₹ 122400
₹95- ₹102
1200
₹81
-20
28 Jan 2025
Download30 Jan 2025
31 Jan 2025
Application Details
The IPO will open for subscription on January 24, 2025, and close on January 28, 2025, with shares expected to list on the BSE SME platform on January 31, 2025. The IPO features a face value of ₹10 per share and a price band set between ₹95 and ₹102 per share. Investors can apply in a lot size of 1,200 shares, with the minimum retail investment amounting to ₹1,22,400. The total issue size comprises 24,57,600 shares, aggregating up to ₹25.07 crore, all of which are being issued as a fresh issue.
This book-built IPO allocates shares as follows: not more than 50% of the net issue is reserved for Qualified Institutional Buyers (QIB), at least 35% for retail investors, and no less than 15% for Non-Institutional Investors (NII or HNIs). The timeline for the IPO includes the basis of allotment on January 29, 2025, initiation of refunds on January 30, 2025, and credit of shares to demat accounts also on January 30, 2025. High Net Worth Individuals (HNI) are required to apply for a minimum of 2 lots (2,400 shares), with a total investment of ₹2,44,800.
About GB Logistics Commerce Limited (SME IPO)
Incorporated in 2019, GB Logistics Commerce Limited operates in the logistics industry, offering comprehensive transportation and trading services. The company provides qualified drivers, a fleet of vehicles, and a charter network to ensure flexibility, responsiveness, and high-capacity transportation solutions. It specializes in full truckload freight services for large and medium-sized enterprises, utilizing both its own and third-party transportation resources to optimize logistics operations.
GB Logistics Commerce Limited operates in two key business segments: Logistics and Trading of Agricultural Commodities. In the logistics segment, the company offers a range of services, including full truckload transportation, special handling, godown-to-godown deliveries, above-ground floor transportation, and expertise in Out of Delivery Area (ODA) shipments to remote and challenging locations.
In the trading segment, the company focuses on logistics related to agricultural commodities. It capitalizes on incidental trading opportunities to diversify its revenue streams and support both the agricultural and logistics sectors, thereby contributing to sustainable growth and income generation.
FAQ
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.