Fixed Price IPO | ₹17 Cr | Listed at BSE SME | Tue, Sep 30, 2025 - Fri, Oct 3, 2025
Sunsky Logistics IPO is a fixed price issue of ₹16.84 crores. The issue is entirely a fresh issue of 0.37 crore shares of ₹16.84 crore.
Sunsky Logistics IPO bidding started from Sep 30, 2025 and ended on Oct 3, 2025. The allotment for Sunsky Logistics IPO was finalized on Oct 6, 2025. The shares got listed on BSE SME on Oct 8, 2025.
Sunsky Logistics IPO price is ₹46 per share. The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹2,76,000 (6,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (9,000 shares), amounting to ₹4,14,000.
Nirbhay Capital Services Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company is Rikhav Securities Ltd..
Refer to Sunsky Logistics IPO DRHP for detailed Information.
IPO Open
Tue, Sep 30, 2025
IPO Close
Fri, Oct 3, 2025
Issue Price
₹46 per share
Market Cap (Pre-IPO)
₹57.20 Cr
| IPO Date | 30 Sep to 3 Oct, 2025 |
| Listed on | Wed, Oct 8, 2025 |
| Face Value | ₹2 per share |
| Issue Price | ₹46 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 36,60,000 shares (agg. up to ₹17 Cr) |
| Reserved for Market Maker | 1,86,000 shares Rikhav Securities Ltd. (agg. up to ₹0.8556 Cr) |
| Fresh Issue (Ex Market Maker) | 34,74,000 shares (agg. up to ₹16 Cr) |
| Net Offered to Public | 34,74,000 shares (agg. up to ₹16 Cr) |
| Share Holding Pre Issue | 87,75,000 shares |
| Share Holding Post Issue | 1,24,35,000 shares |
| BSE Script Code | 544566 |
| ISIN | INE10CM01027 |
Sunsky Logistics IPO comprises a total issue size of 36,60,000 shares. The net offer to the public is 34,74,000 shares, after excluding 1,86,000 shares allotted on a firm basis. Of the Net offer 17,28,000 (49.74%) allocated to NII 17,46,000 (50.26%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 17,28,000 | 49.74% | 47.21% |
| Retail Shares Offered | 17,46,000 | 50.26% | 47.70% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,86,000 | 5.08% | |
| Total Shares Offered | 36,60,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 6,000 shares and in multiples of 3,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 6,000 | ₹2,76,000 |
| Individual investors (Retail) (Max) | 2 | 6,000 | ₹2,76,000 |
| HNI (Min) | 3 | 9,000 | ₹4,14,000 |
Incorporated in July 05, 2020, Sunsky Logistics Ltd is an integrated logistics solution provider.
The company offers third-party logistics services, including freight forwarding, cargo handling, door-to-door distribution, multi-transport operators, and custom clearance services.
In 2021, it got a Multimodal Transport Operator (MTO) license. It offers multimodal transportation services through rail, air, road, and sea.
It is a member of World Shipping Alliance (WSA) and Bling Logistics Network Inc (Bling). In 2022, it obtained a certificate for Ocean Transportation Intermediary (OTI) ocean freight from the Federal Maritime Commission (FMC)
The company also offers project cargo handling services. During the fiscal year 2025, it has processed services in different countries such as USA, Uganda, UAE, Oman, Guatemala, Australia, and Iraq.
Services:
As on July 31, 2025, the company had 9 employees.
Competitive Strengths:
Sunsky Logistics Ltd.'s revenue increased by 50% and profit after tax (PAT) rose by 107% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Jul 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 12.31 | 8.22 | 5.17 | 2.76 |
| Total Income | 8.45 | 22.27 | 14.81 | 19.38 |
| Profit After Tax | 1.37 | 2.59 | 1.25 | 0.31 |
| EBITDA | 1.94 | 3.71 | 1.95 | 0.57 |
| NET Worth | 5.90 | 4.53 | 1.99 | 0.74 |
| Reserves and Surplus | 4.14 | 2.77 | 1.98 | 0.74 |
| Total Borrowing | 3.93 | 2.03 | 1.77 | 1.13 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of Flatbed Trailers | 6.42 |
| 2 | Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company. | 3.50 |
| 3 | To meet the working capital requirement | 2.75 |
| 4 | General Corporate Purpose | 2.52 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 79.42 % |
| ROCE | 59.34% |
| Debt/Equity | 0.45 |
| RoNW | 57.16% |
| PAT Margin | 11.74% |
| EBITDA Margin | 16.81% |
| Price to Book Value | 8.91 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 2.95 | 3.31 |
| P/E (x) | 15.6 | 13.91 |
| Promoter Holding | 95% | 67.05% |
| Market Cap | ₹57.20 Cr. |
The Sunsky Logistics IPO is subscribed 1.46 times on October 3, 2025 5:04:45 PM (Day 3). The public issue subscribed 0.93 times in the individual investors category, [.] times in the QIB category, and 2.01 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| NII* | 2.01 | 17,28,000 | 34,71,000 | 0 |
| Individual Investor | 0.93 | 17,28,000 | 16,08,000 | 0 |
| Total | 1.46 | 34,74,000 | 50,88,000 | 538 |
Total Application : 538
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manger Fees including Underwriting Commission | 0.76 |
| 2 | Fees Payable to Advisors/ Consultants | 0.02 |
| 3 | Fees Payable to Registrar to the Issue | 0.00 |
| 4 | Fees Payable Advertising, Marketing Expenses and Printing Expenses | 0.07 |
| 5 | Fees Payable to Regulators including Stock Exchanges and other Intermediaries | 0.05 |
| 6 | Fees payable to Peer Review Auditor | 0.05 |
| 7 | Fees Payable to Market Maker (for Three Years) | 0.09 |
| 8 | Escrow Bank Fees | |
| 9 | Others (Fees payable for marketing & distributing expenses, selling commission, brokerage, processing fees, advisory fees and miscellaneous expenses) | 0.61 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹46.00 |
| Open | ₹51.00 |
| Low | ₹50.00 |
| High | ₹53.55 |
| Last Trade | ₹53.55 |
Lead Manager Reports
Sunsky Logistics IPO is a SME IPO of 36,60,000 equity shares of the face value of ₹2 aggregating up to ₹17 Crores. The issue is priced at ₹46 per share. The minimum order quantity is 3000.
The IPO opens on Tue, Sep 30, 2025, and closes on Fri, Oct 3, 2025.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Sunsky Logistics IPO using UPI as a payment gateway. Zerodha customers can apply in Sunsky Logistics IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sunsky Logistics IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sunsky Logistics IPO opens on Tue, Sep 30, 2025 and closes on Fri, Oct 3, 2025.
Sunsky Logistics IPO lot size is 3000, and the minimum amount required for application is ₹2,76,000, with 2 lots being the minimum application size.
You can apply in Sunsky 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 Sunsky Logistics IPO will be done on Monday, October 6, 2025, and the allotted shares will be credited to your demat account by Tue, Oct 7, 2025. Check the Sunsky Logistics IPO allotment status.
The Sunsky Logistics IPO listing date is on Wed, Oct 8, 2025.
