Issue Price
₹75
Per Share
GMP
NIL
Grey Market
Est. Listing
₹75
Expected Price
Min. Application
₹240,000
2 lots × 1600 shares
Incorporated in 2011, BLT Logistics Limited is engaged in providing surface transportation of goods in containerized trucks and warehousing services to various industries and businesses.The company's logistics operations are supported by its fleet, Sabarmati Express India Private Limited, and third-party operators, providing necessary transportation facilities like containerised trucks from small fleet owners and agents.As of March 31, 2024, the company owns an operational fleet of 90 vehicles (3.5MT to 18MT) and 15 vehicles (9MT) as part of its 99.99% subsidiary, Sabarmati.Services:Transportation & Allied Services: The company offers B2B transportation services, including FTL, LTL, packing, moving, and project cargo transportation, utilizing a diverse fleet and advanced technology for efficient, secure, and cost-effective logistics solutions.Warehousing Services: In 2023, the company expanded to offer warehousing services across three strategically located leased facilities, serving industries like electronics, retail, food, and MNCs, with detailed inventory reporting via MISAs of March 31, 2024, the company has 37 employees.Competitive Strengths:Long-standing business and track recordStrong relationship with diverse customer baseWide range of logistics services and solutionsStrong knowledge and experience of our promoters
BLT Logistics Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 94,400 | — | ₹0.71 Cr | — |
| TOTAL | 1,296,000 | 100.00% | ₹9.72 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹120,000 |
| Retail (Max) | 13 | 20,800 | ₹1,560,000 |
| sNII (Min) | 14 | 22,400 | ₹1,680,000 |
| bNII (Min) | 68 | 108,800 | ₹8,160,000 |
| Particulars | 31 Mar 2025 | 31 Mar 2024 | FY 2022-23 |
|---|---|---|---|
| Revenue from Operations | 49.43 | 40.73 | N/A |
| EBITDA | 9.56 | 8.48 | N/A |
| Profit After Tax (PAT) | 3.84 | 3.13 | N/A |
| Net Worth | 8.78 | 4.94 | N/A |
| Total Assets | 26.27 | 21.32 | N/A |
| Reserves & Surplus | 5.30 | 1.46 | N/A |
| Total Borrowings | 13.65 | 12.02 | N/A |