IPO Details
- IPO Opening Date: October 27, 2025
- IPO Closing Date: October 29, 2025
- Price Band: ₹116 – ₹122 per share
- Issue Size: Approximately ₹28.64 crores
- Listing At: NSE SME
- Expected Listing Date: November 3, 2025
Share Allocation
- QIBs (Qualified Institutional Buyers): Not more than 50% of the net offer
- NIIs (Non-Institutional Investors): Not less than 15% of the net offer
- Retail Investors: Not less than 35% of the net offer
Use of Proceeds
The funds raised from the IPO will be used for:
- Purchasing side wall trailers
- Expanding warehousing and smart logistics infrastructure
- Meeting working capital needs
- Implementing phase 2 of Smart Logistics Application
- General corporate purposes
Lot Size and Application Amount
- Minimum Lot Size: 2000 shares (₹2,44,000)
- Maximum Lot Size for Retail: 2 lots (2000 shares, ₹2,44,000)
Financial Performance
- Revenue (FY25): ₹111.88 crore
- Profit After Tax (FY25): ₹7.20 crore