B-3,
Saptak Plaza,
Shivaji Nagar, Nagpur 440010
Phone: 9881078877
Email: info@gblogisticsindia.com
Website: https://gblogisticsindia.com/
Last updated on 28-Jan-2025 19:04:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 466800 | 12535200 | 26.85 |
| HNIs | 350400 | 190586400 | 543.91 |
| Retail | 817200 | 99756000 | 122.07 |
| Total | 1634400 | 302877600 | 185.31 |
| Total Applications: 104392 | |||
| QIB Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹3.7 | @8% ₹4.2 | @9% ₹4.7 | @10% ₹5.3 | @11% ₹5.8 | @12% ₹6.3 |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹74.5 | @8% ₹85.1 | @9% ₹95.8 | @10% ₹106.4 | @11% ₹117 | @12% ₹127.7 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1200 | 122400 | 681 |
| HNI | 2 | 2400 | 244800 | 292 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 33.25% | 817200 |
| NII (HNI) | 14.26% | 350400 |
| Anchor | 28.47% | 699600 |
| QIB | 18.99% | 466800 |
| Market Maker | 5.03% | 123600 |
| Total | 100.00% | 2457600 |
GB Logistics IPO Details
| Issue Size | 24,57,600 shares (aggregating up to ₹[25.07] Cr) |
| Fresh Issue | 24,57,600 shares (aggregating up to ₹ [25.07] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 57,36,848 shares |
| Share Holding Post Issue | 81,94,448 shares |
| Market Maker Portion | 1,23,600 shares |
| Market Maker | Svcm Securities |
Key Performance Indicator
| KPI | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 12.30% | 27.36% | 42.65% |
| ROCE | 6.22% | 14.51% | 11.44% |
| RONW | 12.30% | 27.36% | 42.65% |
| EPS | 4.41 | 8.48 | 1.34 |
| P/E Pre IPO | 12.03 | ||
| P/E Post IPO | 16.53 |
Company Financials In Crores
| Period Ended | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Assets | 59 | 59 | ||
| Revenue | 51 | 116 | ||
| Profit After Tax | 3 | 5 | 1 | 1 |
| Net Worth | 21 | 18 | 2 | 1 |
| Reserves and Surplus | 15 | 12 | ||
| Total Borrowing | 20 | 16 | 5 | 1 |
About Company
Incorporated in 2019, GB Logistics Commerce Limited specializes in logistics and transportation services, offering full truckload freight solutions to large and medium-sized enterprises. The company provides a comprehensive range of services, including qualified drivers, a fleet of vehicles, and a flexible charter network, ensuring responsiveness and high-capacity transportation. Its logistics offerings include full truckload services, special handling, godown-to-godown transportation, above-ground floor deliveries, and expertise in handling Out of Delivery Area (ODA) shipments to remote locations. Additionally, GB Logistics ventures into the trading of agricultural commodities, capitalizing on incidental trading opportunities to generate diversified revenue streams. As of January 15, 2024, the company employs 39 full-time staff members.
Strength
Diverse and Customizable Offerings: Ability to deliver tailored logistics solutions and specialized services for various industries, including agriculture.
Strong Quality Control and Ethics: Commitment to high standards in service delivery and ethical business practices, ensuring client satisfaction and trust.
Flexible Operations: Utilizes a versatile fleet and charter network, along with multiple facilities, to provide responsive and scalable logistics solutions.
Weakness
P/E Ratio Fluctuations: The company’s P/E ratio may fluctuate based on comparisons with industry peers, affecting share price volatility.
Ongoing Recovery Proceedings Against Promoter: Legal and recovery proceedings involving the promoter could lead to reputational risks and potential financial liabilities.
Recent Acquisition of Material Subsidiary: The recent acquisition of a material subsidiary from the promoter may involve integration risks and operational challenges.