| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹25.07 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹25.07 Cr |
| Fresh Issue | ₹23.81 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน95.00-102.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544348 |
| Registrar | Maashitla Securities Pvt.Ltd. |
| Lead Managers | SKI Capital Services 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: 1,200 shares and in multiples thereof
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.
The company operates in two Business Segments Logisticsand Trading of Agricultural Commodities.
In Logistics the company offers Full Truck Load, special handling, godown-to-godown transportation, above-ground floor deliveries, and expertise in Out of Delivery Area (ODA) shipments to remote and challenging locations.
In Trading of Agricultural Commodities the company focuses on logistics near agricultural commodities, capitalizing on incidental trading opportunities to generate additional revenue, and diversifying income while supporting the agricultural and logistics sectors.
As of January 15, 2024, the company has 39 full-time employees.
Competitive Strength:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company | 5.00 |
| 2 | Working Capital Requirements | 9.38 |
| 3 | Fund expenditure towards purchase of truck chassis and truck bodies | 3.80 |
| 4 | General Corporate Purposes | 4.79 |
| 5 | Issue Expenses | 2.10 |
| Total | 25.07 |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 59.28 | 58.60 | ||
| Total Income | 50.85 | 115.63 | ||
| Profit After Tax | 2.53 | 4.86 | 0.77 | 0.96 |
| NET Worth | 20.55 | 17.77 | 1.80 | 1.03 |
| Reserves and Surplus | 14.81 | 12.04 | ||
| Total Borrowing | 20.07 | 15.72 | 4.92 | 1.18 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 27.36% |
| ROCE | 14.51% |
| Debt / Equity | 0.88% |
| RoNW | 27.36% |
| PAT Margin | 4.21% |
| Price to Book Value | 3.29 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 8.48 | 6.17 |
| P/E (x) | 12.03 | 16.53 |
| Promoter Holding | 74.85% | 52.4% |
| Market Cap | โน83.58 Cr. | |