GB Logistics Commerce Limited

Company Profile
Company Name GB Logistics Commerce Limited
Open Date 24-01-2025
Close Date 28-01-2025
Exchange BSE SME
Lot Size 1,200 Shares
Issue Price ₹95 to ₹102 per share
Issue Size 24,57,600 shares
Application Amount ₹1,22,400
Recommendation Avoid
Incorporation: GB Logistics Commerce Limited was originally incorporated on Dec 24, 2019. The registered office is located at Nagpur, India. Business Activity: The company offers qualified drivers, a fleet of vehicles, and a charter network for flexibility, responsiveness, and high-capacity transportation to large and medium-sized enterprises, leveraging both its own and third-party transportation resources to efficiently manage logistics. Revenue Stream: The company derived 61% of its revenue from logistics and 39% of its revenue from trading of agricultural commodities in FY 24. Human Resource: As of January 15, 2024, the company has 39 full-time employees on it’s payroll.

Financial Summary in Lakhs

For the Period Ended Mar-22 Mar-23 Mar-24 Sep-24
Revenue 1,723.97 4,029.93 11,562.48 5,083.56
EBITDA 142.71 137.13 925.79 454.22
Net Profit 96.05 76.86 486.24 252.80
RoCE 75.80% 42.21% 44.17% 16.59%*
ROE 92.95% 42.65% 27.36% 10.50%*
P/E 0.11 0.13 10.55 16.53*

Tentative Timeline

Opening Date 24-01-2025
Closing Date 28-01-2025
Basis of Allotment 29-01-2025
Initiation of Refunds 30-01-2025
Credit of Shares to Demat 30-01-2025
Listing Date 31-01-2025

Objects of the Issue

Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company;
Fund expenditure towards purchase of truck chassis and truck bodies;
General Corporate Purposes.

Contact Information

Registered Office GB Logistics Commerce Limited B-3, Saptak Plaza, Shivaji Nagar, Nagpur 440010
Phone 9881078877
Email info@gblogisticsindia.com
Website https://gblogisticsindia.com/

Registrar Details

Name Maashitla Securities Private Limited
Phone +91-11-45121795-96
Email investor.ipo@maashitla.com
Website https://maashitla.com/allotment-status/public-issues

IPO Reservation

Anchor Investor Shares Offered 6,99,600 (28.47%)
Market Maker Shares Offered 1,23,600 (5.03%)
QIB Shares Offered 4,66,800 (18.99%)
Retail Shares Offered 3,50,400 (14.26%)
Other Shares Offered 8,17,200 (33.25%)

Shareholding Pattern

Shareholding Pre Issue (Promoters) 74.85%
Shareholding Post Issue (Promoters) 52.40%

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