Brace Port Logistics Limited IPO Message Board (Page 4)

As good as it gets LM/MM combo, couldn't ask for anything else. Anchors as expected contain Holani as themselves. Good sector.

Co. primarily deals in air and sea cargo with equal percentage in revenue with majority transport in vehicles, EV vehicles and pharmaceuticals. Scaling up their Niche vertical of "RoRo", i.e. Roll in Roll Out where movable cargo is transported as it is without any vessels and that can give it that edge which they managed in and around covid when transported oxygen cans, and also were associated with Ford for transferring their fleet.

Experienced management, has backing of Skyways Air Services, plus the set of group companies amongst which it operates ensures there should be sufficient enough work to be done and also good amount of related party transactions. Similar to the Rajputana and Shera group which was also handled by Holani recently. Zeal Global their group co. is already listed but performance has been tepid.

The operating margins are not the greatest but even not the worst in sector, largely due to the fact they operate on a freight forward model and hence any premium charge is only possible due to their niche segment. Revenue de-growth is largely attributed to fall in container and crude prices, but similar peers like SJ Logistics have managed to scale despite all this, which leaves catching up to do for Brace Port. Rightly so, the ask price is done keeping in mind all this and 18 P/E looks relatively low with the kind of prospects it can offer going ahead.

But their working capital estimates show a multi-faceted picture with Trade Receivables showing de-growth again and Trade Payable showing growth in revenues close to 68 cr and with 9% PAT, P/E comes close 16 FY25 but lack of certainty remains over this estimate. Mismanagement from LM in displaying receivables and payables figures increasing rapidly but not aligning with holding days estimates.

Good for listing, but difficult at this point to give value for medium term

Sir a humble request: kindly consider posting such detailed review in "Members Review" with apply/avoid suggestion. Here the message may sometimes go unnotices by some members. Also saves time in seasrching for good messages as yours. Some people like to straightway check the Reviews to take the last minute call.

​@Rajiv RR Thanks..

REGISTRAR LINK INTIME TAKES LONG TIME TO UNBLOCK FUNDS [ 2-3 DAYS AFTER LISTING]

Bhai maine customer care se pucha bola gaya ki ipo apply krne par woh active money fund main balance mai chal jata hai

यह आईपीओ शुरुआती दौर में अच्छा रिजल्ट प्रदान करने वाला है

Greetings from YES BANK Ltd.

This is with reference to your appended E-mail dated August 02, 2024 regarding IPO related.

As we checked, for this the customer ID 24275689 is accessing RNB and trying apply for IPO. For 24275689 the customer type in your system is “s” i.e. ABOVE 80 YRS SR.. At yes online this customer type is restricted from IPO transaction hence the error.

Anyone face like this situation
Any salution pls.

Anyone having KOTAK Bank account?
Can we apply Ipo without breaking FD?
ActivMoney or Linked FD,, which facility available to apply IPO without breaking FD??
@MuStrFc @ArvKaush @Not Smart @Ankur Goel

Yes i have account with kotak and i am using active money features to apply IPO with out breaking FD.

Yes, you can. Kotak bank active money feature is best. You can apply ipo without breaking FDs.

​@Bhuvan Yes i have account with kotak and i am using active money features to apply IPO with out breaking FD.

Hello @ArvKaush 

This means, we continue to get FD interest even if funds are blocked for IPO like saving account.

Please confirm?

​@RahulRahul Yes, you will get fd interest for fund block for IPO.

Anchor list helps to make a decision. Any such authentic list?

Will be available by tomorrow evening. @KHANTE

19-21 August

Issue Size : 24.4 cr

​@newgen consultancy @Vimal Garodia @rohiitian @All c g members..... Off topic for ESPRITE STONE., AVP INFRA.. What 's your view about both script?

​@B positive Sorry, i do not track both the scripts..🙏🙏

Isk issue price 100 ke niche hi aayega