BLT Logistics IPO
BLT Logistics IPO
Overview
BLT Logistics IPO is a bookbuilding of ₹9.72 crores. The issue is entirely a fresh issue of 12.96 lakh shares. BLT Logistics IPO bidding opened for subscription on August 4, 2025 and will close on August 6, 2025. The allotment for the BLT Logistics IPO is expected to be finalized on Thursday, August 7, 2025. BLT Logistics IPO will be list on BSE SME with a tentative listing date fixed as Monday, August 11, 2025. BLT Logistics IPO price band is set at ₹75 per share. The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹2,27,200 (3,200 shares). The minimum lot size investment for HNI is 3 lots (4,800 shares) amounting to ₹3,60,000. Beeline Capital Advisors Pvt Ltd is the book-running lead manager of the BLT Logistics IPO, while Skyline Financial Services Private Ltd is the registrar for the issue.The market maker for BLT Logistics IPO is Spread X Securities Private Limited.
Total Shares
12,96,000
Issue Size
₹9.72 Cr
Price Band
₹75 – ₹75
Lot Size
1600 shares
Min. Investment
₹2,40,000
Max. Investment
₹2,40,000
Open Date
04 Aug, 2025
Close Date
06 Aug, 2025
Allotment
07 Aug, 2025
Listing
11 Aug, 2025
Max. Investment
₹2,40,000
Announced
04 Aug, 2025
Opening Date
04 Aug, 2025
Closing Date
06 Aug, 2025
Basis of Allotment
07 Aug, 2025
Initiation of Refunds
08 Aug, 2025
Credit of Shares
08 Aug, 2025
Listing Date
11 Aug, 2025
Live GMP
Est. Listing: ₹100
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About BLT Logistics IPO
Incorporated in 2011, BLT Logistics Limited is engaged in providing surface transportation of goods in containerized trucks and warehousing services to various industries and businesses.
The company's logistics operations are supported by its fleet, Sabarmati Express India Private Limited, and third-party operators, providing necessary transportation facilities like containerised trucks from small fleet owners and agents.
As of March 31, 2024, the company owns an operational fleet
BLT Logistics IPO Share Price
Issue Breakdown
Shareholding
Dilution: 37.0% increase in shares
BLT Logistics IPO Promoters Holding
BLT Logistics IPO Financial Health
BLT Logistics Ltd.'s revenue increased by 21% and profit after tax (PAT) rose by 23% between the financial year ending with March 31, 2025 and March 31, 2024.
BLT Logistics IPO Lot Size
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3200 | ₹2,40,000 |
| Individual investors (Retail) (Max) | 2 | 3200 | ₹2,40,000 |
| S-HNI (Min) | 3 | 4800 | ₹3,60,000 |
| S-HNI (Max) | 8 | 12800 | ₹9,60,000 |
| B-HNI (Min) | 9 | 14400 | ₹10,80,000 |
(All values in CR)
BLT Logistics IPO Valuations
The market capitalization of BLT Logistics IPO is ₹35.97 Cr. KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| ROE | -30.88 |
| ROCE | 22.34 |
| Debt/Equity | 1.55 |
| RoNW | 43.73 |
| EBITDA Margin | 19.44 |
| Price to Book Value | 2.99 |
(All values in CR)
BLT Logistics IPO Strength & Risk
BLT Logistics IPO Strength:
Integrated logistics services with both transportation and warehousing, allowing BLT Logistics to serve a wide range of B2B clients.
Established operations since 2011 with over 120 vehicles and a strong base of repeat corporate clients.
Consistent revenue and profit growth, with FY25 revenue at ₹49.2 Cr and PAT of ₹3.83 Cr, showing financial stability.
Attractive valuation for an SME IPO with a lower P/E ratio compared to peers, making the entry point affordable.
Experienced promoters with more than 25 years in logistics, expanding the company’s reach in 3PL services.
BLT Logistics IPO Risk:
Very low public float and limited liquidity due to SME listing, making buying and selling shares after listing difficult.
High promoter shareholding post‑IPO, leading to concentrated control and limited influence for minority investors.
SME IPOs are under increased SEBI scrutiny, and tighter regulations can raise compliance costs and restrict fund usage.
Dependence on diesel and rising operating costs can reduce margins, as smaller companies have limited pricing power.
Small fleet size compared to larger logistics players, leading to stiff competition and slower scalability.
BLT Logistics IPO Subscriptions Status
BLT Logistics IPO subscribed 560.69 times. The public issue subscribed 637.20 times in the individual investors category, 81.80 times in QIB, and 1,017.63 times in the NII category by August 6, 2025 5:04:38 PM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 3,58,400 | 3,58,400 | 2.69 |
| Market Maker | 1.00 | 94,400 | 94,400 | 0.71 |
| Qualified Institutions | 81.80 | 2,40,000 | 1,96,32,000 | 147.24 |
| Non-Institutional Buyers | 1.00 | 1,80,800 | 18,39,87,200 | 1 |
| bNII (bids above ₹10L) | 1.00 | 1,20,000 | 14,23,92,000 | 1 |
| sNII (bids below ₹10L) | 684.13 | 60,800 | 4,15,95,200 | 311.96 |
| Individual Investors (IND category bidding for 2 Lots) | 637.20 | 4,22,400 | 26,91,52,000 | 2 |
| Total | 560.69 | 8,43,200 | 47,27,71,200 | 3 |
BLT Logistics IPO GMP
BLT Logistics SME IPO last GMP is ₹25, last updated Aug 8th 2025 04:58 PM. With the price band of 75.00, BLT Logistics SME IPO's estimated listing price is ₹100 (cap price + today's GMP).The expected percentage gain/loss per share is 33.33%. >> BLT Logistics SME IPO Retail Subject to Sauda: ₹30400 The lowest GMP is ₹0.00, while the highest GMP is ₹42.00.
Last updated 08 Aug, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 08 Aug, 2025 | 75 | ₹25 | 30400 | ₹100 (33.33%) | 40000 | 08 Aug, 2025 |
| 07 Aug, 2025 | 75 | ₹25▼ | 30400 | ₹100 (33.33%) | 40000 | 07 Aug, 2025 |
| 06 Aug, 2025 | 75 | ₹38▼ | 46200 | ₹113 (50.67%) | 60800 | 06 Aug, 2025 |
| 05 Aug, 2025 | 75 | ₹42▲ | 51100 | ₹117 (56.00%) | 67200 | 05 Aug, 2025 |
| 04 Aug, 2025 | 75 | ₹15▼ | 18200 | ₹90 (20.00%) | 24000 | 04 Aug, 2025 |
| 03 Aug, 2025 | 75 | ₹16 | 19500 | ₹91 (21.33%) | 25600 | 03 Aug, 2025 |
| 02 Aug, 2025 | 75 | ₹16▲ | 19500 | ₹91 (21.33%) | 25600 | 02 Aug, 2025 |
| 01 Aug, 2025 | 75 | ₹0 | - | ₹75 (0.00%) | - | 01 Aug, 2025 |
| 31 Jul, 2025 | 75 | ₹0 | - | ₹75 (0.00%) | - | 31 Jul, 2025 |
| 30 Jul, 2025 | 75 | ₹0 | - | ₹75 (0.00%) | - | 30 Jul, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for BLT Logistics IPO
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Go to IPO Section
Find BLT Logistics IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
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Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.