Pooja Logistics SME IPO GMP Today and Subject 2 Price
Pooja Logistics SME IPO Grey Market Premium (GMP) today stands at ₹ 0, indicating cautious or neutral market sentiment ahead of listing. The Kostak rate is currently not available, while the Subject to Sauda price is quoted at currently not available. You can check the day-wise GMP trend below to track price movement and investor sentiment over time.
Pooja Logistics SME IPO is scheduled to open for subscription on September 23, 2026. The public issue aims to raise around ₹44.23 Cr. and is offered in a price band of ₹109 to ₹115 per share, with a market lot of 1200 shares. Investors are closely watching subscription data and grey market trends ahead of the listing.
GMP Trend Chart
Day-wise GMP Trend
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| No GMP history available yet. | |||||
Pooja Logistics SME IPO Dates
| Event | Date |
|---|---|
| Open Date | 23 Sep, 2026 |
| Close Date | 25 Sep, 2026 |
| Allotment Date | 28 Sep, 2026 |
| Refund Date | 29 Sep, 2026 |
| Credit to Demat | 29 Sep, 2026 |
| Listing Date | 30 Sep, 2026 |
Pooja Logistics SME IPO Expected Listing Price
| Basis | Value |
|---|---|
| Issue Price (Upper Band) | ₹115 |
| Current GMP | ₹ 0 |
| GMP-Based Listing Estimate | Not yet available |
| Listing Date | 30 Sep, 2026 |
Disclaimer: The listing price estimate above is based purely on the current grey market premium (GMP) and is not a guaranteed prediction. GMP is an unofficial, unregulated indicator and can change significantly in the 24–48 hours before listing. Do not make investment decisions based solely on GMP.
Is Pooja Logistics SME IPO GMP Reliable?
Grey market premium for Pooja Logistics SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- Cross-check before acting: Review the Pooja Logistics SME IPO full review for a fundamentals-based assessment before making any grey market trades.
Pooja Logistics SME IPO IPO Kostak Rate Explained
The Kostak rate for Pooja Logistics SME IPO is currently not active. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price has not been quoted yet. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Pooja Logistics SME IPO
Its fleet is its own rather than hired. As on 31 August 2025 it ran more than 357 GPS-enabled vehicles dedicated to carrying temperature sensitive goods, with the tracking letting both the company and its customers see where a consignment is and that the temperature has held.
Its customers come from five main areas. Confectionery and bakery, dairy and dairy products, quick service restaurants, pharmaceuticals and healthcare, and e-commerce and retail. These are industries where a break in the cold chain does not merely delay a delivery but destroys the goods, which is why the work tends to stay with operators who can prove reliability.
Strengths & Risks
Strengths
- ✓ Profit nearly doubled in FY2025, from Rs 5.73 crore to Rs 11.02 crore.
- ✓ Sales grew from Rs 125.14 crore in FY2024 to Rs 150.49 crore in FY2025.
- ✓ EBITDA improved from Rs 19.13 crore to Rs 23.09 crore over the same period.
- ✓ Return ratios are very strong, with RoNW of 54.20% and RoCE of 34.47%.
- ✓ The issue is priced at about 14.9 times earnings on an EPS of Rs 7.72.
- ✓ It owns its fleet of more than 357 GPS-enabled reefer vehicles rather than hiring in capacity, which gives control over service quality.
- ✓ It serves five different customer industries, from dairy and bakery to pharmaceuticals and e-commerce, so it is not dependent on one sector.
- ✓ Cold chain demand is supported by the growth of quick commerce, packaged dairy and pharmaceutical distribution.
Risks
- ⚠ Only two years of financial data are available and the latest is FY2025, ending 31 March 2025. There is no FY2026 figure for an issue opening in September 2026.
- ⚠ The objects of the issue carry no amounts in the data available to us. They are listed only as purchase of vehicles and general corporate purposes, so how the Rs 44.23 crore will be split is not visible from here and must be read in the RHP.
- ⚠ This is a capital heavy business. Reefer trucks are costly, wear out and need continuous replacement, so spending does not stop after this issue.
- ⚠ Borrowing of Rs 29.00 crore is high against a net worth of Rs 25.85 crore, a debt to equity ratio of 1.12.
- ⚠ Diesel and driver costs are the main expenses and both move outside the company's control.
- ⚠ Cold chain work carries real liability. A refrigeration failure does not just delay a consignment, it destroys it, and the carrier bears that risk.
- ⚠ Logistics customers usually work on annual rate contracts, so pricing is renegotiated regularly and margin can be squeezed.
- ⚠ Promoter holding will come down from 93.68% to 68.45% after the issue.
- ⚠ This is an SME issue. One lot is 1,200 shares, which is about Rs 1.38 lakh at the upper band of Rs 115, and SME shares usually trade in low volume after listing.
Frequently Asked Questions about Pooja Logistics SME IPO
What is the GMP of Pooja Logistics SME IPO?
The current Grey Market Premium (GMP) of Pooja Logistics SME IPO is not yet started or active in the market.
What is the Kostak Price of Pooja Logistics SME IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Pooja Logistics SME IPO is currently not available.
What is the Subject to Sauda Price of Pooja Logistics SME IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is currently not available.
What is the expected listing price of Pooja Logistics SME IPO based on GMP?
The listing price estimate is not yet available as GMP has not been established for Pooja Logistics SME IPO. Check back closer to the subscription date.
Is the GMP of Pooja Logistics SME IPO increasing or decreasing?
The GMP of Pooja Logistics SME IPO is currently stable. Track the day-wise GMP table above for the latest movement.
Explore Pooja Logistics SME IPO Further
For a complete picture before making your investment decision, explore these resources:
