Committed Cargo Care Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
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Committed Cargo

CMP

54.00

-0.60 (-1.10%)

  • DRHP
₹77

Offer Price

₹ 24.95 Cr

Issue Size

₹ 1,23,200

Min Investment

1,600

Lot size

Time Line

  • 06
    Oct 2023
    Open
  • 10
    Oct 2023
    Close
  • 13
    Oct 2023
    Finalisation of Basis of Allotment
  • 16
    Oct 2023
    Initiation of Refunds
  • 17
    Oct 2023
    Transfer of Shares to Demat Account
  • 18
    Oct 2023
    Listing Date

Objects of the Offer

  • PAN India Presence.

  • Investment in infrastructure.

  • Quality Assurance.

  • Reduction of operational costs and achieving efficiency.

  • Focus on Increase in Volume of Sales.

Products & Services

  • Committed Cargo Care Limited is a 3PL (Third Party Logistic) provider which specializes in handling Import & Export Cargo and provide integrated services to its customers.

Strengths

  • Smooth flow of operations.

  • Experienced Promoters and Management Team.

  • Existing Supplier Relationship.

  • Comprehensive solution for logistics requirement.

  • Well-defined organizational structure.

Risks

  • The Company, its Promoters and its Directors are involved in litigation proceedings that may have a material adverse outcome.

  • The Company, its Promoters,and its Directors are involved in litigation proceedings that may have a material adverse outcome.

  • The Company requires certain statutory and regulatory approvals for conducting its business and the company failure to obtain, retain or renew them in a timely manner, or at all, may adversely affect its operations.

  • The Company requires certain statutory and regulatory approvals for conducting its business and the company failure to obtain, retain or renew them in a timely manner, or at all, may adversely affect its operations.

  • The company may be unable to sufficiently obtain, maintain, protect, or enforce its intellectual property and other proprietary rights.

Company Promoters

Promoters Holding

Issue For IPO
27.22%
Pre Holding

90.82%

Post Holding

63.60%

Top Promoters Holding

Financials

All values in Cr

Mar-2016 Mar-2017 Mar-2023 3-Yr trend
Revenue 64.37 (3.90%) 63.56 (-1.30%) 13.13 (-)
Gross Profit 64.37 (3.90%) 63.56 (-1.30%) 13.13 (-)
Net Income 64.37 (3.90%) 63.56 (-1.30%) 13.13 (-)
Assets 64.37 (3.90%) 63.56 (-1.30%) 13.13 (-)
Liabilities 64.37 (3.90%) 63.56 (-1.30%) 13.13 (-)

Peers

Company Name Revenue (Cr) Net Profit (Cr) Assets (Cr) Liabilities (Cr) ROE EPS BVPS Current Ratio Debt to Assets
Committed Cargo Care Ltd 122.22 5.33 30.71 1.86 13.13 0.00 38.11 3.40 0.02
Jet Freight Logistics Ltd 426.64 -0.41 157.25 157.25 -0.64 -0.09 13.81 -0.26 0.93
Total Transport Systems Ltd 590.27 5.24 124.89 124.89 6.77 3.47 48.14 4.19 0.21
Tiger Logistics (India) Ltd 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Book Running Managers

  • Fedex Securities Pvt Ltd

Registrar & Transfer Agent

Bigshare Services Pvt Ltd

Office No 56-2,
Pinnacle Busine.Park,
Mahakali Caves Road - Mumbai - 400093
Phone : 91-22-62638200 Fax: 91-22-63638299

Company Contact Information

Khasra No. 406 Ground Floor,
A Block Gali No.8 Mahipalpur,
New Delhi - 110037
Phone : 91-11-46151111 Email : hr@committedgroup.com www.committedgroup.com

Offer Related Information

Initial public issue of 32,40,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Committed Cargo Care Limited ("The Company" or the "Issuer") for cash at a price of Rs. 77 per equity share (the "Issue Price"), (including a premium of Rs. 67 per equity share), aggregating Rs. 24.95 crores ("The Issue"), of which 1,64,800 equity shares of face value of Rs. 10/- for cash at a price of Rs. 77 each aggregating Rs. 1.27 crores will be reserved for subscription by market maker to... More

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