Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of CJ Darcl Logistics Ltd. on January 14, 2026. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
CJ Darcl Logistics Ltd. IPO is a Book Build Issue
The equity shares are proposed to be listed on NSE and BSE. ICICI Securities Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to CJ Darcl Logistics IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹[.] per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Tue, Sep 30, 2025 |
| SEBI/Exchange approval received | Wed, Jan 14, 2026 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Incorporated in 1986, CJ Darcl Logistics Ltd. is a logistics company with over three decades of operational experience, providing integrated multimodal logistics and warehousing and distribution services to enterprise customers in India and overseas.
The company’s service portfolio includes full truck load (FTL), rail transportation, air cargo, coastal shipping, project logistics, freight forwarding, and warehousing and distribution solutions.
As of March 31, 2025, CJ Darcl operated through 202 branch offices, 6 administrative offices, 14 warehousing facilities, and 1 railway stock yard, covering 6,691 locations across India.
The company catered to 2,277 customers in FY 2025, including large corporates such as Tata Steel, Arcelormittal Nippon Steel India, Jindal Group companies, POSCO India Steel Distribution Center, Welspun Corp, HEG, Lotte India, Godrej Consumer Products, Hindustan Coca Cola Beverages, and KRBL.
CJ Darcl follows an ‘asset-right’ business model supported by a partnered fleet of 955,023 vehicles sourced from 554,781 business partners, enabling operational scalability with demand.
As of March 31, 2025, the company employed 5,996 staff.
CJ Darcl Logistics Ltd.'s revenue increased by 12% and profit after tax (PAT) rose by 12% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 2,006.46 | 1,672.21 | 1,480.18 |
| Total Income | 5,198.06 | 4,621.17 | 4,239.40 |
| Profit After Tax | 93.12 | 82.78 | 67.70 |
| EBITDA | 268.20 | 239.02 | 184.80 |
| NET Worth | 750.94 | 659.87 | 576.65 |
| Total Borrowing | 809.63 | 691.84 | 612.26 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the Company | 275.00 |
| 2 | Funding capital expenditure requirements of the Company towards purchase of equipment; and | 203.86 |
| 3 | General corporate purposes. |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 13.20% |
| ROCE | 18.25% |
| RoNW | 12.40% |
| PAT Margin | 1.80% |
| EBITDA Margin | 5.20% |
Lead Manager Reports
CJ Darcl Logistics IPO is a main-board IPO of 0 equity shares of the face value of ₹[.] aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The CJ Darcl Logistics IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in CJ Darcl Logistics IPO using UPI as a payment gateway. Zerodha customers can apply in CJ Darcl Logistics IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in CJ Darcl Logistics IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The CJ Darcl Logistics IPO dates are not announced. Please check back again after some time.
CJ Darcl Logistics IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in CJ Darcl Logistics IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for CJ Darcl Logistics IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the CJ Darcl Logistics IPO allotment status.
The CJ Darcl Logistics IPO listing date is not yet announced. The tentative date of listing is .
