GB Logistics Commerce Ltd
GB Logistics Commerce Ltd IPO: A Comprehensive Overview
The upcoming Initial Public Offering (IPO) of GB Logistics Commerce Ltd has generated significant interest among investors. With a focus on logistics services and trading in agricultural commodities, the company offers a promising business model that caters to diverse market demands. Below, we delve into all the critical details about this IPO, including its timeline, pricing, and other key highlights.
Company Overview
GB Logistics Commerce Ltd, established in 2019, operates in two main segments:
- Logistics Services: Providing full truckload freight services, including specialized handling, godown-to-godown transportation, and remote area deliveries. The company utilizes both its own fleet and third-party transportation resources.
- Trading of Agricultural Commodities: Engaging in the trading of crops and other agricultural products, which diversifies the revenue stream.
With an experienced management team and a well-established operational infrastructure, GB Logistics has positioned itself as a reliable service provider in these sectors.
IPO Timeline
The IPO is set to open for subscription on January 24, 2025, and will close on January 28, 2025. Shares will be listed on the BSE SME platform to provide broader visibility and attract investors.
| Event | Date |
|---|---|
| IPO Opening Date | January 24, 2025 |
| IPO Closing Date | January 28, 2025 |
| Basis of Allotment | January 29, 2025 |
| Refund Initiation | January 30, 2025 |
| Credit of Shares to Demat | January 30, 2025 |
| Listing Date | January 31, 2025 |
Price Band and Lot Size
The IPO price band is set between ₹95 to ₹102 per equity share, with a face value of ₹10 per share. The lot size is designed to accommodate retail and institutional investors alike.
| Details | Information |
| Price Band | ₹95 to ₹102 |
| Lot Size (Minimum) | 1,200 shares |
| Minimum Investment Amount | ₹1,22,400 |
| Maximum Retail Lots | 1 lot (1,200 shares) |
Financial Highlights
GB Logistics Commerce Ltd has showcased steady financial growth in recent years. Here’s a snapshot of its key financial metrics:
- Revenue (FY 2024): ₹115.63 crores
- Profit After Tax (FY 2024): ₹4.86 crores
- Revenue (H1 FY 2025): ₹50.85 crores
- Net Worth (as of FY 2024): ₹20.55 crores
These figures reflect the company’s operational efficiency and potential for sustained profitability.
Strengths
- Diverse Service Offerings: Comprehensive logistics solutions and trading capabilities.
- Strong Management Team: Experienced leadership ensures operational excellence.
- Established Client Base: Partnerships with medium and large enterprises ensure consistent demand.
Risks
- Dependence on Third-Party Logistics: Exposure to price and service risks.
- Regulatory Challenges: Adherence to changing compliance requirements.
- Market Competition: Operating in a competitive landscape with established players.
Anchor Investors and Promoter Holdings
A portion of the IPO is reserved for anchor investors. Below is a summary of promoter holdings:
| Shareholder | Pre-Issue Holding | Post-Issue Holding |
| Prashant Natwarlal Lakhani | 74.85% | To be updated |
Grey Market Premium (GMP)
The Grey Market Premium (GMP) indicates the sentiment around the IPO. As of now, no specific GMP data is available. Investors are advised to monitor updated sources for the latest GMP trends.
| Date | GMP (₹) |
| To be updated | To be updated |
Final Thoughts
The GB Logistics Commerce Ltd IPO offers an opportunity to invest in a company with a solid operational framework and a diversified revenue model. While the logistics sector continues to grow in India, investors should weigh the associated risks and perform their own due diligence before applying.