Oneclick Logistics IPO: Oneclick Logistics, a well-known Indian logistics sector company is set to open its Initial Public Offering on 27 September 2023. The IPO will close on 3 October 2023 offering a seven-day window for investors to participate.
The Oneclick Logistics IPO is currently forthcoming and has generated considerable interest among investors. You can pre-apply for the Oneclick Logistics IPO on Upstox. which means the pre-apply open date, usually begins a day before the IPO opens for the subscription.
Oneclick Logistics IPO
Oneclick Logistics has listed its symbol as “_” for the IPO. The firm has chosen a Fixed Price Issue IPO and plans to list its shares on the National Stock Exchange’s Small and Medium-sized Enterprises (NSE SME) platform.
The IPO is scheduled to open on Wednesday, 27 September 2023, and will close on Tuesday, 3 October 2023. Interested investors will have the chance to bid for the shares during this window. The company has earmarked a total issue size of 1,000,800 shares for this IPO, which aggregates up to ₹9.91 Cr. This entire share offering is a fresh issue, which implies that all the shares in this IPO are newly issued shares by the company and not secondary sales from existing shareholders.
Priced at ₹99 per share, each share has a face value of ₹10. The lot size for this IPO is pegged at 1,200 shares. This means that retail investors can apply for a minimum of 1 lot, which consists of 1,200 shares amounting to ₹118,800. High Networth Individuals (HNIs), on the other hand, can apply for a minimum of 2 lots, consisting of 2,400 shares with an aggregate value of ₹237,600.
Post the closure of the bidding process, the basis of allotment will be decided on Friday, 6 October 2023. Those who do not receive an allotment can expect refunds to be initiated on Monday, 9 October 2023. Successful allottees will have the shares credited to their Demat accounts on Tuesday, 10 October 2023.
Oneclick Logistics IPO Details
| Open Date | 27 September 2023 |
| Close Date | 3 October 2023 |
| Lot Size | 1200 |
| IPO Size | ₹9.91 Cr |
| IPO Price | ₹99 |
| Min Investment (Retail) | ₹118,800 |
| Min Investment (HNI) | ₹237,600 |
| Listing Exchange | NSE SME |
| Basis of Allotment | 6 October 2023 |
| Refunds | 9 October 2023 |
| Credit to Demat Account | 10 October 2023 |
| Listing Date | 11 October 2023 |
| RHP | Download |
| DRHP | Download |
Apply for the Oneclick Logistics IPO
You can pre-apply for the Oneclick Logistics IPO on Upstox. Follow these steps to pre-apply for the IPO:
- Click on the “Open an Account“
- Fill in the required details
- Complete the verifying your identity
- Login to Your Account
- in the IPO section, click the ‘Oneclick Logistics IPO’ tab
- fill in the required information, like ‘bid price’ and ‘lot size’
- Confirm and click on ‘Pre-Apply’
Oneclick Logistics IPO GMP Status
Oneclick Logistics is open from 27 September to 3 October 2023 and people’s eyes have been on the grey market premium (GMP) to gauge investor sentiment. GMP is the rate at which the IPO shares are traded in the grey market before they get listed on the stock exchange. It’s an unofficial way of measuring the market’s sentiment about the IPO.
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price |
|---|---|---|---|---|
| 26-09-2023 | 99.00 | ₹40 | 36500 | ₹139 (40.4%) |
| 25-09-2023 | 99.00 | ₹40 | 36500 | ₹139 (40.4%) |
| 22-09-2023 | 99.00 | ₹0 | — | ₹ (0%) |
On 22 September 2023, the GMP for Oneclick Logistics stood at ₹0, with no change in today’s movement. This stagnation implied that the market was initially taking a cautious approach, possibly awaiting more information or cues. The estimated listing price on this date was flat, showing no expected premium over the IPO price of ₹99 per share.
Fast-forward to 25 September 2023, the GMP saw a remarkable surge. The grey market premium for the company’s shares catapulted to ₹40, registering a significant uptick. The day’s movement was marked as ‘GMP Up,’ showcasing a change in investor sentiment.
