What is the issue size of Committed Cargo Care IPO?

The issue size of the Committed Cargo Care IPO is Rs 24.98 cr

What is 'pre-apply' for Committed Cargo Care IPO?

Pre-apply will alow you to apply for the Committed Cargo Care IPO 2 days before the subscription period starts.

If I pre-apply for Committed Cargo Care IPO, when will my order get placed?

Your order will be placed on the exchange as soon as the Committed Cargo Care IPO bidding starts. You will receive a UPI request within 24 hours after the bidding period opens.

When will I know if my Committed Cargo Care IPO order is placed?

We will notify you when your Committed Cargo Care IPO order is placed with the exchange.

What are the open and close dates of the for Committed Cargo Care IPO?

Committed Cargo Care IPO will be open between 6 Oct - 10 Oct, 2023.

What is the lot size and minimum order quantity of the Committed Cargo Care IPO?

Committed Cargo Care Limited IPO lot size is 1600 shares.

What are the allotment dates for the Committed Cargo Care IPO?

Committed Cargo Care IPO allotment date is 13 Oct, 2023. For Committed Cargo Care IPO allotment status check, you can visit the website of the registrar of the IPO.

Who is the registrar of Committed Cargo Care IPO?

Committed Cargo Care IPO registrar is Bigshare Services Pvt Ltd. You can check Committed Cargo Care IPO allotment status on the website of the registrar.

Where is the Committed Cargo Care IPO getting listed?

The shares are proposed to be listed on NSE SME.

Committed Cargo Care IPO

Committed Cargo Care Limited

₹1,23,200 /1600 sharesMinimum Investment

Committed Cargo Care IPO Listing DetailsListed OnIssue Price
NSE₹77.00
Committed Cargo Care IPO DetailsBidding DatesMin. InvestmentLot SizePrice Range
6 Oct ‘23 - 10 Oct ‘23₹1,23,2001,600₹77 - ₹77
Issue SizeIPO Doc
24.98CrRHP PDF
About Committed Cargo CareIncorporated in 1988, Committed Cargo Care offers specialised 3PL (Third Party Logistics) solutions. It focuses on handling import and export cargo and offering comprehensive services to its clients. The company has established its main centres in Delhi, Mumbai, Chennai, Jaipur, Ludhiana, and Agra.
The company's range of services covers various aspects of integrated logistics. These include cargo management solutions, order management, international freight management, customs and cross-border movements, and heavy and over-dimensional cargo transportation. They can handle various tasks, such as packaging, warehousing, freight forwarding, and customs clearance for export and import cargo, including commercial and diplomatic consignments.
Additionally, they offer special services and forwarding solutions via air, courier, sea, and road, catering to clients' needs anywhere around the globe. The company serves clients from various industries across India, including automotive, heavy engineering, telecom, food and agro, FMCG, paint, handicrafts, ecommerce, garments, pharma, and dairy.;
Parent Organisation
Committed Cargo Care Limited
Founded
1998
Managing Director
Mr. Rajeev Sharma
Strengths & Risks
Their 4PL solution and supply chain management lead to a 10% to 15% reduction in transportation costs and cost improvement for fleets, as per the company.
As an IATA-licensed air cargo agent, the company provides competitive air freight rates for export and import shipments to and from India.
The company has been recognised as an Active Member of The Air Cargo Agents Association of India in 2021-22. 
They have also received the Certificate of Accreditation from the International Air Transport Association, allowing them to promote, sell, and handle international air cargo transportation.
The company has been acknowledged for its compliance with the WCO's SAFE Framework of Standards, earning certification as an approved Individual Member of the International Federation of Freight Forwarders Associations for 2022.
The company, its promoters, and its directors are currently facing legal proceedings, which could potentially have significant negative consequences for the company.
The company relies on obtaining various statutory and regulatory approvals. Failure to promptly acquire, maintain, or renew these approvals may adversely affect the company's operations.
The company's revenues heavily rely on its top 10 customers, with contributions of approximately 14.09%, 5.57%, 8.01%, and 10.43% in recent years. Any loss of business from these customers could lead to a decline in revenues and profitability.
Increases in carrier, labor, or other operating costs may negatively impact the company's profitability.
As the company is involved in the clearance and transportation of hazardous goods, any accidents related to these goods could lead to liability for damages and subsequent legal actions.
The company has no long-term contracts with shipping lines, transporters, or customs clearance agents, which may adversely affect its operations.
There is a risk that the company may not be able to deliver cargo on time, which could result in customer claims, negative publicity, and substantial costs due to service deficiencies.
It is crucial to maintain the required storage standards for perishable products stored in their warehouse or during transportation. Failure to do so could negatively affect the company's business.
The company is also involved in heavy lift transportation, and any failure to identify efficient transportation methods or obtain necessary permissions could adversely affect its operations and profitability.
In the past, the company has experienced negative cash flows.
Financials
*All values are in Rs. Cr
No Graph Data To Display
Application detailsApply asPrice bandApply upto
Regular₹77 - 77₹2 Lakh
High Networth Individual₹77 - 77₹2 - 5 Lakh
For Committed Cargo Care IPO, eligible investors can apply as Regular.

Listed On	Issue Price
NSE	₹77.00

Bidding Dates	Min. Investment	Lot Size	Price Range
6 Oct ‘23 - 10 Oct ‘23	₹1,23,200	1,600	₹77 - ₹77

Issue Size	IPO Doc
24.98Cr	RHP PDF

Apply as	Price band	Apply upto
Regular	₹77 - 77	₹2 Lakh
High Networth Individual	₹77 - 77	₹2 - 5 Lakh

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