Neptune Logitek IPO Details

Fixed Price IPO | ₹47 Cr | Listed at BSE SME | Mon, Dec 15, 2025 - Wed, Dec 17, 2025

Neptune Logitek IPO Logo

Neptune Logitek IPO is a fixed price issue of ₹46.62 crores. The issue is entirely a fresh issue of 0.37 crore shares of ₹46.62 crore.

Neptune Logitek IPO bidding started from Dec 15, 2025 and ended on Dec 17, 2025. The allotment for Neptune Logitek IPO was finalized on Dec 18, 2025. The shares got listed on BSE SME on Dec 22, 2025.

Neptune Logitek IPO price is ₹126 per share. The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹2,52,000 (2,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,000 shares), amounting to ₹3,78,000.

Galactico Corporate Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Asnani Stock Broker Pvt.Ltd..

Refer to Neptune Logitek IPO DRHP for detailed Information.

IPO Open

Mon, Dec 15, 2025

IPO Close

Wed, Dec 17, 2025

Issue Price

₹126 per share

Market Cap (Pre-IPO)

₹172.62 Cr

IPO Details

IPO Date15 to 17 Dec, 2025
Listed onMon, Dec 22, 2025
Face Value10 per share
Issue Price₹126 per share
Lot Size1,000 Shares
Sale TypeFresh capital only
Issue TypeFixed Price IPO
Listing AtBSE SME

Total Issue Size37,00,000 shares
(agg. up to ₹47 Cr)
Reserved for Market Maker
1,85,000 shares
(agg. up to ₹2 Cr)
Asnani Stock Broker Pvt.Ltd.
Fresh Issue
(Ex Market Maker)
35,15,000 shares
(agg. up to ₹44 Cr)
Net Offered to Public35,15,000 shares
(agg. up to ₹44 Cr)
Share Holding Pre Issue1,00,00,000 shares
Share Holding Post Issue1,37,00,000 shares
BSE Script Code 544663
ISININE1NQ501012

IPO Timetable

Issue Reservation

Neptune Logitek IPO comprises a total issue size of 37,00,000 shares. The net offer to the public is 35,15,000 shares, after excluding 1,85,000 shares allotted on a firm basis. Of the Net offer 17,57,500 (50.00%) allocated to NII 17,57,500 (50.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
NII (HNI) Shares Offered 17,57,50050.00%47.50%
Retail Shares Offered 17,57,50050.00%47.50%
Firm Reservations
Market Maker Shares Offered 1,85,0005.00%
Total Shares Offered 37,00,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof. 

Application Lots Shares Amount
Individual investors (Retail) (Min) 2 2,000 ₹2,52,000
Individual investors (Retail) (Max) 2 2,000 ₹2,52,000
HNI (Min) 3 3,000 ₹3,78,000
IPO Subscription Details

About Neptune Logitek Ltd.

Neptune Logitek is an integrated logistics solution provider company in India. The company offers the following services:

  • Freight Forwarding and Custom Clearance
  • Air Freight Transportation
  • Door to Door Multimodal Coastal Forwarding
  • Road transportation
  • Rail Transportation

The company uses cutting-edge technological tools like GPS-enabled fleet management, real-time vehicle tracking, and an auto-on/off engine monitoring and control feature.

As of March 31, 2025, it has 199 fleets and fleet operators. The company also has 9 branch offices to support its operations.

Additionally, it operates a captive petrol pump with a storage capacity of up to 60 kilolitres.

Key Strengths:

  • Integrated logistics service provider
  • Proficient management team
  • Asset-driven business model
  • Seamless Technology Integration for Enhanced Efficiency
  • In-House Maintenance and Direct Procurement

Company Financials (Restated)

Neptune Logitek Ltd.'s revenue increased by 48% and profit after tax (PAT) rose by 254228% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Aug 202531 Mar 202531 Mar 202431 Mar 2023
Assets122.94119.2595.2474.51
Total Income105.52260.74175.76187.71
Profit After Tax4.029.160.00-0.18
EBITDA9.2621.389.745.55
NET Worth23.9719.9510.7910.79
Reserves and Surplus13.979.959.799.79
Total Borrowing56.4058.0062.4838.20
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Funding capital expenditure requirement of our company towards Purchase of trucks (“Vehicles”) and ancillary equipment 33.94
2 Funding towards Repayment of Loan 2.00
3 Funding expenditure for General Corporate Purpose 6.03

Key Performance Indicator (KPI)

Pre IPOPost IPO
EPS (₹)9.167.04
P/E (x)13.7617.9
Promoter Holding99.99%72.99%
Market Cap172.62 Cr.
Mr. Ankit Devidas Shah and Mrs. Reema Ankit Shah are the company promoters.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of August 31, 2025 available in RHP.

IPO Review

[Dilip Davda]
NLL is engaged in providing all services related to logistics solutions on Pan-India basis. It primarily operates on its own fleet and has in-house repairs and maintenance department for its trucks and fleets. The company posted inconsistency in its top and bottom lines for the reported periods. The quantum jump in its bottom lines from FY25 onwards raises eyebrows and concern over its sustainability as it is operating in a highly competitive and fragmented segment. There is no harm in skipping this aggressively priced offer.
Read detail review...

Neptune Logitek IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers0000
Members0000

Neptune Logitek IPO Subscription Status

The Neptune Logitek IPO is subscribed 1.61 times on December 17, 2025 6:19:32 PM (Day 3). The public issue subscribed 2.90 times in the individual investors category, [.] times in the QIB category, and 0.32 times in the NII category. Check Day by Day Subscription Details (Live Status)

Category Subscription (times) Shares Offered Shares bid for Total Application
NII* 0.3217,57,5005,68,0000
Individual Investor2.9017,57,50050,92,0000
Total1.6135,15,00056,60,0002,692

Total Application : 2,692

*Market Maker portion is not included to NII/HNI.

Listing Day Trading Information

Price DetailsBSE SME
Final Issue Price126.00
Open100.80
Low95.80
High100.80
Last Trade95.80

Check IPO Performance…

IPO Registrar

Bigshare Services Pvt.Ltd.

Contact Details

Neptune Logitek Ltd. Address
BBZ-N-62/A, WARD 12/A
Gandhidham,
Kachchh
Kachchh, Gujarat, 370201
Open an Instant Account with Zerodha

IPO FAQs

Neptune Logitek IPO is a SME IPO of 37,00,000 equity shares of the face value of ₹10 aggregating up to ₹47 Crores. The issue is priced at ₹126 per share. The minimum order quantity is 1000.

The IPO opens on Mon, Dec 15, 2025, and closes on Wed, Dec 17, 2025.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Neptune Logitek IPO using UPI as a payment gateway. Zerodha customers can apply in Neptune Logitek IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Neptune Logitek IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Neptune Logitek IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Neptune Logitek IPO opens on Mon, Dec 15, 2025 and closes on Wed, Dec 17, 2025.

Neptune Logitek IPO lot size is 1000, and the minimum amount required for application is ₹2,52,000, with 2 lots being the minimum application size.

You can apply in Neptune Logitek 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 Neptune Logitek IPO will be done on Thursday, December 18, 2025, and the allotted shares will be credited to your demat account by Fri, Dec 19, 2025. Check the Neptune Logitek IPO allotment status.

The Neptune Logitek IPO listing date is on Mon, Dec 22, 2025.

Compare: