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Brace Port Logistics Ltd

Registered Office : A-182 Mahipalpur Extension 5,Road No 4 South Delhi,Mahipalpur Delhi 110037 Phone : 011-4172 9003
Fax :

Email : info@braceport-logistics.com

Website : www.braceport-logistics.com

Initial public offer of 30,51,200* equity shares of face value of Rs. 10/- each ("Equity Shares") of Brace Port Logistics Limited ("The Company" or "Company" or "Issuer") for cash at a price of Rs. 80/- per equity share (including a share premium of Rs. 70/- per equity share), aggregating to Rs. 24.41 crores** ("The Issue"). This issue includes a reservation of 1,55,200 equity shares aggregating to Rs. 1.24 crores (constituting up to 1.37 % of the post-issue paid up equity share capital of the company) for subscription by the market maker ("Market Maker Reservation Portion"). The issue less market maker reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.00 % and 25.63 % respectively of the fully diluted post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price of Rs. 80/- is 8.00 times of the face value of the equity shares.

Issue

Opens On

Closes On

19-Aug-2024

21-Aug-2024

Money Payable On

Application

Allotment

80.00

0.00

Minimum Application for shares in Nos : 1600.0 Further Multiples of : 1600.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

20.59

24.41

11.30

80.00

Holani Consultants Pvt Ltd

Projects

Funding the working capital requirement of the company

General corporate purposes

Promoted By

Yash Pal Sharma

Tarun Sharma

Sachin Arora

Listing At

NSE - SME

Registrar to the Issue

MUFG Intime India Pvt Ltd