BLT Logistics IPO vs Sheel Biotech IPO

Comparison between BLT Logistics IPO and Sheel Biotech IPO.

IPO Details

BLT Logistics IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Sheel Biotech IPO is a SME Bookbuilding proposed to list at NSE 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 Sheel Biotech IPO is up to ₹32.31 Cr. The final issue price of BLT Logistics IPO is ₹75.00 per share and of Sheel Biotech IPO is ₹63.00 per share.

 BLT Logistics IPOSheel Biotech IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹71.00 per share₹59.00 per share
Issue Price (Upper)₹75.00 per share₹63.00 per share
Issue Price (Final)₹75.00 per share₹63.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1600 shares2000 shares
Fresh Issue Size12,01,600 shares51,28,000 shares
Fresh Issue Size (Amount)up to ₹9.01 Crup to ₹32.31 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total12,01,600 shares51,28,000 shares
Issue Size Total (Amount)up to ₹9.01 Crup to ₹32.31 Cr

IPO Timetable

BLT Logistics IPO opens on Aug 04, 2025, while Sheel Biotech IPO opens on Sep 30, 2025. The closing date of BLT Logistics IPO and Sheel Biotech IPO is Aug 06, 2025, and Oct 03, 2025, respectively.

 BLT Logistics IPOSheel Biotech IPO
Anchor Bid DateAug 01, 2025Sep 29, 2025
Issue OpenAug 04, 2025Sep 30, 2025
Issue CloseAug 06, 2025Oct 03, 2025
Basis Of Allotment (Tentative)Aug 07, 2025Oct 06, 2025
Initiation of Refunds (Tentative)Aug 08, 2025Oct 07, 2025
Credit of Share (Tentative)Aug 08, 2025Oct 07, 2025
Listing date (Tentative)Aug 11, 2025Oct 08, 2025
Anchor Lockin End date 1Sep 10, 2025Nov 05, 2025
Anchor Lockin End date 2Nov 09, 2025Jan 04, 2026

Financials & KPIs

BLT Logistics IPO P/E ratio is 6.84, as compared to Sheel Biotech IPO P/E ratio of 8.86.

 BLT Logistics IPOSheel Biotech 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)

Sheel Biotech Ltd.'s revenue increased by 11% and profit after tax (PAT) rose by 2% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets113.28105.9593.89
Total Income102.2792.5580.19
Profit After Tax10.6410.475.08
EBITDA14.9714.458.83
NET Worth83.8572.6963.54
Reserves and Surplus68.9068.5859.40
Total Borrowing17.3623.5419.17
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.9596.99
Promoter Shareholding (Post-Issue)72.9471.26
P/E Ratio6.848.86
Market Cap₹35.97 Cr.₹128.22 Cr.
ROE-30.8813.59
ROCE22.3416.34
Debt/Equity1.550.21
EPS₹10.97₹7.11
RoNW43.7313.59

Shares Offered

In the BLT Logistics IPO Retail Individual Investors (RII) are offered 4,22,400 shares while in Sheel Biotech IPO retail investors are offered 4,22,400 shares. Qualified Institutional Buyers (QIB) are offered 2,40,000 shares in BLT Logistics IPO and 10,26,000 shares in Sheel Biotech IPO.

 BLT Logistics IPOSheel Biotech IPO
Anchor Investor Reservation3,58,400 shares15,24,000 shares
Market Maker Reservation94,400 shares2,72,000 shares
QIB2,40,000 shares10,26,000 shares
NII1,80,800 shares7,74,000 shares
RII4,22,400 shares18,04,000 shares
Employee0 shares0 shares
Others
Total12,01,600 shares51,28,000 shares

Bids Received (Subscription)

BLT Logistics IPO subscribed 560.69x in total, whereas Sheel Biotech IPO subscribed 15.97x.

 BLT Logistics IPOSheel Biotech IPO
QIB (times)81.80x19.73x
NII (times)1,017.63x25.92x
Big NII (times)1,186.60x31.64x
Small NII (times)684.13x14.49x
RII (times)637.20x9.56x
Employee (times)
Other (times)
Total (times)560.69x15.97x

Compare with others

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BLT Logistics IPO Vs Sheel Biotech IPO