Brace Port Logistics Limited
ListedSMETransportation & Logistics · NSE
Brace Port Logistics Limited, founded in November 2020, is a growing logistics service provider offering ocean and air freight, warehousing, special cargo handling, and customs clearance. Serving industries like medical supplies, pharmaceuticals, and electronics, the company operates globally with a strong presence in Germany, Vietnam, UAE, Hong Kong, and Bangladesh. Focused on quality and safety, Brace Port holds ISO certifications for quality management, environmental management, and occupational health and safety. With a dedicated team of 20 employees, the company continues to expand its operations and global reach.
Price Band
₹76 – ₹80
Issue Size
₹24.41 Cr
Lot Size
1600 shares
GMP
₹116
+145.0%
Est. Listing
₹196
at current GMP
Subscribed
657.87x
overall
Open
19 Aug 2024
Close
21 Aug 2024
Allotment
22 Aug 2024
Refund
23 Aug 2024
Demat Credit
24 Aug 2024
Listing
26 Aug 2024
Last updated 12 days ago
Overall Subscription
657.87x
Total Demand
QIB Multiplier
450.04x
Institutions & Funds
NII / HNI
854.68x
High Net-Worth
Retail (RII)
588.74x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 358,400 | 161,292,800 | 450.04x |
| NIB | 800,000 | 683,744,000 | 854.68x |
| RETAIL | 1,200,000 | 706,489,600 | 588.74x |
| Total | 2,358,400 | 1,551,526,400 | 657.87x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 667 | 392,690 | 588.74x |
| HNIs (10L +) | 4 | 3,419 | 854.68x |
| HNIs (2-10L) | 20 | 17,094 | 854.68x |
| Total Applications | 691 | 413,203 | 597.98x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Brace Port Logistics Limited Public Issue & Market Profile
Brace Port Logistics Limited is bringing an initial public offering (IPO) in the Transportation & Logistics sector with an aggregate issue size of ₹24.41 Crores. The shares are offered at a price band of ₹76 to ₹80 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,28,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment Reconciliation Schedule:
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-08-24, while un-allotted funds or UPI block mandates will be released on 2024-08-23.
Frequently Asked Questions
What is Brace Port Logistics Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Brace Port Logistics Limited IPO is ₹116 per equity share. Based on the upper price band of ₹76 to ₹80 per equity share, the estimated listing price is ₹196 (+145.0% expected listing gain).
What is the expected profit per lot for Brace Port Logistics Limited IPO?
With a lot size of 1600 shares and current GMP of ₹116, the expected profit per application lot is approx ₹1,85,600 (+145.0% gain). Minimum application cost is approx ₹1,28,000.
What is the issue size and price band for Brace Port Logistics Limited IPO?
The Brace Port Logistics Limited IPO aggregate issue size is ₹24.41 Crores with an equity price band set at ₹76 to ₹80 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,28,000.
How can I check Brace Port Logistics Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 657.87x (Retail: 588.74x, QIB: 450.04x, NII: 854.68x). You can track live multiples directly on our dedicated subscription page.
Where and when will Brace Port Logistics Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2024-08-22. Investors can verify status using PAN card or application number.
When is the listing date for Brace Port Logistics Limited IPO?
Brace Port Logistics Limited shares are scheduled to list on NSE on 2024-08-26.