S J Logistics IPO GMP: S J Logistics Limited GMP Price Today Trend

S J Logistics IPO GMP: The Indian stock market is abuzz with the upcoming Initial Public Offering (IPO) of S J Logistics, a company that specializes in logistics and supply chain solutions. IPOs are often seen as opportunities for investors to buy shares of a company at an early stage and potentially benefit from its growth. To gauge the market’s sentiment and potential listing price, investors often look at the Grey Market Premium (GMP). In this blog, we will delve into the details of S J Logistics IPO GMP and provide insights into the company itself.

Also See: All IPO GMP Today

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S J Logistics IPO GMP

Grey Market Premium (GMP) is the price at which an IPO is traded unofficially in the grey market before its official listing on a stock exchange. It serves as a crucial indicator of market sentiment and helps investors gauge the potential listing price of the IPO. Let’s take a look at the recent GMP movements for S J Logistics IPO: [Last Updated: 19 Dec, 2023; 11:05]

GMP DateIPO PriceGMPSub2 Sauda RateEstimated Listing Price
19-12-2023₹125.00₹10882100₹233 (86.40%))
18-12-2023₹125.00₹10882100₹233 (86.40%))
17-12-2023₹125.00₹12091200₹245 (96.00%)
16-12-2023₹125.00₹12091200₹245 (96.00%)
15-12-2023₹125.00₹12091200₹245 (96.00%)
14-12-2023₹125.00₹12091200₹245 (96.00%)
13-12-2023₹125.00₹12595000₹250 (100.00%)
12-12-2023₹125.00₹12595000₹250 (100.00%)
11-12-2023₹125.00₹10579800₹230 (84.00%)
10-12-2023₹125.00₹10076000₹225 (80.00%)
09-12-2023₹125.00₹10076000₹225 (80.00%)
08-12-2023₹125.00₹85 64600₹210 (68.00%)
07-12-2023₹125.00₹75 57000₹200 (60.00%)
06-12-2023₹125.00₹50 38000₹175 (40%)
05-12-2023NA₹40₹40 (%)
04-12-2023NA₹40₹40 (%)
03-12-2023₹0 ₹ (0%)

The GMP for S J Logistics IPO has seen fluctuations, indicating the market’s reaction to the IPO. A positive GMP typically suggests that investors are willing to pay a premium for the shares, while a negative GMP may indicate lower demand. However, it’s essential to remember that Grey Market Premium (GMP) is subject to extreme volatility and should not be the sole basis for investment decisions.

Also Read: Announced IPOs: Upcoming Big IPOs in India 2024

About S J Logistics

S J Logistics is a company engaged in providing logistics and supply chain solutions to its customers. Its services encompass a wide range of offerings, including freight forwarding, custom clearance, and transportation handling. Additionally, the company specializes in cargo project handling services, particularly for oversized and high-value cargo.

Some key highlights about S J Logistics:

  • In 2023, the company processed 3100 bills of lading for customers in various countries, including African, South American, Australian, Bangladeshi, European, Gulf, Southeast Asian, Russian, and American markets.
  • S J Logistics has entered into agency agreements with several countries, such as Ecuador, Brazil, Chile, Peru, the United States of America, Paraguay, Bolivia, Hong Kong, China, Taiwan, and Vietnam.
  • The company serves a diverse customer base, with over 150 customers across various industries, including textiles, pharmaceuticals, automobiles, heavy engineering, power transmission, iron and steel, among others.
  • S J Logistics boasts a long-standing business track record and is backed by experienced promoters with over 33 years of experience in the logistics industry.

Also Read: Upcoming IPOs in December Set to Make Waves in the Market

S J Logistics SME IPO Details

  • Incorporation Year: 2003
  • Sector: Logistics
  • IPO Issue Size: ₹48.00 Crores
  • Website: S J Logistics

S J Logistics SME IPO Dates

  • SME IPO Open Date: 12-12-2023
  • SME IPO Close Date: 14-12-2023
  • Basis of Allotment Finalization Date: 15-12-2023
  • Refunds Initiation: 18-12-2023
  • Credit of Shares to Demat Account: 18-12-2023
  • SME IPO Listing Date: 19-12-2023

As the IPO date approaches, investors and market enthusiasts eagerly await the listing of S J Logistics on the NSE Emerge. The Grey Market Premium can provide some insights into investor sentiment, but it’s essential to conduct thorough research and consider various factors before making any investment decisions.

S J Logistics IPO

Keep in mind that investing in IPOs carries its own set of risks and rewards, and it’s advisable to consult with financial experts or advisors to make informed investment choices. The performance of S J Logistics in the stock market will undoubtedly be a topic of interest for many in the coming weeks.

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