A Oneindia Venture

GB Logistics Commerce Ltd. IPO

Min Investment
₹ 1,22,400 / 1200 shares
Price Range
₹95 - ₹ 102
Bidding Dates
24 Jan '25 - 28 Jan '25
Total Issue Value
25.07 Cr
Lot Size
1,200
Total Issue Size
25.07 Cr
Listing At
NSE SME
Subscription
122.65 times
BSE Price
50.00 (-50.98%)

IPO Timeline

  • 24 Jan 2025
    Bidding Starts
  • 28 Jan 2025
    Bidding Ends
  • 29 Jan 2025
    Allotment Finalization
  • 31 Jan 2025
    Listing

About GB Logistics Commerce Ltd.

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 ... Read more

Parent organisation
Founded
GB Logistics Commerce Ltd.
2019

GB Logistics Commerce Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 6,99,600 (28.47%)
Market Makers 1,23,600 (5.03%)
Non Institutional Investors 3,50,400 (14.26%)
Qualified Institutional Buyers (QIBs) 4,66,800 (18.99%)
Retail Individual Investors (RIIs) 8,17,200 (33.25%)

GB Logistics Commerce Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2025 65.05 Cr 3.61 Cr 35.55 Cr
31 Mar 2024 64.46 Cr 3.60 Cr 11.00 Cr
31 Mar 2023 40.44 Cr 76.86 Lakh 1.79 Cr

GB Logistics Commerce Ltd. Background

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, ...

Read more

Major Events And Milestones
  • 2019
    Incorporation of our company
  • 2020
    Expansion of business by opening of branch office at Raipur
  • 2021
    Expansion of business by opening of branch office at Hyderabad
  • 2023
    Acquisition of our wholly owned Subsidiary, GB Hospitality (India) Private Limited.
    Converted from private to public limited company.
GB Logistics Commerce Ltd. Object of Issues

1. Prepayment or repayment of a portion of certain outstanding borrowings availed by our Company
2. Working Capital Requirements
3. Fund Expenditure Towards Purchase of Truck Chassis and Truck Bodies
4. General corporate purposes

GB Logistics Commerce Ltd. IPO Listing Details
Listing Date
31 Jan 2025
ISIN
INE0RWU01016
Final Issue Price
₹ 102
GB Logistics Commerce Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 102.00 -
Open ₹ 81.60 -
Low ₹ 77.55 -
High ₹ 85.65 -
Last Trade ₹ 81.75 -
GB Logistics Commerce Ltd. Company Promoters

1. Prashant Natwarlal Lakhani

Industry Overview

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 ... Read more

GB Logistics Commerce Ltd. Contact Details
Address: B-3, Saptak Plaza, Shivaji Nagar, Nagpur Maharashtra - 440010
Phone no:9881078877
9881078877
|
GB Logistics Commerce Ltd. IPO Registrar
Maashitla Securities Pvt. Ltd.
451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura Delhi - 110034
45121795, 45121796
GB Logistics Commerce Ltd. IPO Lead Manager(s)
SKI Capital Services Limited
718, Dr. Joshi Road, Karol Bagh, New Delhi Delhi - 110005
41189899

FAQs

When does GB Logistics Commerce Ltd. IPO opens and closes?

GB Logistics Commerce Ltd. IPO opens from 24th January to 28th January 2025.

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

The size of the GB Logistics Commerce Ltd. IPO is ₹25.07 Cr.

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

The price range of GB Logistics Commerce Ltd. IPO is at ₹95 to ₹102 per share.

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

The minimum investment required is ₹1,22,400 and minimum lot size is 1200 shares.

When is GB Logistics Commerce Ltd. IPO listing date?

The GB Logistics Commerce Ltd. IPO will be listed on 31st January 2025.

What is the objective of GB Logistics Commerce Ltd. IPO?

1. Prepayment or repayment of a portion of certain outstanding borrowings availed by our Company
2. Working Capital Requirements
3. Fund Expenditure Towards Purchase of Truck Chassis and Truck Bodies
4. General corporate purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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