Pooja Logistics Limited IPO
Listed 30 Sept 2026, 3.11× subscribed, on the SME platform.
Dates
Issuer's timetable, IST.
- 23 SeptBidding opens
- 25 SeptBidding closesRetail UPI mandates by 5 pm IST
- 28 SeptAllotment
- 30 SeptListingSME platform
- 23 SeptBidding opens
- 25 SeptBidding closesRetail UPI mandates by 5 pm IST
- 28 SeptAllotment
- 30 SeptListingSME platform
Demand and allotment odds
Times subscribed by investor category, one shared scale
- InstitutionsQIB2.50×
- Non-institutionalNII4.87×
- Above ₹10 lakhbNII5.13×
- ₹2–10 lakhsNII4.36×
- RetailRII2.86×
- Employees0.00×
Max 5.1×; tick = 1× (fully subscribed). 1,937 applications.
How this is worked out
Retail is 2.86× subscribed. Allotment is a lottery on the minimum application, so roughly 1 in 2.9 applications gets one. Bidding for extra lots does not improve these odds.
How this is worked out
HNI is 4.87× subscribed. This category is allotted proportionately, so a bid receives roughly 1/4.9 of the shares applied for, subject to the minimum-lot draw.
From SEBI allotment rules. Retail is a lottery on the minimum (2 lots); more lots do not raise the odds.
The offering
Terms, and valuation at the upper band.
Terms
- Price band
- ₹109 – ₹115
- Final issue price
- ₹115
- Face value
- —
- Lot size
- 1,200 shares
- Minimum application
- ₹2,76,0002 lots at the upper band
- Total issue size
- —
- Anchor investors
- Allotted
- Registrar
- —
- Lead managers
- —
- ISIN
- INE1C2Q01017
Company and valuation
- P/E at upper band
- —
- ROCE, latest period
- 34.47%
- Debt/Equity, latest period
- 1.12
- RoNW, latest period
- 54.20%
- PAT Margin, latest period
- 7.41%
- EBITDA Margin, latest period
- 15.52%
- NAV, latest period
- 25.85
- P/B (x), latest period
- 4.45
“Latest period” rows can be a part year, so ratios there may read low.
Who gets what
Split by investor category, and minimum bids.
- QIB46.2%
- NII (HNI)14.0%
- Retail32.8%
- Employee1.9%
- Market Maker5.1%
| Category | Shares | Share of issue |
|---|---|---|
| QIB | 17,76,000 | 46.18% |
| Anchor Investor | 10,62,000 | 27.61% |
| QIB (Ex. Anchor) | 7,14,000 | 18.56% |
| NII (HNI) | 5,40,000 | 14.04% |
| bNII > ₹10L | 3,60,000 | 9.36% |
| sNII < ₹10L | 1,80,000 | 4.68% |
| Retail | 12,60,000 | 32.76% |
| Employee | 72,000 | 1.87% |
| Market Maker | 1,98,000 | 5.15% |
Total issue 38,46,000 shares. Indented rows sit inside the row above.
What each category may bid
- Individual investors (IND) (Min)
- ₹2,76,0002 lots, 2,400 shares
- Individual investors (IND) (Max)
- ₹2,76,0002 lots, 2,400 shares
- S-HNI (Min)
- ₹4,14,0003 lots, 3,600 shares
- S-HNI (Max)
- ₹9,66,0007 lots, 8,400 shares
- B-HNI (Min)
- ₹11,04,0008 lots, 9,600 shares
- Employee (Min)
- ₹2,76,0002 lots, 2,400 shares
- Employee (Max)
- ₹4,14,0003 lots, 3,600 shares
Small-HNI minimum is several lots, not one.
Anchor book
- Shares allotted
- 10,62,000 shares
- Anchor portion
- ₹12.21 Cr
- Bid date
- 22 Sept 2026
- Lock-in ends, first 50%
- 28 Oct 2026
- Lock-in ends, the rest
- 27 Dec 2026
Lock-in dates = when anchor shares may first be sold.
How the issuer compares
Peers named by the issuer itself.
| Company | EPS (₹) | P/E | NAV (₹) | RoNW |
|---|---|---|---|---|
| Industry Composite | — | 14.2× | — | — |
| Industry Highest | — | 16.1× | — | — |
| Industry Lowest | — | 12.2× | — | — |
The offer document prints no P/E for the issuer; figures are pre-listing.
Risks worth reading
Ranked by severity.
mediumThe company depends on a limited number of key customers for a majority of its revenues, exposing it to a high risk of customer concentration. A decrease in revenues from these customers could materially and adversely affect the business, results of operations, cash flows and financial condition.
mediumThe company is highly dependent on the performance of the FMCG industry. A slowdown, regulatory changes, supply chain disruptions, or other adverse developments in this industry may reduce the demand for its services.
What happened to comparable issues
Last 8 listings, most comparable first. Context, not a forecast.
| Issue | Subscribed | Listing gain | Listing gain bar |
|---|---|---|---|
| Vedant Poly Fabs Limited | 1.9× | unchanged 0.0% | |
| Maxwell Engineering Solutions Limited | 491× | up +90.0% | |
| HGS (India) Limited | 231× | up +33.3% | |
| Ravita Engineering Services Limited | 6.7× | unchanged 0.0% | |
| Vaibhav Vyapaar Limited | 3.1× | down minus 2.0% | |
| R.K. Fashion Accessories Limited | 2.6× | down minus 2.4% | |
| Eventions Limited | 2.3× | down minus 5.9% | |
| Papadmalji Agro Foods Limited | 2.5× | up +0.4% |
Different companies at different prices. Bars share one scale (full = 90%).
Offer documents
Primary sources.
- PROSPECTUS23 Sept 2026AnalysisPDF (opens SEBI site in a new tab)
Common questions
How many times is the Pooja Logistics Limited IPO subscribed?
Pooja Logistics Limited is subscribed 3.11× overall (QIB 2.50×, NII 4.87×, retail 2.86×). Subscription keeps changing until the issue closes; the final basis of allotment is published by the registrar.
What is the minimum investment in the Pooja Logistics Limited IPO?
One lot is 1,200 shares, so a retail application at the ₹115 cut-off price blocks ₹1,38,000. Retail applications are capped at ₹2,00,000; above that you bid in the HNI category, where allotment is proportionate rather than by lottery.
What are the chances of allotment in the Pooja Logistics Limited IPO?
The retail portion is subscribed 2.86×, so allotment is by lottery and the odds of receiving at least one lot are roughly 1 in 3. Applying for more lots does not improve the chance of getting something — every retail applicant competes for the same single minimum lot.
When is the Pooja Logistics Limited IPO allotment date?
Allotment is scheduled for 2026-09-28, with listing on 2026-09-30. These dates are the issuer's tentative timetable — a date passing is not confirmation that the step completed. Allotment status is published by the registrar.
Source: offer document, NSE and BSE bidding data; allotment basis from the registrar. Grey-market premium is unofficial. For information only, not investment advice: consult a SEBI-registered adviser before applying.