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BLT Logistics IPO
550.04xsubscribed

BLT Logistics IPO

Logistics
listed
₹2.27LMin. investment

BLT Logistics Limited IPO Details

SectorLogistics
Price range₹71.00 – ₹75.00
IPO type
SME
Lot size1600 shares
Issue size₹9Cr
Red Herring Prospectus
Read
Market cap
₹35.97CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹47.92CrLower than sector avg
Growth rate3Y CAGR
15.59%Higher than sector avg

BLT Logistics IPO Subscription Status

Date
QIB
NII
Retail
Total
04-Aug-25
0.0 times (X)
4.1 times (X)
2.77 times (X)
2.27 times (X)
05-Aug-25
1.04X
17.28X
21.8X
14.92X
06-Aug-25
81.8X
986.12X
629.44X
550.04X

As on 04-Aug-25, 5:30 PM

BLT Logistics IPO Timeline

  1. Pre-apply
    3 Aug 2025
  2. Bid start
    4 Aug 2025
  3. Bid end
    6 Aug 2025
  4. Allotment
    7 Aug 2025
  5. Release of funds
    8 Aug 2025
  6. Demat transfer
    8 Aug 2025
  7. Listing
    11 Aug 2025

About BLT Logistics Limited

Incorporated in 2011, BLT Logistics is currently a 2PL provider transitioning into a 3PL player by integrating warehousing services with transportation. In FY25, transportation & allied services contributed 99.76% of revenue, while warehousing accounted for 0.24%. The company serves 200+ B2B clients and operates a fleet of 121 containerised trucks (106 owned, 15 via subsidiary Sabarmati Express). Since entering warehousing in 2023, it has managed five warehouses with ~36,300 sq ft of space. It operates across multiple states, with Maharashtra contributing the highest share of revenue at 41.83%. The top 10 clients account for 64.46% of revenue, reflecting the strength of its customer relationships.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Objectives of Blt Logistics Limited IPO

Capital expenditure
39.92%
The company will use ₹3.87 crore to purchase trucks and ancillary equipment
General corporate purposes
31.27%
Part of the IPO proceeds will be used for general corporate purposes.
Working capital
28.81%
The company will spend ₹2.80 crore towards working capital requirements

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹47.92Cr15.59%₹3Cr₹35.97Cr8.741.55
This sector (avg.)₹711.28Cr0.02%-₹13.78Cr₹1,677.75Cr34.350.59
₹8,887.02Cr---₹1,291.84Cr₹38,252.26Cr31.230.07
₹6,763.79Cr---₹787.42Cr₹25,640.55Cr35.750.99
₹426.73Cr----₹38.28Cr₹10,164.42Cr29.860.03

*Revenue for financial year 2024-25. Lower P/E and D/E ratios are generally preferred.

BLT Logistics IPO Contact Details

Company NameBLT Logistics Limited

How to apply for BLT Logistics IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Blt Logistics Limited IPO FAQs