Infraprime Logistics Technologies Ltd. IPO Live GMP Today 2025: Complete Analysis, Financials, Dates & Should You Invest?

Infraprime Logistics Technologies Ltd. IPO Live GMP Today 2025: Complete Analysis, Financials, Dates & Should You Invest

The buzz is palpable! Infraprime Logistics Technologies Ltd. (IPLT), a pioneer in tech-driven, sustainable logistics solutions, has launched its highly anticipated Initial Public Offering (IPO). Investors nationwide are keenly watching the Live Grey Market Premium (GMP), analyzing financials, and debating the potential listing gains for this innovative player in the heavy-duty electric transport space. This comprehensive guide dives deep into every critical aspect of the Infraprime Logistics IPO 2025, providing the unique, SEO-friendly, and plagiarism-free information you need to make an informed decision.

Infraprime Logistics IPO Live GMP Today (2025)

  • Live GMP (As of Today ₹0 per share (Subject to constant market fluctuation)
  • Estimated Listing Gain (Based on GMP & Cost): Approximately [Z]% over the Issue Price (Calculated as: (GMP / Issue Price Mid-Point) * 100). *Example: If GMP is ₹25 and Issue Price Band is ₹145-₹150 (Mid-point ₹147.5), Estimated Gain ~16.95%.*
  • Kostak Rate (Per Application): ₹[A] (Indicates premium for secured allotment application)
  • Subject to Sauda (Per Share): ₹[B] (Indicates premium trading for shares yet to be allotted)

Note: GMP fluctuates daily. Check our IPO GMP Tracker for real-time updates.

(Disclaimer: GMP is an unofficial, grey market indicator. It reflects speculative market sentiment and is NOT a guaranteed predictor of actual listing price or performance. It can be highly volatile.)

About IPO Details: The Core Structure

Infraprime Logistics Technologies Ltd. is entering the capital markets via a Book Built Issue. Here’s the essential structure:

Infraprime Logistics IPO Key DetailsValue
IPO TypeBook Built Issue
SegmentBSE SME
Issue TypeFresh Issue
Face Value₹10 per share
Price Band₹[Lower] – ₹[Upper] per share
Lot Size[X] Shares
Retail Min Investment (1 Lot)₹[Amount]
Total Issue Size (Fresh)[Y] Lakh Shares
Total Amount Raised (Approx.)₹[Z] Crore
Listing AtBSE SME
Book Running Lead Manager (BRLM)Beeline Capital Advisors Pvt Ltd
Registrar to the IssueMas Services Limited

About the Company

Incorporated in April 2017, Infraprime Logistics Technologies Ltd. (IPLT) isn’t just another logistics player. It’s a technology disruptor focused on integrating Electric Vehicles (EVs) into heavy-duty transportation, primarily serving the construction, infrastructure, steel, cement, and mining sectors. Headquartered in Gurgaon, IPLT operates with an asset-light model, leveraging technology to optimize operations while outsourcing fleet ownership.

Core Business & Services:

  1. Electric Fleet Solutions: Specializes in deploying electric trucks, tractors, and trailers for bulk material movement.
  2. Technology Platform: Offers a comprehensive tech stack for:
    • Data-Driven Fleet Management: Real-time tracking, route optimization, predictive maintenance.
    • Driver App: Navigation, real-time traffic updates, digital documentation.
    • Client Portal: Shipment visibility, analytics, reporting.
  3. End-to-End Logistics: Manages the entire logistics chain – planning, execution, monitoring, and settlement – for clients.
  4. Sustainability Focus: Core mission revolves around reducing carbon emissions in heavy logistics through EV adoption.

Competitive Strengths:

  • First-Mover Advantage in Heavy EV Logistics: Early focus on electric trucks for construction logistics.
  • Proprietary Technology: Data-driven platform enhancing efficiency, utilization, and reliability.
  • Asset-Light Scalability: Faster expansion without massive capital lockup in vehicles.
  • Cost Leadership (Potential): Lower operational costs per km due to EVs vs. diesel (subject to scale and electricity costs).
  • Strong Client Relationships: Focus on reliability attracts repeat business in core sectors.
  • Experienced Team: Founders and management possess relevant industry expertise.

Operational Presence: Primarily operates in Bihar, Haryana, Odisha, and Uttar Pradesh, with plans for strategic expansion using IPO proceeds.

IPO Company Financial Data: Performance Snapshot (₹ Crore)

IPLT has demonstrated significant growth, particularly in profitability, albeit from a smaller base. Debt levels have also risen to fund expansion.

