Global Ocean Logistics India Limited IPO

Global Ocean Logistics India Limited IPO

SME BSE SME 100% Book Built Offer
Closed

Price Band

₹74 - ₹78

Total Issue

₹30.41 Cr

Bid Dates

17 Dec - 19 Dec

Subscription

12.75x

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

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.

Lot Info

Lot Information for Global Ocean IPO
Category Lots Shares Amount
Individual (Min) 2 3,200 ₹2,49,600
Individual (Max) 2 3,200 ₹2,49,600
S-HNI (Min) 3 4,800 ₹3,74,400
S-HNI (Max) 8 12,800 ₹9,98,400
B-HNI (Min) 9 14,400 ₹11,23,200
Market Maker
1,95,200 EQ. Shares
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹30.41 Cr
Fresh Issue
₹30.41 Cr (0.39 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹0
Est. Price ₹78
Est. Gain 0.00%

Global Ocean IPO Peer Comparison

(Rs. in crores)

Global Ocean IPO Peer Comparison Table
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

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Global Ocean IPO
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

KPIs

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

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Shareholding

Promoter

82.00%

Public

18.00%

Niraj Narsaria 50.80%
Anand Mehta 30%
Others 1.20%

Management

Niraj Narsaria Chairman & MD
Satish Singh CFO

Registrar & Lead Managers

Registrar

KFin Technologies

KFin Technologies

Lead Managers (1)

Marwadi Chandarana Marwadi Chandarana

Subscription Status

Updated as on 19 Dec 2025 | 05:00:00 PM

BSE SME Subscription Status for Global Ocean IPO
Category Sub (x) Offered Bids
QIB 4.77x 7,39,200 35,23,200
NII 29.47x 5,56,800 1,64,08,000
bHNI 36.63x 3,71,200 1,35,98,400
sHNI 15.14x 1,85,600 28,09,600
Individual Investor 11.91x 12,97,600 1,54,59,200
Total 13.65x 25,93,600 3,53,90,400

Frequently Asked Questions

What is Global Ocean IPO?
Global Ocean IPO is a SME IPO having an issue size of ₹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.
When will Global Ocean IPO open?
Global Ocean IPO opens on 17 Dec 25 and closes on 19 Dec 25.
What is the GMP of Global Ocean IPO?
The estimated Grey Market Premium of Global Ocean IPO is ₹0 per share (0.00%).
What is the lot size of Global Ocean IPO?
The minimum lot size of Global Ocean IPO is 1600 shares & the minimum application amount is Rs. 124800.
When is the allotment of Global Ocean IPO?
The allotment date of Global Ocean IPO is 22 Dec 25.
What is the listing date of Global Ocean IPO?
The listing date of Global Ocean IPO is 24 Dec 25.
What is the subscription of Global Ocean IPO?
Global Ocean IPO is subscribed 12.75 times.
What is the price band of Global Ocean IPO?
Global Ocean IPO is priced at ₹74 - ₹78 per share.
How to check allotment status of Global Ocean IPO?
Click the allotment link on Global Ocean IPO page of IPO360.
How to apply Global Ocean 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 Global Ocean 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 Global Ocean IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Global Ocean 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