BLT Logistics IPO Details
The key details of BLT Logistics’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹9.72 Cr |
| Price Range | ₹71 - ₹75 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 3,200 |
| Investment (cut-off price) | ₹2,40,000 |
| Pre IPO Promotor Holding | 99.95% |
| Post IPO Promotor Holding | 72.94% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
BLT Logistics IPO Timelines
The IPO process for BLT 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.
04/08/2025
Start Date06/08/2025
End Date08/08/2025
Refund Initiation08/08/2025
Credit of Shares to Demat Ac11/08/2025
Listing DateBLT Logistics IPO Lot Size
The BLT Logistics IPO has a fixed lot size of 1,600 shares, at an upper price band of ₹75 per share. For retail investors, the minimum and maximum application is 3,200 shares (2 lots) amounting to ₹2,40,000. For S-HNI investors, the minimum application is 4,800 shares (3 lots) worth ₹3,60,000, while the maximum is 12,800 shares (8 lots) amounting to ₹9,60,000. B-HNI investors need to apply for at least 14,400 shares (9 lots) totaling ₹10,80,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 3200 | ₹2,40,000 |
| Retail Maximum | 2 | 3200 | ₹2,40,000 |
| S-HNI Minimum | 3 | 4800 | ₹3,60,000 |
| S-HNI Maximum | 8 | 12800 | ₹9,60,000 |
| B-HNI Minimum | 9 | 14400 | ₹10,80,000 |
BLT Logistics IPO Subscription Status
The subscription status for BLT 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 |
|---|---|---|---|---|
| 81.80x | 1,017.63x | 637.20x | -- | 560.69x |
IPO Performance on Listing Day
On its listing day (August 11, 2025), BLT Logistics IPO delivered a strong debut on the exchanges. The stock opened at ₹90.95, reflecting a premium of 21.27% over the issue price of ₹75. It gained further momentum to touch an intraday high of ₹95.49 which was also its closing price, while the day’s low remained at the opening level of ₹90.95. The stock closed the day with a gain of 27.32% over the issue price, indicating robust investor demand and positive market sentiment towards the company.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹90.95 | ₹95.49 | ₹95.49 | ₹90.95 |
BLT Logistics IPO Company Financials
BLT Logistics reports robust performance in FY2024 with Total Income of ₹40.04 crores, managing expenses at ₹36.52 crores, and achieving a strong PAT (Profit After Tax) of ₹2.65 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹21.15 | ₹20.88 | ₹0.14 |
| FY 2023 | ₹31.72 | ₹29.73 | ₹1.35 |
| FY 2024 | ₹40.04 | ₹36.52 | ₹2.65 |
About Company
Incorporated in 2011, BLT Logistics Limited specializes in surface transportation and warehousing services for a wide range of industries. Its logistics operations are supported by a mix of its own fleet and third-party operators, including its 99.99% subsidiary, Sabarmati Express India Private Limited. As of March 31, 2024, the company operates a fleet of 90 vehicles ranging from 3.5MT to 18MT, along with 15 additional 9MT vehicles under Sabarmati. BLT provides B2B transportation solutions such as Full Truck Load (FTL), Less than Truck Load (LTL), project cargo movement, and packing and moving services, supported by advanced logistics technology to ensure efficiency and security.
In 2023, BLT Logistics expanded into warehousing services, operating from three leased, strategically located facilities. These warehouses cater to industries like electronics, retail, food, and multinational corporations, offering detailed inventory tracking and reporting through Management Information Systems (MIS). As of the end of March 2024, the company employed 37 staff members to support its transportation and warehousing operations.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2011 | Logistics | Krishan Kumar |
Know Before Investing
BLT Logistics IPO Strengths
- BLT Logistics specializes in bulk goods surface transportation using containerized trucks, catering to diverse sectors like FMCG, textiles, and consumer durables, which reflects operational domain expertise and a stable B2B client base.
- The company provides not just transportation but also warehousing, packing and moving, and project cargo services, ensuring end-to-end logistics solutions for its customers.
- As of March 2024, the company operated 90 vehicles (owned and leased) with capacities ranging from 3.5MT to 18MT, supplemented by additional vehicles through its subsidiary, ensuring quick scalability and responsive operations.
- The firm supplements its owned fleet by leasing vehicles from third parties and working with small fleet owners, balancing scalability with manageable capital outlay.
- Recent expansion into warehousing solutions offers cross-selling advantages and deepens client integration, as more businesses seek bundled logistics and storage services.
BLT Logistics IPO Risks
- A significant portion of BLT Logistics’ revenue is derived from a limited number of key B2B clients. Loss or reduction in business from major customers could materially affect revenues and profitability.
- The company supplements its own fleet by leasing vehicles from third-party operators and its subsidiary. Disruptions or unfavorable terms in leased vehicle arrangements could interrupt operations or increase costs.
- BLT Logistics’ operations are working capital intensive, with substantial funds tied up in inventory, receivables, and vehicle procurement. Inefficiencies or delays in collections may strain liquidity and necessitate more borrowing.
- Rising costs of fuel, vehicle maintenance, and regulatory expenses directly impact operating margins if not passed on to customers through pricing adjustments.
- Operations are concentrated in certain regions with key warehouses in Gurugram, Thane, and Bengaluru. Regional disruptions (economic, regulatory, or infrastructural) could disproportionately affect performance.
- Changes in regulations regarding transportation, warehousing, taxation, or environmental standards can increase compliance costs or restrict certain business activities.
Swot Analysis for BLT Logistics IPO
Strengths
Integrated Logistics Solutions, Strong Client Relationships, Operational Efficiency and Growth
Weaknesses
Limited Scale Compared to Industry Giants, Regional and Warehouse Concentration, Low Direct Brand Visibility
Opportunities
Growth in Organized Logistics and E-Commerce, Geographical Diversification, B2C Service Diversification
Threats
Intense Competition, Regulatory and Policy Risks, Cargo Theft and Security Risks
Company Details
BLT Logistics Ltd.
Plot No 304 A/2 Kh 14/20/1 F/F, Patel Garden, Kakrola, South West Delhi, New Delhi, Delhi, India, 110078.
Phone: +91 11 3545 4842
Email: cs@bltlogistics.com
Website: http://www.bltlogistics.com/
IPO Registar Details
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
FAQs
The key objectives of BLT Logistics IPO are:
- Funding capital expenditure requirement of their company towards purchase of trucks (“Vehicles”) and ancillary equipment (“Equipment”)
- To Meet Working Capital Requirements
- General Corporate Purpose
Beeline Capital Advisors Pvt Ltd is the book-running lead managers for the BLT Logistics IPO.
BLT Logistics has shown consistent growth with revenue nearly doubling from ₹20.94 crore in FY22 to ₹40.35 crore in FY24 and net profit rising sharply from ₹0.14 crore to ₹3.13 crore, indicating improved scalability and operational efficiency. While margins remain modest and scale is limited compared to larger peers, the company’s upward trajectory and expanding footprint suggest strong growth potential in the competitive logistics sector driven by increasing demand for efficient transport solutions.
The issue price for the BLT Logistics IPO is set between ₹71 to ₹75 per share.
To invest in two lot of BLT Logistics IPO, you need ₹2,30,400 at the lower price band (₹72 per share) or ₹2,40,000 at the upper price band (₹75 per share) for a lot size of 3200 shares.
BLT Logistics IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on August 11, 2025.
Refund/unblocking of funds for BLT Logistics IPO will begin on August 8, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your BLT Logistics IPO shares on listing day (August 11, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.