GB Logistics & Commerce IPO Review: Date, Price
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Get the latest GB Logistics & Commerce IPO review, including issue price, GMP, subscription status, listing date, and financials. Should you invest? Find out now!
GB Logistics & Commerce IPO Details
GB Logistics & Commerce Ltd is launching its IPO to raise ₹25.07 crores, aiming to expand its operations in the logistics and agricultural commodity sectors. The IPO is gaining interest from investors due to its strategic position in India’s booming logistics industry.
Key IPO Details:
| Particulars | Details |
|---|---|
| IPO Open Date | January 24, 2025 |
| IPO Close Date | January 28, 2025 |
| Issue Price | ₹95 – ₹102 per share |
| Lot Size | 1,200 shares |
| Minimum Investment | ₹122,400 |
| Total Issue Size | ₹25.07 crores |
| Listing Exchange | BSE |
| Listing Date | January 31, 2025 |
Looking to invest? Here’s what you need to know before applying for the GB Logistics IPO.
GB Logistics & Commerce Company Overview
GB Logistics & Commerce Ltd was founded in 2019 and specializes in:
Full truckload freight services for businesses Logistics solutions for supply chain efficiency Trading of agricultural commodities
The company has a strong market presence, operating across multiple states in India with a fleet of trucks and warehouses.
Key Highlights:
Growing demand in e-commerce and supply chain logistics Experienced management with sector expertise Expansion plans in warehousing and fleet enhancement
GB Logistics IPO Financial Performance
| Metric | FY21 | FY22 | FY23 | Oct 2023 |
|---|---|---|---|---|
| Revenue (₹ Cr) | 2.63 | 17.23 | 40.29 | 33.16 |
| Net Profit (₹ Cr) | 0.06 | 0.96 | 0.76 | 1.89 |
| EBITDA (₹ Cr) | 0.08 | 1.50 | 1.51 | 3.63 |
| Return on Net Worth (%) | 87.66% | 92.95% | 42.65% | 31.53% |
| Debt-to-Equity Ratio | 3.67 | 1.14 | 2.73 | 2.31 |
Analysis: The company has shown strong revenue growth, but profit margins and debt levels need closer scrutiny.
Strengths & Risks of GB Logistics IPO
Key Strengths
Booming Logistics Industry – E-commerce growth is driving logistics demand. Strong Asset Base – Owns a growing fleet for full truckload operations. Experienced Leadership – Management has deep industry expertise.
Risks to Consider
High Competition – Competes with Delhivery, Blue Dart, and VRL Logistics. Debt Levels – Higher debt-to-equity ratio compared to peers. Reliance on Maharashtra Market – Geographical concentration risk..
Should You Subscribe to GB Logistics IPO?
Who Should Invest?
Long-term investors looking for growth in logistics High-risk investors who believe in the company’s expansion plans
Who Should Avoid?
Investors concerned about profitability and debt levels Those looking for short-term IPO listing gains only
Final Verdict: GB Logistics IPO offers [strong/moderate/low] growth potential. Do your own research before investing.
How to Apply for GB Logistics IPO?
Steps to Apply Online via UPI:
Login to your broker’s app (Zerodha, Angel One, Upstox, etc.)
Search for “GB Logistics IPO” under the IPO section
Enter your bid details (lot size, price)
Confirm & submit UPI mandate
Wait for allotment results
Listing Date: January 31, 2025
Conclusion: Is GB Logistics IPO a Good Investment?
Investors should analyze financial performance, sector growth, and risks before subscribing.
What’s your view on this IPO? Let us know in the comments!