Published: 23 June 2026 | 8.00 AM
Last Updated: 23 June 2026 | 8.00 PM
IPO Snapshot
| Particulars | Details |
|---|---|
| Chanakya View | Neutral to Positive |
| GMP Today | Rs. XX |
| Subject to Sauda | Rs. XX |
| Issue Size | Rs. 27.22 Crore |
| Price Band | Rs. 80 to Rs. 84 |
| Lot Size | 1,600 Shares |
| Retail Investment | Rs. 2,68,800 |
| Listing Exchange | BSE SME |
| Market Cap | Rs. 102.97 Crore |
Live Subscription Tracker (Only After IPO Opens)
| Category | Subscription |
| QIB | XXx |
| NII | XXx |
| Retail | XXx |
| Total | XXx |
Subscription Signal
| Subscription Level | Interpretation |
| Below 1x | Weak |
| 1x–5x | Average |
| 5x–20x | Good |
| 20x–50x | Strong |
| Above 50x | Very Strong |
What Does the Company Do?
Sampark India Logistics Ltd., incorporated in 2012, provides end-to-end logistics and supply chain solutions as a carrying and forwarding agent. The company offers freight forwarding, warehousing and distribution services for bulk B2B movement of goods across India. It serves sectors such as automotive, pharmaceuticals, consumer durables and textiles through a Pan-India branch network.
IPO Schedule
| Event | Date |
| IPO Opens | 30 June 2026 |
| IPO Closes | 2 July 2026 |
| Allotment | 3 July 2026 |
| Listing | 7 July 2026 |
Quick Positives
✅ Pan-India network of 52 branch offices across 17 states.
✅ Eight leased warehouses with total area of 1,24,500 sq. ft.
✅ Revenue improved to Rs. 201.62 crore in FY2025.
✅ PAT increased from Rs. 2.88 crore in FY2023 to Rs. 8.69 crore in FY2025.
✅ Post-IPO P/E of 11.86x appears reasonable.
Key Risks
⚠ Logistics business is working-capital intensive and competitive.
⚠ Debt/equity of 0.90 indicates moderate leverage.
⚠ PAT margin of 4.32% is relatively thin.
⚠ SME IPO retail ticket size is high at Rs. 2,68,800.
Who Should Apply?
| Investor Type | Suitability |
| Listing Gain Investors | ★★★☆☆ |
| Long-Term Investors | ★★★☆☆ |
| Conservative Investors | ★★☆☆☆ |
| High-Risk Investors | ★★★★☆ |
Chanakya View
Neutral to Positive
Sampark India Logistics has a meaningful logistics network, improving profitability and reasonable valuation. However, the business operates on thin margins and requires working capital support.
High-risk investors may consider the IPO selectively after checking GMP and subscription strength. Conservative investors should avoid aggressive bidding.
IPO Details at a Glance
| Particulars | Details |
| IPO Date | 30 June 2026 to 2 July 2026 |
| Listing Date | 7 July 2026 |
| Face Value | Rs. 10 Per Share |
| Price Band | Rs. 80 to Rs. 84 Per Share |
| Lot Size | 1,600 Shares |
| Issue Type | Book Building SME IPO |
| Listing At | BSE SME |
| Total Issue Size | 32,40,000 Shares |
| Issue Size | Rs. 27.22 Crore |
| Fresh Issue | 30,76,800 Shares |
| Offer For Sale | Nil |
| Reserved For Market Maker | 1,63,200 Shares |
| Net Offered To Public | 30,76,800 Shares |
| Shareholding Pre Issue | 90,18,750 Shares |
| Shareholding Post Issue | 1,22,58,750 Shares |
| Market Cap | Rs. 102.97 Crore |
Reservation
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
| QIB Shares Offered | 15,32,800 | 49.82% | 47.31% |
| NII Shares Offered | 4,65,600 | 15.13% | 14.37% |
| Retail Shares Offered | 10,78,400 | 35.05% | 33.28% |
| Market Maker Shares Offered | 1,63,200 | – | 5.04% |
| Total Shares Offered | 32,40,000 | 100.00% | 100.00% |
Lot Size
| Application Type | Lots | Shares | Amount |
| Retail Minimum | 2 | 3,200 | Rs. 2,68,800 |
| Retail Maximum | 2 | 3,200 | Rs. 2,68,800 |
| S-HNI Minimum | 3 | 4,800 | Rs. 4,03,200 |
| S-HNI Maximum | 7 | 11,200 | Rs. 9,40,800 |
| B-HNI Minimum | 8 | 12,800 | Rs. 10,75,200 |
Company Details
Sampark India Logistics Ltd. is engaged in providing end-to-end logistics and supply chain solutions as a carrying and forwarding agent. The company offers integrated logistics services covering movement of goods from point of origin to final destination.
