BLT Logistics IPO
- Status: Closed
- ₹ 227,200 / 3200
shares
Minimum Investment
BLT Logistics IPO Details
-
Open Date
04 Aug 2025
-
Close Date
06 Aug 2025
-
Listing Date
11 Aug 2025
- IPO Price Range
₹ 71 to ₹75
- IPO Size
₹ 9.01 Cr
- Listing Exchange
BSE SME
BLT Logistics IPO Timeline
BLT Logistics IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 04-Aug-25 | 0.00 | 4.18 | 2.77 | 2.28 |
| 05-Aug-25 | 1.04 | 17.24 | 21.80 | 14.91 |
| 06-Aug-25 | 81.80 | 1,017.63 | 637.20 | 560.69 |
Last Updated: 06 August 2025 6:25 PM by 5paisa
BLT Logistics Ltd, launching a ₹9.01 crore IPO. The company provides B2B surface transportation and warehousing services. Backed by its fleet and subsidiary Sabarmati Express India, it operates 105 vehicles and partners with small fleet owners. Services include FTL, LTL, packing, moving, and project cargo. Since 2023, it also offers warehousing across three leased sites, serving industries like electronics, retail, and food with MIS-enabled inventory tracking.
Established in: 2011
Managing Director: Mr. Krishan Kumar
Peers
Premier Roadlines Limited
Coastal Roadways Limited
BLT Logistics Objectives
1. The company intends to utilise part of the IPO proceeds to fund capital expenditure for the purchase of trucks and related ancillary equipment.
2. A portion of the funds will be used to meet the working capital requirements of the company.
3. The remaining proceeds will be allocated towards general corporate purposes.
BLT Logistics IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹9.01 Cr |
| Offer For Sale | - |
| Fresh Issue | ₹9.01 Cr |
BLT Logistics IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹227,200 |
| Retail (Max) | 2 | 3,200 | ₹227,200 |
| S-HNI (Min) | 3 | 4,800 | ₹340,800 |
| S-HNI (Max) | 8 | 12,800 | ₹908,800 |
| B-HNI (Min) | 9 | 14,400 | ₹1,022,400 |
BLT Logistics IPO Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB | 81.80 | 2,40,000 | 1,96,32,000 | 147.24 |
| NII (HNI) | 1,017.63 | 1,80,800 | 18,39,87,200 | 1,379.90 |
| Individual Investors (IND category bidding for 2 Lots) | 637.20 | 4,22,400 | 26,91,52,000 | 2,018.64 |
| Total | 560.69 | 8,43,200 | 47,27,71,200 | 3,545.78 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (in Rs. Crores) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 31.03 | 39.71 | 47.92 |
| EBITDA | 3.99 | 6.57 | 7.60 |
| PAT | 1.35 | 2.65 | 3.00 |
| Particulars (in Rs. Crores) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Total Assets | 12.76 | 19.41 | 24.75 |
| Share Capital | 0.10 | 3.50 | 3.50 |
| Total Borrowings | 7.28 | 9.53 | 12.09 |
| Particulars (in Rs. Crores) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net Cash Generated From / (used in) operating activities | 3.53 | 3.41 | 3.41 |
| Net Cash Generated From / (used in) investing activities | -1.64 | -5.13 | -4.09 |
| Net Cash Generated From / (used in) financing activities | -2.03 | 1.72 | 1.78 |
| Net Increase (Decrease) In Cash And Cash Equivalents | -0.15 | - | -0.03 |
Strengths
1. Established track record and consistent business operations over the years.
2. Strong client relationships across various industries.
3. Offers end-to-end logistics, warehousing, and project cargo solutions.
4. Promoters have extensive sectoral knowledge and operational expertise.
Weaknesses
1. Limited network of owned warehouses and hubs.
2. Inadequate funds to scale up fleet through market vehicle hiring.
3. No current operations in international logistics markets.
4. Dependency on third-party fleet operators for service continuity.
Opportunities
1. Scope to expand into 3PL and 4PL warehousing services.
2. Entry into freight forwarding and customs clearance segments.
3. Potential to offer air cargo services to new sectors.
4. Room for growth in cold chain logistics and new regions.
Threats
1. Urban traffic and parking issues hinder timely last-mile delivery.
2. Rising fuel prices impact operating margins.
3. Driver shortage and unsafe road conditions affect fleet reliability.
4. Complex and evolving regulatory environment increases compliance risk.
1. Steady revenue growth from ₹31.03 Cr in FY23 to ₹47.92 Cr in FY25.
2. Expansion into warehousing since 2023 enhances service capabilities and client retention.
3. IPO funds to boost fleet size and working capital, enabling operational scale-up.
4. Plays in India's growing logistics sector driven by 3PL, warehousing, and infra upgrades.
1. Logistics contributes ~14% of India’s GDP, above global average.
2. National Logistics Policy, Gati Shakti, Sagarmala and Bharatmala drive infrastructure upgrades.
3. Expansion into Tier‑II/III cities offers substantial untapped logistics markets.
4. 3PL/4PL demand rising across retail, pharma, manufacturing sectors.
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FAQs
BLT Logistics IPO opens from August 4, 2025 to August 6, 2025.
The size of BLT Logistics IPO is ₹9.01 Cr
The price band of BLT Logistics IPO is ₹71 to ₹75 per share.
To apply for BLT Logistics IPO, follow the steps given below:
1. Login to your 5paisa account and select the issue in the current IPO section.
2. Enter the number of lots and the price at which you wish to apply for the BLT Logistics IPO.
3. Enter your UPI ID and click on submit. You will receive a mandate notification to block funds in your UPI app.
4. On approving the mandate, your bid will be placed with the exchange.
The minimum lot size of BLT Logistics IPO is 2 lots of 3,200 shares and the investment required is ₹227,200.
The share allotment date of BLT Logistics IPO is August 7, 2025
The BLT Logistics IPO will likely be listed on August 11, 2025.
Beeline Capital Advisors Private Limited is the book running lead manager for BLT Logistics IPO.
1. The company intends to utilise part of the IPO proceeds to fund capital expenditure for the purchase of trucks and related ancillary equipment.
2. A portion of the funds will be used to meet the working capital requirements of the company.
3. The remaining proceeds will be allocated towards general corporate purposes
BLT Logistics Contact Details
BLT Logistics Ltd.
Plot No 304,
A/2 Kh 14/20/1 F/F,
Patel Garden, Kakrola, South West Delhi,
West Delhi, New Delhi, 110078
Phone: +91 11 3545 4842
Email: cs@bltlogistics.com
BLT Logistics IPO Register
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
BLT Logistics IPO Lead Manager
Beeline Capital Advisors Pvt Ltd