S J Logistics (India) Ltd. has announced public offering of 3840000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 115.00 per share. The gross proceeds of the issue are expected to be Rs 4,800.00 lakhs.

The company's initial public offer (IPO) will open on 12 December 2023 and is expected to close on 14 December 2023, subject to customary closing conditions. The price band of the issue has been fixed at Rs 121.00-125.00 per share.

The IPO includes a fresh Issue of 3840000 Equity Shares of the Company at an price of Rs 125.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1000 shares with bids in multiples of 1000.

S J Logistics (India) Ltd. anticipates using the proceeds of the issue for .

Hem Securities Ltd as lead manager & Maashitla Securities Pvt. Ltd. is the registrar, to the issue.