BLT Logistics Ltd is coming up with an IPO consisting of a fresh issue of 12.96 Lakh shares with a face value of Rs. 10 per share. The company aims to finance the capital expenditure for purchasing trucks and related equipment, fund their working capital requirements, and for general corporate purposes.
BLT Logistics Ltd IPO – Important Dates
| BLT Logistics Ltd IPO Date | August 4, 2025 to August 6, 2025 |
| BLT Logistics Ltd IPO Listing Date | August 11, 2025 |
| BLT Logistics Ltd IPO Price | INR 71- 75 per share |
| BLT Logistics Ltd IPO Lot Size | 1,600 Shares |
| BLT Logistics Ltd IPO Total Issue Size | 12,96,000 shares |
| BLT Logistics Ltd IPO Basis of Allotment | August 7, 2025 |
| BLT Logistics Ltd IPO Initiation of Refunds | August 8, 2025 |
| BLT Logistics Ltd IPO Credit of Shares to Demat | August 8, 2025 |
| BLT Logistics Ltd IPO Issue Type | Bookbuilding IPO |
| BLT Logistics Ltd IPO Listing At | BSE SME |
BLT Logistics Ltd IPO – Company Profile
BLT Logistics Limited, provides containerized truck transportation and end-to-end warehousing services across India. Backed by over 25 years of promoter experience and a 13-year operational track record, the company serves industries like electronics, FMCG, retail, and manufacturing.
Its logistics operations are supported by a fleet of 90 vehicles owned directly by BLT and 15 operated by its 99.99% subsidiary, Sabarmati Express India Private Limited, along with third-party partners. The fleet ranges from 3.5 MT to 18 MT in capacity.
Core services provided by BLT include Full Truckload (FTL) and Less-than-Truckload (LTL) shipping, project cargo handling, and warehousing across 36,300 sq. ft. in five key cities. With real-time tracking, scalable operations, and safety-focused protocols, BLT offers reliable, flexible, and cost-effective logistics solutions.
BLT Logistics Ltd IPO Fundamental Analysis
BLT Logistics Limited’s financial analysis reveals a growing performance. Revenue has increased, along with an increase in profitability. There is an increase in EPS along with asset growth and rising equity, indicating potential operational efficiency.
- Revenue Trend: The revenue has significantly increased from ₹3,971.44 lakhs in March 2024 to ₹4,792.48 lakhs in March 2025.
- Equity and Liabilities: Equities have shown a consistent increase over the periods, reflecting potential growth and expansion. However, the debt-equity ratio has decreased, indicating a decline in reliance on debt financing.
- Profitability: The profit after tax (PAT) has significantly increased from ₹265.04 lakhs in March 2024 to ₹300.35 lakhs in March 2025.
- Earnings per Share (EPS): The basic EPS (after adjusting for bonus issue) has increased from ₹7.59 in March 2024 to ₹8.58 in March 2025, reflecting higher earnings per share for investors.
- Return on Capital Employed (RoCE): The RoCE has decreased from 35.29% to 27.66%, indicating a decrease in the company’s ability to generate returns on shareholder equity.
- Financial Position: Total assets have increased, suggesting potential business growth. Also, the current ratio has increased, indicating strengthening liquidity in meeting short-term obligations.
BLT Logistics Ltd IPO Financial Analysis
| Particular | As of 31 March 2023 | As of 31 March 2024 | As of 31 March 2025 |
| Revenue From Operations (₹ in lakhs) | 3,103.14 | 3,971.44 | 4,792.48 |
| Total Income (₹ in lakhs) | 3,171.96 | 4,003.81 | 4,818.80 |
| EBITDA | 398.60 | 657.46 | 759.56 |
| EBITDA Margin (%) | 12.84 | 16.55 | 15.85 |
| Profit After Tax (₹ in lakhs) | 135.49 | 265.04 | 300.35 |
| Earnings per Share (EPS) | 19.36 | 7.59 | 8.58 |
| Return on Equity (%) | 152 | 85.66 | 49.07 |
| Return on Capital Employed (%) | 22.23 | 35.29 | 27.66 |
| Debt-Equity Ratio | 4.64 | 2.06 | 1.59 |
| Current Ratio | 1.20 | 1.32 | 1.54 |
BLT Logistics Ltd IPO Peer Comparison
Among its peers, BLT Logistics Limited has the highest RONW and EPS, Premier Roadlines Limited has the highest revenue and P/E Ratio, and Coastal Roadways Limited has the highest NAV.
