BLT Logistics Limited Unveils IPO to Boost Growth
BLT Logistics Limited plans to launch an IPO on August 4, 2025, to raise ₹9.72 crore with shares listed on BSE SME. The funds will enhance capital and expand its vehicle fleet and operations. Established in 2011, the company provides surface transportation and warehousing services across diverse industries in India.
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- India
BLT Logistics Limited, a prominent player in the surface transportation and warehousing sector, has announced the launch of its Initial Public Offering (IPO) on August 4, 2025. The company aims to raise ₹9.72 crore by offering 12,96,000 equity shares priced between ₹71 and ₹75 per share, with the shares being listed on the BSE SME platform.
The proceeds from the IPO will be used to bolster the company's capital expenditure, particularly for acquiring new trucks and equipment, and to meet its working capital requirements. The logistics firm, founded in 2011, operates with a fleet of 106 vehicles and an additional 15 vehicles through its nearly wholly-owned subsidiary, Sabarmati Express India Private Limited.
Mr. Krishan Kumar, Chairman and Managing Director of BLT Logistics Limited, emphasized that the IPO represents a pivotal step for the company, providing financial resources to enhance operations and expand market reach. With robust financial figures reported for FY25, the company continues to leverage advanced technology to offer efficient logistics solutions for businesses across India.
(With inputs from agencies.)
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