Neptune Logitek Limited is an integrated logistics solutions provider in India, delivering end-to-end multimodal transportation services across major trade hubs and industrial regions.
The company operates across five core logistics verticals:
- Freight Forwarding & Customs Clearance
- Air Freight Transportation
- Door-to-Door Multimodal Coastal Forwarding
- Road Transportation
- Rail Transportation
Neptune Logitek uses GPS tracking, real-time fleet monitoring, auto on/off engine control, and a custom ERP system to enhance efficiency and ensure full shipment visibility.
The company has a network of 9 branch offices, strategically located to manage operations, maintenance, cargo handling, and customer servicing.
Neptune also operates a captive petrol pump with 60 KL storage capacity, helping reduce operational costs and ensure uninterrupted fuel availability.
As of March 31, 2025, the company operates 199 fleets, supported by fleet operators across multiple states.
Neptune Logitek IPO – Details
| IPO Opening Date | 15 December 2025 |
| IPO Closing Date | 17 December 2025 |
| Issue Type | Fixed Price IPO |
| Issue Size | Total Issue: 37,00,000 Shares Worth ₹46.62 Crore Fresh Issue: 37,00,000 Shares Worth ₹46.62 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹126 per share |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Bigshare Services Pvt.Ltd. |
| NII Shares Offered | 50% |
| Retail Shares Offered | 50% |
Neptune Logitek IPO – Date Schedule
| IPO Open Date | 15 December 2025 |
| IPO Close Date | 17 December 2025 |
| Basis of Allotment | 18 December 2025 |
| Initiation of Refund | 19 December 2025 |
| Credit of Shares to Demat | 19 December 2025 |
| IPO Listing Date | 22 December 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 17, 2025 |
Neptune Logitek IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹2,52,000 |
| Retail (Max) | 2 | 2,000 | ₹2,52,000 |
| S-HNI (Min) | 3 | 3,000 | ₹3,78,000 |
Competitive Strength
- Integrated logistics service provider.
- Proficient management team.
- Asset-driven business model.
- Seamless Technology Integration for Enhanced Efficiency.
- In-House Maintenance and Direct Procurement.
Company Promoters
- Mr. Ankit Devidas Shah
- Mrs. Reema Ankit Shah
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹187.71 Cr | ₹187.23 Cr | –₹0.18 Cr | ₹38.20 Cr |
| 31 March 2024 | ₹175.76 Cr | ₹175.44 Cr | ₹0.00 Cr | ₹62.48 Cr |
| 31 March 2025 | ₹260.74 Cr | ₹248.42 Cr | ₹9.16 Cr | ₹58.00 Cr |
| 31 August 2025 | ₹105.52 Cr | ₹100.02 Cr | ₹4.02 Cr | ₹56.40 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 14.89% |
| ROCE | 21.25% |
| Debt/Equity | 2.91 |
| RoNW | 45.89% |
| PAT Margin | 3.56% |
| EBITDA Margin | 8.31% |
| Price to Book Value | 6.32 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 9.16 | 7.04 |
| P/E (x) | 13.76 | 17.90 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Funding the capital expenditure requirements of our company towards the Purchase of trucks (“Vehicles”) and ancillary equipment. | ₹33.94 |
| Funding towards Repayment of Loan. | ₹2.00 |
| Funding expenditure for General Corporate Purpose. | ₹6.03 |
✅Strengths
- Integrated logistics player across freight forwarding, customs, air, road, rail & multimodal services.
- Pan-India presence with 9 branches across key ports and logistics hubs.
- Asset-based model with ~199 owned trucks, giving higher control & reliability.
- Strong tech adoption — GPS tracking, real-time monitoring, custom ERP.
- Experienced promoters & management with 13+ years industry expertise.
- Captive petrol pump (60 KL) reduces operating cost and improves efficiency.
- Diversified industry reach across ceramics, agro, chemicals, machinery, etc.
⚠️Risks
- High dependence on fleet health — breakdowns or downtime can disrupt operations.
- Highly competitive logistics industry may pressure margins.
- Strict regulatory environment for customs & freight forwarding.
- Fuel price volatility can impact cost structure.
- Customer concentration — top 10 customers contribute ~25% revenue.
- Supplier concentration — top 2 suppliers form ~95%+ purchases.
- Dependence on key personnel including promoters.
- No dividend history in the last three years.
Neptune Logitek IPO Promoter Holding
| Pre-Issue Share Holding | 99.99% |
| Post Issue Share Holding | 72.99% |
Neptune Logitek IPO Prospectus
Company Contact Information
| Neptune Logitek Ltd. BBZ-N-62/A, WARD 12/A Gandhidham, Kachchh Kachchh, Gujarat, 370201 Phone: +91 9737658111 Email: cs@neptunelogitek.com Website: http://www.neptunelogitek.com/ |
Neptune Logitek IPO Registrar
| Bigshare Services Pvt.Ltd. Phone: +91-22-6263 8200 Email: info@bigshareonline.com Website: https://ipo.bigshareonline.com/IPO_Status.html |
Neptune Logitek IPO Lead Manager(s)
| 1. Galactico Corporate Services Ltd. |
Neptune Logitek IPO FAQ
| What is Neptune Logitek IPO? Neptune Logitek IPO is an SME IPO. The issue is priced at ₹126 per equity share. The IPO is to be listed on BSE SME. |
| When will Neptune Logitek IPO open? The IPO is to open on 15 December 2025 for NII and Retail Investors. |
| What is Neptune Logitek IPO Investors’ Portion? The investors’ portion for NII – 50%, and Retail is 50%. |
| What is the Neptune Logitek IPO Size? Neptune Logitek IPO size is ₹46.62 Crore. |
| What are the Neptune Logitek IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 2000 Shares for ₹2,52,000, while the maximum bid is 2000 Shares for ₹2,52,000. |
| What is the Neptune Logitek IPO Allotment Date? Neptune Logitek IPO allotment date is 18 December 2025. |
| What is the Neptune Logitek IPO Listing Date? Neptune Logitek IPO listing date is 22 December 2025. The IPO is to be listed on the BSE SME. |
