Sampark India Logistics Limited is set to launch its Initial Public Offering (IPO). It is a PAN-India logistics and supply chain solutions provider offering comprehensive freight forwarding and warehousing services.
The public issue will open for subscription on Tuesday, June 30, 2026, and close on Thursday, July 2, 2026. Track all the latest IPOs of 2026 at our updated IPO section.
Through this 100% book-built fresh issue, the company intends to raise approximately ₹27.22 Crores at the upper price band of ₹84 per share. The proceeds are primarily directed toward funding its significant working capital requirements.
Readers can use this article to track the current grey market premium (GMP) and subscription figures for the Sampark India Logistics IPO, alongside key details like the price band, allotment date, and a full review.
Briefs of Sampark India Logistics IPO Details:
- Price Band: ₹80 – ₹84 per equity share
- Face Value: ₹10 per share
- IPO Open / Close Dates: June 30, 2026 – July 2, 2026
- Lot Size: 1,600 Shares (Note: Retail Minimum Application is 2 Lots / 3,200 Shares)
- Issue Size: 32,40,000 Equity Shares / ~₹27.22 Crores
- Fresh Issue: 100% Fresh Issue
- Registrar: Maashitla Securities Pvt. Ltd.
- Listing Exchange: BSE SME
IPO Reservation:
The public issue represents a total volume of 32,40,000 shares. Net of the 1,63,200 shares allocated to the Market Maker, the public portion stands at 30,76,800 shares, distributed according to the following breakdown:
- QIB Portion: Not more than 15,32,800 Equity Shares (Anchor Investors may be allocated up to 9,18,400 Equity Shares from this portion).
- NII (HNI) Portion: Not less than 4,65,600 Equity Shares.
- Retail (RII) Portion: Not less than 10,78,400 Equity Shares.
What is the Latest Grey Market Premium Valuation Reported for the Sampark India Logistics IPO?
Daily updates regarding the GMP of this and other upcoming issues are available on our centralized GMP page. For more GMP studies, check our GMP vs Listing Gains March 2026 IPOs: A Data Analysis of 21 IPOs.
As an unofficial indicator determined by daily market demand, the Grey Market Premium is not subject to regulation by SEBI, NSE, or BSE. Consequently, investors are advised against relying exclusively on GMP when making investment choices.
What is the Definitive Timeline and Basis of Allotment Schedule for the Sampark India Logistics IPO?
The table below outlines the definitive timeline for the offering, provided for capital allocation planning purposes:
- IPO Open Date: Tuesday, June 30, 2026
- IPO Close Date: Thursday, July 2, 2026
- Basis of Allotment Date: Friday, July 3, 2026
- Refund Initiation Date: Monday, July 6, 2026
- Credit of Shares: Monday, July 6, 2026
- Listing Date: Tuesday, July 7, 2026
What Are The Objectives of Sampark India Logistics IPO?
Management proposes to allocate the net proceeds generated by the fresh issue toward the following corporate priorities:
- Working Capital Requirements: A significant portion, ₹19.72 Crores, is earmarked to fund the company's working capital needs. The logistics industry is highly working-capital intensive, and the company experiences long debtor holding periods (e.g., 161 days in FY25) due to extended credit terms granted to corporate clients. These funds will ensure timely payments to vendors and smooth operational cycles.
- General Corporate Purposes: Residual proceeds, up to a maximum limit of 15% of the total gross proceeds or ₹10.00 Crores (whichever is lower), will be utilized at the discretion of the management to finance strategic initiatives, brand establishment, and unforeseen business contingencies.
How is The Financial Performance of Sampark India Logistics?
Period Ended | 31 Dec 25 (9M) | 31 Mar 25 | 31 Mar 2024 | 31 Mar 23 |
Total Income | 153.24 | 201.62 | 182.63 | 188.18 |
Profit After Tax | 6.32 | 8.76 | 6.37 | 3.28 |
EBITDA | 12.97 | 16.16 | 12.01 | 8.33 |
Total Borrowing | 39.15 | 33.55 | 33.39 | 25.76 |
Assets | 121.37 | 110.45 | 104.66 | 80.44 |
(Figures in ₹ Crores). Source: RHP
FINANCIAL ANALYSIS
Total Income
The company has demonstrated consistent top-line growth across the reported financial periods.
- Total income rose from ₹188.18 Crores in FY23 to ₹201.62 Crores in FY25.
- This growth is primarily fueled by increased freight volumes and a strategic shift prioritizing higher-margin air shipments.
- The nine months ending December 2025 recorded ₹153.24 Crores, indicating sustained operational momentum.
Profit After Tax (PAT)
Sampark has successfully converted its revenue growth into substantial bottom-line profitability.
