BLT Logistics IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Aug 04 to Aug 06 2025
Price Band
₹75
Current GMP
₹90.95(+21.27%)
Subscription
560.69 times
IPO Details
| IPO Date | August 4, 2025 to August 6, 2025 |
| Listing Date | August 11, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹75 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 12,96,000 shares (aggregating up to ₹9.72 Cr) |
| Reserved for Market Maker | 94,400 shares (aggregating up to ₹0.7080 Cr)Spread X Securities Private Limited |
| Net Offered to Public | 12,01,600 shares (aggregating up to ₹9.01 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 35,00,000 shares |
| Share Holding Post Issue | 47,96,000 shares |
IPO Date
August 4, 2025 to August 6, 2025
Listing Date
August 11, 2025
Face Value
₹10 per share
Issue Price
₹75 per share
Lot Size
1,600 Shares
Sale Type
Fresh Capital
Total Issue Size
12,96,000 shares (aggregating up to ₹9.72 Cr)
Reserved for Market Maker
94,400 shares (aggregating up to ₹0.7080 Cr)Spread X Securities Private Limited
Net Offered to Public
12,01,600 shares (aggregating up to ₹9.01 Cr)
Issue Type
Bookbuilding IPO
Listing At
BSE SME
Share Holding Pre Issue
35,00,000 shares
Share Holding Post Issue
47,96,000 shares
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 81.80 |
| Non-Institutional Buyers*** | 1,017.63 |
| bNII (bids above ₹10L) | 1,186.60 |
| sNII (bids below ₹10L) | 684.13 |
| Individual Investors (IND category bidding for 2 Lots) | 637.20 |
| Total ** | 560.69 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
81.80
Non-Institutional Buyers***
1,017.63
bNII (bids above ₹10L)
1,186.60
sNII (bids below ₹10L)
684.13
Individual Investors (IND category bidding for 2 Lots)
637.20
Total **
560.69
Day Wise Sub
| Day | QIB | NII* | NII (> ₹10L) | NII (< ₹10L) | Individual Investors | Total |
|---|---|---|---|---|---|---|
| Day 1 Aug 4, 2025 | 0.00 | 4.18 | 5.39 | 1.79 | 2.77 | 2.28 |
| Day 2 Aug 5, 2025 | 1.04 | 17.24 | 17.71 | 16.32 | 21.80 | 14.91 |
| Day 3 Aug 6, 2025 | 81.80 | 1,017.63 | 1,186.60 | 684.13 | 637.20 | 560.69 |
DayDay 1
Aug 4, 2025
QIB0.00
NII*4.18
NII (> ₹10L)5.39
NII (< ₹10L)1.79
Individual Investors2.77
Total2.28
DayDay 2
Aug 5, 2025
QIB1.04
NII*17.24
NII (> ₹10L)17.71
NII (< ₹10L)16.32
Individual Investors21.80
Total14.91
DayDay 3
Aug 6, 2025
QIB81.80
NII*1,017.63
NII (> ₹10L)1,186.60
NII (< ₹10L)684.13
Individual Investors637.20
Total560.69
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 11-08-2025 | 75.00 | 25(33.33%) | 100 |
| 10-08-2025 | 75.00 | 25(33.33%) | 100 |
| 09-08-2025 | 75.00 | 25(33.33%) | 100 |
| 08-08-2025 | 75.00 | 25(33.33%) | 100 |
| 07-08-2025 | 75.00 | 25(33.33%) | 100 |
| 06-08-2025 | 75.00 | 38(50.67%) | 113 |
| 05-08-2025 | 75.00 | 42(56.00%) | 117 |
| 04-08-2025 | 75.00 | 15(20.00%) | 90 |
| 03-08-2025 | 75.00 | 16(21.33%) | 91 |
| 02-08-2025 | 75.00 | 16(21.33%) | 91 |
| 01-08-2025 | 75.00 | 0(0.00%) | 75 |
| 31-07-2025 | 75.00 | 0(0.00%) | 75 |
| 30-07-2025 | 75.00 | 0(0.00%) | 75 |
Date11-08-2025
Price75.00
GMP25(33.33%)
Estimate List Price100
Date10-08-2025
Price75.00
GMP25(33.33%)
Estimate List Price100
Date09-08-2025
Price75.00
GMP25(33.33%)
Estimate List Price100
Date08-08-2025
Price75.00
GMP25(33.33%)
Estimate List Price100
Date07-08-2025
Price75.00
GMP25(33.33%)
Estimate List Price100
Date06-08-2025
Price75.00
GMP38(50.67%)
Estimate List Price113
Date05-08-2025
Price75.00
GMP42(56.00%)
Estimate List Price117
Date04-08-2025
Price75.00
GMP15(20.00%)
Estimate List Price90
Date03-08-2025
Price75.00
GMP16(21.33%)
Estimate List Price91
Date02-08-2025
Price75.00
GMP16(21.33%)
Estimate List Price91
Date01-08-2025
Price75.00
GMP0(0.00%)
Estimate List Price75
Date31-07-2025
Price75.00
GMP0(0.00%)
Estimate List Price75
Date30-07-2025
Price75.00
GMP0(0.00%)
Estimate List Price75
IPO Important Dates
| IPO Open Date | Mon, Aug 4, 2025 |
| IPO Close Date | Wed, Aug 6, 2025 |
| Tentative Allotment | Thu, Aug 7, 2025 |
| Initiation of Refunds | Fri, Aug 8, 2025 |
| Credit of Shares to Demat | Fri, Aug 8, 2025 |
| Tentative Listing Date | Mon, Aug 11, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 6, 2025 |
IPO Open Date
Mon, Aug 4, 2025
IPO Close Date
Wed, Aug 6, 2025
Tentative Allotment
Thu, Aug 7, 2025
Initiation of Refunds
Fri, Aug 8, 2025
Credit of Shares to Demat
Fri, Aug 8, 2025
Tentative Listing Date
Mon, Aug 11, 2025
Cut-off time for UPI mandate confirmation
5 PM on August 6, 2025
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3,200 | ₹2,40,000 |
