GB Logistics IPO Details
The key details of GB Logistics’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹25.07 Cr |
| Price Range | ₹95 - ₹102 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 1200 |
| Investment (cut-off price) | ₹1,22,400 |
| Pre IPO Promotor Holding | 74.85% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
GB Logistics IPO Timelines
The IPO process for GB Logistics includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
24/01/2025
Start Date28/01/2025
End Date30/01/2025
Refund Initiation30/01/2025
Credit of Shares to Demat Ac31/01/2025
Listing DateGB Logistics IPO Lot Size
The GB Logistics IPO has a fixed lot size of 1,200 shares, at an upper price band of ₹102 per share, requiring ₹122,400 per lot for retail investors. For HNI investors, the minimum application is 2,400 shares (2 lots) amounting to ₹244,800.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹1,22,400 |
| Retail Maximum | 1 | 1200 | ₹1,22,400 |
| HNI Minimum | 2 | 2400 | ₹2,44,800 |
GB Logistics IPO Subscription Status
The subscription status for GB Logistics IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 25.10x | 543.18x | 115.29x | -- | 181.27x |
IPO Performance on Listing Day
On the listing day (January 31, 2025), GB Logistics made a disappointing debut on the stock exchange. The stock opened at ₹81.6, recording a significant discount of 20% from its issue price of ₹102. Throughout the session, despite touching a high of ₹85.65, the stock remained under pressure, hitting a low of ₹77.55. The shares ended at ₹81.05, posting a loss of 20.5% from the issue price, indicating weak market sentiment towards this logistics player.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹81.60 | ₹81.05 | ₹85.65 | ₹77.55 |
GB Logistics IPO Company Financials
GB Logistics reports robust performance in FY2024 with Total Income of ₹115.63 crores, managing expenses at ₹108.87 crores, and achieving a strong PAT (Profit After Tax) of ₹4.86 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2024 | ₹115.63 | ₹108.87 | ₹4.86 |
| FY 2025 (6 M) | ₹50.85 | ₹47.46 | ₹2.53 |
About Company
GB Logistics Commerce Limited, founded on December 24, 2019, by Mr. Prashant Natwarlal Lakhani, specializes in full truckload freight services for large and medium-sized enterprises. The company combines proprietary and third-party transportation solutions to efficiently manage logistics operations, offering comprehensive cargo movement services to businesses across various sectors. Originally named “GB Logistics Private Limited,” the company rebranded to its current name to better reflect its evolving business scope.
In addition to logistics, GB Logistics Commerce Limited is also involved in the trading of agricultural commodities. The company prioritizes exceptional customer service and operational excellence in all its ventures. Its wholly-owned subsidiary, GB Hospitality (India) Private Limited, shares this commitment to high-quality service in a related business field, reinforcing the company’s dedication to delivering value across multiple sectors.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2019 | Logistics | Prashant Lakhani |
Know Before Investing
GB Logistics IPO Strengths
- GB Logistics Commerce Limited maintains a strong fleet of trucks, ensuring reliable and timely delivery services. The company’s well-established logistics infrastructure enables smooth operations and efficient handling of large cargo volumes, enhancing its competitive edge.
- GB Logistics Commerce Limited has a team that is highly skilled and experienced, and it has an extensive understanding of the logistics and transportation sectors. The company’s skilled management group can effectively navigate obstacles and make well-informed judgments, which promotes resilience and adaptation.
- By forming strategic alliances with other transportation providers, GB Logistics Commerce Limited has expanded its service offerings and guaranteed flexibility in satisfying client requests. Through these alliances, the business strengthens its position in the market and may take advantage of synergies to drive long-term growth.
- There are several opportunities for GB Logistics Commerce Limited to grow its market share by offering its services in new geographic areas. The organisation may enhance its market share and leverage new possibilities by deliberately focusing on growth areas.
GB Logistics IPO Risks
- GB Logistics Commerce Limited’s P/E ratio may not align with industry peers, potentially impacting investor perception and share price stability, leading to market volatility.
- The company’s dependence on third-party services exposes it to external risks, such as pricing fluctuations or service disruptions, which may compromise service quality and reliability.
- Ensuring full compliance with evolving industry regulations presents challenges for GB Logistics Commerce Limited, with potential legal and operational repercussions if compliance standards are not met, posing a threat to the company’s reputation and financial stability.
- Dependency on leased premises and geographic concentration in Maharashtra expose GB Logistics Commerce Limited to risks such as lease renewal uncertainties, regional disruptions, and adverse weather conditions, impacting operational continuity and financial stability.
Swot Analysis for GB Logistics IPO
Strengths
Robust fleet and infrastructure, Experienced management team, Strong financial performance
Weaknesses
Limited product portfolio, High competition in logistics sector, Dependence on key clients
Opportunities
Expansion into new markets, Growing demand for logistics services, Technological advancements in transportation
Threats
Economic downturn affecting demand, Regulatory changes impacting operations, Intense competition from established players
Company Details
GB Logistics Commerce Limited
B-3, Saptak Plaza, Shivaji Nagar, Nagpur 440010
Phone: 9881078877
Email: info@gblogisticsindia.com
Website: https://gblogisticsindia.com/
IPO Registar Details
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
FAQs
The key objectives of GB Logistics IPO are:
- ₹500 lakh to reduce debt and improve financial flexibility.
- ₹937.77 lakh for working capital to support operations and growth.
- ₹380 lakh to purchase truck chassis and bodies, enhancing fleet capacity.
- Remainder for general corporate purposes and strategic initiatives.
SKI Capital Services Limited is the book-running lead managers for the GB Logistics IPO.