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’s Business Segments:
- 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.
- Trading of Agricultural Commodities: GB Logistics Commerce Limited 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.
GB Logistics IPO – Details
| IPO Opening Date | 24 January 2025 |
| IPO Closing Date | 28 January 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 24,57,600 Shares Worth ₹25.07 Crore Fresh Issue: 24,57,600 Shares Worth ₹25.07 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹95 – ₹102 per share |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Maashitla Securities Private Limited |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
GB Logistics IPO – Date Schedule
| IPO Open Date | 24 January 2025 |
| IPO Close Date | 28 January 2025 |
| Basis of Allotment | 29 January 2025 |
| Initiation of Refund | 30 January 2025 |
| Credit of Shares to Demat Account | 30 January 2025 |
| IPO Listing Date | 31 January 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 28, 2025 |
GB Logistics IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,22,400 |
| Retail (Max) | 1 | 1200 | ₹1,22,400 |
| HNI (Min) | 2 | 2400 | ₹2,44,800 |
Competitive Strengths
- Robust Fleet and Infrastructure.
- Expertise and Experience.
- Strategic Partnerships.
Company Promoters
- Prashant Natwarlal Lakhani
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2024 | 115.63 | 108.86 | 4.86 | 15.72 |
| 30 September 2024 | 50.85 | 47.45 | 2.52 | 20.07 |
Key Performance Indicator
| 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 |
Object Of The Issue
- 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 Promoter Holding
| Pre Issue Share Holding | 74.85% |
| Post Issue Share Holding | – |
GB Logistics IPO Prospectus
Company Contact Information
| 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 |
GB Logistics IPO Lead Manager(s)
| 1. SKI Capital Services Limited |
GB Logistics IPO FAQs
| What is GB Logistics IPO? GB Logistics IPO is a SME IPO. The issue is priced at ₹95 to ₹102 per equity share. The IPO is to be listed on BSE SME. |
| When GB Logistics IPO will open? The IPO is to open on 24 January 2025 for QIB, NII, and Retail Investors. |
| What is GB Logistics IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the GB Logistics IPO? You can apply GB Logistics IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the GB Logistics IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “GB Logistics IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the GB Logistics IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “GB Logistics IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the GB Logistics IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “GB Logistics IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the GB Logistics IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “GB Logistics IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is GB Logistics IPO Size? GB Logistics IPO size is ₹25.07 Crore. |
| What is the GB Logistics IPO Price Band? GB Logistics IPO Price Band is ₹95 to ₹102. |
| What is GB Logistics IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 1200 Shares with ₹1,22,400 amount while the maximum bid is 1200 Shares with ₹1,22,400. |
| What is the GB Logistics IPO Allotment Date? GB Logistics IPO allotment date is 29 January 2025. |
| What is the GB Logistics IPO Listing Date? GB Logistics IPO listing date is 31 January 2025. The IPO is to be listed on BSE SME. |
