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Let’s have a detailed review of the company and analytics of the Committed Cargo Care IPO release date, IPO offer price, subscription, Committed Cargo Care Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.

Face Value Rs 10
Price Band Rs 77
Listing At NSE, SME
Min. Order Quantity 1600 Shares
Listing Date October 18, 2023
Offer for Sale Rs Lakh
Fresh Issue Rs 2,498 Lakh
IPO Size Rs 2,498 Lakh
Tick Size 1

Committed Cargo Care IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.

Live Performance – Committed Cargo Care Share Price

Committed Cargo Care IPO – Summary

Committed Cargo Care IPOTheir Company is an ISO 9001:2015 Company, headquartered in Delhi. They are a 3PL (Third Party Logistic) provider which specializes in handling Import and export Cargo and provides integrated services to their customers. Earning and maintaining a reputation for dependable and complete worldwide cargo movement solutions with the motto “Customer Pride”.

Their Company started its operations as a Clearing House Agent. Committed Group has established its hub in Delhi, Mumbai, Chennai, Jaipur, Ludhiana, and Agra and a reliable network of associate offices in India and the world over and is also an accredited member of FIATA,

The Promoter of this company is Rajeev Sharma, Nitin Bharal, Narendra Singh Bisht, Yash Pal Arora and Sonia Bharal. The lead manager of the issue is FEDEX SECURITIES PRIVATE LIMITED, and the Registrar of this issue is BIG SHARE SERVICES PRIVATE LIMITED.

Committed Cargo Care IPO Date

The opening and closing dates of the Committed Cargo Care IPO are October 6, 2023, and October 10, 2023, respectively.

Committed Cargo Care IPO Subscription

Day / Date NII RII Total Subscription
1st Day – 6th Oct 0.79x 3.94x 2.36x
2nd Day – 9th Oct 6.51x 27.53x 17.03x
3rd Day – 10th Oct 39.58x 61.19x 50.43x
Shares Offered or Net Issue 1,537,600 1,537,600 3,240,000

The shares subscribed by the public will be updated here.

Committed Cargo Care IPO Allotment Status

Here, you can find the Allotment Status of this IPO.

Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.

Committed Cargo Care Limited IPO Listing Date

Find the dates below on basis of allotment, refund, listing, and more:

Basis of Allotment Finalization October 13, 2023
Refunds Initiation October 16, 2023
Credit of Shares to Demat Account October 17, 2023
Share Listing Date October 18, 2023

Committed Cargo Care IPO Price Band

The face value of each share is Rs.10, but the price band of the IPO is Rs.77

Committed Cargo Care IPO Equity Size

This Initial Public Issue of 3,244,000 Equity Shares of Rs.10 each for cash at a price of Rs.77 per equity share aggregating to Rs.2,498 Lakh.

Committed Cargo Care IPO Share Offering

Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 3,244,000 Equity Shares of Rs.10/ each.

Issue Size: 3,244,000 Equity Shares of Rs.10 each, aggregating to Rs.2,498 Lakh

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    Committed Cargo Care IPO – Live Performance

    The listing date of this IPO is October 18, 2023. You can check the live performance of the IPO here, only after it is listed on exchanges.

    Live IPO Performance – Committed Cargo Care Share Price

    Committed Cargo Care IPO Grey Market Premium

    The Committed Cargo Care Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is Rs X. 

    Committed Cargo Care IPO – Company Overview

    Their 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. Their well-established network and tracking software enable them to provide fast and reliable information to their client.

    Thus, capable of handling – packaging, warehousing, freight forwarding, customs clearance of export and import cargo of commercial consignments, diplomatic and non-diplomatic consignments, special services and forwarding of cargos, with an objective to provide the most convenient and cost-effective transportation method by air, courier, sea and road any time & anywhere around the globe.

    Their customers operate in 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.

