Global Ocean Logistics IPO Details & GMP

Global Ocean Logistics India Ltd. is launching a Book-Built SME IPO of Rs. 30.41 crore, entirely a fresh issue of 0.39 crore equity shares aggregating to Rs. 30.41 crore.

The IPO opens for subscription on Wednesday, December 17, 2025 and closes on Friday, December 19, 2025. The allotment is expected on December 22, 2025, with tentative listing scheduled on December 24, 2025 on BSE SME.

The price band is fixed at Rs. 74 to Rs. 78 per share. The lot size is 1,600 shares. Since the lot value is close to the Rs. 2.50 lakh threshold, retail minimum is 2 lots (3,200 shares), translating into a minimum investment of Rs. 2,49,600 at the upper price band.

Lead Manager: Marwadi Chandarana Intermediaries Brokers Pvt. Ltd.
Registrar: Kfin Technologies Ltd.
Market Maker: Mansi Share & Stock Broking Pvt. Ltd.

🕗 Last Update: 12 December 2025, 6.00 AM

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IPO Details

Particulars	Details
IPO Dates	Dec 17, 2025 – Dec 19, 2025
Listing	BSE SME
Face Value	Rs. 10 per share
Price Band	Rs. 74 to Rs. 78
Lot Size	1,600 shares
Issue Type	Book Building IPO
Issue Size	38,99,200 shares (Rs. 30.41 Cr)
Fresh Issue	Entirely Fresh
Market Maker Portion	1,95,200 shares (Rs. 1.52 Cr)
Net Offer to Public	37,04,000 shares (Rs. 28.89 Cr)
Pre-Issue Shares	1,05,43,491
Post-Issue Shares	1,44,42,691
Market Cap (Pre-IPO)	Rs. 112.65 Cr

IPO Timeline (Tentative)

Event	Date
IPO Open	Wed, Dec 17, 2025
IPO Close	Fri, Dec 19, 2025
Allotment	Mon, Dec 22, 2025
Refunds	Tue, Dec 23, 2025
Shares in Demat	Tue, Dec 23, 2025
Listing Date	Wed, Dec 24, 2025
UPI Cut-off	5 PM, Dec 19, 2025

Reservation Structure

Investor Category	Shares Offered	%
Market Maker	1,95,200	5.01%
QIB	18,49,600	47.44%
NII (HNI)	5,56,800	14.28%
Retail	12,97,600	33.28%
Total	38,99,200	100%

Note: Anchor portion indicated in base data is 11,10,400 shares (28.48%). Anchor is carved out of QIB quota in book-built issues.

IPO Lot Size

Category	Lots	Shares	Amount (Rs.)
Retail (Min–Max)	2	3,200	2,49,600
S-HNI (Min)	3	4,800	3,74,400
S-HNI (Max)	8	12,800	9,98,400
B-HNI (Min)	9	14,400	11,23,200

Company Financials (Rs. in Crore)

Period	30-Sep-25	FY25	FY24	FY23
Assets	46.51	35.22	23.56	18.07
Total Income	108.31	191.60	103.45	191.43
PAT	4.54	6.82	2.63	3.83
EBITDA	6.05	9.40	3.96	4.78
Net Worth	21.93	17.39	8.57	5.94
Borrowings	4.17	1.15	4.03	5.39

Key Performance Indicators (As of FY25)

KPI	Value
ROE	53%
ROCE	53%
Debt/Equity	0.07
RoNW	39.19%
PAT Margin	3.58%
EBITDA Margin	4.93%
Price to Book Value	4.73
EPS (Pre / Post)	Rs. 6.46 / Rs. 6.29
P/E (Pre / Post)	12.07x / 12.40x
Promoter Holding	82.00% (Pre-issue)

About the Company

Incorporated in January 2021, Global Ocean Logistics India Ltd. is a freight forwarding company offering multi-modal logistics solutions across:

Ocean freight forwarding (including coastal / ODC movement)
Road & rail transportation
Air freight forwarding
Container Freight Station (CFS) support
Custom clearance and allied services

The company operates through major Indian ports such as Nhava Sheva, Hazira, Pune, Mundra and Chennai, and has pan-India marketing coverage through offices in Vishakhapatnam, Jaipur, Pune and Tuticorin, supporting presence across 23+ states/UTs.

From FY23 to FY25, it handled 24,782 shipments and 73,052 TEUs, serving 263 ports globally. As of December 10, 2025, the company has an in-house team of 55 personnel and has processed 25,000+ Bills of Lading as of Sep 30, 2025.

Competitive Strengths

• Longstanding relationships with diversified customers across industries
• Asset-light business model supporting higher efficiency and scalability
• End-to-end service bouquet (Ocean/Air/Transport/CFS/Customs) improves client stickiness
• Promoter-led execution backed by experienced in-house team

Objects of the Issue

S. No.	Purpose	Amount (Rs. in Cr)
1	Working capital requirements	21.27
2	General corporate purposes	—

Company Contact

Global Ocean Logistics India Ltd.
[Address as per RHP]

Lead Manager (Placed below Company Address)

Marwadi Chandarana Intermediaries Brokers Pvt. Ltd.

Registrar to the Issue

Kfin Technologies Ltd.
📞 040-6716 2222 / 040-7961 1000
✉ globalocean.ipo@kfintech.com
🌐 https://ipostatus.kfintech.com/

Chanakya IPO Short Review

Global Ocean Logistics is an asset-light freight forwarding play with sharp growth momentum, supported by a strong network across ports and multi-modal offerings. FY25 shows improved profitability, and the company reports strong KPI prints (ROE/ROCE 53%) with low leverage (D/E 0.07).

However, operating margins are thin (PAT margin 3.58% / EBITDA margin 4.93%)—typical for logistics—and performance can be sensitive to freight cycles, competition, and working-capital intensity.

Valuation at ~12.40x post-issue P/E looks reasonable for an SME logistics player, but subscription/anchor participation and market mood will decide listing gains.

Chanakya View: Suitable for investors who understand the cyclical nature of logistics; watch subscription quality (QIB + NII mix) and grey-market cues for listing expectation.

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