GB Logistics SME: Check IPO Date, Live Subscription and Key Details
GB Logistics Commerce Limited is engaged in the business of Logistics. The company offers qualified drivers, a fleet of vehicles, and a charter network for flexibility, responsiveness, and high-capacity transportation. The company offers full truckload freight services to large and medium-sized enterprises, leveraging both its own and third-party transportation resources to efficiently manage logistics.
Price Range
₹95.0 - ₹102.0
Issue Size
₹25.07 Cr
Lot Size
1,200 shares
IPO Type
BSE SME
GMP
₹16(+15.69%)
Est. Listing Price
₹118
Estimate Profit
₹38,400
Retail Portion
-
Key Metrics
Check Live GMPGMPFace Value
₹10
EPS
6.17
P/E Ratio
16.53
RoNW
27.36%
ROE
27.36%
Debt to Equity
0.88
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Timeline
IPO Opens
24 Jan
IPO Closes
28 Jan
Allotment
29 Jan
Listing
31 Jan
IPO Timeline & Listing Details
| Event | Date | Details |
|---|---|---|
| IPO Open Date | 24 January 2025 | Subscription starts |
| IPO Close Date | 28 January 2025 | Subscription ends |
| Allotment Date | 29 January 2025 | Allotment |
| Listing Date | 31 January 2025 | Listing |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Individual | 2 | ₹2,44,800 |
SHNI (Min) | 3 | ₹3,67,200 |
SHNI (Max) | 8 | ₹9,79,200 |
BHNIAbove ₹10,00,000 | 9 | ₹11,01,600 |
IPO Objectives
- 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.
Strengths
- Well-equipped fleet and vehicle infrastructure for smooth logistics management.
- Expertise in full truckload and specialized transportation services.
- Strategic partnerships that drive business growth and operational flexibility.
- Able to manage deliveries to remote and difficult locations.
- Multiple revenue sources through agricultural commodity trading.
Weaknesses
- Relying on third-party resources for transportation may affect consistency.
- Limited scalability due to fleet size and infrastructure limitations.
- Susceptible to fluctuations in the agricultural commodities market.
- Vulnerable to economic downturns that impact logistics demand.
- Operational challenges in managing various business segments.
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Financial Performance
| Period Ended | 30 Sep 2024 | 31 Mar 2024 |
|---|---|---|
| Assets (₹ Cr.) | 59.28 | 58.6 |
| Revenue (₹ Cr.) | 50.85 | 115.63 |
| PAT (₹ Cr.) | 2.53 | 4.86 |
| Net Worth (₹ Cr.) | 20.55 | 17.77 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| GB Logistics | 3.29 | 16.53 | 27.36% | 20.55 |
| Vrl Logistics | 4.06 | 47.85 | 8.49% | 946 |
Subscription Details
Daily Bids Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 7x | 7x | 25.1x |
| NII | 3.64x | 8.38x | 543.18x |
| RII | 6.14x | 16.64x | 115.29x |
| Total | 5.85x | 12.12x | 181.27x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 4,66,800 | 1,17,16,800 | 119.51 |
| NII | 3,50,400 | 19,03,32,000 | 1,941.39 |
| RII | 8,17,200 | 9,42,15,600 | 961 |
| Total | 16,34,400 | 29,62,64,400 | 3,021.9 |
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Company Details
- GB Logistics Commerce Limited
- B-3, Saptak Plaza, Shivaji Nagar, Nagpur 440010
- +91 9881078877
- info@gblogisticsindia.com
- https://gblogisticsindia.com/
Registrar Details
- Maashitla Securities Private Limited
- +91-11-45121795-96
- investor.ipo@maashitla.com
- https://maashitla.com/allotment-status/public-issues
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