BLT Logistics IPO

About BLT Logistics IPO

BLT Logistics IPO is a book-built issue worth ₹9.72 crore. The IPO consists entirely of a fresh issue of 12.96 lakh equity shares. The IPO opens for subscription on August 4, 2025, and closes on August 6, 2025. The allotment is expected to be finalised on August 7, 2025, with tentative listing on BSE SME scheduled for August 11, 2025.

The IPO is priced in a band of ₹71 – ₹75 per share. Retail investors must apply for a minimum of 2 lots comprising 3,200 shares, requiring an investment of ₹2,40,000 at the cutoff price. HNI investors must apply for a minimum of 3 lots (4,800 shares), amounting to ₹3,60,000.

Beeline Capital Advisors Private Limited is the book-running lead manager to the issue, and Skyline Financial Services Private Limited is the registrar.

For detailed information on company financials, business operations, and associated risks, investors are advised to refer to the BLT Logistics IPO RHP.

Industry Outlook

1. India’s logistics and warehousing sector is undergoing a significant transformation, driven by the rapid expansion of e-commerce, infrastructure development, and government-led policy reforms. The sector plays a pivotal role in facilitating trade and economic growth, contributing approximately 14% to the country’s GDP. However, it remains fragmented, with a large share dominated by unorganised players, particularly in road transport.
2. The government’s focus on improving logistics efficiency is evident through initiatives such as the National Logistics Policy (NLP), Gati Shakti programme, and the development of multimodal logistics parks. These efforts aim to reduce logistics costs, enhance last-mile connectivity, and promote the integration of technology across the supply chain.
3. Surface transport, particularly road freight, continues to be the backbone of India’s logistics network, accounting for nearly 60% of freight movement. The demand for containerised trucking solutions is rising, especially among B2B clients seeking reliable, scalable, and time-bound delivery services. This shift is further supported by the growing need for temperature-controlled and project cargo transportation.
4. Warehousing is also witnessing robust growth, with increased demand for Grade A facilities in urban and semi-urban areas. The sector is evolving from traditional godowns to integrated warehousing solutions offering inventory management, value-added services, and real-time tracking. The rise of third-party logistics (3PL) and end-to-end service providers is reshaping customer expectations, with emphasis on operational efficiency, fleet reliability, and digital integration.

BLT Logistics IPO Objectives

The company proposes to utilise the net proceeds from the IPO for the following objectives:

1. Expand fleet capacity and operational infrastructure by acquiring new containerised trucks and ancillary equipment. This investment aims to enhance the company’s transportation capabilities, improve service reliability, and support the growing demand for bulk cargo movement across India’s industrial corridors.
2. Strengthen working capital reserves to ensure uninterrupted operations, timely vendor payments, and efficient management of receivables. This will enable the company to scale its logistics and warehousing services while maintaining financial agility in a competitive market.
3. Support general corporate purposes, including administrative expenses, brand development, and strategic initiatives that reinforce the company’s market positioning and long-term sustainability.
4. Enhance corporate visibility and governance standards through public listing on the SME Platform of BSE Limited. This move is expected to foster investor confidence, improve access to capital markets, and facilitate future growth opportunities through strategic partnerships and institutional engagement.

About BLT Logistics Limited

BLT Logistics Limited was originally incorporated as BLT Logistics Private Limited on 6 September 2011 under the Companies Act, 1956. The company was subsequently converted into a public limited company and renamed BLT Logistics Limited on 9 February 2024.

The company is engaged in providing surface transportation services using containerised trucks, along with warehousing solutions for a diverse range of industries and businesses across India. Its logistics operations are supported by a combination of owned vehicles and those hired from its 99.99% subsidiary, Sabarmati Express India Private Limited, as well as third-party operators.

As of 31 March 2025, BLT Logistics operated a fleet of 106 owned vehicles with capacities ranging from 3.5 to 18 metric tonnes, in addition to 15 vehicles under its subsidiary. The company primarily serves B2B clients, offering bulk cargo movement, project cargo handling, and packing and moving services. It has also expanded into end-to-end warehousing solutions, enhancing its integrated logistics capabilities.

BLT Logistics’ operations are concentrated within India, with a significant revenue contribution from the state of Maharashtra. The company’s growth strategy is centred on fleet expansion, infrastructure development, and technology adoption to improve service efficiency and customer satisfaction.

How To Check the Allotment Status of the BLT Logistics IPO?

Steps to check IPO allotment status on Angel One’s app:

1. Log in to the Angel One app.
2. Go to the IPO Section and then to IPO Orders.
3. Select the individual IPO that you had applied for and check the allotment status.
4. Angel One will notify you of your IPO allotment status via push notification and email.

How To Apply for BLT Logistics IPO Online?

1. Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
2. Locate the IPO Section: Navigate to the 'IPO' section on the platform.
3. Select IPO: Find and select the BLT Logistics IPO from the list of open IPOs.
4. Enter the Lot Size: Specify the number of lots you want to bid for.
5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.

Contact Details of BLT Logistics IPO

Registered Office: Plot No 304 A/2, KH 14/20/1, First Floor, Patel Garden, Kakrola, South West Delhi, New Delhi – 110078, Delhi, India.

Phone: +91 11 3545 4842
E-mail: cs@bltlogistics.com

BLT Logistics IPO Reservation

Investor Category	Shares Offered
Market Maker Shares Offered	94,400 (7.28%)
QIB Shares Offered	5,98,400 (46.17%)
− Anchor Investor Shares Offered	3,58,400 (27.65%)
− QIB (Ex. Anchor) Shares Offered	2,40,000 (18.52%)
NII (HNI) Shares Offered	1,80,800 (13.95%)
Retail Shares Offered	4,22,400 (32.59%)
Total Shares Offered	12,96,000 (100.00%)

BLT Logistics IPO Lot Size

Application	Lots	Shares	Amount
Individual investors (Retail) (Min)	2	3,200	₹2,40,000
Individual investors (Retail) (Max)	2	3,200	₹2,40,000
S-HNI (Min)	3	4,800	₹3,60,000
S-HNI (Max)	8	12,800	₹9,60,000
B-HNI (Min)	9	14,400	₹10,80,000

BLT Logistics IPO Promoter Holding

The promoters of the company are Krishan Kumar and Rakesh Kumar.

Share Holding Pre-Issue	99.95%
Share Holding Post Issue	72.94%

Key Performance Indicators for BLT Logistics IPO

The market capitalisation of BLT Logistics IPO is ₹232.36 Cr. Here are the KPIs of BLT Logistics:

KPI	Value
EBITDA Margin (%)	15.85
PAT Margin (%)	6.27
Return on Equity (RoE) (%)	49.07
Return on Capital Employed (ROCE) (%)	27.66

BLT Logistics IPO Prospectus

• BLT Logistics IPO DRHP
• BLT Logistics IPO RHP

BLT Logistics IPO Registrar and Lead Managers

BLT Logistics IPO Lead Managers

• HBeeline Capital Advisors Private Limited

Registrar for BLT Logistics IPO

Skyline Financial Services Private Limited

• Contact Number: +91 11 26812682 / 83, +91 99995 89085
• Email Address: ipo@skylinerta.com

BLT Logistics IPO Registrar