BLT Logistics IPO
Open SmeCurrent GMP
₹25 (+33.33%)
Price Band
₹ 71 – 75
Lot Size
1600
Issue Size
₹9.72 Cr
Minimum Investment
₹240000 (3200 Shares)
Listing Date
11 August 2025
Subscription
560.91x
About the Company
Incorporated in 2011, BLT Logistics Limited specializes in surface transportation and warehousing services for a wide range of industries and businesses across India.
Core Operations
The company’s logistics services are supported by a combination of its own fleet and partnerships with third-party operators. BLT Logistics also operates through its 99.99% subsidiary, Sabarmati Express India Private Limited, enhancing its transportation capabilities.
As of March 31, 2024, the group operates a total of 105 vehicles, comprising:
- 90 company-owned vehicles (ranging from 3.5 MT to 18 MT)
- 15 additional vehicles (9 MT) under Sabarmati Express
Service Portfolio
1. Transportation & Allied Services
BLT Logistics provides end-to-end B2B logistics solutions, including:
- Full Truck Load (FTL)
- Less than Truck Load (LTL)
- Packing and moving
- Project cargo transportation
Leveraging a versatile fleet and advanced logistics technology, the company ensures reliable, cost-effective, and secure delivery services.
2. Warehousing Services
In 2023, the company expanded its offerings to include warehousing services. It currently operates three leased warehouses located in strategic industrial zones, catering to sectors such as:
- Electronics
- Retail
- Food & Beverage
- Multinational Corporations (MNCs)
Warehouse operations include detailed inventory tracking and reporting through comprehensive Management Information Systems (MIS).
As of March 31, 2024, BLT Logistics Limited employs 37 staff members, supporting operations across transportation and warehousing verticals.
Promoters
- Krishan Kumar
- Rakesh Kumar
Promoters Holding
Holding Pre Issue
99.95%
Holding Post Issue
72.94%
Objects of the Issue
The Net Issue Proceeds are proposed to be used in accordance with the details provided in the following table.
- Funding capital expenditure requirement of our company towards purchase of trucks (“Vehicles”) and ancillary equipment (“Equipment”)
- To Meet Working Capital Requirements
- General Corporate Purpose
Address / Contact Info
BLT Logistics Ltd.
Plot No 304,A/2 Kh 14/20/1 F/F,
Patel Garden, Kakrola, South West Delhi,
West Delhi, New Delhi, 110078
Phone: +91 11 3545 4842
Email: cs@bltlogistics.com
Website: http://www.bltlogistics.com
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Monday, 04 August 2025
IPO Close Date
Wednesday, 06 August 2025
Basis of Allotment
Thursday, 07 August 2025
Initiation of Refunds
Friday, 08 August 2025
Credit of Shares to Demat
Friday, 08 August 2025
Listing Date
Monday, 11 August 2025 — NSE & BSE
Important Dates
Open Date
04 August 2025
Close Date
06 August 2025
Basis Of Allotment
07 August 2025
Listing Date
11 August 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|
| Assets | 26.27 | 21.32 |
| Revenue | 49.43 | 40.73 |
| Profit After Tax | 5.27 | 4.21 |
| Net Worth | 8.78 | 4.94 |
| Reserve & Surplus | 5.3 | 1.46 |
| Total Borrowings | 13.65 | 12.02 |
EPS Pre
15.06%
EPS Post
10.99%
P/E Pre
4.98
P/E (Post Issue)
6.83x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE % | 49.07 | 85.66 | 152 |
| ROCE % | 27.66 | 35.29 | 22.23 |
| Debt / Equity | 1.59 | 0 | 0 |
| RoNW % | 39.4 | 57.38 | 86.36 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 6.67 | 6.67 | 4.37 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 240000 | 28.47 | 0 |
| Non-Institutional | 180800 | 21.44 | 0 |
| Retail Investors | 422400 | 50.09 | 0 |
| 937600 | 100 | 0 |
Subscription Status ( Wed, 06 Aug 25 01:46 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 240000 | 19632000 | 81.8x |
| Non-Institutional | 180800 | 184086400 | 1018.18x |
| Retail Investors | 422400 | 269244800 | 637.42x |
| Total | 843200 | 472963200 | 560.91x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| BLT Logistics Ltd | 10 | 0.00 | 10.97 | 10.97 | 43.73 | 28.08 |
| Premier Roadlines Ltd | 10 | 11.42 | 7.11 | 7.11 | 17.66 | 38.98 |
| Coastal Roadways Ltd | 10 | 8.29 | 3.50 | 3.50 | 6.27 | 56.42 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | 240,000.00 |
| Retail (Max) | 2 | 3,200 | 240,000.00 |
| S-HNI (Min) | 3 | 4,800 | 360,000.00 |
| S-HNI (Max) | 8 | 12,800 | 960,000.00 |
| B-HNI (Min) | 9 | 14,400 | 1,080,000.00 |
Registrar
Skyline Financial Services Private Ltd
02228511022
info@skylinerta.com
https://www.skylinerta.com
Book Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
BLT Logistics IPO is a Book-building IPO worth ₹9.72 crores. The price band is ₹71 to 75 per share. The IPO opens on Mon, Aug 4, 2025 and closes on Wed, Aug 6, 2025. It will be listed on BSE and NSE. Skyline Financial Services Private Ltd is the registrar.
The BLT Logistics IPO opens on Mon, Aug 4, 2025 and closes on Wed, Aug 6, 2025
BLT Logistics IPO Price Band is ₹71 to 75.
BLT Logistics IPO lot size is 1600, and the minimum amount required for application is ₹240000.
The minimum investment for BLT Logistics IPO is approximately ₹240000 based on the upper price band.
To apply for the BLT Logistics IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Wed, Aug 6, 2025. After submission, funds are blocked until the basis of allotment of BLT Logistics IPO is finalised.
BLT Logistics IPO issue size is ₹9.72 crores.
BLT Logistics IPO allotment date is Sat, Jun 27, 2026.
The registrar for BLT Logistics IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website for IPO allotment status, refund processing, and other queries related to BLT Logistics IPO through their official website or helpline.
The BLT Logistics IPO GMP (Grey Market Premium) is ₹25 as of Mon, Aug 11, 2025. Based on the upper price band of ₹75 per share, the estimated BLT Logistics IPO listing price is ₹100, indicating a potential listing gain of approximately 31% over the issue price.