The Jayesh Logistics IPO listing finally hit the market today, and the debut came with a surprising twist. Even after days of strong buzz and high subscription numbers, the stock opened lower than expected. For investors tracking the SME space, the opening price set the tone for a cautious Monday.
Market Performance: A Slow Start for Jayesh Logistics IPO Listing Today
The morning bell brought the much-awaited Jayesh Logistics IPO listing today, but the sentiment on the street stayed muted.
The stock opened at ₹120 per share, slipping 1.64% below the IPO price of ₹122.
The listing happened on the NSE SME platform, marking a soft start despite the robust investor interest seen during the subscription window.
The discount wasn’t huge, but it was enough to create curiosity—especially for an IPO that saw significant traction across investor categories.
Main News: Jayesh Logistics Listing Price Today Shows Mild Pressure
The Jayesh Logistics listing price today stayed in focus from the first tick. Even with the huge subscription numbers behind it, the company’s debut reflected a pullback in early enthusiasm.
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The listing at ₹120 signaled a cooler sentiment, although the subscription phase told a very different story. Investors across all segments had shown remarkable interest, and the SME issue turned into one of the more talked-about offerings of the month.
Here’s how the subscription numbers shaped up:
- Total subscription: 65.59×
- QIB subscription: 40.86×
- NII subscription: 138.75×
- Retail subscription: 51.79×
These numbers show that the IPO was aggressively sought after, even though the Jayesh Logistics listing price didn’t mirror that same energy on listing day.
Company Details: What Jayesh Logistics Brings to the Table
The story behind Jayesh Logistics goes beyond just its IPO. Founded in May 2011, the company has built a solid presence across cross-border logistics for India and its neighboring regions.
The company's offerings include:
- Goods transportation services across India, Nepal, Bhutan, and Bangladesh
- Port loading and unloading operations
- Warehousing and distribution
- Real-time shipment tracking for better visibility
The IPO itself involved a fresh issuance of 23.47 lakh equity shares with a face value of ₹10 each, raising ₹28.63 crore.
The planned allocation of funds is as follows:
- ₹8.85 crore for purchasing side-wall trailers
- ₹11.24 crore for working capital
- ₹72 lakh for the second phase of developing a smart logistics application
- Remaining funds for general corporate purposes
The company has also shown steady financial improvement over time, helping build confidence among IPO investors.
Jayesh Logistics IPO Details: Quick Breakdown
For readers searching for fast, point-to-point data on Jayesh Logistics IPO details, here are the essentials:
- IPO size: ₹28.63 crore
- Issue type: Fresh issue
- Issue price: ₹122
- Issue dates: October 27–29
- Equity shares offered: 23.47 lakh
- Face value: ₹10
- Utilization: Trailers, working capital, tech development, corporate purposes
The company’s transport network and geographic coverage have steadily expanded since 2011, shaping its journey to the SME market.
Summary: A Soft Listing but a Strongly Subscribed IPO
The Jayesh Logistics IPO delivered one of the strongest subscription responses in recent SME listings, even though the stock opened at a 1.64% discount. The Jayesh Logistics share price today at ₹120 highlighted a cautious sentiment, but interest in the company’s logistics play remains high across market participants.
With its diversified transport services, cross-border reach, and ongoing tech upgrades, Jayesh Logistics steps into the listed space with momentum backed by investor appetite—even if the listing price didn’t capture that heat.
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