| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹9.72 Cr |
| Reserved for Market Maker | ₹0.71 Cr |
| Net Issue Size | ₹9.72 Cr |
| Fresh Issue | ₹9.01 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹71.00-75.00 per share |
| BSE Code | 544474 |
| Registrar | Skyline Financial Services Pvt.Ltd. |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 3,200 shares · Multiples of 1,600 shares
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 of 90 vehicles (3.5MT to 18MT) and 15 vehicles (9MT) as part of its 99.99% subsidiary, Sabarmati.
Services:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure requirement of Company towards purchase of trucks (Vehicles) and ancillary equipment (Equipment) | 3.88 |
| 2 | To meet working capital requirements | 2.80 |
| 3 | General Corporate Purposes | 1.59 |
| 4 | Issue Expenses | 1.45 |
| Total | 9.72 |
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|
| Assets | 26.27 | 21.32 |
| Total Income | 49.43 | 40.73 |
| Profit After Tax | 3.84 | 3.13 |
| EBITDA | 9.56 | 8.48 |
| NET Worth | 8.78 | 4.94 |
| Reserves and Surplus | 5.30 | 1.46 |
| Total Borrowing | 13.65 | 12.02 |
| Amount in ₹ Crore | ||
| KPI | Mar 31, 2025 |
|---|---|
| ROE | -30.88% |
| ROCE | 22.34% |
| Debt / Equity | 1.55% |
| RoNW | 43.73% |
| PAT Margin | 6.27% |
| EBITDA Margin | 19.44% |
| Price to Book Value | 2.99 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 10.97 | 8.00 |
| P/E (x) | 6.84 | 9.37 |
| Promoter Holding | 99.95% | 72.94% |
| Market Cap | ₹35.97 Cr. | |
