GB Logistics IPO Details: The GB Logistics IPO is scheduled to open on January 24, 2025, and close on January 28, 2025. This Book Built Issue aims to raise approximately ₹25.07 crores, consisting of a fresh issue of ₹25.07 crores and an offer for sale of up to [.] equity shares, each with a face value of ₹10.
The price band for the IPO is set between ₹95 and ₹102 per share. The allocation is divided as follows: 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs). The shares will be listed on the BSE on January 31, 2025, with the IPO allotment date set for January 29, 2025.
In 2024, GB Logistics reported a revenue of ₹115.63 crores and a profit of ₹4.86 crores. Based on the financials, the IPO presents a promising long-term investment opportunity for potential investors.
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 Review (Apply or Not)
- Update soon
GB Logistics IPO Date & Price Band Details:
| IPO Open Date: | January 24, 2025 |
| IPO Close Date: | January 28, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹95 to ₹102 Per Share |
| Issue Size: | Approx ₹25.07 Crores |
| Fresh Issue: | Approx ₹25.07 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
GB Logistics IPO Lot Size:
The minimum market lot for the GB Logistics IPO is 1,200 shares, with an application amount of ₹1,22,400.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹1,22,400 |
| Retail Maximum | 1 | 1200 | ₹1,22,400 |
| S-HNI Minimum | 2 | 2,400 | ₹2,44,800 |
GB Logistics IPO Timeline:
The GB Logistics IPO will open on January 24, 2025, and close on January 28, 2025. The IPO allotment will be finalized on January 29, 2025, with the listing scheduled for January 31, 2025.
| IPO Open Date: | January 24, 2025 |
| IPO Close Date: | January 28, 2025 |
| Basis of Allotment: | January 29, 2025 |
| Refunds: | January 30, 2025 |
| Credit to Demat Account: | January 30, 2025 |
| IPO Listing Date: | January 31, 2025 |
GB Logistics IPO GMP Today:
The latest GMP for the GB Logistics SME IPO is ₹0. With a price band of ₹102.00, the estimated listing price for the IPO is ₹102 (cap price plus today’s GMP). The expected percentage gain or loss per share is 0.00%.
Promoters of GB Logistics IPO
The promoter of GB Logistics IPO is Prashant Natwarlal Lakhani.
About GB Logistics IPO
GB Commerce Limited, founded in 2019, has established a strong reputation in the logistics industry. The company excels in offering transportation services across various industries. Known for its reliability, GB Logistics ensures efficiency by utilizing a fleet of vehicles and qualified drivers, as well as leveraging both its own trucks and partner resources to provide timely and dependable services, which has garnered customer trust.
The company operates in two primary segments: logistics and trading in agricultural commodities. In the logistics sector, it offers Full Truck Load (FTL) services, specialized handling, door-to-door transportation, deliveries to upper floors, and expertise in delivering to remote and hard-to-reach areas (Out of Delivery Area shipments). Additionally, its agricultural commodities segment allows for incidental trading, generating extra revenue. GB Logistics currently employs 39 full-time staff.
GB Logistics IPO Company Financial Report
The company reported revenue of ₹115.63 crores in 2024. The company reported profit of ₹4.86 crores in 2024.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2024 | ₹115.63 | ₹108.87 | ₹4.86 | ₹58.6 |
| September 2024 | ₹50.85 | ₹47.46 | ₹2.53 | ₹59.28 |
GB Logistics IPO Valuation – FY2024
Check GB Logistics IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 27.36% |
| ROCE: | 14.51% |
| EBITDA Margin: | 8.01% |
| PAT Margin: | 4.21% |
| Debt to equity ratio: | 0.88 |
| Earning Per Share (EPS): | ₹8.48 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 27.36% |
| Net Asset Value (NAV): | ₹30.98 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| VRL Logistics Limited | – | 56.74 | – | – | 2888.62 Cr. |
| Ritco Logistics Limited | – | 30.60 | – | – | 933.30 Cr. |
| Orissa Bengal Carrier Limited | – | 32.90 | – | – | 335.18 Cr. |
GB Logistics IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
IPO Lead Managers aka Merchant Bankers
- SKI Capital Services Limited
Company Address
GB Logistics Commerce Limited
B-3,
Saptak Plaza,
Shivaji Nagar, Nagpur 440010
Phone: 9881078877
Email: info@gblogisticsindia.com
Website: https://gblogisticsindia.com/
GB Logistics IPO FAQs
What is GB Logistics IPO?
GB Logistics IPO is an SME IPO through which the company aims to raise ₹25.07 Crores. The issue is priced between ₹95 to ₹102 per equity share, and the IPO will be listed on BSE.
When will GB Logistics IPO open for subscription?
The GB Logistics IPO will open for subscription on January 24, 2025, for QIB, NII, and retail investors. The IPO will close on January 28, 2025.
What is the investor portion for GB Logistics IPO?
The investor portion for GB Logistics IPO is allocated as follows: 50% for QIBs, 15% for NIIs, and 35% for retail investors.
How to apply for the GB Logistics IPO?
You can apply for the GB Logistics IPO online via ASBA through your bank account or via UPI through your stock broker. Alternatively, you can apply offline by filling out the form with your stock broker.
What is the GB Logistics IPO issue size?
The GB Logistics IPO issue size is ₹25.07 crores.
What is the GB Logistics IPO price band?
The price band for the GB Logistics IPO is ₹95 to ₹102 per share.
What is the GB Logistics IPO lot size?
The minimum bid for the GB Logistics IPO is 1,200 shares, with an application amount of ₹1,22,400.
What is the GB Logistics IPO allotment date?
The allotment date for the GB Logistics IPO is January 29, 2025.
What is the GB Logistics IPO listing date?
The listing date for the GB Logistics IPO is January 31, 2025. The IPO will be listed on BSE.
