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Business News/ Markets / Ipo/  Oneclick Logistics India IPO: Check GMP, subscription status on day 2, and other details
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Oneclick Logistics India IPO: Check GMP, subscription status on day 2, and other details

Oneclick Logistics India IPO will open for subscription on Wednesday, September 27 and close on Tuesday, October 3.

Oneclick Logistics India IPO is a fixed price issue of ₹9.91 crore (Shutterstock)Premium
Oneclick Logistics India IPO is a fixed price issue of 9.91 crore (Shutterstock)

Oneclick Logistics India IPO: The initial public offering (IPO) of small- and medium-sized enterprise (SME) Oneclick Logistics India has opened for subscription on Wednesday, September 27, and will close on Tuesday, October 3. The company is an integrated logistics services and solutions provider and offer customers a single-window solution - negating the need to approach multiple service providers at different levels in the chain of logistics services. 

The company's service can be broadly classified as non-vessel operating common carrier, ocean and air freight forwarding (freight forwarding, bulk cargo handling, and custom clearance. Incorporated in 2017, the company operates an asset-light business model and outsource their infrastructure requirements to third parties.

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Here are the 11 key things to know about Oneclick Logistics India IPO:

Oneclick Logistics India IPO date: Oneclick Logistics India IPO will open for subscription on Wednesday, September 27, and close on Tuesday, October 3.

Oneclick Logistics India IPO details: Oneclick Logistics India IPO is a fixed price issue of 9.91 crore. The issue is entirely a fresh issue of 10.01 lakh shares.

Oneclick Logistics India IPO price: Oneclick Logistics India IPO is 99 per share at a face value of 10 per share.

Oneclick Logistics India IPO lot size: Investors can bid for a minimum of 1,200 shares and in multiples thereof.

Oneclick Logistics India IPO objectives: The company intends to utilize the net proceeds from the issue towards meeting incremental working capital requirements and for general corporate purposes.

Oneclick Logistics India IPO Lead Manager & Registrar: Fedex Securities Pvt Ltd is the lead manager for the public issue and Bigshare Services Pvt Ltd is the IPO registrar.

Also Read: JSW Infra IPO: Issue booked over 2 times on last day so far; check GMP, should you subscribe?

Oneclick Logistics India IPO allotment date: Oneclick Logistics India IPO basis of allotment of shares will be finalised on Friday, October 6 and the company will initiate refunds on Monday, October 9, while the shares will be credited to the demat account of allottees on Tuesday, October 10. 

Oneclick Logistics India listing date: Oneclick Logistics India shares are likely to be listed on NSE SME on Wednesday, October 11.

Oneclick Logistics India IPO Reservation Limit: A retail investor would require minimum 1,18,800 ( 99 x 1,200) to apply for the SME issue.

Oneclick Logistics India IPO GMP Today: Oneclick Logistics India IPO GMP today or grey market premium on Thursday is +45. This indicates Oneclick Logistics India share price were trading at a premium of 45 in the grey market on Thursday, according to topsharebrokers.com

Also Read: Sai Silks share price gains over 8% post tepid listing. Should you buy, sell or hold?

Considering the upper end of the Oneclick Logistics India IPO price band and the current premium in the grey market, the estimated listing price of Oneclick Logistics share price is 144 apiece, which is 45.45 per cent higher than the IPO price of 99. 'Grey market premium' indicates investors' readiness to pay more than the issue price. The lowest GMP is 0, while the highest GMP is 40.

Oneclick Logistics IPO subscription status: Oneclick Logistics IPO subscription status was 4.55 times on the second day of issue. The company has received bids for 43,14,000 shares against 10,00,800 shares on the offer, according to data on chittorgarh.com

Oneclick Logistics IPO subscription status was 1.81 times on the first day of issue.

Also Read: Signature Global share price gains over 2% after decent listing; Should you buy, sell or hold?

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ABOUT THE AUTHOR
Nikita Prasad
Nikita covers business news and has been producing news on digital platforms since 2018. She writes on economy, policy, markets, commodities, industry. Her core areas of interests include infrastructure, energy, oil and gas, railways, and transport/mobility. She has worked for business news channels like Moneycontrol, NDTV Profit, and Financial Express in the past. If you have story ideas/pitches/reports or quotes/views to share, reach her at nikita.prasad@htdigital.in.
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Updated: 28 Sep 2023, 09:31 PM IST
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