BLT Logistics IPO vs Safety Controls IPO

Comparison between BLT Logistics IPO and Safety Controls IPO.

IPO Details

BLT Logistics IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Safety Controls IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of BLT Logistics IPO is up to ₹9.01 Cr whereas the issue size of the Safety Controls IPO is up to ₹45.57 Cr. The final issue price of BLT Logistics IPO is ₹75.00 per share and of Safety Controls IPO is .

 BLT Logistics IPOSafety Controls IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹71.00 per share₹75.00 per share
Issue Price (Upper)₹75.00 per share₹80.00 per share
Issue Price (Final)₹75.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1600 shares1600 shares
Fresh Issue Size12,01,600 shares56,96,000 shares
Fresh Issue Size (Amount)up to ₹9.01 Crup to ₹45.57 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total12,01,600 shares56,96,000 shares
Issue Size Total (Amount)up to ₹9.01 Crup to ₹45.57 Cr

IPO Timetable

BLT Logistics IPO opens on Aug 04, 2025, while Safety Controls IPO opens on Apr 06, 2026. The closing date of BLT Logistics IPO and Safety Controls IPO is Aug 06, 2025, and Apr 08, 2026, respectively.

 BLT Logistics IPOSafety Controls IPO
Anchor Bid DateAug 01, 2025Apr 02, 2026
Issue OpenAug 04, 2025Apr 06, 2026
Issue CloseAug 06, 2025Apr 08, 2026
Basis Of Allotment (Tentative)Aug 07, 2025Apr 09, 2026
Initiation of Refunds (Tentative)Aug 08, 2025Apr 10, 2026
Credit of Share (Tentative)Aug 08, 2025Apr 10, 2026
Listing date (Tentative)Aug 11, 2025Apr 13, 2026
Anchor Lockin End date 1Sep 10, 2025May 09, 2026
Anchor Lockin End date 2Nov 09, 2025Jul 08, 2026

Financials & KPIs

BLT Logistics IPO P/E ratio is 6.84, as compared to Safety Controls IPO P/E ratio of 12.3.

 BLT Logistics IPOSafety Controls IPO
Financials

Company Financials (Restated Standalone)

BLT Logistics Ltd.'s revenue increased by 21% and profit after tax (PAT) rose by 23% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 2024
Assets26.2721.32
Total Income49.4340.73
Profit After Tax3.843.13
EBITDA9.568.48
NET Worth8.784.94
Reserves and Surplus5.301.46
Total Borrowing13.6512.02
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Jan 202631 Mar 202531 Mar 202431 Mar 2023
Assets164.41120.2874.9966.36
Total Income68.51103.5045.7049.26
Profit After Tax8.528.994.010.43
EBITDA16.2117.278.272.63
NET Worth54.4742.1717.4812.47
Reserves and Surplus40.6428.876.982.97
Total Borrowing39.1833.8429.7918.52
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.9566.53
Promoter Shareholding (Post-Issue)72.9446.40
P/E Ratio6.8412.3
Market Cap₹35.97 Cr.₹158.62 Cr.
ROE-30.8830.14
ROCE22.3437.39
Debt/Equity1.550.80
EPS₹10.97₹6.50
RoNW43.7321.32

Shares Offered

In the BLT Logistics IPO Retail Individual Investors (RII) are offered 4,22,400 shares while in Safety Controls IPO retail investors are offered 4,22,400 shares. Qualified Institutional Buyers (QIB) are offered 2,40,000 shares in BLT Logistics IPO and 12,00,000 shares in Safety Controls IPO.

 BLT Logistics IPOSafety Controls IPO
Anchor Investor Reservation3,58,400 shares15,84,000 shares
Market Maker Reservation94,400 shares3,04,000 shares
QIB2,40,000 shares12,00,000 shares
NII1,80,800 shares8,64,000 shares
RII4,22,400 shares20,48,000 shares
Employee0 shares0 shares
Others
Total12,01,600 shares56,96,000 shares

Bids Received (Subscription)

BLT Logistics IPO subscribed 560.69x in total, whereas Safety Controls IPO subscribed 1.28x.

 BLT Logistics IPOSafety Controls IPO
QIB (times)81.80x1.31x
NII (times)1,017.63x2.45x
Big NII (times)1,186.60x3.37x
Small NII (times)684.13x0.61x
RII (times)637.20x0.76x
Employee (times)
Other (times)
Total (times)560.69x1.28x

Compare with others

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BLT Logistics IPO Vs Safety Controls IPO