Global Ocean Logistics IPO
The Global Ocean Logistics IPO falls under the SME IPO category and is a book-built issue worth ₹30.41 crore, offered by Global Ocean Logistics Limited. The company operates as a freight forwarding enterprise, delivering comprehensive multimodal logistics solutions across various industries.
Global Ocean Logistics provides a wide range of logistics services, including:
- Ocean Freight Forwarding for shipping and coastal transportation, including ODC cargo
- Road and Rail Transportation services
- Air Freight Forwarding for air cargo movement
- Container Freight Station (CFS) operations
- Customs clearance and other allied logistics services
The company has established four marketing offices located in Visakhapatnam, Jaipur, Pune, and Tuticorin, enabling pan-India operations across more than 23 states and union territories. Its logistics network is supported by operations at major Indian ports such as Nhava Sheva, Hazira, Tumb, Pune, Mundra, and Chennai.
Global Ocean Logistics IPO Details
The Global Ocean Logistics IPO is anticipated to begin accepting subscriptions on December 17, 2025, and end on December 19, 2025. The IPO allocation is expected to be finalised on December 22, 2025, and the refund will start on December 23, 2025.
This ₹30.41 crore SME IPO consists of a new issue of 0.39 crore shares.
On Wednesday, December 24, 2025, the Global Ocean Logistics IPO is set to list on the BSE SME platform.
The price range for the Global Ocean Logistics IPO is ₹74 to ₹78 per share.
IPO Timetable (Tentative)
| Events | Date |
| IPO Opening Date | Dec 17, 2025 |
| IPO Closing Date | Dec 19, 2025 |
| IPO Allotment Date | Dec 22, 2025 |
| Refund Initiation | Dec 23, 2025 |
| IPO Listing Date | Dec 24, 2025 |
Company Financials
(Amount in Cr)
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 35.22 | 23.56 | 18.07 |
| Total Income | 191.60 | 103.45 | 191.43 |
| PAT | 6.82 | 2.63 | 3.83 |
| Net Worth | 9.40 | 3.96 | 4.78 |
| Reserves & Surplus | 17.39 | 8.57 | 5.94 |
| Total Borrowing | 6.84 | 7.57 | 4.94 |
Cash Flows
(Amount in lac)
| Net Cash Flow | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Net Cash Flow Operating Activities | (176.34) | 234.27 | (26.67) |
| Net Cash Flow Investing Activities | (27.49) | (51.98) | (45.58) |
| Net Cash Flow Financing Activities | 176.32 | (17.96) | (3.74) |
Revenue Bifurcation
(Rs. in Lac)
(Source: RHP)
Objective of the Issue
The company intends to utilise the Net Proceeds from the Issue for the following purposes:
- Meeting Working Capital Requirements – approximately ₹21.27 crore
- General Corporate Purposes
Listed Peers of Global Ocean Logistics Ltd.
| Name of the Company | Face Value (Rs.) | EPS (Rs.) | P/E Ratio (x) |
| SJ Logistics India Ltd | 10 | 35.76 | 12.05 |
| Blue Water Logistics Limited | 10 | 13.34 | 12.07 |
| Tiger Logistics Limited | 1 | 2.55 | 15.09 |
Valuation
| KPI | Value |
| ROE | 53% |
| ROCE | 53% |
| Debt-to-Equity | 0.07 |
| RoNW | 39.19% |
| PAT Margin | 3.58% |
| EBITDA Margin | 4.93% |
Evaluation of P/E Ratio
For the period ended FY 2025, the company reported an EPS of ₹6.98 based on the most recent financial year. Based on this, the price-to-earnings (P/E) ratio works out to 11.17x.
IPO Strengths
- Maintains long-standing relationships with a diverse client base across multiple industries.
- Operates under an asset-light business model, leading to improved operational efficiency.
- Offers a comprehensive range of services, including transportation, CFS operations, customs clearance, ocean freight forwarding, and air freight forwarding, helping clients reduce costs while enhancing supply chain quality, scalability, and visibility.
- Supported by an experienced management team, led by the promoters along with a capable internal team.
IPO Weaknesses
- Business volumes and revenue may decline significantly if international trade slows due to shipping disruptions, changes in import/export regulations, economic downturns, or geopolitical events.
- Revenue could be materially impacted if a small number of key clients reduce business or switch service providers due to pricing issues, service quality concerns, or adverse market conditions.
- Competition from large domestic and international logistics companies with stronger pricing power may affect profit margins and customer retention.
Global Ocean Logistics IPO GMP (Grey Market Premium)
The Global Ocean Logistics IPO GMP has not yet started as of 17 December 2025, at the time of writing this information.
Check : Live IPO GMP
Global Ocean Logistics IPO Summary
| IPO Opening & Closing Date | 17 Dec, 2025 to 19 Dec, 2025 |
| Face Value | Rs. 10 per Share |
| Issue Price | Rs. 74 to Rs. 78 per Share. |
| Lot Size | 1600 Shares |
| Issue Size | 38,99,200 Shares (Rs. 30.41 Cr) |
| Offer for Sale | - |
| Fresh Issue | 38,99,200 Shares (Rs. 30.41 Cr) |
| Listing at | BSE, SME |
| Issue Type | Book build issue IPO |
| Registrar | Kfin Technologies Ltd. |
IPO Lot Details
Retail investors can apply for a minimum of 2 lots, comprising 3,200 shares, with an investment amount of ₹2,49,600, and thereafter in multiples of the lot size.
HNI investors are required to apply for a minimum of 3 lots, amounting to 4,800 shares, with a total investment of ₹3,74,400.
| Minimum Lot Investment (Retail) | 2 Lots |
| Maximum Lot Investment (Retail) | 2 Lots |
| HNI (Min) | 3 Lots |
Global Ocean Logistics IPO Allotment Status
Investors can check the Global Ocean Logistics IPO allotment status by visiting the official registrar’s website or the BSE website. The relevant allotment status can be accessed through the following option:
- Using the BSE website – BSE IPO allotment status
Promoters and Management of Global Ocean Logistics Ltd.
The company is led by an experienced promoter and management team, which includes:
- Niraj Nandkishor Narsaria
- Anand Mehta
| Pre-Issue Promoter Shareholding | 82% |
| Post-Issue Promoter Shareholding | - |
IPO Lead Managers
The Lead Manager to the Global Ocean Logistics IPO is Marwadi Chandarana Intermediaries Brokers Pvt. Ltd.
Dividend Policy
The company has not declared or paid any dividends during the last three financial years.
Conclusion
An opportunity to invest in a rapidly expanding, asset-light logistics company with a wide range of service offerings and a strong return on equity (ROE) is presented by the Global Ocean Logistics IPO. The company's growth plans are further supported by its emphasis on improving its working capital position. While making sure the investment fits with their risk tolerance and financial objectives, investors looking for exposure to India's growing logistics industry may take a look at this IPO. As usual, before applying, a careful assessment of the company's foundations is advised.
