Jayesh Logistics IPO is a book-built issue with a total size of ₹28.64 crore. The issue comprises an entirely fresh issue of 23,47,200 equity shares, aggregating up to ₹28.64 crore.
The IPO opens for subscription on October 27, 2025, and closes on October 29, 2025. The basis of allotment is expected to be finalized on October 30, 2025, and the shares are likely to be listed on NSE SME (Emerge platform) on November 3, 2025.
The price band for the issue is set between ₹116 and ₹122 per share, offering investors an opportunity to participate at different price points.
The lot size is 1,000 shares, with a minimum application size of 2 lots (2,000 shares), making the minimum investment for retail investors ₹2,44,000 at the upper price band. For HNI investors, the minimum investment starts at ₹3,66,000 for 3 lots (3,000 shares).
Indcap Advisors Pvt. Ltd. is acting as the Book Running Lead Manager, and Kfin Technologies Ltd. is the Registrar to the issue.
Jayesh Logistics IPO Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- Jayesh Logistics Limited has proposed a public issue of up to 23,47,200 equity shares. The funds raised through this issue will be used to strengthen operations, enhance logistics capacity, and support the company’s overall growth plans.
- Jayesh Logistics plans to invest up to ₹884.75 lakh to purchase new side wall trailers. This addition to its existing fleet of 95 trucks will expand its transportation capacity, improve delivery efficiency, and help meet increasing demand from clients.
- An estimated ₹1,123.75 lakh will be allocated to meet the company’s working capital needs. This will ensure smooth day-to-day operations, timely payment cycles, and better cash flow management as business volumes grow.
- Around ₹71.50 lakh is proposed for the second phase of the company’s in-house Smart Logistics Application, which focuses on digital transformation, route optimisation, and real-time tracking to enhance operational efficiency.
- A portion of the proceeds will be used for general corporate needs, including brand enhancement, administrative expenses, and other strategic initiatives. This allocation will not exceed 15% or ₹1,000 lakh, whichever is lower, of the gross issue proceeds.
About Jayesh Logistics Limited
Jayesh Logistics Limited, established in May 2011, is a full-service logistics provider specialising in cross-border cargo movement, particularly across the Indo-Nepal Corridor and into the Nepalese hinterland.
The company offers a range of services, including inland and cross-border cargo transport, port handling for efficient loading and unloading, and end-to-end supply chain management with warehousing and distribution solutions.
Leveraging advanced technologies like GPS tracking integrated with SAP, Jayesh Logistics ensures real-time visibility of shipments and fleet monitoring. Its proprietary SMART-SYS software combines ERP, GPS/RFID, blockchain e-POD, and AI-driven CRM to streamline and enhance fleet management operations.
The company serves diverse sectors such as FMCG and retail, automotive and heavy equipment, manufacturing and industrial goods, pharmaceuticals and healthcare, and government and PSU clients.
As of April 2025, Jayesh Logistics employed 42 permanent staff members. Its competitive strengths lie in providing technologically supported logistics solutions, catering to a wide range of industry clients, and being guided by an experienced senior leadership team with extensive industry expertise.
Industry Outlook
- The Indian logistics industry is rapidly growing, driven by e-commerce expansion, technological adoption, and increasing demand for efficient supply chains.
- The sector contributes around 14.4% to India’s GDP and employs over 22 million people, with projections to create an additional 10 million jobs by 2027.
- The market size is expected to grow from US$ 250 billion in 2021 to US$ 380 billion by 2025, registering a 10%-12% CAGR.
- Government initiatives aim to reduce logistics costs from 13-14% of GDP to 10%, boosting competitiveness and efficiency.
- Logistics networks improve connectivity, accessibility, and economic integration across regions, enabling timely delivery and smoother trade flows.
- The market is structured into point solutions (1PL, 2PL) and supply chain solutions (3PL, 4PL, integrated logistics) to address diverse business needs.
- Key advantages include supply chain efficiency, cost reduction, improved competitiveness, job creation, technological adoption, and stronger economic integration.
- Freight transportation relies heavily on road (66%), followed by rail (31%), shipping (3%), and air (1%), with sector-specific variations.
- Government initiatives such as dedicated freight corridors, multi-modal logistics parks, e-way bills, PM GatiShakti, National Logistics Policy, and LEEP aim to enhance efficiency, reduce costs, and facilitate trade.
- Digital platforms like the Parivahan portal and mParivahan app streamline administrative processes, improving logistics operations.
How To Apply for the Jayesh Logistics 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 Jayesh Logistics 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 Jayesh Logistics 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 Jayesh Logistics Limited
Jayesh Logistics Ltd.
1, Crooked Lane, 3 rd Floor, Room no. 322
Kolkata, West Bengal, 700069
Phone: +91 90387 09000
Email: info@jayeshlogistics.com
Website: https://www.jayeshlogistics.com/
Jayesh Logistics IPO Reservation
| Investor Category | Shares Offered |
| QIB Shares | Not more than 50% of the Net Issue |
| Retail Shares | Not less than 35% of the Net Issue |
| NII Shares | Not less than 15% of the Net Issue |
Jayesh Logistics IPO Lot Size Details
| Application | Lots | Shares | Amount |
| Individual investors (Retail) (Min) | 2 | 2,000 | ₹2,44,000 |
| Individual investors (Retail) (Max) | 2 | 2,000 | ₹2,44,000 |
| S-HNI (Min) | 3 | 3,000 | ₹3,66,000 |
| S-HNI (Max) | 8 | 8,000 | ₹9,76,000 |
| B-HNI (Min) | 9 | 9,000 | ₹10,98,000 |
Jayesh Logistics IPO Promoter Holding
The promoters of the company include Sanjay Kumar Kundaliya, Navita Kundaliya, Bishnu Kumar Bajaj, Rashmi Bajaj and RHMB India Private Limited (formerly known as Active Commotrade Private Limited).
| Share Holding Pre-Issue | 97.57% |
| Share Holding Post Issue | 71.22% |
Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.
