The BLT Logistics IPO represents a book building effort amounting to ₹9.72 crores. This issue consists entirely of a fresh issuance of 12.96 lakh shares.
The subscription period for the BLT Logistics IPO commences on August 4, 2025, and concludes on August 6, 2025. The allotment for this IPO is anticipated to be finalized on Thursday, August 7, 2025. Furthermore, the BLT Logistics IPO is scheduled to be listed on BSE SME, with a provisional listing date set for Monday, August 11, 2025.
The price band for the BLT Logistics IPO is established between ₹71 and ₹75 per share. The application lot size is 1,600 shares. An individual retail investor is required to make a minimum investment of ₹2,27,200, which corresponds to 3,200 shares. For high net worth individuals (HNI), the minimum investment involves 3 lots (4,800 shares), totaling ₹3,60,000.
Beeline Capital Advisors Pvt Ltd serves as the book-running lead manager for the BLT Logistics IPO, while Skyline Financial Services Private Ltd acts as the registrar for the issue. The market maker for the BLT Logistics IPO is Spread X Securities Private Limited.
BLT Logistics IPO Details
| IPO Date | August 4, 2025 to August 6, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | ₹71 to ₹75 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 12,96,000 shares (aggregating up to ₹9.72 Cr) |
| Reserved for Market Maker | 94,400 shares Spread X Securities Private Limited |
| Net Offered to Public | 12,01,600 shares (aggregating up to ₹9.01 Cr) |
| Issue Type | book building IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 35,00,000 shares |
| Share Holding Post Issue | 47,96,000 shares |
BLT Logistics IPO Reservation
BLT Logistics IPO offers total 12,96,000 shares. Out of which 5,98,400 (46.17%) allocated to QIB, 2,40,000 (18.52%) allocated to QIB (Ex- Anchor), 1,80,800 (13.95%) allocated to NII, 4,22,400 (32.59%) allocated to RII and 3,58,400 (27.65%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 94,400 (7.28%) |
| QIB Shares Offered | 5,98,400 (46.17%) |
| NII (HNI) Shares Offered | 1,80,800 (13.95%) |
| Retail Shares Offered | 4,22,400 (32.59%) |
| Total Shares Offered | 12,96,000 (100.00%) |
BLT Logistics IPO Timeline (Tentative Schedule)
BLT Logistics IPO opens on August 4, 2025, and closes on August 6, 2025.
| IPO Open Date | Mon, Aug 4, 2025 |
| IPO Close Date | Wed, Aug 6, 2025 |
| Tentative Allotment | Thu, Aug 7, 2025 |
| Initiation of Refunds | Fri, Aug 8, 2025 |
| Credit of Shares to Demat | Fri, Aug 8, 2025 |
| Tentative Listing Date | Mon, Aug 11, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 6, 2025 |
BLT Logistics IPO Lot Size
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3,200 | ₹2,40,000 |
| Individual investors (Retail) (Max) | 2 | 3,200 | ₹2,40,000 |
| S-HNI (Min) | 3 | 4,800 | ₹3,60,000 |
| S-HNI (Max) | 8 | 12,800 | ₹9,60,000 |
| B-HNI (Min) | 9 | 14,400 | ₹10,80,000 |
BLT Logistics IPO Promoter Holding
Krishan Kumar and Rakesh Kumar are the promoters of the company.
| Share Holding Pre Issue | 99.95% |
| Share Holding Post Issue | 72.94% |
BLT Logistics IPO Anchor Investors Details
BLT Logistics IPO raises ₹2.69 crore from anchor investors. BLT Logistics IPO Anchor bid date is August 1, 2025.
| Bid Date | August 1, 2025 |
| Shares Offered | 3,58,400 |
| Anchor Portion Size (In Cr.) | 2.69 |
| Anchor lock-in period end date for 50% shares (30 Days) | September 10, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | November 9, 2025 |
Company Financials
BLT Logistics Ltd.'s revenue increased by 21% and profit after tax (PAT) rose by 25% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
| Assets | 26.27 | 21.32 |
| Revenue | 49.43 | 40.73 |
| Profit After Tax | 5.27 | 4.21 |
| EBITDA | 9.56 | 8.48 |
| Net Worth | 8.78 | 4.94 |
| Reserves and Surplus | 5.30 | 1.46 |
| Total Borrowing | 13.65 | 12.02 |
| Amount in ₹ Crore | ||
Key Performance Indicator (KPI)
The market capitalization of BLT Logistics IPO is ₹35.97 Cr.
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | -30.88% |
| ROCE | 22.34% |
| Debt/Equity | 1.55 |
| RoNW | 43.73 |
| EBITDA Margin | 19.44% |
| Price to Book Value | 2.99 |
About BLT Logistics Ltd.
Established in 2011, BLT Logistics Limited specializes in the surface transportation of goods using containerized trucks, as well as providing warehousing services to a variety of industries and businesses.
The logistics operations of the company are bolstered by its fleet, Sabarmati Express India Private Limited, along with third-party operators, which supply essential transportation resources such as containerized trucks from small fleet owners and agents.
As of March 31, 2024, the company possesses an operational fleet comprising 90 vehicles (ranging from 3.5MT to 18MT) and 15 vehicles (9MT) as part of its 99.99% subsidiary, Sabarmati.
Services:
Transportation & Allied Services: The company provides B2B transportation solutions, including FTL, LTL, packing, moving, and project cargo transportation, leveraging a varied fleet and advanced technology to deliver efficient, secure, and cost-effective logistics solutions.
Warehousing Services: In 2023, the company broadened its offerings to include warehousing services across three strategically positioned leased facilities, catering to sectors such as electronics, retail, food, and multinational corporations, with comprehensive inventory reporting through MIS.
As of March 31, 2024, the company employs 37 individuals.
Competitive Strengths:
- Established business with a proven track record
- Strong relationships with a diverse customer base
- Extensive range of logistics services and solutions
- In-depth knowledge and experience of our promoters