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Brace Port Logistics Limited IPO

Brace Port Logistics Limited was a SME IPO in the Logistics Solution Provider sector, offered at ₹76–₹80 per share to raise ₹24 crore. It listed on 26 Aug 2024 at ₹152 and closed its first day at ₹160, a listing gain of +99.5% versus the ₹80 issue price. It now trades around ₹61 (-23.4% versus the issue price).

Frequently asked questions

What were the Brace Port Logistics Limited IPO listing gains?
Brace Port Logistics Limited listed on 26 Aug 2024 at ₹152, closing its first day at ₹160 — a listing gain of +99.5% versus the ₹80 issue price.
What was the price band and lot size of the Brace Port Logistics Limited IPO?
The price band was ₹76–₹80 per share, with a minimum lot of 1,600 shares (₹1,28,000 at the upper band).
Who were the registrar and lead manager for the Brace Port Logistics Limited IPO?
Link Intime India Private Limited was the registrar, and Holani Consultants was the book-running lead manager.