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Cargosol Logistics Ltd
Registered Office:
502 Swaroop Arcade,Sahar Road Andheri (East), Mumbai - 400099, Maharashtra, India.
Email :  cs@cargosol.com
Website :  www.cargosol.com
Initial public offer of upto 27,00,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Cargosol Logistics Limited ("The Company" or "The Issuer") at an issue price of Rs. 28 per equity share for cash, aggregating up to Rs. 7.56 crores ("Public Issue") out of which 1,40,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 28 per equity share for cash, aggregating Rs. 0.39 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 25,60,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 28 per equity share for cash, aggregating upto Rs. 7.17 crores is here in after referred to as the "Net Issue". The public issue and net issue will constitute 26.47% and 25.10% respectively of the post-issue paid-up equity share capital of the company. The face value of the equity shares of Rs. 10 each and the issue price is Rs. 28 per equity shares, the issue price is 2.8 times the face value. Minimum application size of 4000 equity shares and in multiples of 4000 equity shares thereafter.
Issue
Opens On Closes On
28-Sep-22 30-Sep-22
Money Payable On
Application Allotment
28.00 0.00
Minimum Application for shares in Nos : 4000  Further Multiples of : 4000
()(Cr.) Lead Managers to the Issue
Project Cost () 6.69 Hem Securities Ltd
Project Financed through Current Offer () 7.56  
Post Issue Equity Share Capital () 10.20  
Issue Price () 28.00  
Projects
Purchase of vehicle for commercial purpose
Purchase of containers for expansion of the NVOCC division
To meet working capital requirements
General corporate purposes
Promoted By
Roshan Kishanchand Rohira
Samuel Janathan Muliyil
Listing At
BSE - SME
Registrar to the Issue