Oneclick Logistics India IPO is a fixed price issue of Rs 9.91 crores. The issue is entirely a fresh issue of 10.01 lakh shares.
Oneclick Logistics India IPO bidding started from September 27, 2023 and ended on October 3, 2023. The allotment for Oneclick Logistics India IPO was finalized on Friday, October 6, 2023. Oneclick Logistics India IPO will list on NSE SME with tentative listing date fixed as Wednesday, October 11, 2023.
Oneclick Logistics India IPO price is ₹99 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹118,800. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹237,600.
Fedex Securities Pvt Ltd is the book running lead manager of the Oneclick Logistics India IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Oneclick Logistics India IPO is Ss Corporate Securities.
Refer to Oneclick Logistics India IPO RHP for detailed information.
Oneclick Logistics India IPO Details
| IPO Date | September 27, 2023 to October 3, 2023 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹99 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 1,000,800 shares (aggregating up to ₹9.91 Cr) |
| Fresh Issue | 1,000,800 shares (aggregating up to ₹9.91 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 2,603,000 |
| Share holding post issue | 3,603,800 |
| Market Maker portion | 52,800 shares Ss Corporate Securities |
Oneclick Logistics India IPO Reservation
Oneclick Logistics India IPO a total of 1,000,800 shares are offered. NII: 474,000 (47.36%), RII: 474,000 (47.36%).
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 52,800 (5.28%) |
| Other Shares Offered | 474,000 (47.36%) |
| Retail Shares Offered | 474,000 (47.36%) |
| Total Shares Offered | 1,000,800 (100%) |
Oneclick Logistics India IPO Timeline (Tentative Schedule)
Oneclick Logistics India IPO opens on September 27, 2023, and closes on October 3, 2023.
| IPO Open Date | Wednesday, September 27, 2023 |
| IPO Close Date | Tuesday, October 3, 2023 |
| Basis of Allotment | Friday, October 6, 2023 |
| Initiation of Refunds | Monday, October 9, 2023 |
| Credit of Shares to Demat | Tuesday, October 10, 2023 |
| Listing Date | Wednesday, October 11, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 3, 2023 |
Oneclick Logistics India IPO Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹118,800 |
| Retail (Max) | 1 | 1200 | ₹118,800 |
| HNI (Min) | 2 | 2,400 | ₹237,600 |
| Lot Size Calculator |
Oneclick Logistics India IPO Promoter Holding
Mr. Rajan Shivram Mote and Mr. Mahesh Liladhar Bhanushali are the company’s promoters.
| Share Holding Pre Issue | 93.00% |
| Share Holding Post Issue | 67.17% |
About Oneclick Logistics India Limited
Incorporated in 2017, Oneclick Logistics India Limited is an integrated logistics services and solutions provider.
The company’s service list can be broadly categorized as:
- Non-vessel operating common carrier (NVOCC).
- Ocean and air freight forwarding (Freight Forwarding).
- Bulk cargo handling (Bulk Cargo).
- Custom clearance.
- Allied logistics and transportation services.
Oneclick Logistics offers its customers a single-window solution thereby negating the need to approach multiple service providers at different levels in the chain of logistics services. The company’s services include container handling, clearing and forwarding, customs clearance, brake bulk handling, brokerage, recovery of all types of claims including customs and insurance, warehousing, distribution and supply chain management, port and terminal operations, and container freight station operations.
The company’s clientele comes from India, China, Europe, Singapore and Malaysia. The company operates in all major ports in India as well as private ports such as Nhava Sheva, Mundra, Delhi ICD, Pipavav, Chennai, and ICD Ahmedabad.
Company Financials
| Period Ended | 31 Mar 2020 | 31 Mar 2021 | 31 Mar 2022 |
| Assets | 446.41 | 489.41 | 997.97 |
| Revenue | 1,167.35 | 1,332.79 | 3,520.95 |
| Profit After Tax | 32.61 | 101.83 | 129.69 |
| Net Worth | 65.42 | 185.50 | 265.85 |
| Reserves and Surplus | 20.20 | 98.12 | 157.22 |
| Total Borrowing |
Amount in ₹ Lakhs
Key Performance Indicator
Oneclick Logistics India IPO Market Cap is Rs 35.68 Cr and P/E (x) is 0.51.
| KPI | Values |
|---|---|
| P/E (x) | 0.51 |
| Post P/E (x) | 24.3 |
| Market Cap (₹ Cr.) | 35.68 |
| ROE | 95.09% |
| ROCE | 27.00% |
| Debt/Equity | 9.43 |
| EPS (Rs) | 4.08 |
| RoNW | 95.09% |
Check Oneclick Logistics India IPO Peer Comparison here.
Objects of the Issue (Oneclick Logistics India IPO Objectives)
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
- Meeting incremental working capital requirements.
- General corporate purposes.
Oneclick Logistics India IPO Review (Avoid)
[Dilip Davda] The company is providing integrated logistics services with third-party contracts. It has posted an average performance as a partnership firm. For FY23 as a public limited entity, it has a working of just 108 days. Based on annualized FY23 earnings, the issue is exorbitantly priced. A tiny post-IPO equity base indicates a longer duration for migration to the mainboard. Simply stay away from this pricey “High-risk/No-return” offer. Read detail review…
Oneclick Logistics India IPO Subscription Status (Bidding Detail)
The Oneclick Logistics India IPO is subscribed 185.21 times on Oct 3, 2023 7:30:00 PM. The public issue subscribed 224.19 times in the retail category, times in the QIB category, and 139.45 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 139.45 |
| Retail | 224.19 |
| Total | 185.21 |
Total Application : 88,554 (224.19 times)
Oneclick Logistics India IPO Contact Details
Oneclick Logistics India Limited
511, 5th Floor, Goldcrest Business Park,
LBS Marg, Opp Shreyes Cinema,
Ghatkopar West, Mumbai – 400086
Phone: 022 2500 1717
Email: compliance@1click.co.in
Website: https://www.1click.co.in/
Oneclick Logistics India IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html