Infraprime Logistics Technologies Ltd. – Financial Performance6M Sep 2024FY Mar 2024FY Mar 2023FY Mar 2022
Total Revenue61.87109.8363.0957.22
Profit After Tax (PAT)7.7015.261.35(5.55)
Total Assets129.05106.6165.1148.77
Net Worth50.8343.2428.2227.46
Reserves & Surplus39.8242.39*26.1325.37
Total Borrowings27.2337.3414.278.07
Cash Flow from Operating Activities[Value – If Available][Value][Value][Value]

(Note: Discrepancy between Net Worth and Reserves & Surplus in FY24 likely due to Share Capital adjustments. RHP provides exact break-up.)*

Key Observations:

  • Rapid Revenue Growth: Significant jump from FY22 to FY24.
  • Profitability Surge: Transitioned from loss (FY22) to strong PAT (7.7% margin in H1 Sep 24, 13.9% in FY24).
  • Asset Expansion: Assets nearly doubled from FY22 to H1 Sep 24, indicating growth investment.
  • Increased Leverage: Borrowings have risen considerably to fuel growth (Debt/Equity: ~0.86 in H1 Sep 24).
  • Strengthening Net Worth: Reflects retained earnings and potential capital infusions.

IPO Application Details: How to Apply

  • Lot Size: [X] Shares
  • Application Amount (Per Lot): ₹[Amount] (Based on upper price band)
  • Minimum Application: 1 Lot ([X] Shares)
  • Maximum Retail Application: Up to ₹2 Lakh (Maximum 14 Lots if applicable)
  • How to Apply:
    • ASBA (Mandatory): Apply via your bank’s net banking portal (look for “IPO” or “ASBA” section).
    • Trading Platforms: Apply directly through your stockbroker’s app/website (Zerodha, Upstox, Groww, etc.).
    • Broker Forms: Physical forms via brokers (less common now).

IPO Reservation Quota: Allocation Breakdown

The net issue (after excluding promoter contribution) is allocated as follows:

Infraprime Logistics IPO Reservation QuotaPercentage of Net IssueShares Reserved
Qualified Institutional Buyers (QIB)Not more than 50.00%[A] Shares
Non-Institutional Investors (NII/HNI)Not less than 15.00%[B] Shares
Retail Individual Investors (RII)Not less than 35.00%[C] Shares
Market Maker Portion[D] Shares (If applicable)
Total Net Issue100.00%[Total] Shares

IPO Promoter’s Holding Details

  • Pre-IPO Promoter Holding: 63.09% (1,10,02,095 Shares)
  • Promoters: Mr. Chetan Singhal, Mr. Siddhartha Das, Mr. Subodh Yadav, Mrs. Reema Yadav.
  • Post-IPO Promoter Holding (Estimated): Approximately [~45-50%] (Subject to exact issue size). Significant dilution, but promoters retain substantial control.
  • Equity Dilution: The fresh issue will dilute the overall promoter stake.

IPO Objective of the Issue: Where the Money Flows

The entire proceeds from this fresh issue are earmarked for:

  1. Funding Capital Expenditure:
    • Security deposits for finance leases of electric trucks (Vehicles).
    • Security deposits for ancillary equipment (Trailers).
  2. Building Up Technology Infrastructure: Enhancing the core platform for scalability, new features, and analytics.
  3. Meeting Working Capital Requirements: Funding the operational cycle gap as business scales.
  4. General Corporate Purposes: Legal, administrative, and other operational expenses.

IPO Timeline: Key Dates (Tentative – Check RHP/Exchange Notices)

Infraprime Logistics IPO TimelineTentative Date
IPO Open Date[Date]
IPO Close Date[Date]
Basis of Allotment Finalization[Date]
Initiation of Refunds[Date]
Credit of Shares to Demat[Date]
IPO Listing Date[Date]
Trading Commences On[Date] (BSE SME)

Retail, HNI, and QIB Investment Limits

  • Retail (RII): Minimum 1 lot, Maximum investment capped at ₹2,00,000 per application (across all categories). Up to ₹2 lakhs qualifies for the RII quota.
  • HNI (NII): Applications for amounts above ₹2,00,000. No upper limit (subject to available quota). Requires higher margin.
  • QIB: Primarily for institutions (FIIs, DIIs, Banks, Funds). Typically large applications.

IPO Anchor Investor Details

  • Status: Anchor investor portion details are usually announced 1-2 days before the IPO opens. Check BSE website/Syndicate banks for final list closer to opening.
  • Potential Participants: Likely to include domestic Mutual Funds, Foreign Portfolio Investors (FPIs), and other institutional players attracted by the ESG (EV) angle and growth story.
  • Significance: Strong anchor participation signals institutional confidence and can boost overall investor sentiment.

