S J Logistics is engaged in the business of providing logistics and supply chain solutions to their customers. Their key services include freight forwarding, customs clearance, and transportation handling services. They are a Multimodal Transport Operator registered under the Multimodal Transportation of Goods Act 1993 to carry on the business of multimodal transportation.
They started the business as a proprietorship concern in the year 2000 under the leadership of their Promoter Rajen Hasmukhlal Shah. Later, during the year 2003, considering the market demand and business opportunity in the logistics and freight forwarding business, their promoter incorporated and carried on the business of freight forwarding under the name and style of “SJ Logistics (India) Private Limited” and since then, they have grown their presence, expanded the scope of their services, and increased their capabilities in the business of freight forwarding.
The company has over the years developed and increased the ambit of its services covering services that include multimodal transportation, regulatory compliance like custom clearance, and other related services. They are also engaged in handling project cargo, which requires detailed planning and technical experience. The project handling service includes providing solutions to meet specific customer requirements for the transport of oversized, over-dimension cargo, critical or high-value cargo such as power generating sets, excavators, transmission towers, etc. from one location to another using multiple modes of transport. The transport of oversized, over-dimension cargo, critical or high-value cargo is generally handled on a turnkey contract basis.
S J Logistics has two subsidiary companies namely SJA Logisol India Private Limited (“SJALIPL”) and S. J. L. Group (Singapore) Pte. Ltd. SJA Logisol India Private Limited is engaged in the business of providing services of transportation and logistics services.
Objects of the Issue:
- Repayment and/or pre-payment, in whole or part, of certain borrowings availed by the Company.
- To meet working capital requirements.
- General Corporate Purpose.
S J Logistics IPO Review
- May Apply
S J Logistics IPO Date & Price Band Details
IPO Open: | December 12, 2023 |
IPO Close: | December 14, 2023 |
IPO Size: | Approx ₹48.00 Crores, 3,840,000 Equity Shares |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹121 to ₹125 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 |
S J Logistics IPO Market Lot
The S J Logistics IPO minimum market lot is 1000 shares with a ₹125,000 application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1000 | ₹125,000 |
Retail Maximum | 1 | 1000 | ₹125,000 |
S-HNI Minimum | 2 | 2000 | ₹250,000 |
S J Logistics IPO Dates
The S J Logistics IPO date is December 12 and the IPO close date is December 14. The IPO allotment date is December 15 and the IPO might list on December 19.
IPO Open Date: | December 12, 2023 |
IPO Close Date: | December 14, 2023 |
Basis of Allotment: | December 15, 2023 |
Refunds: | December 18, 2023 |
Credit to Demat Account: | December 18, 2023 |
IPO Listing Date: | December 19, 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
S J Logistics IPO Form
How to apply S J Logistics IPO? You can apply S J 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 S J Logistics IPO in the Invest section. The other option you can apply S J Logistics IPO via IPO forms download via the NSE website. Check out the S J Logistics forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
S J Logistics Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹124.02 | ₹122.86 | ₹0.86 |
2022 | ₹105.31 | ₹102.75 | ₹1.88 |
2023 | ₹135.01 | ₹125.48 | ₹7.62 |
2024 6M | ₹103.39 | ₹91.76 | ₹9.31 |
S J Logistics IPO Valuation – FY2023
Check S J 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): | ₹8.84 per Equity Share |
Price/Earning P/E Ratio: | 14.14 |
Return on Net Worth (RoNW): | 24.41% |
Net Asset Value (NAV): | ₹36.22 per Equity Share |
Peer Group
- Cargotrans Maritime Limited
- Patel Integrated Logistics Limited
- Tiger Logistics (India) Limited
- Total Transport Systems Limited
Company Promoters
- Rajen Hasmukhlal Shah
S J Logistics IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: [email protected]
Website: https://maashitla.com/
S J Logistics IPO Allotment Status
Check S J Logistics IPO allotment status on Maashitla Securities website URL. Click Here
S J Logistics IPO Lead Managers aka Merchant Bankers
- Hem Securities Limited
Company Address
S J Logistics (India) Limited
901/902/903, Centrum
Opposite Raila Devi Lake,
Wagle Estate, Thane (West)-400604,
Phone: +91 022 61982800
Email: [email protected]
Website: https://www.sjlogistics.co.in/
8 Responses
I have no alloted share
I don’t get block amount
Pls reply
Still the annoncement is not came, please check by tomorrow as of now.
Ipo allotment Time ?
I applied many SME ipo but not allotted anyone.. How to get.. Can any guides.
when will allotment came
The allotment will be today.
At what time?