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S J Logistics (India) Limited

S J Logistics (India) Limited

smelisted
Registrar: Maashitla Securities Private Limited · Listing 2023-12-19
IPO Timeline
Today · 21 Oct 2026
Opens
12 Dec 2023
Closes
14 Dec 2023
Allotment
14 Dec 2023
Refund
18 Dec 2023
Demat
15 Dec 2023
Listing
19 Dec 2023
Price Band
₹121–125
GMP
₹0
0%
Lot Size
1000 Shares
Min ₹125,000
Subscription
0x
Issue Size
₹48 Cr
Open
2023-12-12
Close
2023-12-14
Listing
2023-12-19

About the company

## **About  S J Logistics (India) Limited** Incorporated in December 2003, S J Logistics (India) Limited  is engaged in the business of providing logistics and supply chain solutions to their customers. The key services include freight forwarding, custom clearance and transportation handling services. They are a Multimodal Transport Operator registered under the Multimodal Transportation of Goods Act 1993 to carry on the business of multimodal transportation. Since then, they have grown their presence, expanded the scope of the services, and increased their capabilities in the business of freight forwarding. They have over the years developed themselves and increased the ambit of their services covering services which includes multimodal transportation, regulatory compliance like custom clearance and other related services. They are also engaged in handling project cargo, which require detailed planning and technical experience. The project handling service includes providing solutions to meet specific customer requirements for the transport of oversized, over dimension’s cargo, critical or high value cargo such as power generating set, excavator, transmission tower etc. from one location to another using multiple modes of transport. The transport of oversized, over dimension’s cargo, critical or high value cargo’s are generally handled on a turnkey contract basis. The company operates from the registered office situated at Thane and their international logistics operations are supported by a network of partners and vendors that enables them to service client requirements across India and abroad as well. They deliver international logistic services by using air, sea and surface, as modes of transportation. The regulatory compliance services include customs clearance which is undertaken through mutual understanding with their network and connection formed over years. Further, they can issue House bill of lading for the consignments moving from India to Brazil through their agency arrangements which provides an additional layer of security to their customers for their goods moving from India to these countries. S J Logistics (India) Limited is set to debut its initial public offering (IPO). The proceeds generated from the Fresh Issue will be allocated towards the following objectives. 1. Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company  1. To meet working capital requirements; 1. General Corporate Purpose Here are key details about the S J Logistics (India) Limited IPO: Company Name| **S J Logistics (India) Limited Limited**|  | S J Logistics (India) Limited IPO Opening Date| **December 12, 2023** ---|---|---|---|--- Company Incorporated On|**2003**S J Logistics (India) Limited IPO Price band|**₹121 to ₹125 per share**

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 21 Oct 2026
      Listed
      Listed on 19 Dec 2023
      Listed 1037 days ago
      1. IPO Opens

        Completed
        12 Dec 2023

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        14 Dec 2023

        Last day to place your bid

      3. Basis of Allotment

        Completed
        14 Dec 2023

        Share allotment finalised

      4. Refund Initiation

        Completed
        18 Dec 2023

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        15 Dec 2023

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        19 Dec 2023

        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
      1000 shares
      Price / Share (upper)
      ₹125
      Min Investment (1 lot)
      ₹125,000
      Price Band
      ₹121–125
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1000
      Min amount
      ₹125,000
      Max amount
      ₹125,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      2000
      Min amount
      ₹250,000
      Max amount
      ₹250,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹24 Cr
      Shares offered
      1,951,220
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹7.2 Cr
      Shares offered
      585,366
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹16.8 Cr
      Shares offered
      1,365,854
      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).