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GLGBLOGISTICListed

GB Logistics Commerce Limited

Book Built Issue IPO · BSE

Price band
₹95 - ₹102
Lot size
1,200 shares
Issue amount
₹25.07 cr
Total subscription
185.31×
Current price₹21.44
Listing price ₹81.6
Watch live price ↗
Opens
24 Jan 2025
Closes
28 Jan 2025
Allotment
29 Jan 2025
Listing
31 Jan 2025

Offer at a glance

Issue overview

Issue size
24,57,600 shares
Face value
₹10 per share
Minimum investment
₹1,14,000
Fresh issue
₹25.07 cr
Offer for sale
₹0 cr
Registrar
Maashitla Securities Private Limited
Listing exchange
BSE
Maximum investment
₹0
Issue type
Book Built Issue IPO
Shares before issue
57,36,848
Shares after issue
81,94,448

Lot sizes

CategoryLotsSharesAmount
RETAIL11,200₹1,22,400
HNI22,400₹2,44,800

Share reservation

RETAIL33.25%
NII (HNI)14.26%
Anchor28.47%
QIB18.99%
Market Maker5.03%

Subscription & GMP

Subscription by category

Total subscribed185.31×

Missing multiples are calculated from bids and offered shares when available.

QIB26.85×
HNI543.91×
RETAIL122.07×

GMP history

081613 Nov: ₹1619 Nov: ₹1625 Nov: ₹16
13 Nov₹1625 Nov

Subscription demand

Amounts in ₹ crore. HNI subcategories are included in the NII total.

CategoryOfferedDemand
QIBs4.7633.34
RETAIL8.34189.33

Financial performance

Company financials

In Crores · Reported periods may include interim results.

Revenue & profit In Crores
050100150Mar-22 · Revenue: 0Mar-22 · Profit after tax: 1Mar-22Mar-23 · Revenue: 0Mar-23 · Profit after tax: 1Mar-23Mar-24 · Revenue: 116Mar-24 · Profit after tax: 5Mar-24Sep-24 · Revenue: 51Sep-24 · Profit after tax: 3Sep-24
RevenueProfit after tax

Key performance indicators

MetricSep-24Mar-24Mar-23
EPS4.418.481.34
ROE12.327.3642.65
ROCE6.2214.5111.44
RONW12.327.3642.65
PRE IPO(PE)012.030
POST IPO(PE)16.5300

Values and labels as reported in the issue data.

Company information

Company profile

GB Logistics Commerce Limited, founded in 2019, provides reliable logistics and transportation services for large and medium-sized businesses. They specialize in full truckload freight solutions and offer a variety of services, including skilled drivers, a fleet of vehicles, and a flexible charter network to ensure efficient, high-capacity deliveries. Their services include full truckload shipping, special handling, transportation from one warehouse to another, deliveries above ground floors, and expertise in shipping to remote locations (ODA). The company also trades agricultural commodities to expand its revenue. As of January 15, 2024, GB Logistics has 39 full-time employees.

Strengths

  • Varied and Customizable Services: and the company offers tailored logistics solutions along with specialized services for different industries, including agriculture.
  • High Quality and Strong Ethics: and its commitment to top-quality service and ethical business practices helps build strong client trust and long-term satisfaction.
  • Flexible Operations: and with a versatile fleet, charter network, and multiple facilities, the company can deliver responsive and scalable logistics solutions.

Risk factors

  • P/E Ratio Changes: and the company’s P/E ratio may fluctuate when compared with industry peers, which can cause its share price to rise or fall.
  • Ongoing Legal Issues with the Promoter: and legal actions involving the promoter could damage the company’s reputation and lead to potential financial challenges.
  • Recent Acquisition of a Key Subsidiary: and the newly acquired subsidiary may create integration challenges and difficulties in managing operations smoothly.

Promoters

Prashant Natwarlal Lakhan

Registrar & documents

Lead manager

SKI Capital Services Limited

Registered office

B-3, Saptak Plaza, Shivaji Nagar, Nagpur 440010

9881078877

[email protected]Company website ↗

Understanding GBLOGISTIC 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.