Global Ocean is a freight forwarding enterprise offering multimodal logistics solutions across ocean, road, rail and air transportation. Its service portfolio includes ocean freight forwarding (including coastal shipping and ODC cargo), road and rail transport, air freight forwarding, container freight station (CFS) services, customs clearance, and other allied logistics services. It also provides integrated solutions such as project logistics and third-party logistics (3PL). Operations are conducted through major Indian ports including Nhava Sheva, Hazira, Mundra, Chennai, Pune and Tuticorin, with pan-India coverage across over 23 states and union territories through four marketing offices. Between Fiscal 2023 and September 30, 2025, the company handled over 30,500 shipments and approximately 91,968 TEUs across 263 global ports, supported by an experienced in-house team.
Price Band₹74 - ₹78 |
Dates17 Dec - 19 Dec |
GMP₹0 (0.00%) |
Subscriptions12.75 times |
Issue Size₹30.41 Crs |
17 Dec 25
19 Dec 25
22 Dec 25
23 Dec 25
23 Dec 25
24 Dec 25
Price Band₹74 - ₹78 |
Listing AtBSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹30.41 Cr (0.39 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹30.41 Cr (0.39 Cr Shares) |
Face Value₹10 per equity share |
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Individual Investor |
Minimum
2
3,200
2,49,600
Maximum
2
3,200
2,49,600
|
|||
| Small HNI |
Minimum
3
4,800
3,74,400
Maximum
8
12,800
9,98,400
|
|||
| Big HNI |
Minimum
9
14,400
11,23,200
|
|||
Updated as on 19 Dec 2025 | 05:00:00 PM
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 4.77 | 7,39,200 | 35,23,200 |
| NII | 22.08 | 5,56,800 | 1,66,03,200 |
| bNII (bids above ₹10L) | 37.16 | 3,71,200 | 1,37,93,600 |
| sNII (bids between ₹2L to ₹10L) | 15.14 | 1,85,600 | 28,09,600 |
| Retail | 11.90 | 12,99,200 | 1,54,59,200 |
| Total | 12.75 | 27,90,400 | 3,55,85,600 |
The estimated Grey Market Premium of Global Ocean IPO is ₹0 per share (0.00%)
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of Net Offer |
| NII | Not less than 15% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Market Maker | 1,95,200 EQ. Shares |
| Particulars | Sep-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Revenue | 107.29 | 190.56 | 102.20 | 189.01 |
| PAT | 4.54 | 6.82 | 2.63 | 3.83 |
| Net Worth | 21.93 | 17.39 | 8.57 | 5.94 |
| Borrowings | 4.17 | 1.15 | 4.03 | 5.39 |
| Assets | 46.51 | 35.22 | 23.56 | 18.07 |
| NAV (₹) | 20.80 | 16.49 | 85.73 | 59.39 |
| EPS (₹) | 4.31 | 6.98 | 2.75 | 3.97 |
The financial information presented is on a consolidated basis.
| KPI | VALUES |
|---|---|
| EBITDA | 4.93% |
| PAT | 3.58% |
| Debt to Equity | 0.07 |
| PE Ratio | 11.17 |
| PB Ratio | 4.73 |
| Mkt Cap (in Crs.) | 112.65 |
| Particulars | Global Ocean | SJ Logistics | Blue Water | Tiger logistics |
|---|---|---|---|---|
| Revenue | 190.56 | 502.49 | 196.18 | 536.31 |
| PAT | 6.82 | 52.49 | 10.67 | 27.02 |
| EPS | 6.98 | 35.76 | 13.34 | 2.55 |
| NAV | 16.49 | 113.72 | 25.00 | 13.00 |
| RONW | 39.19% | 24.13% | 41% | 22% |
| EBITDA | 4.93% | 15% | 9.56% | 5.76% |
| PAT Margin | 3.58% | 10.45% | 5.44% | 5.04% |
| PE Ratio | 11.17 | 12.05 | 12.07 | 15.09 |
| Debt to Equity | 0.07 | 0.28 | 1.82 | 0.25 |
All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of November 24, 2025 for Peers
| Particulars | Global Ocean |
|---|---|
| Revenue | 190.56 |
| PAT | 6.82 |
| EPS | 6.98 |
| NAV | 16.49 |
| RONW | 39.19% |
| EBITDA | 4.93% |
| PAT Margin | 3.58% |
| PE Ratio | 11.17 |
| Debt to Equity | 0.07 |
| SJ Logistics | Blue Water | Tiger logistics |
|---|---|---|
| 502.49 | 196.18 | 536.31 |
| 52.49 | 10.67 | 27.02 |
| 35.76 | 13.34 | 2.55 |
| 113.72 | 25.00 | 13.00 |
| 24.13% | 41% | 22% |
| 15% | 9.56% | 5.76% |
| 10.45% | 5.44% | 5.04% |
| 12.05 | 12.07 | 15.09 |
| 0.28 | 1.82 | 0.25 |
All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of November 24, 2025 for Peers
| Name | Shareholding |
|---|---|
| Niraj Narsaria | 50.80% |
| Anand Mehta | 30% |
| Others | 1.20% |
| Total | 82.00% |
| Name | Designation |
|---|---|
| Niraj Narsaria | Chairman & MD |
| Satish Singh | CFO |
Name: Global Ocean Logistics India Limited
Address: C-101, Business Square, Andheri Kurla Road, Andheri-East, Mumbai City, Mumbai - 400 093, Maharashtra, India
Number: +91 22 4877 8888
Email: cs@globalocean.in
Website: www.globalocean.in
Frequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Global Ocean IPO is a SME IPO having an issue size of Rs. ₹30.41 Crs. Global Ocean IPO is priced at ₹74 - ₹78 per share. The issue opens on 17 Dec 25 and closes on 19 Dec 25.
Global Ocean IPO opens on 17 Dec 25 and closes on 19 Dec 25.
The estimated Grey Market Premium of Global Ocean IPO is ₹0 per share (0.00%).
The minimum lot size of Global Ocean IPO is 1600 shares & the minimum application amount is Rs. 124800.
The allotment date of Global Ocean IPO is 22 Dec 25.
The listing date of Global Ocean IPO is 24 Dec 25.
Global Ocean IPO is subscribed 12.75 times.
Global Ocean IPO is priced at ₹74 - ₹78 per share.
Click the allotment link on Global Ocean IPO page of IPO360.