Brace Port Logistics IPO: Test Allotment Standing And Itemizing Date

The intial public providing of Brace Port Logistics Restricted obtained a tremondous response from the buyers as the difficulty was subscribed 657.81 instances on the ultimate day of bidding with curiosity from all investor classes.

• Certified Establishments subscribed: 450.04 instances.

• Non-institutional consumers subscribed: 854.49 instances.

• Retail Traders subscribed: 588.74 instances.

The allotment for Brace Port Logistics IPO can be finalised on Thursday, August 22. Traders can verify Brace Port Logistics IPO allotment standing on the registrar’s web site. Observe the steps talked about beneath to verify your share allotment standing when the allotment course of is finalised.

The best way to verify Brace Port Logistics IPO allotment standing on Hyperlink Intime India?

• Go to the official web site of Hyperlink Intime India right here: https://linkintime.co.in/Initial_Offer/public-issues.html.

• Select “Brace Port Logistics Restricted” from the record of firms within the dropdown. (The identify can be displayed as soon as the share allocation is finalised)

• Choose both PAN, Software Quantity, DP/Shopper ID or Account Quantity/IFSC to confirm your allotment standing.

• Enter the required data as per your choice above.

• Click on the “Submit” button to verify your allotment standing.

Brace Port Logistics IPO Itemizing Date

The shares of Brace Port Logistics Restricted are set to be listed on NSE SME on Monday, August 26.

About Brace Port Logistics IPO

Brace Port Logistics Ltd. launched its preliminary public providing on Monday, providing a recent difficulty of 30.51 lakh shares price Rs 24.41 crores. The IPO worth band was set between Rs 76 and Rs 80 per share. The SME IPO was subscribed 156.24 instances on Day 2, and 52.27 instances on Day 1.

The minimal lot measurement for retail buyers was 1,600 shares, requiring a minimal funding of Rs 128,000. Excessive-net-worth people wanted to use for at least 3,200 shares, amounting to Rs 256,000.

Holani Consultants Personal Ltd. served because the book-running lead supervisor, whereas Hyperlink Intime India Personal Ltd is the registrar for the difficulty. Holani Consultants can even act because the market maker.

About Brace Port Logistics Restricted

Based in November 2020, Brace Port Logistics Ltd. presents a variety of ocean cargo logistics providers tailor-made to varied industries. Along with ocean freight, the corporate supplies air freight, warehousing, particular cargo dealing with, and customs clearance providers. Its community spans a number of international locations, together with Germany, Vietnam, UAE, Hong Kong, and Bangladesh, serving sectors equivalent to medical provides, prescription drugs, sports activities items, perishables, electronics, shopper durables, and automotive.

. Learn extra on IPOs by NDTV Revenue.