Neptune Logitek Consulting IPO is a fixed price issue of ₹46.62 crores. The issue is entirely a fresh issue of 0.37 crore shares. The IPO opens for subscription on December 15, 2025, and will close on December 17, 2025.
The basis of allotment is expected to be finalised on December 18, 2025, and the shares are likely to be listed on BSE SME on December 22, 2025. The price band for the issue is set between ₹126 per share, offering investors an entry at different levels.
The minimum application size is 1,000 shares, making the minimum investment for retail investors ₹2,52,000 at the upper band.
Galactico Corporate Services is acting as the book running lead manager, while Bigshare Services Private Limited has been appointed as the registrar to the issue. Asnani Stock Broker Private Limited is serving as the market maker for this IPO.
Neptune Logitek Consulting IPO Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- Funds will be used for Funding capital expenditure requirement of the company towards Purchase of trucks and ancillary equipment.
- Funding will be utilised towards Repayment of Loan.
- Remaining funds will be used for general corporate purposes.
About Neptune Logitek Consulting Limited
Neptune Logitek Limited is a logistics services provider headquartered in Gandhidham, Gujarat. The company was originally incorporated as Amardeep Logistics Private Limited on 2 March 2012 under the Companies Act, 1956.
It later adopted the name Neptune Logitek Private Limited following shareholder approval in March 2022, with the updated certificate of incorporation issued in April 2022. In October 2024, the organisation transitioned from a private to a public limited company. After this change, it was renamed Neptune Logitek Limited, with revised registration formalised in November 2024.
Over more than thirteen years of operations, Neptune Logitek Limited has developed a range of transport and logistics capabilities supported by a national network and an asset-based operating model. Its activities span multiple segments, including freight forwarding and customs clearance for imports and exports, air freight and courier handling, multimodal coastal forwarding, and road and rail transportation.
As of the date referenced, the company maintains its head office and nine branch offices across India, one of which is dedicated to fleet repair and maintenance to ensure vehicle availability and consistent service standards.
Neptune Logitek Limited owns and leases commercial vehicles and also works with business partners to supplement its fleet when operational demand requires it. The company further operates a captive petrol pump with a storage capacity of 60 kilolitres, supported by a Class B licence from the Petroleum and Explosives Safety Organisation, enabling better management of fuel usage and operating costs.
Technology plays a significant role in the company’s service delivery. Its fleet is equipped with GPS tracking, real-time monitoring tools, and engine control features, while digital systems support route optimisation, predictive analytics, and automated workflow management.
The company’s strategic direction is guided by its promoters, Mr Ankit Shah, who oversees financial and strategic functions, and Mrs Reema Ankit Shah, who manages human resources, information technology, and administrative functions.
Industry Outlook
- India’s logistics industry is expected to expand steadily over the next five years, supported by industrial growth, infrastructure upgrades, policy reforms and rising e-commerce activity. Market size projections indicate an increase from USD 354.0 billion in FY 2024 to around USD 450.0 billion by FY 2029.
- Ongoing infrastructure modernisation is a key growth driver, with national initiatives such as the PM Gati Shakti Master Plan aiming to coordinate infrastructure development across ministries. This integrated approach is improving multimodal connectivity and reducing duplication in project planning.
- Large-scale investments in highways under the Bharatmala programme, new dedicated freight corridors, port upgrades through Sagarmala and airport expansion under UDAN are improving the reliability and speed of goods movement.
- The sector is undergoing rapid digital advancement through wider use of IoT devices, AI-driven solutions, blockchain-based systems and cloud platforms. These technologies support real-time tracking, predictive maintenance, improved inventory control and greater transparency across supply chains.
- Blockchain applications are helping reduce documentation errors and fraudulent activities, while AI-enabled route optimisation is assisting in lowering fuel use and delivery durations. Government-led digital initiatives, such as the e-Way bill framework, have also strengthened compliance and reduced administrative delays.
- Policy measures have played an important role in reshaping logistics operations. The introduction of GST simplified indirect taxation, removed inter-state checkpoints and enabled companies to build more efficient distribution networks with consolidated warehousing.
- The National Logistics Policy, announced in 2022, aims to enhance logistics performance, reduce overall logistics costs and encourage sector-wide efficiency improvements.
- Growth in India’s e-commerce sector continues to be a major catalyst for logistics demand.
- Higher internet usage, wider smartphone adoption and expanding digital payment infrastructure have accelerated online retail activity, increasing the requirement for faster and more reliable fulfilment solutions across urban and rural markets.
