BLT Logistics Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
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IPO Snapshot
Key metrics and details at a glance.
Price Band
₹75
Per ShareLot Size
1600 Shares
Minimum Investment
₹1,20,000
Issue Size
₹9.72 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.15%
QIB Quota
49.8%
NII Quota
15.05%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
BLT Logistics Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
99.95%
Promoter Holding (Post-Issue)
72.94%
Issue Type
Book Building - SME
ISIN
INE0W4K01013
About the Company
Our Company is engaged in providing surface transportation of goods in containerized trucks and warehousing services to various industries and businesses. Our logistics operations are supported by our own fleets of containerized trucks and hired from our 99.99% subsidiary, Sabarmati Express India Private Limited ("Sabarmati") and third-party operators i.e. small fleet owners and agents who provide us with necessary transportation facilities such as containerized trucks. As on March 31, 2025, we owned operational fleet of 106 vehicles having capacity ranging from 3.5MT to 18MT in the name of our company and 15 vehicles as part of the fleet of our 99.99% subsidiary, Sabarmati, having capacity of 9MT. We mainly serve B2B customers which require transporting bulk quantities of their goods from one place to another within India. We have gradually developed the business and increased the ambit of our Transportation & Allied Services which includes other services like packing and moving and transportation of project cargo. We have started end-to-end warehousing solutions to add to our repertoire of offerings.
Industry Overview
We are primarily engaged in the Logistics and Warehousing sector wherein we operate by providing surface transportation of goods in containerized trucks and warehousing services to various industries and businesses.
Company History
Our Company was originally registered in the name of "BLT Logistics Private Limited" and received a certificate of incorporation dated September 06, 2011, from the Registrar of Companies, National Capital Territory of Delhi & Haryana under The Companies Act, 1956. Later on, our Company was converted into a Public Limited Company pursuant to a shareholders resolution passed at the Extra-ordinary General Meeting of our Company held on December 30, 2023, and the name of our Company was changed to "BLT Logistics Limited". A fresh Certificate of Incorporation consequent upon Conversion from Private Limited Company to Public Limited Company dated February 09, 2024, was issued by the Registrar of Companies, Delhi. The Corporate Identification Number of our Company is U63000DL2011PLC224622.
Products & Services
- The Company is engaged in providing surface transportation of goods in containerized trucks and warehousing services to various industries and businesses.
Growth Strategy
- Strengthen existing services.
- Identifying new customers and increasing business with existing customers.
- Increasing our presence and expanding our network.
- Development of warehousing facilities.
Customer Base
Wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 2 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public issue of upto 12,96,000 equity shares of face value of Rs.10/- each of BLT Logistics Limited ("BLT" or the "company" or the "issuer") for cash at a price of Rs. 75/- per equity share including a share premium of Rs. 65/- per equity share (the "issue price") aggregating to Rs. 9.72 crores ("the issue"), of which 94,400 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 75 per equity share including a share premium of Rs. 65 per equity share aggregating to Rs. 0.71 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 12,01,600 equity shares of face value of Rs. 10/- each at a price of Rs.75 per equity share including a share premium of Rs.65 per equity share aggregating to Rs. 9.01 crores is herein after referred to as the "net issue". the issue and the net issue will constitute upto 27.02% and 25.05, respectively, of the post issue paid up equity share capital of the company. the face value of the equity shares is Rs. 10/- each.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- 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.
- Substantial portion of its revenues has been dependent upon few customers. The loss of any one or more of the company major customers would have a material adverse effect on its business, cash flows, results of operations and financial condition.
- The Company is dependent on a few suppliers for purchases of product/service. The loss of any of these large suppliers may affect its business operations.
- The company generate its major portion of revenue from the company operations in certain geographical regions and any adverse developments affecting its operations in these regions could have an adverse impact on the company revenue and results of operations.
- The company is subject to various risks associated with transportation and its may face claims relating to loss or damage to goods, personal injury claims or other operating risks that are not adequately insured.
- The Company had negative cash flow in recent fiscals, details of which are given below. Sustained negative cash flow could adversely impact its business, financial condition and results of operations.