GB Logistics Commerce Limited IPO (GB Logistics IPO) Detail
GB Logistics IPO is a book built issue of Rs 25.07 crores. The issue is entirely a fresh issue of 24.58 lakh shares.
GB Logistics IPO bidding started from January 24, 2025 and ended on January 28, 2025. The allotment for GB Logistics IPO was finalized on Wednesday, January 29, 2025. The shares got listed on BSE SME on January 31, 2025.
GB Logistics IPO price band is set at ₹102 per share. The minimum lot size for an application is 1200. The minimum amount of investment required by retail investors is ₹1,14,000. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹1,22,400. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹2,44,800.
SKI Capital Services Limited is the book-running lead manager of the GB Logistics IPO, while Maashitla Securities Private Limited is the registrar for the issue.The market maker for GB Logistics IPO is Svcm Securities Private Limited.
Refer to GB Logistics IPO RHP for detailed information.
Gb Logistics Commerce Ltd Stock Quote & Charts
- Open: ₹36.25
- High – Low: ₹36.25 – ₹34.13
- Previous Close: ₹35.92
- Total Traded Value: 40,800.00
- 52 Weeks High: ₹35.92 (Jan 31, 2025)
- 52 Weeks Low: ₹77.55 (Mar 27, 2025)
- Updated On: Jan 31, 2025 4:00 PM
GB Logistics IPO Details
| IPO Date | January 24, 2025 to January 28, 2025 |
| Listing Date | January 31, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹102 per share |
| Lot Size | 1,200 Shares |
| Total Issue Size | 24,57,600 shares (aggregating up to ₹25.07 Cr) |
| Fresh Issue | 24,57,600 shares (aggregating up to ₹25.07 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 57,36,848 shares |
| Share Holding Post Issue | 81,94,448 shares |
| Market Maker Portion | 1,23,600 shares Svcm Securities Private Limited |
GB Logistics IPO Reservation
GB Logistics IPO offers 24,57,600 shares. 4,66,800 (18.99%) to QIB, 3,50,400 (14.26%) to NII, 8,17,200 (33.25%) to RII and 6,99,600 (28.47%) to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| 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 IPO Anchor Investors Details
GB Logistics IPO raises Rs 7.14 crore from anchor investors. GB Logistics IPO Anchor bid date is January 23, 2025. GB Logistics IPO Anchor Investors list
| Bid Date | January 23, 2025 |
| Shares Offered | 6,99,600 |
| Anchor Portion Size (In Cr.) | 7.14 |
| Anchor lock-in period end date for 50% shares (30 Days) | March 2, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | May 2, 2025 |
GB Logistics IPO Timeline (Tentative Schedule)
GB Logistics IPO opens on January 24, 2025, and closes on January 28, 2025.
| IPO Open Date | Fri, Jan 24, 2025 |
| IPO Close Date | Tue, Jan 28, 2025 |
| Tentative Allotment | Wed, Jan 29, 2025 |
| Initiation of Refunds | Thu, Jan 30, 2025 |
| Credit of Shares to Demat | Thu, Jan 30, 2025 |
| Tentative Listing Date | Fri, Jan 31, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 28, 2025 |
GB Logistics IPO 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 |
| HNI (Min) | 2 | 2,400 | ₹2,44,800 |
| Lot Size Calculator | |||
GB Logistics IPO Promoter Holding
| Share Holding Pre Issue | 74.85% |
| Share Holding Post Issue |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
About GB Logistics Commerce Limited
Incorporated in 2019, GB Logistics Commerce Limited is engaged in the business of Logistics.
The company offers qualified drivers, a fleet of vehicles, and a charter network for flexibility, responsiveness, and high-capacity transportation.
The company offers full truckload freight services to large and medium-sized enterprises, leveraging both its own and third-party transportation resources to efficiently manage logistics.
The company operates in two Business Segments Logisticsand Trading of Agricultural Commodities.
In Logistics the company offers Full Truck Load, special handling, godown-to-godown transportation, above-ground floor deliveries, and expertise in Out of Delivery Area (ODA) shipments to remote and challenging locations.
In Trading of Agricultural Commodities the company focuses on logistics near agricultural commodities, capitalizing on incidental trading opportunities to generate additional revenue, and diversifying income while supporting the agricultural and logistics sectors.
As of January 15, 2024, the company has 39 full-time employees.
Competitive Strength:
- Robust Fleet and Infrastructure
- Expertise and Experience
- Strategic Partnerships
Company Financials
GB Logistics Commerce Limited Financial Information (Restated Consolidated)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 59.28 | 58.6 | ||
| Revenue | 50.85 | 115.63 | ||
| Profit After Tax | 2.53 | 4.86 | 0.77 | 0.96 |
| Net Worth | 20.55 | 17.77 | 1.8 | 1.03 |
| Reserves and Surplus | 14.81 | 12.04 | ||
| Total Borrowing | 20.07 | 15.72 | 4.92 | 1.18 |
| Amount in ₹ Crore | ||||
Key Performance Indicator (KPI)
The market capitalization of GB Logistics IPO is Rs 83.58 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| ROE | 27.36% |
| ROCE | 14.51% |
| Debt/Equity | 0.88 |
| RoNW | 27.36% |
| Price to Book Value | 3.29 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 8.48 | 6.17 |
| P/E (x) | 12.03 | 16.53 |
- The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2024 that is available in RHP.
Objects of the Issue (GB Logistics IPO Objectives)
The Company intends to utilize the funds which are being raised towards funding the following objects:
- 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
GB Logistics IPO Review May apply
[Dilip Davda] The company is engaged in providing logistics services and trading in agri commodities. Sudden boost in its bottom lines from FY24 onwards raise eyebrows and concern over its sustainability. It is operating in a highly competitive and fragmented segments. Based on its recent financial performance, the issue appears fully priced. Well-informed investors may park moderate funds for medium term. Read detail review…
GB Logistics IPO Subscription Status (Bidding Detail)
The GB Logistics IPO is subscribed 184.64 times on January 28, 2025 5:04:49 PM (Day 3). The public issue subscribed 121.88 times in the retail category, 25.1 times in the QIB category, and 543.55 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 25.1 | 4,66,800 | 1,17,16,800 | 2 |
| NII* | 543.55 | 3,50,400 | 19,04,60,400 | 140 |
| Retail | 121.88 | 8,17,200 | 9,95,98,800 | 4,182 |
| Total | 184.64 | 16,34,400 | 30,17,76,000 | 1,04,260 |
Total Application : 1,04,260
*Market Maker portion is not included to NII/HNI.
GB Logistics IPO Prospectus
GB Logistics IPO Listing Details
| Listing Date | January 31, 2025 |
| BSE Script Code | 544348 |
| NSE Symbol | |
| ISIN | INE0RWU01016 |
| Final Issue Price | ₹102 per share |
Listing Day Trading Information
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹102.00 |
| Open | ₹81.60 |
| Low | ₹77.55 |
| High | ₹85.65 |
| Last Trade | ₹81.75 |
Check IPO Performance…
GB Logistics Commerce Limited Contact Details
GB Logistics Commerce Limited
B-3,
Saptak Plaza,
Shivaji Nagar, Nagpur 440010
Phone: 9881078877
Email: info@gblogisticsindia.com
Website: https://gblogisticsindia.com/
GB Logistics IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
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