
Services / Logistics · BSE
Incorporated in 2003, Cargosol Logistics Limited is a full-service 3PL provider offering end-to-end logistics and supply chain solutions, including multimodal transport operations, container operations, sea and air freight, transportation, warehousing, customs clearance and project cargo handling. The company also provides NVOCC services across regions such as the Indian Subcontinent, Middle East, Upper Gulf, Southeast Asia and parts of Europe through strategic slot arrangements with feeder and mainline operators. Headquartered in Mumbai, Cargosol has a strong presence in Kalamboli, Pune, New Delhi and Chennai, along with a well-connected warehouse in Thane serving key manufacturing and consumption clusters. Its diverse customer base spans sectors like automotive, heavy engineering, telecom, FMCG, food, agro, paint and dairy. The company reported revenues of Rs. 135.17 crore for the period ending December 31, 2021, and Rs. 103.59 crore, Rs. 64.12 crore and Rs. 55.90 crore for FY 2021, 2020 and 2019 respectively.
Price Band
₹28
Issue Size
₹7.56 Cr
Lot Size
4000 shares
GMP
+35.7%
Est. Listing
₹38
at current GMP
Subscribed
55.43x
overall
Open
20 Sep 2022
Close
30 Sep 2022
Allotment
6 Oct 2022
Refund
7 Oct 2022
Demat Credit
8 Oct 2022
Listing
10 Oct 2022
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹28
Band: ₹28
Estimated Listing Price
₹38
Upper price + GMP
Lot Size
4000 shares
Min investment ₹1,12,000
Estimated Profit / Lot
₹40,000
4000 × ₹10
Grey Market Premium trend
+₹10
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹10 | 35.7% | ₹38 |
| 30 Oct 2026 | +₹10 | 35.7% | ₹38 |
| 29 Oct 2026 | +₹9 | 32.1% | ₹37 |
GMP is unofficial market data. Not a guarantee of listing performance.
Cargosol Logistics Limited is bringing an initial public offering (IPO) in the Services / Logistics sector with an aggregate issue size of ₹7.56 Crores. The shares are offered at a price band of ₹28 to ₹28 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 4000 shares (approx. ₹1,12,000 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 will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-10-08, while un-allotted funds or UPI block mandates will be released on 2022-10-07.
The latest grey market premium for Cargosol Logistics Limited IPO is ₹10, which indicates an expected listing price of ₹38.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.