GB Logistics Limited IPO aims to raise Rs 25.07 Crores through this offering, with a fresh issue of 24,57,600 Equity Shares. The face value of the equity shares Rs 10 each, with a price band ranging from Rs 95 to Rs 102 per share. The minimum order quantity is 1200 shares, translating to a minimum investment of Rs 122400. Retail quota is 33.25%, QIB is 18.99% and HNI is not less then 14.26%. GB Logistics Limited IPO List on BSE on 31 January 2025
The book running lead manager for this IPO is SKI Capital Service Limited, ensuring a smooth and efficient process for all investors. Axis Bank Limited have been appointed as the sponsor bank, providing support for the IPO’s financial transactions. Additionally, the official registrar for the IPO is Maashitla Securities Private Limited, offering reliable services for all share-related processes.
GB Logistics IPO Key Dates
GB Logistics IPO open date is 24 Jan 2025 and close date is 28 Jan 2025
| IPO Open Date | 24-Jan-2025 |
| IPO Close Date | 28-Jan-2025 |
| Allotment | 29-Jan-2025 |
| Credit of Share to Demat | 30-Jan-2025 |
| Listing Date | 31-Jan-2025 |
GB Logistics IPO Financial Information
All the figures below are in lakhs.
| Item | 30-Sep-2024 | 31-Mar-2024 |
|---|---|---|
| Assets | 5,927.6 | 5,860.1 |
| Borrowing | 2007 | 1573 |
| Reserve & s. | 1,481.3 | 1,777.4 |
| Income | 5,085.3 | 11,563.3 |
| Expenses | 4,745.8 | 10,886.7 |
| PBT | 339.49 | 676.53 |
| PAT | 252.80 | 486.24 |
GB Logistics IPO Key Indicator
All the figures provided below are based on the financial statement as of march 31 2024
(D) – Diluted
| EPS (D) | 8.48 |
| RoNW | 27.36% |
| NAV | 30.98 |
| PAT Margin | 4.21% |
| P/E (D) | 12.03 |
| ROE | 27.36% |
| ROCE | 14.51% |
GB Logistics IPO Peer Comparison
All the figures below are in Lakhs.
| Name | ROE % | Debt | P/E | ROCE % |
|---|---|---|---|---|
| GB Logistics | 27.36% | 1,572.4 | – | 14.51% |
| VRL Logistics | 9.42% | 27,927.9 | 56.74 | 7.27% |
| Ritco Logistics | 17.99% | 25,877.1 | 30.60 | 7.41% |
| Orissa Bengal | 4.12% | 1364.9 | 32.90 | 3.58% |
OBJECTS OF THE ISSUE
Our Company proposes to utilize the funds which are being raised towards funding the following objects and achieve the benefits of listing on the BSE SME Platform.
1. Prepayment or repayment of a portion of certain outstanding borrowings availed by our Company;
2. Working Capital Requirements;
3. Fund expenditure towards purchase of truck chassis and truck bodies;
4. General corporate purposes; and
Book Running Lead Manager
SKI CAPITAL SERVICES LIMITED
SEBI Registration No.: INM000012768
Address: 718, Dr Joshi Road, Karol Bagh, New Delhi- 110005
Telephone No: +91-011-41189899
Website: skicapital.net
Email ID: glcl@skicapital.net
Contact Person: Mr. Manick Wadhwa / Mr. Ghanisht Nagpal
Registrar of the Issue
MAASHITLA SECURITIES PRIVATE LIMITED
SEBI Registration No.: INR000004370
Address : 451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura,
Delhi-110034
Tel No: +91 -11-4512-1795;
Email: investor.ipo@maashitla.com
Website: https://www.maashitla.com/
Contact Person: Mr. Mukul Agrawal
For more upcoming IPO Click here.