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Brace Port Logistics Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Brace Port Logistics Ltd IPO

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 (Rs)80.00-0.00 (Rs)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 (Rs)80.00  
 
Projects
Funding the working capital requirement of the companyGeneral corporate purposes
Promoted By
Yash Pal Sharma  
Tarun Sharma  
Sachin Arora  
Listing At
NSE - SME 
Registrar to the Issue
MUFG Intime India Pvt Ltd