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Sunsky Logistics Ltd

LogisticsIPOSME
₹46 - 46
₹46 - 46

Our Company is engaged in the business of integrated logistics solutions. We are involved in the management and coordination of the movement of materials or finished goods throughout the supply chain, from the point of origin to the destination. We provide third party logistics services which is popularly known as "3PL" services. "3PL" services comprise freight forwarding, cargo handling, door-to-door distribution, multi-transport operator, and customs clearance services. It encompasses local transportation at the billing end; freight services and custom clearance to again transportation to enable goods reach the destination.

Lot3,000Min Invest₹2,76,000Face Value₹2Issue Size₹17 CrFresh Issue₹17 CrListing Price₹51CMP₹41

Timeline

30 Sept
Bidding opens
3 Oct
Bidding closes
6 Oct
Allotment
7 Oct
Refund & demat credit
8 Oct
Listing

Subscription

Subscription opens once dates are announced

Reports

Offer Details

Terms

Issue Size₹17 Cr0.37 Cr shares
Fresh Issue₹17 Cr
Face Value₹2
Lot Size3,000 shares
ReservationNII 49.74% · RETAIL 50.26%

Application Sizes

Retail₹2,76,0001-1 lots
sNII₹2,76,000from 2 lots
bNII₹11,04,000from 8 lots

Managers & Registrar

Lead ManagerNirbhay Capital Services Pvt Ltd
RegistrarKFin Techologies Ltd

Ownership & Proceeds

Shareholding

CategoryPre IPOPost IPOPromoter Group95%67.05%Public5%32.95%

Objects of the Issue

  1. Purchase of Flatbed Trailers
  2. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company.
  3. To meet the working capital requirement
  4. General Corporate Purpose

Financials

Profit & Loss

Financial YearFY22FY23FY24FY25FY26
RevenueCr2219152225
Operating ProfitCr01245
OPM%1.42.913.216.818.0
PBTCr00234
PATCr00133
EPS5830133

Balance Sheet

Financial YearFY22FY23FY24FY25FY26
Equity CapitalCr00022
ReservesCr012320
BorrowingsCr112214
Total AssetsCr235840

Cash Flow

Financial YearFY22FY23FY24FY25FY26
Operating Cash FlowCr-001-4
Investing Cash FlowCr-0-10-21
Financing Cash FlowCr-00027
Net Cash FlowCr-0011

Strengths & Risks

Strengths · as stated in the DRHP
  • Strong relationship with diverse customer base.
  • Wide range of logistics services and solutions.
  • Existing agency network and arrangements.
  • Strong knowledge and expertise of our promoter.
Strategies · as stated in the DRHP
  • Strengthening existing services.
  • Enhance customer base by entering new geographic.
  • Deployment of fleets (vehicles).
  • Development of End-to-End Supply Chain Management - 5PL (Fifth Party Logistics).
  • Accreditation with International Air Transport Association (IATA) Cargo Agent.
  • Development of association with Shipping Line Companies.
Show all 7 strategies
Risks · as stated in the DRHP
  • A substantial portion of the company's revenue is generated from certain key customers, and the loss of one or more such customers, the deterioration of their financial condition or prospects, or a reduction in their demand for its services could adversely affect the company's business, results of operations, financial condition and cash flows.
  • Any adverse developments affecting trade volumes and freight rates may have an adverse effect on the company's business, results of operations, and financial condition.
  • The company's business operations are mainly concentrated in Gujarat region, and any adverse developments affecting its operations in this region could have an adverse impact on the company's revenue and results of the operations.
  • The company's Registered Office is not owned by the company's. The same is occupied by it on a leave and license basis. Disruption of its rights as licensee or termination of the agreements with the company's licensor would adversely impact itsoperations and, consequently, the company's business.
  • The company used the trademark under the License Agreement executed between Akash A Shah, a promoter, and the Company, but the promoter also does not own the trademark legally. The company may be unable to adequately protect intellectual property. Furthermore, the company may be subject to claims alleging a breach of third-party intellectual property rights.
  • The company's Contingent Liability and Commitments could affect its financial position.
Show all 60 risks