Sunsky Logistics was incorporated on July 05, 2020. The company provides integrated logistics solutions, specializing in third-party logistics (3PL) services such as freight forwarding, cargo handling, door-to-door distribution, multi-transport operations, and customs clearance, ensuring smooth movement of goods from origin to destination
| Bidding Dates |
|---|
| 30 Sep 2025 - 03 Oct 2025 |
| Subscription |
|---|
| 1.44x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹2,76,000 | 2 | 2 | 3000 | 3.7 M | ₹46 | 67.04 % | ₹168.4 M | RHP DOC |
Sunsky Logistics IPO SUBSCRIPTION STATUS
03 Oct '25Sunsky Logistics IPO overall subscription rate was 1.44 times the total available shares
Sunsky Logistics IPO retail subscription rate was 0.88 times in the retail segment
Sunsky Logistics IPO non-institutional investor subscription rate was 2 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
03 Oct 2025 (Day 3) | 0.88x | 2x | - |
01 Oct 2025 (Day 2) | 0.3x | 0.11x | - |
30 Sep 2025 (Day 1) | 0.03x | 0x | - |
Sunsky Logistics FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| 4MFY26 | 8.3 | 1.4 | -0.7 | -0.7 | 23.3% |
| FY25 | 22.0 | 2.6 | 2.3 | 2.2 | 16.8% |
| FY24 | 14.8 | 1.2 | 0.2 | 0.2 | 13.2% |
| FY23 | 19.3 | 0.3 | 0.1 | 0.0 | 2.9% |
Sunsky Logistics IPO SUBSCRIPTION STATUS DETAILS
Sunsky Logistics had 3.7 M shares on offer
Sunsky Logistics IPO offer price was ₹46
Sunsky Logistics IPO minimum Investment was ₹276000
Sunsky Logistics IPO issue size was ₹ 168.4 M
Sunsky Logistics had a minimum lot size of 3000 Shares per application
Sunsky Logistics NUMBER OF SHARES ON OFFER
Sunsky Logistics IPO IMPORTANT DATES
| Issue Open Date | 30 Sep 2025 |
| Issue close Date | 03 Oct 2025 |
| Allotment Date | 06 Oct 2025 |
| Refund Date | 07 Oct 2025 |
| Demat Account Credit Date | 07 Oct 2025 |
| Listing Date | 08 Oct 2025 |
| Listing on Exchange(s) | BSE |
| Sunsky Logistics Allotment Status | Exchange/ Registrar |
Sunsky Logistics IPO subscription opened on 30 Sep 2025, and closed on 03 Oct 2025
IPO allotment for Sunsky Logistics was finalized on Monday, 06 Oct 2025
IPO listing for Sunsky Logistics was on BSE on Wednesday, 08 Oct 2025
Sunsky Logistics IPO LISTING GAINS
| Issue Price (adjusted) | 46.0 |
| Listing Open Price | 51.0 |
| Listing Close Price | 53.5 |
| Listing Gain% | 10.9% |
| Current Gain% | -13.1% |
Sunsky Logistics 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 % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sunsky Logistics Ltd. | 40 | 49.7 | 17.5 | 1.7 | 1.9 | 12.6 | 7.2 | 26 | 16.8 | 2.8 | 10.2 | 2.3 | 10.2 |
| Container Corporation of India Ltd. | 505.2 | 38476.9 | 31 | -7.3 | 4.2 | 9.6 | 8.2 | 9443.2 | 1.2 | 1241.8 | -3.6 | 16.3 | -4.2 |
| Delhivery Ltd. | 473.3 | 35452.8 | 379 | -7.2 | 3.2 | 1.6 | 1.2 | 10867 | 16 | 152.7 | -5.8 | 1.2 | -52.9 |
| Shadowfax Technologies Ltd. | 241.2 | 14120.3 | 83.5 | 3 | 6.4 | 3.9 | 4238.6 | 68.6 | 111.7 | 1638.4 | 2.9 | ||
| Blue Dart Express Ltd. | 5089.5 | 12076.3 | 42.1 | 2.7 | 1.9 | 13.9 | 6 | 6182.8 | 7.3 | 247.4 | -2 | 121 | 15.8 |
| VRL Logistics Ltd. | 281.4 | 4921.9 | 18.4 | 0.8 | 1.5 | 20.7 | 9.1 | 3244.8 | 1.8 | 236.8 | 29.5 | 15.3 | 21.8 |
Sunsky Logistics INFORMATION ON IPO ISSUE
About Sunsky Logistics
Sunsky Logistics was incorporated on July 05, 2020. The company provides integrated logistics solutions, specializing in third-party logistics (3PL) services such as freight forwarding, cargo handling, door-to-door distribution, multi-transport operations, and customs clearance, ensuring smooth movement of goods from origin to destination
Object of the Issue
- Purchase of flatbed trailers
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company
- To meet working capital requirements
- General corporate purposes
Sunsky Logistics - PROMOTERS
| Name |
|---|
| Akash A Shah |
| Shah Vaibhavi Akash |
Sunsky Logistics - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Akash A Shah | Chairman & Managing Director |
| Shah Vaibhavi Akash | Non-Executive Director |
| Akshay N Shah | Akshay N Shah |
| Rahul Bhogilal Labana | Independent Director |
Sunsky Logistics Book Running Lead Manager
Nirbhay Capital Services Private Limited
kunjal@nirbhaycapital.com
Sunsky Logistics Registrar to the issue
KFin Technologies Limited
sunsky.ipo@kfintech.com
Sunsky Logistics Strengths
Multimodal service provider
As a multimodal transport provider, the company offers ocean freight, customs clearance, transportation, and value-added logistics solutions. Its extensive network and diverse services help clients reduce costs, improve supply chain efficiency, and attract customers across multiple industries
Diverse customer base
The company’s high-quality services foster strong customer satisfaction and long-term relationships across sectors like FMCG, engineering, industrial goods, medical equipment, and retail. Its efficient operations and robust client connections provide a competitive edge and support business growth
Existing agency network & arrangements
The company has expanded internationally by building a robust network with agents in countries including the USA, UAE, Germany, and others. Strong partnerships with shipping lines and carriers allow it to secure favourable terms and enhance logistics management for clients
Sunsky Logistics Risks
Dependent on trade volumes & freight rates
The company’s operations and financial performance are influenced by trade volumes and freight rates, which are affected by global and local economic, political, and environmental factors. Events such as economic cycles, trade barriers, currency fluctuations, disputes, natural disasters, and pandemics may adversely impact its business
Geographically concentrated
The company’s operations are primarily concentrated in Gujarat, making it reliant on the region for most of its revenue. Any adverse changes in local regulations, economic conditions, or industry dynamics could negatively affect its business, financial performance, and cash flows
Operational risks
The company could face financial, operational, and reputational risks due to employee misconduct or errors, which may be difficult to detect. Such incidents could lead to regulatory actions, claims of negligence, and potential business losses
IPO FAQs
The promoters of the company are Akash A Shah and Shah Vaibhavi Akash.
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 46.0 - 46.0.
The IPO application opens on Sep 30, 2025 and closes on Oct 03, 2025.
The minimum lot size for the IPO is 6000. The maximum lot size for the IPO is 6000.
For all category investors, the minimum application amount for this IPO is Rs. 276,000.0, the maximum value for this IPO is Rs 276,000.0.
This IPO will be allotted on Oct 06, 2025.
The refund will be credited to your account on Oct 07, 2025.
The allotted shares will be credited to your demat on Oct 07, 2025.
Sunsky Logistics Ltd.’s shares listed on the stock exchanges on Oct 08, 2025.