BLT Logistics Share Price Jumps Over 27% on Market Debut

Market Performance

BLT Logistics made an impressive entry into the stock market on August 11, debuting at ₹90.95 per share on the BSE SME platform.

This was 21.27% higher than its IPO price of ₹75 per share.

• Listing Price: ₹90.95
• IPO Price: ₹75
• Listing Premium: 21.27%
• Upper Circuit Price: ₹95.49
• Current Gain from IPO Price: 27%+
• Market Capitalisation (10:15 am): ₹46 crore

Soon after listing, the stock surged 5% to hit the upper circuit limit at ₹95.49.

Main News

BLT Logistics raised ₹9.72 crore via its initial public offering (IPO) through a fresh issue of nearly 12.96 lakh shares.

The IPO saw massive investor interest, with subscription reaching 504 times the offer size during the August 4–6 bidding window.

The price band was fixed between ₹71 and ₹75 per share.

Company Details

BLT Logistics operates in the surface transportation and logistics sector, offering containerized truck transportation and warehousing services.

It serves multiple industries and businesses across India.

IPO Highlights:

• Issue Size: ₹9.72 crore
• Fresh Issue Shares: 12.96 lakh
• Price Band: ₹71–₹75
• Subscription: 504x
• Minimum Lot Size: 1,600 shares (₹1.2 lakh investment)
• Allotment Date: August 7

Summary

BLT Logistics share price has delivered a stellar debut, gaining over 27% from its IPO price within hours of listing.

With a market cap of ₹46 crore and strong investor response during the IPO phase, the company’s market entry signals solid demand for SME stocks in the logistics sector.