BLT Logistics Limited is engaged in providing surface transportation of goods in containerized trucks and warehousing services to various industries and businesses across India.
The company’s logistics operations are supported by its own fleet, its 99.99% subsidiary Sabarmati Express India Private Limited, and by leveraging third-party operators, agents, and small fleet owners to ensure flexible and timely transport solutions.
As of March 31, 2024, BLT directly owns an operational fleet of 90 vehicles (ranging from 3.5MT to 18MT). Additionally, Sabarmati Express India Private Limited operates 15 vehicles (9MT capacity).
Services:
🚚 Transportation & Allied Services:
- Provides B2B transportation services, covering:
- Full Truck Load (FTL)
- Less than Truck Load (LTL)
- Packing & moving
- Project cargo transportation
- Uses a mix of own fleet, subsidiary fleet, and hired third-party trucks.
- Equipped with GPS-enabled tracking systems and fleet management technology to deliver efficient, secure, and cost-effective solutions.
🏢 Warehousing Services:
- Expanded into warehousing in 2023.
- Operates through three strategically located leased warehouses, catering to sectors like electronics, retail, FMCG, food, and multinational corporations.
- Provides clients with detailed inventory MIS reporting, improving visibility and operational control.
As of March 31, 2024, the company has a team of 37 employees overseeing transport, operations, and support functions.
BLT Logistics IPO – Details
| IPO Opening Date | 04 August 2025 |
| IPO Closing Date | 06 August 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 12,96,000 Shares Worth ₹9.72 Crore Fresh Issue: 12,96,000 Shares Worth ₹9.72 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹71 – ₹75 per share |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Skyline Financial Services Private Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
BLT Logistics IPO – Date Schedule
| IPO Open Date | 04 August 2025 |
| IPO Close Date | 06 August 2025 |
| Basis of Allotment | 07 August 2025 |
| Initiation of Refund | 08 August 2025 |
| Credit of Shares to Demat | 08 August 2025 |
| IPO Listing Date | 11 August 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 06, 2025 |
BLT Logistics IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹2,40,000 |
| Retail (Max) | 2 | 3,200 | ₹2,40,000 |
| S-HNI (Min) | 3 | 4,800 | ₹3,60,000 |
| S-HNI (Max) | 8 | 12,800 | ₹9,60,000 |
| B-HNI (Min) | 9 | 14,400 | ₹10,80,000 |
Competitive Strengths
- Long-standing business and track record.
- Strong relationship with diverse customer base.
- Wide range of logistics services and solutions.
- Strong knowledge and experience of our promoters.
Company Promoters
- Krishan Kumar
- Rakesh Kumar
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹31.72 Cr | ₹29.73 Cr | ₹1.35 Cr | ₹7.27 Cr |
| 31 March 2024 | ₹40.04 Cr | ₹36.46 Cr | ₹2.65 Cr | ₹9.52 Cr |
| 31 March 2025 | ₹48.18 Cr | ₹44.08 Cr | ₹3.00 Cr | ₹12.08 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | -30.88% |
| ROCE | 22.34% |
| Debt/Equity | 1.55 |
| RoNW | 43.73 |
| EBITDA Margin | 19.44% |
| Price to Book Value | 2.99 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 15.06 | 10.99 |
| P/E (x) | 4.98 | 6.83 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Funding capital expenditure requirement of our company towards purchase of trucks (“Vehicles”) and ancillary equipment (“Equipment”). | ₹3.88 |
| To Meet Working Capital Requirements. | ₹2.80 |
| General Corporate Purposes. |
✅Strengths
- Experienced promoters & established track record.
- Mix of own and subsidiary fleet plus third-party tie-ups.
- Diverse logistics services: FTL, LTL, project cargo, warehousing.
- Use of GPS and MIS for operational efficiency.
⚠️Risks
- High revenue dependence on top customers.
- Reliance on third-party operators and key suppliers.
- Geographic concentration in select states.
- Competition from larger and unorganized players.
BLT Logistics IPO Promoter Holding
| Pre Issue Share Holding | 99.95% |
| Post Issue Share Holding | 72.94% |
BLT Logistics IPO Prospectus
Company Contact Information
| BLT Logistics Ltd. Plot No 304, A/2 Kh 14/20/1 F/F, Patel Garden, Kakrola, South West Delhi, West Delhi, New Delhi, 110078 Phone: +91 11 3545 4842 Email: cs@bltlogistics.com Website: http://www.bltlogistics.com/ |
BLT Logistics IPO Registrar
| Skyline Financial Services Private Ltd Phone: 02228511022 Email: ipo@skylinerta.com Website: https://www.skylinerta.com/ipo.php |
BLT Logistics IPO Lead Manager(s)
| 1. Beeline Capital Advisors Pvt Ltd |
BLT Logistics IPO FAQ
| What is BLT Logistics IPO? BLT Logistics IPO is an SME IPO. The issue is priced at ₹71 to ₹75 per equity share. The IPO is to be listed on BSE SME. |
| When BLT Logistics IPO will open? The IPO is to open on 04 August 2025 for QIB, NII, and Retail Investors. |
| What is BLT Logistics IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the BLT Logistics IPO? You can apply BLT 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 BLT Logistics IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “BLT 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 BLT Logistics IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “BLT 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 BLT Logistics IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “BLT 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 BLT Logistics IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “BLT 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 the BLT Logistics IPO Size? BLT Logistics IPO size is ₹9.72 Crore. |
| What is the BLT Logistics IPO Price Band? BLT Logistics IPO Price Band is ₹71 to ₹75. |
| What is BLT Logistics IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 3200 Shares with ₹2,40,000 amount, while the maximum bid is 3200 Shares with ₹2,40,000. |
| What is the BLT Logistics IPO Allotment Date? BLT Logistics IPO allotment date is 07 August 2025. |
| What is the BLT Logistics IPO Listing Date? BLT Logistics IPO listing date is 11 August 2025. The IPO is to be listed on the BSE SME. |
