GB Logistics Commerce IPO

GB Logistics Commerce Limited, originally incorporated as GB Logistics Private Limited on December 24, 2019, transitioned to its current name on December 14, 2023. Specializing in logistics and agricultural commodity trading, the company offers full-truckload freight services to medium and large enterprises, utilizing proprietary and third-party transport solutions. Its operations include godown-to-godown transportation, specialized handling, ODA deliveries, and delivery above ground floors. With an owned fleet comprising diverse truck types, the company provides tailored logistics solutions, ensuring efficiency and customer satisfaction. A wholly owned subsidiary, GB Hospitality, complements its services.

IPO Strengths

• GB Logistics Commerce Limited maintains a robust and efficient fleet of trucks, ensuring reliable and timely delivery services.

• The company’s strong logistics infrastructure facilitates smooth operations and enables the handling of large cargo volumes.

• It boasts a highly experienced workforce with extensive knowledge of the logistics and transportation industry.

• The management team is well-versed in making informed decisions and effectively addressing challenges.

• Strategic partnerships with third-party transportation services enhance service capabilities and provide flexibility to meet diverse customer demands.

GB Logistics Commerce IPO Key Financials (in crore)

GB Logistics Commerce Limited Upcoming IPO Details

GB Logistics Commerce IPO Important Dates

GB Logistics Commerce IPO Lots

GB Logistics Commerce IPO Lead Managers

GB Logistics Commerce Limited IPO Valuation Overview

GB Logistics Commerce IPO Peer Group Comparison

Objectives of the Proceeds

• Pre-payment or repayment of a portion of certain outstanding borrowings availed by the company, ₹500.00 Lakhs

• Working Capital Requirements, ₹937.77 Lakhs

• Fund Expenditure Towards Purchase of Truck Chassis and Truck Bodies, ₹380.00 Lakhs

• General corporate purposes