Global Ocean Logistics India Limited
Bookbuilding IPO · BSE
- Price band
- ₹74 - ₹78
- Lot size
- 1,600 shares
- Issue amount
- ₹30.41 cr
- Total subscription
- 13.72×
- Opens
- 17 Dec 2025
- Closes
- 19 Dec 2025
- Allotment
- 22 Dec 2025
- Listing
- 24 Dec 2025
Offer at a glance
Issue overview
- Issue size
- 38,99,200 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,18,400
- Fresh issue
- ₹30.41 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,24,800
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,05,43,491
- Shares after issue
- 1,44,42,691
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 3,200 | ₹2,49,600 |
| sHNI | 3 | 4,800 | ₹3,74,400 |
| bHNI | 9 | 14,400 | ₹11,23,200 |
Share reservation
Subscription & GMP
Subscription by category
Reported 19 Dec 2025
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 3 |
| NIB | 0 | 1,357 |
| RETAIL | 406 | 4,832 |
| HNIs(10L +) | 77 | 798 |
| HNIs (2-10L) | 39 | 559 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 5.77 | 27.48 |
| FIIs | 0 | 6.86 |
| Others | 0 | 20.62 |
| RETAIL | 10.12 | 120.61 |
| NIB | 4.34 | 129.5 |
| HNIs 2+ | 1.45 | 21.91 |
| HNIs 10+ | 2.9 | 107.59 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-25 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 4.31 | 6.98 | 2.75 |
| ROE | 0 | 0 | 0 |
| ROCE | 0 | 0 | 0 |
| RONW | 20.71 | 39.19 | 30.72 |
| PRE IPO(PE) | 0 | 12.07 | 0 |
| POST IPO(PE) | 12.4 | 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) (₹) |
|---|---|---|---|---|---|---|
| Tiger Logistics (india) Ltd | 15.09 | 38.49 | 1 | 13.00 | 22.00 | 2.55 |
| Blue Water Logistics Limited | 12.07 | 161.00 | 10 | 25.00 | 41.00 | 13.34 |
| SJ Logistics India Limited | 12.05 | 430.45 | 10 | 113.72 | 24.13 | 35.76 |
| Global Ocean Logistics India Limited | 12.07 | 0 | 10 | 16.49 | 39.19 | 6.98 |
Company information
Company profile
Global Ocean Logistics India Limited, incorporated in January 2021, is a freight forwarding company offering multi-modal logistics solutions including ocean freight with ODC, road and rail transport, air freight forwarding, container freight station services, customs clearance, and related logistics support. The company operates through major Indian ports such as Nhava Sheva, Hazira, Mundra, Chennai, Pune, and others, with pan-India coverage across more than 23 states and union territories supported by marketing offices in Visakhapatnam, Jaipur, Pune, and Tuticorin. Between FY 2023 and FY 2025, it handled around 24,782 shipments covering 73,052 TEUs across 263 global ports and processed over 25,000 bills of lading by September 30, 2025. The company mainly serves importers sourcing goods from regions such as Europe, the USA, China, Southeast Asia, South Africa, and Gulf countries through a strong network of international agency partners, and as of December 10, 2025, its operations are supported by an in-house team of 55 personnel.
Strengths
- Wide and Long-Standing Customer Base – Works with clients across various industries, ensuring steady, repeat business and reduced reliance on any single sector.
- Flexible Asset-Light Operating Model – Enables efficient scaling with lower capital investment, improving cost control and reducing financial risk across freight operations.
- Comprehensive Multimodal Logistics Services – Offers ocean and air freight, transportation, CFS, and customs clearance, giving clients faster, smoother, and more cost-effective supply chain solutions.
Risk factors
- Dependence on External Service Providers – Delays or failures by shipping lines, transport partners, or CFS operators can disrupt operations and negatively affect customer satisfaction.
- Risk in Securing New Business – Inability to onboard new clients or increase business volumes may limit growth and hinder achievement of financial goals.
- High Revenue Concentration Among Key Clients – With the top 10 customers contributing 36–44% of revenue, losing any major client could significantly impact profitability and overall business stability.
Promoters
Niraj Nandkishor Narsaria
Anand Mehta
Registrar & documents
Lead manager
Marwadi Chandarana Intermediaries Brokers Private Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
C-101, Business Square Andheri Kurla Road, Andheri-East Mumbai, Maharashtra, 400093
+91 22 4877 8888
[email protected]Company website ↗Understanding GLOBALLOG 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.