| Company | Standalone / Consolidated | Revenue fromoperations (₹ in lakhs) | Face Value per Equity Share (₹) | P/E Ratio | EPS (Basic & Diluted) (₹) | RoNW (%) | NAV (per share) |
| BLT Logistics Limited | Consolidated | 4,916.91 | 10 | – | 10.97 | 43.73% | 25.08 |
| Standalone | 4,792.48 | 10 | – | 8.58 | 39.40% | 21.78 | |
| Premier Roadlines Limited | Consolidated | 28,889.48 | 10 | 11.42 | 7.11 | 17.66% | 38.98 |
| Coastal Roadways Limited | Standalone | 4,099.99 | 10 | 8.29 | 3.5 | 6.27% | 56.42 |
BLT Logistics Ltd IPO Objective
The main objective of BLT Logistics Ltd is to utilise the Net Proceeds from the Issue to finance the capital expenditure for purchasing trucks and related equipment, fund their working capital requirements, and for general corporate purposes.
- Funding capital expenditure requirement towards purchase of trucks and ancillary: To cater to rising customer demand and support nationwide expansion, the Company plans to augment its current fleet of 106 vehicles by adding 19 new ones. A capital expenditure of ₹387.88 lakhs has been proposed for the purchase of trucks and related equipment, to be fully funded from the Net Issue Proceeds.
- Working Capital Requirements: The Company provides surface transportation of goods in containerized trucks and warehousing services to various industries. Its working capital needs primarily include trade receivables, payables, and daily operations, typically funded through internal accruals and borrowings. The Company proposes to utilize ₹280 lakhs from the Net Proceeds to meet these working capital requirements.
- General Corporate Purposes: The Company proposes to deploy the balance proceeds towards general corporate purposes as approved by its management from time to time, subject to such utilisation not exceeding 25% of the gross proceeds, in compliance with the SEBI ICDR Regulations.
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BLT Logistics Ltd IPO Risks And Challenges
BLT Logistics Limited’s risk includes high debt exposure, supplier dependency, operational & insurance risk, geographical concentration risk, and unsecured loan risk.
- The Company relies on a limited number of suppliers for key products and services. Disruption or loss of any major supplier could adversely affect business continuity.
- The transportation business involves risks such as goods damage, personal injury, and other liabilities. Not all of these risks may be fully covered by insurance.
- The Company earns a major portion of its revenue from specific regions. Any negative developments in these areas may impact revenue and overall performance.
- The Company has substantial borrowings, exposing it to risks such as interest burden and repayment pressure, which could impact operations and profitability.
- The Company has taken unsecured loans repayable on demand. Immediate repayment requests could strain cash flows and liquidity.
BLT Logistics Ltd IPO – Industry & Market Potential
India’s logistics sector is rapidly modernizing, driven by e-commerce growth, manufacturing expansion, and a strong push for digitalization and sustainability. The industry is transitioning from traditional methods to tech-enabled, integrated logistics solutions, creating new business opportunities.
Government initiatives like PM GatiShakti, the National Logistics Policy (2022), and infrastructure programs such as Bharatmala and Sagarmala are improving connectivity and efficiency. Digital platforms like ULIP have streamlined operations, contributing to India’s improved global logistics ranking.
States are complementing national efforts by enhancing infrastructure, connectivity, and skill development. With increasing investments and supportive policies, India’s logistics sector holds strong potential to become a key enabler of global trade and manufacturing.
BLT Logistics Ltd IPO – Type of Offer
BLT Logistics Limited plans a fresh issue of 12,96,000 shares, with a face value of Rs. 10 per share, to finance the capital expenditure for purchasing trucks and related equipment, fund their working capital requirements, and for general corporate purposes.
- Fresh Issue: The company will issue 12,96,000 shares to raise capital. The company intends to utilise the proceeds from the fresh issue to fund capital expenditure for truck and equipment purchases, meet working capital needs, and support general corporate purposes.
BLT Logistics Ltd IPO Offer Size
The offer size of BLT Logistics consists of a fresh issue of 12,96,000 equity shares, with a face value of Rs. 10 per share. The company aims to finance the capital expenditure for purchasing trucks and related equipment, fund their working capital requirements, and for general corporate purposes.
BLT Logistics Ltd IPO Allotment Structure
BLT Logistics Ltd allocation will be as follows: 50% for Qualified Institutional Buyers (QIB), 15% for Non-Institutional Investors (NII), and 35% for Retail Individual Investors (RII) according to SEBI regulations.
