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BLT Logistics IPO

BLT Logistics IPO

smelisted
Registrar: Skyline Financial Services Private Limited · Listing 2025-08-11
IPO Timeline
Today · 20 Oct 2026
Opens
04 Aug 2025
Closes
06 Aug 2025
Allotment
07 Aug 2025
Refund
08 Aug 2025
Demat
08 Aug 2025
Listing
11 Aug 2025
Price Band
₹71–75
GMP
₹0
0%
Lot Size
1600 Shares
Min ₹120,000
Subscription
0x
Issue Size
₹9 Cr
Open
2025-08-04
Close
2025-08-06
Listing
2025-08-11

About the company

Incorporated in 2011, BLT Logistics is currently a 2PL provider transitioning into a 3PL player by integrating warehousing services with transportation. In FY25, transportation & allied services contributed 99.76% of revenue, while warehousing accounted for 0.24%. The company serves 200+ B2B clients and operates a fleet of 121 containerised trucks (106 owned, 15 via subsidiary Sabarmati Express). Since entering warehousing in 2023, it has managed five warehouses with ~36,300 sq ft of space. It operates across multiple states, with Maharashtra contributing the highest share of revenue at 41.83%. The top 10 clients account for 64.46% of revenue, reflecting the strength of its customer relationships.

Strengths

    Risks

      Financial performance (₹ Cr)

      Subscription breakup (final, times)

      Retail0x
      NII0x
      QIB0x
      Total0x

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 11 Aug 2025
      Listed 435 days ago
      1. IPO Opens

        Completed
        04 Aug 2025

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        06 Aug 2025

        Last day to place your bid

      3. Basis of Allotment

        Completed
        07 Aug 2025

        Share allotment finalised

      4. Refund Initiation

        Completed
        08 Aug 2025

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        08 Aug 2025

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        11 Aug 2025

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      1600 shares
      Price / Share (upper)
      ₹75
      Min Investment (1 lot)
      ₹120,000
      Price Band
      ₹71–75
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1600
      Min amount
      ₹120,000
      Max amount
      ₹120,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      3200
      Min amount
      ₹240,000
      Max amount
      ₹240,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹4.5 Cr
      Shares offered
      616,439
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹1.35 Cr
      Shares offered
      184,932
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹3.15 Cr
      Shares offered
      431,507
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).