Brace Port Logistics IPO

Brace Port Logistics is a service-based logistics company primarily engaged in the business of providing Ocean cargo logistics services to clients operating in the various sectors of the economy. The company also provides various value-added services like Air Freight, Warehousing facilities, special cargo services such as handling cargo in foreign country and deliver the same to other foreign countries, and customs clearance services. The company along with group companies and holding company has an extensive network across the globe. The company provides services at a worldwide level where it caters to clients across the globe and even provide cross-border shipment facilities as well.

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Brace Port Logistics IPO Details

Opening Date

19 August 2024

Closing Date

21 August 2024

Price Band

₹76 to ₹80 per share

Issue Size

₹24.41 Cr

Face Value

₹10 per share

Market Lot

1600 Shares

Listing at NSE,BSE

Brace Port Logistics IPO Timeline (Tentative Schedule)
IPO Open Date Friday, August 19, 2024
IPO Close Date Tuesday, August 21, 2024
Allotment Date Wednesday, August 22, 2024
Initiation Of Refunds Thursday, August 23, 2024
Credit Of Shares To
Demat Account
Thursday, August 23, 2024
IPO Listing Date August 26, 2024
UPI Mandate Expiry Date 5 PM on August 21, 2024


Brace Port Logistics IPO Reservation
Investor Category Shares Offered
QIB Shares Offered Not more than 50.00% of the Net offer
Retail Shares Offered Not less than 35.00% of the Offer
NII (HNI) Shares Offered Not less than 15.00% of the Offer
Brace Port Logistics IPO Lot Size
Application Lots Shares Amount
Retail (Min) 1 1600 ₹128,000
Retail (Max) 1 1600 ₹128,000
HNI (Min) 2 3,200 ₹207,480

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About the Brace Port Logistics Company

Brace Port Logistics has a strong pan-India and global network to meet the needs of customers across a wide range of industries including medical supplies and pharma, sports goods, perishables, electronics, consumer durables and automotive etc. Their experienced team can handle all logistics movements using advanced systems and processes to overcome any challenges. The company is flexible in its approach to managing the supply chains effectively, along with the identification of the best routes to move shipments and at best pricing options.



Brace Port Logistics IPO Financial Highlights

Particulars 31 Mar 2024 31 Mar 2023 31 Mar 2022 31 Mar 2021
Assets2,783.291,310.781,179.14409.61
Revenue5,524.597,093.665,419.57706.25
Profit After Tax489.13618.09322.3922.57
Net Worth1,377.18888.05419.9697.57
Reserves and Surplus552.18813.05344.9622.57
Total Borrowing48.9759.165.62

Brace Port Logistics IPO Strengths & Weakness

Strengths Weaknesses
Comprehensive Solutions for Transportation requirements Dependency on certain key customers for revenues
Diverse customer base across many sectors Dependency upon third parties to provide services which may result in delays in delivering the cargo/service on time, which in turn may lead to customer dissatisfaction and loss of further business
Technology integrated services. Inability to meet certain obligations including timelines of delivery, due to which company could become liable to claims by customers, suffer adverse publicity and incur substantial costs
Long Lasting Business Relationships Extensive reliability on IT systems. Any failure in IT systems or loss of connectivity or any loss of data arising from such failure can adversely impact service levels.

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How to apply for Brace Port Logistics Ipo ?

Retail investors need to apply for the IPO using UPI

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