BLT Logistics IPO
GMP, Subscription, Price, Dates & Financial Details
Logistics
Incorporated in 2011, BLT Logistics Limited specializes in surface transportation and warehousing services for a wide range of industries and businesses across India.Core OperationsThe company’s logistics services are supported by a combination of its own fleet and partnerships with third-party…
Open Date
Mon, 04 Aug 2025
Close Date
Wed, 06 Aug 2025
Price Band
₹ 71 – 75
Lot Size
1600
Issue Size
₹ 9.72 Cr
Minimum Investment
₹ 240,000 (3200 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
BLT Logistics IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹10 Crore, comprising a fresh issue of 12.96 Lakh equity shares aggregating to ₹9.72 Crore.
The BLT Logistics IPO remained open for subscription from August 04, 2025, to August 06, 2025. The basis of allotment was finalized on August 07, 2025, and the company's shares were listed on BSE SME Platform on August 11, 2025.
The company had fixed the price band at ₹71 to ₹75 per share, with a lot size of 1600 shares. Retail investors were required to make a minimum investment of ₹240,000 (based on the upper price band) to apply for one lot.
Skyline Financial Services Private Ltd served as the registrar to the issue. Beeline Capital Advisors Pvt Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, BLT Logistics Ltd is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
BLT Logistics IPO Timeline (Tentative)
- IPO Open Date
- Mon, 04 Aug 25
- IPO Close Date
- Wed, 06 Aug 25
- Basis of Allotment
- Thu, 07 Aug 25
- Initiation of Refunds
- Fri, 08 Aug 25
- Credit of Shares to Demat
- Fri, 08 Aug 25
- Listing Date
- Mon, 11 Aug 25 — NSE & BSE
Open Date
04 August 2025
Close Date
06 August 2025
Basis Of Allotment
07 August 2025
Listing Date
11 August 2025
IPO Subscription
Check Live Subscription →The BLT Logistics IPO has received bids for 47,29,63,200 shares against 8,43,200 shares offered, resulting in an overall subscription of 560.91x. the NII category is subscribed 1,018.18x, Retail Investors 637.42x, and QIBs 81.8x.
QIB
81.8x
NII
1018.18x
RII
637.42x
Total
560.91x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 4,22,400 shares, representing 50.09% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 2,40,000 shares (28.47%), while Non-Institutional Investors (NIIs) receive 1,80,800 shares (21.44%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Qualified Institutions | 240,000 | 28.47% |
| Non-Institutional | 180,800 | 21.44% |
| Retail Investors | 422,400 | 50.09% |
| 937,600 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|
| Assets | 26.27 | 21.32 |
| Revenue | 49.43 | 40.73 |
| Profit After Tax | 5.27 | 4.21 |
| Net Worth | 8.78 | 4.94 |
| Reserve & Surplus | 5.3 | 1.46 |
| Total Borrowings | 13.65 | 12.02 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
BLT Logistics Ltd KPI Information
| Particular | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE % | 49.07 | 85.66 | 152 |
| ROCE % | 27.66 | 35.29 | 22.23 |
| Debt / Equity | 1.59 | 0 | 0 |
| RoNW % | 39.4 | 57.38 | 86.36 |
| Pat Margin % | 6.67 | 6.67 | 4.37 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| BLT Logistics Ltd | 10 | 0 | 10.97 | 10.97 | 43.73 | 28.08 |
| Premier Roadlines Ltd | 10 | 11.42 | 7.11 | 7.11 | 17.66 | 38.98 |
| Coastal Roadways Ltd | 10 | 8.29 | 3.5 | 3.5 | 6.27 | 56.42 |
About BLT Logistics Ltd
Incorporated in 2011, BLT Logistics Limited specializes in surface transportation and warehousing services for a wide range of industries and businesses across India.
Core Operations
The company’s logistics services are supported by a combination of its own fleet and partnerships with third-party operators. BLT Logistics also operates through its 99.99% subsidiary, Sabarmati Express India Private Limited, enhancing its transportation capabilities.
As of March 31, 2024, the group operates a total of 105 vehicles, comprising:
- 90 company-owned vehicles (ranging from 3.5 MT to 18 MT)
- 15 additional vehicles (9 MT) under Sabarmati Express
Service Portfolio
1. Transportation & Allied Services
BLT Logistics provides end-to-end B2B logistics solutions, including:
- Full Truck Load (FTL)
- Less than Truck Load (LTL)
- Packing and moving
- Project cargo transportation
Leveraging a versatile fleet and advanced logistics technology, the company ensures reliable, cost-effective, and secure delivery services.