● Qualified Institutional Buyers (QIB): As per SEBI regulations, 50% of the shares offered through the IPO will be reserved for Qualified Institutional Buyers. These include entities such as banks, mutual funds, and insurance companies.
● Non-Institutional Investors (NII): 15% of the shares will be reserved for Non-Institutional Investors. These typically include corporate bodies or individuals investing more than Rs. 2 lakhs.
● Retail Individual Investors (RII): The remaining 35% of the shares will be allotted to Retail Individual Investors. These individual investors apply for shares with a total value of less than Rs. 2 lakhs.
How to apply for the BLT Logistics Ltd IPO?
To apply for the BLT Logistics Limited IPO through Alice Blue, follow these steps:
Open a Demat and Trading Account: If you don’t have one already, you must open a Demat and trading account with Alice Blue.
- Check for IPO Details: Once your account is active, you can check for the BLT Logistics Limited IPO details in the IPO section of the Alice Blue platform.
- Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
- Submit the Application: Confirm all your details and submit your application.
You can apply for the BLT Logistics Limited IPO at Alice Blue in just a few clicks!
Check Allotment Status: After the allotment process, you can check the allotment status to see if you have received any shares.
Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.
How do you check BLT Logistics Ltd IPO Allotment Status?
Checking the allotment status of an IPO in Alice Blue is usually straightforward. Please follow these general steps:
- Log in to your Alice Blue Account: You can do this through the Alice Blue website or the trading app.
- Navigate to the Portfolio or IPO Section: This might differ based on the layout of Alice Blue’s platform, but generally, you can find the status of your IPO application under the ‘Portfolio’ or ‘IPO’ section.
- Find the IPO Allotment Status: Look for a sub-section called ‘IPO Allotment Status’ or something similar. This is where you can see the status of the IPOs you have applied for.
- Select the BLT Logistics IPO: If you have applied for multiple IPOs, there might be a dropdown menu or a list where you can select the IPO you are interested in. Select the BLT Logistics Limited IPO.
- Check the Status: The status of your application should be displayed here. If the shares have been allocated to you, it would be mentioned here.
If you face any issues, we request you to reach out to our customer support team at Alice Blue for detailed assistance.
Apart from Alice Blue, there are other ways to check the allotment status of the BLT Logistics Limited IPO:
● Registrar’s Website: Visit the website of Skyline Financial Services Private Limited, the registrar of the BLT Logistics Limited IPO. On the homepage, look for the ‘IPO Allotment Status’ option. You must enter your PAN, application, or Demat account number to check your allotment status. Click on the ‘Submit’ button to view your IPO allotment status.
● BSE NSE: You can also check the allotment status on the official websites of the Bombay Stock Exchange (BSE) National Stock Exchange (NSE). You would need your application number and PAN to check the status.
Please note that the allotment status will only be available after completing the allotment process, a few days after the IPO window closes.
BLT Logistics Ltd IPO Offer Registrar
The registrar for the BLT Logistics Limited IPO is Skyline Financial Services Private Limited. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.
Contact information for the registrar:
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153A, 1st floor, Phase I, Okhla Industrial Area,
Delhi, 110020.
Telephone: 011- 40450193-97
Email: [email protected]
Website: https://www.skylinerta.com/
BLT Logistics Ltd IPO – FAQs
The allotment date of the BLT Logistics IPO is August 7, 2025.
The price band of the BLT Logistics IPO is ₹71 to ₹75 per share.
The offer size of BLT Logistics consists of a fresh issue of 12,96,000 equity shares, with a face value of Rs. 10 per share. The company aims to finance the capital expenditure for purchasing trucks and related equipment, fund their working capital requirements, and for general corporate purposes.
The listing date of the BLT Logistics IPO is August 11, 2025.
The BLT Logistics IPO is getting listed on the Bombay Stock Exchange (BSE).
The open and close dates of the BLT Logistics Limited IPO are August 4, 2025, and August 6, 2025, respectively.
To apply for the BLT Logistics Limited IPO through Alice Blue, open a Demat and trading account, check IPO details, place your bid within the price band, submit the application, and check allotment status. Allotment depends on demand, and shares are not guaranteed.
The book runner for the BLT Logistics IPO is Beeline Capital Advisors Private Limited.
Disclaimer: The above article is written for educational purposes and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
