- NEGATIVE
Annual Revenue Gconnect Logitech Mar-2026 Annual Revenue is Rs 4 Cr which is growth of -12.9% YoY.
- NEGATIVE
Annual Net Profit Gconnect Logitech Mar-2026 Annual Net Profit is Rs 0 Cr which is growth of -21.9% YoY.

Gconnect Logitech and Supply Chain was incorporated on July 20, 2022. The company is engaged in providing surface logistics services, specifically goods transport services. It offers its services to other logistic companies, including surface logistic companies, as well as direct customers. The range of services it offers includes bulk load, full truck load service, and dedicated load.
| Bidding Dates |
|---|
| 26 Mar 2024 - 28 Mar 2024 |
| Subscription |
|---|
| 54.37x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹120,000 | 1 | 1 | 3000 | 1.4 M | ₹40 | 47.85 % | ₹56.0 M | RHP DOC |
Gconnect Logitech IPO SUBSCRIPTION STATUS
28 Mar '24Gconnect Logitech IPO overall subscription rate was 54.37 times the total available shares
Gconnect Logitech IPO retail subscription rate was 67.9 times in the retail segment
Gconnect Logitech IPO non-institutional investor subscription rate was 40.84 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
28 Mar 2024 (Day 3) | 67.9x | 40.84x | - |
27 Mar 2024 (Day 2) | 14.41x | 2.06x | - |
26 Mar 2024 (Day 1) | 4.63x | 0.49x | - |
Gconnect Logitech FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| H1FY24 | 2.3 | 21.3 | -20.8 | -25.6 | 15.7% |
| FY23 | 1.1 | 10.1 | -5.6 | -5.6 | 14.4% |
Gconnect Logitech IPO SUBSCRIPTION STATUS DETAILS
Gconnect Logitech had 1.4 M shares on offer
Gconnect Logitech IPO offer price was ₹40
Gconnect Logitech IPO minimum Investment was ₹120000
Gconnect Logitech IPO issue size was ₹ 56.0 M
Gconnect Logitech had a minimum lot size of 3000 Shares per application
Gconnect Logitech NUMBER OF SHARES ON OFFER
Gconnect Logitech IPO IMPORTANT DATES
| Issue Open Date | 26 Mar 2024 |
| Issue close Date | 28 Mar 2024 |
| Allotment Date | 01 Apr 2024 |
| Refund Date | 02 Apr 2024 |
| Demat Account Credit Date | 02 Apr 2024 |
| Listing Date | 03 Apr 2024 |
| Listing on Exchange(s) | BSE |
| Gconnect Logitech Allotment Status | Exchange |
Gconnect Logitech IPO subscription opened on 26 Mar 2024, and closed on 28 Mar 2024
IPO allotment for Gconnect Logitech was finalized on Monday, 01 Apr 2024
IPO listing for Gconnect Logitech was on BSE on Wednesday, 03 Apr 2024
Gconnect Logitech IPO LISTING GAINS
| Issue Price (adjusted) | 40.0 |
| Listing Open Price | 42.0 |
| Listing Close Price | 44.1 |
| Listing Gain% | 5.0% |
| Current Gain% | -73.3% |
Gconnect Logitech Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gconnect Logitech and Supply Chain Ltd. | 10.7 | 4 | 18.2 | -0.8 | 1 | 2.3 | 2.2 | 4.1 | -12.9 | 0.2 | -21.9 | 0.6 | -21.9 |
| Container Corporation of India Ltd. | 413.8 | 31519.6 | 25.4 | -6 | 3.5 | 9.6 | 8.2 | 9443.2 | 1.2 | 1241.8 | -3.6 | 16.3 | -4.2 |
| Delhivery Ltd. | 386 | 28931.6 | 156.8 | 4.7 | 2.5 | 1.6 | 1.2 | 10867 | 16 | 152.7 | -5.8 | 2.5 | 33.5 |
| Shadowfax Technologies Ltd. | 271.8 | 15957.4 | 71.2 | 0.1 | 3 | 6.4 | 3.9 | 4238.6 | 68.6 | 111.7 | 1638.4 | 3.8 | 1170.3 |
| Blue Dart Express Ltd. | 4170.8 | 9896.4 | 34.5 | 2.2 | 1.6 | 13.9 | 6 | 6182.8 | 7.3 | 247.4 | -2 | 121 | 15.8 |
| LEAP India Ltd. | 116.6 | 5136.2 | 9 | 2.6 | 747.4 | 54.1 | 62.3 | 66 |
Gconnect Logitech annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history
