GB Logistics IPO is a book-built issue valued at Rs 25.07 crores, consisting entirely of a fresh issue of 24.58 lakh shares.
The subscription for the GB Logistics IPO will open on January 24, 2025, and close on January 28, 2025. The allotment process is expected to be finalized on Wednesday, January 29, 2025. The IPO is scheduled to list on the BSE SME, with a tentative listing date set for Friday, January 31, 2025.
GB Logistics operates in the logistics sector. They offer a wide range of logistics solutions, including full-truckload transportation, special handling, multi-level deliveries, and out-of-delivery-area shipments.
The price band for the GB Logistics IPO has been set between ₹95 and ₹102 per share. Investors can apply with a minimum lot size of 1,200 shares. For retail investors, the minimum investment required is ₹1,22,400, whereas high-net-worth individuals (HNI) need to invest in at least 2 lots (2,400 shares), amounting to ₹2,44,800.
SKI Capital Services Limited is the book-running lead manager for the GB Logistics IPO, while Maashitla Securities Private Limited is the registrar for the issue. The market-making responsibilities will be managed by Svcm Securities Private Limited.
GB Logistics IPO Details:
| Company Name | GB Logistics IPO Limited |
| Sector | Logistics |
| IPO Type | SME |
| IPO Open date | 24th Jan 2025 |
| IPO Close date | 28th Jan 2025 |
| Listing Exchanges | BSE |
| DRHP Draft Prospectus | Click to check |
| RHP Draft Prospects | Click to check |
GB Logistics IPO Lot Size:
| Application | Lot Size | Shares | Amount |
| Retail (Min) | 1 | 1200 | 1,22,400 |
| HNI (Min) | 2 | 2400 | 2,44,800 |
GB Logistics IPO Timeline:
| IPO Open Date | 24th Jan 2025 |
| IPO Close Date | 28th Jan 2025 |
| Basis of Allotment | 29th Jan 2025 |
| Refund Initiation Date | 30th Jan 2025 |
| Shares Credit to Demat | 30th Jan 2025 |
| Listing Date | 31st Jan 2025 |
Things to Consider before applying for an IPO
Financial Performance: Review GB Logistics’ Financials to understand its revenue, profitability, and growth prospects.
Industry Outlook: Consider the overall health of India’s Logistics Industry.
Valuation: Compare the price band to similar companies in the industry to see if the IPO is priced fairly.
Management Team: Research the experience and capabilities of the management team.
Our Verdict
This IPO offers a good opportunity to invest in GB Logistics and be a part of its growth.
FAQ
What is Grey Market Premium (GMP)?
The Grey Market Premium (GMP) represents the price at which an Initial Public Offering (IPO) is traded in the unregulated grey market before its official listing. It serves as an indicator of how the IPO might perform on the listing day. Seeing the latest GMP, investors can estimate the listing performance of the IPO.
