Ecom Express IPO Details
MAINBOARD
Ecom Express IPO DRHP (Draft Red Herring Prospectus) has been SEBI Approval Received.
Pre-issue shareholding stands at 5,18,13,390, which will increase to 13,37,42,760 post-issue.
The Lead Managers for Ecom Express IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Axis Capital Ltd, IIFL Capital Services Ltd, Kotak Mahindra Capital Company Ltd, Ubs Securities India Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Ecom Express Limited DRHP.
Ecom Express IPO Details
Ecom Express IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
Ecom Express IPO Reservation
Promoter Holding
Documents
Ecom Express IPO Valuations
Ecom Express Financial Information
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 2,090.44 | 2,324.81 | 2,045.85 |
| Total Income | 2,652.89 | 2,575.53 | 2,120.9 |
| Profit After Tax | -248.51 | -359.85 | -46.33 |
| Net Worth | 267.86 | 487.42 | 883.16 |
| Reserves and Surplus | 265.31 | 484.87 | 880.62 |
| Total Borrowing | 824.2 | 803.68 | 339.58 |
| Amount in ₹ Crore | |||
About Ecom Express IPO
Ecom Express Limited is a B2C e-commerce logistics provider with a pan-India network for first-mile pick-up, mid-mile transportation, last-mile delivery, reverse logistics, and warehousing. The company offers logistics infrastructure and technology-driven solutions to connect digital retailers and e-commerce platforms with consumers across India.
As of March 31, 2024, Ecom Express Limited served over 27,000 PIN codes, including Tier 2 and smaller regions. Its services include B2C express logistics, same-day delivery, reverse logistics for returns, heavy shipment handling, fulfilment solutions, quick commerce warehousing, and modular logistics for customized supply chain needs.
The company operates 317 large facilities, including sorting hubs, processing centers, return centers, and fulfilment centers, along with 3,421 delivery centers, all under lease agreements. Its customer base includes horizontal e-commerce platforms, vertical and D2C platforms, social commerce marketplaces, and quick commerce businesses.
The company's number of customers grew from 2,409 in 2022 to 6,384 in 2024.
Strength Of Ecom Express IPO
Risk Of Ecom Express IPO
Objectives Ecom Express IPO
1. Capital expenditure towards set-up of new processing centers with automation and new fulfilment centres.
2. Investment in computers and information technology equipment.
3. Investing in enhancement of technological and data science capabilities including cloud infrastructure.
4. Repayment/ prepayment, in full or in part, of certain borrowings availed of by the Company including payment of the interest accrued thereon.
5. General corporate purposes and unidentified inorganic acquisitions.
Company Contact Details
Ecom Express Ltd.
Ground Floor, 13/16 min,
17 min, Samalka, Old Delhi-Gurugram Road,
Kapashera, New Delhi, India
Delhi, New Delhi, 110037
Phone: +91 124 648 8888
Email: cs@ecomexpress.in
Website: https://www.ecomexpress.in/
Registrar Contact Details
Ecom Express IPO - FAQs
The Ecom Express IPO is a MAINBOARD public issue comprising 0 equity shares with a face value of ₹1 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.
The IPO opens for subscription on TBA, and closes on TBA.
MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at TBA.