12 Companies from the LOGISTIC sector raise ₹117.68 crores
Logistics,
Shipping, Transportation etc. are among the flourishing sectors in India. The
same is also reflected in the IPO market.
In the
last two years, 12 Companies* in the logistics sector have raised total funds
of ₹117.68 Crores by way of IPO.
Total
market capitalization of these companies is ₹1119.94 Crores
Highest
profit earned, in this sector, of ₹5.12
Crores is by Maheshwari Logistics Limited.
Total
Transport Systems Ltd. came out with an IPO with an issue size of ₹17 Crores
and the issue was oversubscribed by 20.17 times which is a record in itself
Recently,
Tara Chand Logistic Solutions Ltd came out with an IPO with an issue size of ₹20.46
Crores
To sum
up, companies from the logistics sector have great scope to raise funds via
IPO. This is an opportune time for such companies to unlock value by coming out
with an IPO.
*This
write up is dated 8th March, 2018
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