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BLT Logistics IPO
Price Band
₹71.0–75.0
Issue Size
₹9.72 Cr
Lot Size
1,600 shares
Min Investment
₹240,000
2 LOTS MIN
GMP
+₹25.0 (33.33%)
Issue Price
₹75.0
Subject to Sauda
₹30400
Paid only if allotted
BLT Logistics IPO AI Summary
- BLT Logistics IPO is listed on BSE SME in the Logistics Solution Provider sector.
- Price band: ₹71.0–₹75.0 per share, lot size 1,600 shares (min. investment ₹240,000, 2 lots minimum).
- Subscription window: 04 Aug–06 Aug 2025, listing on 11 Aug 2025.
- Current GMP is +₹25.0 (33.33%), an estimated listing price of ₹100 — unofficial and can change daily.
BLT Logistics Limited is set to expand its operations with an IPO priced at ₹75.0 per share. The company has shown revenue and profit growth in the last fiscal year, and it aims to utilize the proceeds for fleet expansion and working capital. Investors should consider the company's performance and market conditions before investing.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
BLT Logistics IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 06 Aug 2025 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
BLT Logistics IPO Grey Market Premium (GMP) Today
GMP
+₹25.0
GMP %
+33.33%
Est. Listing
₹100.0
Updated: 25 Jul 2026 14:13
About the Company
Incorporated in 2011, BLT Logistics Limited is engaged in providing surface transportation of goods in containerized trucks and warehousing services to various industries and businesses. The company's logistics operations are supported by its fleet, Sabarmati Express India Private Limited, and third-party operators, providing necessary transportation facilities like containerised trucks from small fleet owners and agents. As of March 31, 2024, the company owns an operational fleet of 90 vehicles (3.5MT to 18MT) and 15 vehicles (9MT) as part of its 99.99% subsidiary, Sabarmati. Services: Transportation & Allied Services: The company offers B2B transportation services, including FTL, LTL, packing, moving, and project cargo transportation, utilizing a diverse fleet and advanced technology for efficient, secure, and cost-effective logistics solutions. Warehousing Services: In 2023, the company expanded to offer warehousing services across three strategically located leased facilities, serving industries like electronics, retail, food, and MNCs, with detailed inventory reporting via MIS As of March 31, 2024, the company has 37 employees. Competitive Strengths: Long-standing business and track record Strong relationship with diverse customer base Wide range of logistics services and solutions Strong knowledge and experience of our promoters
Company Financials (₹ Cr)
As of 2025-03-31
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|
| Assets | 26.27 | 21.32 |
| Total Income | 49.43 | 40.73 |
| Profit After Tax | 3.84 | 3.13 |
| EBITDA | 9.56 | 8.48 |
| NET Worth | 8.78 | 4.94 |
| Reserves and Surplus | 5.30 | 1.46 |
| Total Borrowing | 13.65 | 12.02 |
Key Ratios
EPS
₹10.97
NAV
₹25.08
ROE
-30.88%
ROCE
22.34%
RoNW
43.73%
P/B Value
2.99
P/E Ratio
6.84
Market Cap
₹35.97 Cr
PAT Margin
6.27%
Debt/Equity
1.55
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Coastal Roadways | 56.42 | 6.27% | 8.29 | 3.5 | 3.5 |
| Premier Roadlines | 38.98 | 17.66% | 11.42 | 7.11 | 7.11 |
| BLT Logistics This IPO | 25.08 | 43.73% | 6.47 | 10.97 | 10.97 |
Promoters
Krishan Kumar and Rakesh Kumar
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding capital expenditure requirement of Company towards purchase of trucks (Vehicles) and ancillary equipment (Equipment) 3.88 2 To meet working capital requirements 2.80 3 General Corporate Purposes 1.59 4 Issue Expenses 1.45 Total 9.72
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹40.73 Cr for the period ending 31 Mar 2024, increasing to ₹49.43 Cr by 31 Mar 2025.
Profit Trend
Profit After Tax rose from ₹3.13 Cr in the period ending 31 Mar 2024 to ₹3.84 Cr by 31 Mar 2025.
Valuation
BLT Logistics has an implied P/E ratio of 6.47 at the issue price, compared to peers trading at P/E ratios of 8.29 for Coastal Roadways and 11.42 for Premier Roadlines.
Grey Market Premium, Explained
The Grey Market Premium (GMP) indicates the expected listing price of an IPO based on unofficial trading in the shares before they are listed on the stock exchange. A positive GMP suggests that the market anticipates a higher listing price than the issue price.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall investment strategy, considering factors such as the company's growth potential, market conditions, and personal risk tolerance.
Who May Want to Wait
Investors who prefer stable, established companies with predictable earnings may want to avoid this IPO, as logistics companies can be subject to market fluctuations and operational risks.
Listing Gains — The Risk
Listing-day gains can be unpredictable and depend on various factors, including market sentiment and demand for the stock. Investors should be aware that while some IPOs may experience significant gains on their listing day, others may not perform as well.
This evaluation is generated from BLT Logistics's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is BLT Logistics IPO GMP today?
BLT Logistics IPO GMP today is +₹25.0 (33.33%), indicating an estimated listing price of ₹100. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of BLT Logistics IPO?
The price band of BLT Logistics IPO is ₹71.0–₹75.0 per share.
When does BLT Logistics IPO open and close?
BLT Logistics IPO opens on 04 August 2025 and closes on 06 August 2025.
When does BLT Logistics IPO list on the stock exchange?
BLT Logistics IPO listed on 11 August 2025 at ₹100.0.
What is the lot size for BLT Logistics IPO?
The lot size for BLT Logistics IPO is 1600 shares, requiring a minimum investment of ₹240,000 (2 lots).
What is the lot size for this IPO?
The lot size for BLT Logistics IPO is 1600 shares.
What is the minimum investment required?
The minimum investment required is ₹2,40,000.
What is the price band for the IPO?
The price band for the IPO is ₹71.0 to ₹75.0.
When is the listing date?
The listing date for the IPO is August 11, 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected premium or discount of the IPO shares in the grey market before they are officially listed.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
04 Aug 2025
Close
06 Aug 2025
Allotment
07 Aug 2025
Listing
11 Aug 2025
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