GB Logistics IPO GMP Live, Open Date, Close Date, Price Band

GB Logistics IPO open date is from January 24, 2025 to January 28, 2025. This new IPO is a book-built issue worth up to Rs 25.07 crores of equity shares. This upcoming IPO is offering entirely a fresh issue of up to 24.57 lakh equity shares, there is no offers for sale part included in this IPO. 

GB Logistics IPO price band is Rs 95 – Rs 102 per share. As of now, GB Logistics IPO live GMP is at 0, indicating neutral sentiment among investors for this IPO.

GB Logistics IPO lot size is 1200 shares, and the allotment status is finalised on Wednesday, January 29, 2025. The minimum investment for retail investors is 1 lot, which is Rs 1,22,400. The registrar for GB Logistics IPO is Maashitla Securities Private Limited. The listing date is Friday, January 31, 2025.

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GB Logistics IPO GMP Live

GB Logistics IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be the same as the allotment price, which is Rs 102 per share. You can check the latest IPO Grey Market Premium today online.

If the subscription is oversubscribed, then GB Logistics IPO GMP might rise in the coming days. GB Logistics IPO GMP Live status will indirectly impact the sentiments of the IPO investors. If the Grey Market Premium is quoting at 10% to 15% or above, then the possibility of the oversubscription increases.

However, if the Live IPO GMP quotes are below 10% premium, then most investors tend to lose interest in applying for the IPO and the probability of the under-subscription increases. Here, in the GB Logistics IPO, GMP is expected to quote the initial ticks at a premium of 10% or above.

GB Logistics IPO Price Band

GB Logistics IPO price band is Rs 95 – Rs 102 per share. The minimum amount required for retail investors to participate in this IPO is Rs 1,22,400 (102 x 1200 shares). However, for the HNI category, the minimum investment amount required is 2,44,800 (102 x 2400 shares).

GB Logistics Allotment Status

GB Logistics IPO Allotment status will be available on its registrar Maashitla Securities Private Limited website on Wednesday, January 29, 2025. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

GB Logistics Listing Date

GB Logistics IPO listing date has been decided on Friday, January 31, 2025. The Listing will be on the BSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

GB Logistics IPO: Listing Date, Lot Size, Issue Size, Price Band

GB Logistics Commerce IPO: About the Company

GB Logistics Commerce Limited, established on December 24, 2019, by Mr Prashant Natwarlal Lakhani, is a key player in the logistics sector, specialising in full truckload freight services. 

The company primarily serves large and medium-sized enterprises by offering efficient cargo movement solutions through a mix of proprietary and third-party transportation services. 

Apart from logistics, GB Logistics engages in trading agricultural commodities, which expands its operational scope and revenue streams.

The company has built a large logistics infrastructure and maintains a strong fleet of vehicles. GB Logistics Limited continues to innovate within the rapidly growing Indian logistics market, aiming for sustainable growth and enhanced service delivery.

GB Logistics IPO Objectives

GB Logistics IPO objectives include utilising the funding received from the fresh issue into various objectives, including repayment and/or pre-payment of a portion of certain outstanding borrowings availed by the company, working capital requirements and funding towards the purchase of truck chassis and truck bodies. Further to meet general corporate purposes.

GB Logistics IPO: Key Dates, Allotment, Listing Date

GB Logistics IPO Subscription status, IPO Reservation

GB Logistics IPO subscription reservations are as follows: not more than 50% of the net issue is reserved for QIB (Qualified Institutional Buyers), not less than 35% for the retail investors and not more than 15% for the HNI category is reserved.

GB Logistics IPO Lot Size Details

GB Logistics IPO lot size is set at 1200 shares per lot. The minimum amount required for retail investors to participate in this IPO is Rs 1,22,400 (102 x 1200 shares). However, for the HNI category, the minimum investment amount required is Rs 2,44,800 (102 x 2400 shares).

GB Logistics IPO Promoter Holdings

GB Logistics IPO promoter is Prashant Natwarlal Lakhani. The promoter's combined shareholdings before the IPO were 74.85%; however, post-IPO, their shareholdings will decline.

GB Logistics Commerce Limited Financials (Amt in Crore)

Lead Manager and Registrar of GB Logistics IPO

GB Logistics PO lead manager is SKI Capital Services Limited. The company has appointed Maashitla Securities Private Limited as the registrar for this public issue.

How to apply to the GB Logistics IPO

Interested investors who want to apply to the GB Logistics IPO can directly apply from the Bigul trading app, or you can apply on the Bigul website here. You can also check the details of other upcoming IPO on the Bigul platform.

GB Logistics IPO FAQs

1. What are the core details available of the GB Logistics IPO?

GB Logistics IPO is a book-built issue worth up to Rs 25.07 crores. The price band for this IPO is Rs 95 – Rs 102 per share. This upcoming IPO is offering entirely a fresh issue of up to 24.57 lakh equity shares.

2. What is the GB Logistics IPO open date and close date?

GB Logistics IPO subscription opens on Friday, January 24, 2025, and closes on Tuesday, January 28, 2025.

3. What is GB Logistics IPO GMP Live?

GB Logistics IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be the same as the allotment price, which is Rs 102 per share. You can check the latest IPO Grey Market Premium today online.

4. How do you check the IPO Allotment status?

GB Logistics IPO Allotment status is available on its registrar, Maashitla Securities Private Limited website. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

5. Who are the registrar and lead managers for GB Logistics IPO?

GB Logistics IPO lead manager is SKI Capital Services Limited. The company has appointed Maashitla Securities Private Limited as the registrar for this public issue.

Also Read:

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• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?