Pooja Logistics IPO
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Pooja Logistics IPO details
Schedule of Pooja Logistics
| Issue open date | 23 Sep 2026 |
| Issue close date | 25 Sep 2026 |
| UPI mandate deadline | 25 Sep 2026 (5 PM) |
| Allotment finalization | 28 Sep 2026 |
| Refund initiation | 29 Sep 2026 |
| Share credit | 29 Sep 2026 |
| Listing date | 30 Sep 2026 |
| Mandate end date | 10 Oct 2026 |
| Lock-in end date for anchor investors (50%) | 27 Oct 2026 |
| Lock-in end date for anchor investors (remaining) | 26 Dec 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 Pooja Logistics
Pooja Logistics provides temperature-controlled logistics services, specializing in the transportation of perishable goods across India. The company operates a network of refrigerated trucks, known as reefers, to support the supply chain requirements of the fast-moving consumer goods and general logistics sectors. Revenue is primarily generated by charging freight rates for the movement of these temperature-sensitive shipments, with contract pricing often adjusted for fuel and refrigeration cost variations. The company’s business model utilizes a combination of an in-house fleet, which comprises over four hundred GPS-enabled refrigerated vehicles, and a network of hired vehicles sourced from third-party fleet owners and independent agents. Pooja Logistics focuses on maintaining specific transit temperatures to prevent cargo spoilage and ensure product integrity from origin to destination. Operations are heavily concentrated in regions such as Delhi, Haryana, Maharashtra, and Uttar Pradesh, enabling the company to manage continuous cold chain transportation and safe deliveries.
Financials of Pooja Logistics
Issue size
| Funds Raised in the IPO | Amount (₹ crores) |
| Total issue size | 44.23 |
| Fresh Issue – Proceeds go to the company | 44.23 |
Utilisation of Proceeds
| Purpose | INR crores (%) |
|---|---|
| Purchase of commercial refrigerated vehicles | 33.97 (76.80%) |
| General Corporate Purposes | 10.26 (23.20%) |
Strengths
- Established presence with a diverse customer base primarily in the FMCG sector.
- Strategic combination of an in-house fleet of 424 vehicles and hired third-party trucks.
- Consistent improvement in profit after tax margins over the last three financial years.
- Pan-India temperature-controlled transportation network ensuring supply chain efficiency.
- Dedicated management team possessing significant logistics industry experience.
Risks
- Top 10 customers generate 68.15% of total revenue, creating high dependency.
- High revenue concentration in the FMCG sector increases vulnerability to industry downturns.
- Inability to pass on rising fuel and refrigeration costs could negatively impact profitability.
- Substantial outstanding indebtedness of ₹2,900.23 lakhs creates significant debt service obligations.
- Business operations are geographically concentrated in Delhi, Haryana, Maharashtra, and Uttar Pradesh.