GB Logistics Commerce Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the GB Logistics Commerce Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹102
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,22,400
Issue Size
₹25.07 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
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
GB Logistics Commerce Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
74.85%
Promoter Holding (Post-Issue)
52.4%
Issue Type
Book Building - SME
ISIN
INE0RWU01016
About the Company
Established on December 24, 2019, by Mr. Prashant Natwarlal Lakhani, GB Logistics Commerce Limited specializes in full truckload freight services for large and medium-sized enterprises. Utilizing both proprietary and third-party transportation services, the company efficiently conducts logistics operations. GB Logistics Commerce Limited positions itself as a partner for businesses across sectors, providing comprehensive cargo movement solutions. Additionally, the company has a wholly owned subsidiary, GB Hospitality (India) Private Limited, engaged in a similar line of business.
Industry Overview
The Indian full truckload freight services industry plays a pivotal role in the country's logistics landscape, facilitating the transportation of goods for diverse sectors. Characterized by a competitive landscape with numerous players, the industry is driven by the growing demand for efficient and reliable cargo movement. Key factors include the extensive road network, technological advancements, and the integration of both owned and third-party fleets. Challenges such as regulatory compliance and fuel price fluctuations impact operational dynamics. As the economy expands, the industry continues to evolve, adapting to changing market dynamics and embracing innovations for enhanced efficiency and cost-effectiveness.
Company History
Our Company was originally incorporated as a private limited company under the Companies Act, 2013 in the name and style of "GB Logistics Private Limited" bearing Corporate Identification Number U63030MH2019PTC334896 dated December 24, 2019 issued by the Registrar of Companies, Mumbai.
Products & Services
- GB Logistics Commerce Limited specializes in full truckload freight services for large and medium-sized enterprises.
Growth Strategy
- Market Expansion and Coverage.
- Operational Efficiency and Flexibility.
- Specialized Handling and Value-Added Services.
- Technological Integration for Efficiency.
- Focus on Remote and Challenging Deliveries.
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:
The issue comprise of a public issue of 24,57,600 equity shares of face value of Rs. 10/- each fully paid (the "Equity Shares") for cash at a price of Rs. 102/- per equity shares (including a premium of Rs. 92/- per equity share) aggregating to Rs. 25.07 crores ("The Issue") by the company. The issue comprises a reservation of which 1,23,600 equity shares of Rs. 10/- each will be reserved for subscription by market maker reservations portion and a net issue to the public of 23,34,000 equity shares of Rs. 10/- each is hereinafter referred to as the net issue. The issue and the net issue will constitute 29.99% and 28.48% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each. The floor price is 10.20 times of the face value.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Strong partnerships, alliances and affiliations with nodal agencies in the areas of agriculture and skill development.
- Robust systems and processes across all functions of the company.
- Strong technology backbone supported by a dedicated team of experienced professionals.
- Favourable macro environment.
- The average price/earnings ("P/E") ratio of the listed industry peer set was 78.73x while its P/E ratio will be at premium of [*] times at the higher price band and [*] times at the lower price band. The trading price of its Equity Shares may fluctuate based on a comparison of the P/E ratio of the listed industry peer set and the Company.
- There are certain recovery proceedings that are initiated against the Promoter of the Company.
- The company has recently acquired its Material Subsidiary from its Promoter.
- The company does not own its registered office and the locations from which the company operates.
- There are certain pending legal proceedings involving the Company as well as the Promoter and Directors of the Company. Any adverse outcome on such proceedings may affect its business, financial condition and reputation.