BLT Logistics IPO
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Schedule of BLT Logistics
| Issue open date | 04 Aug 2025 |
| Issue close date | 06 Aug 2025 |
| UPI mandate deadline | 06 Aug 2025 (5 PM) |
| Allotment finalization | 07 Aug 2025 |
| Refund initiation | 08 Aug 2025 |
| Share credit | 08 Aug 2025 |
| Listing date | 11 Aug 2025 |
| Mandate end date | 21 Aug 2025 |
| Lock-in end date for anchor investors (50%) | 06 Sep 2025 |
| Lock-in end date for anchor investors (remaining) | 05 Nov 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About BLT Logistics
BLT Logistics, incorporated in 2011, provides surface transportation and warehousing services across India. The company operates a fleet of 106 vehicles with capacity ranging from 3.5MT to 18MT, supplemented by 15 vehicles through its 99.99% subsidiary Sabarmati Express India Private Limited. BLT offers containerised truck transportation, warehousing solutions, and related logistics services primarily to B2B customers. The company maintains warehouses in Delhi, Thane, Gurugram, Hooghly, Ambala, and Bengaluru, serving clients in electronics, retail, food and confectionery, and wholesale trading sectors. As of March 31, 2025, BLT serves over 200 clients and holds ISO 9001:2015 certification for its quality management systems.
Financials of BLT Logistics
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹9.72 crores |
| Fresh Issue | ₹9.72 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Funding capital expenditure requirement of our company towards purchase of trucks (“Vehicles”) and ancillary equipment (“Equipment”) | 3.88 (39.91%) |
| Working capital requirements | 2.80 (28.80%) |
| General corporate purposes |
Strengths
- Business operations with a track record of over 13 years in the logistics sector
- Established relationships with a diverse customer base of over 200 clients across multiple industries
- Comprehensive range of logistics services including transportation, warehousing, and cargo handling solutions
- Promoter experience with combined industry knowledge of more than 25 years in logistics operations
Risks
- Revenue concentration risk from dependence on a few major customers
- Supplier dependency risk affecting business continuity
- Repayment risk from unsecured loans payable on demand
- Dividend payments dependent on future profits and loan agreement terms