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

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 Date | 15 to 17 Dec, 2025 |
| Listed on | Mon, Dec 22, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹126 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 37,00,000 shares (agg. up to ₹47 Cr) |
| Reserved for Market Maker | 1,85,000 shares Asnani Stock Broker Pvt.Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 35,15,000 shares (agg. up to ₹44 Cr) |
| Net Offered to Public | 35,15,000 shares (agg. up to ₹44 Cr) |
| Share Holding Pre Issue | 1,00,00,000 shares |
| Share Holding Post Issue | 1,37,00,000 shares |
| BSE Script Code | 544663 |
| ISIN | INE1NQ501012 |
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 | 17,57,500 | 50.00% | 47.50% |
| Retail Shares Offered | 17,57,500 | 50.00% | 47.50% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,85,000 | 5.00% | |
| Total Shares Offered | 37,00,000 | 100.00% | 100.00% |
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 |
Neptune Logitek is an integrated logistics solution provider company in India. The company offers the following services:
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:
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 Ended | 31 Aug 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 122.94 | 119.25 | 95.24 | 74.51 |
| Total Income | 105.52 | 260.74 | 175.76 | 187.71 |
| Profit After Tax | 4.02 | 9.16 | 0.00 | -0.18 |
| EBITDA | 9.26 | 21.38 | 9.74 | 5.55 |
| NET Worth | 23.97 | 19.95 | 10.79 | 10.79 |
| Reserves and Surplus | 13.97 | 9.95 | 9.79 | 9.79 |
| Total Borrowing | 56.40 | 58.00 | 62.48 | 38.20 |
| Amount in ₹ Crore | ||||
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 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 14.89% |
| ROCE | 21.25% |
| Debt/Equity | 2.91 |
| RoNW | 45.89% |
| PAT Margin | 3.56% |
| EBITDA Margin | 8.31% |
| Price to Book Value | 6.32 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 9.16 | 7.04 |
| P/E (x) | 13.76 | 17.9 |
| Promoter Holding | 99.99% | 72.99% |
| Market Cap | ₹172.62 Cr. |
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* | 0.32 | 17,57,500 | 5,68,000 | 0 |
| Individual Investor | 2.90 | 17,57,500 | 50,92,000 | 0 |
| Total | 1.61 | 35,15,000 | 56,60,000 | 2,692 |
Total Application : 2,692
*Market Maker portion is not included to NII/HNI.
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹126.00 |
| Open | ₹100.80 |
| Low | ₹95.80 |
| High | ₹100.80 |
| Last Trade | ₹95.80 |
Lead Manager Reports
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
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.