GConnect Logitech and Supply Chain Limited

Company Profile
Company Name GConnect Logitech and Supply Chain Limited
Open Date 26-03-2024
Close Date 28-03-2024
Exchange BSE SME
Lot Size 3000 Shares
Issue Price ₹40 per share
Issue Size 14,01,000 shares
Application Amount ₹1,20,000
Recommendation Avoid
GConnect Logitech and Supply Chain Limited was originally incorporated in the year 2022 and has its registered office in Bhavnagar, Gujarat, India. The company is engaged in the business of providing surface logistics services viz. goods transport services. The Company took over the running business of M/s. Prithvi Enterprise, the proprietorship concern. The range of services offered by the Company includes bulk load, Full Truck Load (FTL) service and dedicated load. The Company carries its logistics business with the primary focus being the state of Gujarat. As of March 19h, 2024, the Company had 6 employees on its payroll.
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Financial Summary in Lakhs

For the Period Ended Mar-21 Mar-22 Mar-23 Sep-23
Total Assets - - 82.45 423.25
Net Assets - - 77.51 398.15
Total Borrowings - - - -
Total Revenue - - 101.03 212.57
Profit After Tax - - 10.86 22.83

Tentative Timeline

Opening Date 26-03-2024
Closing Date 28-03-2024
Basis of Allotment 01-04-2024
Initiation of Refunds 02-04-2024
Credit of Shares to Demat 02-04-2024
Listing Date 03-04-2024

Objects of the Issue

Purchase of Vehicles and Body Building.
Finance the Website Development and Add Designing.
General corporate purposes.

Contact Information

Registered Office GConnect Logitech and Supply Chain Limited Shop No. 6, Sadguru Complex Nari Chowkadina Bhavnagar – 364 001
Phone +91 93777 74949
Email contact@gconnectlogitech.com
Website https://www.gconnectlogitech.com/

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000
Email Gconnect.ipo@kfintech.com
Website https://kosmic.kfintech.com/ipostatus/

IPO Reservation

Retail Shares Offered 50% of the Net Issue
Other Shares Offered 50% of the Net Issue

Shareholding Pattern

Share Holding Pre Issue (Promoters) 76.76%
Share Holding Post Issue (Promoters) 47.85%

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