Essex Marine Limited IPO...
02 Aug, 2025
BLT Logistics Limited IPO
shares priced between ₹71 to ₹75 per share. Subscription for the issue will open on 4th August, 2025 and will be closed by 6th August, 2025. The IPO allotment is expected to be determined by 7th August, 2025, with the listing on BSE SME expected by 11th August, 2025. A retail investor can apply for a minimum of 3,200 shares worth ₹2,27,200 and HNIs can apply for 4,800 shares worth ₹3,60,000.
Company Background
BLT Logistics was incorporated in the year 2011 and the company’s headquarters is located in Delhi. BLT provides specialized logistics, transportation, supply chain and warehousing services to a wide range of clients. The company is home to approximately 200 employees focused on providing customer satisfaction, helping to increase the brand's credibility. The company provides services to various corporate clients through its transportation of goods in containerized trucks and warehousing solutions.
Operations & Product Range
Facility and Services
BLT operates a 14,000 square feet facility in Gurugram, a 5000 square feet facility in Thane and a 13,300 square feet facility in Hobli. The company owns 106 vehicles in addition to that, BLT’s subsidiary, Sabarmati Express, also owns 15 more vehicles. BLT primarily caters to B2B clients across textile, FMCG and consumer durable sectors. Their strategic warehouse locations at multiple locations enable the BLT to provide its services with efficacy.
Brand and Market Presence
The company functions with a strong focus on customer satisfaction and it caters to more than 200 clients. Some of the company’s clients are popular brands such as Blue Star, Panasonic, Havells, Reliance Brands Limited, VIP, Bajaj Electricals Limited and Mr. DIY. The corporation is well known for its extensive reach, sizable fleet, competitive pricing and customized services for various industry requirements.
Revenue Channels
BLT generates its primary revenue from transportation of goods using containerized trucks, packers & movers operations, warehouse services, project cargo handling, car carrier services and e-commerce logistics. The company’s revenue of ₹40.04 crores in FY24 witnessed a growth to ₹49.16 crores as recorded in FY25, registering a growth of approximately 23%.
Management & Shareholding
Promoters and Shareholders
The BLT Logistics Limited IPO is promoted by Mr. Krishan Kumar and Mr. Rakesh Kumar, who currently have about 99.95% stake in the company. Their current percentage of shareholding in the company is expected to be diluted to 72.94% after their IPO listing on 4th August.
Board Members
The board group of the company comprises various members with managerial expertise, such as Mr. Krishan Kumar, who is the Managing Director as well as Chairman of the company; Mr. Rakesh Kumar, the company’s Whole-Time Director and Ms. Rajni Sharma, who is the Independent Director at BLT.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
BLT Logistics Limited IPO
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
BLT Logistics Limited IPO Details
| Detail | Description |
|---|---|
| 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 (aggregating up to ₹0.7080 Cr) Spread X Securities Private Limited |
| Net Offered to Public | 12,01,600 shares (aggregating up to ₹9.01 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 35,00,000 shares |
| Share Holding Post Issue | 47,96,000 shares |
BLT Logistics Limited IPO Timeline
| Detail | Description |
|---|---|
| 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 Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3,200.00 | ₹2,40,000 |
| Individual investors (Retail) (Max) | 2 | 3,200.00 | ₹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 Limited IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Share Holding Pre Issue | 99.95% |
| Share Holding Post Issue | 72.94% |
Competitive Strength:
- 1. BLT has been a well-established business since 2011, with a stellar track record of growth and development.
- 2. The company caters to a wide client base of approximately 200 customers and has established a firm relationship in the industry.
- 3. It offers a varied range of services along with transportation solutions, such as packing and moving.
- 4. The company is led by experts with a good amount of experience in the relevant field, who drive the company to new heights.
BLT Logistics Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2025 | 26.27 | 49.43 | 3.84 | 8.78 | 13.65 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 21.32 | 40.73 | 3 | 5 | 12.02 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| 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 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 15.06 | 10.99 |
| P/E (x) | 4.98 | 6.83 |
Objectives of BLT Logistics Limited IPO
The proceeds obtained through IPO listing will be used to fund the expenditure on new trucks and ancillary equipment in order to enhance the efficiency of the services offered by BLT. The remaining amount shall be used to meet the working capital needs and to fund the general corporate requirements of the company.
Conclusion
The BLT Logistics Limited IPO provides investors an opportunity to take part in a rapidly growing company in the transportation industry of India. The company has a wide and well-established clientele comprising various popular customers such as Panasonic, Bluestar, Mr. DIY and many more, which makes the company’s client base of about 200 clients. The company’s various facilities, strategically placed at high-growth locations, help enhance its brand presence and credibility in the market.
RHP:
DRHP:
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Frequently asked Questions (FAQs )
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1. When does the BLT Logistics Limited IPO open and close?
Subscription for the issue will open on 4th August, 2025 and will be closed by 6th August, 2025.
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2. Who is the registrar for the BLT Logistics Limited IPO?
Skyline Financial Services Private Limited is the registrar for this IPO.
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3. How much stake do the shareholders have in the company at present?
The shareholders currently have about a 99.95% stake in the company.
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4. Where will the shares of the IPO be listed?
The BLT Logistics Limited IPO will be listed on the BSE SME.
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5. What is the expected listing date for the BLT Logistics IPO?
The IPO listing is expected by 11th August, 2025.
