
Emerging SME Services · BSE
Gconnect Logitech and Supply Chain Limited, incorporated in July 2022, is a growing player in the surface logistics sector, specializing in goods transportation through an asset-light model. By partnering with third-party fleet management firms, the company ensures efficient and reliable logistics solutions tailored to client needs, including bulk loads, Full Truck Loads (FTL), and dedicated loads. With a diverse fleet of 23 vehicles as of October 2023 and a loyal customer base of approximately 24 clients—over 8 of whom have been associated with the company for more than four years—Gconnect Logitech has established itself as a trusted logistics provider. Operating with a streamlined team of 6 employees as of March 2024, the company remains committed to delivering exceptional service, strengthening partnerships, and expanding its footprint in the competitive transportation industry.
Price Band
₹40
Issue Size
₹5.60 Cr
Lot Size
3000 shares
GMP
+22.5%
Est. Listing
₹49
at current GMP
Subscribed
57.44x
overall
Open
26 Mar 2024
Close
28 Mar 2024
Allotment
1 Apr 2024
Refund
2 Apr 2024
Demat Credit
3 Apr 2024
Listing
3 Apr 2024
Overall Subscription
57.44x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
43.14x
High Net-Worth
Retail (RII)
71.74x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 663,000 | 28,605,000 | 43.14x |
| RETAIL | 663,000 | 47,562,000 | 71.74x |
| Total | 1,326,000 | 76,167,000 | 57.44x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 163 | 11,694 | 71.74x |
| HNIs (10L +) | 1 | 43 | 43.14x |
| HNIs (2-10L) | 5 | 216 | 43.14x |
| Total Applications | 169 | 11,953 | 70.73x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
GConnect Logitech and Supply Chain Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹5.6 Crores. The shares are offered at a price band of ₹40 to ₹40 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 3000 shares (approx. ₹1,20,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-04-03, while un-allotted funds or UPI block mandates will be released on 2024-04-02.
The latest Grey Market Premium (GMP) for GConnect Logitech and Supply Chain Limited IPO is ₹9 per equity share. Based on the upper price band of ₹40 to ₹40 per equity share, the estimated listing price is ₹49 (+22.5% expected listing gain).
With a lot size of 3000 shares and current GMP of ₹9, the expected profit per application lot is approx ₹27,000 (+22.5% gain). Minimum application cost is approx ₹1,20,000.
The GConnect Logitech and Supply Chain Limited IPO aggregate issue size is ₹5.6 Crores with an equity price band set at ₹40 to ₹40 per equity share. The retail lot size is 3000 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 57.44x (Retail: 71.74x, QIB: 0.00x, NII: 43.14x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-04-01. Investors can verify status using PAN card or application number.
GConnect Logitech and Supply Chain Limited shares are scheduled to list on BSE on 2024-04-03.