    Committed Cargo Care IPO – Financial Statements

    A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:

    Financial Summary:

    Amount (in INR & Lakh)
    30-Apr-23 31-Mar-23 Mar-22 31-Mar-21
    Total Assets 3,922.66 4,015.13 3,309.84 3,035.65
    *Total Revenue 959.24 12,242.77 14,612.16 11,385.89
    Total Expense 886.99 11,521.80 14,193.76 11,070.78
    Profit After Tax 54.07 533.17 308.72 232.20

    Earnings per Equity Share (in Lakh)

    30-Apr-23 31-Mar-23 Mar-22 31-Mar-21
    Basic & Diluted 0.00 7.04 4.08 3.07

    Further, their PAT for the period ended on Apr 30, 2023, March 31, 2023, March 31, 2022, and March 31, 2021, were Rs. 54.07 Lakh, Rs. 533.17 Lakh, Rs. 308.72 Lakh and Rs. 232.20 Lakh respectively.

    Committed Cargo Care IPO – Promoters

    The Promoter of this company is:

    1. Rajeev Sharma,
    2. Nitin Bharal,
    3. Narendra Singh Bisht,
    4. Yash Pal Arora
    5. Sonia Bharal

    List of Related Parties (Key Managerial Personnel)

    • Rajeev Sharma, Managing Director
    • Nitin Bharal, Whole Time Director And Chief Executive Officer
    • Narendra Singh Bisht, Whole – Time Director And Chief Financial Officer
    • Yash Pal Arora, Whole-Time Director

    Committed Cargo Care IPO – Promoters Holding

    • Pre-Issue Share Holding – 98.00%
    • Post-Issue Share Holding – 68.63%

    Committed Cargo Care IPO Offer Details or Issue Details

     Particulars  No. Of Equity Shares
     Equity Shares Offered  Up to 32,40,000 Equity Shares aggregating up to Rs.2494.80 Lakh
    of which:
    Issue Reserved for the Market Makers Up to 1,64,800 Equity Shares aggregating up to Rs.126.90
    Net Issue to the Public Up to 30,75,200 Equity Shares aggregating up to Rs.2367.90
    Of which:
    Retail Investors Portion Not less than 15,37,600 Equity Shares
    Other than Retail Individual Investors Not more than 15,37,600 Equity Shares
     Equity Shares outstanding prior to the Issue 75,69,600 Equity Shares
     Equity Shares outstanding after the Issue 1,08,09,600 Equity Shares

    Committed Cargo Care IPO Issue Object

    Their Company proposes to utilize the Net Proceeds towards funding the following objects:

    1. Meeting working capital requirements; and
    2. General corporate purposes

    Committed Cargo Care IPO – Business Strategy

    • PAN India Presence
    • Investment in infrastructure
    • Quality Assurance
    • Reduction of operational costs and achieving efficiency
    • Focus on Increase in Volume of Sales
    • Leveraging their Market Skills and Relationships

    Committed Cargo Care IPO – Basis of Offer Price

    The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.

    Qualitative factors are:

    • Smooth flow of operations
    • Experienced Promoters and Management Team
    • Existing Supplier Relationship
    • Comprehensive solution for logistics requirement
    • Well-defined organizational structure

    The relevant quantitative factors are:

    Basic & Diluted EPS RONW (%) NAV (Rs.)
    31-Mar-23 7.04 18.48% 38.11
    31-Mar-22 4.08 13.13% 31.07
    Mar-21 3.07 11.37% 26.99

    Committed Cargo Care IPO: Competitive Peers

    Face Value (Rs.) P/E EPS (Rs.) Return on Net Worth (%) Total Income (Rs. in Lakhs)
    Committed Cargo Care Limited 10 10.94 7.04 13.13 14,612.17
    Listed Peers
    Jet Freight Logistics Limited 5 980.00 0.01 0.26 41,697.96
    Total Transport Systems Limited 10 16.53 8.73 17.08 52,221.82
    Tiger Logistics (India) Ltd. 10 18.85 21.94 26.97 43,334.78

    Committed Cargo Care IPO Lead Managers

    Lead Managers
    B 7, 3rd Floor, Jay Chambers, Dayaldas Road, Vile Parle – [East],
    Mumbai – 400 057, Maharashtra, India
    Tel No.: +91 81049 85249
    E-mail: mb@fedsec.in
    Website: www.fedsec.in
    Contact Person: Saipan Sanghvi
    SEBI Registration Number: INM000010163
    Investor Grievance E-Mail: mb@fedsec.in

