Friday, Aug 01, 2025 17:08:33 –New Delhi [India], August 1: BLT Logistics Limited, engaged in providing surface transportation of goods in containerized trucks and warehousing services to various industries and businesses. As on FY25, the company owned operational fleet of 106 vehicles having capacity ranging from 3.5MT to 18MT and another 15 vehicles as part of the fleet of the companyโs 99.99% subsidiary, Sabarmati, having capacity of 9MT. The company serves B2B customers which require transporting bulk quantities of their goods from one place to another within India. BLT proposes to open its Initial Public Offering on Monday 4th August, 2025 aiming to raise โน 9.72 Crore (At Upper Price Band), with shares to be listed on the BSE SME platform.
Total Fresh Issue Size โ 12,96,000 Equity shares of โน 10 each
- IPO Size – โน 9.72 Crore (At Upper Band)
- Price Band – โน 71 – โน 75 Per Share
- Lot Size – 1600 Equity Shares
The issue size is 12,96,000 equity shares at a face value of โน 10 each with a price band of โน 71 – โน 75 per Share.
Equity Share Allocation
- Anchor Investors Portion โ Not more than 3,58,400 Equity Shares
- Net Qualified Institutional Buyers โ Not more than 2,40,000 Equity Shares
- Non-Institutional Investors – Not less than 1,80,800 Equity Shares
- Retail Individual Investors – Not less than 4,22,400 Equity Shares
- Market Maker – 94,400 Equity Shares
The net proceeds from the ipo will be utilized for funding Capital expenditure requirement of the company towards purchase of Trucks (โVehiclesโ) and ancillary equipment (โEquipmentโ), To meet the companyโs working capital needs and general corporate purposes.
The anchor portion will open on 1st August, 2025 and public issue will close on 6th August, 2025.
The Book Running lead manager for the Issue is Beeline Capital Advisors Private Limited, and Skyline Financial Services Private Limited is the registrar to the issue.
.Mr. Krishan Kumar, Chairman and Managing Director, BLT Logistics Limited, stated, โThis IPO marks a pivotal moment in our journey. With increased capital, we aim to strengthen our operations and expands market reach.
