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Cargotrans Maritime 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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Cargotrans Maritime Ltd IPO

Registered Office: DBZ-S-61 A 2nd Floor,Shyam Paragon Gandhidham , Kachchh. - 370201 , Gujarat , India.
Phone : 91-90999-35142   Fax:
Email :  info@cargotrans.in  
Website :  www.cargotrans.in
Initial public offer of 10,80,000 equity shares of face value of (Rs)10/- each (the "Equity Shares") of Cargotrans Maritime Limited ("The Company" or "CML" or "The Issuer") at an issue price of (Rs)45 per equity share for cash, aggregating up to (Rs)4.86 crores ("Public Issue") out of which 60,000 equity shares of face value of (Rs)10 each, at an issue price of (Rs)45 per equity share for cash, aggregating (Rs)0.27 crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The public issue less market maker reservation portion i.e. issue of 10,20,000 equity shares of face value of (Rs)10 each, at an issue price of (Rs)45 per equity share for cash, aggregating upto (Rs)4.59 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.47% and 25.00% respectively of the post- issue paid-up equity share capital of the company. The face value of the equity sahres is (Rs)10 each and the issue price is (Rs)45 per equity share, The issue price is 4.50 times the face value. Minimum application size 3000 equity shares and in multiples of 3000 equityshares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
27-Sep-22 29-Sep-22 (Rs)45.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :3000  Further Multiples of :3000

  (Rs Cr) Lead Managers to the Issue
Project Cost 4.16
Hem Securities Ltd
Project Financed through Current Offer 4.86  
Post Issue Equity Share Capital 4.08  
Issue Price (Rs)45.00  
 
Projects
To meet working capital requirementsGeneral corporate purposes
Promoted By
Edwin Alexander  
Manju Edwin  
Mathew Jacob  
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd