Brace Port Logistics Limited

19 Aug 2024 - 21 Aug 2024 Individual Category SME NSE

Min Investment

₹128000

Price Band

₹76-₹80

Issue Size

25.14 lakhs
Equity Shares

Lot Size

1600

IPO Dates
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19 Aug 2024

Open Date

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21 Aug 2024

Close Date

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22 Aug 2024

Allotment Date

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26 Aug 2024

Listing Date

Brace Port Logistics IPO is open for subscription starting Thursday, August 19, 2024, and closing on Monday, August 21, 2024. Brace Port Logistics IPO is a book-built issue of 30.51 lakh equity shares. This upcoming IPO's fresh issue of 30.51 lakh equity shares. The allotment for this new IPO is expected to be finalised on Thursday, August 22, 2024.  The details related to the price band and lot size are yet to be announced. Brace Port Logistics IPO will be listed on NSE SME on Monday, August 26, 2024. Holani Consultants Private Limited is the book-running lead manager, Link Intime India Private Limited is the registrar, and Holani Consultants is the market maker for this IPO. 

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About Brace Port Logistics Limited

Brace Port Logistics Limited was incorporated in 2020, specialises in providing ocean cargo logistics services to clients across various sectors of the economy. They had a strong network of customers in various industries including medical supplies, pharmaceuticals, sports goods, perishables, electronics, consumer durables, and automotive, both in India and globally. They provide services to countries such as Germany, Vietnam, UAE, Hong Kong and Bangladesh. Brace Port provides services such as Air Freight, Warehousing facilities, special cargo services such as handling cargo in foreign countries and delivery of the same in other foreign countries and customs clearance services. As per the latest information, the company had a team of 20 people employed in various departments.

Founded

2020

Managing Director

Skyways Air Services Private Limited, Yash Pal Sharma, Tarun Sharma, Sachin Arora and Rishi Trehan

Parent Organization

IPO Objectives

The funds received from this IPO will be allocated for meeting the day-to-day capital needs for smoothing functioning of the company. The remaining funds will be used for fulfilling the general corporate purposes.

Company Promoters

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
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