
Transportation & Logistics · BSE
BLT Logistics Limited, founded in 2011, provides surface transportation and warehousing services to various industries and businesses. The company operates with the support of its own fleet, managed by its 99.99% subsidiary Sabarmati Express India Private Limited, as well as through third-party transport operators. As of March 31, 2024, it has a fleet of 90 vehicles ranging from 3.5MT to 18MT, along with 15 vehicles of 9MT capacity under Sabarmati. BLT offers a range of logistics solutions including B2B transportation services such as full truckload (FTL), less-than-truckload (LTL), packing, moving, and project cargo transportation, using advanced technology to ensure safe, efficient, and cost-effective delivery. In 2023, the company expanded into warehousing with three leased facilities located in key areas, catering to sectors like electronics, retail, food, and multinational companies. These warehouses offer detailed inventory tracking through MIS reports. As of the end of March 2024, BLT Logistics has a team of 37 employees.
Price Band
₹71 – ₹75
Issue Size
₹9.72 Cr
Lot Size
1600 shares
GMP
+64.0%
Est. Listing
₹123
at current GMP
Subscribed
560.91x
overall
Open
4 Aug 2025
Close
6 Aug 2025
Allotment
7 Aug 2025
Refund
8 Aug 2025
Demat Credit
9 Aug 2025
Listing
11 Aug 2025
Overall Subscription
560.91x
Total Demand
QIB Multiplier
81.80x
Institutions & Funds
NII / HNI
1018.18x
High Net-Worth
Retail (RII)
637.42x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 240,000 | 19,632,000 | 81.80x |
| NIB | 180,800 | 184,086,400 | 1018.18x |
| HNIs(10L +) | 120,530 | 142,486,400 | 1182.17x |
| HNIs (2-10L) | 60,270 | 41,600,000 | 690.23x |
| RETAIL | 422,400 | 269,244,800 | 637.42x |
| Total | 1,024,000 | 657,049,600 | 560.91x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs (10L+) | 25 | 9,395 | 375.80x |
| HNIs (3-10L) | 13 | 7,883 | 606.38x |
| RETAIL | 132 | 84,139 | 637.42x |
| Total Applications | 170 | 101,417 | 596.57x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
BLT Logistics Limited is bringing an initial public offering (IPO) in the Transportation & Logistics sector with an aggregate issue size of ₹9.72 Crores. The shares are offered at a price band of ₹71 to ₹75 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-08-06, the basis of allotment is scheduled to be finalized on 2025-08-07. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for BLT Logistics Limited IPO is ₹48 per equity share. Based on the upper price band of ₹71 to ₹75 per equity share, the estimated listing price is ₹123 (+64.0% expected listing gain).
With a lot size of 1600 shares and current GMP of ₹48, the expected profit per application lot is approx ₹76,800 (+64.0% gain). Minimum application cost is approx ₹1,20,000.
The BLT Logistics Limited IPO aggregate issue size is ₹9.72 Crores with an equity price band set at ₹71 to ₹75 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,20,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 560.91x (Retail: 637.42x, QIB: 81.80x, NII: 1018.18x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2025-08-07. Investors can verify status using PAN card or application number.
BLT Logistics Limited shares are scheduled to list on BSE on 2025-08-11.