BLT Logistics is conducting an Initial Public Offering (IPO) for small and medium enterprises (SMEs). The sale has been highly popular. On the third day of bidding, the issue was oversubscribed by 560.69 times, a strong sign of demand, given the company received 47,27,71,200 bids for the 8,43,200 shares offered to the public. BLT Logistics, which started in 2011, is a logistics services business focused on surface transport and warehousing.

Individual investors, also known as Retail Individual Investors (RIIs), have shown the most interest, with their portion of the IPO being oversubscribed by 637.20 times, at 5:04 PM on Wednesday.

BLT Logistics GMP
According to market sources, the unofficial price of the company in the grey market, known as the Grey Market Premium (GMP), is also on the rise.

The GMP for BLT Logistics is approximately Rs 38. With the final IPO price set at Rs 75, this suggests the shares could list at around Rs 113. This represents a potential listing gain of 50.67 per cent, showing significant excitement about the company.

BLT Logistics Subscription Status

The shares are being offered to different types of investors in designated categories:

Qualified Institutional Buyers (QIBs): The demand for this category has been the lowest, with the portion being subscribed 81.80 times.

Non-Institutional Investors (NIIs): NIIs have oversubscribed their reserved category by approximately 1,017.63 times.

Retail Individual Investors (RIIs): This category has seen the highest demand for BLT Logistics IPO on the final day with 637.20 times subscription.

BLT Logistics IPO: Key Dates and Details
BLT Logistics IPO opened on August 4 and closes on August 6. The company is set to sell 12.96 lakh shares in a fresh issue to raise Rs 9.72 crore. The issue price band is Rs 71-75 per share.

The minimum investment for retail investors is for one lot of 1,600 shares, costing Rs 2,40,000. Shares are expected to be allotted on August 7 and will start trading on the BSE SME stock exchange on August 11.

BLT Logistics IPO allotment is expected to be finalised on August 7, 2025. The tentative BLT Logistics IPO listing date is August 11, 2025.

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