Committed Cargo Care Limited is planning to launch its IPO, which is a fixed price issue consisting entirely of a fresh issue of 32.44 lakh shares. As of now, the specific dates for the Committed Cargo Care IPO and its price bands have not been announced.
Fedex Securities Pvt Ltd is the designated book running lead manager for the Committed Cargo Care IPO, and Bigshare Services Pvt Ltd is the appointed registrar for the issue.
For more detailed information, it is recommended to refer to the Committed Cargo Care IPO DRHP (Draft Red Herring Prospectus) once it becomes available, as it will provide comprehensive details about the IPO, including pricing and other important information.
Committed Cargo Care IPO Details #
| IPO Date | to |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | [.] per share |
| Lot Size | |
| Total Issue Size | 3,244,000 shares (aggregating up to ₹[.] Cr) |
| Fresh Issue | 3,244,000 shares (aggregating up to ₹[.] Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 7,569,600 |
| Share holding post issue | 10,813,600 |
Committed Cargo Care IPO Reservation #
| Other Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
Committed Cargo Care IPO Promoter Holding #
Mr. Rajeev Sharma, Mr. Nitin Bharal, Mr. Narendra Singh Bisht, and Mr. Yashpal Arora are the company’s promoters.
| Share Holding Pre Issue | 98.00% |
| Share Holding Post Issue |
About Committed Cargo Care Limited #
Incorporated in 1998, Committed Cargo Care Limited is a Third Party Logistics provider that specializes in handling Import and Export Cargo and provides integrated services.
The company provides integrated logistics services such as cargo management solutions, order management, international freight management, customs and cross-border movement, heavy and over-dimensional cargo movement, etc.
Committed Cargo Care’s customer base comes from various sectors across India, including automotive and heavy engineering, telecom, food and agro, fast-moving consumer goods (FMCG), paint, handicrafts, e-commerce products, garments, pharma, and dairy.
The company recorded Rs. 1,4612.17 Lacs, Rs. 11,385.89 Lacs, and Rs. 8,404.10 Lacs in Revenue in Fiscal 2022, 2021, and 2020 respectively.
Company Financials #
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 2,599.79 | 8,404.10 | 151.10 | 1,810.70 | 1,053.74 | 65.19 |
| 31-Mar-21 | 3,035.65 | 11,385.89 | 232.20 | 2,042.90 | 1,285.94 | 31.42 |
| 31-Mar-22 | 3,309.84 | 14,612.17 | 308.72 | 2,351.63 | 1,594.67 | 14.69 |
| 30-Sep-22 | 3,544.91 | 6,255.69 | 259.51 | 2,611.14 | 1,854.18 | 54.27 |
| Amount in ₹ Lakhs | ||||||
Objects of the Issue (Committed Cargo Care IPO Objectives) #
The Company proposes to utilize the Net Proceeds from the issue towards the following objects:
- Meeting working capital requirements.
- General corporate purposes.
IPO Prospectus #
- Committed Cargo Care IPO DRHP
IPO Contact Details #
Khasra No. 406, Ground Floor,
A – Block, Gali No. – 8 Mahipalpur Extn.,
New Delhi– 110037
Phone: 011-46151111
Email: hr@committedgroup.com
Website: http://www.committedgroup.com/
IPO Registrar #
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
IPO Lead Manager(s) #
FAQS #
What is the total number of shares offered in the Committed Cargo Care IPO? #
The Committed Cargo Care IPO consists of 32.44 lakh fresh issue shares.
Who is the designated book running lead manager for the Committed Cargo Care IPO? #
Fedex Securities Pvt Ltd serves as the designated book running lead manager for the Committed Cargo Care IPO.
What is the reservation percentage for retail investors in the Committed Cargo Care IPO? #
Retail investors are reserved 50% of the net issue in the Committed Cargo Care IPO.
Who are the promoters of Committed Cargo Care Limited? #
The promoters of Committed Cargo Care Limited are Mr. Rajeev Sharma, Mr. Nitin Bharal, Mr. Narendra Singh Bisht, and Mr. Yashpal Arora.
