Overview

Pooja Logistics Limited, a temperature‑controlled logistics provider incorporated in 2011, announced the opening of its fresh‑issue Initial Public Offering (IPO) on Wednesday, 23 September 2026. The issue comprises up to 38,46,000 equity shares, each with a face value of ₹10, and is priced within a band of ₹109 to ₹115 per share, targeting a total raise of ₹44.23 crore at the upper price band.

Listing and Timeline

The equity shares will be listed on the SME platform of the National Stock Exchange, NSE EMERGE. The IPO timeline is as follows: Anchor Investor bidding on 22 September 2026, issue opening on 23 September 2026, and issue closing on 25 September 2026.

Allocation Structure

The allocation plan includes:

  • Market Maker reservation of up to 1,98,000 shares;
  • Anchor Investor portion of up to 10,62,000 shares;
  • Net Qualified Institutional Buyer (QIB) allocation of up to 7,14,000 shares;
  • Minimum allocation of 5,40,000 shares to non‑institutional investors;
  • Minimum allocation of 12,60,000 shares to individual investors.

The minimum bid lot is set at 1,200 equity shares (equivalent to two lots).

Use of Proceeds

Net proceeds are earmarked primarily for the purchase of vehicles amounting to ₹3,397.39 Lakhs, thereby expanding the company’s owned fleet. Remaining funds will be utilized for general corporate purposes, including share allocation.

Intermediaries

  • Book Running Lead Manager: Share India Capital Services Private Limited;
  • Registrar to the Issue: Maashitla Securities Pvt. Limited;
  • Market Maker: Share India Securities Limited.

Management Commentary

Mr. Deepak Khanna, Managing Director of Pooja Logistics Limited, stated that the IPO will enable the company to enhance vehicle availability, strengthen operational control, and meet evolving customer requirements, thereby supporting long‑term growth of its cold‑chain logistics operations.

Company Profile

As of 31 March 2026, Pooja Logistics operates an in‑house fleet of 424 GPS‑enabled refrigerated trucks serving clients in confectionery, dairy, quick‑service restaurants, and e‑commerce. The business operates on a trip‑to‑trip model while also offering monthly contracts and long‑term agreements.

Disclaimer

The release contains forward‑looking statements subject to risks including government actions, political or economic developments, and technological uncertainties. The company disclaims any obligation to update such statements.