IPO Key Performance Indicators (KPI): Financial Health Check

Infraprime Logistics Technologies – Key RatiosValue (H1 Sep 2024 / FY24)
Return on Equity (RoE)42.70% (Annualized)
Return on Capital Employed (RoCE)42.70% (Annualized)
Return on Net Worth (RoNW)35.29% (Annualized)
PAT Margin13.91% (FY24) / 12.44% (H1)
EBITDA Margin[Calculate & Add]
Debt to Equity Ratio (D/E)0.86 (H1 Sep 2024)
Book Value Per Share (BVPS) (₹)[Calculate Pre & Post Issue]
Earnings Per Share (EPS) (₹) (Basic)[Calculate Pre & Post Issue]
Price to Earnings (P/E) at Issue Price[Calculate Based on FY24/H1]

(Note: Ratios based on Restated Consolidated Financials. P/E, BVPS, EPS require share count pre/post issue & issue price for calculation.)

IPO Risk Factors: Crucial Considerations

Investing involves risk. Key risks highlighted in the RHP include:

  • Business & Operational Risks:
    • Dependence on limited geographical regions (Bihar, Haryana, UP, Odisha).
    • Reliance on third-party fleet owners/lessors (Asset-light model execution risk).
    • Scalability challenges of EV fleet (Charging infrastructure, range anxiety for heavy trucks).
    • Competition from established logistics players and new entrants.
    • Ability to manage rapid growth and maintain service quality.
    • Vulnerability to economic cycles impacting construction/infrastructure sectors.
  • Industry & Regulatory Risks:
    • Evolving EV policies and government subsidies (reduction/withdrawal risk).
    • Changes in regulations governing logistics, transportation, or EVs.
    • Fluctuating electricity costs impacting operational economics.
    • Environmental regulations becoming stricter.
  • Financial Risks:
    • Significant increase in debt levels (Borrowings up 3.4x from FY22 to H1 Sep 24).
    • Negative cash flows from operations in the past (Verify in RHP).
    • Dependence on timely funding for planned capex.
    • Profitability heavily reliant on achieving scale and operational efficiency targets.

IPO Company Contact Details

Infraprime Logistics Technologies Ltd.
418, 4th Floor, Tower B, Emaar Digital Green
Golf Course Extension, Sector 61
Bhondsi, Gurgaon
Haryana - 122102, India

Phone: +91 7428694681
Email: cs@ipllogisticstechnologies.com
Website: https://www.infraprimelogistics.com/

IPO Registrar Details

MAS Services Limited
Tel: (011) 2610 4142
Email: ipo@masserv.com
Website: https://www.masserv.com/

IPO Recommendation: To Buy or Not?

(Disclaimer: This is not personalized investment advice. Consult a SEBI-registered advisor.)

Analysis:

  • Strengths (Pros):
    • Compelling Niche: Leader in tech-enabled EV logistics for heavy industries – a high-growth, ESG-aligned sector.
    • Strong Growth Trajectory: Impressive revenue and profit surge in recent years.
    • Asset-Light Advantage: Potential for higher capital efficiency and scalability.
    • Technological Edge: Proprietary platform is a key differentiator.
    • Favourable Market: Government push for EVs and infrastructure development is a tailwind.
  • Weaknesses (Cons):
    • Limited Scale & Geography: Still a relatively small player with concentrated operations.
    • High Valuation?: Current GMP and potential listing price might price in significant future growth, demanding flawless execution.
    • Rising Debt: Increased leverage adds financial risk, especially if growth slows or interest rates rise.
    • Execution Risks: Scaling EV fleet and tech platform simultaneously is complex. Asset-light model needs perfect orchestration.
    • SME Segment Volatility: SME listings can be more volatile than mainboard IPOs.
    • Unproven Long-Term EV Economics: Heavy EV truck economics at scale are still evolving.

Conclusion/Recommendation:

The Infraprime Logistics IPO presents a high-risk, high-reward opportunity. The company operates in a potentially massive and strategically important niche (EVs in heavy logistics) and has shown impressive recent growth. The business model is innovative and aligned with sustainability trends.

However, significant risks remain: valuation appears demanding based on GMP, debt is rising, scalability of the EV model in heavy logistics is unproven at this scale, and the company is still regionally focused. SME listings also carry inherent volatility.

Recommendation: “Neutral to Cautiously Subscribe” for aggressive, risk-tolerant investors with a long-term horizon who believe strongly in the EV logistics disruption story and are comfortable with the inherent risks. Conservative investors might prefer to wait and watch the company’s performance post-listing.

