BLT Logistics
BSE SMEListed
BSE SMEListed
IPO Timeline
Issue open date
4 Aug 2025Issue close date
6 Aug 2025UPI mandate deadline
6 Aug 2025Allotment finalization
7 Aug 2025Refund initiation
8 Aug 2025Share credit
8 Aug 2025Listing date
11 Aug 2025Mandate end date
21 Aug 2025Lock-in end date for anchor investors (50%)
6 Sep 2025Lock-in end date for anchor investors (remaining)
5 Nov 2025Grey Market Premium Trend
₹25
Current GMP
₹100
Est. Listing Price
33.3%
Est. Listing Gain
₹71 - ₹75
Price Band
GMP History
| Date | GMP (₹) | Est. Listing Price (₹) | Est. Listing Gain |
|---|---|---|---|
| 10 Aug | ₹25 | ₹100 | 33.33% |
| 9 Aug | ₹25 | ₹100 | 33.33% |
| 8 Aug | ₹25 | ₹100 | 33.33% |
| 7 Aug | ₹25 | ₹100 | 33.33% |
| 6 Aug | ₹25 | ₹100 | 33.33% |
| 5 Aug | ₹38 | ₹113 | 50.67% |
| 4 Aug | ₹42 | ₹117 | 56.00% |
| 3 Aug | ₹15 | ₹90 | 20.00% |
| 2 Aug | ₹16 | ₹91 | 21.33% |
| 1 Aug | ₹16 | ₹91 | 21.33% |
| 31 Jul | ₹0 | ₹75 | 0.00% |
| 30 Jul | ₹0 | ₹75 | 0.00% |
| 29 Jul | ₹0 | ₹75 | 0.00% |
Key Dates
Open
4 Aug 2025Close
6 Aug 2025Listing
11 Aug 2025Quick Stats
Issue Size:9cr
Lot Size:1600 shares
Issue Details
Issue Size:9cr
About the Company
BLT Logistics, incorporated in 2011, provides surface transportation and warehousing services across India. The company operates a fleet of 106 vehicles with capacity ranging from 3.5MT to 18MT, supplemented by 15 vehicles through its 99.99% subsidiary Sabarmati Express India Private Limited. BLT offers containerised truck transportation, warehousing solutions, and related logistics services primarily to B2B customers. The company maintains warehouses in Delhi, Thane, Gurugram, Hooghly, Ambala, and Bengaluru, serving clients in electronics, retail, food and confectionery, and wholesale trading sectors. As of March 31, 2025, BLT serves over 200 clients and holds ISO 9001:2015 certification for its quality management systems.
Strengths
- Business operations with a track record of over 13 years in the logistics sector
- Established relationships with a diverse customer base of over 200 clients across multiple industries
- Comprehensive range of logistics services including transportation, warehousing, and cargo handling solutions
- Promoter experience with combined industry knowledge of more than 25 years in logistics operations
Risks
- Revenue concentration risk from dependence on a few major customers
- Supplier dependency risk affecting business continuity
- Repayment risk from unsecured loans payable on demand
- Dividend payments dependent on future profits and loan agreement terms
BLT Logistics IPO – Frequently Asked Questions
- The price band for the BLT Logistics IPO is set at ₹71 to ₹75 per share.
- The BLT Logistics IPO opens on August 4, 2025 and closes on August 6, 2025.
- The tentative listing date for the BLT Logistics IPO is August 11, 2025.
- You can apply for the BLT Logistics IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose BLT Logistics, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the BLT Logistics IPO is 1600 shares. Investors must apply for at least one lot (i.e., 1600 shares).