If alloted what time one should place the order which remain valid once normal market start..At what time we come to know the upper and lower circuit price ?? Please guide ..Thank you...
@DEVBULL Better luck next time Sir.. !! I also got zero in all applied 3 sme's..!!
15.4. DEVBULL| Link| Bookmark|
August 4, 2024 12:47:12 AM
IPO Mentor (600+ Posts, 200+ Likes)
@diwan kapoor Thank you for your good wishes. We shall keep trying and we will get some allotment in this month as lot of IPOs are coming up. Hope is the life.
4. Som mca| Link| Bookmark|
July 31, 2024 12:18:19 PM
Top Contributor (300+ Posts, 200+ Likes)
As compare to other local logistics player company's total SQ ft warehouse space is very less. Not have good presence in Mumbai area, which is the core of any logistics player. Reserve capital also looking phisy. Just my individual suggestion.
3. MuStrFc| Link| Bookmark|
July 30, 2024 3:28:15 AM
IPO Guru (3100+ Posts, 2400+ Likes)
Good LM/MM combo.
Attractive sector, already re-rated and poised for more. Co. is experience rich with 20+ years in the bag.
Good fleet of trucks and containers owned by the Co. along with its subsidiaries. Warehouse network is also spread across India. Issue objectives add on top of this setup with more trucks and warehouse in sight.
The significant dip in revenue is a one time event as Coastal Biz expenses were high due to inflation and to save on costs decided to do away with Coastal biz, which did impact the revenue but the savings in expenses directly get added to PAT.
Cargo handling represented by Twenty Foot Equivalent Unit (TEU) has been stable with some fluctuations but the quantum is on the rise. Over 500 customers catered to in various industries and sectors. Ford, JK Paper, Piramal Glass, TT Steel are some prominent names.
Peer comparison could have included other players as well, but still when compared to SJ Logistics, it looks priced relatively cheaper with revenues and margins almost in line.