BLT Logistics Launches IPO to Accelerate Growth
BLT Logistics Limited is launching an IPO to raise ₹ 9.72 Crores, aiming to enhance its transportation and warehousing services. The company, with a fleet of 106 vehicles, is supported by its subsidiary, Sabarmati. The IPO opens on August 4, 2025, with Beeline Capital Advisors as the lead manager.
- Country:
- India
BLT Logistics Limited, a pivotal player in India's surface transportation sector, is set to launch its Initial Public Offering (IPO) on August 4, 2025. The move is aimed at raising ₹ 9.72 Crores to bolster the company's operational capabilities and widen its market reach.
The funds from the IPO will be directed towards purchasing new trucks and equipment, meeting working capital requirements, and other corporate purposes. Notably, the company boasts an operational fleet of 106 vehicles, significantly enhancing its service offerings in B2B logistics.
The IPO, meticulously orchestrated by Beeline Capital Advisors, includes a total of 12,96,000 equity shares priced between ₹ 71 and ₹ 75. The public issue is set to close on August 6, 2025, prioritizing various investor categories including retail and institutional investors.
(With inputs from agencies.)
- READ MORE ON:
- BLT Logistics
- IPO
- transportation
- logistics
- warehousing
- B2B services
- India
- vehicles
- Sabarmati
- fleet
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