Brace Port Logistics IPO Date, Review, Price, Allotment Details

Brace Port Logistics IPO Details: Brace Port Logistics IPO date is fixed, The IPO will open on August 19, 2024 and will close on August 21, 2024. Brace Port Logistics is a NSE SME IPO to raise ₹24.41 crores via IPO. The Brace Port Logistics IPO price band is fixed at ₹76 to ₹80 with a market lot of 1600 shares.

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


Their team comprises trained and experienced professionals and has rich industry expertise its promoters for more than two decades. Thier holding company is a leading player in the air cargo industry in India. Their aim is to provide highly optimized and customized supply chain solutions to thier customers with unified technology systems. They have a strong pan-India and global network to meet the needs of thier customers across a wide range of industries including medical supplies and pharma, sports goods, perishables, electronics, consumer durables automotive, etc. Thier experienced team can handle all logistics movements using advanced systems and processes to overcome any challenges. They are flexible in our approach to managing the supply chains effectively, along with the identification of the best routes to move shipments and at best pricing options.


Objects of the Issue:

  • Funding the working capital requirements of the company
  • General corporate purposes.

Brace Port Logistics IPO Review

  • May Apply

Brace Port Logistics IPO Date & Price Band Details

IPO Open:August 19, 2024
IPO Close:August 21, 2024
IPO Size:Approx ₹24.41 Crores, 3,051,200 Equity Shares
Fresh Issue:Approx ₹24.41 Crores, 3,051,200 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹76 to ₹80 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:35% of the net offer
QIB Quota:50% of the net offer
NII Quota:15% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors in IPO:Click Here

Brace Port Logistics IPO Market Lot

The Brace Port Logistics IPO minimum market lot is 1600 shares with a ₹128,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum11600₹128,000
Retail Maximum11600₹128,000
S-HNI Minimum23200₹256,000

Brace Port Logistics IPO Dates

The Brace Port Logistics IPO date is August 19, 2024 and the IPO close date is August 21, 2024. The IPO allotment date is August 22, 2024 and the IPO might list on August 26, 2024.

IPO Open Date:August 19, 2024
IPO Close Date:August 21, 2024
Basis of Allotment:August 22, 2024
Refunds:August 23, 2024
Credit to Demat Account:August 23, 2024
IPO Listing Date:August 26, 2024

You can check IPO subscription status and IPO allotment status on their respective pages.

Brace Port Logistics IPO Form

How to apply Brace Port Logistics IPO? You can apply Brace Port Logistics IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Brace Port Logistics IPO in the Invest section. The other option you can apply Brace Port Logistics IPO via IPO forms download via the NSE website. Check out the Brace Port Logistics forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.


Brace Port Logistics Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2022₹54.20₹49.88₹3.22
2023₹70.94₹62.59₹6.18
2024₹55.25₹48.63₹4.89

Brace Port Logistics IPO Valuation – FY2024

Check Brace Port Logistics IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹5.93 per Equity Share
Price/Earning P/E Ratio:NA
Return on Net Worth (RoNW):35.52%
Net Asset Value (NAV):₹16.69 per Equity Share

Peer Group

  • Tiger Logistics (India) Limited
  • AVG Logistics Limited

Company Promoters

  • Skyways Air Services Private Limited
  • Mr. Yash Pal Sharma
  • Mr. Tarun Sharma
  • Mr. Sachin Arora
  • Mr. Rishi Trehan

Brace Port Logistics IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html

Brace Port Logistics IPO Allotment Status

Check Brace Port Logistics IPO allotment status on LinkIntime website URL. Click Here

Brace Port Logistics IPO Lead Managers aka Merchant Bankers

  • Holani Consultants Private Limited

Company Address

Brace Port Logistics Limited
A-182, Mahipalpur Extension,
5, Road No 4,
South Delhi, Mahipalpur-New Delhi-110037
Phone: 011 – 41729003
Email: [email protected]
Website: http://www.braceport-logistics.com/

Brace Port Logistics IPO FAQs


What is Brace Port Logistics IPO?

Brace Port Logistics IPO is an NSE SME IPO. They are going to raise ₹24.41 Crores via IPO. The issue is priced at ₹76 to ₹80 per equity share. The IPO is to be listed on NSE.

When Brace Port Logistics IPO will open?

The IPO is to open on August 19, 2024 for QIB, NII, and Retail Investors.

What is Brace Port Logistics IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Brace Port Logistics IPO?

You can apply Brace Port Logistics IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Brace Port Logistics IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Brace Port Logistics”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Brace Port Logistics IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Brace Port Logistics”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Brace Port Logistics IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Brace Port Logistics”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Brace Port Logistics IPO Size?

Brace Port Logistics IPO size is ₹24.41 crores.

What is Brace Port Logistics IPO Price Band?

Brace Port Logistics IPO Price Band is ₹76 to ₹80 per equity share.

What is Brace Port Logistics IPO Minimum and Maximum Lot Size?

The IPO bid is 1600 shares with ₹128,000.

What is Brace Port Logistics IPO Allotment Date?

Brace Port Logistics IPO allotment date is August 22, 2024.

What is Brace Port Logistics IPO Listing Date?

Brace Port Logistics IPO listing date is August 26, 2024. The IPO to list on NSE SME.

Note: The Brace Port Logistics IPO details are announced officially. The IPO grey market premium (Brace Port Logistics IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.

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