
Services / Logistics · BSE
Cargotrans Maritime Limited, incorporated in 2012, is an international logistics solutions provider specializing in sea logistics services, including ocean freight forwarding (FCL and LCL), transportation, customs clearance, warehousing, and other value-added services. The company operates at four seaports in Gujarat—Mundra, Hazira, Kandla, and Pipavav—and maintains a fleet of nine owned commercial trailers for container transport, supplementing with third-party transport operators to meet customer shipping demands.
Price Band
₹45
Issue Size
₹4.86 Cr
Lot Size
3000 shares
GMP
+77.8%
Est. Listing
₹80
at current GMP
Subscribed
148.25x
overall
Open
27 Sep 2022
Close
29 Sep 2022
Allotment
4 Oct 2022
Refund
5 Oct 2022
Demat Credit
6 Oct 2022
Listing
10 Oct 2022
Overall Subscription
148.25x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 540,000 | — | 0.00x |
| Non-Institutional (NII / HNI) | 162,000 | — | 0.00x |
| Retail Individual (RII) | 378,000 | — | 0.00x |
| Total | 1,080,000 | 0 | 148.25x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 126 | 18,680 | 148.25x |
| HNIs (10L +) | 1 | 148 | 148.00x |
| HNIs (2-10L) | 4 | 593 | 148.25x |
| Total Applications | 131 | 19,421 | 148.25x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Cargotrans Maritime Limited is bringing an initial public offering (IPO) in the Services / Logistics sector with an aggregate issue size of ₹4.86 Crores. The shares are offered at a price band of ₹45 to ₹45 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2022-09-29, the basis of allotment is scheduled to be finalized on 2022-10-04. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Cargotrans Maritime Limited IPO is ₹35 per equity share. Based on the upper price band of ₹45 to ₹45 per equity share, the estimated listing price is ₹80 (+77.8% expected listing gain).
With a lot size of 3000 shares and current GMP of ₹35, the expected profit per application lot is approx ₹1,05,000 (+77.8% gain). Minimum application cost is approx ₹1,35,000.
The Cargotrans Maritime Limited IPO aggregate issue size is ₹4.86 Crores with an equity price band set at ₹45 to ₹45 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,35,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 148.25x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2022-10-04. Investors can verify status using PAN card or application number.
Cargotrans Maritime Limited shares are scheduled to list on BSE on 2022-10-10.