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01 Nov, 2025
GConnect Logitech IPO
GConnect Logitech and Supply Chain Limited has announced its Initial Public Offering (IPO) with a fixed price issue aimed at raising Rs 5.60 crores. This IPO represents an entirely fresh issue of 14.01 lakh shares, marking an essential phase in the company's growth strategy. The following detailed tables organize all the critical information about the GConnect Logitech IPO for clarity.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
GConnect Logitech IPO
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
GConnect Logitech IPO Details
| Detail | Description |
|---|---|
| IPO Open Date | March 26, 2024 |
| IPO Close Date | March 28, 2024 |
| Listing Date | April 3, 2024 (Tentative) |
| Issue Type | Fixed Price Issue IPO |
| Price Per Share | ₹40 |
| Lot Size | 3000 Shares |
| Issue Size | 1,401,000 shares (Aggregating up to ₹5.60 Cr) |
| Issue Listing | BSE SME |
| Book Running Lead Manager | Fedex Securities Pvt Ltd |
| Registrar | Kfin Technologies Limited |
| Market Maker | Aftertrade Share Broking |
GConnect Logitech IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | March 26, 2024 |
| IPO Close Date | March 28, 2024 |
| Basis of Allotment | April 1, 2024 |
| Initiation of Refunds | April 2, 2024 |
| Credit of Shares to Demat | April 2, 2024 |
| Listing Date | April 3, 2024 |
GConnect Logitech IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹120,000 |
| Retail (Max) | 1 | 3000 | ₹120,000 |
| HNI (Min) | 2 | 6000 | ₹240,000 |
GConnect Logitech IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| - | - |
Competitive Strength:
- -
GConnect Logitech IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| Market Capitalization | Rs 14.88 Cr |
| ROE | 5.73% |
| ROCE | 7.67% |
| RoNW | 5.73% |
| P/BV | 2.33 |
| PAT Margin (%) | 2.33 |
| PAT Margin (%) | 11.22% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | ||
| P/E (x) |
Objectives of the Issue
The proceeds from the IPO are intended for
- 1. Purchase of Vehicles and Body Building.
- 2. Finance the Website Development and App Designing.
- 3. General Corporate Purpose.
GConnect Logitech IPO Review
Analyst Dilip Davda advises caution with the GConnect Logitech IPO, highlighting its operation in a highly competitive and fragmented logistic segment. The reliance on third-party vehicles and the exorbitantly priced issue based on FY24 annualized earnings are points of concern. Potential investors may consider skipping this IPO due to its pricing and the business model's inherent risks.
This comprehensive overview encapsulates essential details about the GConnect Logitech IPO, offering potential investors a structured insight into the company's financial trajectory, market prospects, and strategic use of the funds raised through the IPO.
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Frequently asked Questions (FAQs )
-
What is the GConnect Logitech IPO?
GConnect Logitech IPO is a fixed price issue aimed at raising Rs 5.60 crores through a fresh issue of 14.01 lakh shares at a price of ₹40 per share.
-
When does the GConnect Logitech IPO open and close?
The IPO opens on March 26, 2024, and closes on March 28, 2024.
-
What is the listing date for GConnect Logitech IPO?
The tentative listing date is April 3, 2024, on the BSE SME platform.
-
What is the price per share for the GConnect Logitech IPO?
The tentative listing date is April 3, 2024, on the BSE SME platform.
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