Sunsky Logistics Limited is an integrated logistics solutions provider offering end-to-end supply chain services across global markets. The company specializes in third-party logistics (3PL), catering to diverse needs such as freight forwarding, cargo handling, door-to-door distribution, multi-transport operations, and customs clearance.
A major milestone in its journey was the grant of a Multimodal Transport Operator (MTO) license in 2021, enabling Sunsky to seamlessly move goods via rail, road, air, and sea. Expanding its international footprint, the company became a member of World Shipping Alliance (WSA) and Bling Logistics Network Inc. It further strengthened its global presence by obtaining the Ocean Transportation Intermediary (OTI) certification from the U.S. Federal Maritime Commission (FMC) in 2022.
Beyond regular freight, Sunsky also focuses on project cargo handling, managing specialized and heavy equipment movements with tailored planning. During FY 2025, the company successfully provided logistics services across multiple countries, including the USA, Uganda, UAE, Oman, Guatemala, Australia, and Iraq.
Key Services Offered:
- Ocean Freight Forwarding
- Air Freight Forwarding
- Project Cargo Handling
- Customs Clearance
- Door-to-Door Delivery
- Inland Transportation
As of July 31, 2025, Sunsky Logistics operated with a lean workforce of 9 employees, emphasizing efficiency and specialized expertise in delivering reliable logistics solutions.
Sunsky Logistics IPO – Details
| IPO Opening Date | 30 September 2025 |
| IPO Closing Date | 03 October 2025 |
| Issue Type | Fixed Price IPO |
| Issue Size | Total Issue: 36,60,000 Shares Worth ₹16.84 Crore Fresh Issue: 36,60,000 Shares Worth ₹16.84 Crore |
| Face Value | ₹2 per equity share |
| IPO Price | ₹46 per share |
| Market Lot | 3000 Shares |
| Min Order | 3000 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Kfin Technologies Ltd. |
| NII Shares Offered | 50% |
| Retail Shares Offered | 50% |
Sunsky Logistics IPO – Date Schedule
| IPO Open Date | 30 September 2025 |
| IPO Close Date | 03 October 2025 |
| Basis of Allotment | 06 October 2025 |
| Initiation of Refund | 07 October 2025 |
| Credit of Shares to Demat | 07 October 2025 |
| IPO Listing Date | 08 October 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 03, 2025 |
Sunsky Logistics IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 6,000 | ₹2,76,000 |
| Retail (Max) | 2 | 6,000 | ₹2,76,000 |
| S-HNI (Min) | 3 | 9,000 | ₹4,14,000 |
Competitive Strength
- Strong relationship with diverse customer base.
- Wide range of logistics services and solutions.
- Existing agency network and arrangements.
- Strong knowledge and expertise of the promoters.
Company Promoters
- Akash A Shah
- Shah Vaibhavi Akash
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹19.38 Cr | ₹18.95 Cr | ₹0.31 Cr | ₹1.13 Cr |
| 31 March 2024 | ₹14.81 Cr | ₹13.14 Cr | ₹1.25 Cr | ₹1.77 Cr |
| 31 March 2025 | ₹22.27 Cr | ₹18.82 Cr | ₹2.59 Cr | ₹2.03 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 79.42% |
| ROCE | 59.34% |
| Debt/Equity | 0.45 |
| RoNW | 57.16% |
| PAT Margin | 11.74% |
| EBITDA Margin | 16.81% |
| Price to Book Value | 8.91 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 2.95 | 3.31 |
| P/E (x) | 15.60 | 13.91 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Purchase of Flatbed Trailers. | ₹6.42 |
| Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company. | ₹3.50 |
| To meet incremental Working Capital requirements. | ₹2.75 |
| General Corporate Purposes. | ₹2.52 |
✅Strengths
- Provides integrated logistics solutions with diverse services (ocean/air freight, customs clearance, inland transport, project cargo).
- Holds MTO license and OTI certification, enabling international operations.
- Strong global network via WSA and Bling Logistics membership.
- Rapid revenue growth and presence across multiple countries.
⚠️Risks
- High dependence on a few customers for major revenue.
- Working capital intensive business with unsecured loans.
- Very small workforce (9 employees) may limit scalability.
- Relies on regulatory approvals; any lapse could impact operations.
Sunsky Logistics IPO Promoter Holding
| Pre Issue Share Holding | 95.00% |
| Post Issue Share Holding | 67.05% |
Sunsky Logistics IPO Prospectus
Company Contact Information
| Sunsky Logistics Ltd. T.F-316, I Square, Nr. Shukan Mall Cross Road Sola Ahmedabad, Gujarat, 380060 Phone: +91-9737166446 Email: cs@sunskylogistics.com Website: http://www.sunskylogistics.com/ |
Sunsky Logistics IPO Registrar
| Kfin Technologies Ltd. Phone: 04067162222, 04079611000 Email: sunsky.ipo@kfintech.com Website: https://ipostatus.kfintech.com/ |
Sunsky Logistics IPO Lead Manager(s)
| 1. Nirbhay Capital Services Pvt.Ltd. |
Sunsky Logistics IPO FAQ
| What is Sunsky Logistics IPO? Sunsky Logistics IPO is an SME IPO. The issue is priced at ₹46 per equity share. The IPO is to be listed on BSE SME. |
| When Sunsky Logistics IPO will open? The IPO is to open on 30 September 2025 for NII and Retail Investors. |
| What is Sunsky Logistics IPO Investors Portion? The investors’ portion for NII – 50% and Retail – 50%. |
| What is the Sunsky Logistics IPO Size? Sunsky Logistics IPO size is ₹16.84 Crore. |
| What is Sunsky Logistics IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 6,000 Shares with ₹2,76,000 amount, while the maximum bid is 6,000 Shares with ₹2,76,000. |
| What is the Sunsky Logistics IPO Allotment Date? Sunsky Logistics IPO allotment date is 06 October 2025. |
| What is the Sunsky Logistics IPO Listing Date? Sunsky Logistics IPO listing date is 08 October 2025. The IPO is to be listed on the BSE SME. |
