BLT Logistics Ltd IPO
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BLT Logistics Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 12.96 L | TBA | ₹ 4.22 L | ₹ 34.98 L | BSE | ₹ 9.72 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 04 Aug, 25 | 06 Aug, 25 | 3200 | ₹ 2,27,200 | Book Building - SME | 11 Aug, 25 |
BLT Logistics Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Miscellaneous |
| Sub Sector | NA |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 32.81x | 598400 | 19632000 |
| NII | 1018.18x | 180800 | 184086400 |
| Retail | 637.42x | 422400 | 269244800 |
| Employee | 0x | 0 | 0 |
| Total | 364.94x | 1296000 | 472963200 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
BLT Logistics Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 7.07 | 6.13 | 4.00 |
| EBITDA | 10.04 | 8.68 | 6.01 |
| PAT | 3.00 | 2.65 | 1.35 |
| Total Assets | 15.68 | 12.00 | 8.10 |
| Share Capital | 3.50 | 3.50 | 0.10 |
| Total Borrowings | 14.34 | 11.96 | 8.84 |
| Operating Activities (Net Cash) | 5.97 | 5.20 | 3.36 |
| Investing Activities (Net Cash) | -0.61 | -1.00 | -0.02 |
| Financing Activities (Net Cash) | 14.34 | 11.96 | 8.84 |
| Net Cashflow | 0.15 | 0.18 | 0.18 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About BLT Logistics Ltd
Our Company was originally registered in the name of BLT Logistics Private Limited and received a certificate of incorporation dated September 06, 2011, from the Registrar of Companies, National Capital Territory of Delhi & Haryana under The Companies Act, 1956. Later on, our Company was converted into a Public Limited Company pursuant to a shareholders resolution passed at the Extra-ordinary General Meeting of our Company held on December 30, 2023, and the name of our Company was changed to BLT Logistics Limited. A fresh Certificate of Incorporation consequent upon Conversion from Private Limited Company to Public Limited Company dated February 09, 2024, was issued by the Registrar of Companies, Delhi. The Corporate Identification Number of our Company is U63000DL2011PLC224622.
We are primarily engaged in the Logistics and Warehousing sector wherein we operate by providing surface transportation of goods in containerized trucks and warehousing services to various industries and businesses.
Our Company is engaged in providing surface transportation of goods in containerized trucks and warehousing services to various industries and businesses. Our logistics operations are supported by our own fleets of containerized trucks and hired from our 99.99% subsidiary, Sabarmati Express India Private Limited (Sabarmati) and third-party operators i.e. small fleet owners and agents who provide us with necessary transportation facilities such as containerized trucks. As on March 31, 2025, we owned operational fleet of 106 vehicles having capacity ranging from 3.5MT to 18MT in the name of our company and 15 vehicles as part of the fleet of our 99.99% subsidiary, Sabarmati, having capacity of 9MT. We mainly serve B2B customers which require transporting bulk quantities of their goods from one place to another within India. We have gradually developed the business and increased the ambit of our Transportation & Allied Services which includes other services like packing and moving and transportation of project cargo. We have started end-to-end warehousing solutions to add to our repertoire of offerings.
Peer Comparison:
- BLT Logistics Limited
- BLT Logistics Limited
- Premier Roadlines Limited
- Coastal Roadways Limited
BLT Logistics Ltd IPO Key Points
Strengths
- Long-standing business and track record.
- Strong relationship with diverse customer base.
- Wide range of logistics services and solutions.
- Strong knowledge and experience of our promoters.
Risk
- Substantial portion of its revenues has been dependent upon few customers. The loss of any one or more of the company major customers would have a material adverse effect on its business, cash flows, results of operations and financial condition.
- The Company is dependent on a few suppliers for purchases of product/service. The loss of any of these large suppliers may affect its business operations.
- The company generate its major portion of revenue from the company operations in certain geographical regions and any adverse developments affecting its operations in these regions could have an adverse impact on the company revenue and results of operations.
Strategy
- Strengthen existing services.
- Identifying new customers and increasing business with existing customers.
- Increasing our presence and expanding our network.
- Development of warehousing facilities.
- Long-standing business and track record.
- Strong relationship with diverse customer base.
- Wide range of logistics services and solutions.
- Strong knowledge and experience of our promoters.
How To Apply for BLT Logistics Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
