SME
    listed

    Pooja Logistics IPO

    Updated 11 Nov 2026, 6:45 pm.

    Open Demat Account
    GMP disclaimer: GMP is unofficial and unregulated. It is not a recommendation or a reliable estimate of listing price or returns. Consider the RHP and your own risk assessment before applying.

    Minimum investment (Individual investors (IND))

    ₹2,76,000

    2 lots · 2,400 shares at the upper price band

    Price band

    ₹115

    Latest GMP

    ₹0

    0.0% of the ₹115 upper band

    Est. listing price

    ₹115

    Issue size

    ₹41.95 Cr

    Listing price

    ₹118.00

    NSE POOJALOGIS, special pre-open price

    Listing gain

    +2.6%

    Listing price against the issue price

    First-day close

    ₹123.90

    Since issue

    -2.6%

    ₹112 close, 13 Nov 2026

    As NSE lists it

    The exchange's own issue data, NSE symbol POOJALOGIS · read 14 Nov 2026, 12:15 am

    Price band
    ₹109–115
    Bidding
    23 Sept 2026 – 25 Sept 2026
    Subscribed (NSE)
    —
    Shares offered
    —
    Listed
    30 Sept 2026
    Issue price
    ₹115

    NSE's subscription counts bids on its own platform and can differ from the combined NSE + BSE figure above.

    Allotment status

    Check it on the registrar's page or either exchange with your PAN or application number.

    1. Allotment finalised28 Sept 2026(done)
    2. Refunds start29 Sept 2026(done)
    3. Shares credited to demat29 Sept 2026(done)
    4. Listing30 Sept 2026(done)

    GMP history

    Each point is a recorded observation from the scheduled data sync.

    ObservedGMPEst. listing price
    30 Sept 2026, 1:50 pm₹0₹115
    30 Sept 2026, 1:45 pm₹0₹115
    29 Sept 2026, 6:50 pm₹0₹115
    29 Sept 2026, 6:45 pm₹0₹115
    29 Sept 2026, 1:50 pm₹0₹115
    29 Sept 2026, 1:45 pm₹0₹115
    29 Sept 2026, 8:50 am₹0₹115
    29 Sept 2026, 8:45 am₹0₹115
    28 Sept 2026, 6:50 pm₹0₹115
    28 Sept 2026, 6:45 pm₹0₹115
    28 Sept 2026, 1:50 pm₹0₹115
    28 Sept 2026, 1:45 pm₹0₹115
    28 Sept 2026, 8:50 am₹0₹115
    28 Sept 2026, 8:45 am₹0₹115
    26 Sept 2026, 6:50 pm₹0₹115
    26 Sept 2026, 6:45 pm₹0₹115
    26 Sept 2026, 1:50 pm₹0₹115
    26 Sept 2026, 1:45 pm₹0₹115
    26 Sept 2026, 8:50 am₹0₹115
    26 Sept 2026, 8:45 am₹0₹115
    25 Sept 2026, 6:50 pm₹0₹115
    25 Sept 2026, 6:45 pm₹0₹115
    25 Sept 2026, 1:45 pm₹0₹115
    25 Sept 2026, 8:50 am₹0₹115
    25 Sept 2026, 8:45 am₹0₹115
    24 Sept 2026, 6:50 pm₹0₹115
    24 Sept 2026, 6:45 pm₹0₹115
    24 Sept 2026, 1:50 pm₹0₹115
    24 Sept 2026, 1:45 pm₹0₹115
    24 Sept 2026, 8:50 am₹0₹115
    24 Sept 2026, 8:45 am₹0₹115
    23 Sept 2026, 6:50 pm₹0₹115
    23 Sept 2026, 6:45 pm₹0₹115
    23 Sept 2026, 1:50 pm₹0₹115
    23 Sept 2026, 1:45 pm₹0₹115
    23 Sept 2026, 8:50 am₹0₹115
    23 Sept 2026, 8:45 am₹0₹115
    22 Sept 2026, 6:50 pm₹0₹115
    22 Sept 2026, 6:45 pm₹0₹115
    22 Sept 2026, 1:50 pm₹0₹115
    22 Sept 2026, 1:45 pm₹0₹115
    22 Sept 2026, 8:50 am₹0₹115
    22 Sept 2026, 8:45 am₹0₹115
    21 Sept 2026, 6:50 pm₹0₹115
    21 Sept 2026, 6:45 pm₹0₹115
    21 Sept 2026, 1:50 pm₹0₹115
    21 Sept 2026, 1:46 pm₹0₹115
    21 Sept 2026, 11:23 am₹0₹115
    21 Sept 2026, 8:45 am₹0₹115
    19 Sept 2026, 6:45 pm₹0₹0
    19 Sept 2026, 1:45 pm₹0₹0
    19 Sept 2026, 8:45 am₹0₹0

    GMP is an unofficial, unregulated grey-market estimate — not a prediction of listing performance.

