BLT Logistics Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 598,400 (46%) | — | ₹449 Cr |
| NII (HNI) | — | 180,800 (14%) | — | ₹136 Cr |
| Retail | — | 422,400 (33%) | — | ₹317 Cr |
| Market Maker | — | 94,400 (7%) | — | ₹7 Cr |
| Σ Total | — | 1,296,000 (100%) | — | ₹9,720 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹120,000 |
| Retail (Max) | 13 | 20,800 | ₹1,560,000 |
| S-HNI (Min) | 14 | 22,400 | ₹1,680,000 |
| B-HNI (Min) | 67 | 107,200 | ₹8,040,000 |
Financial Statements Amount in Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|
| Revenue | 49 | 41 |
| EBITDA | 10 | 8 |
| Profit After Tax | 4 | 3 |
| Net Worth | 9 | 5 |
| Total Assets | 26 | 21 |
| Reserves & Surplus | 5 | 1 |
| Total Borrowing | 14 | 12 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Funding capital expenditure requirement of our company towards purchase of trucks (“Vehicles”) and ancillary equipment (“Equipment”) – 3.88
- 2 To Meet Working Capital Requirements – 2.80
- 3 General Corporate Purpose – 1.59
Company Overview
Incorporated in 2011, BLT Logistics Limited is engaged in providing surface transportation of goods in containerized trucks and warehousing services to various industries and businesses.
The company's logistics operations are supported by its fleet, Sabarmati Express India Private Limited, and third-party operators, providing necessary transportation facilities like containerised trucks from small fleet owners and agents.
As of March 31, 2024, the company owns an operational fleet of 90 vehicles (3.5MT to 18MT) and 15 vehicles (9MT) as part of its 99.99% subsidiary, Sabarmati.
Services:
- Transportation & Allied Services: The company offers B2B transportation services, including FTL, LTL, packing, moving, and project cargo transportation, utilizing a diverse fleet and advanced technology for efficient, secure, and cost-effective logistics solutions.
- Warehousing Services: In 2023, the company expanded to offer warehousing services across three strategically located leased facilities, serving industries like electronics, retail, food, and MNCs, with detailed inventory reporting via MIS
As of March 31, 2024, the company has 37 employees.
Competitive Strengths:
- Long-standing business and track record
- Strong relationship with diverse customer base
- Wide range of logistics services and solutions
- Strong knowledge and experience of our promoters