GB Logistics Commerce

GB Logistics Commerce

LISTED

IPO Date: 24 Jan - 28 Jan 2025

Listing Date: 31 Jan 2025

Price Range

₹95 – ₹102

Issue Size

25 Cr

Min Investment

₹2,28,000

2 lots minimum (SEBI rule for SME)

Min Application

2400 Shares

1200 per lot × 2

View IPO Document

Schedule of GB Logistics Commerce

Issue open date

24 Jan 2025

Issue close date

28 Jan 2025

UPI mandate deadline

28 Jan 2025 (5 PM)

Allotment finalization

29 Jan 2025

Share credit

30 Jan 2025

Listing date

31 Jan 2025

Mandate end date

12 Feb 2025

Issue size

Funds Raised in the IPOAmount
Overall25 Cr
Fresh Issue25.07 Cr
Offer for Sale0 Cr

Allotment DetailsNew

Allotment TimelineDetails
Allotment Date29 Jan 2025
Allotment Link{Link}

Grey Market Premium

New

Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

DateIPO PriceGMPEst. Listing Price
31 Jan 2025Latest₹102₹15₹117(+15%)
30 Jan 2025₹102₹15₹117(+15%)
29 Jan 2025₹102₹27₹129(+26%)
28 Jan 2025₹102₹30₹132(+29%)
27 Jan 2025₹102₹30₹132(+29%)
25 Jan 2025₹102₹22₹124(+22%)
24 Jan 2025₹102₹22₹124(+22%)
23 Jan 2025₹102₹20₹122(+20%)

Performance GB Logistics Commerce

Issue PriceListing GainCurrent Market PriceP/L
₹95 – ₹102₹ 82 (-19.85%) ₹ 23.65-76.81%

About GB Logistics Commerce

GB Logistics Commerce Limited is a diversified company operating in the logistics and agricultural commodities trading sectors. The company specializes in full truckload freight services, utilizing a mix of owned and third-party transportation to cater to large and medium-sized enterprises across India. With a focus on market expansion, operational efficiency, and specialised handling, GB Logistics aims to be a leading player in the logistics landscape. The company also engages in the trading of agricultural commodities, leveraging its logistics network to enhance its revenue streams.

Founded in2019
Managing directorMr. Prashant Natwarlal Lakhani
Parent organizationGB Logistics Commerce Ltd

Financial Overview

Strengths

4
  1. 1

    Strong focus on full truckload freight services

  2. 2

    Flexible mix of owned and third-party transport

  3. 3

    Experienced leadership ensures growth

  4. 4

    Growing revenue shows financial strength

Risks

4
  1. 1

    Regulatory compliance challenges.

  2. 2

    Legal cases may affect trust.

  3. 3

    Fuel price volatility impacts costs.

  4. 4

    High short-term debt raises risk

Subscription Figures

CategorySubscription (No. of times)
Qualified Institutional Buyers (QIBs)25.1
Non-Institutional Investors (NIIs)543
Retail Individual Investors (RIIs)121
EmployeeN/A
Total184.64