&w=3840&q=100)
BLT Logistics IPO oversubscribed 504x; check allotment status, latest GMP
The public offering, which closed its three-day subscription window on Wednesday, August 6, witnessed overwhelming demand among investors, with it being oversubscribed by a whopping 504.43 times. The ₹9.72 crore SME offering was available with a price band of ₹71–75, and a lot size of 1,600 shares from August 4 to August 6, 2025.
Here's how to check BLT Logistics IPO allotment status – direct links
Once the allotment of BLT Ligistics IPO shares is finalised, investors can check the status on the official websites of BSE or Skyline Financial Services, the registrar for the issue. Alternatively, investors can use the following links to check the allotment status directly:
Check BLT Logistics IPO allotment status on BSE: https://www.bseindia.com/investors/appli_check.aspx
BLT Logistics IPO grey market premium (GMP), likely listing
The unlisted shares of BLT Logistics continued to command a solid premium in the grey market on Thursday.
Sources tracking unofficial market activities revealed that BLT Logistics shares were seen trading at around ₹113 per share, reflecting a grey market premium (GMP) of ₹38 or 50.67 per cent over the upper end of the issue price.
Shares of BLT Logistics are set to debut on the BSE SME platform on Monday, August 11, 2025. Current GMP trends suggest a strong market debut for the BLT Logistics IPO. However, these estimates may vary, as the grey market is unregulated, and GMP should not be considered a reliable indicator of performance.
About BLT Logistics
BLT Logistics is engaged in providing surface transportation of goods using containerized trucks, along with warehousing services for various industries and businesses. The company's logistics operations are supported by its own fleet of containerized trucks, as well as vehicles hired from its subsidiary, Sabarmati Express India Private Limited (Sabarmati), and third-party operators such as small fleet owners and agents who provide the necessary transportation facilities.
As of March 31, 2025, the company owned an operational fleet of 106 vehicles with capacities ranging from 3.5 MT to 18 MT. In addition, 15 vehicles with a capacity of 9 MT each were operated under its subsidiary, Sabarmati.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
5 hours ago
- Economic Times
Hindustan Zinc gears up for mega expansion; Eyes ₹65k cr revenue
Synopsis Hindustan Zinc Ltd. (HZL) aims for ₹62,000-65,000 crore in annual revenue by doubling its production capacity to 2 million tonnes. The Vedanta subsidiary anticipates an EBITDA of ₹34,000-36,000 crore and a production cost of $1,000 per tonne at this expanded capacity. Silver production is also expected to rise to 1,500 tonnes. Hindustan Zinc Ltd. (HZL), an integrated producer of zinc and silver, is targeting annual revenue in the range of ₹62,000 crore to ₹65,000 crore once its production capacity doubles to 2 million tonne, according to an investor presentation. The company, a subsidiary of Anil Agarwal-owned Vedanta Ltd., did not say by when it would double production capacity. It had recorded ₹34,083 crore revenue in before interest, tax, depreciation and amortisation is likely to be in the range of ₹34,000 crore to ₹36,000 crore, while the cost of production is likely to be $1,000 per tonne at double the capacity, the company said in its presentation. The government holds a 27.92% stake in Hindustan FY25, Hindustan Zinc clocked in an EBITDA of ₹17,465 crore, while its cost of production stood at $1,052 per double output capacity, the production of silver is expected to rise to 1,500 tonne from around 700 tonne now. Silver is recovered as a by-product from the smelting and refining of zinc. In June, the company had announced a capital expenditure of ₹12,000 crore to enhance capacity at its smelter in Debari by 250,000 tonne, taking it to a total of 1.38 million tonnes. This capacity is expected to come on board in 36 months after the expansion its initial phase of expanding capacity by 250,000 tonne, Hindustan Zinc is eyeing a revenue of ₹40,000-42,000 crore, and an EBITDA of ₹21,000-22,000 executive officer Arun Misra had told ET in June that the company would announce new expansion plans over the next few Thursday, shares of the company ended 0.8% lower on the BSE at ₹426.50.