    Committed Cargo Care IPO Registrar to offer

    Registrar to the Offer
    Office No. S6 – 2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre,
    Mahakali Cave Road, Andheri – [East], Mumbai – 400093, Maharashtra, India.
    Tel No.: +91 22 6263 8200
    Email: ipo@bigshareonline.com
    Website: www.bigshareonline.com
    Contact Person: Mr. Aniket Chindarkar
    SEBI Registration No.: INR000001385

    Committed Cargo Care IPO – Other Details

    • Statutory Auditor – M/s Gupta Vijay K & Company, Chartered Accountants
    • Legal Counsel to the Company – VIDHIGYA ASSOCIATES, ADVOCATES

    Committed Cargo Care IPO Review by Stock Brokers

    Top Stock Brokers Review Company Reputation Competitive Edge Financial Statement Popularity Index Promoters Reputation
    Angel Broking 7.5/10 7.4/10 8.5/10 8.1/10 7.1/10
    Sharekhan 7.2/10 7.1/10 8.6/10 8.1/10 7.2/10
    Kotak Securities 7.3/10 7.5/10 8.4/10 8.1/10 7.3/10
    ICICI Direct 7.3/10 7.3/10 8.7/10 8.1/10 7.1/10
    IIFL 7.5/10 7.2/10 8.8/10 8.0/10 7.1/10
    Edelweiss 7.5/10 7.4/10 8.4/10 8.3/10 7.2/10
    Zerodha 7.4/10 7.1/10 8.5/10 8.1/10 7.0/10
    5Paisa 7.1/10 7.1/10 8.4/10 8.1/10 7.1/10
    Karvy 7.4/10 7.3/10 8.2/10 8.1/10 7.1/10
    Motilal Oswal 7.1/10 7.1/10 8.6/10 8.3/10 7.2/10


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      Committed Cargo Care Limited IPO News

      News 1 – IPO DRHP Download

      News 2 – IPO RHP Prospectus Download

      Committed Cargo Care IPO Review FAQs

      Check out various FAQs related to Committed Cargo IPO:

      What is the Issue Size of Committed Cargo IPO?

      The Company is making an initial public offer of 3,244,000 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.

      What is the Price band of Committed Cargo IPO?

      The price band for this particular IPO ranges between Rs 77. As far as the face value of the share is concerned, it is Rs. 10 per share.

      What is the Committed Cargo IPO Open Date?

      The opening and closing dates for this IPO have been updated. The IPO is set to open on October 06, 2023, while the closing date is set at October 10, 2023.

      What is the Committed Cargo IPO Allotment Date?

      They also have the news regarding the respective allotment dates of this IPO. The basis of Allotment finalization is on October 13, 2023, refund initiation is on October 16, 2023, credit of shares is on October 17, 2023, and share listing date is on October 18, 2023.

      What is the Committed Cargo IPO Listing Date?

      Shares of this company shall be listed in the exchanges on October 18, 2023. The date, when the listing would be done, is stagnant on October 18, 2023.

      Who is the Registrar of Committed Cargo IPO?

      One of the reputed registrars is managing the issue of this IPO, i.e. BIGSHARE SERVICES PRIVATE LIMITED. Their website will help you regarding the further information you are on the lookout for.

      Who is the Promoter of Committed Cargo IPO?

      Here are the promoters of this IPO – Rajeev Sharma, Nitin Bharal, Narendra Singh Bisht, Yash Pal Arora and Sonia Bharal. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.

      What is the GMP of Committed Cargo IPO?

      They have obtained the GMP of this IPO and it is Rs NA. Further insights into the Kostak rate and subject to sauda or SS are as well included in this report.

      Is Committed Cargo Care IPO Good for Investment?

      They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.

      What is the PAT of Committed Cargo Care Company?

      They have the information on company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2023 in Lakh is 533.17, 2022 is 308.72, and 2021 is 232.20. PAT from April 2023 is 54.07.

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