Neptune Logitek IPO

About Neptune Logitek IPO

The offer consists of a fresh issue component. The fresh issue will include up to 37,00,000 Equity Shares aggregating to ₹46.620 crores . Hence, the total number of shares and aggregate amount is up to 37,00,000 Equity Shares aggregating to ₹46.620 crores.

Neptune Logitek issue price is set at ₹126 per share. The lot size for an application is 1000. The minimum amount of investment required by an individual investor (retail) is ₹2,52,000.00 (2,000 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (3,000 shares), amounting to ₹3,78,000.

The IPO opening date is Monday, Dec 15, 2025. The closing date is Wednesday, Dec 17, 2025. The listing date is Monday, Dec 22, 2025. The allotment date is Thursday, Dec 18, 2025 . The credit of shares to the demat account will take place on Friday, Dec 19, 2025. The initiation of refunds will take place on Friday, Dec 19, 2025.

Neptune Logitek, with over 13 years of operational experience since inception, provides differentiated logistics solutions with their: (a) pan-India presence, (b) integrated service offerings, (c) focus on improving service through door to door services, and (d) large network of vehicle fleet.

Objectives of Neptune Logitek IPO

• Funding capital expenditure requirements of the company towards purchase of trucks (“Vehicles”) and ancillary equipment (“Equipment”).
• Funding towards repayment of loan.
• Funding expenditure for general corporate purposes.

Industry Outlook

India’s logistics industry is poised for significant growth over the coming years, driven by rapid industrial expansion, infrastructure development, policy reforms, and the booming e-commerce sector. The market, valued at USD 35,400 crores in FY 2024, is projected to reach approximately USD 45,000 crores by FY 2027, reflecting a robust compound annual growth rate (CAGR) of 8.3%. This growth trajectory underscores the sector’s rising importance in facilitating domestic and international trade, while ongoing skill development initiatives and government support continue to enhance operational efficiency and workforce capabilities.

In recent years, the logistics sector has witnessed significant transformation, driven by favourable policy changes and strategic government initiatives. The easing of Foreign Direct Investment (FDI) norms has opened up the sector to international players, bringing in advanced technologies, better practices, and increased competition. Furthermore, the proposed implementation of the Goods and Services Tax (GST) has the potential to create a unified national market, eliminating the complexities of inter-state taxation and enhancing the efficiency of logistics operations. Additionally, India has been making notable improvements in its global logistics performance. According to the World Bank’s Logistics Performance Index, India ranked 38th in 2023-2024, signalling enhanced logistics capabilities, improved infrastructure, and better regulatory environments.

Neptune Logitek Company Information

As an integrated logistics company in India, the company primarily operates in the following segments:

(i) Freight Forwarding and Customs Clearance including Import and Export;
(ii) Air Freight Transportation (including Import and Export and Courier Services);
(iii) Door-to-Door Multimodal Coastal Forwarding;
(iv) Road Transportation; and
(v) Rail Transportation.

They have a pan-India presence through a network of head office and 9 (nine) branch offices, strategically located to support their operations. Out of these, one branch is specifically dedicated to the repair and maintenance of their trucks and fleet, which enables them to ensure vehicle readiness, reduce downtime, and maintain service quality across their logistics chain. They also operate a captive petrol pump with storage capacity of 60 kilolitres, for which they hold a valid Class B licence from the Petroleum and Explosives Safety Organisation (PESO). This in-house facility helps them better manage fuel usage and optimise operational costs.

Strengths of Neptune Logitek IPO

• Fuelling success with an asset-driven business model.
  
• Optimal utilisation of resources across all areas of its operations.
  
• Long-standing relationships with their clients.
  
• Seamless integration of technology for enhanced efficiency.
  
• In-house maintenance and direct procurement.
  

Risks of Neptune Logitek IPO

• Inadequacies in reliable transportation infrastructure.
  
• Increase in the age of their vehicles and an increase in the prices of vehicles.
  
• Any adverse development affecting the growth of trade volumes and freight rates.
  
• Dependence on the performance of industries in which their customers operate, particularly mining, agriculture, ceramic & pottery, wood & plywood industry, etc.
  
• Dependence on third-party service providers and vendors/suppliers.
  

Anchor Investor Bidding Date: TBA

Registrar: Bigshare Services Private Limited

Book Running Lead Managers: Galactico Corporate Services Limited

Neptune Logitek Business Model

The company earns its revenue through the following:

• Freight Forwarding and Customs Clearance including Import and Export
• Air Freight Transportation (including Import and Export and Courier Services)
• Door-to-Door Multimodal Coastal Forwarding
• Road Transportation
• Rail Transportation

Neptune Logitek Company Growth Trajectory

The company's total income for the financial year 2024-25 stood at ₹260.74 crore whereas in financial year 2023-24, the same stood at ₹175.76 crore, representing an increase of 48.36%.

They reported a restated Profit After Tax (PAT) for the financial year 2024-25 of ₹9.16 crore in comparison to ₹0.0036 crore in the financial year 2023-24.

The company’s EBITDA for the financial year 2024-25 was ₹21.381 crore in comparison to ₹9.743 crore in the financial year 2023-24.

How to apply for Neptune Logitek IPO?

• Step 1: Log in to your Kotak Neo Demat account: Log in to your Demat account to access IPO investments. Next, select the current IPO section.
• Step 2: Specify IPO details: Enter the number of lots and the price you wish to apply for.
• Step 3: Enter UPI ID After entering your UPI ID, click submit. This will place your bid with the exchange.
• Step 4: Mandate Notification: Your UPI app will receive a mandate notification to block funds.
• Step 5: Approve Request Your funds will be blocked once you approve the mandate request on your UPI.