₹1,22,000 / 1000 shares
Issue Date
27 Oct - 29 Oct'25
Investment/lot
₹1,22,000
Price Range
₹116 - ₹122
Lot Size
1000
IPO Size
₹28.63 Cr
Listing On
3 Nov'25
Issue Price
₹122
Listed Price
--
Retail Gain/Listing Gain
--
Start date
27/10/2025
End date
29/10/2025
Allotment of bids
30/10/2025
Refund Initiation
31/10/2025
Listing on exchange
03/11/2025
(Last updated on 29 Oct 2025 04:45 PM)
| Day | Total | QIB | Retail | NII | 
|---|---|---|---|---|
| Day 1 27-Oct-2025 | 4.03x | 0x | 2.33x | 5.75x | 
| Day 2 28-Oct-2025 | 7.86x | 0x | 7.39x | 12.11x | 
| Day 3 29-Oct-2025 | 60.6x | 0x | 50.36x | 102.29x | 
| Category | Subscription Rate | 
|---|---|
| Qualified Institutions | 0x | 
| Non-Institutional (HNI) | 102.39x | 
| Retail | 51.43x | 
| Total Subscription | 61.09x | 
The IPO of Jayesh Logistics comprises a fresh issue of up to 23,47,000 equity shares aggregating up to ₹28.63 crores. It has no offer for sale. It’s a 100% book-built issue. The price band is ₹116 to ₹122 per share. The IPO opens on October 27, 2025 and closes on October 29, 2025.
The listing date is on or before November 3, 2025 and the allotment date is on or before October 30, 2025. The credit of shares to the Demat accounts of allottees will take place on or before October 31,2025, while initiation of refunds will take place on or before October 31, 2025.
Jayesh Logistics is service provider in the logistics and supply chain management industry, primarily providing freight services using road transportation like trucks and railways and non-freight services like loading and unloading, truck on hire also known as ‘truck forwarding note’ (TFN), custom clearance, and machinery on hire to over 200 clients from various industries such as iron and steel, infrastructure equipment, cement, heavy industrial machinery, engineering, construction machinery and more.
The company proposes to utilise the IPO proceeds for:
| Application | Lots | Shares | Amount in INR | 
|---|---|---|---|
| Individual Investors (Retail) (Min) | 2 | 2000 | 2,44,000 | 
| Individual Investors (Retail) (Max) | 2 | 2000 | 2,44,000 | 
| S-HNI (Min) | 3 | 3000 | 3,66,000 | 
| S-HNI (Max) | 8 | 8000 | 9,76,000 | 
| B-HNI (Min) | 9 | 9000 | 10,98,000 | 
| Investor Category | Shares Offered | 
|---|---|
| QIBs | Not more than 50% of the net issue | 
| Non-institutional Bidders | Not less than 15% of the net issue | 
| Individual Bidders | Not less than 35% of the net issue | 
The Indian logistics industry is growing due to a flourishing e-commerce market and technological advancement. The logistics sector in India is predicted to account for 14.4% of the GDP. The industry has progressed from a transportation and storage-focused activity to a specialised function that now encompasses end-to-end product planning and management, value-added services for last-mile delivery, predictive planning, and analytics, among other things.
The logistics sector in India was valued at US$ 250 billion in 2021, with the market predicted to increase to an astounding US$ 380 billion by 2025, at a healthy 10%-12% year-on-year growth rate. Moreover, the government is planning to reduce the logistics and supply chain cost in India from 13-14% to 10% of the GDP as per industry standards.
Jayesh Logistics is a service provider in the logistics and supply chain management industry, primarily providing freight services using road transportation like trucks and railways and non-freight services like loading and unloading, truck on hire also known as truck forwarding note (TFN), custom clearance, and machinery on hire to over 200 clients from various industries such as iron and steel, infrastructure equipment, cement, heavy industrial machinery, engineering, construction machinery and more.
