GB Logistics IPO
Open SmeCurrent GMP
₹16 (+15.69%)
Price Band
₹ 95 – 102
Lot Size
1200
Issue Size
₹25.07 Cr
Minimum Investment
₹244800 (2400 Shares)
Listing Date
31 January 2025
Subscription
172.29x
About the Company
GB Logistics Commerce Limited operates in two main business verticals: logistics and the trading of agricultural commodities.
Logistics:
The company specializes in full truckload (FTL) freight services for large and medium-sized enterprises, leveraging both proprietary and third-party transportation services. Their logistics offerings include:
- Full Truck Load / LCV Delivery: Regular transportation with extensive domestic coverage and flexibility to meet urgent needs through partnerships with FTL carriers.
- Special Handling: Preparing necessary equipment and ensuring efficient and timely distribution of products.
- Godown to Godown Transportation: Providing services for warehouse logistics, including facility and returns logistics, with a focus on value-added solutions for various industries.
- Delivery Above Ground Floor: Ensuring delivery to locations above ground floor levels.
- ODA Deliveries: Specializing in remote and challenging locations that are typically refused by other couriers, ensuring delivery in these areas while reducing return-to-origin occurrences.
Trading of Agricultural Commodities:
While not the company’s primary business, GB Logistics engages in trading agricultural commodities when opportunities arise incidentally to their logistics operations. This diversification enhances their revenue streams and positions them in both the agricultural and logistics sectors.
The company aims for market expansion, operational efficiency, technological integration, and specialized handling services, establishing itself as a comprehensive logistics partner for businesses across sectors.
Promoters
- Prashant Natwarlal Lakhani
Promoters Holding
Holding Pre Issue
74.85%
Holding Post Issue
0.00%
Objects of the Issue
THE OBJECTS OF THE ISSUE ARE: -
- Prepayment or repayment of a portion of certain outstanding borrowings availed by our Company.
- Working Capital Requirements.
- Fund expenditure towards purchase of truck chassis and truck bodies.
- General corporate purposes.
Address / Contact Info
GB Logistics Commerce Limited
B-3, Saptak Plaza,
Shivaji Nagar, Nagpur 440010
Phone: 9881078877
Email: info@gblogisticsindia.com
Website: https://gblogisticsindia.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Friday, 24 January 2025
IPO Close Date
Tuesday, 28 January 2025
Basis of Allotment
Wednesday, 29 January 2025
Initiation of Refunds
Thursday, 30 January 2025
Credit of Shares to Demat
Thursday, 30 January 2025
Listing Date
Friday, 31 January 2025 — NSE & BSE
Important Dates
Open Date
24 January 2025
Close Date
28 January 2025
Basis Of Allotment
29 January 2025
Listing Date
31 January 2025
Financial Performance (₹ in Crores)
| Particular | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 59.28 | 58.6 | 0 | 0 |
| Revenue | 50.85 | 115.63 | 0 | 0 |
| Profit After Tax | 2.53 | 4.86 | 0.77 | 0.96 |
| Net Worth | 20.55 | 17.77 | 1.8 | 1.03 |
| Reserve & Surplus | 14.81 | 12.04 | 0 | 0 |
| Total Borrowings | 20.07 | 15.72 | 4.92 | 1.18 |
EPS Pre
8.48%
EPS Post
6.17%
P/E Pre
12.03
P/E (Post Issue)
16.53x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of March 31, 2024. |
|---|---|
| ROE % | 27.36 |
| ROCE % | 14.51 |
| Debt / Equity | 0.88 |
| RoNW % | 27.36 |
| PbW | 3.29 |
| Pat Margin % | 4.21 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 699600 | 0 | 0 |
| Market Maker | 123600 | 0 | 0 |
| Qualified Institutions | 466800 | 0 | 0 |
| Non-Institutional | 474000 | 0 | 0 |
| Retail Investors | 817200 | 0 | 0 |
| Total | 2457600 | 0 | 0 |
Subscription Status ( Tue, 28 Jan 25 01:24 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 466800 | 12535200 | 26.85x |
| Non-Institutional | 474000 | 190586400 | 402.08x |
| Retail Investors | 817200 | 99756000 | 122.07x |
| Total | 1758000 | 302877600 | 172.29x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | 122,400.00 |
| Retail (Max) | 1 | 1,200 | 122,400.00 |
| Retail (Max) | 2 | 2,400 | 244,800.00 |
Registrar
Maashitla Securities Pvt. Limited
011-45121795-96
investor.ipo@maashitla.com
https://www.maashitla.com
Book Running Lead Managers
- SKI Capital Services Limited
RHP Document
DRHP Document
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.
GB Logistics IPO is a Book-building IPO worth ₹25.07 crores. The price band is ₹95 to 102 per share. The IPO opens on Fri, Jan 24, 2025 and closes on Tue, Jan 28, 2025. It will be listed on BSE and NSE. Maashitla Securities Pvt. Limited is the registrar.
The GB Logistics IPO opens on Fri, Jan 24, 2025 and closes on Tue, Jan 28, 2025
GB Logistics IPO Price Band is ₹95 to 102.
GB Logistics IPO lot size is 1200, and the minimum amount required for application is ₹244800.
The minimum investment for GB Logistics IPO is approximately ₹244800 based on the upper price band.
To apply for the GB 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 Tue, Jan 28, 2025. After submission, funds are blocked until the basis of allotment of GB Logistics IPO is finalised.
GB Logistics IPO issue size is ₹25.07 crores.
GB Logistics IPO allotment date is Sat, Jun 27, 2026.
The registrar for GB Logistics IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website for IPO allotment status, refund processing, and other queries related to GB Logistics IPO through their official website or helpline.
The GB Logistics IPO GMP (Grey Market Premium) is ₹16 as of Fri, Jan 31, 2025. Based on the upper price band of ₹102 per share, the estimated GB Logistics IPO listing price is ₹118, indicating a potential listing gain of approximately 31% over the issue price.