Neptune Logitek IPO
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Neptune Logitek IPO details
Schedule of Neptune Logitek
| Issue open date | 15 Dec 2025 |
| Issue close date | 17 Dec 2025 |
| UPI mandate deadline | 17 Dec 2025 (5 PM) |
| Allotment finalization | 18 Dec 2025 |
| Refund initiation | 19 Dec 2025 |
| Share credit | 19 Dec 2025 |
| Listing date | 22 Dec 2025 |
| Mandate end date | 01 Jan 2026 |
| Lock-in end date for anchor investors (50%) | 17 Jan 2026 |
| Lock-in end date for anchor investors (remaining) | 17 Mar 2026 |
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 Neptune Logitek
Neptune Logitek Limited is an integrated logistics solutions provider with over 13 years of experience. Established in 2012 and rebranded in 2022, the company became a public limited entity in 2024. It is led by promoters Mr Ankit Shah and Mrs Reema Ankit Shah, who bring strong expertise in finance, strategy, operations, HR, and technology.
The company operates through a pan-India network, supported by nine branches across major logistics hubs. Its services span freight forwarding and customs clearance, air freight and courier operations, multimodal coastal movement, road transportation, and rail cargo handling.
Neptune Logitek follows an asset-based business model with a large fleet, leased vehicles, and a dedicated maintenance branch. Technology is central to its operations, with GPS-enabled fleet management, real-time tracking, and predictive analytics enhancing efficiency.
Strong service integration, regional presence, and customer-centric solutions position Neptune Logitek as a reliable logistics partner.
Financials of Neptune Logitek
Issue size
| Funds Raised in the IPO | Amount |
| Total issue size | 46.62 |
| Fresh Issue – Proceeds go to the company | 46.62 |
Utilisation of proceeds
| Purpose | INR crores |
| Purchase of Trucks & Ancillary Equipment | 33.95 (73.15%) |
| Repayment of Loan | 2 (4.31%) |
| General Corporate Purposes | 10.68 (22.58%) |
Strengths
- Integrated logistics services across air, road, rail, and coastal networks.
- Strong pan-India presence with nine strategically located branches.
- Asset-based model with a large and expanding fleet ensuring service reliability.
- Technology-driven operations with GPS tracking and predictive analytics.
- Experienced promoter-led management with deep industry expertise.
Risks
- High dependence on fleet and fuel costs, impacting margins.
- Exposure to regulatory changes in customs, transport, and trade compliance.
- Dependence on a limited number of top suppliers for key operations.
- Operational risks from vehicle downtime, maintenance, and logistics delays.
- Increased competition in the logistics sector is affecting pricing and growth.
Allotment Status for Neptune Logitek
To check your IPO allotment status:
- Visit the Bigshare Services IPO Application Status page.
- Select the company name from the dropdown menu.
- Select and enter one of the following: PAN, Application Number, DP/Client ID, or Account Number/IFSC.
- Click Submit to view your allotment status
Subscription Figures for Neptune Logitek
As per media reports (Link), the Grey Market Premium (GMP) of Neptune Logitek is reported at ₹30 over the IPO price. This metric is not reliable, and to track IPO interest, it is better to check subscription numbers published by exchanges, which are considered more reliable indicators.
Subscription numbers as of 05:00 PM on December 17, 2025:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| NII | 17.57 | 5.68 | 0.32x |
| Retail | 17.57 | 50.92 | 2.90x |
| Total | 35.15 | 56.60 | 1.61x |