| Individual investors (Retail) (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 |
ApplicationIndividual investors (Retail) (Min)
Lots2
Shares3,200
Amount₹2,40,000
ApplicationIndividual investors (Retail) (Max)
Lots2
Shares3,200
Amount₹2,40,000
ApplicationS-HNI (Min)
Lots3
Shares4,800
Amount₹3,60,000
ApplicationS-HNI (Max)
Lots8
Shares12,800
Amount₹9,60,000
ApplicationB-HNI (Min)
Lots9
Shares14,400
Amount₹10,80,000
Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
| Assets | 26.27 | 21.32 |
| Total Income | 49.43 | 40.73 |
| Profit After Tax | 3.84 | 3.13 |
| EBITDA | 9.56 | 8.48 |
| Net Worth | 8.78 | 4.94 |
| Reserves and Surplus | 5.30 | 1.46 |
| Total Borrowing | 13.65 | 12.02 |
Period EndedPeriod Ended
31 Mar 202531 Mar 2025
31 Mar 202431 Mar 2024
Period EndedAssets
31 Mar 202526.27
31 Mar 202421.32
Period EndedTotal Income
31 Mar 202549.43
31 Mar 202440.73
Period EndedProfit After Tax
31 Mar 20253.84
31 Mar 20243.13
Period EndedEBITDA
31 Mar 20259.56
31 Mar 20248.48
Period EndedNet Worth
31 Mar 20258.78
31 Mar 20244.94
Period EndedReserves and Surplus
31 Mar 20255.30
31 Mar 20241.46
Period EndedTotal Borrowing
31 Mar 202513.65
31 Mar 202412.02
Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio |
|---|---|---|---|---|---|---|
| BLT Logistics | 10.97 | 10.97 | 25.08 | 6.47 | 43.73 | 3.00 |
| Premier Roadlines | 7.11 | 7.11 | 38.98 | 11.42 | 17.66 | 2.13 |
| Coastal Roadways | 3.50 | 3.50 | 56.42 | 8.29 | 6.27 | 0.52 |
Company NameBLT Logistics
EPS (Basic)10.97
EPS (Diluted)10.97
NAV (per share) (Rs)25.08
P/E (x)6.47
RoNW (%)43.73
P/BV Ratio3.00
Company NamePremier Roadlines
EPS (Basic)7.11
EPS (Diluted)7.11
NAV (per share) (Rs)38.98
P/E (x)11.42
RoNW (%)17.66
P/BV Ratio2.13
Company NameCoastal Roadways
EPS (Basic)3.50
EPS (Diluted)3.50
NAV (per share) (Rs)56.42
P/E (x)8.29
RoNW (%)6.27
P/BV Ratio0.52
IPO Reservation
| Market Maker Shares Offered | 94,400 (7.28%) |
| QIB Shares Offered | 5,98,400 (46.17%) |
| − Anchor Investor Shares Offered | 3,58,400 (27.65%) |
| − QIB (Ex. Anchor) Shares Offered | 2,40,000 (18.52%) |
| NII (HNI) Shares Offered | 1,80,800 (13.95%) |
| − bNII > ₹10L | 1,20,000 (9.26%) |
| − sNII < ₹10L | 60,800 (4.69%) |
| Retail Shares Offered | 4,22,400 (32.59%) |
| Total Shares Offered | 12,96,000 (100.00%) |
Market Maker Shares Offered
94,400 (7.28%)
QIB Shares Offered
5,98,400 (46.17%)
− Anchor Investor Shares Offered
3,58,400 (27.65%)
− QIB (Ex. Anchor) Shares Offered
2,40,000 (18.52%)
NII (HNI) Shares Offered
1,80,800 (13.95%)
− bNII > ₹10L
1,20,000 (9.26%)
− sNII < ₹10L
60,800 (4.69%)
Retail Shares Offered
4,22,400 (32.59%)
Total Shares Offered
12,96,000 (100.00%)
Information about company
Incorporated in 2011, BLT Logistics Limited is engaged in providing surface transportation of goods in containerized trucks and warehousing services to various industries and businesses.
The company's logistics operations are supported by its fleet, Sabarmati Express India Private Limited, and third-party operators, providing necessary transportation facilities like containerised trucks from small fleet owners and agents.
As of March 31, 2024, the company owns an operational fleet of 90 vehicles (3.5MT to 18MT) and 15 vehicles (9MT) as part of its 99.99% subsidiary, Sabarmati.
Services:
Transportation & Allied Services: The company offers B2B transportation services, including FTL, LTL, packing, moving, and project cargo transportation, utilizing a diverse fleet and advanced technology for efficient, secure, and cost-effective logistics solutions.
Warehousing Services: In 2023, the company expanded to offer warehousing services across three strategically located leased facilities, serving industries like electronics, retail, food, and MNCs, with detailed inventory reporting via MIS
As of March 31, 2024, the company has 37 employees.
Competitive Strengths:
Long-standing business and track record
Strong relationship with diverse customer base
Wide range of logistics services and solutions
Strong knowledge and experience of our promoters
Objectives of IPO
The Company BLT Logistics IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No.
Objects of the Issue
Expected Amount (₹ in crores)
1
Funding capital expenditure requirement of our company towards purchase of trucks (“Vehicles”) and ancillary equipment (“Equipment”)
3.88
2
To Meet Working Capital Requirements
2.80
3
General Corporate Purpose
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
Please read all Tearms and conditions , and agree to use the App