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Brace Port Logistics Limited

Brace Port Logistics Limited

smelisted
Registrar: Link Intime India Private Ltd · Listing 2024-08-26
IPO Timeline
Today · 21 Oct 2026
Opens
19 Aug 2024
Closes
21 Aug 2024
Allotment
21 Aug 2024
Refund
23 Aug 2024
Demat
22 Aug 2024
Listing
26 Aug 2024
Price Band
₹76–80
GMP
₹0
0%
Lot Size
1600 Shares
Min ₹128,000
Subscription
0x
Issue Size
₹24.41 Cr
Open
2024-08-19
Close
2024-08-21
Listing
2024-08-26

About the company

## **About  Brace Port Logistics Limited** Incorporated in November 2020, Brace Port Logistics Limited is a leading service-based logistics company specializing in ocean cargo logistics. With a focus on providing comprehensive solutions across various economic sectors, they excel in managing global cargo transportation. Their core services include ocean freight ,  air freight, warehousing, special cargo handling, and customs clearance. Leveraging a robust network of operati ons that spans the globe, they ensure seamless and efficient logistics solutions tailored to the unique needs of our clients. The company’s strength lies in the extensive industry expertise of their team and the rich experience of their promoters, who have been pivotal in shaping the logistics landscape for over two decades. As a subsidiary of a prominent player in the Indian air cargo industry, they benefit from a deep understanding of logistics intricacies and a commitment to excellence. This experience, combined with their advanced technology systems, enables them to deliver highly optimized and customized supply chain solutions that meet the highest standards. Brace Port Logistics Limited boasts a well-established network both within India and internationally, allowing them to effectively serve a diverse clientele. Their services cover a broad spectrum of industries, including medical supplies and pharmaceuticals, sports goods, perishables, electronics, consumer durables, and automotive products. This versatility underscores their capability to handle various logistics movements with precision and reliability, ensuring that they meet the dynamic demands of different sectors. Their approach is marked by flexibility and a commitment to identifying the most efficient routes and cost-effective solutions for their clients. By utilizing advanced systems and processes, they adeptly navigate the challenges of global logistics, ensuring timely and secure delivery of shipments. At Brace Port Logistics Limited, their goal is to provide unparalleled service through a combination of expertise, technology, and a customer-centric approach, making us a trusted partner in the logistics industry. Brace Port Logistics Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives: 1. Funding the working capital requirements  1. General corporate purposes.

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 21 Oct 2026
      Listed
      Listed on 26 Aug 2024
      Listed 786 days ago
      1. IPO Opens

        Completed
        19 Aug 2024

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        21 Aug 2024

        Last day to place your bid

      3. Basis of Allotment

        Completed
        21 Aug 2024

        Share allotment finalised

      4. Refund Initiation

        Completed
        23 Aug 2024

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        22 Aug 2024

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        26 Aug 2024

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      1600 shares
      Price / Share (upper)
      ₹80
      Min Investment (1 lot)
      ₹128,000
      Price Band
      ₹76–80
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1600
      Min amount
      ₹128,000
      Max amount
      ₹128,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      3200
      Min amount
      ₹256,000
      Max amount
      ₹256,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹12.21 Cr
      Shares offered
      1,564,744
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹3.66 Cr
      Shares offered
      469,423
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹8.54 Cr
      Shares offered
      1,095,320
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).