Oneclick Logistics IPO

Oneclick Logistics India Limited

₹1,18,800 /1200 sharesMinimum Investment

Oneclick Logistics IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
NSE₹99.00₹140.00₹41.00 (41.41%)

Oneclick Logistics IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
27 Sep ‘23 - 3 Oct ‘23₹1,18,8001,200₹99 - ₹99
Issue SizeIPO Doc
9.91Cr
RHP PDF

About Oneclick Logistics

Oneclick Logistics is an integrated provider of logistics solutions and services. Their offerings can be categorized into five main areas: Non-vessel operating common carrier (NVOCC) Ocean and air freight forwarding Bulk cargo handling Custom clearance, facilitated through arrangements with licensed Custom House Agents Allied logistics and transportation services Their services encompass container handling, clearing and forwarding, customs clearance, brake bulk handling and brokerage, claims recovery (including custom and insurance claims), warehousing, distribution, supply chain management, port and terminal operations, and container freight station operations. Oneclick Logistics primarily serves importers in India, with a focus on facilitating the import of goods from countries such as China, Europe, Singapore, and Malaysia. They have established agency partnerships in these regions to ensure service delivery.;
Parent Organisation
Oneclick Logistics India Limited
Founded
2022
Managing Director
Mr. Mahesh Liladhar Bhanushali

Strengths & Risks

  • Oneclick Logistics is a comprehensive logistics provider, offering a wide range of services to cater to all customer needs. Alongside standard logistics solutions, they offer value-added services to enhance customer satisfaction.
  • Their diverse clientele spans various sectors such as automotive, heavy engineering, telecom, food, agriculture, fast-moving consumer goods (FMCG), and paint.
  • Oneclick Logistics specializes in both air and sea freight forwarding services. Between December 14, 2022, and March 31, 2023, freight forwarding accounted for 84.76% of their total revenue.
  • Operating in all major Indian ports, including private ones like Nhava Sheva, Mundra, Delhi ICD, Pipavav, Chennai, and ICD Ahmedabad, they have served a substantial 627 customers.
  • For the period ending on March 31, 2023, their NVOCC, Freight Forwarding (FCL), Freight Forwarding (Air), and Bulk Cargo divisions handled 7424 throughput TEUs, 28481 cubic meters, 25 brake bulk shipments, and 650 custom clearances.
  • Oneclick Logistics operates as an asset-light third-party logistics company, which exposes it to potential risks and delivery delays while reporting specific events.
  • The success of their freight forwarding business relies on a network of international agents to meet customer logistics needs. Failing to maintain these agent relationships or experiencing shortcomings in their services could negatively impact the company's earnings and overall profitability.
  • The company's heavy reliance on third-party vendors presents a potential risk to its financial stability and operational results. In the period ending March 31, 2023, their top 10 vendors accounted for 35.59% of total purchases.
  • Similarly, the majority of the company’s revenue for the period ending March 31, 2023, came from its top 10 customers. The potential loss of business from one or more of these clients could adversely affect revenue and profitability. The top 10 and top 5 customers contributed 56.57% and 42.03% of the company's revenues, respectively.
  • The company is also susceptible to risks associated with fluctuations in currency exchange rates.
  • Oneclick Logistics does not verify the contents of the parcels it transports, which exposes it to the risks associated with transporting goods that may violate applicable regulations.
  • The company has obtained unsecured loans from parties other than traditional banks and financial institutions. These loans are repayable upon demand.
  • The company is currently involved in certain legal proceedings and may incur liabilities as a result of these legal matters.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular99 - 99₹2 Lakh
High Networth Individual99 - 99₹2 - 5 Lakh
For Oneclick Logistics IPO, eligible investors can apply as Regular.
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