Pooja Logistics Shares List at 2.61% Premium at ₹118 on NSE SME

Pooja Logistics shares made their stock market debut on September 30, 2026, listing at ₹118 per share on NSE SME, compared with the IPO issue price of ₹115 per share. The listing represented a 2.61% premium over the issue price.

Following the listing, Pooja Logistics shares moved higher during the morning session. At 10:24:52 AM IST, the stock was trading at ₹123.90, up ₹5.90 or 5% from the listing price. Compared with the ₹115 IPO issue price, the stock was trading 7.74% higher.

During the available market snapshot, Pooja Logistics shares traded between ₹118 and ₹123.90, while the VWAP stood at ₹119.06.

The listing followed the company's ₹44.23 crore IPO, which was open for subscription from September 23 to September 25, 2026. The issue received an overall subscription of 2.61 times. The IPO price band was fixed at ₹109 to ₹115 per share, with the final issue price at ₹115.

Pooja Logistics operates in the logistics and transportation segment, providing transportation and related logistics services. The company caters to freight movement requirements through its logistics operations.

Pooja Logistics IPO Listing Details

Pooja Logistics IPO was a ₹44.23 crore SME issue, comprising an entirely fresh issue of equity shares. There was no offer-for-sale component.

The issue comprised 38,46,000 equity shares, including 1,98,000 shares reserved for the market maker. The fresh issue excluding the market-maker portion comprised 36,48,000 shares.

The IPO opened for subscription on September 23 and closed on September 25, 2026. The price band was fixed at ₹109 to ₹115 per share, with the final issue price fixed at the upper end of the band at ₹115.

The issue received an overall subscription of 2.61 times. The NII category was subscribed 5.08 times, the Individual Investors portion received 2.85 times subscription, while the QIB portion was subscribed 1.77 times.

Pooja Logistics shares listed on NSE SME on September 30 at ₹118 per share and subsequently traded at ₹123.90 as of 10:24:52 AM IST.

- Issue Price: ₹115 per share
- NSE SME Listing Price: ₹118 per share
- Listing Premium: 2.61%
- Trading Price: ₹123.90 per share
- Change From Issue Price: 7.74%
- Intraday High: ₹123.90
- Intraday Low: ₹118
- Overall Subscription: 2.61 times
- Fresh Issue: ₹44.23 crore
- Offer for Sale: Nil
- Price Band: ₹109 to ₹115 per share
- IPO Open Date: September 23, 2026
- IPO Close Date: September 25, 2026
- Listing Date: September 30, 2026
- Exchange: NSE SME

First-Day Trading Performance

Listing Price: Pooja Logistics share price debuted at ₹118 per share on NSE SME, compared with the IPO issue price of ₹115. This represented a premium of ₹3 per share or 2.61%.

Post-listing price: At 10:24:52 AM IST, the stock was trading at ₹123.90 per share, representing a 5% increase from the ₹118 listing price and a 7.74% increase from the ₹115 IPO issue price.

Intraday high: The stock touched ₹123.90, which was ₹8.90 or approximately 7.74% above the issue price.

Intraday low: The stock's low in the available market snapshot stood at ₹118, which was ₹3 or approximately 2.61% above the issue price.

Volume: A verified traded-volume figure was not provided in the available market snapshot, so it has not been included.

Subscription context: The IPO was open from September 23 to September 25, 2026, and received an overall subscription of 2.61 times. Investors placed bids for 95,25,600 shares against 36,48,000 shares offered to the public.

Growth Drivers and Challenges

Growth Drivers

Logistics Services: Pooja Logistics operates in the logistics and transportation segment, providing freight transportation and related logistics services to customers.

Transportation Network: The company's operations are supported by its transportation capabilities, enabling it to handle goods movement requirements across its service network.

Industry Demand: Demand for organised logistics services is linked to freight movement across manufacturing, distribution, retail and other commercial sectors.

Fresh Issue Funding: As the IPO consists entirely of a fresh issue, the company will receive the net proceeds raised through the issue for its stated business purposes.

Business Expansion: Access to fresh capital through the IPO provides the company with additional financial resources for its stated growth and operational requirements.

Challenges

Competitive Market: The logistics industry includes organised and unorganised operators, making pricing, service quality, network capabilities and customer relationships important competitive factors.

Operating Cost Exposure: Transportation businesses are exposed to costs associated with fuel, vehicles, maintenance, manpower and other logistics-related expenses.

Working Capital Requirements: Logistics operations can require significant working capital to support transportation and day-to-day operating requirements.

Customer Dependence: Business performance can be affected by changes in freight volumes and requirements from major customers.

Economic Activity: Demand for logistics and transportation services can be influenced by broader manufacturing, trade and economic activity.

Utilisation of IPO Proceeds

The ₹44.23 crore Pooja Logistics IPO was entirely a fresh issue, with no offer-for-sale component. Therefore, the company will receive the net proceeds from the issue after accounting for issue-related expenses.

The fresh issue comprised 38,46,000 equity shares, including the market-maker reservation.

The proceeds are intended to be utilised towards the objects specified by the company in its offer documents, including its business and general corporate requirements.

Business and IPO Overview

Pooja Logistics operates in the logistics sector and provides transportation and related logistics services. Its business is focused on facilitating the movement of goods for customers through its logistics operations.

The company's operations are linked to freight transportation requirements across different customer segments. Its business model depends on transportation capabilities, operational execution and maintaining service levels for customers.

Pooja Logistics raised ₹44.23 crore through an entirely fresh issue of equity shares. The issue comprised 38,46,000 shares, including 1,98,000 shares reserved for the market maker.

The IPO had a price band of ₹109 to ₹115 per share and was open between September 23 and September 25, 2026. The issue received 2.61 times overall subscription, with the NII category subscribed 5.08 times, Individual Investors 2.85 times and QIBs 1.77 times.

Pooja Logistics shares subsequently debuted on NSE SME at ₹118 per share on September 30, 2026, representing a 2.61% premium over the ₹115 issue price.

At 10:24:52 AM IST, the shares were trading at ₹123.90, up 5% from the listing price and 7.74% above the IPO issue price. The stock had traded between ₹118 and ₹123.90 in the available market snapshot, with a VWAP of ₹119.06.