The GConnect Logitech IPO minimum market lot is 3000 shares with ₹120,000 application amount. The GConnect Logitech IPO is an SME IPO, and it is to be listed on BSE SME .
GConnect Logitech is engaged in the business of providing surface logistics services viz. goods transport services. Their Company offers its services to other logistic companies, including surface logistic companies and to direct customers. The range of services offered by their Company includes bulk load, Full Truck Load (FTL) service, and dedicated load. Under bulk load, Their Company offers bulk transportation service to large Companies through their transport contractors, Full Truck Load (FTL) service to retailers and traders, wherein their Company provides point-to-point services to the customers in which the goods are loaded from the premises of the customer and are delivered to the delivery point as specified by them (i.e. factory/warehouse). Their Company also provides dedicated load service, which includes multiple pick-ups and drops. Their Company mainly serves transport contractors and industrial customers, who have requirement to transport bulk quantities of their goods from one place to another within India.
IPOWatch View
We recommend investors may apply for an IPO with Avoid. Investors should also look at the QIB, NII, and Retail numbers before investing.
GConnect Logitech IPO Subscription Status – Day 3
Category | Day 1 | Day 2 | Day 3 |
NII | 0.52 | 2.05 | 42.90 |
RII | 4.89 | 15.22 | 71.74 |
Total | 2.70 | 8.64 | 57.38 |
GConnect Logitech IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
GConnect Logitech IPO Review
- Avoid
GConnect Logitech IPO Form
How to apply for the GConnect Logitech IPO? You can apply for GConnect Logitech IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the GConnect Logitech IPO in the Invest section. The other option is you can apply for GConnect Logitech IPO via IPO forms downloaded online. Check out the GConnect Logitech forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.