The IPO is priced in a band of Rs 74 to Rs 78 per share, with a lot size of 1,600 shares. At the upper end of the band, the company is valued at about Rs 113 crore. The GMP remained flat, indicating a GMP of 0% and signalling muted expectations of listing-day gains.
The entire issue is a fresh issue of 38.99 lakh shares, with proceeds earmarked primarily for funding working capital requirements and general corporate purposes. Of the total issue size, around 28.5% has been allocated to anchor investors, while retail investors account for roughly one-third of the offer.
Global Ocean Logistics is a relatively young company, incorporated in 2021, and operates as a freight forwarding and multi-modal logistics services provider. Its offerings span ocean freight forwarding, road and rail transport, air freight, container freight station services, customs clearance and allied logistics solutions. The company follows an asset-light model and relies on a network of agency partners for global reach.
Operationally, the company services shipments through major Indian ports including Nhava Sheva, Mundra, Chennai and Hazira, and has marketing offices in Vishakhapatnam, Jaipur, Pune and Tuticorin. Between FY23 and FY25, it handled close to 25,000 shipments across 263 global ports, amounting to over 73,000 TEUs. As of December 2025, it employed 55 people.
Financially, Global Ocean Logistics has reported sharp growth in recent years, though margins remain thin. Revenue rose 85% between FY24 and FY25, while profit after tax increased 159% during the same period. For FY25, the company reported total income of Rs 191.6 crore and a PAT of Rs 6.82 crore.
The issue is being managed by Marwadi Chandarana Intermediaries Brokers as the book-running lead manager, with Kfin Technologies as registrar. Mansi Share & Stock Broking has been appointed as the market maker.With a flat grey market premium and rising investor selectivity toward SME offerings, Global Ocean Logistics’ listing performance is expected to hinge on subscription trends and broader sentiment toward logistics and trade-linked businesses rather than near-term speculative demand.
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