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Issue Open Date
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26-Mar-24
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Issue Closing Date
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28-Mar-24
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Application Money
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100
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Allotment Money
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Price Band
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40
-
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Minimium Application No.
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3000
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Issue Size (Shares)
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1401000
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Market Lot
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1
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Objective
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(i) Purchase of Vehicles and Body Building.(ii) Finance the Website Development and App Designing.(iii) General Corporate Purpose.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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|
Offered / Reserved |
Bid For |
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Non-Institutional Investors
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|
28518000
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|
Qualified Institutional Buyers
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|
87000
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Retail Individual Investors
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|
47562000
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|
|
|
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Business Description
Our Company is engaged in the business of providing surface logistics services viz. goods transport services. OurCompany offers its services to other logistic companies, including surface logistic companies and to directcustomers. The range of services offered by our Company includes bulk load, Full Truck Load (FTL) service anddedicated load. Under bulk load, our Company offers bulk transportation service to large sized Companiesthrough their transport contractors, Full Truck Load (FTL) service to retailers and traders, wherein our Companyprovides point to point services to the customers in which the goods are loaded from the premises of the customerand are delivered to the delivery point as specified by them (i.e. factory/warehouse). Our Company also providededicated load service, which includes multiple pick-ups and drops. Our Company mainly serves transportcontractors and industrial customers, who have requirement to transport bulk quantities of their goods from oneplace to another within India.
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Promoter's Holding
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Total Share Capital
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1779797
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Offered to Public
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1401000
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Promoter's Holding (Pre-Issue)
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76.76
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Promoter's Holding (Post-Issue)
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47.85
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Address |
Shop No. 6 Sadguru Complex Nari Chowkadi
Bhavnagar,
Gujarat,
364001
Phone : 9377774949
Email : contact@gconnectlogitech.com
Website : www.gconnectlogitech.com
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Registrar |
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B Plot 31-32 Gachibowli Financial District Nanakramguda Hyderabad
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Listed at |
BSE
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Lead Manager |
Fedex Securities Ltd.
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Promoters |
Jigar Vinodbhai Sheth Vinod Venilal Sheth
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