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Neptune Logitek IPO
1.66xsubscribed

Neptune Logitek IPO

Logistics
listed
₹2.52LMin. investment

Neptune Logitek Limited IPO Details

SectorLogistics
Price range₹126 – ₹126
IPO type
SME
Lot size1000 shares
Issue size₹46Cr
Draft Red Herring Prospectus
Read
Market cap
₹172CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹257.25CrLower than sector avg
Growth rate3Y CAGR
17.70%Higher than sector avg

Neptune Logitek IPO Subscription Status

Date
QIB
NII
Retail
Total
15-Dec-25
0.0 times (X)
0.22 times (X)
1.73 times (X)
1.03 times (X)
16-Dec-25
0.0X
0.26X
2.25X
1.31X
17-Dec-25
0.0X
0.31X
2.89X
1.66X

As on 15-Dec-25, 5:30 PM

Neptune Logitek IPO Timeline

  1. Pre-apply
    12 Dec 2025
  2. Bid start
    15 Dec 2025
  3. Bid end
    17 Dec 2025
  4. Allotment
    18 Dec 2025
  5. Release of funds
    19 Dec 2025
  6. Demat transfer
    19 Dec 2025
  7. Listing
    22 Dec 2025

About Neptune Logitek Limited

Neptune Logitek Limited is an integrated logistics services provider that offers multi-modal coastal road and rail transport throughout India, air freight and courier services, freight forwarding and customs clearance, and multimodal coastal forwarding. It has a pan-India network of 9 branch offices and a head office. The company has a mixed asset-based business model consisting of both owned and leased vehicles. Additionally, with a valid PESO Class B licence, it runs a captive 60-kilometre fuel station, which helps to better manage fuel usage and optimise operational costs. As of August 2025, the company owned 192 trucks, serviced 1,604 customers, and handled 24,656 containers.
The company runs a centralised hub in Gandhidham with branches near the seaports of Kandla, Mundra, Pipavav, Hazira, Mangalore, Cochin, Chennai, Tuticorin, Kattupalli, and Vizag, supported by ICDs for smooth multimodal cargo movement. As of August 31, 2025, the company handled 26,936 tonnes in EXIM, 4,24,760 tonnes in transport, and 2,38,672 tonnes in freight forwarding. Forwarding income contributed 72.53% to the company's total revenue, followed by export income at 27.20% as of August 2025.

Checklist

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Objectives of Neptune Logitek Limited IPO

Capital Expenditure
72.80%
The company will utilise ₹33.94 crore towards the purchase of trucks and ancillary equipment.
General corporate purpose
12.90%
₹6.02 crore from net IPO proceeds will be used for general corporate purposes
Public issue expenses
9.90%
The company will use ₹4.64 crore for issue expenses.
Repayment of loan
4.20%
The company will utilise ₹2 crore for repayment of the loan.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹257.25Cr17.70%₹9.15Cr₹172Cr13.762.91
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.

Neptune Logitek IPO Contact Details

Company NameNeptune Logitek Limited

How to apply for Neptune Logitek 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.

Neptune Logitek Limited IPO FAQs