Committed Cargo Care is set to launch an IPO which will open on October 06, 2023, and close on October 10, 2023. Through this public offer company wants to raise Rs. 24.98 Crore from the primary market, Company fixed the price band of Rs. 77 with a minimum lot of 1600 shares, and list on October 18, according to the preliminary papers filed to the capital market regulator SEBI.
About Committed Cargo Care Company
Committed Cargo Care is engaged in the business of handling import and export cargo and provides integrated services through third-party logistics. The company started its operation as a clearing house agent, and now presence in Delhi, Mumbai, Chennai, Jaipur, Ludhiana, etc.
Integrated logistics services include: Cargo management solution, order management, international freight management, cross-border movement and over dimensional cargo movement etc.
Check out the IPO allotment status on IPO Deliver.
Committed Cargo Care IPO Object
The company intends to use the IPO Funds for the below-mentioned purposes:
- Working capital requirement of the company.
- General corporate purposes and offer expenses.
Committed Cargo Care Strength
- Smooth flow of operations
- Experienced promoters and management team
- Existing supplier relationship
- Well-defined organizational structure
Committed Cargo Care Risk Factor
- Failed to obtain, maintain, and protect intellectual rights.
- More than 40% revenue comes from top 10 customers
- High Competition in the market.
Committed Cargo Care IPO Review & Rating
| Issue Size (Rs.) | 24.98 crore |
| Issue Price (Rs.) | 77 per share |
| Minimum Lot Size | 1600 shares |
| Market Capitalization (Rs.) | 83.26 crore |
| Total Profit (March 2023) (Rs.) | 5.33 crore |
| RoCE (%) | 24.06 |
| Debt/Equity ratio | 0.02 |
| NAV (Rs.) | 38.11 per share |
| Listing on | NSE Emerge (SME) |
| IPO Deliver Review | Medium to Long term |
Committed Cargo Care IPO Dates, Price Band & Details
Committed Cargo Care IPO will open on October 06, 2023, and close on October 10, 2023. The IPO list on October 18, 2023.
| Type of issue | Fixed Price IPO |
| Issue Size (Rs.) | 24.98 Crore |
| Face Value (Rs.) | 10/- per share |
| IPO Open Date | October 06, 2023 |
| IPO Close Date | October 10, 2023 |
| IPO Allotment Date | October 13, 2023 |
| Refund Date | October 16, 2023 |
| Share Credit Date | October 17, 2023 |
| Listing Date | October 18, 2023 |
Committed Cargo Care IPO Offer
Committed Cargo Care IPO total issue size is 32,44,000 shares which comprises below mentioned categories.
| Offer Category | Shares Offer | Amount (Rs.) |
| Fresh Issue | 32,44,000 | 24.98 Crore |
| Offer for Sale (OFS) | – | – |
Committed Cargo Care Financials Review (Lakhs)
The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.
| Category (Rs.) | March 31, 2023 | March 31, 2022 | March 31, 2021 |
| Total Revenue | 12,242.17 | 14,612.16 | 11,385.89 |
| Net Worth | 2,884.79 | 2,351.63 | 2,042.90 |
| Profit | 533.17 | 308.72 | 232.20 |
| Total Borrowings | 67.34 | 14.69 | 31.42 |
Committed Cargo Care IPO Quantitative Factors
The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.
| Category | March 31, 2023 | March 31, 2022 | March 31, 2021 |
| EPS (Rs.) | 7.04 | 4.08 | 3.07 |
| RoNW (%) | 18.48 | 13.13 | 11.37 |
| NAV (Rs.) | 38.11 | 31.07 | 26.99 |
Committed Cargo Care IPO Peers Comparison (Top 2)
Comparison with the other same segment listed companies in India.
| Company Names | EPS (Rs.) | RoNW (%) | NAV (Rs.) |
| Total Transport System | 2.37 | 18.24 | 42.98 |
| Tiger Logistics | 31.72 | 45.19 | 70.40 |
Committed Cargo Care Company Promoters
As per the DRHP and RHP, the company has four Promoter.
| Serial No. | Name |
| 01. | Rajeev Sharma |
| 02. | Nitin Bharal |
| 03. | N.S Bisht |
| 04. | Yashpal Arora |
Committed Cargo Care Pre-offer and Post-Offer Promoters Shareholding
| Promoter and promoter group Shareholding | Percentage (%) |
| Pre-Issue | 98 |
| Post- Issue | 68.63 |
Committed Cargo Care IPO Reservation
Committed Cargo Care IPO total reservation of 32,44,000 shares, distributed between the below-mentioned categories.