    Issue details

    Board
    SME
    Price band
    ₹115
    Issue size
    ₹41.95 Cr
    Lot size
    1,200
    Opens
    23 Sept 2026
    Closes
    25 Sept 2026
    Allotment
    28 Sept 2026
    Listing
    30 Sept 2026
    Est. listing price
    ₹115
    Listing price
    ₹118
    Listing gain
    +2.6%
    Registrar
    Maashitla Securities Pvt.Ltd.
    Minimum investment
    ₹2,76,000 (2 lots · 2,400 shares)
    Face value
    ₹10 per share
    Issue type
    Bookbuilding IPO
    Sale type
    Fresh capital only
    Listing at
    NSE SME
    Refunds
    29 Sept 2026
    Shares credited
    29 Sept 2026
    Promoter holding
    93.68% before · 68.45% after
    Lead managers
    Share India Capital Services Pvt.Ltd.

    Subscription by category

    As of 25 Sept 2026, 6:55 pm.

    Total subscription

    3.11x

    Qualified Institutional2.50×
    Non Institutional4.87×
    Retail Individual2.86×

    Full issue details

    Details as published for this issue, read 29 Sept 2026, 2:05 pm. Verify against the RHP before applying.

    IPO Details

    IPO Date23 to 25 Sep, 2026
    Listing DateWed, Sep 30, 2026 (tentative)
    Face Value₹ 10 per share
    Price Band₹109 to ₹115
    Issue Price₹115 per share
    Lot Size1,200 Shares
    Sale TypeFresh capital only
    Issue TypeBookbuilding IPO
    Listing AtNSE SME
    Total Issue Size38,46,000 shares (agg. up to ₹ 44 Cr)
    Reserved for Market Maker1,98,000 shares (agg. up to ₹ 2 Cr) Share India Securities Ltd. Prabhat Financial Services Ltd.
    Fresh Issue (Ex Market Maker)36,48,000 shares (agg. up to ₹ 42 Cr)
    Net Offered to Public36,48,000 shares (agg. up to ₹ 42 Cr)
    Share Holding Pre Issue1,04,38,000 shares
    Share Holding Post Issue1,42,84,000 shares

    IPO Timetable (Tentative)

    IPO Open
    Wed, Sep 23, 2026
    IPO Close
    Fri, Sep 25, 2026
    Allotment
    Mon, Sep 28, 2026
    Refund
    Tue, Sep 29, 2026
    Credit of Shares
    Tue, Sep 29, 2026
    Listing
    Wed, Sep 30, 2026

    Issue Reservation

    • QIB46.18%
    • NII (HNI)14.04%
    • Retail32.76%
    • Employee1.87%
    • Market Maker5.15%
    Issue Reservation: Share of the issue reserved for each investor category. Figures as published in the table below.
    Investor CategoryShares% of Net Issue% of Total Issue
    QIB17,76,00049.66%46.18%
    - Anchor Investor10,62,000—27.61%
    - QIB (Ex. Anchor)7,14,000—18.56%
    NII (HNI)5,40,00015.10%14.04%
    - bNII > ₹10L3,60,000—9.36%
    - sNII < ₹10L1,80,000—4.68%
    Retail12,60,00035.23%32.76%
    Preferential Reservations
    Employee72,000—1.87%
    Firm Reservations
    Market Maker1,98,000—5.15%
    Total38,46,000100.00%100.00%

    Pooja Logistics IPO comprises a total issue size of 38,46,000 shares. The net offer to the public is 35,76,000 shares, after excluding 1,98,000 shares allotted on a firm basis and 72,000 shares under a preferential allotment. Of the Net offer 17,76,000 (49.66%) are allocated to QIB , 5,40,000 (15.10%) allocated to NII 12,60,000 (35.23%) allocated to RII .