How To Apply for the Neptune Logitek Consulting 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 Neptune Logitek Consulting 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 Neptune Logitek Consulting 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 Neptune Logitek Consulting Limited
Registered office: BBZ-N-62/A, WARD 12/A Gandhidham, Kachchh, Gujarat, 370201
Phone: +91 9737658111
Email: cs@neptunelogitek.com
Neptune Logitek Consulting IPO Reservation
| Investor Category | Shares Offered |
| Market Maker Shares Offered | 1,85,000 (5.00%) |
| NII (HNI) Shares Offered | 17,57,500 (47.50%) |
| Retail Shares Offered | 17,57,500 (47.50%) |
| Total Shares Offered | 37,00,000 (100.00%) |
Neptune Logitek Consulting IPO Lot Size Details
| Application | Lots | Shares | Amount |
| Individual investors (Retail) (Min) | 2 | 2,000 | ₹2,52,000 |
| Individual investors (Retail) (Max) | 2 | 2,000 | ₹2,52,000 |
| HNI (Min) | 3 | 3,000 | ₹3,78,000 |
Neptune Logitek Consulting IPO Promoter Holding
The promoters of the company include Mr. Ankit Devidas Shah and Mrs. Reema Ankit Shah.
| Share Holding Pre-Issue | 99.99% |
| Share Holding Post Issue | 72.99% |
Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.
Key Performance Indicators for Neptune Logitek Consulting IPO
| KPI | Values |
| ROE | 14.89% |
| ROCE | 21.25% |
| Debt/Equity | 2.91 |
| RoNW | 45.89% |
| PAT Margin | 3.56% |
| EBITDA Margin | 8.31% |
| Price to Book Value | 6.32 |
| Market Capitalization | ₹172.62 Cr. |
Neptune Logitek Consulting IPO Registrar and Lead Managers
Neptune Logitek Consulting IPO Lead Managers
- Galactico Corporate Services
Registrar for Neptune Logitek Consulting IPO
Cameo Corporate Services Limited
- Phone: +91-22-6263 8200
- Email: info@bigshareonline.com
- Website: https://ipo.bigshareonline.com/IPO_Status.html
Financial Performance of Neptune Logitek Consulting Limited
| Particulars | March 31, 25 | March 31, 2024 | March 31, 2023 |
| Assets (in ₹ crore) | 119.25 | 95.24 | 74.51 |
| Total Income (in ₹ crore) | 260.74 | 175.76 | 187.71 |
| Profit After Tax (in ₹ crore) | 9.16 | 0 | -0.18 |
| EBITDA (in ₹ crore) | 21.38 | 9.74 | 5.55 |
| Net Worth (in ₹ crore) | 19.95 | 10.79 | 10.79 |
| Reserves & Surplus (in ₹ crore) | 9.95 | 9.79 | 9.79 |
| Total Borrowing (in ₹ crore) | 58 | 62.48 | 38.2 |
Neptune Logitek Consulting Limited Peer Comparison
| Name of Company | EPS (₹) Basic/Diluted | RONW (%) | Book Value per Share (₹) | Total Income (₹ in lakhs) | NAV per Share (₹) |
| Neptune Logitek Limited | 9.16 | 45.89% | 19.95 | 26,074.41 | 19.95 |
| S J Logistics (India) Limited | 8.92 | 10.85% | 64.11 | 15,122.27 | 64.11 |
| Tejas Cargo India Limited | 7.59 | 23.85% | 53.34 | 42,258.56 | 31.85 |
| Tiger Logistics (India) Limited | 12.27 | 11.70% | 10.48 | 24,413.51 | 10.4 |
Strengths and Opportunities of Neptune Logitek Consulting Limited
- The logistics sector is expanding due to continued growth in e-commerce
- Upgrades in highways, rail networks and trade routes are improving connectivity
- Digital technologies such as AI and IoT are supporting supply chain optimisation
- GST implementation is reducing interstate delays and improving freight movement
- Cold-chain logistics demand is rising, particularly for pharmaceuticals and perishables
- Increasing shift towards 3PL and 4PL models is creating outsourcing opportunities
- Government initiatives such as the National Logistics Policy are supporting cost reduction
- Infrastructure programmes including dedicated freight corridors and port upgrades are enhancing multimodal transport efficiency
Risks and Threats of Neptune Logitek Consulting Limited
- Logistics costs in India remain higher than global benchmarks
- Infrastructure gaps, especially in rural regions, restrict efficient last-mile delivery
- Fragmentation in the industry leads to operational inefficiencies
- Complex and overlapping regulatory requirements increase compliance burden
- Rising fuel costs and inflation are putting pressure on transportation expenses
- Intense competition and pricing pressure are affecting margins
- Geopolitical risks and supply chain disruptions continue to pose uncertainties
- Environmental regulations and sustainability requirements are increasing compliance obligations
