GB Logistics Commerce Limited
GB Logistics Commerce Limited(GBLOGISTIC)
Total Shares
24,57,600
Issue Size
₹25.07 Cr
Price Band
₹95 – ₹102
Lot Size
1200 shares
Min. Investment
₹1,22,400
Max. Investment
₹1,22,400
Open Date
24 Jan, 2025
Close Date
28 Jan, 2025
Allotment
29 Jan, 2025
Listing
31 Jan, 2025
Max. Investment
₹1,22,400
Announced
24 Jan, 2025
Opening Date
24 Jan, 2025
Closing Date
28 Jan, 2025
Basis of Allotment
29 Jan, 2025
Initiation of Refunds
30 Jan, 2025
Credit of Shares
30 Jan, 2025
Listing Date
31 Jan, 2025
Apply via UPI in 5 minutes
Choose your broker • Zero commission on IPO
About GB Logistics Commerce Limited IPO
Incorporated in 2019, GB Logistics Commerce Limited is engaged in the business of Logistics.
The company offers qualified drivers, a fleet of vehicles, and a charter network for flexibility, responsiveness, and high-capacity transportation.
The company offers full truckload freight services to large and medium-sized enterprises, leveraging both its own and third-party transportation resources to efficiently manage logistics.
Business Segments:
GB Logistics Commerce Limited IPO Share Price and Issue Size
Issue Breakdown
Shareholding
Dilution: 42.8% increase in shares
GB Logistics Commerce Limited IPO Financials Health
GB Logistics Commerce Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹1,22,400 |
| Retail Maximum | 1 | 1200 | ₹1,22,400 |
| HNI Minimum | 2 | 2400 | ₹2,44,800 |
(All values in CR)
GB Logistics Commerce Limited IPO Valuation
| Metric | Value |
|---|---|
| DEBT/EQUITY | 0.88 |
| ROCE | 14.51% |
| ROE | 27.36% |
| RONW | 27.36% |
(All values in CR)
Strength & Risk of GB Logistics Commerce Limited IPO
1. Strong partnerships, alliances and affiliations with nodal agencies in the areas of agriculture and skill development.
2. Robust systems and processes across all functions of the company.
3. Strong technology backbone supported by a dedicated team of experienced professionals.
4. Favourable macro environment.
1. The average price/earnings (P/E) ratio of the listed industry peer set was 78.73x while our 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 our Equity Shares may fluctuate based on a comparison of the P/E ratio of the listed industry peer set and our Company.
2. There are certain recovery proceedings that are initiated against the Promoter of the Company.
3. The company has recently acquired its Material Subsidiary from its Promoter.
4. The company does not own its registered office and the locations from which the company operates.
5. 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.
6. The company has not complied with certain statutory provisions of the Companies Act. Such non-compliance may attract penalties and other actions against the Company and its Directors which could impact the financial position of it to that extent.
7. Its Material Subsidiary has not complied with certain statutory provisions of the Companies Act. Such non-compliance may attract penalties and other actions against the Company and its Directors which could impact the financial position of it to that extent.
8. Its business is dependent on the road network and the company ability to utilize its vehicles in an uninterrupted manner. Any disruptions or delays in this regard could adversely affect it and lead to a loss of reputation and/ or profitability.
9. The company is significantly dependent on its freight brokers for procuring business and may not be able to exercise complete control over the services offered by them.
10. We have experienced negative cash flows from operating and investing activities in the past.
GB Logistics Commerce Limited IPO Subscription Status
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 6,99,600 | 6,99,600 | 7.14 |
| HNI | 543.91 | 3,50,400 | 19,05,87,600 | 1 |
| Market Maker | 1.00 | 1,23,600 | 1,23,600 | 1.26 |
| QIB | 26.85 | 4,66,800 | 1,25,35,200 | 127.86 |
| Retail | 122.07 | 8,17,200 | 9,97,56,000 | 1 |
| Total | 185.31 | 16,34,400 | 30,28,78,800 | 3 |
GB Logistics Commerce Limited IPO GMP
Last updated 20 Jan, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 20 Jan, 2025 | 102 | ₹0 | -- | ₹102 (0.00%) | - | 20 Jan, 2025 |
| 21 Jan, 2025 | 102 | ₹0 | -- | ₹102 (0.00%) | - | 21 Jan, 2025 |
| 22 Jan, 2025 | 102 | ₹0▼ | -- | ₹102 (0.00%) | - | 22 Jan, 2025 |
| 23 Jan, 2025 | 102 | ₹21▼ | 19200 | ₹123 (20.59%) | - | 23 Jan, 2025 |
| 24 Jan, 2025 | 102 | ₹23▲ | 21000 | ₹125 (22.55%) | - | 24 Jan, 2025 |
| 31 Jan, 2025 | 102 | ₹16 | 14600 | ₹118 (15.69%) | - | 31 Jan, 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 GB Logistics Commerce Limited IPO
Login to Your Trading App
Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.
Go to IPO Section
Find GB Logistics Commerce Limited 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.
Approve Mandate on UPI App
Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.