Global Ocean Logistics India was incorporated on January 08, 2021. The company is a multimodal freight forwarder offering ocean, air, road, and rail transportation, along with CFS services, customs clearance, project logistics, and 3PL solutions. It operates through major Indian ports and has pan-India coverage across 23 states supported by marketing offices in Vishakhapatnam, Jaipur, Pune, and Tuticorin
| Bidding Dates |
|---|
| 17 Dec 2025 - 19 Dec 2025 |
| Subscription |
|---|
| 12.75x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹2,36,800 | 2 | 2 | 1600 | 3.9 M | ₹74 - ₹78 | 59.86 % | ₹288.5 M - ₹304.1 M | RHP DOC |
Global Ocean Logistics IPO SUBSCRIPTION STATUS
19 Dec '25Global Ocean Logistics IPO overall subscription rate was 12.75 times the total available shares
Global Ocean Logistics IPO retail subscription rate was 15.83 times in the retail segment
Global Ocean Logistics IPO non-institutional investor subscription rate was 39.67 times in the non-institutional investor category
Global Ocean Logistics IPO Qualified Institutional Bidder subscription rate was 2.53 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
19 Dec 2025 (Day 3) | 15.83x | 39.67x | 2.53x |
18 Dec 2025 (Day 2) | 2.25x | 5.95x | 0.63x |
17 Dec 2025 (Day 1) | 0.39x | 5.48x | 0.63x |
Global Ocean 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 |
| H1FY26 | 107.3 | 4.5 | -0.6 | -0.6 | 5.6% |
| FY25 | 190.6 | 6.8 | -1.8 | -1.8 | 4.9% |
| FY24 | 102.2 | 2.6 | 2.3 | 1.7 | 3.9% |
| FY23 | 189.0 | 3.8 | -0.3 | -0.5 | 2.5% |
Global Ocean Logistics IPO SUBSCRIPTION STATUS DETAILS
Global Ocean Logistics had 3.9 M shares on offer
Global Ocean Logistics IPO offer price was in the range ₹74 - ₹78
Global Ocean Logistics IPO minimum Investment was ₹236800
Global Ocean Logistics IPO issue size was ₹ 288.5 M - ₹ 304.1 M
Global Ocean Logistics had a minimum lot size of 1600 Shares per application
Global Ocean Logistics NUMBER OF SHARES ON OFFER
Global Ocean Logistics IPO IMPORTANT DATES
| Issue Open Date | 17 Dec 2025 |
| Issue close Date | 19 Dec 2025 |
| Allotment Date | 22 Dec 2025 |
| Refund Date | 23 Dec 2025 |
| Demat Account Credit Date | 23 Dec 2025 |
| Listing Date | 24 Dec 2025 |
| Listing on Exchange(s) | BSE |
| Global Ocean Logistics Allotment Status | Exchange/ Registrar |
Global Ocean Logistics IPO subscription opened on 17 Dec 2025, and closed on 19 Dec 2025
IPO allotment for Global Ocean Logistics was finalized on Monday, 22 Dec 2025
IPO listing for Global Ocean Logistics was on BSE on Wednesday, 24 Dec 2025
Global Ocean Logistics IPO LISTING GAINS
| Issue Price (adjusted) | 78.0 |
| Listing Open Price | 79.2 |
| Listing Close Price | 79.3 |
| Listing Gain% | 1.5% |
| Current Gain% | 48.6% |
Global Ocean 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 % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Global Ocean Logistics India Ltd. | 115.9 | 167.4 | 16.4 | 0.3 | 0.8 | 19.6 | 15.2 | 211 | 10.1 | 10.2 | 49.1 | 7.1 | 49.1 |
| 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 |
Global Ocean Logistics INFORMATION ON IPO ISSUE
About Global Ocean Logistics
Global Ocean Logistics India was incorporated on January 08, 2021. The company is a multimodal freight forwarder offering ocean, air, road, and rail transportation, along with CFS services, customs clearance, project logistics, and 3PL solutions. It operates through major Indian ports and has pan-India coverage across 23 states supported by marketing offices in Vishakhapatnam, Jaipur, Pune, and Tuticorin
Object of the Issue
- Funding working capital requirements of the company
- General corporate purposes
Global Ocean Logistics - PROMOTERS
| Name |
|---|
| Niraj Nandkishor Narsaria |
| Anand Mehta |
Global Ocean Logistics - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Niraj Nandkishor Narsaria | Chairman & Managing Director |
| Satish B Singh | Whole Time Director & Chief Financial Officer |
| Namita N Narsaria | Non-Executive Non-Independent Director |
| Pratapkumar Dilip Kumar Sinha | Non-Executive Independent Director |
| Virendra R Rastogi | Non-Executive Independent Director |
Global Ocean Logistics Book Running Lead Manager
Marwadi Chandarana Intermediaries Brokers Private Limited
mb@marwadichandarana.com
Global Ocean Logistics Registrar to the issue
Kfin Technologies Limited
globalocean.ipo@kfintech.com
Global Ocean Logistics Strengths
Asset-light business model
The company follows an asset-light model, relying on partner networks for containers, vehicles, warehouses, and transporters, and holds key licenses such as MTO, IATA, FMC, AEO, FFFI, and ISO. As a member of global networks like WCA and JCtrans, it leverages over 20,000 agents worldwide to provide efficient door-to-door freight forwarding and insured shipment services
Diversified service portfolio
The company provides multimodal logistics solutions—including ocean and air freight, transport, CFS, customs clearance, and other services—helping clients improve service quality, reduce costs, and enhance supply chain visibility. Its asset-light model and strong logistics network offer flexibility and efficient operational control, supporting client retention across diverse industries
Geographic presence
With over 15 years of the promoter–Managing Director’s experience, the company has built strong internal intelligence on trade flows, route patterns, and seasonality, enabling efficient two-way movement with minimal empty runs. Its long-standing expertise supports route optimization and cost efficiency, backed by operations across major Indian ports and over 20 states through multiple marketing offices
Global Ocean Logistics Risks
Depend on third party logistics
The company relies heavily on third-party carriers and service providers for its logistics operations, and any delay, service failure, or inability to secure these partners can disrupt operations and harm financial performance. External factors such as equipment issues, strikes, weather, congestion, or rising carrier costs may further impact service availability and delivery timelines
Working capital intensive
The company has significant working capital needs, and insufficient cash flows could affect its ability to meet debt obligations and fund operations. It also faces credit risk from customers and vendors, where payment delays or defaults may impact cash flow and overall financial performance
Transportation risks
The company does not independently verify cargo contents, exposing it to risks if hazardous, illegal, or sensitive items are transported unknowingly. Any such incident could lead to legal liabilities, third-party claims, and reputational damage
IPO FAQs
The promoters of the company are Niraj Nandkishor Narsaria and Anand Mehta.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 74.0 - 78.0.
The IPO application opens on Dec 17, 2025 and closes on Dec 19, 2025.
The minimum lot size for the IPO is 3200. The maximum lot size for the IPO is 3200.
For all category investors, the minimum application amount for this IPO is Rs. 236,800.0, the maximum value for this IPO is Rs 249,600.0.
This IPO will be allotted on Dec 22, 2025.
The refund will be credited to your account on Dec 23, 2025.
The allotted shares will be credited to your demat on Dec 23, 2025.
Global Ocean Logistics India Ltd.’s shares listed on the stock exchanges on Dec 24, 2025.