The SME IPO of Global Ocean Logistics India has garnered strong attention from investors since its opening. Known for its multi-modal logistics services, the company has offered a fresh issue aimed at raising ₹30.41 crore, with a price band of ₹74 to ₹78 per share.
Market Performance
The IPO opened on Wednesday, December 17, and within the first hour, it achieved over 40% subscription, highlighting early investor interest. The offer will close for bidding on Friday, December 19.
Key subscription details as of 11:20 am on Day 1:
- Total shares applied: 10,00,000
- Total shares on offer: 25,95,200
- Overall subscription: 0.39 times
- Retail investor portion: 8% subscribed
- Non-institutional investors (NII): 1.61 times subscribed
- Qualified Institutional Buyers (QIB): No bids reported so far
IPO Structure & Investment Details
Global Ocean Logistics India’s IPO is a 100% fresh issue, with 0.39 crore shares offered. Funds raised from the IPO are intended to support working capital requirements and general corporate purposes.
- Lot size: 1,600 shares
- Minimum investment per retail investor: ₹2,49,600 (2 lots)
- Allotment date: December 22, 2025
- Expected listing date: December 24, 2025
Company Overview
Global Ocean Logistics India operates across multiple verticals in the logistics sector:
- Shipping & coastal transportation, including ODC
- Road and rail transport
- Air cargo
- Container Freight Station solutions
- Customs clearance and related services
The company also provides integrated project logistics and third-party logistics solutions, covering end-to-end supply chain requirements.
Operational Footprint
- Major ports: Nhava Sheva, Hazira, Tumb, Pune, Mundra, Chennai
- Pan-India coverage: More than 23 states and union territories
- Marketing offices: Visakhapatnam, Jaipur, Pune, Tuticorin
The company serves clients across 263 global ports, handling around 30,520 shipments and 91,968 TEUs from FY2023 to September 30, 2025.
Summary
Global Ocean Logistics India’s SME IPO has started on a promising note, reflecting investor confidence in its logistics operations and pan-India presence. With a fresh issue priced between ₹74–78 per share and strong operational fundamentals, the IPO is positioned to attract investors looking for exposure to India’s growing logistics and supply chain sector.
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