Pooja Logistics SME IPO is an upcoming SME public issue scheduled to open on September 23, 2026, and close on September 25, 2026. The company provides temperature-controlled logistics services for transporting perishable goods across India through refrigerated trucks. The IPO is proposed to be listed on NSE SME.
Pooja Logistics SME IPO – Key Details
| Particular | Details |
|---|---|
| Company Name | Pooja Logistics Limited |
| IPO Type | SME IPO |
| IPO Open Date | September 23, 2026 |
| IPO Close Date | September 25, 2026 |
| Price Band | ₹109 – ₹115 per share |
| Issue Size | ₹44.23 Crore |
| Fresh Issue | 38.46 lakh shares |
| Lot Size | 1,200 shares |
| Minimum Retail Application | 2 Lots / 2,400 Shares |
| Minimum Investment | ₹2,76,000 at ₹115 |
| Listing Exchange | NSE SME |
| Allotment Date | September 28, 2026 |
| Tentative Listing Date | September 30, 2026 |
| Lead Manager | Share India Capital Services Pvt. Ltd. |
| Registrar | Maashitla Securities Pvt. Ltd. |
The IPO comprises 38.46 lakh fresh equity shares and is expected to raise up to ₹44.23 crore at the upper price band.
Pooja Logistics Subscription Status
Lot Size & Investment
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| INDIVIDUAL | 2 | 2400 | 276000 | 525 |
| sHNI | 3 | 3600 | 414000 | 50 |
| bHNI | 8 | 9600 | 1104000 | 100 |
Share Reservation
| Category | Shares Offered | % |
|---|---|---|
| Total | 3846000 | 100% |
| Anchor | 1062000 | 27.61% |
| QIB | 714000 | 18.56% |
| HNI | 540000 | 14.04% |
| INDIVIDUAL | 1260000 | 32.76% |
| Market Maker | 198000 | 5.15% |
| Employee | 72000 | 1.87% |
About the Company
IPO Details
| Total Issue Size | 38,46,000 shares (aggregating up to ₹44.23 Cr) |
| Fresh Issue | 38,46,000 shares (aggregating up to ₹44.23 Cr) |
| Face Value | ₹10/- Per Share |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,04,38,000 shares |
| Share Holding Post Issue | 1,42,84,000 shares |
| Reserved for Market Maker | 1,98,000 shares (aggregating up to ₹2.27 Cr) |
| Market Maker | Share India Securities Limited’ and Prabhat Financial Services Limited |
Key Performance Indicators (KPI)
| KPI | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| RONW | 36.21% | 54.20% | 47.92% |
| ROCE | 20.89% | 27.17% | 18.79% |
| EPS (BASIC) | 12.00 | 11.02 | 5.73 |
| P/E Pre IPO | 9.58 | ||
| P/E Post IPO |
Company Financial (In ₹Crore)
| Period Ended | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 98.13 | 70.06 | 59.78 |
| Total Income | 167.76 | 150.49 | 125.14 |
| Profit After Tax | 12.33 | 11.02 | 5.73 |
| EBITDA | 27.03 | 23.09 | 19.13 |
| NET Worth | 42.30 | 25.85 | 14.83 |
| Reserves and Surplus | 31.86 | 15.85 | 14.73 |
| Total Borrowing | 39.21 | 29.01 | 31.03 |
Peer Comparison (Valuation)
| Company | P/E (x) | CMP*(₹) | Face value (₹) |
|---|---|---|---|
| Pooja Logistics Limited | 9.58 | 115.00 | 10.00 |
| AVG Logistics Limited | 11.93 | 169.21 | 10.00 |
| Premier Roadlines Limited | 6.94 | 44.35 | 10.00 |
SOURCE:RHP,All the financial information for listed industry peer is on a consolidated basis and is sourced from the financial information of such listed industry peer available on the website of the stock exchange i.e. NSE/annual report, as of and for year ended March 31, 2026. we have shown the P/E ratio of the IPO issuer company based on the pre-IPO valuation, and the CMP has been represented by the IPO issue price (upper price band).
Peer Comparison (Financial Performance)
| Company | NAV/Share (₹) | RoNW (%) | EPS (Basic) (₹) |
|---|---|---|---|
| Pooja Logistics Limited | 41.14 | 36.21 | 12.00 |
| AVG Logistics Limited | 180.09 | 10.11 | 17.38 |
| Premier Roadlines Limited | 45.00 | 14.34 | 6..02 |
About Company
Pooja Logistics Limited was originally incorporated as Pooja Logistics Private Limited on December 09, 2011 under the Companies Act, 1956. Pursuant to a special resolution passed on August 05, 2024, the Company was converted into a public limited company and renamed Pooja Logistics Limited, with a fresh certificate of incorporation issued on November 18, 2024.
The Company provides temperature-controlled logistics services for transporting perishable goods across India through refrigerated trucks (reefers). Since 2011, it has served industries including confectionery, dairy, QSRs, pharmaceuticals and e-commerce. As of the DRHP date, its in-house fleet comprises 364+ GPS-enabled vehicles, and during Fiscal 2025, it transported over 1,00,000 metric tons of goods per month across India.
