GB Logistics Commerce Limited - IPO
SMEGB Logistics Commerce Stock Price
GB Logistics Commerce IPO Details
GB Logistics Commerce IPO Subscription
GB Logistics Commerce IPO Application Wise Breakup
GB Logistics Commerce IPO Dates
- 24 Jan 2025Opening dateOPD
- 28 Jan 2025Closing dateCOD
- 29 Jan 2025Basis of AllotmentBOA
- 30 Jan 2025Initiation of RefundsIOR
- 30 Jan 2025Credit of SharesCOS
- 31 Jan 2025Listing dateLID
GB Logistics Commerce IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retain Minimum | 1 | 1200 | ₹122,400 |
| Retain Maximum | 1 | 1200 | ₹122,400 |
| HNI Minimum | 2 | 2400 | ₹244,800 |
GB Logistics Commerce IPO Reservation
Promoter Holding
GB Logistics Commerce IPO Valuations
GB Logistics Commerce Limited Financial Information
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | ||||||||||||||||||||||||||||||||||||
| Assets | 59.28 | 58.6 | ||||||||||||||||||||||||||||||||||||||
| Revenue | 50.85 | 115.63 | ||||||||||||||||||||||||||||||||||||||
| Profit After Tax | 2.53 | 4.86 | 0.77 | 0.96 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 20.55 | 17.77 | 1.8 | 1.03 | ||||||||||||||||||||||||||||||||||||
| Reserves and Surplus | 14.81 | 12.04 | ||||||||||||||||||||||||||||||||||||||
| Total Borrowing | 20.07 | 15.72 | 4.92 | 1.18 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
About GB Logistics Commerce IPO
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.
Business Segments:
- 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.
- Trading of Agricultural Commodities: GB Logistics Commerce Limited 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 Infrastructure
- Expertise and Experience
- Strategic Partnerships
Strength Of GB Logistics Commerce IPO
1. Strong partnerships, alliances and affiliations with nodal agencies in the areas of agriculture and skill development.
2. Robust systems and processes across all functions of the company.
3. Strong technology backbone supported by a dedicated team of experienced professionals.
4. Favourable macro environment.
Risk Of GB Logistics Commerce IPO
1. The average price/earnings ("P/E") ratio of the listed industry peer set was 78.73x while our P/E ratio will be at premium of [*] times at the higher price band and [*] times at the lower price band. The trading price of our Equity Shares may fluctuate based on a comparison of the P/E ratio of the listed industry peer set and our Company.
2. There are certain recovery proceedings that are initiated against the Promoter of the Company.
3. The company has recently acquired its Material Subsidiary from its Promoter.
4. The company does not own its registered office and the locations from which the company operates.
5. There are certain pending legal proceedings involving the Company as well as the Promoter and Directors of the Company. Any adverse outcome on such proceedings may affect its business, financial condition and reputation.
6. The company has not complied with certain statutory provisions of the Companies Act. Such non-compliance may attract penalties and other actions against the Company and its Directors which could impact the financial position of it to that extent.
7. Its Material Subsidiary has not complied with certain statutory provisions of the Companies Act. Such non-compliance may attract penalties and other actions against the Company and its Directors which could impact the financial position of it to that extent.
8. Its business is dependent on the road network and the company ability to utilize its vehicles in an uninterrupted manner. Any disruptions or delays in this regard could adversely affect it and lead to a loss of reputation and/ or profitability.
9. The company is significantly dependent on its freight brokers for procuring business and may not be able to exercise complete control over the services offered by them.
10. We have experienced negative cash flows from operating and investing activities in the past.
Objectives GB Logistics Commerce IPO
- Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company
- Working Capital Requirements
- Fund expenditure towards the purchase of truck chassis and truck bodies
- General corporate purposes
Company Contact Details
GB Logistics Commerce Limited
B-3,
Saptak Plaza,
Shivaji Nagar, Nagpur 440010
Phone: 9881078877
Email: info@gblogisticsindia.com
Website: https://gblogisticsindia.com/
Registrar Contact Details
Lead Mangers
SKI Capital Services Limited
Market Maker
Svcm Securities