2. Warehousing Services
In 2023, the company expanded its offerings to include warehousing services. It currently operates three leased warehouses located in strategic industrial zones, catering to sectors such as:
- Electronics
- Retail
- Food & Beverage
- Multinational Corporations (MNCs)
Warehouse operations include detailed inventory tracking and reporting through comprehensive Management Information Systems (MIS).
As of March 31, 2024, BLT Logistics Limited employs 37 staff members, supporting operations across transportation and warehousing verticals.
BLT Logistics IPO Promoters
- Krishan Kumar
- Rakesh Kumar
Promoters Holding
Holding Pre Issue
99.95%
Holding Post Issue
72.94%
BLT Logistics IPO Objective
The Net Issue Proceeds are proposed to be used in accordance with the details provided in the following table.
- Funding capital expenditure requirement of our company towards purchase of trucks (“Vehicles”) and ancillary equipment (“Equipment”)
- To Meet Working Capital Requirements
- General Corporate Purpose
BLT Logistics Ltd Address / Contact Details
BLT Logistics Ltd.
Plot No 304,A/2 Kh 14/20/1 F/F,
Patel Garden, Kakrola, South West Delhi,
West Delhi, New Delhi, 110078
Phone: +91 11 3545 4842
Email: cs@bltlogistics.com
Website: http://www.bltlogistics.com
IPO Snapshot
BLT Logistics IPO Lot Size
The BLT Logistics IPO has a lot size of 1,600 shares. Retail investors require a minimum investment of ₹2,40,000 by applying for 2 lot (3,200 shares). The maximum application allowed for the retail category is 2 lots (3,200 shares), requiring an investment of ₹2,40,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | 240,000.00 |
| Retail (Max) | 2 | 3,200 | 240,000.00 |
| S-HNI (Min) | 3 | 4,800 | 360,000.00 |
| S-HNI (Max) | 8 | 12,800 | 960,000.00 |
| B-HNI (Min) | 9 | 14,400 | 1,080,000.00 |
Issue Reservation
- QIB — 28.47%
- NII — 21.44%
- RII — 50.09%
- — 100%
Book Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the BLT Logistics IPO?
BLT Logistics IPO is a Book-building IPO with a total issue size of ₹9.72 crore. The BLT Logistics IPO price band is ₹71 to 75 per share. The BLT Logistics IPO subscription opens on Mon, Aug 4, 2025, and closes on Wed, Aug 6, 2025. The BLT Logistics IPO will be listed on the BSE. Skyline Financial Services Private Ltd is the registrar for the BLT Logistics IPO.
When will the BLT Logistics IPO open for subscription?
The BLT Logistics IPO opens on Mon, Aug 4, 2025 and closes on Wed, Aug 6, 2025
What is BLT Logistics IPO Price Band?
BLT Logistics IPO Price Band is ₹71 to 75 per share.
What is BLT Logistics IPO Lot Size?
BLT Logistics IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹240000 based on the upper price band
What is the minimum investment for BLT Logistics IPO?
The minimum investment for BLT Logistics IPO is ₹240000, based on one lot of 1600 shares at the upper price band of ₹75 per share.
How to apply for BLT Logistics IPO?
Investors can apply for the BLT Logistics IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Aug 6, 2025. The application amount remains blocked until the BLT Logistics IPO allotment is finalized.
What is BLT Logistics IPO Issue Size?
BLT Logistics IPO issue size is ₹9.72 crores.
What is the BLT Logistics IPO Allotment Date?
BLT Logistics IPO allotment date is Thu, Aug 7, 2025.
Who is the BLT Logistics IPO Registrar?
The registrar for BLT Logistics IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website to check BLT Logistics IPO allotment status, refund processing, and other IPO-related information.
What is the BLT Logistics IPO GMP?
The BLT Logistics IPO GMP (Grey Market Premium) is ₹16 as of Sat, Aug 2, 2025. Based on the upper price band of ₹75 per share, the estimated BLT Logistics IPO listing price is ₹91, indicating a potential listing gain of approximately 21.33% over the issue price.
Who is the BLT Logistics IPO Lead Manager?
The book-running lead managers (BRLMs) for the BLT Logistics IPO are . The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the BLT Logistics IPO Red Herring Prospectus (RHP).