| IPO date | 12 Dec 2023 – 14 Dec 2023 |
| Listing date | 19 Dec 2023 |
| Price range | 121 – 125 |
| Minimum order quantity | 1000 | (D)RHP | View |
S J Logistics is launching its IPO. The opens for subscription on 12th December and will close on 14th December 2023.
Disclaimer: This stock will trade with a lot size of 1000 shares in the SME segment on listing.
What does S J Logistics (India) Limited do?
Incorporated in 2003, S J Logistics is engaged in the business of providing logistics and supply chain solutions to their customers. Their key services include freight forwarding, customs clearance, and transportation handling services. They are registered under the Multimodal Transportation of Goods Act 1993 as a Multimodal Transport Operator to carry on the business of multimodal transportation.
During fiscal 2023, they have processed over 3100 bills of lading to countries/ areas including African countries, South American countries, Australia, Bangladesh, European countries, Gulf countries, Southeast Asian countries, Russia, United States of America, etc.
They have two subsidiary companies namely SJA Logisol India Private Limited (SJALIPL) and S. J. L. Group (Singapore) Pvt. Ltd. SJA Logisol India Private Limited is engaged in the business of providing services of transportation and logistics services while S. J. L. Group (Singapore) Pvt. Ltd. is engaged in the business of providing services of freight forwarding, packing and crating services.
They operate from their registered office situated at Thane and their international logistics operations are supported by a network of partners and vendors.
Schedule of S J Logistics (India) Limited IPO
| Issue Period | 12th December to 14th December 2023 |
| Deadline for accepting UPI mandate | Until 5 PM on the issue closing day |
| Finalization of Allotment | December 15, 2023 |
| Initiation of Refunds | December 18, 2023 |
| Credit of Shares | December 18, 2023 |
| Date of Listing | December 19, 2023 |
| Mandate end date | December 29, 2023 |
| Anchor Investors Lock-In End Date (50% of the investment) | January 15, 2024 |
| Anchor Investors Lock-In End Date (Remaining investment) | March 15, 2024 |
How to apply to the S J Logistics (India) Limited IPO?
You can apply for the S J Logistics (India) Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
How to check the allotment status for S J Logistics (India) Limited IPO?
You can check the allotment status for the S J Logistics (India) Limited IPO on the website of the Registrar and Transfer agent. Alternatively, you can also check the allotment status on the NSE website.