The company operates in the B2B segment and specialises in bulk transportation of goods within India. Its services include freight forwarding, warehousing and distribution.
Sampark India Logistics operates through a Pan-India network of 52 branch offices across 17 states. It serves industries such as automotive, pharmaceuticals, consumer durables and textiles.
The company manages eight leased warehouses with a total area of 1,24,500 sq. ft. These warehouses are located in Ambala, Roorkee, Hyderabad, Aurangabad, Chennai, Bangalore, Nashik and Bhiwandi.
As of 31 August 2025, the company had 385 employees.
Competitive Strengths
| Key Strengths |
| Pan-India logistics network |
| Presence across 17 states |
| Eight leased warehouses |
| Diversified industry customer base |
| Freight forwarding, warehousing and distribution capability |
| Experienced promoters |
| Improving profitability |
IPO Objects
| Sr. No. | Objects of the Issue | Estimated Amount |
| 1 | To meet working capital requirements | Rs. 19.72 Crore |
| 2 | General Corporate Purposes | Balance Amount |
| 3 | To meet issue expenses | Balance Amount |
Company Address
| Particulars | Details |
| Registered Office | Plot No. 48, Bhule Ram Colony, Block B, Gali No. 7, Rangpuri Extension, Palam Airport, South West Delhi, New Delhi – 110037 |
| Phone | +91 9355579723 |
| compliance@silpl.com |
Lead Manager & Registrar
| Particulars | Details |
| Lead Manager | Finshore Management Services Ltd. |
| Registrar | Maashitla Securities Pvt. Ltd. |
| Registrar Phone | +91-11-45121795-96 |
| Registrar Email | ipo@maashitla.com |
Financials
| Particulars (Rs. Crore) | FY2025 | FY2024 | FY2023 |
| Total Assets | 110.45 | 104.66 | 80.44 |
| Total Income | 201.62 | 182.63 | 188.18 |
| Profit After Tax | 8.69 | 6.33 | 2.88 |
| EBITDA | 16.16 | 12.01 | 8.33 |
| Net Worth | 37.09 | 28.40 | 22.07 |
| Reserves & Surplus | 28.07 | 25.39 | 19.06 |
| Total Borrowings | 33.55 | 33.39 | 25.76 |
Valuation
Key Performance Indicators (KPI)
| KPI | FY2025 |
| ROCE | 33.54% |
| Debt / Equity | 0.90 |
| RoNW | 23.29% |
| PAT Margin | 4.32% |
| EBITDA Margin | 8.04% |
| Price To Book Value | 2.04 |
EPS & Valuation
| Particulars | Pre IPO | Post IPO |
| EPS (Rs.) | 9.63 | 7.08 |
| P/E (x) | 8.72 | 11.86 |
Shareholding Pattern
| Particulars | Pre Issue | Post Issue |
| Promoter Holding | 97.78% | 71.94% |
Promoters
Mr. Sanjay Kumar Rathi and Mrs. Renu Rathi are the promoters of the company.
Recently Listed IPOs in Transport Services
| Company | Issue Type | Issue Size | Issue Price | Listing Gain/Loss % |
| Global Ocean Logistics India Ltd. | SME | Rs. 30.41 Cr | Rs. 78 | +1.65% |
| Neptune Logitek Ltd. | SME | Rs. 46.62 Cr | Rs. 126 | -23.97% |
| Shipwaves Online Ltd. | SME | Rs. 56.35 Cr | Rs. 12 | -5.00% |
Detailed Chanakya View
Sampark India Logistics operates in the logistics and supply chain services space with a Pan-India branch network and warehouse support. The company caters to multiple industries and provides freight forwarding, warehousing and distribution services.
The company’s financial performance has improved over the last three years. PAT increased from Rs. 2.88 crore in FY2023 to Rs. 8.69 crore in FY2025. EBITDA also improved from Rs. 8.33 crore to Rs. 16.16 crore during the same period.
The valuation appears reasonable, with post-issue P/E of 11.86x and price-to-book value of 2.04. However, logistics is a competitive and working-capital-heavy business where margins are generally thin.
The IPO proceeds will largely be used for working capital requirements, which is relevant for the business model. However, investors should track receivables, debt levels and customer concentration after listing.
Chanakya View: Neutral to Positive. Sampark India Logistics may suit high-risk SME IPO investors looking for exposure to logistics and supply-chain services. Conservative investors