Shree Vasu Logistics Limited IPO
Issue Analysis :
|Issue opens||May 23, 2018|
|Issue Closes||May 25, 2018|
|Issue Size||9.29 Cr|
|Lead Manager||PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED|
|Registrar||Bigshare Services Pvt. Ltd|
Company’s Snapshot :
Incorporated in 2007, Chattisgarh based Shree Vasu Logistics Limited is a company engaged in providing various logistic services such as acting as Carrying and Forwarding Agent, Warehousing and Inventory Management and Distribution Management through Secondary Transportation.
Shree Vasu has positioned itself as a third party Logistics Services Provider (LSP). It operates the business mainly through carrying and forwarding agent model in the domestic market. At present, it is serving diverse industries like FMCG, Automotives, food, Electronics, Industrial Equipments and Electricals, Lifestyle Products etc.
The company has 366 employees on its payroll.
Object of the Issue :
The Objects of the Issue are-
- Funding the working capital requirements of the Company
2. General corporate purposes.
Financial Highlights :
|Summary of financial Information (Restated)|
|Particulars||For the year/period ended (in Rs. Lakhs)|
|Profit After Tax||78.69||75.62||66.18||52.66||39.72|
The promoters of the Company are Atul Garg and Shree Bhushan Garg. They hold, in aggregate, 50,04,000 Equity Shares representing 89.68% of the pre-issue paid up Capital of the Company.
Contact Company Information:
Shree Vasu Logistics Limited
Opp. Jaika Automobiles
Ring Road No. 1 Raipur 492001
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