SUCCESS
STORY II – TIGER LOGISTICS (INDIA) LIMITED
Today we are
sharing success story No. II of Tiger Logistics (India) Limited.
Tiger logistics
(India) Ltd. came out with an IPO on SME platform with a vision to create big
valuation and visibility.
The Profit of
the Company at the time of Listing was Rs. 3.39 Crores. . As per financials of
2016-17 it is around 10.29 crores.
Tiger Logistics
(India) Ltd. came into lime light when the logistics sector was booming.
Investments flowed in the Company as SME have the high growth potential.
The company gave
a return of 450% which was on a higher side compared to its main board listed
competitor Gati with a return of 400% during the same period.
Following table
indicates now companies’ profits and valuation of promoter stakes have
increased over a period of last 3 - 4 years.
Year
|
Turnover (₹ in crores)
|
Profit After Tax (₹ in crores)
|
Highest Price Per
share(₹)
|
Promoters stake
(No. of shares)
|
Wealth (₹ In crore)
|
2013-14
|
147.48
|
3.92
|
200.15
|
30,87,000
|
61.79
|
2014-15
|
245.82
|
5.78
|
375.00
|
30,87,000
|
115.76
|
2015-16
|
253.45
|
7.30
|
299.00
|
77,17,500
|
230.75
|
2016-17
|
298.05
|
10.29
|
304.00
|
77,17,500
|
234.61
|
*This Write up is
dated 3rd October, 2017
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