GB Logistics Commerce SME IPO Details, Financials, Valuation & Peers
Explore GB Logistics Commerce IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
GB Logistics Commerce Limited is a multi-vertical enterprise specializing in logistics and agricultural commodity trading. The company offers full truckload freight services tailored to large and medium-sized enterprises, leveraging a mix of proprietary and third-party transportation networks to ensure seamless logistics solutions. The company’s logistics offerings encompass regular full-truckload transportation, specialized handling, godown-to-godown transportation, above-ground floor delivery, and the management of out-of-delivery area shipments. In addition to its logistics expertise, GB Logistics diversifies its operations by trading agricultural commodities, creating a complementary revenue stream that aligns with its logistics framework. GB Logistics also operates through its wholly-owned subsidiary, GB Hospitality (India) Private Limited, which enhances its service reach.
Key Points:
- Business Verticals
- Logistics Services: Full truckload freight solutions with domestic coverage, addressing regular, special, and remote logistics needs.
- Trading of Agricultural Commodities: Enhances revenue diversification and aligns with the company’s logistics operations.
- Logistics Offerings
- Full Truck Load/LCV Delivery
- Extensive nationwide coverage with proprietary and third-party fleets.
- Flexibility to manage urgent and high-volume requirements.
- Special Handling Services
- Preparation and management of equipment for shipment distribution.
- Tailored handling solutions for diverse products.
- Godown-to-Godown Transportation
- Expertise in warehouse logistics, including production and returns logistics.
- Value-added services tailored to industries and retail sectors.
- Delivery Above Ground Floor
- Efficient service for delivering goods to higher floors.
- Out of Delivery Area (ODA) Shipments
- Specialized services for remote and challenging locations.
- Reduced Return to Origin (RTO) rates, ensuring customer satisfaction.
- Full Truck Load/LCV Delivery
- Subsidiary: GB Hospitality (India) Private Limited: Complements the company’s operations and extends its capabilities.
Objects of the Issue
- Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company
- Working Capital Requirements
- Fund expenditure towards purchase of truck chassis and truck bodies
- General corporate purposes
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 24 Jan - 28 Jan 2025 |
| IPO Price Band | ₹95 - ₹102 per share |
| Fresh Issue | 24,57,600 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹25.07 crore |
| Face Value | ₹10 |
| Listing On | BSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 24 Jan 2025 |
| IPO Closing Date | 28 Jan 2025 |
| Basis Of Allotment | 29 Jan 2025 |
| Refunds | 30 Jan 2025 |
| Demat Transfer | 30 Jan 2025 |
| IPO Listing Date | 31 Jan 2025 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Sep 2024 |
|---|---|---|---|---|
| Total Income | 17.32 | 40.44 | 115.63 | 50.85 |
| Total Expenses | 16.03 | 39.40 | 108.87 | 47.46 |
| Net Profit/Loss | 0.96 | 0.77 | 4.86 | 2.53 |
| NPM (*) | 5.57 | 1.91 | 4.21 | 4.97 |
| Total Assets | 11.49 | 21.89 | 58.60 | 59.28 |
| Total Liabilities | 10.46 | 20.09 | 40.83 | 38.73 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Sep 2024 |
|---|---|---|---|---|
| EPS | 1.67 | 1.34 | 8.48 | 4.41 |
| ROE (%) | 92.95 | 42.65 | 27.36 | 12.30 |
| ROCE (%) | 43.41 | 11.44 | 14.51 | 6.22 |
| D/E Ratio | 1.14 | 2.73 | 0.88 | 0.98 |
| Current Ratio | 1.05 | 1.09 | 1.43 | 1.70 |
| EBITDA MARGIN (%) | 8.75 | 3.76 | 8.01 | 8.97 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| GB Logistics Commerce Limited | 115.63 | 12.03 | 8.48 | 27.36 | 30.98 |
| VRL Logistics Limited | 2,888.62 | 56.74 | NA | 9.42 | NA |
| Ritco Logistics Limited | 933.30 | 30.60 | NA | 17.99 | NA |
| Orissa Bengal Carrier Limited | 335.18 | 32.90 | NA | 4.12 | NA |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 25.1 |
| Non-Institutional Investor (NII/HNI) | 543.55 |
| Retail Individual Investor (RII) | 121.88 |
| Total | 184.64 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795
Email: ipo@maashitla.com
Website: www.maashitla.com
Company Promoters
- PRASHANT NATWARLAL LAKHANI
Lead Managers
- SKI CAPITAL SERVICES LIMITED
Company Address
GB Logistics Commerce Limited
B-3, Saptak Plaza, Shivaji Nagar, Nagpur-440010 India
Phone: 9881078877
Email: compliance@gblogisticsindia.com
Website: www.gblogisticsindia.com
FAQs
- What is the issue size of the GB Logistics Commerce SME IPO?The GB Logistics Commerce SME IPO has an issue size of ₹25.07 crore. This includes a fresh issue of 24,57,600 shares and an offer for sale (OFS) of NIL.
- What is the price band of the GB Logistics Commerce IPO?The price band for the GB Logistics Commerce IPO is ₹95 - ₹102 per share.
- What are the bidding dates for the GB Logistics Commerce IPO?The GB Logistics Commerce IPO will open for bidding on 24 Jan 2025 and close on 28 Jan 2025.
- What is the allotment date for the GB Logistics Commerce IPO?The allotment date for the GB Logistics Commerce IPO is 29 Jan 2025.
- What is the minimum lot size and investment required for the GB Logistics Commerce IPO?The minimum lot size for the GB Logistics Commerce IPO is 1200 shares and the minimum investment required is ₹1,22,400.
- What is the listing date for the GB Logistics Commerce IPO?The listing date for the GB Logistics Commerce IPO is 31 Jan 2025.
- What is the GB Logistics Commerce IPO grey market premium?The grey market premium (GMP) for the GB Logistics Commerce IPO is currently at ₹30, with an expected listing gain of approximately 29.41%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.