GB Logistics Commerce Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,166,400 (47%) | — | ₹1,190 Cr |
| NII (HNI) | — | 350,400 (14%) | — | ₹357 Cr |
| Retail | — | 817,200 (33%) | — | ₹834 Cr |
| Market Maker | — | 123,600 (5%) | — | ₹13 Cr |
| Σ Total | — | 2,457,600 (100%) | — | ₹25,068 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 | 1,200 | ₹122,400 |
| Retail (Max) | 13 | 15,600 | ₹1,591,200 |
| S-HNI (Min) | 14 | 16,800 | ₹1,713,600 |
| B-HNI (Min) | 67 | 80,400 | ₹8,200,800 |
Financial Statements Amount in ₹ Crores
| Metric | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 51 | 116 | — |
| Profit After Tax | 3 | 5 | 1 |
| Net Worth | 21 | 18 | 2 |
| Total Assets | 59 | 59 | — |
| Reserves & Surplus | 15 | 12 | — |
| Total Borrowing | 20 | 16 | 5 |
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
- Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company –
- Working Capital Requirements –
- Fund expenditure towards the purchase of truck chassis and truck bodies –
- General corporate purposes –
Company Overview
Incorporated in 2019, GB Logistics Commerce Limited is engaged in the business of Logistics.
The company offers qualified drivers, a fleet of vehicles, and a charter network for flexibility, responsiveness, and high-capacity transportation.
The company offers full truckload freight services to large and medium-sized enterprises, leveraging both its own and third-party transportation resources to efficiently manage logistics.
The company operates in two Business Segments Logisticsand Trading of Agricultural Commodities.
In Logistics the company offers Full Truck Load, special handling, godown-to-godown transportation, above-ground floor deliveries, and expertise in Out of Delivery Area (ODA) shipments to remote and challenging locations.
In Trading of Agricultural Commodities the company focuses on logistics near agricultural commodities, capitalizing on incidental trading opportunities to generate additional revenue, and diversifying income while supporting the agricultural and logistics sectors.
As of January 15, 2024, the company has 39 full-time employees.
Competitive Strength:
- Robust Fleet and Infrastructure
- Expertise and Experience
- Strategic Partnerships