IPO Synopsis


Brace Port Logistics Ltd

Registered Office: A-182 Mahipalpur Extension 5,Road No 4 South Delhi, Mahipalpur - 110037, Delhi, India.
Phone : 011-4172 9003   Fax:
Email :  info@braceport-logistics.com  
Website :  www.braceport-logistics.com

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.

Issue Money Payable On
Opens on Closes On Application Allotment
19-Aug-24 21-Aug-24 80.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 1600   Further Multiples of : 1600
  Rs(Cr.) Lead Managers to the Issue
Project Cost 20.59 Holani Consultants Pvt Ltd
Project Financed through Current Offer 24.41  
Post Issue Equity Share Capital 11.30  
Issue Price 80.00  

Project

  • Funding the working capital requirement of the company
  • General corporate purposes

Promoted By

Yash Pal Sharma

Tarun Sharma

Sachin Arora

Listing At

NSE - SME

Registrar to the Issue

No Data Available