This sharp rise in GMP hinted at increased investor interest and confidence in the company’s prospects. The estimated listing price, factoring in this GMP, was ₹139, representing a 40.4% premium over the IPO price of ₹99 per share.
About Oneclick Logistics
Mumbai-based Oneclick Logistics India Limited is making headlines with its diversified and integrated logistics services. Oneclick Logistics stands as an integrated logistics services and solutions provider, offering an array of services that include Non-Vessel Operating Common Carrier (NVOCC), ocean and air freight forwarding, bulk cargo handling, and custom clearance, among others
The company’s unique selling point is its single-window solution for all logistics needs. This feature eliminates the necessity for customers to approach multiple service providers at different stages of the logistics chain, thus offering unparalleled convenience. Their integrated service model not only contributes significantly to revenue and profitability but also offers broader business opportunities, owing to the wide range of services they provide.
For customs clearance, Oneclick Logistics collaborates with third parties who hold valid Custom House Agent’s Licenses. This asset-light business model allows the company to outsource its infrastructure requirements, providing a lean but effective operational framework. Such an approach gives the firm an edge in terms of scalability and agility in the logistics sector.
Primarily focused on serving importers in India, the company has an extensive network that spans countries such as China, Europe, Singapore, and Malaysia. These international connections are facilitated through agency partners, allowing the firm to operate even in jurisdictions where they don’t have a direct presence. The agency partnerships also serve as a pipeline for new business opportunities within India.
Domestically, the company operates in all major ports, including private ones like Nhava Sheva, Mundra, Delhi ICD, Pipavav, Chennai, and ICD Ahmedabad. As of 31 March 2023, Oneclick Logistics has served a robust clientele of 627 customers. In terms of volume, their NVOCC, Freight Forwarding (FCL) Freight Forwarding (Air), and Bulk Cargo verticals have handled 7424 throughput TEUs, 28481 cubic meters, 25 brake bulk shipments, and 650 custom clearances respectively.
Financial Year 2017-2018: Incorporated as a Limited Liability Partnership under the name “Oneclick Logistics LLP.”
Financial Year 2019-2020: Registered as a multimodal transport operator under the Multimodal Transportation of Goods Act, 1993.
Financial Year 2022-2023: Received a certificate of membership from the Global Affinity Alliance, fulfilling all conditions of membership.
Financial Year 2022-2023: Incorporated as a public company, rebranding itself as “Oneclick Logistics India Limited.”
Financial Year 2022-2023: Acquired the running business of “Oneclick Logistics LLP” through a business transfer agreement effective from 10 February 2023.
Oneclick Logistics IPO allotment status
| Application | Lots | Shares |
|---|---|---|
| Retail (Min) | 1 | 1200 |
| Retail (Max) | 1 | 1200 |
| HNI (Min) | 2 | 2,400 |
When the allotment process is completed, you can check the status of your application on the Upstox. how to check the Oneclick Logistics IPO allotment status:
- Login to your Upstox Account
- find the ‘Invest in IPO’ section.
- Click on the ‘View all option
- Click on My applications
- under the History section
- your Oneclick Logistics IPO allotment status will be mentioned.
Oneclick Logistics IPO price?
– The Oneclick Logistics Fixed Price Issue IPO ₹99 per equity share.
Oneclick Logistics IPO date?
– The public issue opened on 27 September 2023 and will close on 3 October 2023.
Oneclick Logistics IPO lot size?
– The lot size for the Oneclick Logistics IPO is 1200 equity shares.
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it’s important to note that GMP is not an official measure and often varies. It provides an early indicator of potential demand but does not guarantee the actual listing price. The GMP prices shown here are only news related to the grey market. We do not trade/deal in the grey market or subject to rates (sub2), nor do we recommend trading in the grey market
Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Sharedhan. We advise investors to check with certified experts before making any investment decisions.
