BLT Logistics IPO Subscribed over 14.91x on Day 2

BLT Logistics IPO subscribed over 14.91x on its second day of subscription, wherein QIB subscribed 1.04x, NII subscribed 17.24x, and RII subscribed 21.80x.

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BLT Logistics IPO subscription started on August 4, 2025, and the IPO will close on  August 6, 2025, as per the schedule. The price band is set at ₹71 to ₹75 per share with a face value of ₹10.  

BLT Logistics IPO Subscription Status 

BLT Logistics IPO subscribed over 14.91x on its second day till 5.00 PM on 05 August 2025.

  • BLT Logistics IPO subscription QIB investors’ portion is 1.04 times, while NII subscribed 17.24 times and RII investors subscribed 21.80 times. 
  • The company has received bids for 1,25,72,800 shares against 8,43,200 shares on offer on the second day of subscription. 
  • BLT Logistics IPO subscribed over 14.91x on its day 2. 
  • BLT Logistics IPO subscribed over 2.28x on its day 1. 

About BLT Logistics Company 

Warehousing services are important to managing and storing specific goods, though there are many companies which has business, however here is the short description of BLT Logistics is experts in surface transportation of goods by container trucks and offers warehousing services to various industries and businesses. The trucks that the company use are owned by it’s subsidiary company “Sabarmati Express India” or rented from small truck owner agents. BLT Logistics has around 90 vehicles, along with capacity ranging from 3.5 MT to 18MT. In the vehicles, around 15 vehicles were considered from the subsidiary of Sabarmati Express, with a capacity of 9 MT. BLT Logistics has three warehouses in India: one in Gurugram (14,000 sq. ft), one in Thane (5,000 sq. ft), and one in Bengaluru (3,000 sq. ft). As of 31 March 2024, the company has 37 employees.

BLT Logistics Financial Report

The company reported revenue of ₹48.19 crores in 2025 against ₹40.04 crores in 2024. The company reported a profit of ₹3.00 crores in 2025 against a profit of ₹2.65 crores in 2024. 

BLT Logistics IPO GMP: 

BLT Logistics IPO GMP was ₹0 as of Tuesday, August 5, 2025. That indicates the IPO is trading at ₹75 with a ₹0 premium in the grey market against the issue price of ₹75.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.