    IPO Lot Size

    Individual investors (IND) (Min)₹2,76,000
    Individual investors (IND) (Max)₹2,76,000
    S-HNI (Min)₹4,14,000
    S-HNI (Max)₹9,66,000
    B-HNI (Min)₹11,04,000
    Employee (Min)₹2,76,000
    Employee (Max)₹4,14,000
    IPO Lot Size: What an application costs at the upper price band, by category. Figures as published in the table below.
    ApplicationLotsSharesAmount
    Individual investors (IND) (Min)22,400₹2,76,000
    Individual investors (IND) (Max)22,400₹2,76,000
    S-HNI (Min)33,600₹4,14,000
    S-HNI (Max)78,400₹9,66,000
    B-HNI (Min)89,600₹11,04,000
    Employee (Min)22,400₹2,76,000
    Employee (Max)33,600₹4,14,000

    Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.

    IPO Anchor Investors

    Bid DateTue, Sep 22, 2026
    Shares Offered10,62,000
    Anchor Portion (₹ Cr.)12.21
    Anchor lock-in period end date for 50% shares (30 Days)Wed, Oct 28, 2026
    Anchor lock-in period end date for remaining shares (90 Days)Sun, Dec 27, 2026

    Pooja Logistics IPO raises ₹ 12.21 crore from anchor investors . Pooja Logistics IPO Anchor bid date is September 22, 2026 .

    📝 Anchor Investors Letter (PDF)

    Investor Category Reservations

    Application CategoryBidding Limits
    Only Individual investor (retail)2 lots
    Only sNII3 lots - 7 lots
    Only bNII8 lots and above
    Only employee2 lots - 3 lots
    Employee + RII/NII1. Employee limit: 2 lots - 3 lots AND 2. If applying as RII: 2 lots OR 2. If applying as sNII: 3 lots - 7 lots OR 2. If applying as bNII: 8 lots and above

    * Bidding at cut-off price is not allowed for any category

    About Pooja Logistics Ltd.

    Incorporated in 2011, Pooja Logistics Ltd. is engaged in providing temperature-controlled logistics services for the transportation of perishable goods across India through refrigerated trucks ("reefers"). The company offers cold chain logistics services to a range of industries. Their in-house fleet as on March 31, 2026 comprises over 424 GPS-enabled vehicles dedicated to the transportation of temperature-sensitive goods.

    Services:

    Confectionery & Bakery: Temperature-controlled transport for chocolates, pastries, and baked goods.

    Dairy Products: Cold-chain logistics for milk, butter, cheese, yogurt, and ice cream.

    QSRs: Timely transportation of frozen and fresh food, including poultry and seafood.

    Pharmaceuticals & Healthcare: Temperature-monitored transportation of vaccines, medicines, and medical devices.

    E-commerce & Retail: Delivery of groceries, meats, and other temperature-sensitive products.

    The company cater to clients operating in the confectionery, dairy and dairy products, quick-service restaurants (QSRs), pharmaceuticals, and e-commerce sectors. We transport temperature-sensitive consignments while maintaining operational systems designed to maintain compliance with applicable standards.

    As on July 31, 2026, the company has total employed around 101 employees.

    Competitve Strengths:

    Owned Refrigerated Vehicle Fleet

    Long-standing Relationship with Key Customers

    Geographic Reach of the Company

    Organizational stability along with Promoter's experience

    Company Financials (Restated Consolidated)

    Total Income

    31 Mar 2024125.14
    31 Mar 2025150.49
    31 Mar 2026167.77

    Profit After Tax

    31 Mar 20245.73
    31 Mar 202511.02
    31 Mar 202612.34

    EBITDA

    31 Mar 202419.13
    31 Mar 202523.09
    31 Mar 202627.30

    NET Worth

    31 Mar 202414.83
    31 Mar 202525.85
    31 Mar 202642.31
    Company Financials (Restated Consolidated): Each line is scaled to its own largest period, ₹ crore - compare periods within a line, not one line against another. Figures as published in the table below.
    Period Ended31 Mar 202631 Mar 202531 Mar 2024
    Assets98.1370.0659.78
    Total Income167.77150.49125.14
    Profit After Tax12.3411.025.73
    EBITDA27.3023.0919.13
    NET Worth42.3125.8514.83
    Reserves and Surplus31.8715.8514.73
    Total Borrowing39.2129.0031.03
    Amount in ₹ Crore

    Pooja Logistics Ltd.'s revenue increased by 11% and profit after tax (PAT) rose by 12% between the financial year ending with March 31, 2026 and March 31, 2025.

