Jayesh Logistics IPO Oversubscribed 19.85 Times Ahead of Final Day Close

Kolkata, October 29, 2025 – The ₹29-crore initial public offering (IPO) of Jayesh Logistics Limited continues to witness overwhelming investor demand on the final day of its bidding. The IPO has been oversubscribed by 19.85 times as of 01:00 PM. The oversubscription of the IPO is led by Non-Institutional Buyers with 47.49 times subscription.

Jayesh Logistics Day 3 Subscription Status

As of October 29, 2025, 01:00 pm, the IPO has received bids for 3.31 crore shares against 16.71 lakh shares offered, bringing the total to ₹404.70 crore across 9,265 applications. While NII led the race 47.49 times subscription, bNII (above ₹10L) were the major bidders within the category with 60.13 times subscription, while sNII (below ₹10L) subscribed 21.99 times. Retail investors also showed high interest in the IPO as they subscribed 18.16 times, with over 7,081 applications and bids for 1.41 crore shares. Subscription from Qualified Institutional Buyers (QIBs) (excluding anchor) also had a decent response, with their subscriptions standing at 5.58 times the original offer. Anchor Investors and Market Makers have only subscribed to their offer size so far.

Key Details of Jayesh Logistics IPO

The ₹29 crore IPO opened for bidding on October 27, 2025, with 23.47 lakh shares offered at a price range of ₹116 – ₹122 per share. The lot size for the issue was fixed at 1,000 shares, where retail investors are limited to 2 lots, S-HNI (Min) at three lots, S-HNI (Max) at four lots, and B-HNI (Min) at 9 lots. The IPO will close on October 29, 2025, with the shares getting listed on November 3, 2025, on NSE EMERGE. The IPO is being managed by Indcap Advisors Private Limited, acting as Lead Manager, KFin Technologies Limited, acting as Registrar, and NNM Securities Private Limited, acting as Market Maker.

Jayesh Logistics Anchor Investment

Right before the company opne its IPO for bidding, it raised ₹6.78 crore from anchor investors on October 24, 2025. Under the issue, the company allotted 5,56,000 shares at ₹122 each to anchor investors, which included Vira Bharat Opportunity Fund, LRSD Securities, Amesta Global Opportunities Fund, Fortune Hands Growth Fund, and Shine Star Build Cap Pvt Ltd.

Market Outlook

The IPO has been subscribed to 19.85 times as of now, indicating that Jayesh Logistics has garnered strong investor backing across all segments. The highest bidder so far has been the non-institutional and retail participants. As the bidding window closes later today, the shares are scheduled to list on the NSE EMERGE platform on November 3, 2025.

Jayesh Logistics Limited provides freight and non-freight logistics services through a combination of road and rail networks. The company serves over 200 industrial clients across India. Its key clientele includes companies in the steel, cement, and heavy machinery sectors. The company was founded in 2011, and now it operates a fleet of 95 trucks and supplements capacity through third-party transport partnerships. Jayesh Logistics is also developing SMART-SYS, an AI-based logistics management system for predictive routing, real-time tracking, and operational efficiency.

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