Neptune Logitek 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
₹126
Per ShareLot Size
1000 Shares
Minimum Investment
₹1,26,000
Issue Size
₹46.62 Cr
Face Value
₹10
Per ShareIPO Type
Fixed Price - SME
Retail Quota
50%
QIB Quota
0%
NII Quota
50%
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
Neptune Logitek Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
99.99%
Promoter Holding (Post-Issue)
72.99%
Issue Type
Fixed Price - SME
ISIN
INE1NQ501012
About the Company
Neptune Logitek Limited is an integrated logistics company based in India, primarily engaged in: (i) Freight Forwarding and Custom Clearance including Import and Export; (ii) Air Freight Transportation (including Import and Export and Courier Services; (iii) Door to Door Multimodal Coastal Forwarding (iv) Road Transportation and (v) Rail Transportation.
Industry Overview
The logistics industry serves as a critical pillar of the Indian economy, enabling the efficient and cost effective transportation of goods from the point of origin to the point of consumption. It plays a vital role in supporting economic growth by facilitating trade, enhancing supply chain efficiency, and reducing overall transaction costs. The sector provides employment to over 22 million people across various functions and modes of transportation. Improvements in the logistics ecosystem are expected to have a cascading effect on India's export competitiveness and economic development. The growth of logistics services in India is closely tied to the increasing freight movement from major manufacturing sectors such as cement, metals, retail, automotive, textiles, pharmaceuticals, and fast-moving consumer goods (FMCG). India's transport sector comprises a broad and integrated network of roadways, railways, airways, inland waterways, shipping, and pipelines. Among these, road transport remains the dominant mode of freight movement, accounting for approximately 65% of total goods transported (in ton kilometers), followed by railways at 31%, shipping at 3%, and air cargo at 1%. With government initiatives like Gati Shakti, National Logistics Policy, and increased infrastructure investments, the Indian logistics sector is poised for significant transformation. These developments are expected to improve multimodal connectivity, reduce logistics costs, and enhance overall supply chain resilience.
Company History
Our Company was originally incorporated as Amardeep Logistics Private Limited, a private limited company under the Companies Act, 1956, pursuant to a Certificate of Incorporation dated March 2, 2012. Subsequently, the name of the Company was changed to Neptune Logitek Private Limited and a fresh Certificate of Incorporation consequent upon change of name was issued by the Registrar of Companies, Ahmedabad on April 5, 2022. Thereafter, the Company was converted from a private limited company to a public limited company. Consequently, the name of the Company was changed from Neptune Logitek Private Limited to Neptune Logitek Limited, and a fresh Certificate of Incorporation consequent upon conversion to a public limited company was issued by the Registrar of Companies, Ahmedabad on November 20, 2024. With over 13 years of experience, our Company offers integrated logistics solutions across air, road, rail, and coastal modes through a pan-India network of head office and 9 branches. Its key services include freight forwarding, customs clearance, air and courier services, multimodal transport, and technology-driven supply chain solutions.
Products & Services
- Neptune Logitek Limited is an integrated logistics company based in India.
- The Company primarily engaged in: (i) Freight Forwarding and Custom Clearance including Import and Export; (ii) Air Freight Transportation (including Import and Export and Courier Services;
- The Company also engaged in (i) Door to Door Multimodal Coastal Forwarding (ii) Road Transportation and (iii) Rail Transportation.
Growth Strategy
- Profitably fast-track growth in Integrated Logistics Services.
- Further Strengthening of our Businesses.
- Maintaining edge over competitors.
- Technology Integration.
- Geographic Expansion and Network Optimization.
- Diverse Revenue Streams.
- Reliable Freight Forwarding: Your Partner in Global Trade.
- Simplifying Customs Clearance for Hassle-Free Logistics.
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 FY24 to FY26.
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 37,00,000 equity shares of face value of Rs.10/- each ("Equity Shares") of Neptune Logitek Ltd (the "Company" or the "Issuer") for cash at a price of Rs. 126/- per equity share (including a securities premium of Rs. 116/- per equity share), ("Issue Price") aggregating to Rs. 46.62 crores (the "Issue"). 1,85,000 equity shares aggregating to Rs. 2.33 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 35,15,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 126 per equity share aggregating to Rs. 44.29 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.01% and 25.66% respectively of the post issue paid-up equity share capital of the company. Issue Price is Rs. 126 per equity share of face value of 10/- each. The issue price is 12.60 times the face value of the equity shares. Bids can be made for a minimum of 2000 equity shares and in multiples of 1000 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- We have strong network effects of platform resulting in robust customer retention rates.
- Integrated logistics service provider with diversified business offerings.
- Timely and safe deliveries.
- Cordial relations with our clients.
- We are a Promoter-led management team and have an experienced board.
- The company cargo handling business operations are dependent on container traffic at the various ports such as Kandla Port, Mundra Port, Pipavav Port, Hazira Port, Mangalore Port, Cochin Port, Chennai Port, Tuticorin Port, Kattupalli Port and Vizag Port and other ports. Any decline in the containers traffic handled by these ports, lower than anticipated growth or any significant social, political, economic or geological disruption in these regions could have an adverse effect on its business, results of operations and financial condition.
- The company cargo handling business and Multimodal business require an efficient transportation network and as such, any inadequacies in reliable transportation infrastructure may have an adverse effect on its business, results of operations and financial condition.
- The Company is dependent on a few suppliers for its purchases. The loss of any of these large suppliers may affect the company business operations.
- The company has historically derived a substantial portion of its revenue from a limited number of customers, indicating a high level of customer concentration, which could recur in future periods and adversely impact the company business, results of operations, financial condition and cash flows. Loss of one or more of these customers or a reduction in the amount of business we obtain from them could have an adverse effect on the company business, results of operations, financial conditions and cash flows. Further, we do not have long-term agreements with several of its customers.
- The increase in the age of its vehicles and an increase in the prices of vehicles may adversely affect the company business and results of operations.