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    IPO Objects of the Issue

    Purchase of Vehicles33.97
    General Corporate Purposes4.69
    Public Issue Expenses5.56
    IPO Objects of the Issue: What the proceeds are earmarked for (₹ Cr.). Figures as published in the table below.
    #Issue ObjectsEst Amt (₹ Cr.)
    1Purchase of Vehicles33.97
    2General Corporate Purposes4.69
    3Public Issue Expenses5.56
    Total44.23

    The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

    Key Performance Indicator (KPI)

    KPIMar 31, 2025
    ROCE34.47%
    Debt/Equity1.12
    RoNW54.20%
    PAT Margin7.41%
    EBITDA Margin15.52%
    NAV25.85
    Price to Book Value4.45

    Check IPO Peer Comparison here.

    IPO Valuation

    Valuation MetricPre IPOPost IPO
    EPS (₹)11.828.64
    P/E (x)9.7313.31
    Market Cap at Offer Price₹120.04 Cr.₹164.27 Cr

    Disclaimer

    The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue

    The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.

    The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.

    Shareholding Structure

    Pre IPO

    • Promoter and Promoter Group93.68%
    • Public6.32%

    Post IPO

    • Promoter and Promoter Group68.45%
    • Public31.55%
    Shareholding Structure: Who holds the company before and after the issue. Figures as published in the table below.
    CategoryPre IPOPost IPO
    Promoter and Promoter Group93.68%68.45%
    Public6.32%31.55%
    Total100%100%

    Company Promoters: Deepak Khanna and Anu Khanna.

    Pooja Logistics IPO Recommendations

    Review BySubscribeMay ApplyNeutralAvoid
    Brokers0000
    Members0000

    IPO Subscription Status

    CategorySubscription (x)Shares OfferedShares bid forTotal Applications
    QIB (Ex Anchor)2.507,14,00017,85,60036
    NII *4.875,40,00026,31,6000
    bNII (> ₹10L)5.133,60,00018,46,800—
    sNII (< ₹10L)4.361,80,0007,84,800—
    Individual Investor2.8612,60,00036,00,0001,500
    Total3.1125,86,00080,52,0001,937

    The Pooja Logistics IPO is subscribed 3.11 times on September 25, 2026 6:55:01 PM (Day 3). The public issue subscribed 2.86 times in the individual investors category, 2.50 times in the QIB category, and 4.87 times in the NII category. Check Day by Day Subscription Details (Live Status)

    Reload

    Total Applications: 1,937

    *Market Maker portion is not included to NII/HNI.

    IPO Expenses

    #Issue ExpensesEst Amt (₹ Cr.)
    1Book Running Lead Manager Fee0.60
    2Underwriting Commission2.21
    3Fees payable to Market Makers to the Issue0.20
    4Marketing and selling commission2.19
    5Fees payable to the Registrar to the Issue0.01
    6Fees payable for Advertising, Marketing and Publishing Expenses etc0.16
    7Fees Payable to Regulators including Stock Exchanges0.04
    8Fees Payable to Depositories – CDSL & NSDL0.03
    9Payment for Printing & Stationery, Postage, etc0.01
    10Fees Payable to Statutory Auditor, Legal Advisors, Peer Review Auditor, and other professionals0.10
    11Other Expense including Processing fees of the Banker to the Issue, commission and brokerage payable to the SCSB Syndicate, RTA, CDPs and SCSBs, listing related out of pocket expenses, and Miscellaneous Expenses0.01
    Total5.56

    IPO Registrar

    Maashitla Securities Pvt.Ltd.

    011-45121795

    investor.ipo@maashitla.com

    IPO Lead Manager(s)

    Share India Capital Services Pvt.Ltd.

    Contact Details

    Pooja Logistics Ltd. Address

    4 - Community Centre,

    Industrial Area Lawrence Road

    Delhi, New Delhi , 110035

    +91-9220607703

    cs.legal@poojalogistics.in

    FAQ

    Pooja Logistics: common questions

    Answered from this issue's own record.

    The Pooja Logistics SME IPO is priced at ₹115 per share, for an issue size of ₹41.95 crore.

    The issue opens on 23 Sept 2026 and closes on 25 Sept 2026, with listing expected on 30 Sept 2026.

    One lot is 1200 shares, and applications must be in multiples of a lot. At the upper band that is ₹1,38,000 for one lot.

    Latest recorded subscription: QIB 2.5x, NII 4.87x, retail 2.86x (as of 11 Nov 2026).

    Pooja Logistics listed at ₹118 on 30 Sept 2026. That was a gain of 2.61% against the issue price.