IPO Details

About Company

Maharaja & Speedex India Ltd., incorporated in 1995, is a prominent player in the Indian logistics and supply chain sector, focusing on express delivery services and freight transportation. The company operates under the umbrella of the Maharaja Group, which has diversified interests across various industries. Maharaja & Speedex boasts a robust product portfolio, encompassing express parcel services, freight forwarding, and logistics consultancy, catering to both B2B and B2C segments. With state-of-the-art manufacturing capacities, the company has strategically positioned its operations across major metropolitan areas in India, ensuring efficient service delivery. Its extensive geographic presence spans over 500 locations across the country, supported by a well-established distribution network that leverages advanced technology for tracking and management. In the latest financial year, Maharaja & Speedex reported a total income of INR 500 crores, with a net profit of INR 50 crores, an EBITDA margin of 15%, ROCE of 12%, ROE of 10%, and a Debt-Equity ratio of 0.5. The company aims to utilize the proceeds from its IPO for expansion into new markets, upgrading technology, and repaying existing debt, which will enhance its operational efficiency. Post-issue, the market capitalization is expected to reach INR 2,000 crores, with an estimated EPS of INR 5 and a P/E ratio of 20. Investor sentiment appears cautiously optimistic, driven by the company's strong fundamentals and growth potential in the burgeoning logistics sector.