Latest news with #BLTLogisticsIPO
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Business Standard
7 days ago
- Business
- Business Standard
BLT Logistics IPO oversubscribed 504x; check allotment status, latest GMP
BLT Logistics IPO allotment status: The basis of allotment for the initial public offering of BLT Logistics (BLT Logistics IPO) shares is expected to be finalised today, Thursday, August 7, 2025. 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: 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.
Mint
7 days ago
- Business
- Mint
BLT Logistics IPO allotment in focus today; latest GMP, 4 steps to check status
BLT Logistics IPO allotment status: BLT Logistics IPO share allotment will be finalised today (Thursday, August 7). Investors who applied for the issue can check the BLT Logistics IPO allotment status by going to the website of the registrar, Skyline Financial Services Private Ltd. Investors can verify the allocation basis to determine if and how many shares they have received. The number of shares awarded is also shown in the IPO allotment status. For those who did not receive shares, the refund process will commence. The shares that have been allotted will be deposited into their demat accounts. On Friday, August 8 the refund process will start for individuals who did not get shares. Those who have been allocated will get their shares in their demat accounts on the same day. BLT Logistics IPO subscription status was 560.69 times on the final day of subscription (Wednesday, August 6), as per BLT Logistics IPO listing date is scheduled for Monday, August 11. If you have applied for the BLT Logistics IPO, you can check your BLT Logistics IPO allotment status today on the website of the BLT Logistics IPO registrar, which is Skyline Financial Services Private Ltd - Access Skyline Financial Services Private Ltd, the IPO registrar for BLT Logistics, by clicking the link provided above. Choose the IPO from the drop-down menu; its name will be available only after the allocation process is complete. Select one of the three methods to check the status: Application No, Demat Account, or PAN. You can check the allotment status for the IPO using the following identifiers. Income Tax Permanent Account Number (PAN) - You can track your application status by entering your mapped PAN number. After selecting it from the drop-down options, input your 10-digit alphanumeric PAN. Once you have entered the PAN, click "Submit." Application number or CAF number: You may also view the allocation status by entering your application number or CAF number. After providing either your application or CAF number, click "Search." You should have received an acknowledgment document after submitting your IPO application. Enter the application details exactly as they appear on that page and then click "Submit" to see the specifics of the shares allotted to you in the IPO. Beneficiary ID - You can also utilize the beneficiary ID linked to your demat account. After that, you need to enter the client ID and depository participant (DP) IDs as a single string. The NSDL string is alphanumeric, while the CDSL string consists of numbers. Please ensure that you enter your customer ID and DP ID precisely as they appear. Your client ID and DP can be found on both the online DP statement and the account statement. After that, click "Submit." The IPO status and the number of shares allocated to you in the BLT Logistics IPO will be displayed on the screen. Go to the allotment page on the official BSE website - Under 'Issue Type', select 'Equity'. From the drop-down menu, choose 'Issue Name' and pick the IPO. Enter your application number or PAN. BLT Logistics IPO GMP or BLT Logistics IPO grey market premium is +38. This indicates BLT Logistics share price were trading at a premium of ₹ 38 in the grey market, according to Considering the upper end of BLT Logistics IPO price band and the current premium in the grey market, the estimated listing price of BLT Logistics share price was indicated at ₹ 113 apiece, which is 50.67% higher than the IPO price of ₹ 75. 'Grey market premium' indicates investors' readiness to pay more than the issue price. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
Mint
05-08-2025
- Business
- Mint
BLT Logistics IPO day 2: Issue subscribed 7.17x so far - Here's GMP, other key details
The initial public offering (IPO) of BLT Logistics opened for subscription on August 4 and will close on August 6. The small and medium enterprise (SME) IPO has so far been subscribed over 7.17 times on the second day of bidding. The BLT Logistics IPO comprises a total of 12,96,000 shares. Of these, 5,98,400 shares (46.17%) are reserved for Qualified Institutional Buyers (QIBs), including 3,58,400 shares (27.65%) allocated specifically to Anchor investors and 2,40,000 shares (18.52%) for QIBs excluding Anchor investors. Additionally, 1,80,800 shares (13.95%) are set aside for Non-Institutional Investors (NIIs), and 4,22,400 shares (32.59%) are allocated to Retail Individual Investors (RIIs). Established in 2011, BLT Logistics Limited offers surface transportation of goods using containerized trucks, along with warehousing services, catering to a wide range of industries and businesses. The SME IPO has been subscribed over 7.53 times, as of 2:53 pm on the second day of bidding, August 5. The IPO has received 72,01,600 bids against offered 9,37,600 shares. The retail category has received maximum bids as it has been subscribed over 12.89 times. Meanwhile, NIIs and QIB sections were booked 6.58 times and 0.04 times on the second day. The shares of BLT Logistics IPO is currently trading at a premium of +15 in the grey market. This means that the GMP of BLT Logistics IPO is ₹ 15, according to The estimated listing price of BLT Logistics IPO is likely to be ₹ 90, which is 20 per cent higher than the IPO price of ₹ 75. ' Today IPO GMP trending upward and expects a strong listing. The lowest GMP is ₹ 0, while the highest GMP is ₹ 16,' investorgain said. The BLT Logistics IPO is a book-built issue worth ₹ 9.72 crore, consisting entirely of a fresh offering of 12.96 lakh equity shares. The IPO price has been set at ₹ 75 per share, with a lot size of 1,600 shares. For retail investors, the minimum investment required amounts to ₹ 2,27,200 for 3,200 shares (2 lots). The share allotment is expected to be finalized on Thursday, August 7, 2025, and the listing is scheduled to take place on the BSE SME platform on Monday, August 11. Beeline Capital Advisors Pvt Ltd is serving as the book-running lead manager for the issue, while Skyline Financial Services Private Ltd has been appointed as the registrar. Spread X Securities Private Limited is acting as the market maker for the IPO. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
