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Open
24 Jan 2025
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Close
28 Jan 2025
3
Allotment
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Listing
Fri, Jan 31, 2025
Price Band
₹95 to ₹102
Issue Size
24,57,600 shares (agg. up to ₹25 Cr)
Lot Size
1,200 Shares
Listing Date
Fri, Jan 31, 2025
Latest GMP
₹16
Est. Gain
15.69%
✦ AI Insight
GMP Trend
31-01-2025₹16Est. ₹118+15.69%
30-01-2025₹16Est. ₹118+15.69%
29-01-2025₹27Est. ₹129+26.47%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 129.10x |
Restated Financials (₹ Cr.)
| 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Pranik Logistics Ltd. | SME | ₹22.47 Cr | ₹77 | 15.33 | ₹82.95 | +7.73% | ₹44.00 (-2.22%) |
| Deccan Transcon Leasing Ltd. | SME | ₹65.06 Cr | ₹108 | 15.72 | ₹110.25 | +2.08% | ₹20.80 (-0.95%) |
| Rapid Multimodal Logistics Ltd. | SME | ₹8.49 Cr | ₹84 | 13.12 | ₹108.10 | +28.69% | ₹132.50 (+0.38%) |
| Brace Port Logistics Ltd. | SME | ₹24.41 Cr | ₹80 | 13.49 | ₹159.60 | +99.50% | ₹61.50 (+2.41%) |
| Afcom Holdings Ltd. | SME | ₹73.83 Cr | ₹108 | 14.33 | ₹215.45 | +99.49% | ₹1,389.15 (-1.68%) |
| Ashapura Logistics Ltd. | SME | ₹52.66 Cr | ₹144 | 11.54 | ₹175.75 | +22.05% | ₹53.75 (-3.15%) |
| Premier Roadlines Ltd. | SME | ₹40.36 Cr | ₹67 | 15.7 | ₹91.35 | +36.34% | ₹46.25 (+0.54%) |
| GConnect Logitech & Supply Chain Ltd. | SME | ₹5.60 Cr | ₹40 | 1.5 | ₹44.10 | +10.25% | ₹10.00 (+0.00%) |
| Western Carriers (India) Ltd. | Mainboard | ₹492.88 Cr | ₹172 | 16.85 | ₹159.44 | -7.30% | ₹95.17 (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ 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 |
About GB Logistics Commerce 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. 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: Robust Fleet and Infrastructure Expertise and Experience Strategic Partnerships + Read More
Contact Details
GB Logistics Commerce Ltd. AddressB-3, Saptak PlazaShivaji NagarNagpur, Maharashtra, 4400109881078877info@gblogisticsindia.comVisit Website