GB Logistics Commerce Limited IPO
BSE SMEListed On: Jan 31, 2025 at ₹ 81.6
₹ 244800 /2400 Shares
*Min Investment
24 Jan, 2025
Open Date28 Jan, 2025
Close Date29 Jan, 2025
Allotment Date31 Jan, 2025
Listing DateGB Logistics Commerce IPO Issue Details
- Issue Price ₹95-102 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 24,57,600 shares(aggregating up to ₹25.07 crore)
- Fresh Share 24,57,600 shares(aggregating up to ₹25.07 crore)
- Listing at BSE SME
- List Price 81.6
- Listing Date 2025-01-31
- Lead Manager SKI Capital Services Limited
- Registrar Maashitla Securities Private Limited
Market Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1200 | ₹1,22,400 |
| Retail(max) | 1 | 1200 | ₹1,22,400 |
| NII (min) | 2 | 2,400 | ₹2,44,800 |
GB Logistics Commerce IPO Reservation
GB Logistics Commerce IPO offers total 24,57,600 shares. Out of which 4,66,800 (18.99%) allocated to QIB, 3,50,400 (14.26%) allocated to NII,8,17,200 (33.25%) allocated to RII, NA (NA%) allocated to employees and 6,99,600 (28.47%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 6,99,600 (28.47%) | |
| Market Maker Shares Offered | 1,23,600 (5.03%) | |
| QIB Shares Offered | 4,66,800 (18.99%) | |
| NII (HNI) Shares Offered | 3,50,400 (14.26%) | |
| Retail Shares Offered | 8,17,200 (33.25%) | |
| Total Shares Offered | 24,57,600 (100%) |
GB Logistics Commerce IPO Details
GB Logistics Commerce Limited IPO is an SME IPO, priced at ₹95-102 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 24,57,600 equity shares, aggregating up to ₹25.07 crores..
The IPO bidding window is open from Jan 24, 2025 to Jan 28, 2025. The allotment is expected to be finalized on Jan 29, 2025, and the tentative listing date is Jan 31, 2025.
The minimum lot size for retail investors is 1200 shares, with a minimum investment of ₹1,22,400. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,44,800.
SKI Capital Services Limited is acting as the lead manager to the issue. The registrar of the IPO is Maashitla Securities Private Limited, and Svcm Securities Private Limited will act as the market maker for this issue.
GB Logistics Commerce IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 4,66,800 / 3,50,400 | 8,17,200 | 16,34,400 |
Day 1 24-01-25 06:00 PM | 7.00 / 3.64 x | 6.14 x | 5.85 x |
Day 2 27-01-25 06:00 PM | 7.00 / 8.38 x | 16.64 x | 12.12 x |
Day 3 28-01-25 06:00 PM | 25.10 / 543.55 x | 121.88 x | 184.64 x |
GB Logistics Commerce Valuations
GB Logistics Commerce Company Financials
| 30-Sep-24 | 31-Mar-24 | |
|---|---|---|
| Assets | 59.28 | 58.6 |
| Revenue | 50.85 | 115.63 |
| Profit After Tax | 2.53 | 4.86 |
| Net Worth | 20.55 | 17.77 |
| Reserves & Surplus | 14.81 | 12.04 |
| Total Borrowing | 20.07 | 15.72 |
About GB Logistics Commerce Company
GB Logistics Commerce Limited incorporated in 2019 is in the business of Logistics.
The company provides qualified drivers, a fleet of vehicles, and a charter network for flexibility, responsiveness, and high-capacity transportation.
The company provides full truckload freight services to large and medium-sized enterprises, using its own as well as third-party transportation resources, to manage logistics efficiently.
The company operates in two Business Segments Logisticsand Trading of Agricultural Commodities.
The logistics provides Full Truck Load, special handling, godown-to-godown transportation, above-ground floor deliveries, and expertise in Out of Delivery Area (ODA) shipments to the remote and difficult locations.
Trading of Agricultural Commodities focuses on logistics near agricultural commodities, takes advantage of incidental trading opportunities to create further revenue, diversifies income, and supports both the agricultural and logistics sectors.
As of January 15, 2024, the company has 39 full-time employees.
GB Logistics Commerce - Promoter(s)
Prashant Natwarlal Lakhan
Pre Issue Share Holding : 74.85%
Post Issue Share Holding : %
GB Logistics Commerce IPO - Issue Objectives
Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company
Working Capital Requirements
Fund expenditure towards the purchase of truck chassis and truck bodies
General corporate purposes
Contact Details
GB Logistics Commerce
B-3,Saptak Plaza, Shivaji Nagar, Nagpur 440010
+91 9881078877
Registrar Contact Details
Maashitla Securities Private Limited
+91-11-45121795-96
GB Logistics Commerce IPO - FAQs
Ans. GB Logistics Commerce Limited IPO is a SME IPO. The issue is priced at ₹95-102 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Jan 24, 2025, and closes on Jan 28, 2025. Maashitla Securities Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The GB Logistics Commerce Limited IPO opens on Jan 24, 2025 and closes on Jan 28, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of GB Logistics Commerce Limited IPO is 24,57,600 shares(aggregating up to ₹25.07 Cr).
Ans. The GB Logistics Commerce Limited IPO price band is set between ₹95-102 per equity share.
Ans. To apply for GB Logistics Commerce Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find GB Logistics Commerce Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of GB Logistics Commerce Limited IPO is Jan 29, 2025.
Ans. The GB Logistics Commerce Limited IPO will be listed on Jan 31, 2025.
Ans. Follow the steps to check the GB Logistics Commerce Limited IPO allotment status online.
