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GB Logistics Commerce IPO
IPO Details
- Open Date
24 Jan 2025
- Close Date
28 Jan 2025
- IPO Price Range
₹ 95 to ₹ 102
- IPO Size
₹ 25.07 Cr
- Listing Exchange
BSE SME
- Listing Date
31 Jan 2025
IPO Timeline
GB Logistics Commerce IPO Subscription Status
Date | QIB | NII | Retail | TOTAL |
---|---|---|---|---|
24-Jan-25 | 7 | 3.64 | 6.14 | 5.85 |
27-Jan-25 | 7 | 8.38 | 16.64 | 12.12 |
28-Jan-25 | 25.1 | 543.55 | 121.88 | 184.64 |
Last Updated: 28 January 2025 6:21 PM by 5Paisa
GB Logistics Commerce Limited specializes in logistics services, offering a fleet of vehicles, qualified drivers, and a flexible charter network for efficient transportation. It provides full truckload freight services to large and medium-sized enterprises, including special handling and remote deliveries. The company also engages in trading agricultural commodities, diversifying income. With 39 employees, its strengths include robust infrastructure, expertise, and strategic partnerships.
Established in: 2019
Founder: Mr. Prashant Natwarlal Lakhani
Peers
VRL Logistics Ltd
Ritco Logistics Ltd
Orissa Bengal Carrier Ltd
Objectives
1. Partial Prepayment or repayment of borrowings
2. Working capital requirements
3. Fund expenditure to purchase truck chassis and truck bodies
4. General corporate purposes
GB Logistics IPO Size
Types | Size |
---|---|
Total IPO Size | ₹25.07 Cr. |
Offer For Sale | - |
Fresh Issue | ₹25.07 Cr. |
GB Logistics IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 1,200 | 114,000 |
Retail (Max) | 1 | 1,200 | 114,000 |
HNI (Min) | 2 | 2,400 | 228,000 |
GB Logistics IPO Reservation
Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
---|---|---|---|---|
QIB | 25.1 | 4,66,800 | 1,17,16,800 | 119.51 |
NII (HNI) | 543.55 | 3,50,400 | 19,04,60,400 | 1,942.70 |
Retail | 121.88 | 8,17,200 | 9,95,98,800 | 1,015.91 |
Total** | 184.64 | 16,34,400 | 30,17,76,000 | 3,078.12 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
GB Logistics IPO Anchor Allocation
Anchor Bid Date | 23 January, 2025 |
Shares Offered | 6,99,600 |
Anchor portion Size (In ₹ Cr.) | 7.14 |
Anchor lock-in period end date for 50% shares (30 Days) | 28 February, 2025 |
Anchor lock-in period end date for remaining shares (90 Days) | 29 April, 2025 |
Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
---|---|---|---|
Revenue | 17.32 | 40.44 | 64.46 |
EBITDA | 1.51 | 1.52 | 9.27 |
PAT | 0.96 | 0.77 | 3.60 |
Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
---|---|---|---|
Total Assets | 11.49 | 21.89 | 48.36 |
Share Capital | 0.01 | 0.01 | 5.74 |
Total Borrowings | 1.18 | 4.92 | 11.63 |
Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
---|---|---|---|
Net Cash Generated From / (used in) operating activities | 0.43 | -2.47 | -15.92 |
Net Cash Generated From / (used in) investing activities | -1.49 | 0.15 | -2.05 |
Net Cash Generated From / (used in) financing activities | 0.89 | 3.48 | 16.86 |
Net Increase (Decrease) In Cash And Cash Equivalents | -0.17 | 1.16 | -1.11 |
Strengths
1. Strong fleet and vehicle infrastructure for efficient logistics management.
2. Expertise in full truckload and specialized transportation services.
3. Strategic partnerships enhancing business growth and operational flexibility.
4. Capable of handling remote and challenging delivery locations.
5. Diverse revenue streams through agricultural commodity trading.
Risks
1. Dependence on third-party resources for transportation can impact consistency.
2. Limited scalability due to fleet size and infrastructure constraints.
3. Exposure to fluctuations in the agricultural commodities market.
4. Vulnerability to economic downturns affecting logistics demand.
5. Operational complexities in managing diverse business segments.
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FAQs
GB Logistics IPO opens from 24 January 2025 to 28 January 2025.
The size of GB Logistics IPO is ₹25.07 Cr.
The price of GB Logistics IPO is fixed at ₹95 to ₹102 per share.
To apply for GB Logistics IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the GB Logistics IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of GB Logistics IPO is 1,200 shares and the investment required is ₹114,000.
The share allotment date of GB Logistics IPO is 29 January 2025
The GB Logistics IPO will be listed on 31 January 2025.
SKI Capital Services Ltd is the book running lead manager for GB Logistics IPO.
GB Logistics plans to utilise the raised capital from the IPO for:
1. Partial Prepayment or repayment of borrowings
2. Working capital requirements
3. Fund expenditure to purchase truck chassis and truck bodies
4. General corporate purposes
Contact Information
GB Logistics Commerce
GB Logistics Commerce Limited
B-3,
Saptak Plaza,
Shivaji Nagar, Nagpur 440010
Phone: 9881078877
Email: info@gblogisticsindia.com
Website: https://gblogisticsindia.com/
GB Logistics Commerce IPO Register
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
GB Logistics Commerce IPO Lead Manager
SKI Capital Services Limited