Jayesh Logistics IPO Day 3: The initial public offering (IPO) of Jayesh Logistics Ltd has received an overwhelming response from investors, as the issue was subscribed 65.59 times by the third and final day of bidding, according to data from chittorgarh.com. The Non-Institutional Investors (NII) category emerged as the top contributor, subscribing 138.75 times, while the retail portion was booked 51.79 times. The Qualified Institutional Buyers (QIB) segment saw a robust subscription of 40.86 times.
The company received bids for 10.96 crore shares against 16.71 lakh shares on offer, reflecting strong investor confidence in the logistics and supply chain sector.
Jayesh Logistics IPO Timeline and Price Band
The Jayesh Logistics IPO opened for subscription on October 27 and closed on October 29, 2025. The price band was set between ₹116 to ₹122 per equity share, each with a face value of ₹10. Investors could bid for a minimum of 1,000 equity shares, and in multiples thereafter.
On the first day, the issue was subscribed 4.29 times, and by the second day, it had jumped to 8.29 times, setting the stage for a stellar close.
Company Overview: Serving 200+ Clients Across Industries
Jayesh Logistics Ltd operates in the logistics and supply chain management space, offering a wide range of freight and non-freight services. The company provides road transport, rail freight, and other logistics solutions, along with loading, unloading, truck rental (TFN), customs clearance, and machinery rental services.
With a client base of over 200 companies, Jayesh Logistics caters to diverse industries, including iron and steel, infrastructure, cement, heavy machinery, and engineering construction. It also handles both domestic and international consignments, offering end-to-end supply chain support.
The company was founded by Sanjay Kumar Kundaliya, Navita Kundaliya, Bishnu Kumar Bajaj, Rashmi Bajaj, and Rishi Maheshwari, along with RHMB India Pvt Ltd.
Peer Comparison and Market Position
According to the Red Herring Prospectus (RHP), Jayesh Logistics competes with publicly listed peers such as:
- SJ Logistics India Ltd (P/E: 10.69)
- AVG Logistics Ltd (P/E: 14.69)
- Ritco Logistics Ltd (P/E: 18.60)
The company aims to leverage its integrated service model and technology-backed operations to expand its market footprint.
IPO Proceeds: Focus on Fleet Expansion and Smart Logistics App
Jayesh Logistics plans to utilize the IPO proceeds for several growth initiatives:
- ₹8.8 crore – Acquisition of side-wall trailers
- ₹11.2 crore – Working capital requirements
- ₹0.7 crore – Implementation of the second phase of its Smart Logistics Application
- Remaining funds – General corporate purposes
These investments are expected to enhance operational efficiency and strengthen the company’s logistics capabilities.
Jayesh Logistics IPO GMP Today
As per data from investorgain.com, the Jayesh Logistics IPO grey market premium (GMP) today stands at ₹7. This implies that the shares are trading at a 5.74% premium over the upper issue price of ₹122, indicating a likely listing price around ₹129 per share.
The GMP reflects investors’ willingness to pay above the issue price, hinting at positive listing expectations.
Key Highlights
- IPO Subscription: 65.59x on Day 3
- Retail Portion: 51.79x subscribed
- NII Portion: 138.75x subscribed
- QIB Portion: 40.86x subscribed
- Price Band: ₹116 – ₹122 per share
- GMP Today: ₹7
- Expected Listing Price: ₹129 (approx.)
- Issue Dates: October 27–29, 2025
Summary
The Jayesh Logistics IPO has closed on a high note, with massive investor participation across all categories. Backed by a strong logistics network, diversified clientele, and focused expansion plans, the company’s growth trajectory appears promising.
However, as with all IPO investments, experts advise retail investors to evaluate fundamentals and risk appetite before making any decision.
Disclaimer:
The above article is for informational purposes only. The views expressed are based on publicly available data and not investment advice. Investors should consult certified financial advisors before making investment decisions.