GB Logistics Commerce Ltd logo

GB Logistics Commerce IPO

  • Status: Closed
  • RHP:
  • ₹ 114,000 / 1200 shares

    Minimum Investment

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

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GB Logistics Commerce IPO Subscription Status

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

 

Profit and Loss

Balance Sheet

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