Popular Analysis

What is the latest news of BLT Logistics IPO?

The company will enter the market on 4 August 2025.

About BLT Logistics

Incorporated in 2011, BLT Logistics Limited is engaged in providing surface transportation of goods in containerized trucks along with warehousing services to diverse industries and businesses. Its logistics operations are supported by its own fleet, its subsidiary Sabarmati Express India Pvt Ltd (99.99% owned), and third-party operators, ensuring a strong and flexible transportation network.

As of March 31, 2024, the company directly owns 90 vehicles (3.5MT to 18MT) and an additional 15 vehicles (9MT) through its subsidiary Sabarmati.

Key Services Offered

  • Transportation & Allied Services: Provides B2B solutions including Full Truck Load (FTL), Less than Truck Load (LTL), packing & moving, and project cargo transportation, backed by technology for efficient and secure delivery.

  • Warehousing Services: Expanded in 2023 with three strategically located leased warehouses, catering to sectors such as electronics, retail, food, and multinational corporations, supported by detailed inventory tracking through MIS reporting.

The company employed 37 staff members as of March 31, 2024.

BLT Logistics IPO Details

Sector: Logistics

IPO opens on  4 August 2025
IPO closes on  6 August 2025
Issue Type Book Built Issue IPO
Issue Size 12,96,000 Shares /
Rs 9.72 Crore
* Fresh Issue
* Offer for Sale –
Market Maker Portion 94,400 Shares
Net offer to Public 1201,600 Shares
Rs. 9.01 Crores
Face Value per share Rs. 10
Price Band Rs. 71-75
Employee discount  Rs. 0 per share
Retail Lot Size  1600 Shares
Listing will at  BSE SME

How shares are being offered

Investor Category Shares Offered
Market Maker 94,400 (7.28%)
QIB  5,98,400 (46.17%)
NII (HNI)  1,80,800 (13.95%)
Retail  4,22,400 (32.59%)
Total 12,96,000 (100.00%)

 

How shares can be applied?

Application Lots Shares Amount
Individual investors (Retail) (Min) 2 3,200 ₹2,40,000
Individual investors (Retail) (Max) 2 3,200 ₹2,40,000
S-HNI (Min) 3 4,800 ₹3,60,000
S-HNI (Max) 8 12,800 ₹9,60,000
B-HNI (Min) 9 14,400 ₹10,80,000

 

Who are the Promoters of BLT Logistics IPO?

Krishan Kumar and Rakesh Kumar are the promoters of the company.

The promoters hold 99.95% of the pre-IPO capital

What are the Objects of BLT Logistics IPO?

The Company proposes to utilize the Net Proceeds from Issue towards funding the following objects

+Funding capital expenditure requirement of our company towards purchase of trucks (“Vehicles”) and ancillary equipment (“Equipment”) Rs. 3.88 Cr.
+To Meet Working Capital Requirements Rs. 2.80 Cr.
+General Corporate purposes

BLT Logistics IPO Timetable

Tentative timetable

IPO opens on 4 August 2025
IPO Closes on 6 August 2025
IPO Allotment on  7 August 2025
Refund Initiation  7 August 2025
Credit of Shares 8 August 2025
Listing on 11 August 2025
Registered Office of the Company
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
Lead Managers of this IPO
Beeline Capital Advisors Pvt ltd
Who is the Registrar to the IPO?
Skyline Financial Services Pvt ltd

BLT Logistics IPO Financials

Period Ended 31-Mar-25 31-Mar-24
Assets 26.27 21.32
Revenue 49.43 40.73
Profit After Tax 5.27 4.21
EBITDA 9.56 8.48
Net Worth 8.78 4.94
Reserves and Surplus 5.3 1.46
Total Borrowing 13.65 12.02
Amount in Rs. Crore

 

 

Performance Indicators

KPI Values
ROE -30.88%
ROCE 22.34%
Debt/Equity 1.55
RoNW 43.73
EBITDA Margin 19.44%
Price to Book Value 2.99
EPS 15.06
PE R 4.98

 

 

 

 

How BLT Logistics IPO compares with the Peers?

Company Name P/E (x) RoNW (%)
BLT Logistics 6.47 43.73
Premier Roadlines 11.42 17.66
Coastal Roadways 8.29 6.27

 

 

 

 


 

# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

Chanakya’s IPO Review – BLT Logistics by Paresh Gordhandas, CA & Research Analyst

Will update soon

Quicklinks


BLT Logistics IPO GMP

 
BLT Logistics
IPO review

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Q2. When is the Parth Electricals IPO open for subscription?

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Q3. What is the size of the Parth Electricals IPO?

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