Jayesh Logistics’ ₹28.63 Crore IPO Opens on October 27; Company Sets Price Band at ₹116–122

Kolkata, October 23: Jayesh Logistics Limited has announced the price band for its IPO, which is scheduled to be opened for subscription on October 27 and close on October 29. The company has set a price band of ₹116 to ₹122 per share for its upcoming IPO. It has also announced that the anchor investor bidding will take place on October 24.

Jayesh Logistics Limited is an Indian logistics company that provides freight services. It was established in 2011, and is headquartered in Kolkata, West Bengal. For the April-June 2025 quarter, Jayesh Logistics reported a revenue of ₹25.20 crore and a profit after tax (PAT) of ₹2.02 crore. For the financial year 2024-25, the company’s revenue was ₹111.88 crore and the PAT was ₹7.20 crore.

Jayesh Logistics Book Build Issue of ₹28.63 Crore

The IPO size is ₹28.63 crore, including an entirely fresh issue of 0.23 crore shares. The share allotment is expected to be finalised on October 30, while the company is expected to credit the shares and initiate refunds on October 31. The lot size for an application is 1,000 shares, with the minimum amount required by a retail investor at ₹2,44,000 (2,000 shares) at the upper price band. The minimum lot size investment for HNI is 3 lots (3,000 shares), amounting to ₹3,66,000. Indcap Advisors Pvt.Ltd. is the book running lead manager while Kfin Technologies Ltd. is the registrar of the issue. Giriraj Stock Broking Pvt.Ltd. is the Market Maker of the company.

Jayesh Logistics Purchasing Side Wall Trailers Main Fundraising Motive

The company announced that it will primarily use the proceeds from the IPo to purchase side wall trailers. It will also use the proceeds for expanding warehousing and smart logistics infrastructure. It will also use a portion of the proceeds for meeting working capital requirements, and the balance for general corporate purposes.

Investors can start applying to the issue from October 27 until the IPO window closes on October 29.

REF: https://hdfcsky.com/sme-ipo/jayesh-logistics-ipo

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