In November 2020, Brace Port Logistics Limited was established. The customer-focused logistics company’s main offering is providing marine frightening services to its clients from different industries. Additionally, it provides a range of value-added services, including air freight, warehousing, specialized freight services like processing goods overseas and shipping them to another nation, and services for customs clearance.
The corporation has a vast global network that includes its parent company, group companies, and subsidiaries. It serves clients globally and even provides cross-border transportation as part of its global service offering.
Reach Of The Company
The company can meet the demands of its customers in a range of industries, including medical and pharmaceutical items, perishables, sporting goods, electronics, consumer durables, autos, etc., thanks to its robust network throughout India and around the world. Using cutting-edge technologies and procedures, the skilled staff can manage all logistical moves and overcome any obstacles. They employ a flexible methodology to efficiently oversee supply chains, determine the most efficient shipping routes, and determine the most advantageous price arrangements.
Brace Port IPO Details
| IPO Opening & Closing Date | August 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 0.31 Cr Shares |
| Fresh Issue | 0.31 Cr Shares |
| Face Value | Rs 10 per Share |
| Listing at | NSE SME |
| Promoter Holding Pre IPO | 96.04% |
| Employee Discount | Rs 0 per Share |
| Retail Quota | Not less than 35% of the Offer |
Objective Of The IPO
The following goals are intended to be funded by the corporation using the Net Proceeds of the Fresh Issue:
- Financing the business’s needs for working capital.
- General corporate functions.
Brace Port Logistics Limited: Strengths
- A skilled workforce and a leadership team with experience.
- Prolonged Commercial Partnerships.
- PAN India as well as Worldwide Reach.
- All-inclusive Transportation Needs Solutions.
- A wide Base of Customers from various sectors.
- Services with technology integration.
- Service Quality.
- Relationship with Suppliers.
