Global Ocean Logistics India 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
₹78
Per ShareLot Size
1600 Shares
Minimum Investment
₹1,24,800
Issue Size
₹30.41 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.03%
QIB Quota
49.94%
NII Quota
15.03%
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
Global Ocean Logistics India Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
82%
Promoter Holding (Post-Issue)
59.86%
Issue Type
Book Building - SME
ISIN
INE1ITY01011
About the Company
The Company is a freight forwarding company having multi modal logistics solutions. We have logistics services with diverse capabilities across verticals include (i) shipping/coastal transportation including ODC (Over Dimensional Cargo) ("Ocean Freight Forwarding"); (ii) road/rail transportation ("Transport"); (iii) air cargo ("Air Freight Forwarding"); (iv) Container Freight Station solution ("CFS"); (iv) Custom Clearance (v) and; other services. It also provides integrated logistics solutions including project logistics and third party logistics ("3PL"). We operate through major Indian ports, including NHAVA Sheva, Hazira, Tumb, Pune, Mundra and Chennai and have pan-India operations covering over 23 states and union territories through our network of 4 marketing offices located in the city of Vishakhapatnam, Jaipur, Pune, Tuticorin. The Company primarily served clients through 263 ports across the globe and handled about 30,520 shipments and 91,968 TEUs from Fiscal 2023 to period ended September 30, 2025. Its in-house team consisting of 55 personnel as of October 31, 2025 with over a decade of experience, ensures smooth coordination across all departments, enabling precise tracking, proactive issue resolution, and continuous process optimization. Further, during the period ended September 30, 2025, it has processed over 25,000 Bill of Lading to countries/ areas to various countries.
Industry Overview
The Indian logistics market, valued at US$ 107.16 billion (Rs. 9 trillion) in FY23, is projected to grow significantly, reaching US$ 159.54 billion (Rs. 13.4 trillion) by FY28, with a compounded annual growth rate (CAGR) of 8-9%. This growth is driven by structural shifts, technological advancements, and government initiatives focused on reducing logistics costs and improving infrastructure. The National Logistics Policy, unveiled in September 2022, aims to optimize India's logistics landscape by increasing the share of railways in freight movement, currently at 18%, through developing dedicated freight corridors (DFCs), enhancing road infrastructure, and expanding inland waterways. As of April 2024, DFCs are 96% complete, which is expected to enhance the capacity and efficiency of rail freight and improve its share in the overall modal mgix. Additionally, the government's push for port privatization has improved infrastructure and efficiency at Indian ports, benefiting major operators such as Adani Ports and Special Economic Zone (APSEZ) and JSW Infrastructure. India's logistics costs as a percentage of GDP stand at 14%, significantly higher than the 8-9% range observed in developed countries. This is largely attributed to the skewed modal mix, where roads account for 71% of freight movement, leaving railways and waterways with a smaller share. To address these inefficiencies, the government has implemented key initiatives like the Goods and Services Tax (GST) and invested heavily in road infrastructure, inland waterways, and DFCs. These measures are anticipated to reduce the logistics cost-to-GDP ratio to 8-9% in the coming years, aligning India with global standards. The highly diverse logistics market encompasses road transport, rail transport, air cargo, multimodal logistics, and industrial warehousing. The domestic express logistics segment is projected to grow faster, with a 14% CAGR from FY23 to FY28, driven primarily by the expansion of e-commerce. Organized players currently control about 80% of the market. They are expected to solidify their dominance by leveraging government policies such as the e-way bill and GST. Furthermore, the less-than-truckload (LTL) segment in road transportation is anticipated to experience notable growth, with a projected 10% CAGR driven by the increased demand for smaller and more frequent shipments that bypass warehouse storage to reach retailers directly.
Company History
The Company was originally incorporated and registered as a Private Limited Company under Companies Act, 2013 under the name and style of "Global Ocean Logistics India Private Limited" vide certificate of incorporation dated January 08, 2021 bearing Corporate Identification Number U60300MH2021PTC353158 issued by the Registrar of Companies, Central Registration Centre. Further, pursuant to a resolution of its Board dated September 14, 2024 and a resolution of its shareholders dated October 23, 2024 our Company was converted into a public limited company under the Companies Act, 2013 and consequently the name of the company was changed to `Global Ocean Logistics India Limited', and a fresh certificate of incorporation dated December 26, 2024 issued by Registrar of Companies, Central Registration Centre bearing CIN- U60300MH2021PLC353158.
Products & Services
- The Company is a freight forwarding company having multi modal logistics solutions.
Growth Strategy
- Focus on projects with large revenue by providing integrated, end-to-end solutions.
- Leveraging its market skills and relationships.
- Focus on Branding and Advertisement.
- Continue to focus on technology upgradation.
- Leverage existing supplier and customer relationship.
- Reduction of operational costs and achieving efficiency.
Customer Base
Wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY23 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 offer of up to 38,99,200 equity shares of face value of Rs.10/- each ("Equity Shares") of Global Ocean Logistics India Limited ("the Company" or "the Issuer") at an issue price of Rs.78 per equity share (including a share premium of Rs. 68 per equity share) for cash, aggregating up to Rs.30.41 crores ("Public Issue") out of which 1,95,200 equity shares of face value of Rs.10/- each, at an issue price of Rs.78 per equity share for cash, aggregating Rs.1.52 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. Issue of 37,04,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs.78 per equity share for cash, aggregating up to Rs. 28.89 crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 27.00% and 25.65% respectively of the post- issue paid- up equity share capital of the company. Price Band is Rs. 78 per equity share of face value Rs. 10/- each. The floor price is 7.8 times of the face value of the equity shares. Bids can be made for a minimum of 3200 equity shares and in multiples of 1600 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Longstanding relationship with diverse set of customers across industries.
- Asset-light' business model resulting into higher efficiencies.
- Risk management and credit scoring model.
- Comprehensive Service Portfolio.
- Strategic Geographical Presence.
- The company is mainly dependent on third party service providers to effectively carry out its logistics operations. Any deficiency/delay in services provided by them or failures to maintain relationships with them could result in disruption in the company operations, which could have an adverse effect on its business, financial condition, results of operations and cash flows.
- If the company is unable to source business opportunities effectively, its may not achieve the company financial objectives.
- Its top ten customers contribute about representing 48.55%, 42.21%%, 44.43% and 36.53% of our revenues for period ended September 30, 2025, Fiscal 2025, 2024 and 2023. Any loss of business from one or more of them may adversely affect the company revenues and profitability.
- The company depends significantly on its clients from different industries and are highly dependent on the performance of their industry. A loss of, or a significant decrease in their business could adversely affect the company business and profitability.
- The company's typically does not have long term agreements with its customers. If the company customers choose not to source their requirements from it, there may be a material adverse effect on its business, financial condition, cash flows and results of operations.