Allcargo Global Logistics IPO
Allcargo Global Logistics IPO — date, price band, lot size & details 2006
Allcargo Global Logistics listed on 23 Jun 2006 at ₹665, 1.5% below the ₹675 issue price.
Allcargo Global Logistics is a multimodal transport operator and less than container load consolidator that also runs container freight stations. Its total income was Rs 232.19 crore in FY2005.
Stock price
Allcargo Global Logistics is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 12 November.
- Open 01 Jun 2006
- Close 06 Jun 2006
- Allotment 14 Jun 2006
- Refund/credit TBA
- Listing 23 Jun 2006
Issue summary
The terms of the offer, as filed.
| IPO Dates | 1 to 6 Jun, 2006 |
|---|---|
| Price Band | ₹625 – ₹725 |
| Face Value | ₹10 |
| Lot Size | 9 Shares |
| Issue Size | ₹140.33 Cr |
| Sale Type | Fresh capital only |
| Listing On | BSE, NSE |
| Registrar | MUFG Intime India Private Limited |
| Min Investment | ₹ 6,075 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 9 shares at the ₹675 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 9 | ₹6,075 |
| Retail (max) | 32 | 288 | ₹1,94,400 |
| S-HNI (min) | 33 | 297 | ₹2,00,475 |
| S-HNI (max) | 164 | 1,476 | ₹9,96,300 |
| B-HNI (min) | 165 | 1,485 | ₹10,02,375 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 5
- 01It had a presence across 26 locations in India and coverage of over 4000 destinations abroad.
- 02Total income rose from Rs 149.50 crore in FY2004 to Rs 232.19 crore in FY2005.
- 03Profit after tax rose from Rs 5.89 crore in FY2004 to Rs 24.88 crore in FY2005, and was Rs 36.99 crore in nine months to December 2005.
- 04Net worth rose from Rs 15.84 crore in FY2004 to Rs 78.81 crore on 31 December 2005.
- 05Rs 79.78 crore of the issue was for new freight stations and depots in Chennai, Mundra and NCR.
Risks · 5
- 01Its business depends on India's export and import volumes; it had built its multimodal business since starting MTO in 1998.
- 02Rs 43.59 crore of the issue was for general purposes including acquisitions not yet named.
- 03New freight stations take time to fill; it had over 320 employees and around 60 contract labourers.
- 04Freight forwarding is competitive, with low entry barriers for smaller agents; total income was Rs 204.12 crore in nine months to December 2005.
- 05The promoter group held 88.7% before the issue and 79.60% after it.
Three years of numbers
All figures in ₹ crore, as reported in the Allcargo Global Logistics offer document.
| Metric | 31 Dec 2005 | 31 Mar 2005 | 31 Mar 2004 |
|---|---|---|---|
| Assets | - | - | 51.16 |
| Total Income | 204.12 | 232.19 | 149.50 |
| Profit After Tax | 36.99 | 24.88 | 5.89 |
| NET Worth | 78.81 | 39.15 | 15.84 |
| Reserves and Surplus | 17.46 | 10.50 | 10.00 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Allcargo Global Logistics RHP.
Where the money goes
₹148.89 Cr of the issue is earmarked to named objects.
About the company
It is a logistics company in multimodal transport operations, which it started in 1998, container freight stations and project cargo. It was one of the leading less than container load (LCL) consolidators in India.
It had a presence across 26 locations in India through branches and franchisees and coverage of over 4000 destinations abroad through tie-ups and agents, with over 320 employees.
The IPO was Rs 140.33 crore and was entirely a fresh issue at Rs 675, within the Rs 625 to Rs 725 band. The money was for new container freight stations and inland container depots in Chennai, Mundra and NCR, repaying a loan and acquisitions.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
The bankers & the filings
Who is running the book, and the documents this page is built from.
Allcargo Global Logistics IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Axis Capital
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Inga Ventures Pvt. Ltd
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HSBC InvestDirect Securities (India) Ltd
24 issues handledBest listing: Dishman Pharmaceuticals & Chemicals (+97.1%). Weakest: Bannari Amman Spinning Mills (-25.2%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Allcargo Global Logistics?
The current Grey Market Premium is ₹0.
What is the Allcargo Global Logistics IPO price band?
₹625 to ₹725, on a face value of ₹10.
When is the allotment?
The basis of allotment is 14 June 2006, with listing on 23 June 2006.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — MUFG Intime India Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
