GB Logistics IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Fri, 24 Jan 2025
Close Date
Tue, 28 Jan 2025
Price Band
₹ 95 – 102
Lot Size
1200
Issue Size
₹ 25.07 Cr
Minimum Investment
₹ 244,800 (2400 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
GB Logistics IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹25.07 Crore, comprising a fresh issue of 24.58 Lakh equity shares aggregating to ₹25.07 Crore.
The GB Logistics IPO remained open for subscription from January 24, 2025, to January 28, 2025. The basis of allotment was finalized on January 29, 2025, and the company's shares were listed on BSE SME Platform on January 31, 2025.
The company had fixed the price band at ₹95 to ₹102 per share, with a lot size of 1200 shares. Retail investors were required to make a minimum investment of ₹244,800 (based on the upper price band) to apply for one lot.
Maashitla Securities Pvt. Limited served as the registrar to the issue. SKI Capital Services Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, GB Logistics Commerce Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
GB Logistics IPO Timeline (Tentative)
- IPO Open Date
- Fri, 24 Jan 25
- IPO Close Date
- Tue, 28 Jan 25
- Basis of Allotment
- Wed, 29 Jan 25
- Initiation of Refunds
- Thu, 30 Jan 25
- Credit of Shares to Demat
- Thu, 30 Jan 25
- Listing Date
- Fri, 31 Jan 25 — NSE & BSE
Open Date
24 January 2025
Close Date
28 January 2025
Basis Of Allotment
29 January 2025
Listing Date
31 January 2025
IPO Subscription
Check Live Subscription →The GB Logistics IPO has received bids for 30,28,77,600 shares against 17,58,000 shares offered, resulting in an overall subscription of 172.29x. the NII category is subscribed 402.08x, Retail Investors 122.07x, and QIBs 26.85x.
QIB
26.85x
NII
402.08x
RII
122.07x
Total
172.29x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 8,17,200 shares, representing 0% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 4,66,800 shares (0%), while Non-Institutional Investors (NIIs) receive 4,74,000 shares (0%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Anchor Investors | 699,600 | 0% |
| Market Maker | 123,600 | 0% |
| Qualified Institutions | 466,800 | 0% |
| Non-Institutional | 474,000 | 0% |
| Retail Investors | 817,200 | 0% |
| Total | 2,457,600 | 0% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
GB Logistics Commerce Limited KPI Information
| 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 |
Peers Comparison
No Peer Comparision Available
About GB Logistics Commerce Limited
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.
GB Logistics IPO Promoters
- Prashant Natwarlal Lakhani
Promoters Holding
Holding Pre Issue
74.85%
Holding Post Issue
0.00%
GB Logistics IPO Objective
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.
GB Logistics Commerce Limited Address / Contact Details
GB Logistics Commerce Limited
B-3, Saptak Plaza,
Shivaji Nagar, Nagpur 440010
Phone: 9881078877
Email: info@gblogisticsindia.com
Website: https://gblogisticsindia.com/
IPO Snapshot
GB Logistics IPO Lot Size
The GB Logistics IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹1,22,400 by applying for 1 lot (1,200 shares). The maximum application allowed for the retail category is 2 lots (2,400 shares), requiring an investment of ₹2,44,800.
| 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 |
Issue Reservation
Book Running Lead Managers
- SKI Capital Services Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the GB Logistics IPO?
GB Logistics IPO is a Book-building IPO with a total issue size of ₹25.07 crore. The GB Logistics IPO price band is ₹95 to 102 per share. The GB Logistics IPO subscription opens on Fri, Jan 24, 2025, and closes on Tue, Jan 28, 2025. The GB Logistics IPO will be listed on the BSE. Maashitla Securities Pvt. Limited is the registrar for the GB Logistics IPO.
When will the GB Logistics IPO open for subscription?
The GB Logistics IPO opens on Fri, Jan 24, 2025 and closes on Tue, Jan 28, 2025
What is GB Logistics IPO Price Band?
GB Logistics IPO Price Band is ₹95 to 102 per share.
What is GB Logistics IPO Lot Size?
GB Logistics IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹244800 based on the upper price band
What is the minimum investment for GB Logistics IPO?
The minimum investment for GB Logistics IPO is ₹244800, based on one lot of 1200 shares at the upper price band of ₹102 per share.
How to apply for GB Logistics IPO?
Investors can apply for the GB Logistics IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Jan 28, 2025. The application amount remains blocked until the GB Logistics IPO allotment is finalized.
What is GB Logistics IPO Issue Size?
GB Logistics IPO issue size is ₹25.07 crores.
What is the GB Logistics IPO Allotment Date?
GB Logistics IPO allotment date is Wed, Jan 29, 2025.
Who is the GB Logistics IPO Registrar?
The registrar for GB Logistics IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website to check GB Logistics IPO allotment status, refund processing, and other IPO-related information.
What is the GB Logistics IPO GMP?
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 15.69% over the issue price.
Who is the GB Logistics IPO Lead Manager?
The book-running lead managers (BRLMs) for the GB Logistics IPO are SKI Capital Services Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the GB Logistics IPO Red Herring Prospectus (RHP).