Jayesh Logistics is set to launch its SME IPO on 27 October 2025, and the issue will remain open for subscription until 29 October 2025. The IPO is a Book Built Issue through which the company plans to raise about ₹28.64 crore, entirely through a fresh issue of equity shares with a face value of ₹10 each. The price band has been fixed between ₹116 and ₹122 per share.
For investors, the allotment will be announced on 30 October 2025, while the shares are scheduled to list on NSE SME on 3 November 2025. The issue allocation is divided as 50% for QIBs, 15% for HNI/NII investors, and 35% for retail investors.
The company has shown strong year-on-year growth. Revenue increased from ₹88.30 crore in FY2024 to ₹112.03 crore in FY2025, while profit rose from ₹3.16 crore to ₹7.20 crore during the same period. These numbers indicate improving business fundamentals, making the IPO more favourable for long-term investors.
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Jayesh Logistics IPO Details
| IPO Detail | Information |
|---|---|
| IPO Open Date | 27 October 2025 |
| IPO Close Date | 29 October 2025 |
| Face Value | ₹10 per equity share |
| IPO Price Band | ₹116 to ₹122 per share |
| Issue Size | ₹28.64 crore |
| Fresh Issue | ₹28.64 crore |
| Issue Type | Book Built Issue |
| IPO Listing | NSE SME |
| DRHP Draft Prospectus | View PDF |
| RHP Draft Prospectus | View PDF |
| IPO Bidding Cut-off Time | 29 October 2025 – 5 PM |
Jayesh Logistics IPO
Open: 27-29 Oct 2025
Issue Size: ₹28.64 Cr.
Objective: Buy new trailers, fund working capital, and implement smart logistics.
Exchange: NSE SME
Jayesh Logistics IPO Review
Jayesh Logistics has reported consistent revenue and profit growth over the last four years, supported by a growing client base and a dedicated fleet of heavy-duty trucks. The company’s use of technology for tracking and operations adds reliability to its services.
Although the debt-to-equity ratio is on the higher side, the strong ROE, healthy margins, and expansion plans suggest long-term potential. For investors with a medium- to long-term outlook, this IPO may be worth considering.
Jayesh Logistics IPO Market Lot
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2,000 | ₹2,44,000 |
| Retail Maximum | 2 | 2,000 | ₹2,44,000 |
| S-HNI Minimum | 3 | 3,000 | ₹3,66,000 |
| S-HNI Maximum | 8 | 8,000 | ₹9,76,000 |
| B-HNI Minimum | 9 | 9,000 | ₹10,98,000 |
Jayesh Logistics IPO Reservation
| Investor Category | Shares Offered | Percentage |
|---|---|---|
| Anchor Investor | 5,56,000 | 23.69% |
| QIB (Ex. Anchor) | 5,56,000 | 23.69% |
| NII | 3,35,000 | 14.27% |
| Retail | 7,80,000 | 33.23% |
Jayesh Logistics IPO Anchor Investors
| Detail | Information |
|---|---|
| Anchor Bidding Date | 24 October 2025 |
| Anchor Investors List | View PDF |
| Shares Offered | 5,56,000 shares |
| Anchor Size | ₹6.78 crore |
| Lock-in end date (50% – 30 days) | 29 November 2025 |
| Lock-in end date (50% – 90 days) | 28 January 2026 |
Jayesh Logistics IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | 27 October 2025 |
| IPO Close Date | 29 October 2025 |
| Basis of Allotment | 30 October 2025 |
| Refunds | 31 October 2025 |
| Credit to Demat | 31 October 2025 |
| IPO Listing Date | 3 November 2025 |
Promoters and Holding Pattern
| Particular | Shares | Percentage |
|---|---|---|
| Promoter Holding Pre-Issue | 63,44,449 | 97.57% |
| Promoter Holding Post-Issue | 86,91,649 | 71.22% |
Promoters: Include Sanjay Kumar Kundaliya, Navita Kundaliya, Bishnu Kumar Bajaj, Rashmi Bajaj and RHMB India Private Limited.
Objects of the Issue
The company plans to utilize the net proceeds from the IPO for multiple purposes. A portion of the funds amounting to ₹8.85 crores will be used for the expenditure towards the purchase of side wall trailers.
Around ₹11.24 crores is allocated for meeting the company’s working capital requirements. Additionally, ₹0.72 crores will be used for the implementation of phase 2 of the Smart Logistics Application. The remaining amount will be deployed for general corporate purposes.
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About Jayesh Logistics
Jayesh Logistics Limited, established in 2011, is a logistics and supply chain company offering freight services through road and rail. The company also provides loading/unloading, truck hiring, and customs clearance services. It serves more than 200 clients across industries such as cement, engineering, iron and steel, heavy machinery, and construction.
The company owns a fleet of 95 material and cargo trucks, ensuring smoother operations and better control. It also uses GPS and SAP systems for real-time tracking and fleet management. As of April 2025, the company employs 42 people.
Jayesh Logistics IPO Financials
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2022 | ₹51.36 crore | ₹50.41 crore | ₹0.96 crore | ₹21.36 crore |
| 2023 | ₹60.37 crore | ₹58.88 crore | ₹1.09 crore | ₹21.86 crore |
| 2024 | ₹88.30 crore | ₹83.91 crore | ₹3.16 crore | ₹47.52 crore |
| 2025 | ₹112.03 crore | ₹102.34 crore | ₹7.20 crore | ₹58.88 crore |
| June 2025 | ₹25.25 crore | ₹22.49 crore | ₹2.02 crore | ₹65.22 crore |
Jayesh Logistics IPO Valuation
| KPI | Value |
|---|---|
| ROE | 56.77% |
| ROCE | 27.23% |
| EBITDA Margin | 15.13% |
| PAT Margin | 6.43% |
| Debt-to-equity ratio | 1.61 |
| EPS (Basic) | ₹11.58 |
| P/E Ratio | NA |
| RoNW | 56.77% |
| NAV | ₹27.32 |
Peer Comparison
| Company | EPS | PE Ratio | RoNW | NAV | Income |
|---|---|---|---|---|---|
| SJ Logistics India Ltd | 35.76 | 10.69 | 25.10% | 137.18 | 502.49 crore |
| AVG Logistics Limited | 15.01 | 14.69 | 8.65% | 163.76 | 551.52 crore |
| Ritco Logistics Limited | 14.99 | 18.60 | 12.59% | 113.93 | 1,189.69 crore |
IPO Lead Manager
Indcap Advisors Pvt. Ltd.
Company Contact Information
Jayesh Logistics Ltd.
1, Crooked Lane, 3rd Floor, Room No. 322
Kolkata, West Bengal – 700069
Phone: +91 90387 09000
Email: info@jayeshlogistics.com
Website: https://www.jayeshlogistics.com/
IPO Registrar
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: jll.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Expert Comment
Jayesh Logistics is positioned in a sector that benefits directly from India’s expanding infrastructure and manufacturing activity. The company’s financial performance, improving profitability, and operational scale show promising momentum.
While the valuation metrics are still evolving due to the SME nature of the issue, the fundamentals indicate strength. Investors looking for logistics-focused growth opportunities may find this IPO suitable for a long-term portfolio allocation.
