GB Logistics IPO Overview
GB Logistics IPO is a book built issue of 24.58 lakh shares. The issue is entirely a fresh issue of 24.58 lakh shares.
GB Logistics IPO opens for subscription on January 24, 2025 and closes on January 28, 2025. The allotment for the GB Logistics IPO is expected to be finalized on Wednesday, January 29, 2025. GB Logistics IPO will list on BSE SME with tentative listing date fixed as Friday, January 31, 2025.
GB Logistics IPO price bands are yet to be announced.
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 IPO Important dates
GB Logistics IPO opens on January 24, 2025, and closes on January 28, 2025.
IPO Open Date | Friday, January 24, 2025 |
IPO Close Date | Tuesday, January 28, 2025 |
Basis of Allotment | Wednesday, January 29, 2025 |
Initiation of Refunds | Thursday, January 30, 2025 |
Credit of Shares to Demat | Thursday, January 30, 2025 |
Listing Date | Friday, January 31, 2025 |
Cut-off time for UPI mandate confirmation | 5 PM on January 28, 2025 |
GB Logistics IPO Financial Performance
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 |
GB Logistics IPO Key Performance Indicator
KPI | Values |
---|---|
ROE | 27.36% |
ROCE | 14.51% |
Debt/Equity | 0.88 |
RoNW | 27.36% |
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 Lot Size
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 Details
IPO Date | January 24, 2025 to January 28, 2025 |
Listing Date | [.] |
Face Value | ₹10 per share |
Price Band | [.] to [.] per share |
Lot Size | |
Total Issue Size | 24,57,600 shares (aggregating up to ₹[.] Cr) |
Fresh Issue | 24,57,600 shares (aggregating up to ₹ [.] 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 Company Overview and Services
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.
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.
Competitive Strength:
- Robust Fleet and Infrastructure
- Expertise and Experience
- Strategic Partnerships
GB Logistics IPO SWOT Analysis
Strengths:
- Experienced Management Team: A seasoned leadership team with a proven track record in the logistics industry can provide valuable guidance and drive growth.
- Strong Financial Performance: Consistent profitability and a healthy balance sheet can instill confidence in investors.
- Unique Products or Services: Offering innovative or differentiated products/services can create a competitive advantage and attract customers.
- Established Market Position: A strong brand presence and a loyal customer base can provide a solid foundation for future growth.
Weaknesses:
- Limited Product Portfolio: A narrow product or service offering can limit growth potential and make the company vulnerable to market fluctuations.
- High Competition: Intense competition from established players can erode market share and profitability.
- Dependence on Key Customers: Reliance on a few large customers can expose the company to significant risks if those relationships sour.
- Geographical Concentration: A limited geographical presence can restrict growth opportunities and increase vulnerability to regional economic downturns.
Opportunities:
- Expanding into New Markets: Exploring new geographical markets or targeting new customer segments can unlock significant growth potential.
- Product Diversification: Introducing new products or services can broaden the company’s revenue streams and reduce reliance on existing offerings.
- Technological Innovation: Embracing new technologies can improve efficiency, enhance customer experience, and create new revenue opportunities.
- Strategic Acquisitions: Acquiring complementary businesses can accelerate growth, expand market share, and enhance competitive position.
Threats:
- Economic Downturn: A slowdown in economic activity can negatively impact consumer spending and demand for the company’s products/services.
- Changing Regulatory Environment: New regulations or changes in existing regulations can increase costs and impact the company’s operations.
- Technological Disruption: Rapid technological advancements can quickly obsolete existing products or services, requiring significant investments in R&D.
- Natural Disasters and Other Unforeseen Events: Unexpected events can disrupt operations, damage infrastructure, and negatively impact the company’s financial performance.
GB Logistics IPO GMP Details
GB Logistics SME IPO last GMP is ₹0, last updated Jan 20th 2025 07:49 AM. With the price band of 102.00, GB Logistics SME IPO’s estimated listing price is ₹102 (cap price + today’s GMP).The expected percentage gain/loss per share is 0.00%.
We update GMP on a daily basis and based on last 4 sessions grey market activities, today IPO GMP trend, no major movement is observed in GMP, expect same trend till listing day. Stay with us to know the daily price trend of GB Logistics SME IPO GMP with expected listing price.
GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price | Last Updated |
---|---|---|---|---|---|
20-01-2025 | 102.00 | ₹0 | — | ₹102 (0%) | 20-Jan-2025 |
19-01-2025 | ₹0 | — | ₹ (0%) | 19-Jan-2025 | |
18-01-2025 | ₹0 | — | ₹ (0%) | 18-Jan-2025 | |
17-01-2025 | ₹0 | — | ₹ (0%) | 17-Jan-2025 |
What is IPO GMP?
The grey market premium (GMP) reflects the unofficial trading price of an IPO before its listing, offering insights into its potential market performance. A positive GMP indicates that the IPO may yield profits, while a negative GMP suggests a possible discount upon listing. However, it’s essential to recognize that IPO GMP can be highly volatile. Therefore, investors should not make decisions solely based on the GMP but should thoroughly assess all relevant factors before investing.
GB Logistics IPO Subscription Status
Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
GB Logistics IPO Allotment status
GB Logistics IPO allotment is expected on Wednesday, January 29, 2025.
GB Logistics IPO allotment status is not available at this time. GB Logistics IPO – The allotment status will be available once the basis of allotment is finalized. Please revisit us to check the latest updates for GB Logistics Commerce Limited IPO allotment status.
GB Logistics IPO Contact Details
GB Logistics Commerce Limited
B-3,
Saptak Plaza,
Shivaji Nagar, Nagpur 440010
Phone: 9881078877
Email: info@gblogisticsindia.com
Website: https://gblogisticsindia.com/
Disclaimer: Investing in Initial Public Offerings (IPOs) involves substantial risk, and financial returns are not guaranteed. The information provided should not be construed as financial or investment advice. Prospective investors are advised to consider their financial situation, investment objectives, and risk tolerance before participating in an IPO. It is recommended to consult with a qualified financial advisor or professional before making any investment decisions. Past performance is not indicative of future results. Investments in IPOs may be subject to market risk, including the potential loss of principal.
Want to Raise money for your company through SME IPO? Read More