IPO

IPO Synopsis

GB Logistics Commerce Ltd
The issue comprise of a public issue of 24,57,600 equity shares of face value of Rs. 10/- each fully paid (the "Equity Shares") for cash at a price of Rs. [*]/- per equity shares (including a premium of Rs. [*]/- per equity share) aggregating to Rs. [*]/- crores ("The Issue") by the company. The issue comprises a reservation of which 1,23,600 equity shares of Rs. 10/- each will be reserved for subscription by market maker reservations portion and a net issue to the public of 23,34,000 equity shares of Rs. 10/- each is hereinafter referred to as the net issue. The issue and the net issue will constitute 29.99% and 28.48% respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 95 to Rs. 102 per equity share of face value of Rs. 10 each. The Floor price and Cap price are 9.5 times and 10.20 times the face value of the equity shares respectively. Bids can be made for a minimum of 1200 equity shares and in multiple of 1200 equity shares thereafter.
Issue
Opens On Closes On
24-Jan-25 28-Jan-25
Money Payable On
Application Allotment
95.00 0.00
Minimum Application for shares in Nos : 1200 Further Multiples of : 1200
Cr Lead Managers to the Issue
Project Cost (.Cr) 0.00 SKI Capital Services Ltd
Project Financed through Current Offer (.Cr) 23.35  
Post Issue Equity Share Capital (.Cr) 8.19
Issue Price () 95.00
Projects
Prepayment or repayment of a portion of certain outstanding borrowings availed by the company
Working capital requirements
Funding expenditure towards purchase of track chassis and truck bodies
General corporate purposes
Promoted By
Prashant Natwarlal Lakhani
Listing At
BSE - SME
Registrar to the Issue
Maashitla Securities Pvt Ltd