Key Performance Indicators for Jayesh Logistics IPO
| KPI | Values |
| ROE (%) | 56.77 |
| ROCE (%) | 27.23 |
| RoNW (%) | 56.77 |
| PAT Margin (%) | 6.43 |
| EBITDA Margin (%) | 15.13 |
| Price to Book Value | 4.47 |
| Market Capitalisation (Cr) | ₹106.04 Cr |
Jayesh Logistics IPO Prospectus
Jayesh Logistics IPO Registrar and Lead Managers
Jayesh Logistics IPO Lead Managers
- Indcap Advisors Pvt.Ltd.
Registrar for Jayesh Logistics IPO
Kfin Technologies Ltd.
- Phone: 04067162222, 04079611000
- Email: jll.ipo@kfintech.com
- Website: https://ipostatus.kfintech.com/
Financial Performance of Jayesh Logistics Limited
| Particulars | 31 Jan 2025 | Year Ending Mar 31, 2024 | Year Ending Mar 31, 2023 | Year Ending Mar 31, 2022 |
| Assets (Cr) | ₹59.45 | ₹47.52 | ₹21.86 | ₹21.36 |
| Total Income (Cr) | ₹79.60 | ₹88.30 | ₹60.37 | ₹51.36 |
| Profit After Tax (Cr) | ₹3.73 | ₹3.16 | ₹1.09 | ₹0.96 |
| Net Worth (Cr) | ₹12.97 | ₹8.02 | ₹4.86 | ₹3.77 |
| Reserves and Surplus (Cr) | ₹6.69 | ₹7.46 | ₹4.30 | ₹3.20 |
| Total Borrowing (Cr) | ₹29.77 | ₹27.10 | ₹12.19 | ₹13.20 |
Jayesh Logistics Limited Peer Comparison
| Name of the Company | Market Capitalisation (₹ in Lakhs) | P/E Ratio | RONW (%) | NAV (₹) | Total Revenue from Operations (₹ in Lakhs) |
| Jayesh Logistics Limited | [●] | [●] | 39.44% | 142.54 | 8,825.91 |
| SJ Logistics India Ltd | 76,760.59 | 26.41 | 20.18% | 77.36 | 27,086.02 |
| AVG Logistics Limited | 38,806.56 | 9.79 | 36.82% | 58.96 | 47,988.86 |
| Ritco Logistics Limited | 82,051.03 | 21.72 | 6.63% | 64.74 | 93,330.27 |
Strengths and Opportunities of Jayesh Logistics Limited
- SMART-SYS integrates ERP, GPS/RFID tracking, blockchain e-POD tokens, and AI-driven CRM for automation, real-time tracking, and cost-efficient logistics operations.
- Serves multiple industries, including iron & steel, cement, heavy machinery, construction, and infrastructure equipment, reducing dependency on a single sector.
- Holds ISO 9001:2015 (Quality Management) and ISO 14001:2015 (Environmental Management), demonstrating commitment to high service standards.
- Promoters have over 13 years of industry experience, providing strong market knowledge, client relationships, and operational expertise.
- Upcoming integration of AI, ML, big data analytics, and customer dashboards will enhance operational efficiency, predictive planning, and client engagement.
- Collaborates with verified third-party fleet operators to handle high-demand periods while maintaining in-house operational control.
- Technology-driven model and strategic partnerships allow the company to efficiently scale operations and meet growing logistics demand.
- Positioned to benefit from the expanding Indian logistics sector, digital transformation, and increasing demand for end-to-end supply chain solutions.
Risks and Threats of Jayesh Logistics Limited
- Directors and promoters are involved in tax proceedings. Adverse outcomes could result in penalties and affect the company’s reputation and financial standing.
- The company may face legal claims related to medical negligence, contracts, employment, personal injury, or property damage. Any unfavorable decision could impact operations and finances.
- A significant portion of revenue comes from the India-Nepal corridor and Eastern India. Adverse developments in these regions—such as political instability, infrastructure issues, or economic slowdown—could negatively impact revenue.
- Expanding into new regions may expose the company to competition from local and national players with stronger presence, relationships, or financial capacity.
- The business is highly working capital-intensive. Delays in fund availability, cash flow shortages, or unfavourable financing terms could adversely affect operations, profitability, and growth.
- Operations depend heavily on road networks. Political unrest, natural calamities, vehicle breakdowns, accidents, or driver issues could disrupt transportation, increase costs, or harm reputation.
- A few suppliers contribute significantly to procurement needs. Loss of key suppliers or inability to maintain supply quality could disrupt operations and affect revenue.
- The corporate office is leased, and future relocation or unfavourable terms may disrupt operations or increase costs.
