IPO

GB Logistics Commerce Limited IPO

BSE SME

Listed On: Jan 31, 2025 at ₹ 81.6

₹ 122400 /1200 Shares

Check Allotment
GB Logistics Commerce IPO Details

24 Jan, 2025

Open Date

28 Jan, 2025

Close Date

29 Jan, 2025

Allotment Date

31 Jan, 2025

Listing Date

Issue Price

₹95-102 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Maashitla Securities Private Limited

List Price

81.6

Listing Date

2025-01-31

Market Lot

1200 Shares (₹122,400/-)

Lead Manager

SKI Capital Services Limited

Issue Size

24,57,600 shares(aggregating up to ₹25.07 Cr)

Retail Portion

35%

Subscription

184.64 times

IPO Docs

DRHP RHP

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.

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GB Logistics Commerce IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved4,66,800 / 3,50,4008,17,20016,34,400
Day 1 - 24-01-25 06:00 PM7.00 / 3.64 x6.14 x5.85 x
Day 2 - 27-01-25 06:00 PM7.00 / 8.38 x16.64 x12.12 x
Day 3 - 28-01-25 06:00 PM25.10 / 543.55 x121.88 x184.64 x
Total No. of Applications: 1,04,260 (Approx)

GB Logistics Commerce Valuations

EPS Pre IPO

₹8.48/-

EPS Post IPO

₹6.17/-

P/E Pre IPO

12.03

P/E Post IPO

16.53

ROE

27.36%

ROCE

14.51%

Debt/Equity

0.88

RoNW

27.36%

Price to Book Value

3.29

GB Logistics Commerce Company Financials All values are in ₹ Lakh

30-Sep-2431-Mar-24
Assets59.2858.6
Revenue50.85115.63
Profit After Tax2.534.86
Net Worth20.5517.77
Reserves & Surplus14.8112.04
Total Borrowing20.0715.72

About The 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.

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GB Logistics Commerce - Promoter(s)

Pre Issue Share Holding: 74.85%

Post Issue Share Holding: %

Company Promoter(s)
  1. Prashant Natwarlal Lakhan

GB Logistics Commerce IPO - Issue Objectives

  1. Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company
  2. Working Capital Requirements
  3. Fund expenditure towards the purchase of truck chassis and truck bodies
  4. General corporate purposes

Other Details

Company Contact Details

GB Logistics Commerce

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

Phone: +91 9881078877

Email: info@gblogisticsindia.com

Website: https://gblogisticsindia.com/

Registrar Contact Details

Maashitla Securities Private Limited

Phone: +91-11-45121795-96

Email: Investor.ipo@maashitla.com

Website: https://maashitla.com/allotment-status/public-issues

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. The size of GB Logistics Commerce Limited IPO is 24,57,600 shares(aggregating up to ₹25.07 Cr).

Ans. The IPO price band is set between ₹95-102 per equity share.

Ans. To apply for GB Logistics Commerce Limited IPO 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 allotment status for GB Logistics Commerce Limited IPO here.