The GB Logistics IPO will be open for subscription from January 24, 2025, to January 28, 2025. This IPO, being a Book Built Issue, aims to raise ₹25.07 crores, with the entire amount coming from a fresh issue, and an offer for sale involving [.] equity shares at a face value of ₹10 per share. The share price is expected to be between ₹95 and ₹102, with the allocation being 35% for retail investors, 50% for QIBs, and 15% for HNIs. GB Logistics will be listed on the BSE on January 31, 2025, and the allotment date is set for January 29, 2025. In the fiscal year 2024, the company generated ₹115.63 crores in revenue and made a profit of ₹4.86 crores. Considering the financials, this IPO could be a good long-term investment opportunity.
GB Logistics IPO Details
Field
Value
ipo title
GB Logistics BSE SME
status
Listed
gain percentage
20%
subscription
184.64x
price
102
gmp
16
est listing
118 (15.69%)
ipo size
₹ 25.07 Cr
GB Logistics IPO Dates
Field
Value
lot
1,200
open
24-Jan
close
28-Jan
boa dt
29-Jan
listing
31-Jan
GB Logistics IPO Financial Report
The company achieved a revenue of ₹115.63 crores in 2024. In 2024, the company posted a profit of ₹4.86 crores.
Financial Year
2024
September 2024
Revenue
₹115.63
₹50.85
Expense
₹108.87
₹47.46
Profit
₹4.86
₹2.53
Total Assets
₹58.6
₹59.28
AboutGB Logistics IPO
GB Commerce Limited, founded in 2019, has quickly gained a strong reputation in the logistics business by offering high-quality transportation services across various industries. The company prides itself on providing skilled and trustworthy drivers, a reliable fleet of vehicles, and flexible, fast services. To maintain efficiency in the logistics market, GB Commerce utilizes its own trucks and partners with external resources to ensure reliable and timely deliveries, which builds strong trust among customers. The company operates in two main segments: logistics and agricultural commodity trading. In logistics, it offers services such as Full Truck Load (FTL), specialized handling, door-to-door transportation, deliveries to upper floors, and expertise in reaching remote and hard-to-reach areas, including Out of Delivery Area shipments. In the agricultural commodity sector, GB Commerce leverages incidental trading opportunities to increase revenue. With a dedicated team of 39 full-time staff, the company continues to grow and expand its operations.
GB Logistics IPO is an SME IPO where the company plans to raise ₹25.07 crores. The price range for the equity shares is ₹95 to ₹102 each, and the IPO will be listed on BSE.
When GB Logistics IPO will open for subscription?
The GB Logistics IPO will open for subscription on January 24, 2025, and will close on January 28, 2025, for Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and retail investors.
What is GB Logistics IPO Investors Portion?
The investment allocation for GB Logistics IPO is 50% for QIB, 15% for NII, and 35% for retail investors.
How to Apply for GB Logistics IPO?
You can apply for GB Logistics IPO online via ASBA through your bank account, or via UPI through stock brokers. Alternatively, you can apply offline by filling out a form through your stock broker.
What is GB Logistics IPO Issue Size?
The issue size of GB Logistics IPO is ₹25.07 crores.
What is GB Logistics IPO Price Band?
The price band for GB Logistics IPO shares is ₹95 to ₹102.
What is GB Logistics IPO Lot Size?
The minimum bid for GB Logistics IPO is 1200 shares, with a total bid amount of ₹1,22,400.
What is the GB Logistics IPO Allotment Date?
The allotment date for GB Logistics IPO is January 29, 2025.
What is the GB Logistics IPO Listing Date?
GB Logistics IPO is expected to list on the BSE on January 31, 2025.
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