GB Logistics IPO subscription started on Friday, 24th January 2025, and will close on January 28th, 2025, as per the schedule. The price band is set at ā¹95 to ā¹102 per share with a face value of ā¹10.
GB Logistics IPO Subscription Status
GB Logistics IPOĀ Subscribed over 184.64x on its last day till 5.00 PM on January 28th, 2025.
- GB Logistics IPO subscription QIB investorsā portion was 25.1 times, while NII subscribers subscribed 543.55 times, and RII investors subscribed 121.88 times.
- The company has received bids for 30,17,76,000 shares against 16,34,400 on offer for the last day subscription.Ā
- GB Logistics IPO Subscribed over 12.12x on its second day.
- GB Logistics IPO Subscribed over 5.85x on its first day.
About GB Logistics Company
GB Commerce Limited is one of the satisfactory companies in terms of logistics business, made good reputations in providing services, transportation services in different types of industrial. This firm was founded in 2019. It provides qualified and reliable drivers, a fleet of vehicles, and adaptable fast services. Mostly, to get good efficiency in logistics in a market it uses its own trucks and partnersā resources for reliable and timely services and enhances trust of customers. As it has two segments logistics and trading in agricultural commodities, logistics provides Full Truck Load services, specialized handling, door-to-door transportation, deliveries to upper floors, and expertise in delivering to remote and hard-to-reach areas (Out of Delivery Area shipments). While agricultural commodities get incidental trading opportunities to get more revenue. It has 39 full-time staff.
GB Logistics Financial Report
The company reported revenue of ā¹115.63 crores in 2024. The company reported a profit of ā¹4.86 crores in 2024.
GB Logistics IPO GMP:
GB Logistics IPO GMP was ā¹30 as of Tuesday, 28th January 2025. That indicates the IPO is trading at ā¹132 a with ā¹30 premium in the grey market against the issue price of ā¹102.