| Category | No. of Shares |
| Others- Not more than 50% of the offer size | 15,37,600 |
| RII- Not more than 50% of the offer size | 15,37,600 |
| Market Makers Reservation | 1,64,800 |
Committed Cargo Care IPO – Market Lot Size
An individual investor can apply for a minimum of 1 lot of 1600 Shares and a maximum of 1 lot of 1600 shares. Market lot sizes for retail investors are as follows:
| Application | Lot Size | No. of Shares | Amount (Rs.) |
| Retail Minimum | 1 | 1,600 | 1,23,200 |
| Retail Maximum | 1 | 1,600 | 1,23,200 |
Committed Cargo Care IPO – Prospectus
An investor can download/view the Committed Cargo Care Limited prospectus copy, which was filed by the company to SEBI, details are as follows.
| Committed Cargo Care IPO Prospectus | Download/View Links |
| Draft Red Herring Prospectus (DRHP) | Click here |
| Red Herring Prospectus (RHP) | Click here |
Committed Cargo Care IPO Registrar
Bigshare Services Private Limited
Tel: +91-226263 8200
E-Mail: ipo@bigshareonline.com
Website: www.bigshareonline.com
Committed Cargo Care IPO lead manager
Fedex Securities Private Limited
Tel No.: +91 81049 85249
E-Mail: mb@fedsec.in
Website: www.fedsec.in
Committed Cargo Care IPO Application (How to Apply for an IPO)
There are primary four options for applying for a Committed Cargo Care IPO, details are as follows:
Option-1 Apply for IPO through Internet Banking
Step-1. Log into your bank account.
Step-2. In the invest Tab, you will see ASBA, click on it.
Step-3. Choose to apply for IPO and select the ongoing IPO “Committed Cargo Care Limited”
Step-4. Enter the basic details like bid quantity, price, PAN, etc. then proceed with payment.
Step-5. After the above steps, the respective amount will get blocked till the allotment date and after it will get a refund/debited in case of rejection/allotment respectively.
Option-2 Apply for IPO through a Broker firm
Step-1. Log into your broker account (e.g. Upstox/Zerodha etc.)
Step-2. Click on the IPO tab and select the ongoing IPO “Committed Cargo Care Limited”
Step-3. Enter the basic details like bid quantity, price, PAN, etc. then enter UPI ID and proceed with payment.
Step-4. Your funds will get blocked, and once shares have been allotted to you, the respective amount will get debited from your account or get refunded in case no allotment is made to you.
Option-3 Apply for IPO Offline Mode Bank mode
Step-1. Visit the nearest branch of your bank.
Step-2. Fill out the ASBA form and submit it with KYC details.
Step-3. Your funds will get blocked, and once shares have been allotted to you, the respective amount will get debited from your bank account or refunded in case no allotment is made to you.
Option – 4 Apply for IPO through Stock Exchanges
NSE Form – Click to download
BSE Form – Click to download
Submit the form with your bank/broker.
Committed Cargo Care Company Details
Committed Cargo Care Limited (1998)
Registered Office: Khasra No. 406, Ground Floor, A-block, Gali No. 08, Mahipalpur Extn. New Delhi-110037
Tel: 011-46151111
Email: hr@committedgroup.com
Website: www.committedgroup.com
Investor Grievances/Compliance Officer: Charumita Bhutani
Committed Cargo Care Subsidiary Companies (Top 2)
| Serial No. | Name of Companies |
| 01. | – |
| 02. | – |
Committed Cargo Care Company Board (Top 3)
| Serial No. | Name of Directors |
| 01. | Rajeev Sharma |
| 02. | Nitin Bharal |
| 03. | N.S Bisht |
Committed Cargo Care IPO – Frequently Asked Questions (FAQ’s)
Q-1 What is Committed Cargo Care IPO?
Ans: Committed Cargo Care brings its SME IPO of Rs. 24.98 crore, on October 06, 2023, with a price band of Rs. 77 per share.
Q-2 what is Committed Cargo Care IPO Open date?
Ans: Committed Cargo Care IPO opening date is October 06, 2023.
Q-3 what is Committed Cargo Care IPO Close date?
Ans: Committed Cargo Care IPO closing date is October 10, 2023.
Q-4 What is Committed Cargo Care IPO Listing date?
Ans: Committed Cargo Care IPO listing date is October 18, 2023.
Q-5 What is Committed Cargo Care IPO Minimum investment amount?
Ans: Committed Cargo Care IPO minimum investment amount is Rs. 1,23,200.
Q-6 What is Committed Cargo Care IPO offer issue Size?
Ans: Committed Cargo Care offer an issue size of Rs. 24.98 Crores.
Q-7 What is Committed Cargo Care IPO Price Band?
Ans: Committed Cargo Care IPO price band is Rs 77 per share.
Q-8 Is Committed Cargo Care IPO mainboard IPO or SME IPO?
Ans: Committed Cargo Care IPO is the SME IPO.
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