Kolkata: Jayesh Logistics is a Kolkata-based company that is active in moving cargo across the Indo-Nepal border and the hinterland of Nepal. It also facilitates transportation of goods within India and the neighboring countries of Nepal, Bhutan and Bangladesh. The company also manages loading and unloading of cargo at ports. Its competence also encompasses supply chain solutions that includes warehousing and distribution. It is equipped with GPS tracking and SAP for real-time tracking of shipments and fleet monitoring. They also have proprietary software to manage flow of goods.
The public issue will begin on October 27 and the bidding window will remain open till October 29. The bidding for anchor investors will be conducted on October 24. The company will raise 28.63 crore through the issue of only fresh shares, which could help boost investor confidence in a company. As many as 23.47 lakh equity shares will be issued to investors.
Jayesh Logistics IPO GMP, price
According to investorgain, the GMP of Jayesh Logistics IPO is yet to take off. The GMP has remained at zero from October 17, when investorgain began tracking the data. However, one must remember that GMP or Grey market Premium is an unofficial indicator that changes with time and does not guarantee anything — loss or gain on listing. The Jayesh Logistics IPO price band has been fixed Ra Rs 116-122.
Jayesh Logistics IPO lot size, important dates
For a retail investor the minimum lot size is 1,000 shares for which one has to pay an application amount of Rs 2,44,000.00 based on the upper end of the price band. The minim investible lot for HNIs is 3,000 shares.
Indcap Advisors is the lead manager and Kfin Technologies is the registrar of the issue.
The significant dates for investors are the following:
IPO Open: Oct 27-29
Allotment: Oct 30
Refund of application money: Oct 31
Credit of shares to demat account: Oct 31
Listing: Nov 3
Cut-off time for UPI mandate confirmation: 5 pm on Oct 29
The proceeds from the issue will be deployed to fund expenditure for the purchase of side wall trailers, expand warehousing and smart logistics infrastructure. The company will also utilise part of it as working capital and general corporate purposes.
Jayesh Logistics had a revenue of Rs 25.20 crore and a PAT of Rs 2.02 crore for Q1FY26 (April-June). In FY25, the revenue and PAT of the company stood at Rs 111.88 crore and Rs 7.20 crore respectively. The shares will be listed on the NSE’s SME platform Emerge.
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