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Pooja Logistics IPO

Pooja Logistics IPO

smelisted
Registrar: MAASHITLA SECURITIES PRIVATE LIMITED · Listing 2026-09-30
IPO Timeline
Today · 20 Oct 2026
Opens
23 Sept 2026
Closes
25 Sept 2026
Allotment
28 Sept 2026
Refund
29 Sept 2026
Demat
29 Sept 2026
Listing
30 Sept 2026
Price Band
₹109–115
GMP
₹0
0%
Lot Size
1200 Shares
Min ₹138,000
Subscription
3.72x
Issue Size
₹44 Cr
Open
2026-09-23
Close
2026-09-25
Listing
2026-09-30

About the company

Pooja Logistics provides temperature-controlled logistics services for perishable goods across India through refrigerated trucks. Incorporated in 2011, it serves customers in confectionery, dairy, quick-service restaurants, e-commerce and related sectors. The company generally operates on a trip-to-trip model and uses GPS tracking, temperature monitoring, vehicle movement reports, and driver and truck management systems to manage consignments from pickup to delivery. The company operates a mixed fleet of owned and hired vehicles. At March 31, 2026, its owned fleet comprised 424 vehicles: 16 small vehicles, 59 light commercial vehicles and 349 heavy commercial vehicles. All existing commercial vehicles are deployed in operations except vehicles temporarily under maintenance, repair, replacement or disposal. In FY26, owned vehicles generated 67.6% of revenue from operations and hired vehicles generated 32.3%. The owned-fleet share was 66.4% in FY25 and 77.5% in FY24. By service type, primary transportation contributed 24.8% of FY26 revenue and secondary transportation contributed 75.1%; the corresponding FY24 shares were 11.4% and 88.5%. Revenue is generated through per-trip primary transport, monthly intra-city secondary transport and dedicated-vehicle arrangements. FMCG customers accounted for 95.07% of FY26 revenue, while logistics and supply-chain customers accounted for 4.9%. The company serves multinational companies, Indian businesses and MSMEs through direct engagement and e-bidding. Its top 10 customers contributed 68.1% of FY26 revenue, compared with 75.5% in FY25 and 81.6% in FY24. The company provides services across more than 26 Indian states. Haryana, Maharashtra, Uttar Pradesh and Delhi contributed 26.55%, 12.01%, 11.38% and 10.86% of FY26 revenue, respectively. Domestic services contributed 99.9% of FY26 revenue; international services to Nepal contributed 0.01%.

GMP trend (Grey Market Premium by date)

Today₹0 (0%)
High₹0
Low₹0
Est. Listing₹115
DateGMP (₹)Est. ListingChange
21 Sep₹0₹1150

Strengths

    Risks

      Financial performance (₹ Cr)

      Subscription breakup (final, times)

      Retail0.57x
      QIB0x
      NII0.78x
      EMP0x
      OTHER0x
      Total0.41x

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 30 Sept 2026
      Listed 20 days ago
      1. IPO Opens

        Completed
        23 Sept 2026

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        25 Sept 2026

        Last day to place your bid

      3. Basis of Allotment

        Completed
        28 Sept 2026

        Share allotment finalised

      4. Refund Initiation

        Completed
        29 Sept 2026

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        29 Sept 2026

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        30 Sept 2026

        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
      1200 shares
      Price / Share (upper)
      ₹115
      Min Investment (1 lot)
      ₹138,000
      Price Band
      ₹109–115
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1200
      Min amount
      ₹138,000
      Max amount
      ₹138,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      2400
      Min amount
      ₹276,000
      Max amount
      ₹276,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹22 Cr
      Shares offered
      1,964,286
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹6.6 Cr
      Shares offered
      589,286
      Shares bid
      459,643
      Subscribed
      0.78x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹15.4 Cr
      Shares offered
      1,375,000
      Shares bid
      783,750
      Subscribed
      0.57x

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