SJ Logistics IPO: Check Out Price Range, Lot Size & More

SJ Logistics (India) Limited which offers its clients supply chain and logistics solutions has opened its IPO for subscription on December 12, 2023. The issue closes on December 14, 2023.

Price Range & Lot Size:

The SJ Logistics IPO has set the price band between Rs 121 to Rs 125. It has a lot size of 1,000 shares. Investors can bid for a minimum of 1,000 shares and in multiples thereof. 

SJ Logistics IPO, which is worth Rs 48 crore, is completely a fresh issue of 3,840,000 equity shares; there is no offer for sale (OFS) component, according to RHP.

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The company plans to use the net proceeds for general corporate purposes, working capital requirements, and the repayment and/or prepayment, in full or in part, of certain loans that it has taken out.

Registar & Book Running Managers:

Maashitla Securities Private Limited serves as the registrar for the S J Logistics IPO, while Hem Securities Limited acts as the book running lead manager. Hem Finlease is the market maker for the S J Logistics IPO.

Company Earnings

S J Logistics (India) Limited’s profit after tax (PAT) increased by 340.23 percent. Its revenue jumped by 29.88 percent between March 31, 2022, and March 31, 2023.

_{Disclaimer: The information provided in this blog post is for informational purposes only and should not be construed as investment or trading advice. The author is not a financial advisor and does not have any professional qualifications in this area. The author does not guarantee the accuracy or completeness of the information provided. Any action you take based on the information in this blog post is done at your own risk. Please consult with a financial advisor before making any investment decisions.}