The Neptune Logitek IPO minimum market lot is 2,000 shares with ₹2,52,000 application amount. The Neptune Logitek IPO is a SME IPO, and it is to be listed on BSE SME.
Business Overview
Neptune Logitek Limited is one of the leading logistics solution provider companies in India. It has been operating for over 13 years reliable logistics services such as Freight Forwarding and Custom Clearance, Air Freight Transportation, Door to Door Multimodal Coastal Forwarding, Road transportation, and Rail Transportation.
As per the Draft document, the company comprises a pan-India presence with a head office and 9 branch offices to support its operations. Out of the 9 branches, one is specially dedicated to the repairing and maintaining of the trucks and fleet, helping the vehicles stay ready whenever required, while also maintaining consistent service quality. Moreover, to improve efficiency and control, Neptune Logitek also incorporates advanced technology such as GPS-enabled fleet management, real-time vehicle tracking, and an auto-on/off engine monitoring system.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Neptune Logitek IPO Subscription Status – Day 1
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 0.00 |
| NII | 0.05 | 0.00 | 0.00 |
| RII | 0.38 | 0.00 | 0.00 |
| Total | 0.21 | 0.00 | 0.00 |
Neptune Logitek IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Neptune Logitek IPO Review and Rating
- May Apply For Long-term View
Neptune Logitek IPO Form
How to apply for the Neptune Logitek IPO? You can apply for Neptune Logitek IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Neptune Logitek IPO in the Invest section. The other option is you can apply for Neptune Logitek IPO via IPO forms downloaded online. Check out the Asston Pharmaceuticals forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
