BLT Logistics IPO is a book-built issue worth ₹9.72 crore. It consists entirely of a fresh issue of 12.96 lakh equity shares. The bidding window for the IPO was open from August 4, 2025, to August 6, 2025. The allotment was finalised on August 7, 2025, and the shares are expected to list on BSE SME on August 11, 2025.
The IPO was priced at ₹75 per share with a minimum application size of 1,600 shares. Retail investors were required to invest in at least two lots (3,200 shares), amounting to ₹2,40,000. The issue saw a strong response across categories, with overall subscription reaching 560.69 times. The highest subscription came from the NII segment at 1,017.63 times, followed by retail investors at 637.20 times.
BLT Logistics' ₹9.72 crore IPO, priced at ₹75 per share, was subscribed 560.69 times overall. The IPO was a 100% fresh issue comprising 12.96 lakh equity shares. Bidding took place between August 4 and August 6, 2025, with the allotment status finalised on August 7, 2025. Retail investors subscribed 637.20 times, and NII investors 1,017.63 times. Listing is expected on August 11, 2025.
The table below breaks down the BLT Logistics share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| 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%) |
| − bNII > ₹10L | 1,20,000 (9.26%) |
| − sNII < ₹10L | 60,800 (4.69%) |
| Retail Shares Offered | 4,22,400 (32.59%) |
| Total Shares Offered | 12,96,000 (100.00%) |
Data Source: BSE
| Category | Subscription (times) |
| Qualified Institutional Buyers | 81.8 |
| Non-Institutional Investors | 1,017.63 |
| Retail Individual Investors | 637.2 |
| Total shares | 560.69 |
Note: The subscription details are as of August 6, 2025
BLT Logistics Limited was incorporated in 2011 and is engaged in providing surface transportation and warehousing services for a range of industries. The company operates primarily in the B2B logistics segment, using a combination of owned and third-party fleet operators to deliver its services across India.
The company’s operations are supported by its fleet and that of its wholly owned subsidiary, Sabarmati Express India Private Limited. As of March 31, 2024, the company had 90 owned vehicles and 15 additional vehicles operated through Sabarmati. These vehicles range from 3.5MT to 18MT in capacity, enabling the company to handle a diverse set of logistics requirements.
In 2023, BLT Logistics ventured into warehousing, setting up three leased facilities catering to sectors like electronics, retail, and food. The warehousing division includes MIS-based inventory management systems and caters to MNCs and domestic firms alike. As of March 31, 2024, the company employed 37 people across its logistics and warehousing divisions.
The company’s key strengths lie in its long-standing operational experience, strong relationships with a diverse customer base, and a wide range of integrated logistics solutions. The promoters, Krishan Kumar and Rakesh Kumar, hold significant industry experience, contributing to the firm’s strategic growth.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Aug 6, 2025, 7:47 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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