GB Logistics Commerce Limited IPO is opening on 24 January 2025 and will be open until 28 January 2025. This SME IPO will be raising ₹25.07 crore from a completely fresh issue of 24.58 lakh equity shares.
The GB Logistics Commerce IPO allotment date will be finalized on Wednesday, 29 January 2025. GB Logistics Commerce shares will probably be listed on BSE SME on Friday, 31 January 2025.
GB Logistics Commerce IPO’s price band has been set at ₹95 to ₹102 per share. The IPO lot size is 1200 per application which makes the minimum retail investment ₹122400. For the HNIs, the minimum investment is ₹244800 for buying 2 lots or 2400 shares.
Here Are the Quick Steps to Apply for the GB Logistics Commerce SME IPO with the Best IPO App!
GB Logistics Commerce BSE SME IPO Details
Detail | Information |
IPO Opening Date | January 24, 2025 |
IPO Closing Date | January 28, 2025 |
Tentative IPO Listing Date | January 31, 2025 |
Face Value | ₹10 per share |
Price Range | ₹95 to ₹102 per share |
Lot Size | 1200 shares |
Total Issue Size | 2457600 shares (₹25.07 Cr) |
Fresh Issue | 2457600 shares (₹25.07 Cr) |
IPO Segment | Book Built Issue IPO |
Listing At | BSE SME |
Share Holding Pre-Issue | 5736848 shares |
Share Holding Post-Issue | 8194448 shares |
GB Logistics Commerce Limited | Company Overview
GB Logistics Commerce Limited is a comparatively new venture which is engaged in the business of logistics and supplies fleets of vehicles, qualified drivers, charter networks and more to meet all the transportation needs of its clients. The company is known for its flexibility, high responsiveness and high-capacity transportation options.
The firm usually deals with large-scale enterprises and medium-scale enterprises and it offers both owned vehicles and also third-party vehicles for running the logistics smoothly. It offers full-truck load, godown-to-godown transportation, above-ground flood deliveries, and special handling, and also has expertise in remote location deliveries which are challenging too.
Apart from the logistic services, GB Logistics also have another business segment which is engaged in the trading of agricultural commodities.
GB Logistics Commerce Limited IPO | Key Details
- GB Logistics Commerce IPO Opening Date: January 24, 2025,
- GB Logistics Commerce IPO Closing Date: January 28, 2025.
- Allotment Date: January 29, 2025
- Price Band: ₹95 to ₹ 102 per share
- Lot Size: 1200 shares
- Refunds Initiated: January 30, 2025
- Shares Credited to Demat: January 30, 2025
- Listing Date: January 31, 2025
GB Logistics Commerce Ltd: Financial Overview
GB Logistics Commerce Limited saw a drop in its revenue in the half year ended on 30 September 2024 compared to the annual revenue of FY24. It fell by 56% while profits fell by around 48%. However, net worth, reserve and surplus increased during the six months ended on 30 September 2024.
Here are the details of the financials of the firm
Amounts in ₹ Crore
Financial Information | 30 Sep 2024 | 31 Mar 2024 | Absolute Change | Change (%) |
Assets | 59.28 | 58.6 | 0.68 | 1.160409556 |
Revenue | 50.85 | 115.63 | -64.78 | -56.0235233 |
Profit After Tax | 2.53 | 4.86 | -2.33 | -47.9423868 |
Net Worth | 20.55 | 17.77 | 2.78 | 15.6443444 |
Reserve & Surplus | 14.81 | 12.04 | 2.77 | 23.00664452 |
Total Borrowing | 20.07 | 15.72 | 4.35 | 27.67175573 |
GB Logistics Commerce Ltd IPO | FAQs
GB Logistics Commerce Ltd is engaged in logistic services where it offers full truck load services, a fleet of vehicles, a charter network and more.
The tentative IPO listing date of GB Logistics Commerce has been fixed as Friday, January 31, 2025.
The bidding date for the GB Logistics Commerce IPO is January 24, 2025, and it will continue until January 28 2025.
The minimum IPO lot size for GB Logistics Commerce is 1200 shares and for HNIs, it is 2 lots or 2400 shares.
The IPO allotment is expected to be finalized on Wednesday, January 29, 2025.
The IPO face value is set at ₹10 per share.
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