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Sunsky Logistics SME IPO

Sunsky Logistics came to market through an SME IPO that opened on 30 September 2025 and closed on 3 October 2025, and the shares listed on 8 October 2025 on BSE SME. The price band was ₹46 per share and one lot was 3000 shares, so the minimum application was ₹1,38,000. The issue size was ₹16.84 crore. The whole issue was fresh shares, so the money raised went to the company.

Kfin Technologies Ltd was the registrar to the issue, and Nirbhay Capital Services Pvt.Ltd was the lead manager.

Issue details

Issue type
Book Built Issue
Price band
₹46
Lot size
3000 shares
Minimum investment
₹1,38,000
Face value
₹2 per share
Issue size
₹16.84 crore
Fresh issue
36,60,000 shares (aggregating up to ₹16.84 crore)
Listing at
BSE SME
Registrar
Kfin Technologies Ltd
Lead managers
Nirbhay Capital Services Pvt.Ltd
Promoter holding before the issue
95%
Promoter holding after the issue
67.05%

Timeline

Opens
30 September 2025
Closes
3 October 2025
Allotment
6 October 2025
Listing
8 October 2025

Subscription status by day

As of 3 October 2025.

Day
1
2
3

About Sunsky Logistics

Registered in July 05, 2020, Sunsky Logistics Ltd is a one-stop logistics solution provider.It provides third-party logistics services such as freight forwarding, cargo handling, door-to-door delivery, multi-transport operators, and custom clearance services. In 2021, it acquired a Multimodal Transport Operator (MTO) license. It provides multimodal transportation services by rail, air, road, and sea.It is a member of World Shipping Alliance (WSA) and Bling Logistics Network Inc (Bling).

It has received a certificate of Ocean Transportation Intermediary (OTI) ocean freight by the Federal Maritime Commission (FMC) in 2022 It also provides handling services of project cargo. In fiscal year 2025, it has handled services in various countries like USA, Uganda, UAE, Oman, Guatemala, Australia, and Iraq.

As described in the offer document.

Objects of the issue

  • Purchase of Flatbed Trailers
  • Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company.
  • To meet the working capital requirement
  • General Corporate Purpose

Financials (₹ crore)

Metric31-Jul-2531-Mar-2531-Mar-2431-Mar-23

Promoters

Akash A Shah, Shah Vaibhavi Akash. Promoter holding 95% before the issue and 67.05% after.

Application sizes

Individual (min)
2 lots, 6000 shares, ₹276000
Individual(max)
2 lots, 6000 shares, ₹276000
sHNI(min)
3 lots, 9000 shares, ₹414000

Valuation

EPS Pre IPO
₹16.84
EPS Post IPO
₹16.84
P/E Pre IPO
15.6
P/E Post IPO
13.91
ROE
79.42%
ROCE
59.34%
RoNW
57.16%
PAT Margin
11.74%
Debt/Equity
0.45
Price/Book
8.91

Registrar and allotment status

Registrar
Kfin Technologies Ltd
Allotment status
https://ipostatus.kfintech.com/
Phone
04067162222, 04079611000
Email
sunsky.ipo@kfintech.com

Work out the listing gain for this SME IPO

How allotment works

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.

What happens on listing day

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.

Questions about the Sunsky Logistics SME IPO

What is Sunsky Logistics IPO?

Sunsky Logistics IPO was a ₹16.84 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹46 per share with a lot size of 3,000 shares; the minimum retail application was 6,000 shares (₹2,76,000). The IPO was open from September 30 to October 3, 2025 and was subscribed 1.52x. Shares listed on BSE SME on October 8, 2025 at ₹51, a 10.9% premium to the issue price of ₹46. Kfin Technologies Ltd. is the registrar.

Nirbhay Capital Services Pvt. Ltd. is the book running lead manager.

What is the price band of Sunsky Logistics IPO?

The issue price of Sunsky Logistics IPO is ₹46 per share (fixed price).

What is the lot size of Sunsky Logistics IPO?

The lot size of Sunsky Logistics IPO is 3000 shares.

What is the minimum investment for Sunsky Logistics IPO?

The minimum investment for Sunsky Logistics IPO is approximately ₹2,76,000 based on the issue price.

What is the allotment date of Sunsky Logistics IPO?

The allotment date of Sunsky Logistics IPO is Oct 6, 2025.

How to check Sunsky Logistics IPO allotment status?

You can check Sunsky Logistics IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Sunsky Logistics IPO allotment status on Rupix for quick and easy access.

What was the price band of the Sunsky Logistics SME IPO?

₹46 per share, against a face value of ₹2. 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.

What was the lot size of the Sunsky Logistics SME IPO?

One lot was 3000 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,38,000. After listing, SME shares also trade in lots rather than one share at a time.

What was the minimum investment in the Sunsky Logistics SME IPO?

₹1,38,000, for one lot of 3000 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.

When did the Sunsky Logistics SME IPO open and close?

It opened on 30 September 2025 and closed on 3 October 2025.

When was the allotment of the Sunsky Logistics SME IPO?

The basis of allotment was published on 6 October 2025 by Kfin Technologies Ltd, and allotted shares were credited to demat accounts before listing.

When did Sunsky Logistics list on BSE SME?

The shares listed on 8 October 2025 on BSE SME.

How large was the Sunsky Logistics SME IPO?

The issue size was ₹16.84 crore. The fresh issue was 36,60,000 shares (aggregating up to ₹16.84 crore).