IPO - Check IPO Date, Price, Lot Size

GB Logistics Commerce Ltd IPO

Established on December 24, 2019, by Mr. Prashant Natwarlal Lakhani, GB Logistics Commerce Limited specializes in full truckload freight services for large and medium-sized enterprises. Utilizing both proprietary and third-party transportation services, the company efficiently conducts logistics operations. GB Logistics Commerce Limited positions itself as a partner for businesses across sectors, providing comprehensive cargo movement solutions. Additionally, the company has a wholly owned subsidiary, GB Hospitality (India) Private Limited, engaged in a similar line of business.

GB Logistics Commerce Ltd IPO Details

Total Shares Offered

₹ 24,57,600

Offer to Public

TBA

Retail Max (Shares)

₹ 8,17,200

Pre Issue Promoters Holding

₹ 42,93,870

Exchange

BSE

Issue size

₹ 25.07 Cr

IPO Open Date

Jan 24, 2025

Close Date

Jan 28, 2025

Lot Size

1200

Min Investment

₹ 1,14,000

Issue Type

Book Building - SME

Listing Date

Jan 31, 2025

GB Logistics Commerce Ltd IPO Dates

Jan 24, 2025

Opening date

Jan 28, 2025

Closing date

Jan 29, 2025

Basis of Allotment

Jan 30, 2025

Initiation of Refunds

Jan 30, 2025

Credit of Shares

Jan 31, 2025

Listing date

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	10.75x	1166400	12535200
NII	543.91x	350400	190586400
Retail	122.07x	817200	99756000
Employee	0x	0	0
Total	123.24x	2457600	302877600

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

10.75x

543.91x

122.07x

123.24x

1166400

350400

817200

2457600

12535200

190586400

99756000

302877600

GB Logistics Commerce Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	205.82	115.62	1.26
EBITDA	5.65	5.61	1.47
PAT	3.61	3.60	0.77
Total Assets	46.12	44.97	20.90
Share Capital	8.19	5.74	0.01
Total Borrowings	15.09	3.51	5.38
Operating Activities (Net Cash)	4.02	3.90	0.98
Investing Activities (Net Cash)	2.77	1.94	0.00
Financing Activities (Net Cash)	15.09	3.51	5.38
Net Cashflow	2.63	0.15	1.31

About GB Logistics Commerce Ltd

Our Company was originally incorporated as a private limited company under the Companies Act, 2013 in the name and style of GB Logistics Private Limited bearing Corporate Identification Number U63030MH2019PTC334896 dated December 24, 2019 issued by the Registrar of Companies, Mumbai.

The Indian full truckload freight services industry plays a pivotal role in the country's logistics landscape, facilitating the transportation of goods for diverse sectors. Characterized by a competitive landscape with numerous players, the industry is driven by the growing demand for efficient and reliable cargo movement. Key factors include the extensive road network, technological advancements, and the integration of both owned and third-party fleets. Challenges such as regulatory compliance and fuel price fluctuations impact operational dynamics. As the economy expands, the industry continues to evolve, adapting to changing market dynamics and embracing innovations for enhanced efficiency and cost-effectiveness.

Peer Comparison:

VRL Logistics Ltd
Ritco Logistics Ltd
Orissa Bengal Carrier Ltd

GB Logistics Commerce Ltd Key Points

Strengths

Strong partnerships, alliances and affiliations with nodal agencies in the areas of agriculture and skill development.

Robust systems and processes across all functions of the company.

Strong technology backbone supported by a dedicated team of experienced professionals.

Favourable macro environment.

Risk

The average price/earnings (P/E) ratio of the listed industry peer set was 78.73x while its P/E ratio will be at premium of [*] times at the higher price band and [*] times at the lower price band. The trading price of its Equity Shares may fluctuate based on a comparison of the P/E ratio of the listed industry peer set and the Company.

There are certain recovery proceedings that are initiated against the Promoter of the Company.

The company has recently acquired its Material Subsidiary from its Promoter.

Strategy

Market Expansion and Coverage.

Operational Efficiency and Flexibility.

Specialized Handling and Value-Added Services.

Technological Integration for Efficiency.

Focus on Remote and Challenging Deliveries.

How To Apply for GB Logistics Commerce Ltd IPO Online?

Step 1:

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.

FAQs on IPO (Initial Public Offering)

What is the issue size of the GB Logistics Commerce Ltd IPO?

GB Logistics Commerce Ltd's IPO offers shares for up to 25.07 It begins on Jan 24, 2025 and ends on Jan 28, 2025.

What is the price of the GB Logistics Commerce Ltd IPO?

The price of GB Logistics Commerce Ltd IPO ranges between ₹95 to ₹102 per share.

What are the open and close dates for the GB Logistics Commerce Ltd IPO?

The GB Logistics Commerce Ltd IPO opens on Jan 24, 2025 and closes on Jan 28, 2025.

When will the GB Logistics Commerce Ltd IPO be allotted?

The allotment for the GB Logistics Commerce Ltd IPO will be finalised on Jan 29, 2025. The shares will be listed on BSE and NSE on Jan 31, 2025.

What is the minimum lot size required for GB Logistics Commerce Ltd IPO?

The minimum lot size for GB Logistics Commerce Ltd IPO is 1200 shares, priced between ₹95 to ₹102 per share.

What is the GMP of GB Logistics Commerce Ltd IPO?

The GMP (Grey Market Premium) of GB Logistics Commerce Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of GB Logistics Commerce Ltd IPO?

To check the allotment status of GB Logistics Commerce Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the GB Logistics Commerce Ltd IPO getting listed?

The GB Logistics Commerce Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jan 24, 2025, and closes on Jan 28, 2025. The allotment is finalised on Jan 29, 2025.

How do you apply for the GB Logistics Commerce Ltd IPO?

To apply for the GB Logistics Commerce Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.