Time of India
5 hours ago
- Time of India
Hindustan Zinc gears up for mega expansion; Eyes ₹65k cr revenue
Hindustan Zinc Ltd . (HZL), an integrated producer of zinc and silver, is targeting annual revenue in the range of ₹62,000 crore to ₹65,000 crore once its production capacity doubles to 2 million tonne, according to an investor presentation. The company, a subsidiary of Anil Agarwal-owned Vedanta Ltd ., did not say by when it would double production capacity. It had recorded ₹34,083 crore revenue in FY25. Independence Day 2025 Before Trump, British used tariffs to kill Indian textile Bank of Azad Hind: When Netaji gave India its own currency Swadeshi 2.0: India is no longer just a market, it's a maker Earnings before interest, tax, depreciation and amortisation is likely to be in the range of ₹34,000 crore to ₹36,000 crore, while the cost of production is likely to be $1,000 per tonne at double the capacity, the company said in its presentation. The government holds a 27.92% stake in Hindustan Zinc. For FY25, Hindustan Zinc clocked in an EBITDA of ₹17,465 crore, while its cost of production stood at $1,052 per tonne. At double output capacity, the production of silver is expected to rise to 1,500 tonne from around 700 tonne now. Silver is recovered as a by-product from the smelting and refining of zinc. In June, the company had announced a capital expenditure of ₹12,000 crore to enhance capacity at its smelter in Debari by 250,000 tonne, taking it to a total of 1.38 million tonnes. This capacity is expected to come on board in 36 months after the expansion starts. After its initial phase of expanding capacity by 250,000 tonne, Hindustan Zinc is eyeing a revenue of ₹40,000-42,000 crore, and an EBITDA of ₹21,000-22,000 crore. Chief executive officer Arun Misra had told ET in June that the company would announce new expansion plans over the next few months. On Thursday, shares of the company ended 0.8% lower on the BSE at ₹426.50.
Time of India
7 hours ago
- Time of India
Zaggle Q1 profit jumps 56% YoY to Rs 26 crore; revenue up 32%
Spend management platform Zaggle Prepaid Ocean Services reported a 56.2% year-on-year (YoY) increase in net profit to Rs 26.1 crore for the June quarter, driven by revenue growth across segments and new customer from operations rose 31.6% YoY to Rs 331.9 crore, while adjusted earnings before interest, tax, depreciation, and amortisation (Ebitda) rose 27.9% to Rs 32.7 Hyderabad-based company added several strategic clients during the quarter, including Hindustan Pencils, Apollo Health, Mo Engage, Novozymes, DTDC, CK Birla Healthcare, and Truecaller. Its customer base spans across banking, technology, healthcare, manufacturing, FMCG, infrastructure, and automobile expenses rose to Rs 309.5 crore from Rs 233.9 crore a year earlier, with more than 70% attributed to the cost of point redemption and gift cards. Spending on incentives and cashbacks stood at Rs 95.5 crore.'This is by far our best first-quarter performance, despite being a slower quarter in the year. With strong fundamentals in terms of growth in the total number of customers and users, healthy growth was visible across our revenue streams,' said Raj P Narayanam, founder and executive chairman, company is deploying artificial intelligence (AI) tools for sales automation, customer support, engagement, and bill processing and is also pursuing inorganic growth through investments and July, Zaggle announced it would acquire a 100% stake in fintech startup Rio Money for Rs 22 crore , marking its entry into the consumer credit card space via Unified Payments Interface (UPI). It also acquired spend management startup Dice Enterprises and GreenEdge Enterprises, a loyalty solutions said inorganic growth plans were on track, with portfolio company Mobileware Technologies delivering strong performance. He added that Zaggle would continue to assess merger and acquisition opportunities selectively while exploring adjacent sectors for in 2011, Zaggle operates in the business-to-business-to-customer (B2B2C) segment, offering prepaid card programmes, SaaS-based expense and rewards management tools, and incentive platforms for corporates. It works with multiple banking partners and, as of June 30, 2025, had issued over 50 million prepaid cards and served more than 3,500 corporate clients and 3.39 million of Zaggle closed at Rs 367.3 on the BSE on Thursday.
