GB Logistics Commerce Ltd IPO
IPO Price Range: ₹95 - 102
Min Investment
₹1,22,400
IPO Size
₹25 Cr
IPO Status
Quantity in 1 Lot
1200
Max Bid allowed
1
Listing Exchange
BSE
IPO Application Timeline of GB Logistics Commerce Ltd
IPO subscribed over
🚀 123.2412x
This IPO has been subscribed by 122.0705x in retail and 26.8535x in QIB.
Subscription Rate
| Total Subscription | 123.2412x |
| Retail Individual Investors | 122.0705x |
| Qualified Institutional Buyers | 26.8535x |
| Non Institutional Investors | 543.911x |
Key Statistics
 Bid Opening Date | 24 Jan 2025 |
| Bid Closing Date | 28 Jan 2025 |
| Allotment Date | 29 Jan 2025 |
 Issue Size | ₹25.07Cr |
 Quantity in 1 lot | 1200 |
Strengths and Risks of GB Logistics Commerce Ltd IPO
Strengths
Strong partnerships, alliances and affiliations with nodal agencies in the areas of agriculture and skill development.
Robust systems and processes across all functions of the company.
Strong technology backbone supported by a dedicated team of experienced professionals.
Favourable macro environment.
Risks
The average price/earnings (P/E) ratio of the listed industry peer set was 78.73x while its P/E ratio will be at premium of [*] times at the higher price band and [*] times at the lower price band. The trading price of its Equity Shares may fluctuate based on a comparison of the P/E ratio of the listed industry peer set and the Company.
There are certain recovery proceedings that are initiated against the Promoter of the Company.
The company has recently acquired its Material Subsidiary from its Promoter.
The company does not own its registered office and the locations from which the company operates.
There are certain pending legal proceedings involving the Company as well as the Promoter and Directors of the Company. Any adverse outcome on such proceedings may affect its business, financial condition and reputation.
The company has not complied with certain statutory provisions of the Companies Act. Such non-compliance may attract penalties and other actions against the Company and its Directors which could impact the financial position of it to that extent.
Its Material Subsidiary has not complied with certain statutory provisions of the Companies Act. Such non-compliance may attract penalties and other actions against the Company and its Directors which could impact the financial position of it to that extent.
Its business is dependent on the road network and the company ability to utilize its vehicles in an uninterrupted manner. Any disruptions or delays in this regard could adversely affect it and lead to a loss of reputation and/ or profitability.
The company is significantly dependent on its freight brokers for procuring business and may not be able to exercise complete control over the services offered by them.
The company has experienced negative cash flows from operating and investing activities in the past.
Frequently Asked Questions of GB Logistics Commerce Ltd IPO
What is the size of the GB Logistics Commerce Ltd IPO?
The size of the GB Logistics Commerce Ltd IPO is ₹25.07Cr .
What is 'pre-apply' for GB Logistics Commerce Ltd IPO?
'Pre-apply' for GB Logistics Commerce Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.
When will my GB Logistics Commerce Ltd IPO order be placed?
Your GB Logistics Commerce Ltd IPO order will be placed on 24 Jan 2025.
What are the open and close dates of the GB Logistics Commerce Ltd IPO?
The open and close dates of the GB Logistics Commerce Ltd IPO are 24 Jan 2025 to 28 Jan 2025.
What is the lot size and minimum order quantity of the GB Logistics Commerce Ltd IPO?
The lot size and minimum order quantity of the GB Logistics Commerce Ltd IPO are 1200 and 1200 respectively.
What would be the listing gains on the GB Logistics Commerce Ltd IPO?
The potential listing gains on the GB Logistics Commerce Ltd IPO will depend on various market factors and cannot be predicted with certainty.