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GB Logistics Commerce IPO
179.02xsubscribed

GB Logistics Commerce IPO

Logistics
listed
₹1.14LMin. investment

GB Logistics Commerce Limited IPO Details

SectorLogistics
Price range₹95.00 – ₹102
IPO type
SME
Lot size1200 shares
Issue size₹25Cr
Red Herring Prospectus
Read
RevenueApr 2023 - Mar 2024
₹64.45CrLower than sector avg
Growth rate3Y CAGR
55.21%Higher than sector avg

GB Logistics Commerce IPO Subscription Status

Date
QIB
NII
Retail
Total
24-Jan-25
7.0 times (X)
3.25 times (X)
6.14 times (X)
5.76 times (X)
27-Jan-25
7.0X
8.17X
16.64X
12.07X
28-Jan-25
26.85X
533.2X
114.07X
179.02X

As on 24-Jan-25, 5:30 PM

GB Logistics Commerce IPO Timeline

  1. Pre-apply
    23 Jan 2025
  2. Bid start
    24 Jan 2025
  3. Bid end
    28 Jan 2025
  4. Allotment
    29 Jan 2025
  5. Release of funds
    30 Jan 2025
  6. Demat transfer
    30 Jan 2025
  7. Listing
    31 Jan 2025

About GB Logistics Commerce Limited

GB Logistics Commerce Limited operates in logistics and agricultural commodities trading. In logistics, it offers full truckload services, special handling, godown-to-godown transportation, and expertise in out-of-delivery area shipments. The company’s fleet ensures extensive domestic coverage and reliable delivery. Its trading division diversifies revenue while supporting both sectors. Through its subsidiary, GB Hospitality, the company strengthens its logistics reach, serving a wide range of industries with flexible, efficient services tailored to customer needs.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Objectives of Gb Logistics Commerce Limited IPO

Repayment or pre-payment of borrowing
The company will use ₹50 Cr to repay or prepay of certain outstanding borrowings.
Fund expenditure
The company will spend ₹3.80 Cr towards purchase of truck chassis and truck bodies.
Working capital requirements
The company will use ₹9.37 Cr for its own working capital needs.

Compare

CompanyRevenue*3Y growthPAT
This IPO₹64.45Cr55.21%₹48.36Cr
This sector (avg.)₹711.28Cr0.02%-₹13.78Cr
₹8,887.02Cr---₹1,291.84Cr
₹6,763.79Cr---₹787.42Cr
₹426.73Cr----₹38.28Cr

*Revenue for financial year 2023-24. Lower P/E and D/E ratios are generally preferred.

GB Logistics Commerce IPO Contact Details

Company NameGB Logistics Commerce Limited

How to apply for GB Logistics Commerce 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.

Gb Logistics Commerce Limited IPO FAQs