BLT Logistics Limited IPO
BLT Logistics Limited IPO
Price Band
₹71 - ₹75
Total Issue
₹9.72 Cr
Bid Dates
04 Aug - 06 Aug
Subscription
504.43x
Est. GMP
₹28 (37.33%)
Tentative Timetable
Business Overview
BLT Logistics is engaged in providing surface transportation of goods through containerized trucks and warehousing services to a wide range of industries and businesses across India. Its logistics operations are supported by a mix of company-owned vehicles and third-party operators including small fleet owners and agents who supply containerized trucks. The company primarily caters to B2B customers requiring the transportation of goods in bulk across the country. Over time, BLT Logistics has strategically expanded its service offerings under its Transportation & Allied Services vertical, which now includes packing and moving services and the transportation of project cargo. To further strengthen its capabilities and provide comprehensive logistics solutions, the company has also entered the warehousing segment, offering end-to-end storage and inventory management services tailored to client needs.
Lot Info
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Min) | 2 | 3,200 | ₹2,40,000 |
| Individual (Max) | 2 | 3,200 | ₹2,40,000 |
| S-HNI (Min) | 3 | 4,800 | ₹3,60,000 |
| S-HNI (Max) | 8 | 12,800 | ₹9,60,000 |
| B-HNI (Min) | 9 | 14,400 | ₹10,80,000 |
Issue Size
Objects of the Issue
A1
A2
A3
Grey Market Premium
| Date | GMP (₹) | Est. Price |
|---|---|---|
| 08 Aug | ₹28 (37.3%) | ₹103 |
| 07 Aug | ₹37 (49.3%) | ₹112 |
| 06 Aug | ₹37 (49.3%) | ₹112 |
| 05 Aug | ₹31 (41.3%) | ₹106 |
| 04 Aug | ₹15 (20%) | ₹90 |
BLT Logistics IPO Peer Comparison
(Rs. in crores)
| Particulars | BLT Logistics | Premier Roadlines | Coastal Roadways |
|---|---|---|---|
| Revenue from Ops (in Crs.) | 49.17 | 288.89 | 41.00 |
| PAT (In Crs.) | 3.00 | 15.69 | 1.47 |
| EPS - Basic | 10.97 | 7.11 | 3.50 |
| NAV per share | 25.08 | 38.98 | 56.42 |
| RONW | 43.73% | 17.66% | 6.27% |
| EBITDA | 15.85% | 8.53% | 7.39% |
| PAT Margin | 6.27% | 5.44% | 3.58% |
| Price to earning (PE) | 6.84 | 11.42 | 8.29 |
All the information pertains to FY 2024-25, few data is based on Standalone basis as presented in RHP. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 28, 2025 for Peers
Financial Performance
(Rs. in crores)
| Particulars | Mar-25 | Mar-24 |
|---|---|---|
| Revenue from Operations | 49.17 | 40.35 |
| Profit after Tax | 3.84 | 3.13 |
| Net Worth | 8.78 | 4.94 |
| Total Borrowing | 13.65 | 12.02 |
| Total Assets | 26.27 | 21.32 |
| NAV per share (in ₹) | 25.08 | 14.11 |
| EPS - Basic (in ₹) | 10.97 | 8.97 |
KPIs
EBITDA
15.85%
PAT
6.27%
ROE
49.07%
ROCE
27.66%
PE Ratio
6.84
PB Ratio
2.99
Mkt Cap (in Crs.)
35.97
All Ratios are based on Mar 25 and are based on Standalone Financial Statements. PE, PB, and market capitalization are calculated based on the Upper Price Band.
Shareholding
Promoter
99.95%
Public
0.05%
Management
Subscription Status
Updated as on 06 Aug 2025 | 05:00:00 PM
| Category | Sub (x) | Offered | Bids |
|---|---|---|---|
| QIB | 81.80x | 2,40,000 | 1,96,32,000 |
| NII | 1,017.65x | 1,80,800 | 18,39,92,000 |
| bHNI | 1,186.60x | 1,20,000 | 14,23,92,000 |
| sHNI | 684.21x | 60,800 | 4,16,00,000 |
| Individual Investor | 637.40x | 4,22,400 | 26,92,38,400 |
| Total | 560.80x | 8,43,200 | 47,28,62,400 |
Frequently Asked Questions
What is BLT Logistics IPO?
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How to apply BLT Logistics IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply BLT Logistics IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply BLT Logistics IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select BLT Logistics IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date