| Indicator | Graph | CAGR 3 Yrs | Mar '26 | Mar '25 | Mar '24 | Mar '23 |
|---|---|---|---|---|---|---|
60.1% | 4.1 | 4.7 | 4 | 1 | ||
Operating Exp. Ann. | 54.2% | 3.3 | 3.7 | 3.6 | 0.9 | |
Operating Profit Ann. | 91.3% | 0.7 | 1 | 0.5 | 0.1 | |
OPM Ann. % | 7.3% | 17.72% | 21.09% | 11.52% | 14.35% | |
61.6% | 3.8 | 4.3 | 3.7 | 0.9 | ||
EBITDA Ann. | 100% | 0.8 | 1 | 0.5 | 0.1 | |
EBITDA Ann. margin % | 9.8% | 19.01% | 21.78% | 11.52% | 14.35% | |
Interest Ann. | - | 0 | 0.1 | |||
Depr. | - | 0.4 | 0.6 | 0.1 | ||
PBT Ann. | 44.2% | 0.3 | 0.4 | 0.3 | 0.1 | |
Tax Ann. | - | 0.1 | 0.1 | 0.1 | 0 | |
26% | 0.2 | 0.3 | 0.2 | 0.1 | ||
Net Profit Ann. | 26% | 0.2 | 0.3 | 0.2 | 0.1 | |
NPM Ann. % | -20.6% | 5.38% | 5.97% | 5.97% | 10.74% | |
EPS Adj. latest Ann. | 26% | 0.6 | 0.8 | 0.6 | 0.3 |
Gconnect Logitech INFORMATION ON IPO ISSUE
About Gconnect Logitech
Gconnect Logitech and Supply Chain was incorporated on July 20, 2022. The company is engaged in providing surface logistics services, specifically goods transport services. It offers its services to other logistic companies, including surface logistic companies, as well as direct customers. The range of services it offers includes bulk load, full truck load service, and dedicated load.
Object of the Issue
- Purchase of vehicles and body building
- Finance the website development and app designing
- General corporate purpose
Gconnect Logitech - PROMOTERS
| Name |
|---|
| Jigar Vinodbhai Sheth |
| Vinod Venilal Sheth |
Gconnect Logitech Lead Manager to the Issue
Fedex Securities Private Limited
mb@fedsec.in
Gconnect Logitech Registrar to the issue
Kfin Technologies Private Limited
Gconnect.ipo@kfintech.com
Gconnect Logitech Strengths
Customer base
The company serves a large and diverse mix of end-market customers across several industry sectors. It caters to various sectors of the market, including metals, fabrics, FMCG, auto components, chemicals, and pharmaceuticals
Asset-light business model
The company operates on a unique business model with a service-centric approach. It operates under an asset-light model, engaging with third parties to provide the assets necessary for its operations, such as vehicles
Gconnect Logitech Risks
Highly competitive industry
The company operates in a highly competitive industry and faces intense competition, which could adversely affect its results of operations and market share
Negative cash flows
The company and the sole proprietorship have experienced negative cash flows in some prior periods and may continue to do so in the future, which could have a material adverse effect on the business
IPO FAQs
The promoters of the company are Jigar Vinodbhai Sheth and Vinod Venilal Sheth.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 40.0 - 40.0.
The IPO application opens on Mar 26, 2024 and closes on Mar 28, 2024.
The minimum lot size for the IPO is 3000. The maximum lot size for the IPO is 3000.
For all category investors, the minimum application amount for this IPO is Rs. 120,000.0, the maximum value for this IPO is Rs 120,000.0.
This IPO will be allotted on Apr 01, 2024.
The refund will be credited to your account on Apr 02, 2024.
The allotted shares will be credited to your demat on Apr 02, 2024.
Gconnect Logitech and Supply Chain Ltd.’s shares listed on the stock exchanges on Apr 03, 2024.
