Revolutionize Your Investments: IPO Launches Jan 24, 2025!

GB Logistics Commerce Limited IPO Opens On 24th January 2025

GB Logistics Commerce Limited, a prominent player in the logistics sector, has made a significant announcement. The company is all set to go public with an Initial Public Offering (IPO) on January 24, 2025, with the aim of raising ₹25.07 Crores. The shares will be listed on the BSE SME platform, marking a crucial milestone in the company’s journey.

Contextual Overview

The logistics industry in India is witnessing rapid growth and evolution, driven by factors such as industrialization, infrastructure development, and technological advancements. Companies like GB Logistics are capitalizing on these opportunities to expand their operations and enhance their market presence, especially in the full truckload freight services segment.

Equity Share Allocation

• QIB Anchor Portion – Up to 6,99,600 Equity Shares
• Qualified Institutional Buyers (QIB) – Up to 4,66,800 Equity Shares
• Non-Institutional Investors (NII) – Not less than 3,50,400 Equity Shares
• Retail Individual Investors (RII) – Not less than 8,17,200 Equity Shares
• Market Maker – Up to 1,23,600 Equity Shares

  Utilization of Proceeds

  The net proceeds from the IPO will primarily be used for prepayment or repayment of a portion of certain outstanding borrowings, working capital requirements, expenditure towards the purchase of truck chassis & truck bodies, and general corporate purposes. This strategic allocation of funds reflects GB Logistics’ commitment to strengthening its operational capabilities and enhancing profitability.

  Conclusion

  In conclusion, GB Logistics Commerce Limited’s IPO signifies a significant step forward in the company’s growth trajectory. By leveraging the IPO proceeds to repay borrowings and invest in key infrastructure, the company is poised to expand its operations, increase market presence, and solidify its corporate identity in the competitive logistics industry.

  Frequently Asked Questions

  1. What is the issue size of GB Logistics Commerce Limited’s IPO?
     • The issue size is Up To 24,57,600 equity shares at a face value of ₹10 each.
  2. What are the key utilization areas of the IPO proceeds?
     • The IPO proceeds will be primarily used for prepayment or repayment of outstanding borrowings, working capital requirements, and investment in truck chassis & bodies.
  3. When will the IPO open for public subscription?
     • The IPO will open for public subscription on January 24, 2025, and will close on January 28, 2025.
  4. Who is the Book Running Lead Manager to the Issue?
     • SKI Capital Services Limited is the Book Running Lead Manager to the Issue.
  5. What are the key sectors of focus for GB Logistics Commerce Limited?
     • GB Logistics is focused on full truckload freight services across India, utilizing proprietary and third-party logistics solutions.
  6. How will the IPO proceeds contribute to GB Logistics’ growth strategy?
     • The IPO proceeds will support the company’s plans to expand operations, enhance market presence, and strengthen its logistics capabilities.
  7. What role does Mr. Prashant N Lakhani play in GB Logistics Commerce Limited?
     • Mr. Prashant N Lakhani is the Managing Director of GB Logistics Commerce Limited, leading the company’s strategic initiatives and operational growth.
  8. How does the IPO of GB Logistics signal growth opportunities in the logistics industry?
     • The IPO reflects the evolving landscape of the logistics industry in India, offering growth opportunities for companies like GB Logistics within the full truckload freight services segment.
  9. Who is Partner Investment Banking of SKI Capital Services Limited?
     • Mr. Ghanisht Nagpal serves as the Partner Investment Banking of SKI Capital Services Limited, overseeing the financial aspects of the IPO and strategic investments.
  10. How can stakeholders engage with GB Logistics Commerce Limited post-IPO?
      • Stakeholders can participate in the company’s growth journey by staying updated on operational developments, market expansions, and corporate initiatives.

        Tags: GB Logistics Commerce Limited, IPO, Logistics sector, BSE SME platform, SKI Capital Services Limited, Maashitla Securities Private Limited, Prashant N Lakhani, Ghanisht Nagpal, full truckload freight services, India, investment, growth, operational capabilities, market presence.

        Disclaimer: This article is for informational purposes only and does not constitute financial advice. Readers are advised to consult with a qualified financial advisor before making any investment decisions. "5 Key Strategies for Growing Your Startup in a Competitive Market"

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