Pooja Logistics IPO
IPO Listing Details
- Listing Date
30 Sep 2026
- Listing Price
₹ 118.00
- Listing Change
2.61%
- Last Traded Price
₹ 123.90
Pooja Logistics IPO Details
-
Open Date
23 Sep 2026
-
Close Date
25 Sep 2026
- IPO Price Range
₹ 109 to ₹115
- IPO Size
₹ 44.23 Cr
Pooja Logistics IPO Timeline
Pooja Logistics IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 23-Sep-2026 | 0.00 | 0.26 | 0.57 | 0.34 |
| 24-Sep-2026 | 0.00 | 0.06 | 0.76 | 0.39 |
| 25-Sep-2026 | 2.50 | 4.87 | 2.86 | 3.11 |
Last Updated: 25 September 2026 6:44 PM by 5paisa
Pooja Logistics Limited provides temperature-controlled logistics services for transporting perishable and temperature-sensitive goods across India through refrigerated trucks, commonly known as reefers. Its customers span segments such as confectionery and bakery, dairy and dairy products, quick-service restaurants, pharmaceuticals and healthcare, e-commerce and retail.
As of 31 August 2025, the company operated an in-house fleet of more than 357 GPS-enabled refrigerated vehicles. Its fleet includes vehicles with different payload capacities and temperature configurations to handle both frozen and chilled products. Technology-enabled processes support order scheduling, GPS tracking, vehicle and driver management, movement reporting and temperature monitoring.
Pooja Logistics follows primarily a trip-to-trip logistics model and has built a geographic presence across more than 26 states. Ownership of a substantial portion of its vehicle fleet gives the company greater control over scheduling, vehicle availability and service execution.
Established in: 2011
Managing Director: Deepak Khanna
Peers:
AVG Logistics Limited
Premier Roadlines Limited
Pooja Logistics Objectives
The Net Proceeds from the fresh issue are proposed to be used for:
1. Funding capital expenditure requirements towards the purchase of vehicles or goods carriages
2. General corporate purposes
Pooja Logistics IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹44.23 Cr |
| Offer For Sale | - |
| Fresh Issue | ₹44.23 Cr |
Pooja Logistics IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2400 | ₹261600 |
| Retail (Max) | 2 | 2400 | ₹276000 |
| S-HNI (Min) | 3 | 3600 | ₹392400 |
| S-HNI (Max) | 7 | 8400 | ₹966000 |
| B-HNI (Min) | 8 | 9600 | ₹1046400 |
| Employee (Min) | 2 | 2,400 | ₹261600 |
| Employee (Max) | 1 | 1200 | ₹138000 |
Pooja Logistics IPO Reservation
| Investors Category | Subscription (times) | Shares Offered* | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB (Ex Anchor) | 2.50 | 7,14,000 | 17,85,600 | 20.534 |
| Non-Institutional Buyers | 4.87 | 5,40,000 | 26,28,000 | 30.222 |
| bNII | 5.13 | 3,60,000 | 18,46,800 | 21.238 |
| sNII | 4.34 | 1,80,000 | 7,81,200 | 8.984 |
| Retail | 2.86 | 12,60,000 | 36,00,000 | 41.400 |
| Total** | 3.11 | 25,86,000 | 80,48,400 | 92.557 |
*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 ₹ Crores) | FY24 | FY25 |
| Revenue | 123.75 | 148.77 |
| EBITDA | 20.50 | 24.79 |
| PAT | 5.73 | 11.02 |
| Particulars (In ₹ Crores) | FY24 | FY25 |
| Total Assets | 59.78 | 70.05 |
| Share Capital | 0.10 | 10.00 |
| Total Liabilities | 44.96 | 44.21 |
| Particulars (In ₹Crores.) | FY24 | FY25 |
| Net Cash Generated From / (used in) Operating Activities | 13.08 | 13.93 |
| Net Cash Generated From / (used in) Investing Activities | (15.85) | (4.82) |
| Net Cash Generated From / (used in) Financing Activities | (0.30) | (4.11) |
| Net Increase (Decrease) in Cash and Cash Equivalents | (3.08) | 5.00 |
Strengths
1. Pooja Logistics operates an in-house fleet of more than 357 GPS-enabled refrigerated vehicles, providing greater control over vehicle availability, scheduling and service execution.
2. Its fleet serves multiple temperature-sensitive segments, including dairy, confectionery, QSRs, pharmaceuticals, healthcare and e-commerce.
3. The company has developed a broad geographic presence, with services extending across more than 26 states.
4. Technology-enabled systems support GPS tracking, temperature monitoring, order scheduling and vehicle and driver management.