The company handles both domestic and cross-border consignments. It also provides non-freight support which enables it to address various supply chain requirements of its clients and provide them with end-to-end solutions.
| Company Name | Revenue from Operations (in ₹ crores) | EPS in ₹ | Return on Net Worth (in %) | NAV Per Equity Share (in ₹) | 
|---|---|---|---|---|
| Jayesh Logistics | 111.8821 | 11.58 | 56.77 | 27.32 | 
| SJ Logistics India | 502.4895 | 35.76 | 25.10 | 137.18 | 
| AVG Logistics | 551.5177 | 15.01 | 8.65 | 163.76 | 
| Ritco Logistics | 1189.6859 | 14.99 | 12.59 | 113.93 | 
Anchor Investor Bidding Date
Anchor portion of the IPO opens for bidding on October 24, 2025.
IPO Registrar and Book Running Lead Manager
The service offerings of Jayesh Logistics encompass:
The revenue from operations of Jayesh Logistics grew from ₹60.3413 crores in FY 23 to ₹111.8821 crores in FY 25. Its PAT margin rose from 1.81% in FY 23 to 6.43% in FY 25, while EBITDA margin increased from 7.92% in FY 23 to 15.13% in FY 25. Quality certifications and an experienced senior leadership having industry experience have helped the company grow over the years.
Jayesh Logistics operates through a transportation network across India, with its registered and corporate office located in Kolkata. It serves a diverse range of clients, including corporations, small and medium enterprises, distributors, and traders. Its outsourcing arrangements for trucks give it access to a larger fleet.
It operates predominantly in Eastern India in Durgapur, Haldia, Kolkata and Siliguri and across Indo-Nepal corridor and Nepal hinterland.
| Parameter | FY25 | FY24 | FY23 | 
|---|---|---|---|
| Total Revenue | 112.0282 | 88.2981 | 60.3719 | 
| Profit Before Tax | 9.6837 | 4.3903 | 1.4877 | 
| Profit After Tax | 7.1974 | 3.1633 | 1.0906 | 
| EBITDA | 16.9297 | 10.4039 | 4.7770 | 
| EPS in ₹ | 11.58 | 5.11 | 1.76 | 
| Parameter | FY25 | FY24 | FY23 | 
|---|---|---|---|
| Profit Before Tax | 9.6837 | 4.3903 | 1.4877 | 
| Net Cash from / (Used in) Operating Activities | 3.7981 | 2.664 | 4.8326 | 
| Net Cash from/ (Used in) Investing Activities | (2.8814) | (15.5698) | (2.9089) | 
| Net Cash from/ (Used in) Financing Activities | 0.1731 | 12.8290 | (2.4559) | 
| Cash and Cash Equivalents (Closing Balance) | 1.2035 | 0.1137 | 0.2205 | 
1. Visit the Registrar’s Website
2. Check on the National Stock Exchange Website
The National Stock Exchange (NSE) website has an IPO bid verification module. You can use it to check the allotment status of Jayesh Logistics IPO. Go to the NSE website and find the ‘Invest’ tab. Click on ‘Verify IPO Bids’ under ‘Resources & Tools’.
On the NSE IPO bid verification page, enter:
Then click ‘Submit’ to know the allotment status.
To apply for this IPO:
This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their research and consult with financial professionals before making any investment decisions. Read the full disclaimer here. 
Investments in the securities market are subject to market risks, read all the related documents carefully before investing. Please read the SEBI-prescribed Combined Risk Disclosure Document before investing. Brokerage will not exceed SEBI’s prescribed limit.
Jayesh Logistics IPO will be allotted on 2025-10-30.
Jayesh Logistics will list on 2025-11-03.
₹28.63 Cr is the issue size of Jayesh Logistics IPO.
The minimum lot size is 1000 shares and the investment required is ₹122000.
The price band of Jayesh Logistics IPO is ₹116 to ₹122.
You can read more about Jayesh Logistics and its IPO from the company’s red herring prospectus (RHP) here.
Jayesh Logistics IPO consists of a fresh issue aggregating up to 23,47,000 equity shares. There’s no offer for sale in this IPO.
The IPO opens for bidding on October 27, 2025 and closes on October 29, 2025.
Sanjay Kumar Kundaliya is the Chairman and MD of Jayesh Logistics.
The lot size of shares in this IPO is 1000.
You can read more about Jayesh Logistics and its IPO from the company’s red herring prospectus here.