GB Logistics Commerce Limited
GB Logistics Commerce Limited, founded on December 24, 2019, by Mr. Prashant Natwarlal Lakhani, is a freight service provider specializing in full truckload logistics for medium and large businesses. The company operates through both owned and third-party transport networks, offering end-to-end cargo movement solutions across industries. It also owns GB Hospitality (India) Private Limited, which operates in a related field.
Price Band₹95 - ₹102 |
Dates24 Jan - 28 Jan |
GMP₹0 (0.00%) |
Subscriptions- |
Issue Size₹25.07 Crs |
GB Logistics Commerce IPO Objects
- Prepayment or repayment of a portion of certain outstanding borrowings availed by our Company
- Working Capital Requirements
- Fund expenditure towards purchase of truck chassis and truck bodies
- General corporate purposes
GB Logistics Commerce IPO Details
Price Band₹95 - ₹102 |
Listing AtBSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹25.07 Cr (0.25 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹25.07 Cr (0.25 Cr Shares) |
Face Value₹10 per equity share |
GB Logistics Commerce IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
1,200
1,22,400
Maximum
1
1,200
1,22,400
|
|||
| NII |
Minimum
2
2,400
2,44,800
|
|||
GB Logistics Commerce IPO Subscription
-
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| Total | - | 0 | 0 |
GB Logistics Commerce IPO GMP
The estimated Grey Market Premium of GB Logistics Commerce IPO is ₹0 per share (0.00%)
1. GMPs are available for IPOs with listing dates from May 1, 2025, onwards.
2. The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of net offer |
| NII | Not less than 15% of net offer |
| Retail | Not less than 35% of net offer |
| Market Maker | 1,23,600 EQ Share |
GB Logistics Commerce IPO Financials
| Particulars | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 50.84 | 115.62 | 40.30 | 17.24 |
| Profit after Tax | 2.53 | 4.86 | 0.77 | 0.96 |
| Net Worth | 20.55 | 17.77 | 1.80 | 1.03 |
| Total Borrowing | 20.07 | 15.72 | 4.92 | 1.18 |
| Total Assets | 42.54 | 48.36 | 21.89 | 11.49 |
| NAV per share (in ₹) | 35.82 | 30.98 | 1,801.92 | 1,033.33 |
| EPS - Basic (in ₹) | 4.41 | 8.48 | 1.34 | 1.67 |
The financial information presented is on a consolidated basis
Key Performance Indicators
| KPI | KPI |
|---|---|
| EBITDA | 8.01% |
| PAT | 4.21% |
| ROE | 27.36% |
| ROCE | 14.51% |
| PE Ratio | 12.03 |
| PB Ratio | 3.29 |
| Mkt Cap (in Crs.) | 83.58 |
- All Ratios are based on Mar 24
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
GB Logistics Commerce IPO Peer Comparision
| Particulars | Co. | VRL Logistics | Ritco Logistics | Orissa Bengal Carrier |
|---|---|---|---|---|
| Revenue from Ops (in Crs.) | 115.62 | 2,888.62 | 933.30 | 335.18 |
| PAT (In Crs.) | 4.86 | 89.06 | 32.65 | 3.69 |
| ROCE | 14.51% | 7.27% | 7.41% | 3.58% |
| EBITDA | 8.01% | 14.35% | 8.46% | 1.63% |
| PAT Margin | 4.21% | 3.08% | 3.50% | 1.10% |
| Price to earning (PE) | 12.03 | 56.74 | 30.60 | 32.90 |
- All the information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 31, 2024 for Peers
GB Logistics Commerce IPO Peer Comparision
| Particulars | Co. |
|---|---|
| Revenue from Ops (in Crs.) | 115.62 |
| PAT (In Crs.) | 4.86 |
| ROCE | 14.51% |
| EBITDA | 8.01% |
| PAT Margin | 4.21% |
| Price to earning (PE) | 12.03 |
| VRL Logistics | Ritco Logistics | Orissa Bengal Carrier |
|---|---|---|
| 2,888.62 | 933.30 | 335.18 |
| 89.06 | 32.65 | 3.69 |
| 7.27% | 7.41% | 3.58% |
| 14.35% | 8.46% | 1.63% |
| 3.08% | 3.50% | 1.10% |
| 56.74 | 30.60 | 32.90 |
- All the information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 31, 2024 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Prashant Natwarlal Lakhani | 74.85% |
Management Details
| Name | Designation |
|---|---|
| Prashant Natwarlal Lakhani | MD |
| Navin Keshrimal Mehta | CFO |
| Kashyap Budhaji Pakhide | Chairman |
Company Details
Name : GB LOGISTICS COMMERCE LIMITED
Address : B-3, Saptak Plaza, Shivaji Nagar, Nagpur-440010
Number : 9881078877
Email : compliance@gblogisticsindia.com
Website : www.gblogisticsindia.com
Book Running Lead Managers (BRLMs)
SKI Capital
Visit WebsiteRTAs
Maashitla Securities
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
GB Logistics Commerce IPO is a SME IPO having an issue size of Rs. ₹25.07 Crs. GB Logistics Commerce IPO is priced at ₹95 - ₹102 per share. The issue opens on 24 Jan 25 and closes on 28 Jan 25.
GB Logistics Commerce IPO opens on 24 Jan 25 and closes on 28 Jan 25.
The estimated Grey Market Premium of GB Logistics Commerce IPO is ₹0 per share (0.00%).
The minimum lot size of GB Logistics Commerce IPO is 1200 shares & the minimum application amount is Rs. 122400.
The allotment date of GB Logistics Commerce IPO is 29 Jan 25.
The listing date of GB Logistics Commerce IPO is 31 Jan 25.
GB Logistics Commerce IPO is subscribed -.
GB Logistics Commerce IPO is priced at ₹95 - ₹102 per share.
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