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GB Logistics Commerce IPO is a book build issue of ₹25.07 crores. The issue is entirely a fresh issue of 0.25 crore shares of ₹25.07 crore.
GB Logistics Commerce IPO bidding started from Jan 24, 2025 and ended on Jan 28, 2025. The allotment for GB Logistics Commerce IPO was finalized on Jan 29, 2025. The shares got listed on BSE SME on Jan 31, 2025.
GB Logistics Commerce IPO price band is set at ₹102.00 per share . The lot size for an application is 1,200. The minimum amount of investment required by an retail is ₹1,22,400 (1200 shares) (based on upper price). The minimum lot size investment for HNI is 2 lots (2,400 shares), amounting to ₹2,44,800.
SKI Capital Services Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The market maker of the company is Svcm Securities Pvt.Ltd..
Refer to GB Logistics Commerce IPO RHP for detailed Information.
| IPO Date | January 24, 2025 to January 28, 2025 |
| Listing Date | January 31, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹95 to ₹102 per share |
| Issue Price Final | ₹102 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 24,57,600 shares (aggregating up to ₹25.07 Cr) |
| Reserved for Market Maker | 1,23,600 shares Svcm Securities Pvt.Ltd. (aggregating up to ₹1.26 Cr) |
| Net Offered to Public | 23,34,000 shares (aggregating up to ₹23.81 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 57,36,848 shares |
| Share Holding Post Issue | 81,94,448 shares |
GB Logistics Commerce IPO offers total 24,57,600 shares. Out of which 11,66,400 (47.46%) allocated to QIB, 4,66,800 (18.99%) allocated to QIB (Ex- Anchor), 3,50,400 (14.26%) allocated to NII, 8,17,200 (33.25%) allocated to RII and 6,99,600 (28.47%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,23,600 (5.03%) |
| QIB Shares Offered | 11,66,400 (47.46%) |
| − Anchor Investor Shares Offered | 6,99,600 (28.47%) |
| − QIB (Ex. Anchor) Shares Offered | 4,66,800 (18.99%) |
| NII (HNI) Shares Offered | 3,50,400 (14.26%) |
| Retail Shares Offered | 8,17,200 (33.25%) |
| Total Shares Offered | 24,57,600 (100.00%) |
GB Logistics Commerce IPO raises ₹7.14 crore from anchor investors. GB Logistics Commerce IPO Anchor bid date is January 23, 2025. GB Logistics Commerce IPO Anchor Investors list
| Bid Date | January 23, 2025 |
| Shares Offered | 6,99,600 |
| Anchor Portion Size (In Cr.) | 7.14 |
| Anchor lock-in period end date for 50% shares (30 Days) | March 2, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | May 2, 2025 |
GB Logistics Commerce IPO opens on January 24, 2025, and closes on January 28, 2025.
| IPO Open Date | Fri, Jan 24, 2025 |
| IPO Close Date | Tue, Jan 28, 2025 |
| Tentative Allotment | Wed, Jan 29, 2025 |
| Initiation of Refunds | Thu, Jan 30, 2025 |
| Credit of Shares to Demat | Thu, Jan 30, 2025 |
| Tentative Listing Date | Fri, Jan 31, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Jan 28, 2025 |
Investors can bid for a minimum of 1,200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,22,400 |
| Retail (Max) | 1 | 1,200 | ₹1,22,400 |
| HNI (Min) | 2 | 2,400 | ₹2,44,800 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2019, 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.
The company operates in two Business Segments Logisticsand Trading of Agricultural Commodities.
In Logistics the company offers Full Truck Load, special handling, godown-to-godown transportation, above-ground floor deliveries, and expertise in Out of Delivery Area (ODA) shipments to remote and challenging locations.
In Trading of Agricultural Commodities the company focuses on logistics near agricultural commodities, capitalizing on incidental trading opportunities to generate additional revenue, and diversifying income while supporting the agricultural and logistics sectors.
As of January 15, 2024, the company has 39 full-time employees.
Competitive Strength:
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 59.28 | 58.6 | ||
| Total Income | 50.85 | 115.63 | ||
| Profit After Tax | 2.53 | 4.86 | 0.77 | 0.96 |
| Net Worth | 20.55 | 17.77 | 1.8 | 1.03 |
| Reserves and Surplus | 14.81 | 12.04 | ||
| Total Borrowing | 20.07 | 15.72 | 4.92 | 1.18 |
| Amount in ₹ Crore | ||||
The market capitalization of GB Logistics Commerce IPO is ₹83.58 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| ROE | 27.36% |
| ROCE | 14.51% |
| Debt/Equity | 0.88 |
| RoNW | 27.36% |
| Price to Book Value | 3.29 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 8.48 | 6.17 |
| P/E (x) | 12.03 | 16.53 |
The Company intends to utilize the funds which are being raised towards funding the following objects:
[Dilip Davda] The company is engaged in providing logistics services and trading in agri commodities. Sudden boost in its bottom lines from FY24 onwards raise eyebrows and concern over its sustainability. It is operating in a highly competitive and fragmented segments. Based on its recent financial performance, the issue appears fully priced. Well-informed investors may park moderate funds for medium term. Read detail review...
| Listing Date | January 31, 2025 |
| BSE Script Code | 544348 |
| NSE Symbol | |
| ISIN | INE0RWU01016 |
| Final Issue Price | ₹102 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹102.00 |
| Open | ₹81.60 |
| Low | ₹77.55 |
| High | ₹85.65 |
| Last Trade | ₹81.75 |
GB Logistics Commerce Ltd.
B-3,
Saptak Plaza,
Shivaji Nagar, Nagpur 440010
Shivaji Nagar, Maharashtra
Phone: 9881078877
Email: info@gblogisticsindia.com
Website: https://gblogisticsindia.com/
Maashitla Securities Pvt.Ltd.
Phone: +91-11-45121795-96
Email: investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
GB Logistics Commerce IPO is a SME IPO of 24,57,600 equity shares of the face value of ₹10 aggregating up to ₹25.07 Crores. The issue is priced at ₹102 per share. The minimum order quantity is 1200.
The IPO opens on January 24, 2025, and closes on January 28, 2025.
Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in GB Logistics Commerce IPO using UPI as a payment gateway. Zerodha customers can apply in GB Logistics Commerce IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in GB Logistics Commerce IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The GB Logistics Commerce IPO opens on January 24, 2025 and closes on January 28, 2025.
GB Logistics Commerce IPO lot size is 1200, and the minimum amount required for application is ₹1,22,400.
You can apply in GB Logistics Commerce 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 GB Logistics Commerce IPO will be done on Wednesday, January 29, 2025, and the allotted shares will be credited to your demat account by Thursday, January 30, 2025. Check the GB Logistics Commerce IPO allotment status.
The GB Logistics Commerce IPO listing date is on Friday, January 31, 2025.
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