BLT Logistics IPO Subscribed 556.59x on Final Day, Marks One of the Most Oversubscribed SME Issues

BLT Logistics Limited’s initial public offering (IPO) witnessed an extraordinary surge in investor demand, closing Day 3 with an overall subscription of 556.59 times by 4:34:37 PM on August 6, 2025. Priced at ₹75 per share, the ₹9.72 crore SME IPO attracted exceptional interest across all investor categories, making it one of the most oversubscribed issues on the BSE SME platform in recent times.

The Non-Institutional Investors (NII) category led the momentum with an overwhelming 1,016.66 times subscription, followed by strong interest from individual retail investors at 629.44 times. Qualified Institutional Buyers (QIB) also demonstrated solid demand with 81.80 times subscription, while anchor investors and market makers were fully subscribed at 1.00 times.

Total applications stood at 1,01,278, reflecting intense interest across market participants, and total cumulative bid value reached ₹3,519.90 crores against the issue size of ₹9.72 crores.

Subscription Status of BLT Logistics IPO:

Here are the subscription details for BLT Logistics IPO as of Day 3 

Key Highlights - Day 3:

• Overall subscription reached a record 556.59 times, surging from 14.91 times on Day 2.
• Non-Institutional Investors posted a massive 1,016.66 times subscription, up sharply from 17.24 times on Day 2, led by high interest from both large and small HNIs.
• Individual retail investor category recorded an impressive 629.44 times subscription.
• The QIB segment rose significantly to 81.80 times from 1.04 times on Day 2, demonstrating robust institutional interest on the final bidding day.
• Total cumulative bids reached over ₹3,519.90 crores against an issue size of ₹9.72 crores.
• Total application count stood at 1,01,278, underscoring exceptional investor participation in this SME IPO.

BLT Logistics IPO – Day 2 Subscription at 14.91 Times

Key Highlights - Day 2:

• Overall subscription rose to 14.91 times from Day 1's 2.28 times.
• NII segment recorded a significant rise to 17.24 times, up from 4.18 times on Day 1.
• Retail investors reached 21.80 times, showing strong mid-day interest from individual applicants.
• QIB participation improved to 1.04 times from 0.00 times on Day 1, indicating early institutional movement.
• sNII climbed to 16.32 times, while bNII touched 17.71 times, showing active interest from both HNI categories.

BLT Logistics IPO – Day 1 Subscription at 2.28 Times

Key Highlights - Day 1:

• Overall subscription opened at 2.28 times, indicating a strong start across all investor categories for this SME IPO.
• Non-Institutional Investors led the early interest with 4.18 times subscription. 
• Retail investor participation stood at 2.77 times, indicating early confidence from individual applicants despite the larger lot size.
• Qualified Institutional Buyers did not participate on Day 1, as often seen in SME IPOs, where QIB demand builds closer to the final day.
• The employee quota is not applicable in this issue, and anchor and market maker portions were fully subscribed ahead of the IPO launch.

About BLT Logistics Limited

Incorporated in 2011, BLT Logistics Limited is engaged in the business of surface transportation and warehousing services for various industries across India. The company provides end-to-end B2B logistics solutions through containerised trucks, operating both directly and via third-party logistics partners and fleet owners.