The Global Ocean Logistics IPO is a book-built issue worth ₹30.41 crore and consists entirely of a fresh issue of 0.39 crore shares. The IPO will open for subscription on December 17, 2025, and close on December 19, 2025. The allotment is expected to be finalised on December 22, 2025, while the shares are likely to be listed on the BSE SME platform on December 24, 2025.
The IPO price band is fixed at ₹74 to ₹78 per share. The lot size is 1,600 shares. Retail investors must apply for at least 2 lots (3,200 shares), requiring a minimum investment of ₹2,49,600 at the upper price band. HNI investors need to apply for a minimum of 3 lots (4,800 shares), amounting to ₹3,74,400.
Marwadi Chandarana Intermediaries Brokers Pvt. Ltd. is the book-running lead manager, Kfin Technologies Ltd. is the registrar, and Mansi Share & Stock Broking Pvt. Ltd. is the market maker.
Global Ocean Logistics India IPO Objectives
- A significant portion of the Net Proceeds, up to ₹2,126.85 lakh, will be utilised to meet the Company’s incremental working capital requirements for Fiscal 2026 and Fiscal 2027, supporting day-to-day operations and business growth.
- The infusion of funds will enhance liquidity by supplementing existing internal accruals and borrowing facilities, enabling the Company to efficiently manage receivables, payables, and operational expenses in the normal course of business.
- A part of the Net Proceeds will be used for general corporate purposes, including strengthening business capabilities and administrative requirements, subject to a maximum of 15% of the Gross Proceeds or ₹10 crore, whichever is lower.
About Global Ocean Logistics India
The company is a freight forwarding and logistics service provider offering end-to-end, multi-modal logistics solutions. Its services include ocean freight forwarding (including ODC cargo), road and rail transportation, air freight forwarding, container freight station (CFS) services, customs clearance, project logistics, and third-party logistics (3PL).
The company operates through major Indian ports such as Nhava Sheva, Mundra, Chennai, Hazira, Tumb and Pune, with pan-India presence across 23 states and union territories. Following an asset-light business model, it leverages a strong global network of over 20,000 agents to serve customers across 263 ports worldwide.
The company is supported by experienced leadership, skilled personnel, and has key industry certifications. It delivers scalable, reliable, and customised logistics solutions to importers and exporters across international markets.
Industry Outlook
- The Indian logistics market is expected to grow at a healthy 8–9% CAGR through FY28, supported by government initiatives such as the National Logistics Policy, near-completion of Dedicated Freight Corridors, port privatization, and continued investments in road, rail, and inland waterways.
- Structural reforms like GST, e-way bills, and multimodal infrastructure development are set to rebalance the modal mix and reduce logistics costs from 14% of GDP towards global benchmarks of 8–9%, enhancing competitiveness and operational efficiency.
- Rapid growth in e-commerce, domestic express logistics (14% CAGR), and the expanding LTL segment (10% CAGR) is expected to favor organised, asset-light, and technology-enabled logistics players with integrated service offerings.
How to Apply for the Global Ocean Logistics India IPO Online?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the Global Ocean Logistics India IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
How to Check the Allotment Status of Global Ocean Logistics India IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
Contact Details of Global Ocean Logistics India IPO
Office Address: C-101, Business Square, Andheri Kurla Road, Andheri-East, Mumbai, Maharashtra, 400093
Phone: +91 22 4877 8888
Email: cs@globalocean.in
Global Ocean Logistics India IPO Reservation
| Investor Category | % of Shares Offered |
| Market Maker | 5.01% |
| QIB | 47.44% |
| NII (HNI) | 14.28% |
| Retail | 33.28% |
| Total | 100.00% |
Global Ocean Logistics India IPO Lot Size Details
| Application | Lots | Shares | Amount (₹) |
| Individual Investors (Retail) Min | 2 | 3,200 | 2,49,600 |
| Individual Investors (Retail) Max | 2 | 3,200 | 2,49,600 |
| S-HNI (Min) | 3 | 4,800 | 3,74,400 |
| S-HNI (Max) | 8 | 12,800 | 9,98,400 |
| B-HNI (Min) | 9 | 14,400 | 11,23,200 |
Global Ocean Logistics India IPO Promoter Holding
Anand Mehta and Niraj Nandkishor Narsaria are the promoters of the company.
| Promoter Details | Shareholding |
| Promoter Holding (Pre-Issue) | 82% |
| Promoter Holding (Post-Issue) | To be updated |
Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.
Key Performance Indicators for Global Ocean Logistics India
| KPI (Unit) | Fiscal 2025 |
| EBITDA Margin (%) | 4.93% |
| PAT Margin (%) | 3.58% |
| Revenue Growth (Y-o-Y %) | 86.45% |
| Return on Assets (%) | 19.35% |
| Export Revenue (%) | 3.11% |
Global Ocean Logistics India IPO Prospectus
Global Ocean Logistics India IPO Registrar and Lead Managers
Global Ocean Logistics India IPO Lead Managers
Marwadi Chandarana Intermediaries Brokers Pvt.Ltd.
Registrar for Global Ocean Logistics India IPO
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: globalocean.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Financial Performance of Global Ocean Logistics India
| Financial Metric (Unit) | Fiscal 2025 | Fiscal 2024 | Fiscal 2023 |
| Revenue from Operations (₹ in Lakhs) | 19,055.91 | 10,220.24 | 18,900.95 |
| EBITDA (₹ in Lakhs) | 939.59 | 395.54 | 477.73 |
| PAT – Profit After Tax (₹ in Lakhs) | 681.51 | 263.35 | 382.59 |
| TEU – Operational KPI (Actual) | 29,094 | 21,597 | 22,361 |
| Number of Shipments (Actual) | 10,384 | 7,288 | 7,110 |
Global Ocean Logistics India Peer Comparison
| Company | EPS (₹) | P/E Ratio | RONW (%) | Total Revenue (₹ Lakhs) |
| Global Ocean Logistics Limited | 6.98 | [●] | 39.19% | 19,055.91 |
| SJ Logistics India Ltd | 35.76 | 12.05 | 24.13% | 33,119.72 |
| Blue Water Logistics Limited | 13.34 | 12.07 | 41% | 19,618.04 |
| Tiger Logistics Limited | 2.55 | 15.09 | 22% | 53,630.50 |
Strengths and Opportunities for Global Ocean Logistics India IPO
- The company served nearly 522 customers in 2024-25.
- As of September 2025, top 10 customers account for nearly 48.55% of revenue.
- The company’s asset-light business model reduces capital expenditure and operational risks.
- By leveraging a vast network of 20,000+ agents globally, the company enjoys large scale and service flexibility.
- The company offers multimodal logistics service through waterways, airways, CFS, and rodaways.
Risks and Threats for Global Ocean Logistics India IPO
- Highly dependent on third-party providers; service delays could disrupt operations, impacting cash flows.
- Top ten customers contributed 48.55% revenue, loss may affect profitability significantly.
- Clients concentrated in Chemical, Textiles, Machinery; industry downturns could reduce revenues materially.
- No long-term agreements with customers; order cancellations may cause financial uncertainty.
- Trade receivables of ₹3,313.11 lakh; delayed payments may affect liquidity and operations.
