S J Logistics IPO Date, Review, Price, Allotment Details

S J Logistics IPO Details: S J Logistics IPO date is fixed, The IPO will open on December 12 and will close on December 14. S J Logistics is an NSE SME IPO to raise ₹48 crores via IPO. The S J Logistics IPO price band is fixed at ₹121 to ₹125 with a market lot of 1000 shares.
S J Logistics IPO

Table of Contents

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.

ApplicationLot SizeSharesAmount
Retail Minimum11000₹125,000
Retail Maximum11000₹125,000
S-HNI Minimum22000₹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.

Open Demat Account

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S J Logistics Company Financial Report

₹ in Crores
YearRevenueExpensePAT
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/

S J Logistics IPO FAQs


What is S J Logistics IPO?

S J Logistics IPO is an NSE SME IPO. They are going to raise ₹48 Crores via IPO. The issue is priced at ₹121 to ₹125 per equity share. The IPO is to be listed on NSE.

When S J Logistics IPO will open?

The IPO is to open on December 12, 2023 for QIB, NII, and Retail Investors.

What is S J Logistics IPO Investors Portion?

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

How to Apply the S J Logistics IPO?

You can apply S J 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 S J 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 “S J 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 S J Logistics IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “S J 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 S J Logistics IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “S J 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 S J Logistics IPO Size?

S J Logistics IPO size is ₹48 crores.

What is S J Logistics IPO Price Band?

S J Logistics IPO Price Band is ₹121 to ₹125 per equity share.

What is S J Logistics IPO Minimum and Maximum Lot Size?

The IPO bid is 1000 shares with ₹125,000.

What is S J Logistics IPO Allotment Date?

S J Logistics IPO allotment date is December 15, 2023.

What is S J Logistics IPO Listing Date?

S J Logistics IPO listing date is December 19, 2023. The IPO to list on NSE SME.

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