Yatayat Corporation India IPO

Yatayat Corporation India Ltd. filed its DRHP on December 23, 2025. The Yatayat Corporation India IPO is a 100% book-built offer with a total size of up to 1,33,00,000 equity shares. This offering is a combination of a fresh issue of up to 77,00,000 shares and an Offer for Sale (OFS) of up to 56,00,000 shares by the promoter selling shareholder, Meena Praveen Aggarwal.

While the price band and official dates are yet to be announced through national dailies, the shares are proposed to be listed on both the BSE and NSE. The company has appointed Unistone Capital Private Ltd. as the Book Running Lead Manager (BRLM) and Bigshare Services Private Ltd. as the Registrar to the offer.

Company Background

Yatayat Corporation India Ltd. was incorporated in June 2022. The roots of this company were connected with 2011, when it originally started as a partnership firm named "M/s. Yatayat Corporation of India". Over the last 14 years, an evolution has been in the eye of the public where this company evolved from a local partnership into a public limited company providing integrated logistics solutions.

The headquarters of this company is in Ahmedabad, Gujarat, with a PAN-India presence. They managed to maintain a network of 34 branches and one warehouse, covering 28 states and 6 Union Territories, also their current operational base. This reach and years of trust allow them to serve as a trusted and reliable link in the supply chain or a mediator for various industries across the country.

Operations and Product Range

The Yatayat Corporation India Ltd. brings to the market a company that functions as an Indian Banks’ Association (IBA) approved Goods Transport Agency (GTA). Their core operations are providing integrated end-to-end transportation and supply chain solutions.

The service portfolio of this company is diverse, catering to small, medium and large enterprises. Their key services/solutions include:

• • Full Truck Load (FTL) and Part Truck Load (PTL) services.
• • Express Freight and Exim Freight services for timely and international cargo needs.
• • Over Dimensional Cargo (ODC) for transporting large-scale machinery and equipment.
• • Multimodal Operations that combine different modes of transport for better efficiency.

Facilities and Capacity

A defining feature of Yatayat Corporation Ltd. highlighted in their IPO is an asset-light business model. In this, instead of owning a massive fleet of vehicles, the company leverages an extensive network of third-party fleet owners and transport operators, like Uber, Ola, Rapido.

This business model allows for high operational flexibility and scalability without the need for significant capital expenditure on vehicle maintenance, which helps businesses to maintain their cost structure while providing a source of revenue to the third-party owners. Currently, the company focuses on maintaining its physical presence through 34 branches and 1 warehouse. To ensure good quality and timely delivery control, they utilize digital tracking tools like real-time GPS, FASTag integration and digital proof of delivery, which increase their trust between their clients.

Brands and Market Presence

Yatayat Corporation India Ltd. works under the brand name IC YATAYAT. They built a reputation for reliability in sectors such as Energy & Power, Agriculture, Metals & Mining, FMCG and Pharmaceuticals.

The market presence of this company is not only backed by several certifications and recognitions, including ISO certification and EHS compliance, but it is also built on the timely delivery of projects and trust built with the clients over the years. They also received industry accolades such as the Cargo & Logistics Award (2022) and the Gaurav Shree Samman (2023). These recognitions underscore its position as an established player in the Indian logistics landscape.

Revenue Streams and Business Model

The company’s source of revenue is the freight charges and customized services they provide as a logistics partner in the industry. For the fiscal year 2025, freight charges and integrated expenses amounted to approximately ₹39,415.91 lakhs.

The business model focuses on cost efficiency and end-to-end connectivity by operating as a GTA and coordinating with its wholly-owned subsidiary, Transwave Logistics Private Ltd. They cover a wide spectrum of value-added services. This integrated approach helps in serving multiple industries and maintaining a consistent source of income.

Management and Shareholding

Promoter and Shareholding

The promoters of the company are Shreyan Aggarwal, Meena Praveen Aggarwal and Sonakshi Aggarwal. Before the IPO, the company has an issued and paid-up share capital of 4,50,00,000 equity shares. The promoters hold a significant majority of the stake, with Meena Praveen Aggarwal opting to sell up to 56,00,000 shares through the Offer for Sale.

Board and Key management

The board is led by Shreyan Aggarwal, who serves as the Chairman and Managing Director. Other key members include Rajesh Talreja, the Chief Financial Officer and Puja Nelli, who serves as the Company Secretary and Compliance Officer. The board is responsible for the strategic direction and overall management of the company's PAN-India operations.