BLT Logistics IPO GMP, Price Band, Dates, Lot Size, and Review
06 August 2025 · Sachin Gadekar
Get complete details about BLT Logistics IPO including GMP, price band, lot size, dates, financials, and more. Know if this SME IPO is worth investing in.

About BLT Logistics Ltd.
BLT Logistics Ltd., a company engaged in surface transportation and warehousing services, is hitting the primary market with its SME IPO. The BLT Logistics IPO opened on August 4, 2025, and closed on August 6, 2025, aiming to raise ₹9.72 crores through a fresh issue of 12.96 lakh shares. Investors are keeping a close watch on the BLT Logistics IPO GMP (Grey Market Premium) as the listing on BSE SME draws near.
Here’s a detailed breakdown of everything you need to know about the IPO, including key dates, price band, lot size, financials, and more.
Incorporated in 2011, BLT Logistics Limited is a growing logistics solutions provider in India. The company focuses on:
Surface transportation of goods using containerized trucks.
Warehousing services for multiple industries including electronics, FMCG, retail, and food.
As of March 31, 2024, the company:
Operates 90 vehicles and an additional 15 vehicles through its wholly owned subsidiary, Sabarmati Express India Pvt. Ltd.
Has three leased warehouses strategically located across major regions.
Employs 37 staff for logistics, warehousing, and operational needs.
With over a decade of operational history, BLT Logistics has built strong relationships with a diverse customer base and offers B2B logistics solutions such as FTL, LTL, packing & moving, and project cargo handling.
BLT Logistics IPO Details
Detail | Information |
---|---|
IPO Opening Date | August 4, 2025 |
IPO Closing Date | August 6, 2025 |
Allotment Date | August 7, 2025 |
Listing Date | August 11, 2025 (Tentative) |
Issue Price | ₹75 per share |
Face Value | ₹10 per share |
Lot Size | 1,600 shares |
Minimum Investment (Retail) | ₹2,40,000 (3,200 shares) |
Issue Size | ₹9.72 crore |
Fresh Issue | 12.96 lakh shares |
Offer Type | Bookbuilding |
Listing At | BSE SME |
Market Maker Reservation | 94,400 shares |
BLT Logistics IPO GMP (Grey Market Premium)
As per the latest grey market trends, the BLT Logistics IPO GMP is currently estimated around ₹15–₹20 per share. This indicates investor optimism and could potentially lead to a premium listing on BSE SME.
Note: GMP is unofficial and speculative. It should not be the only basis for investment.
BLT Logistics IPO Lot Size & Investment Details
Category | Lots | Shares | Investment Amount |
---|---|---|---|
Retail (Min & Max) | 2 | 3,200 | ₹2,40,000 |
S-HNI (Min) | 3 | 4,800 | ₹3,60,000 |
S-HNI (Max) | 8 | 12,800 | ₹9,60,000 |
B-HNI (Min) | 9 | 14,400 | ₹10,80,000 |
BLT Logistics IPO Share Allocation
Investor Category | Shares Offered | % Allocation |
---|---|---|
QIB (Incl. Anchor) | 13,53,600 | 46.28% |
NII (HNI) | 4,07,200 | 13.92% |
Retail | 9,48,800 | 32.44% |
Market Maker | 1,46,400 | 5.01% |
Total | 29,24,800 | 100% |
Promoter Holding Pattern
Holding Stage | Percentage |
---|---|
Pre-Issue Holding | 99.95% |
Post-Issue Holding | 72.94% |
Financial Performance of BLT Logistics Ltd.
Financial Year | Total Income (₹ Cr) | PAT (₹ Cr) | EBITDA (₹ Cr) | Net Worth (₹ Cr) |
---|---|---|---|---|
FY 2024-25 | 49.43 | 3.84 | 9.56 | 8.78 |
FY 2023-24 | 40.73 | 3.13 | 8.48 | 4.94 |
Strengths & Objectives
Growth Highlights:
Revenue up by 21% YoY
PAT up by 23% YoY
Improvement in reserves and net worth
The increasing profitability and stable growth suggest a well-managed operational structure, especially in the fragmented logistics sector.
Competitive Strengths
Over a decade of operational history
Presence in both transportation and warehousing
Strategic fleet tie-ups and internal operations
Experienced promoters with industry knowledge
Strong customer relationships across industries
Should You Invest in BLT Logistics IPO?
Pros:
Presence in two fast-growing logistics verticals: FTL transportation and warehousing
Consistent growth in revenue and profit
Reasonable pricing at ₹75 per share
Strong anchor investor participation
Focus on tech-enabled logistics and real-time inventory management
Cons:
SME IPOs generally involve higher risk and lower liquidity post-listing
High ticket size for retail investors (₹2.4 lakh minimum)
Ultra’s Take:
Investors looking for exposure in the logistics sector and willing to take calculated risks may consider investing in the BLT Logistics IPO, especially with its growing financials and anchor investor backing. As with all SME IPOs, evaluate your risk appetite and investment horizon before applying.
Final Thoughts
The BLT Logistics IPO brings an opportunity to invest in a steadily growing logistics company with diversification across transportation and warehousing. Backed by a solid operational track record and a clear expansion strategy, it appeals to investors looking for long-term value in the SME segment.
However, the high investment requirement for retail investors and lower post-listing liquidity typical of SME IPOs should be considered. Monitoring GMP trends and listing gains can also help guide your investment strategy.
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