The Company operates with vehicles of different sizes and capacities and generally follows a trip-to-trip model based on customer requirements. Its operations are supported by employees and agents and technology-enabled systems covering order scheduling, GPS tracking through “Geo Trackers,” vehicle movement and temperature monitoring, and driver and truck management.
The Company has obtained FSSAI certifications for facilitating the delivery of perishable goods and intends to expand its certifications in line with customer and regulatory requirements.
Strengths
Owned Refrigerated Vehicle Fleet: Owns and operates 357+ GPS-enabled refrigerated vehicles with 5–20 tonne capacity, supporting frozen and chilled transportation of pharmaceuticals, dairy, confectionery, QSR supplies and e-commerce consignments.
Experienced Promoter & Stable Operations: Has 14 years of experience in temperature-controlled logistics, supported by Promoter Mr. Deepak Khanna’s 14+ years of industry experience and an experienced team.
Long-Standing Customer Relationships: Maintains long-term relationships with diverse domestic customers, supporting recurring demand and expansion of its temperature-controlled logistics services.
Risk Factors
Customer & Industry Concentration: Dependence on a limited number of key customers, particularly in the FMCG industry, exposes the Company to customer concentration and industry performance risks.
Geographical Concentration: Operations and turnover are concentrated in certain geographical regions, so adverse developments in these areas could negatively affect revenue and results of operations.
Rising Operating Costs: Increases in fuel, toll, hire and refrigeration-related costs may adversely affect profitability if the Company is unable to pass these costs on to customers. Fuel prices are also affected by crude oil prices, supply-demand conditions, geopolitics and government policies.
Pooja Logistics IPO Price Band
The IPO price band has been fixed at ₹109 to ₹115 per share.
At the upper price band:
1,200 × ₹115 = ₹1,38,000
However, according to the published SME application structure, individual investors need to apply for 2 lots, or 2,400 shares.
2,400 × ₹115 = ₹2,76,000
Pooja Logistics IPO Lot Size
The lot size is 1,200 shares, with applications available in multiples of 1,200 shares.
| Investor Category | Lots | Shares | Amount at ₹115 |
|---|---|---|---|
| Individual Minimum | 2 | 2,400 | ₹2,76,000 |
| S-HNI Minimum | 3 | 3,600 | ₹4,14,000 |
| B-HNI Minimum | 8 | 9,600 | ₹11,04,000 |
The exact category-wise requirements should be checked against the final basis of allotment and exchange documents.
Pooja Logistics IPO GMP Today
As of September 22, 2026, IPO Watch reports that the Pooja Logistics IPO GMP has not started / is not available. GMP is an unofficial grey-market indicator and can change before listing. It is not an official NSE or BSE price and does not guarantee listing performance.
Pooja Logistics IPO Objectives
The fresh issue proceeds are proposed to be used for:
- Purchase of vehicles/goods carriages
- Public issue-related expenses
- General corporate purposes
These objects are reported in the issue synopsis and IPO documents.
Pooja Logistics IPO Important Dates
| Event | Date |
|---|---|
| IPO Opens | September 23, 2026 |
| IPO Closes | September 25, 2026 |
| Allotment | September 28, 2026 |
| Refund/Unblocking | September 29, 2026 |
| Demat Credit | September 29, 2026 |
| Listing | September 30, 2026 |
The schedule is currently tentative and may be revised by the exchange or registrar.
Pooja Logistics IPO – What Investors Should Check
Before applying, investors should review:
- Company revenue and profit
- Cold-chain logistics industry
- Fleet size and utilisation
- Customer concentration
- Debt and financial position
- IPO valuation
- Use of IPO proceeds
- Promoter background
- Latest subscription figures
- Latest GMP, if available
- Risk factors mentioned in the RHP
For an SME IPO, investors should also consider the applicable trading and liquidity characteristics of SME-listed shares.
Pooja Logistics SME IPO FAQ
What is Pooja Logistics IPO?
Pooja Logistics IPO is an upcoming NSE SME book-building IPO of approximately ₹44.23 crore.
What is the Pooja Logistics IPO date?
The IPO opens on September 23, 2026 and closes on September 25, 2026.
What is the Pooja Logistics IPO price?
The price band is ₹109 to ₹115 per share.
What is the Pooja Logistics IPO lot size?
The lot size is 1,200 shares.
What is the minimum investment?
For an individual investor, the reported minimum application is 2 lots, or 2,400 shares, requiring ₹2,76,000 at the upper price band of ₹115.
What is Pooja Logistics IPO GMP today?
As of September 22, 2026, GMP is not available / has not started according to IPO Watch.
Where will Pooja Logistics shares be listed?
The shares are proposed to be listed on the NSE SME platform.
When is Pooja Logistics IPO allotment?
The tentative allotment date is September 28, 2026.
When will Pooja Logistics shares list?
The tentative listing date is September 30, 2026.
Conclusion
Pooja Logistics SME IPO 2026 is a ₹44.23 crore fresh issue with a price band of ₹109–₹115 per share and a lot size of 1,200 shares. The company operates in temperature-controlled logistics and transports perishable goods across India. Investors should review the RHP, financial statements, valuation, IPO objectives and risk factors before making an investment decision.