Friday, May 17, 2024

GConnect Logitech IPO Date, Review, Price, Allotment Details

GConnect Logitech is engaged within the industry of offering floor logistics services and products viz. items shipping services and products. Their Company gives its services and products to different logistic corporations, together with floor logistic corporations and to direct consumers. The vary of services and products introduced by way of their Company contains bulk load, Full Truck Load (FTL) provider, and devoted load. Under bulk load, Their Company gives bulk transportation provider to very large Companies via their shipping contractors, Full Truck Load (FTL) provider to outlets and investors, by which their Company supplies point-to-point services and products to the shoppers by which the products are loaded from the premises of the client and are dropped at the supply level as laid out in them (i.e. manufacturing unit/warehouse). Their Company additionally supplies devoted load provider, which contains more than one pick-ups and drops. Their Company basically serves shipping contractors and business consumers, who’ve requirement to move bulk amounts in their items from one position to any other inside India.

Their Company carries its logistics industry with the principle center of attention being the state of Gujarat. Their Company essentially serves shipping contractors and in addition direct consumers, thus serving various finish consumers from a large vary of industries similar to metals, materials, Fast Moving Consumer Goods (FMCG), auto parts, chemical substances, and prescription drugs. They don’t input into any contract with Their consumers.

Their Company operates below an asset-light type, thus enticing with 3rd events to offer their Company with the property important for its operations similar to automobiles (custom designed and containerized). As the industry means of the Company, the Company shall personal automobiles sooner or later however the Company believes that the way of keeping up an asset-light type will lend a hand the Company to satisfy the varied and ever-changing wishes of its consumers successfully. As of October 30, 2023, their Company has preparations with truck house owners having over 20 automobiles of various sizes and wearing capability, as consistent with the requirement of shoppers.

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Objects of the Issue:

  • Purchase of Vehicles and Body Building.
  • Finance the Website Development and App Designing.
  • General Corporate Purpose.

GConnect Logitech IPO Review

GConnect Logitech IPO Date & Price Band Details

IPO Open:  March 26, 2024
IPO Close: March 28, 2024
IPO Size: Approx ₹5.60 Crores, 1,401,000 Equity Shares
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹40 Per Equity Share
IPO Listing on: BSE SME
Retail Quota: 50% of the online be offering
QIB Quota: 0% of the online be offering
NII Quota: 50% of the online be offering
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors in IPO: Click Here

GConnect Logitech IPO Market Lot

The GConnect Logitech IPO minimal marketplace lot is 3000 stocks with a ₹120,000 software quantity.

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Application Lot Size Shares Amount
Retail Minimum 1 3000 ₹120,000
Retail Maximum 1 3000 ₹120,000
S-HNI Minimum 2 6000 ₹240,000

GConnect Logitech IPO Dates

The GConnect Logitech IPO date is March 26 and the IPO shut date is March 28. The IPO allotment date is April 1 and the IPO may checklist on April 3.

IPO Open Date: March 26, 2024
IPO Close Date: March 28, 2024
Basis of Allotment: April 1, 2024
Refunds: April 2, 2024
Credit to Demat Account: April 2, 2024
IPO Listing Date: April 3, 2024

You can take a look at IPO subscription standing and IPO allotment standing on their respective pages.

GConnect Logitech IPO Form

How to use GConnect Logitech IPO? You can observe GConnect Logitech IPO by way of ASBA to be had for your checking account. Just move to the net financial institution login and observe by way of your checking account by way of settling on the GConnect Logitech IPO within the Invest segment. The different choice you’ll be able to observe GConnect Logitech IPO by way of IPO paperwork obtain by way of the BSE site. Check out the GConnect Logitech paperwork – click on BSE IPO Forms obtain, fill and publish for your financial institution or together with your dealer.

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GConnect Logitech Company Financial Report

₹ in Crores
Year Revenue Expense PAT
2023 ₹1.01 ₹0.87 ₹0.11
Sep 2023 ₹2.13 ₹1.82 ₹0.23

GConnect Logitech IPO Valuation – FY2023

Check GConnect Logitech IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Earning Per Share (EPS): ₹26.64 consistent with Equity Share
Price/Earning P/E Ratio: 0.48
Return on Net Worth (RoNW): 14.01%
Net Asset Value (NAV): ₹44.52 consistent with Equity Share

Peer Group

  • Ritco Logistics Limited
  • VRL Logistics Limited
  • Shreeji Translogistics Limited
  • Mr. Jigar Vinodbhai Sheth
  • Mr. Vinod Venilal Sheth

GConnect Logitech IPO Registrar

Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/

GConnect Logitech IPO Allotment Status

Check GConnect Logitech IPO allotment standing on Kfin Technologies site URL. Click Here

GConnect Logitech IPO Lead Managers aka Merchant Bankers

  • Fedex Securities Pvt Ltd 

Company Address

GConnect Logitech and Supply Chain Limited
Shop No. 6, Sadguru Complex
Nari Chowkadina
Bhavnagar – 364 001,
Phone: +91 93777 74949
Email: [email protected]
Website: https://www.gconnectlogitech.com/

GConnect Logitech IPO FAQs

What is GConnect Logitech IPO?

GConnect Logitech IPO is an BSE SME IPO. They are going to carry ₹5.60 Crores by way of IPO. The factor is priced at ₹40 consistent with fairness percentage. The IPO is to be indexed on BSE.

When GConnect Logitech IPO will open?

The IPO is to open on March 26, 2024 for NII, and Retail Investors.

What is GConnect Logitech IPO Investors Portion?

The buyers’ portion for NII is 50%, and Retail is 50%.

How to Apply the GConnect Logitech IPO?

You can observe GConnect Logitech IPO by way of ASBA on-line by way of your checking account. You too can observe for ASBA on-line by way of UPI via your inventory agents. You too can observe by way of your inventory agents by way of filling up the offline shape.

How to Apply the GConnect Logitech IPO via Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Naman In-Store (India)”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now move for your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the GConnect Logitech IPO via Upstox?

Log in to Upstox Application together with your credentials. Select the IPO. You will see the IPO Name “Naman In-Store (India)”. Click on Bid Button. Confirm your software. Now move for your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the GConnect Logitech IPO via Paytm Money?

Log in to Paytm Money Application together with your credentials. Select the IPO. You will see the IPO Name “Naman In-Store (India)”. Click on Bid Button. Confirm your software. Now move for your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is GConnect Logitech IPO Size?

GConnect Logitech IPO dimension is ₹5.60 crores.

What is GConnect Logitech IPO Price Band?

GConnect Logitech IPO Price Band is ₹40 consistent with fairness percentage.

What is GConnect Logitech IPO Minimum and Maximum Lot Size?

The IPO bid is 3000 stocks with ₹120,000.

What is GConnect Logitech IPO Allotment Date?

GConnect Logitech IPO allotment date is April 1, 2024.

What is GConnect Logitech IPO Listing Date?

GConnect Logitech IPO list date is April 3, 2024. The IPO to checklist on BSE SME.

Note: The GConnect Logitech IPO main points are introduced formally. The IPO gray marketplace top rate (GConnect Logitech IPO Premium) is up to date at the respective web page. You can take a look at our IPO gray marketplace web page for day by day updates.



– Source : IPOWATCH

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