Neptune Logitek was incorporated on March 2, 2012. The company, with over 13 years of experience, offers differentiated logistics solutions through its pan-India presence, integrated services, door-to-door focus, and large vehicle fleet. It operates across freight forwarding, air freight, multimodal coastal services, road and rail transport, supported by nine branches including one dedicated to fleet maintenance
| Bidding Dates |
|---|
| 15 Dec 2025 - 17 Dec 2025 |
| Subscription |
|---|
| 1.58x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹2,52,000 | 2 | 2 | 1000 | 3.7 M | ₹126 | 72.99 % | ₹466.2 M | RHP DOC |
Neptune Logitek IPO SUBSCRIPTION STATUS
17 Dec '25Neptune Logitek IPO overall subscription rate was 1.58 times the total available shares
Neptune Logitek IPO retail subscription rate was 2.75 times in the retail segment
Neptune Logitek IPO non-institutional investor subscription rate was 0.41 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
17 Dec 2025 (Day 3) | 2.75x | 0.41x | - |
16 Dec 2025 (Day 2) | 2.14x | 0.36x | - |
15 Dec 2025 (Day 1) | 1.64x | 0.32x | - |
Neptune Logitek 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 |
| 5MFY26 | 104.9 | 4.0 | 4.5 | 3.8 | 8.8% |
| FY25 | 257.3 | 9.2 | 11.7 | 8.8 | 8.3% |
| FY24 | 174.9 | 0.0 | -1.4 | -19.3 | 5.6% |
| FY23 | 185.4 | -0.2 | -3.9 | -17.1 | 3.0% |
Neptune Logitek IPO SUBSCRIPTION STATUS DETAILS
Neptune Logitek had 3.7 M shares on offer
Neptune Logitek IPO offer price was ₹126
Neptune Logitek IPO minimum Investment was ₹252000
Neptune Logitek IPO issue size was ₹ 466.2 M
Neptune Logitek had a minimum lot size of 1000 Shares per application
Neptune Logitek NUMBER OF SHARES ON OFFER
Neptune Logitek IPO IMPORTANT DATES
| Issue Open Date | 15 Dec 2025 |
| Issue close Date | 17 Dec 2025 |
| Allotment Date | 18 Dec 2025 |
| Refund Date | 19 Dec 2025 |
| Demat Account Credit Date | 19 Dec 2025 |
| Listing Date | 22 Dec 2025 |
| Listing on Exchange(s) | BSE |
| Neptune Logitek Allotment Status | Exchange/ Registrar |
Neptune Logitek IPO subscription opened on 15 Dec 2025, and closed on 17 Dec 2025
IPO allotment for Neptune Logitek was finalized on Thursday, 18 Dec 2025
IPO listing for Neptune Logitek was on BSE on Monday, 22 Dec 2025
Neptune Logitek IPO LISTING GAINS
| Issue Price (adjusted) | 126.0 |
| Listing Open Price | 100.8 |
| Listing Close Price | 95.8 |
| Listing Gain% | -20.0% |
| Current Gain% | -73.7% |
Neptune Logitek 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 % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Neptune Logitek Ltd. | 33.1 | 45.4 | 7.2 | -0.2 | 0.2 | 9.3 | 3.8 | 235.2 | -9.8 | 6.3 | -31.3 | 4.6 | -31.3 |
| 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 |
Neptune Logitek INFORMATION ON IPO ISSUE
About Neptune Logitek
Neptune Logitek was incorporated on March 2, 2012. The company, with over 13 years of experience, offers differentiated logistics solutions through its pan-India presence, integrated services, door-to-door focus, and large vehicle fleet. It operates across freight forwarding, air freight, multimodal coastal services, road and rail transport, supported by nine branches including one dedicated to fleet maintenance
Object of the Issue
- Funding capital expenditure requirement of the company towards purchase of trucks (“Vehicles”) and ancillary equipment
- Funding towards repayment of loan
- Funding expenditure for general corporate purpose
Neptune Logitek - PROMOTERS
| Name |
|---|
| Ankit Devidas Shah |
| Reema Ankit Shah |
Neptune Logitek - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Ankit Devidas Shah | Managing Director |
| Reema Ankit Shah | Executive Director |
| Mukesh Jayantilal Bafna | Non- Executive Independent Director |
| Kunj Bihari Laxmi Narayan Dave | Non- Executive Independent Director |
| Pradip Jayantilal Shah | Non-Executive Director |
Neptune Logitek Book Running Lead Manager
Galactico Corporate Services Limited
info@galacticocorp.com
Neptune Logitek Registrar to the issue
Bigshare Services Private Limited
info@bigshareonline.com
Neptune Logitek Strengths
Asset-driven business model
The company follows an asset-based model, using owned and partner-leased vehicles, containers, and warehouses to ensure service quality and operational control. This approach provides flexibility to scale efficiently and meet diverse client needs without heavy capital investment
Client relationship
The company’s reputation for timely, quality service has helped it build strong client relationships and deliver customized logistics solutions across sectors. In FY25, it served 2,185 customers from industries such as ceramics, agriculture, cement, and capital goods
Technology integration for enhanced efficiency
The company uses advanced technology to improve efficiency and customer experience, offering a custom app for real-time tracking, quotes, schedules, and documentation. With ERP systems and IoT tools like geo-fencing, GPS tracking, and digital locking, it enhances security, optimizes routes, and ensures timely deliveries
Neptune Logitek Risks
Changes in freight rates
The company’s performance depends on global and domestic trade volumes, which are influenced by economic, political, and market conditions beyond its control. Any decline in trade activity or adverse shifts in freight rates can negatively impact its business, operations, and financial results
Transportation risks
The company faces inherent transportation risks, including cargo loss, damage, accidents, and personal injury, some of which may not be fully insurable. Such incidents can lead to customer claims, operational disruption, repair costs, or legal liabilities, potentially affecting business performance
Competition
The company operates in a highly fragmented and competitive logistics industry, facing competition from local, regional, and global players with varying scale and resources. This intense competition may affect its ability to maintain market position and could impact its business, financial performance, and cash flows
IPO FAQs
The promoters of the company are Ankit Devidas Shah and Reema Ankit Shah.
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 126.0 - 126.0.
The IPO application opens on Dec 15, 2025 and closes on Dec 17, 2025.
The minimum lot size for the IPO is 2000. The maximum lot size for the IPO is 2000.
For all category investors, the minimum application amount for this IPO is Rs. 252,000.0, the maximum value for this IPO is Rs 252,000.0.
This IPO will be allotted on Dec 18, 2025.
The refund will be credited to your account on Dec 19, 2025.
The allotted shares will be credited to your demat on Dec 19, 2025.
Neptune Logitek Ltd.’s shares listed on the stock exchanges on Dec 22, 2025.