5. Revenue increased by about 20.22% between FY24 and FY25, while PAT rose from ₹5.73 crore to ₹11.02 crore.
Weaknesses
1. Refrigerated logistics is capital intensive because the company must invest in vehicles, refrigeration equipment and ongoing fleet maintenance.
2. A large owned fleet results in fixed operating costs even during periods of lower vehicle utilisation.
3. The business depends on uninterrupted functioning of refrigeration systems; equipment failure can affect the condition of temperature-sensitive consignments.
4. Transportation operations expose the company to accidents, vehicle breakdowns and potential claims relating to damage or loss of goods.
5. The company continues to use third-party vendors for certain operational requirements, creating dependence on their availability and service quality.
Opportunities
1. The proposed deployment of approximately ₹33.98 crore towards additional vehicles can expand the company's transportation capacity.
2. Increasing organised distribution of dairy, frozen foods, confectionery, QSR products and other perishables can support demand for refrigerated transport.
3. Pharmaceutical and healthcare supply chains require controlled transportation conditions, providing an additional addressable segment for temperature-controlled logistics.
4. Expansion of organised retail and e-commerce can increase the requirement for reliable cold-chain movement across cities and states.
5. Greater use of GPS, temperature monitoring and fleet-management technology can improve visibility and operating efficiency across the logistics network.
Threats
1. Volatility in fuel prices can increase transportation costs and affect operating margins if these costs cannot be passed on to customers.
2. Competition from organised logistics companies, regional fleet operators and specialised cold-chain providers can affect pricing and customer retention.
3. Changes in regulations covering transportation, food safety, pharmaceuticals, vehicles or emissions may increase compliance requirements.
4. Accidents, temperature excursions, delays or damage to perishable goods could result in customer claims and reputational impact.
5. Slowdowns or supply-chain disruptions in major customer industries such as FMCG, food processing, pharmaceuticals and retail could affect transportation volumes.
1. Revenue from operations increased from ₹123.75 crore in FY24 to ₹148.77 crore in FY25, while PAT increased from ₹5.73 crore to ₹11.02 crore.
2. The company has an in-house fleet of more than 357 GPS-enabled refrigerated vehicles designed for temperature-sensitive transportation.
3. Its operations span more than 26 states and serve multiple end-user segments, including dairy, QSRs, confectionery, pharmaceuticals and e-commerce.
4. The IPO is entirely a fresh issue, with approximately ₹33.98 crore proposed to be deployed towards purchasing additional vehicles.
5. Operating cash flow remained positive in both FY24 and FY25, while the debt-to-equity ratio declined from 1.29 times to 0.69 times.
Temperature-controlled logistics supports industries where products must remain within defined temperature ranges throughout transportation, including dairy, frozen foods, confectionery, QSRs, pharmaceuticals and healthcare. Demand for these services is linked to the expansion of organised food distribution, processed and frozen products, modern retail, e-commerce and temperature-sensitive healthcare supply chains.
The segment is operationally intensive because refrigerated vehicles require specialised equipment, regular maintenance, fuel, temperature-control systems and reliable route execution. Technology such as GPS tracking and real-time temperature monitoring is also becoming increasingly important for traceability and service management.
Pooja Logistics participates in this market with an owned fleet of more than 357 GPS-enabled refrigerated vehicles and a presence across more than 26 states. The proposed use of approximately ₹33.98 crore from the fresh issue for additional vehicles is intended to increase fleet capacity. The company's ability to benefit from industry growth will also depend on fleet utilisation, cost management, customer retention and disciplined expansion.
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FAQs
Pooja Logistics IPO opens on 23 September 2026 and closes on 25 September 2026.
The size of the Pooja Logistics IPO is approximately ₹44.23 crore.
The price band of Pooja Logistics IPO is fixed at ₹109 to ₹115 per share.
1. Login to your 5paisa demat 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 Pooja Logistics IPO.
3. Enter your UPI ID and click on submit. Your bid will then be placed with the exchange.
4. You will receive a mandate notification to block funds in your UPI app.
The minimum application is two lots, equivalent to 2,400 shares. At the floor price of ₹109 per share, the minimum investment is ₹2,61,600.
The basis of allotment for the Pooja Logistics IPO is expected to be finalised on 28 September 2026.
The Pooja Logistics IPO is tentatively scheduled to list on the NSE SME / NSE Emerge platform on 30 September 2026.
Share India Capital Services Private Limited is the book-running lead manager to the Pooja Logistics IPO.
The fresh-issue proceeds are proposed to be used for:
1. Funding capital expenditure requirements towards the purchase of vehicles or goods carriages
2. General corporate purposes