GB Logistics Commerce
CLOSEDIPO Date: 24 Jan - 28 Jan 2025
Listing Date: 31 Jan 2025
Price Range
₹95 – ₹102
Issue Size
25 Cr
Min Investment
₹1,14,000
Lot Size
1200 Shares
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 IPO | Amount |
|---|---|
| Overall | 25 Cr |
| Fresh Issue | 25.07 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 29 Jan 2025 |
| Allotment Link | {Link} |
Grey Market PremiumNew
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.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 31 Jan 2025 | ₹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 Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹95 – ₹102 | ₹ 82 (-19.85%) | ₹ 42.29 | -58.54% |
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 in | 2019 |
| Managing director | Mr. Prashant Natwarlal Lakhani |
| Parent organization | GB Logistics Commerce Ltd |
Financial Overview
Strengths
- Strong focus on full truckload freight services
- Flexible mix of owned and third-party transport
- Experienced leadership ensures growth
- Growing revenue shows financial strength
Risks
- Regulatory compliance challenges.
- Legal cases may affect trust.
- Fuel price volatility impacts costs.
- High short-term debt raises risk
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 25.1 |
| Non-Institutional Investors (NIIs) | 543 |
| Retail Individual Investors (RIIs) | 121 |
| Employee | N/A |
| Total | 184.64 |