Global Ocean Logistics India IPO
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Global Ocean Logistics India IPO details
Schedule of Global Ocean Logistics India
| Issue open date | 17 Dec 2025 |
| Issue close date | 19 Dec 2025 |
| UPI mandate deadline | 19 Dec 2025 (5 PM) |
| Allotment finalization | 22 Dec 2025 |
| Refund initiation | 23 Dec 2025 |
| Share credit | 23 Dec 2025 |
| Listing date | 24 Dec 2025 |
| Mandate end date | 03 Jan 2026 |
| Lock-in end date for anchor investors (50%) | 21 Jan 2026 |
| Lock-in end date for anchor investors (remaining) | 22 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 Global Ocean Logistics India
Global Ocean Logistics India Limited is a multimodal freight forwarding and integrated logistics company founded in January 2021 and converted into a public company in December 2024. Promoted by Niraj Nandkishor Narsaria and Anand Mehta, it operates across ocean and air freight, road and rail transport, CFS solutions, customs clearance, project logistics, and 3PL services. The company works through major ports such as Nhava Sheva, Hazira, Mundra and Chennai, supported by a nationwide network in over 23 states. It handled 24,782 shipments, 73,052 TEUs, and processed over 24,000 Bills of Lading between FY 2023–25. Its business model integrates multi-modal transport using third-party providers, strong customer relationships, and an experienced in-house team. Key strengths include diversified capabilities, wide geographic reach, operational efficiency, and proven expertise in handling complex cargo.
Financials of Global Ocean Logistics India
Issue Size
| Funds Raised in the IPO | Amount |
|---|---|
| Total issue size | 30.41 |
| Fresh Issue – Proceeds go to the company | 30.41 |
Utilisation of Proceeds
| Purpose | INR crores (%) |
|---|---|
| Funding working capital requirements | 21.27 (69.97%) |
| General corporate purposes | 9.14 (30.03%) |
Strengths
- Diversified multimodal logistics services across ocean, air, road, and rail.
- Wide national presence with operations across major ports and 23+ states.
- Strong handling scale with high shipment and TEU volumes over recent years.
- Experienced in-house team enabling efficient coordination and operations.
- Established customer base with strong repeat business and long-term relationships.
Risks
- Dependence on third-party service providers may disrupt operations.
- Revenue concentration risk due to reliance on top customers.
- Absence of long-term customer contracts increases business volatility.
- High outstanding receivables create credit and cash flow risks.
- Significant dependence on Maharashtra and Gujarat for revenue.