GB Logistics IPO Allotment Status Jan 29th
GB Logistics IPO is a book built issue of Rs 25.07 crores. The issue is entirely a fresh issue of 24.58 lakh shares.
GB Logistics IPO bidding opened for subscription on January 24, 2025 and will close on January 28, 2025. The allotment for the GB Logistics IPO is expected to be finalized on Wednesday, January 29, 2025. GB Logistics IPO will list on BSE SME with tentative listing date fixed as Friday, January 31, 2025.
GB Logistics IPO price band is set at ₹95 to ₹102 per share. The minimum lot size for an application is 1200. The minimum amount of investment required by retail investors is ₹1,22,400. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹2,44,800.
1. Check Allotment on Link Intime
The IPO allotment can be checked through the registrar, Link Intime. Follow these steps:
Visit the Link Intime IPO Allotment Page
Go to the Link Intime IPO allotment website.
Select the IPO
Click on the dropdown menu.
Choose “GB Logistics” from the list of IPOs.
Enter Required Details
PAN Number: Your Permanent Account Number.
Application Number: As provided during the IPO application.
DP ID: Demat account details.
Click on Search
Your allotment status will be displayed on your screen.
2. Check Allotment Through BSE/NSE
You may also check the allotment status at the stock exchange websites:
Visit BSE/NSE IPO Allotment Page,
Go to the BSE India website’s IPO page.
Select IPO
Choose the IPO from the dropdown list.
Select “GB Logistics”
Application Details
Insert your PAN, Application Number or Demat ID.
Search for Allotment
Click the “Search” icon to view your allotment status.
3. Check Allotment via Demat Account
Log in to your broker’s trading or Demat account.
Navigate to the “Holdings” section.
Search for “GB Logistics”
If the shares are credited to your account, congratulations on your allotment!
4. Check Allotment via Bank Account
Log in to your bank account used for the IPO application.
Check for any debit entries or refund status in the transaction history.
Look for SMS notifications confirming the allotment or fund unblocking.
What to Do After Allotment?
If Shares Are Allotted:
Hold onto your shares for listing day to potentially benefit from price gains.
Keep track of market movements and set targets.
If Shares Are Not Allotted:
Don’t worry! Your application amount will be refunded.
Stay updated for upcoming IPO opportunities. Conclusion
The GB Logistics offers an exciting opportunity for investors. Whether you’re a retail investor or part of the institutional category, checking your allotment status is now easier than ever with platforms like Link Intime, BSE/NSE websites, and Demat accounts. Follow the outlined steps to confirm your allotment, and get ready for the listing day to make the most of your investment.
Don’t forget, for all such promised prospects from IPOs, don’t forget to merge your investment goals with the fiscal goals and then risk appetite accordingly.
GB Logistics IPO Timeline (Tentative Schedule)
GB Logistics IPO opens on January 24, 2025, and closes on January 28, 2025.
| Event | Date |
|---|---|
| IPO Open Date | Friday, January 24, 2025 |
| IPO Close Date | Tuesday, January 28, 2025 |
| Basis of Allotment | Wednesday, January 29, 2025 |
| Initiation of Refunds | Thursday, January 30, 2025 |
| Credit of Shares to Demat | Thursday, January 30, 2025 |
| Listing Date | Friday, January 31, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 28, 2025 |