BLT Logistics Ltd - IPO

BLT Logistics Ltd IPO Details

Initial public issue of upto 12,96,000 equity shares of face value of Rs.10/- each of BLT Logistics Limited (BLT or the company or the issuer) for cash at a price of Rs. 75/- per equity share including a share premium of Rs. 65/- per equity share (the issue price) aggregating to Rs. 9.72 crores (the issue), of which 94,400 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 75 per equity share including a share premium of Rs. 65 per equity share aggregating to Rs. 0.71 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 12,01,600 equity shares of face value of Rs. 10/- each at a price of Rs.75 per equity share including a share premium of Rs.65 per equity share aggregating to Rs. 9.01 crores is herein after referred to as the net issue. the issue and the net issue will constitute upto 27.02% and 25.05, respectively, of the post issue paid up equity share capital of the company. the face value of the equity shares is Rs. 10/- each.

Objective of issue

Funding capital expenditure requirement of the company towards purchase of trucks (Vehicles) and ancillary equipment (Equipment). To meet working capital requirements. General corporate purposes.

BLT Logistics Ltd Contact Details

BLT Logistics Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 91-11-26812682

Fax - 91-11-30857562

Email - cs@bltlogistics.com

Website - www.bltlogistics.com