price Band
₹80
Per ShareLot Size
1600 Shares
Minimum Investment
₹1,28,000
Issue Size
₹24.41 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
41%
QIB Quota
31%
NII Quota
28%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Brace Port Logistics Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
96.04%
Issue Type
Book Building - SME
ISIN
INE0R4Z01018
About the Company
Our Company is a service-based logistics company primarily engaged in the business of providing Ocean cargo logistics services to our clients operating in the various sectors of the economy. We also provide various value-added services like Air Freight, Warehousing facilities, special cargo services and custom clearance services. Our company along with our group companies and holding company have extensive network across the globe. We provide our services at a worldwide level where we cater for clients across the globe and even provide cross-border shipment facilities as well.
Industry Overview
The logistics industry is essential for the economy of a country. It pertains to the general method of controlling how resources are obtained, housed and delivered to their ultimate location. It is a differentiating sector that can largely affect any country's exports, thereby adding a significant competitive edge, with the underlying assumption of a robust logistics sector. The logistics industry comprises all supply chain activities, mainly transportation, inventory management, flow of information and customer service. It determines the success of not only the country's supply chain but also influences it on a global scale.
Company History
Our Company was incorporated as a private limited company under the provisions of Companies Act, 2013, pursuant to a Certificate of Incorporation dated November 07, 2020 issued by the Central Registration Centre, Manesar. Subsequently, our Company was converted into a public limited company under the provisions of Companies Act, 2013, pursuant to the approval accorded by our Shareholders at their extra-ordinary general meeting held on July 10, 2023. Consequently, the name of our Company was changed to "Brace Port Logistics Limited" and a fresh Certificate of Incorporation consequent upon conversion from a private limited company to a public limited company was issued to our Company by the RoC, Delhi on August 07, 2023 and Corporate Identification Number is U63030DL2020PLC372878. The registered office of our company is situated at A-182, Mahipalpur Extension 5, Road No 4, South Delhi, Mahipalpur, New Delhi -110037.
Growth Strategy
- Expanding our presence across the globe.
- Focus on quality.
- Focus on onboarding competent and efficient talent pool.
- Capitalize on the growth of the third-party logistics industry in India.
Financial Performance
Revenue, profit after tax and total assets across the last 2 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offer of 30,51,200* equity shares of face value of Rs. 10/- each ("Equity Shares") of Brace Port Logistics Limited ("The Company" or "Company" or "Issuer") for cash at a price of Rs. 80/- per equity share (including a share premium of Rs. 70/- per equity share), aggregating to Rs. 24.41 crores** ("The Issue"). This issue includes a reservation of 1,55,200 equity shares aggregating to Rs. 1.24 crores (constituting up to 1.37 % of the post-issue paid up equity share capital of the company) for subscription by the market maker ("Market Maker Reservation Portion"). The issue less market maker reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.00 % and 25.63 % respectively of the fully diluted post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price of Rs. 80/- is 8.00 times of the face value of the equity shares.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Accomplished Leadership Team and qualified workforce.
- Long Lasting Business Relationships.
- PAN India and Global Reach.
- Comprehensive Solutions for Transportation requirements.
- Diverse customer base across many sectors.
- The company depends on certain key customers for its revenues. A decrease in the revenues its derives from them could materially and adversely affect its business, results of operations, cash flows and financial condition.
- The company depends upon third parties to provide services which may result in delays in delivering the cargo/service on time, which in turn may lead to customer dissatisfaction and loss of further business.
- Its use the trademark which the company has obtained through assignment from its Corporate Promoter M/s Skyways Air Services Private Limited, which is in the process of Registration of assignment. If its fail to obtain trademark registration the company brand building efforts may be hampered which might lead to an adverse effect on its business.
- The company may be unable to meet certain obligations including timelines of delivery, due to which its could become liable to claims by customers, suffer adverse publicity and incur substantial costs as a result of deficiency in its services, which in turn could adversely affect the company results of operations.
- Its freight forwarding business depends upon its network of overseas agents for fulfilment of logistics needs of its customers. The company's inability to maintain its relationships with the overseas agents or deficiency in the service provided by such agents may adversely affect its revenues and profitability.