Raajmarg Infra Investment Trust IPO...
05 Mar, 2026
Neptune Logitek IPO
Neptune Logitek IPO is a fixed price issue of ₹46.62 crores, which is an entirely fresh issue of 0.37 crore shares. The price band is set at ₹126 per share (fixed-price IPO) and the lot size for an application is 1,000. The minimum amount required by an individual investor is ₹2,52,000 (2,000 shares). The IPO will open for subscription on December 15, 2025 and closes on December 17, 2025, which will list on BSE SME with a tentative listing date fixed as December 22, 2025.
Company Background
Neptune Logitek Ltd., established in 2012 and is headquartered in Gandhidham, Gujarat. This company is an integrated logistics solutions provider offering multimodal freight, customs clearance and transportation services across India. With a pan-India network and technology-driven fleet operations, the company has established a strong presence in containerized and bulk cargo logistics, serving sectors like steel, cement and FMCG. Its focus on operational efficiency and customer-centric solutions positions it for sustained growth in India’s expanding logistics market.
Operations And Product Range
Facility And Production
This company operates a pan-India logistics network with 9 branch offices and an asset-driven model that includes a fleet of approximately 190–200 trucks and related transport equipment. The company also maintains an in-house vehicle maintenance facility and a captive petrol pump with 60 kl storage, enhancing operational efficiency and reducing downtime across its multimodal logistics services.
Brands And Market Presence
Neptune Logitek Ltd. offers integrated logistics services across India, supported by a network of branch offices. The company's services encompass freight forwarding, customs clearance and air, road and rail transport. With services, this company has its logistics operations include the handling of over 55,000 containers and substantial customer base expansion driven by its comprehensive multimodal services.
Revenue Channels
- • Basic Income channel is freight forwarding and customs clearance services, export-related logistics services and technology-enabled value-added logistics services.
- • Another revenue source is road and rail transportation of goods and multimodal logistics solutions, including coastal shipping.
- • Charging from ground rent and container demurrage fees.
Management And Shareholding
Promoters And Shareholding
The company's management is focused on achieving growth and cost-effectiveness, leveraging the expertise and effective solutions provided by its Promoters and shareholders. The Promoters are committed to ensuring timely deliveries and surpassing client expectations, which in turn helps clients reduce operational costs. This focus is intended to enhance the company's own profitability and global scalability.
Board Members
Neptune Logitek Ltd.’s leadership comprises a diversified board and management team, including the Chairman & Managing Director, Executive Director, Independent Directors and Non-Executive Director. Collectively, they focus on strategic growth, operational efficiency and corporate governance. The executive team manages day-to-day logistics operations, technology adoption and financial planning, collectively ensuring sustainable expansion and value creation across the company’s integrated logistics services.
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.
Neptune Logitek IPO GMP
| 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.**
Neptune Logitek IPO Details
| Detail | Description |
|---|---|
| IPO Date | Mon, Dec 15, 2025 to Wed, Dec 17, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | ₹126 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 37,00,000 shares (aggregating up to ₹46.62 Cr) |
| Reserved for Market Maker | 1,85,000 shares (aggregating up to ₹2.33 Cr) Asnani Stock Broker Pvt.Ltd. |
| Net Offered to Public | 35,15,000 shares (aggregating up to ₹44.29 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,00,00,000 shares |
| Share Holding Post Issue | 1,37,00,000 shares |
Neptune Logitek IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Mon, Dec 15, 2025 |
| IPO Close Date | Wed, Dec 17, 2025 |
| Tentative Allotment | Thu, Dec 18, 2025 |
| Initiation of Refunds | Fri, Dec 19, 2025 |
| Credit of Shares to Demat | Fri, Dec 19, 2025 |
| Tentative Listing Date | Mon, Dec 22, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Dec 17, 2025 |
Neptune Logitek IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,000 | ₹2,52,000 |
| Individual investors (Retail) (Max) | 2 | 2,000 | ₹2,52,000 |
| S-HNI (Min) | 3 | 3,000 | ₹3,78,000 |
Neptune Logitek IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Promoter Holding Pre Issue | - |
| Promoter Holding Post Issue | - |
Competitive Strength:
- • Integrated logistics service provider offering end-to-end solutions across the world.
- • Proficient and experienced management team driving strategic growth and asset-driven business model, ensuring operational control and reliability.
- • Seamless technology integration for enhanced efficiency and real-time monitoring.
- • In-house vehicle maintenance and direct procurement reduce downtime and costs, which reduces their operational costs.
Neptune Logitek IPO Financial Information
| Period Ended | Assets | Total Income | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing | ||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Aug 2025 | 122.94 | 105.52 | 4.02 | 23.97 | - | 56.40 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2025 | 119.25 | 260.74 | 9.16 | 19.95 | - | 58.00 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 95.24 | 175.76 | 0.00 | 10.79 | - | 62.48 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 74.51 | 187.71 | -0.18 | 10.79 | - | 38.20 | ||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 14.89% |
| ROCE | 21.25% |
| Debt/Equity | 2.91 |
| RoNW | 45.89% |
| PAT Margin | 3.56% |
| EBITDA Margin | 8.31% |
| Price to Book Value | 6.32 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 9.16 | 7.04 |
| P/E (x) | 13.76 | 17.9 |
IPO Proceeds
- • IPO proceeds will be used as funding for capital expenditure requirements for the company to stockpile infrastructure.
- • Repayment of debt and loan.
- • General corporate purpose.
Conclusion
Neptune Logitek IPO is providing an opportunity to investors to invest in a rapidly growing integrated logistics provider with a strong asset base, technology-driven operations and a proficient management team. This company has diversified revenue channels, a pan-India presence and a focus on operational efficiency. The company is well-placed to leverage India’s growing logistics industry and generate sustainable growth and value for its shareholders.
Merchant Banker
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Frequently Asked Questions (FAQs)
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Q1: What are the Neptune Logitek IPO dates and price band?
The IPO will open on December 15, 2025 and close on December 17, 2025. The price per share is ₹126.
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Q2: Where will the Neptune Logitek IPO be listed?
The IPO will be listed on the BSE SME platforms, with the tentative listing date expected as December 22, 2025.
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Q3: What exactly does Neptune Logitek do?
Neptune Logitek is a Gandhidham-based integrated logistics solutions provider offering multimodal freight, customs clearance and transportation services across India.
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Q4: How much is the Neptune Logitek IPO size and issue type?
The IPO issue size is ₹46.62 cr and the issue type is a Fixed Price IPO.
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Q5: What is the lot size of the Neptune Logitek IPO?
The lot size for an application is 1,000, with the minimum investment required by an individual investor being ₹2,52,000.
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Q6: How will the IPO proceeds be used?
Proceeds from the IPO will be utilized for debt repayment, infrastructure development and general corporate purposes.
