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S J Logistics (India) Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

₹ 48

Price Range (₹)

₹ 125

Lot Size

1000

Min Investment (₹)

₹ 1,25,000.00

Listing Exchange

NSE - SME

Open Date

12-Dec-2023

Close Date

14-Dec-2023

Listing Date

19-Dec-2023

Latest IPO News

S J Logistics (India) Ltd IPO Details

Initial public offer of 38,40,000* equity shares of face value of Rs. 10/- each (the Equity Shares) of S J Logistics (India) Limited (The Company or SJLIL or The Issuer) at an issue price of Rs. 125 per equity share (including share premium of Rs. 115 per equity share) for cash, aggregating up to Rs. 48.00 crores (Public Issue) out of which 193,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 125 per equity share for cash, aggregating Rs. 2.41 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 36,47,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 125 per equity share for cash, aggregating Rs. 45.59 crores is herein after referred to as the Net Issue. The public issue and net issue will constitute 26.51% and 25.18% respectively of the post-issue paid-up equity share capital of the company.*Subject to finalization of basis of allotment.The face value of the equity shares is Rs. 10/- each. The issue price is 12.5 times with the face value of the equity shares. The anchor investor issue price is Rs. 125 per equity share.

Objective of issue

Repayment and or/ pre-payment in full or part of certain borrowings availed by the company. To meet working capital requirements. General corporate purposes.

S J Logistics (India) Ltd Contact Details

S J Logistics (India) Ltd, 451 Krishna Apra Bus, Netaji Subhash Place, Pitampura, New Delhi-110034

Phone - 011-45121795

Fax - 01145121795

Email - cs@sjagroup.co.in

Website - www.sjlogistics.co.in