IPO Allotment and Refunds: The Process

  • How to Check Allotment Status:
    1. Registrar Website: Visit MAS Services Ltd. (https://www.masserv.com/) after the allotment date. Enter PAN, Application Number, or DP Client ID.
    2. BSE Website: Check BSE SME IPO allotment status section (https://www.bseindia.com/investors/appli_check.aspx).
    3. Trading/Bank Account: Allotted shares will appear in your Demat account. Refund amount (if any) will be credited to your bank account linked to ASBA.
  • Refund Timelines: Initiated within a few days after allotment finalization. Typically credits within 3-7 working days.
  • Payment Methods: Refunds are processed electronically to the bank account used for ASBA application.
  • Actions After Allotment: Hold or Sell?
    • Hold: If you believe in the long-term growth story, fundamentals, and valuation even post-listing pop.
    • Sell on Listing: If listing gains meet your target, or if your view on fundamentals/valuation changes negatively post-IPO analysis. Consider booking partial profits.
    • Decision Factors: Analyze listing price vs. fundamentals, overall market sentiment, peer valuation, and your own investment goals/risk appetite.

IPO RHP/DRHP: The Bible for Investors

  • What is RHP/DRHP? Download Red Herring Prospectus (RHP) / Draft Red Herring Prospectus (DRHP) is the official, SEBI-vetted document containing all material information about the company and the IPO.
  • Importance: MANDATORY READING for serious investors. Contains detailed financials, risk factors, object of issue, management details, legal information, and industry analysis. It’s the primary source document.

IPO Review: Weighing the Pros and Cons

Pros:

  1. First-Mover in a Mega Trend: Pioneering EV adoption in heavy logistics, a sector ripe for disruption and supported by government policy.
  2. Technology as Core: Proprietary platform provides operational efficiency, data advantages, and a competitive moat.
  3. Asset-Light Scalability: Potential for faster expansion without massive upfront vehicle capex.
  4. Strong Recent Financial Performance: Demonstrated impressive revenue growth and a sharp turnaround to profitability.
  5. Experienced Promoters: Founders have relevant industry background.
  6. Addressing a Large Market: Serving critical infrastructure sectors with significant logistics spend.

Cons:

  1. Execution is Key (High Risk): Success hinges on flawless execution of scaling EV fleet, tech platform, and managing third parties – a complex task.
  2. Valuation Concerns (Post-GMP): Grey market premium suggests a potentially rich valuation demanding near-perfect growth.
  3. Rising Debt Burden: Increased leverage adds financial pressure and risk.
  4. Geographic Concentration: Limited operational presence increases vulnerability to regional economic downturns.
  5. SME Segment Volatility: Historically higher price fluctuations compared to mainboard stocks.
  6. Unproven Long-Term EV Economics: Profitability of heavy EV trucking at scale in India is still being established.
  7. Dependence on Policy: Reductions in EV subsidies could hurt economics.

FAQ: Your Top 10 Questions Answered

  1. Q: What is Infraprime Logistics Technologies Ltd.’s main business?
    • A: IPLT provides technology-driven logistics solutions, specializing in integrating Electric Vehicles (EVs) like trucks and tractors for heavy industries like construction, cement, steel, and mining. They manage logistics using an asset-light model and a proprietary tech platform.
  2. Q: What is the GMP for Infraprime Logistics IPO today?
    • A: The live Grey Market Premium (GMP) fluctuates constantly. As of [Current Date], it’s approximately ₹[X] – ₹[Y]. Check reliable financial news websites for real-time updates. (Remember: GMP is unofficial and speculative).
  3. Q: What are the IPO dates for Infraprime Logistics?
    • A: The IPO opens on [Date] and closes on [Date]. Refer to the RHP and exchange notices for confirmed dates.
  4. Q: What is the lot size and minimum investment amount?
    • A: The lot size is [X] shares. The minimum investment (1 lot) is ₹[Amount] (calculated at the upper price band).
  5. Q: How can I apply for the Infraprime Logistics IPO?
    • A: You can apply online via your bank’s ASBA facility (Net Banking), through your stockbroker’s trading platform (Zerodha, Upstox, etc.), or via physical forms from brokers.
  6. Q: When will the allotment be finalized?
    • A: The tentative basis of allotment date is [Date]. Check the registrar (MAS Services) or BSE website for status around that time.
  7. Q: When will Infraprime Logistics shares list?
    • A: The tentative listing date is [Date] on the BSE SME platform.
  8. Q: What are the objectives of raising money via this IPO?
    • A: Funds will be used for security deposits on EV trucks/trailers, building technology infrastructure, meeting working capital needs, and general corporate purposes.
  9. Q: Who are the promoters, and what will their holding be post-IPO?
    • A: Promoters are Mr. Chetan Singhal, Mr. Siddhartha Das, Mr. Subodh Yadav, and Mrs. Reema Yadav. Their holding will reduce from 63.09% pre-IPO to an estimated [~45-50%] post-IPO.
  10. Q: Is it recommended to subscribe to this IPO?
    • A: See the “IPO Recommendation” section. It’s rated “Neutral to Cautiously Subscribe” for risk-tolerant investors believing in the long-term EV logistics story, considering the high growth potential but also significant risks (valuation, debt, execution). Conservative investors may wait. Always do your own research (DYOR) and consult an advisor.

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