GB Logistics Commerce Ltd IPO
GB Logistics Commerce Ltd IPO Price Range is ₹95 - 102, with a minimum investment of ₹1,22,400 for 1200 shares.
₹1,22,400
/ 1200 shares
Minimum Investment
View GB Logistics Commerce Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.
IPO Status
Price Band
₹95 - 102
Open Date
2025-01-24
Close Date
2025-01-28
IPO Size
₹25.07 Cr
Lot Size
1200 shares
Min Investment
₹1,22,400
Listing Exchange
BSE
GB Logistics Commerce Ltd IPO Application Timeline
IPO Subscription Status
IPO subscribed over
🚀 123.241x
This IPO has been subscribed by 122.071x in the retail category and 26.854x in the QIB category.
Subscription Rate
| Total Subscription | 123.241x |
| Retail Individual Investors | 122.071x |
| Qualified Institutional Buyers | 26.854x |
| Non Institutional Investors | 543.911x |
| Name | GB Logistics Commerce Ltdx |
Strengths and Risks
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.
How to Apply for GB Logistics Commerce Ltd IPO on INDmoney
1
Download the INDmoney app and complete your KYC to open an account.
2
Go to the INDstocks section and tap on IPO, or search for ‘IPO’.
3
Select GB Logistics Commerce Ltd IPO from the list of live IPOs.
4
View key details like price band, lot size, and dates, then tap ‘Apply Now’.
5
Choose the number of lots and place your order via UPI.
6
Your funds will be blocked until the share allotment is finalized.