BLT Logistics came to market through an SME IPO that opened on 4 August 2025 and closed on 6 August 2025, and the shares listed on 11 August 2025 on BSE SME. The price band was ₹71 to ₹75 per share and one lot was 1600 shares, so the minimum application was ₹1,20,000. The issue size was ₹9.72 crore. The whole issue was fresh shares, so the money raised went to the company.
Skyline Financial Services Private Ltd was the registrar to the issue, and Beeline Capital Advisors Pvt Ltd was the lead manager.
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Founded in 2011, BLT Logistics Limited deals with offering surface transport of merchandise in containerized trucks and warehouse services to other industries and companies.
The logistics business of the company is facilitated by its fleet, Sabarmati Express India Private Limited, and third-party operators, offering essential transport facilities such as containerised trucks by small fleet owners and agents.As of March 31, 2024, the company has an operational fleet of 90 vehicles (3.5MT to 18MT) and 15 vehicles (9MT) as part of its 99.99% subsidiary, Sabarmati. Services: Transportation & Allied Services:
The company provides B2B transportation services, such as FTL, LTL, packing, shifting, and project cargo transportation, with a diversified fleet and modern technology for cost-effective, secure, and efficient logistics solutions. Warehousing Services: In 2023, the company diversified to provide warehousing services from three strategically positioned leased facilities serving industries such as electronics, retail, food, and MNCs, with comprehensive inventory reporting through MIS. As of March 31, 2024, the company employs 37 people.
As described in the offer document.
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Krishan Kumar, Rakesh Kumar. Promoter holding 99.95% before the issue and 72.94% after.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
BLT Logistics IPO was a ₹9.72 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹71–₹75 per share with a lot size of 1,600 shares; the minimum retail application was 3,200 shares (₹2,40,000). The IPO was open from August 4 to August 6, 2025. Shares listed on BSE SME on August 11, 2025 at ₹90.95, a 21.3% premium to the issue price of ₹75. Skyline Financial Services Private Ltd is the registrar.
Beeline Capital Advisors Pvt Ltd is the book running lead manager.
The price band of BLT Logistics IPO is ₹71 to ₹75 per share.
The lot size of BLT Logistics IPO is 1600 shares.
The minimum investment for BLT Logistics IPO is approximately ₹2,40,000 based on the upper price band.
The allotment date of BLT Logistics IPO is Aug 7, 2025.
BLT Logistics IPO's final recorded GMP before listing was ₹24 per share (a 32% premium over the ₹75 upper price band). The shares listed at ₹90.95. GMP is unofficial and does not forecast or guarantee the actual listing price.
You can check BLT Logistics IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the BLT Logistics IPO allotment status on Rupix for quick and easy access.
₹71 to ₹75 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 1600 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,20,000. After listing, SME shares also trade in lots rather than one share at a time.
₹1,20,000, for one lot of 1600 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 4 August 2025 and closed on 6 August 2025.
The basis of allotment was published on 7 August 2025 by Skyline Financial Services Private Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 11 August 2025 on BSE SME.
The issue size was ₹9.72 crore. The fresh issue was 12,96,000 shares (aggregating up to ₹9.72 crore).