BLT Logistics Limited
Bookbuilding IPO · BSE
- Price band
- ₹71 - ₹75
- Lot size
- 1,600 shares
- Issue amount
- ₹9.72 cr
- Total subscription
- 560.91×
- Opens
- 4 Aug 2025
- Closes
- 6 Aug 2025
- Allotment
- 7 Aug 2025
- Listing
- 11 Aug 2025
Offer at a glance
Issue overview
- Issue size
- 12,96,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,13,600
- Fresh issue
- ₹9.72 cr
- Offer for sale
- ₹0 cr
- Registrar
- Skyline Financial Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,20,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 35,00,000
- Shares after issue
- 47,96,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 3,200 | ₹2,40,000 |
| sHNI | 3 | 4,800 | ₹3,60,000 |
| bHNI | 9 | 14,400 | ₹10,80,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| HNIs (10L+) | 25 | 9,395 |
| HNIs (3-10L) | 13 | 7,883 |
| RETAIL | 132 | 84,139 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 1.8 | 2.39 |
| RETAIL | 3.17 | 512.11 |
| HNIs 2+ | 0.45 | 56.47 |
| HNIs 10+ | 0.9 | 173.7 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 7.59 | 19.36 | 2.02 |
| ROE | 85.66 | 152 | 98.79 |
| ROCE | 35.29 | 22.23 | 9.32 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 0 | 0 | 0 |
| POST IPO(PE) | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| BLT Logistics | 6.47 | 0 | 0 | 25.08 | 43.73 | 10.97 |
| Premier Roadlines | 11.42 | 0 | 0 | 38.98 | 17.66 | 7.11 |
| Coastal Roadways | 8.29 | 0 | 0 | 56.42 | 6.27 | 3.50 |
Company information
Company profile
BLT Logistics Limited, founded in 2011, provides surface transportation and warehousing services to various industries and businesses. The company operates with the support of its own fleet, managed by its 99.99% subsidiary Sabarmati Express India Private Limited, as well as through third-party transport operators. As of March 31, 2024, it has a fleet of 90 vehicles ranging from 3.5MT to 18MT, along with 15 vehicles of 9MT capacity under Sabarmati. BLT offers a range of logistics solutions including B2B transportation services such as full truckload (FTL), less-than-truckload (LTL), packing, moving, and project cargo transportation, using advanced technology to ensure safe, efficient, and cost-effective delivery. In 2023, the company expanded into warehousing with three leased facilities located in key areas, catering to sectors like electronics, retail, food, and multinational companies. These warehouses offer detailed inventory tracking through MIS reports. As of the end of March 2024, BLT Logistics has a team of 37 employees.
Strengths
- Proven History: Running successfully since 2011 with steady growth.
- Wide Client Network: Trusted by long-term clients from various industries.
- Complete Logistics Services: Offers FTL, LTL, project cargo, and warehousing solutions.
Risk factors
- Major Customer Dependence: Relying on a few big clients increases risk.
- Limited Supplier Base: Fewer key suppliers may affect supply stability.
- Regional Focus: Most revenue comes from specific areas, limiting reach.
Promoters
Krishan Kumar
Rakesh Kumar
Registrar & documents
Lead manager
Beeline Capital Advisors Private Limited
Registrar & contacts
Skyline Financial Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No 304, A/2 Kh 14/20/1 F/F, Patel Garden, Kakrola, South West Delhi, West Delhi, New Delhi, 110078
+91 11 3545 4842
[email protected]Company website ↗Understanding BLT IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.