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GB Logistics IPO Day 1: Check GMP, Price Band, Lot Size, Financials And Other Key Offer Details

  • The GB Logistics IPO opened for subscription on Jan. 24 with a price band of Rs 95 to Rs 102 per share.
  • The company aims to raise Rs 25.07 crore through the IPO and has reserved 50% of the net offer size for qualified institutional buyers.
  • GB Logistics reported a revenue of Rs 50.85 crore and a net profit of Rs 2.53 crore in the first half of the ongoing fiscal year.
  • The projected listing price of GB Logistics shares is expected to be Rs 123 apiece, with a grey market premium of Rs 21.

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