Issue Price
₹102
Per Share
GMP
NIL
Grey Market
Est. Listing
₹102
Expected Price
Min. Application
₹244,800
2 lots × 1200 shares
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 InfrastructureExpertise and ExperienceStrategic Partnerships
GB Logistics Commerce Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 123,600 | — | ₹1.26 Cr | — |
| TOTAL | 2,457,600 | 100.00% | ₹25.07 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹122,400 |
| Retail (Max) | 13 | 15,600 | ₹1,591,200 |
| sNII (Min) | 14 | 16,800 | ₹1,713,600 |
| bNII (Min) | 68 | 81,600 | ₹8,323,200 |
| Particulars | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 50.85 | 115.63 | N/A |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 2.53 | 4.86 | 0.77 |
| Net Worth | 20.55 | 17.77 | 1.80 |
| Total Assets | 59.28 | 58.60 | N/A |
| Reserves & Surplus | 14.81 | 12.04 | N/A |
| Total Borrowings | 20.07 | 15.72 | 4.92 |