GB Logistics IPO Overview

The GB Logistics IPO is a fresh issue of 24.58 lakh shares, aiming to raise ₹25.07 crores. This book-built issue provides investors with an opportunity to participate in the growth of a promising logistics company.

Key Dates

• Subscription Period: Opens on January 24, 2025, and closes on January 28, 2025.
• Allotment Finalization: Expected on Wednesday, January 29, 2025.
• Tentative Listing Date: Friday, January 31, 2025, on the BSE SME platform.

Price Band & Investment Details

• Price Range: ₹95 to ₹102 per share.
• Minimum Lot Size: 1,200 shares, requiring a minimum investment of ₹1,22,400 for retail investors.
• HNI Investment: Minimum of 2 lots (2,400 shares), amounting to ₹2,44,800.

Key Stakeholders

• Book Running Lead Manager: SKI Capital Services Limited.
• Registrar: Maashitla Securities Private Limited.
• Market Maker: Svcm Securities Private Limited.

For comprehensive details, investors are encouraged to refer to the GB Logistics IPO Red Herring Prospectus (RHP).

This IPO presents a strategic opportunity for investors to be part of a growing logistics enterprise. Mark your calendars and stay informed to make well-timed investment decisions.

The net proceeds raised through the GB Logistics IPO will be allocated towards the following objectives:

• Prepayment or Repayment of Borrowings: A portion of the funds will be used to prepay or repay certain outstanding borrowings availed by the company, thereby reducing interest costs and improving financial stability.
• Working Capital Requirements: The proceeds will also be utilized to meet the company’s working capital needs, ensuring smooth operations and sustained growth.
• Purchase of Truck Chassis and Truck Bodies: Funds will be allocated towards the acquisition of truck chassis and truck bodies to expand and modernize the company’s fleet.
• General Corporate Purposes: The remaining funds will be used for general corporate purposes, including strategic initiatives and other business-related expenses.

This allocation of funds reflects the company’s commitment to strengthening its financial position, enhancing operational efficiency, and achieving long-term growth objectives.