GB Logistics SME IPO Subscription Status
GB Logistics SME IPO closed on 28 January 2025 with an overall subscription of 184.64x based on shares applied. QIB demand came in at 25.10x, NII at 543.18x, and retail at 115.29x.
Allotment will be finalised on 29 January 2025. The stock is scheduled to list on NSE and BSE on 31 January 2025.
Issue Price
Rs 102.00
GMP Today
Rs 16.00 (+15.69%)
Overall Subscription
184.64x
Issue Size
₹25.07 Cr
Allotment Date
29 Jan 2025
Listing Date
31 Jan 2025
GB Logistics SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 102.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 4.76 Cr | Rs 119.51 Cr | 25.10x |
| NII | Rs 3.57 Cr | Rs 1,941.39 Cr | 543.18x |
| IND | Rs 8.34 Cr | Rs 961.00 Cr | 115.29x |
| Total | Rs 16.67 Cr | Rs 3,021.90 Cr | 181.27x |
GB Logistics SME IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 4,66,800 | 1,17,16,800 | 25.10x |
| NII | 3,50,400 | 19,03,32,000 | 543.18x |
| IND | 8,17,200 | 9,42,15,600 | 115.29x |
| Total | 16,34,400 | 29,62,64,400 | 181.27x |
What Do These Subscription Numbers Mean?
A subscription of 184.64x by shares means the IPO received bids for 185 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 25.10x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 25.10x, it reflects serious institutional conviction.
NII at 543.18x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 115.29x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
GB Logistics SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Share subscription: 115.29x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the GB Logistics SME IPO Allotment Status page from 29 January 2025 for your allotment result.
GB Logistics SME IPO GMP After Subscription
GMP for GB Logistics SME stands at Rs 16.00 today, giving an estimated listing price of Rs 118.00 per share.
A subscription of 184.64x combined with a GMP of 15.69% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the GB Logistics SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
GB Logistics SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 24 Jan 2025 | 7.00x | 3.64x | 6.14x | 5.85x |
| Day 2 - 27 Jan 2025 | 7.00x | 8.38x | 16.64x | 12.12x |
| Day 3 - 28 Jan 2025 | 25.10x | 543.18x | 115.29x | 181.27x |
GB Logistics SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 24 January 2025 |
| IPO Close Date | 28 January 2025 |
| Allotment Date | 29 January 2025 |
| Refund Initiation | 30 January 2025 |
| Share Credit to Demat | 30 January 2025 |
| Listing Date | 31 January 2025 |
| Minimum Investment | Rs 2,44,800.00 |
| Lot Size | 1200 shares |
About GB Logistics SME
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.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
GB Logistics SME IPO Subscription FAQs
What is GB Logistics SME IPO subscription status today?
GB Logistics SME IPO subscription closed on 28 January 2025 with overall subscription of 184.64x (by shares) as of 27 June 2026, 2:47 AM IST. QIB 25.10x, NII 543.18x, IND 115.29x.
What is the overall subscription of GB Logistics SME IPO?
GB Logistics SME IPO is subscribed 184.64x overall by shares at close on 28 January 2025. QIB 25.10x, NII 543.18x, and IND 115.29x.
What is GB Logistics SME IPO QIB subscription?
GB Logistics SME IPO QIB (Qualified Institutional Buyers) subscription is 25.10x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is GB Logistics SME IPO IND subscription?
GB Logistics SME IPO IND subscription is 115.29x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is GB Logistics SME IPO NII subscription?
GB Logistics SME IPO NII (Non-Institutional Investors) subscription is 543.18x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in GB Logistics SME IPO for retail?
GB Logistics SME IPO retail share subscription is 115.29x. Application-wise data is needed for accurate lottery odds.
When is GB Logistics SME IPO allotment date?
GB Logistics SME IPO allotment date is 29 January 2025. Check GB Logistics SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does GB Logistics SME IPO subscription close?
GB Logistics SME IPO subscription closed on 28 January 2025. No new applications are accepted after the close.
What is GB Logistics SME IPO GMP today?
GB Logistics SME IPO GMP is ₹16 today (+15.69% over issue price ₹102). See live GMP on the GB Logistics SME IPO GMP Today page.
What is GB Logistics SME IPO issue price and lot size?
GB Logistics SME IPO issue price is ₹102 per share. Lot size is 1200 shares. Minimum investment is ₹2,44,800 per lot (minimum 2 lots for SME). Issue size: ₹25.07 Cr.
When is GB Logistics SME IPO listing date?
GB Logistics SME IPO listing date is 31 January 2025 on NSE and BSE. Allotment is on 29 January 2025.
How does subscription affect GB Logistics SME IPO allotment?
Allotment odds in GB Logistics SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 184.64x overall, competition is very high.
For allotment results from 29 January 2025, visit the GB Logistics SME IPO Allotment Status page. For listing day updates on 31 January 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.