Gconnect Logitech IPO
ListedGconnect Logitech IPO Details
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Bidding Date
26-Mar-2024 to
28-Mar-2024 -
Issue Size
₹5.6 Cr
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Price Band
₹40
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Allotment date
01-Apr-2024
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Listing date
03-Apr-2024
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Lot size
3000
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No. of shares
14,01,000
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Fresh issue/OFS
₹5.6 Cr /--
About Gconnect Logitech Company
"Gconnect Logitech and Supply Chain Limited", established on July 20, 2022, was originated from the business takeover of M/s Prithvi Enterprise, a sole proprietorship concern, through a Business Takeover Agreement. The core business of Gconnect revolves around providing surface logistics services, specifically goods transport services. They cater to various logistics companies, including surface logistics firms, and direct customers. Their services include bulk load transportation, Full Truck Load (FTL) services, and dedicated load services, catering to diverse industries such as metals, fabrics, FMCG, auto components, chemicals, and pharmaceuticals. Operating primarily in Gujarat, the company serves transport contractors and direct customers across India. They operate under an asset-light model, partnering with third parties for necessary assets like vehicles.
Subscription Status
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Category
Status
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QIBs
--
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NIIs
--
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Retail
--
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Others
--
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Total
54.4x
FAQs for Gconnect Logitech IPO.
What is the issue size of Gconnect Logitech IPO?
The issue size of Gconnect Logitech is ₹5.60 Cr.
What is the industry of Gconnect Logitech?
Gconnect Logitech falls into Logistics industry.
Where Gconnect Logitech IPO will be listed?
The Gconnect Logitech IPO will be listed on NSE.
What are the open and close dates for the Gconnect Logitech IPO?
The open and close dates for the Gconnect Logitech are 26-Mar-2024 & 28-Mar-2024.
What are the price band for Gconnect Logitech IPO?
The price band for the Gconnect Logitech ipo is ₹40
What is the listing date of Gconnect Logitech IPO?
The listing date of Gconnect Logitech IPO is 03-Apr-2024.
What is the purpose for the Gconnect Logitech IPO?
The purpose of this IPO is to raise fresh capital.
How much times Gconnect Logitech IPO subscribed?
Gconnect Logitech total subscription ratio is 54.4X.
What are the key financials for the Gconnect Logitech IPO?
Key financial of the Gconnect Logitech are:
| Gconnect Logitech | FY-23 | FY-22 | FY-21 |
|---|---|---|---|
| Revenue (₹ Cr) | 1.01 | 2.96 | 2.92 |
| EBIT (₹ Cr) | 0.15 | 0.11 | 0.34 |
| Proft after Tax (₹ Cr) | 0.11 | 0.07 | 0.06 |
| Debt (₹ Cr) | 0 | 0.16 | 3.25 |
| Net Worth (₹ Cr) | 0.78 | 0.72 | 0.64 |
| RoE (%) | 14.01 | 9.24 | 9.12 |