GB Logistics Commerce Limited
GB Logistics Commerce Limited
SME BSE SME 100% Book Built Offer
Closed

Price Band

₹95 - ₹102

Total Issue

₹25 Cr

Bid Dates

24 Jan - 28 Jan

Subscription

0.00x

Listing Price

₹81 (-20.59%)

Website RHP Check Allotment

Valuation

Market Cap

₹83.58 Cr

P/E Ratio

12.03x

P/B Ratio

3.29x

GB Logistics Commerce IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

GB Logistics Commerce Limited, founded on December 24, 2019, by Mr. Prashant Natwarlal Lakhani, is a freight service provider specializing in full truckload logistics for medium and large businesses. The company operates through both owned and third-party transport networks, offering end-to-end cargo movement solutions across industries. It also owns GB Hospitality (India) Private Limited, which operates in a related field.

GB Logistics Commerce IPO Lot Size

Lot Information for GB Logistics Commerce IPO
Category Lots Shares Amount
Ind (Min) 1 1,200 ₹1,22,400
Ind (Max) 1 1,200 ₹1,22,400
S-HNI (Min) 2 2,400 ₹2,44,800
S-HNI (Max) 8 9,600 ₹9,79,200
B-HNI (Min) 9 10,800 ₹11,01,600
Allocate Funds
Market Maker
1,23,600 EQ Share
Employee
₹0.00
Shareholder
₹0.00

GB Logistics Commerce IPO Size

Total ₹25 Cr
Fresh Issue
₹25 Cr (0.25 Cr Shares)
Offer For Sale
₹0 (0.00 Shares)

Objects of Issue

  1. Prepayment or repayment of a portion of certain outstanding borrowings availed by our Company
  2. Working Capital Requirements
  3. Fund expenditure towards purchase of truck chassis and truck bodies
  4. General corporate purposes

GB Logistics Commerce IPO Live Subscription

Updated as on Last updated time: N/A

GB Logistics Commerce IPO Subscription Status (BSE SME)
Category Sub (x) Offered Bids
QIB 0.00x 4,66,800 0
NII 0.00x 3,50,400 0
Retail 0.00x 8,17,200 0
Total 0.00x 16,34,400 0

GB Logistics Commerce IPO Details Live GMP

GMP ₹0
Est. Price ₹102
Est. Gain 0.00%

GB Logistics Commerce IPO Peer Comparison

(Rs. in crores)

GB Logistics Commerce IPO Peer Comparison Table
Particulars Co. VRL Logistics Ritco Logistics Orissa Bengal Carrier
Revenue from Ops (in Crs.) 115.62 2,888.62 933.30 335.18
PAT (In Crs.) 4.86 89.06 32.65 3.69
ROCE 14.51% 7.27% 7.41% 3.58%
EBITDA 8.01% 14.35% 8.46% 1.63%
PAT Margin 4.21% 3.08% 3.50% 1.10%
Price to earning (PE) 12.03 56.74 30.60 32.90
  • All the information pertains to FY 2023-24
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 31, 2024 for Peers

GB Logistics Commerce IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for GB Logistics Commerce IPO
Particulars Sep-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 50.84 115.62 40.30 17.24
Profit after Tax 2.53 4.86 0.77 0.96
Net Worth 20.55 17.77 1.80 1.03
Total Borrowing 20.07 15.72 4.92 1.18
Total Assets 42.54 48.36 21.89 11.49
NAV per share (in ₹) 35.82 30.98 1,801.92 1,033.33
EPS - Basic (in ₹) 4.41 8.48 1.34 1.67

Key Performance Indicators (KPIs)

EBITDA

8.01%

PAT

4.21%

ROE

27.36%

ROCE

14.51%

  • All Ratios are based on Mar 24
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.

Promoter Holding

Promoter

74.85%

Public

25.15%

Management

Prashant Natwarlal Lakhani
MD
Navin Keshrimal Mehta
CFO
Kashyap Budhaji Pakhide
Chairman

Registrar & Lead Managers

Registrar

Maashitla Securities

Lead Managers (1)

SKI Capital

Company Details

Name : GB LOGISTICS COMMERCE LIMITED

Address : B-3, Saptak Plaza, Shivaji Nagar, Nagpur-440010

Number : 9881078877

Email : compliance@gblogisticsindia.com

Website : www.gblogisticsindia.com

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Frequently Asked Questions (FAQs)

What is GB Logistics Commerce IPO?
GB Logistics Commerce IPO is a SME IPO having an issue size of ₹25 Crs. GB Logistics Commerce IPO is priced at ₹95 - ₹102 per share. The issue opens on 24 Jan 25 and closes on 28 Jan 25.
When will GB Logistics Commerce IPO open?
GB Logistics Commerce IPO opens on 24 Jan 25 and closes on 28 Jan 25.
What is the GMP of GB Logistics Commerce IPO?
The estimated Grey Market Premium of GB Logistics Commerce IPO is ₹0 per share (0.00%).
What is the lot size of GB Logistics Commerce IPO?
The minimum lot size of GB Logistics Commerce IPO is 1200 shares & the minimum application amount is Rs. 122400.
When is the allotment of GB Logistics Commerce IPO?
The allotment date of GB Logistics Commerce IPO is 29 Jan 25.
What is the listing date of GB Logistics Commerce IPO?
The listing date of GB Logistics Commerce IPO is 31 Jan 25.
What is the subscription of GB Logistics Commerce IPO?
GB Logistics Commerce IPO is subscribed - times.
What is the price band of GB Logistics Commerce IPO?
GB Logistics Commerce IPO is priced at ₹95 - ₹102 per share.
How to check allotment status of GB Logistics Commerce IPO?
Click the allotment link on GB Logistics Commerce IPO page of IPO360.
How to apply GB Logistics Commerce IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply GB Logistics Commerce IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply GB Logistics Commerce IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select GB Logistics Commerce IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date

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