- PAT surged significantly from ₹3.28 Crores in FY23 to ₹8.76 Crores in FY25.
- The PAT margin improved from 1.74% in FY23 to 4.36% in FY25, showcasing efficient cost management.
- The company recorded ₹6.32 Crores in PAT for the stub period ending December 2025.
EBITDA
Operational efficiency has seen a steady upward trajectory, reflecting the company's ability to scale profitably.
- EBITDA nearly doubled from ₹8.33 Crores in FY23 to ₹16.16 Crores in FY25.
- The EBITDA margin expanded steadily from 4.43% in FY23 to 8.48% in the recent 9-month period.
- This margin growth is largely due to optimizing its mix of owned fleets and leased third-party logistics.
Total Borrowing
The company has utilized debt to support its expanding infrastructure and working capital needs.
- Total borrowings increased from ₹25.76 Crores in FY23 to ₹39.15 Crores by December 2025.
- Despite this increase in absolute debt, the debt-to-equity ratio was maintained at a comfortable 0.89 in FY25, indicating disciplined financial leverage.
- The borrowings are primarily used to bridge the gap in the long receivable cycles typical of the B2B logistics sector.
Assets
The asset base of the company has grown significantly to support its expanding PAN-India footprint.
- Total assets climbed from ₹80.44 Crores in FY23 to ₹121.37 Crores by December 2025.
- This expansion is driven by investments in its commercial vehicle fleet and an increase in current assets like trade receivables.
- The consistent asset growth reflects the management's focus on building a robust, long-term supply chain infrastructure.
What Are the P/E Ratio and Peer Comparison?
Investors can evaluate the company's valuation by checking the Price-to-Earnings (P/E) ratio at the highest point of the price band.
- Issue Price (Upper Band): ₹84
- EPS (FY25): ₹9.71
- P/E Ratio: ~8.65x
Peer Comparison Table (FY 2024-25 Data):
Name of Company | CMP (₹) | Basic EPS (₹) | P/E Ratio | RoNW (%) | Turnover (₹ Cr) |
Sampark India Logistics | 84 | 9.71 | ~8.65x | 23.29% | 200.97 |
VRL Logistics Limited | 242.66 | 20.91 | 11.60x | 18.02% | 3,160.95 |
GB Logistics Commerce | 35.25 | 5.87 | 6.01x | 8.24% | 64.85 |
Orissa Bengal Carrier | 58.60 | 0.51 | 114.90x | 1.19% | 304.89 |
Analysis:
Sampark India Logistics is entering the market at a P/E multiple of approximately 8.65x based on its FY25 earnings.
When compared to the industry average P/E of ~54.30x and listed peers like VRL Logistics (11.60x), the issue appears to be priced at an attractive discount.
More notably, Sampark boasts a better Return on Net Worth (RoNW) of 23.29%, vastly outperforming its peers (ranging from 1.19% to 18.02%).
This high capital efficiency, combined with its conservative valuation multiple, highlights a compelling value proposition compared to established industry players.
What is The Industry Outlook of Sampark India Logistics?
Growth Potential: The Indian logistics sector is undergoing a massive transformation, supported by government initiatives like PM GatiShakti and the National Logistics Policy, aiming to reduce logistics costs to global standards.
Market Trends: There is a distinct shift toward organized players offering end-to-end supply chain solutions rather than just basic transportation. The boom in e-commerce and specialized manufacturing directly fuels demand for rapid and reliable freight forwarding services.
What Are The Strengths and Risks of Sampark India Logistics IPO?
Strengths:
- Comprehensive Services: Offering a full suite of end-to-end logistics solutions reduces reliance on any single business line.
- High Capital Efficiency: A stellar RoNW of over 23% demonstrates exceptional management of shareholder funds.
- Promoter Commitment: The promoters have secured borrowings with personal guarantees, showing strong alignment with the company's financial success.
Risks:
- Negative Cash Flows: The company has reported negative operating cash flows historically (e.g., -₹1.45 Crores in 9M FY26), primarily due to high working capital requirements and extended receivable days.
- Third-Party Reliance: A significant portion of operations depends on third-party vehicle rentals, exposing the company to price volatility and availability risks.
- Geographic Concentration: Nearly 47% of revenue in the recent period was generated from just three states, making the firm vulnerable to regional disruptions.
Key Considerations for Investors
- Minimum Application: With a defined lot size of 1,600 shares, retail individual investors must apply for a minimum of 2 lots (3,200 shares), totaling ₹2,68,800. Because this investment floor crosses the traditional retail maximum of ₹2 Lakhs, the retail portion is functionally positioned for Small-HNI investors.
- Valuation vs. Risk: At ~8.6x P/E, the pricing leaves room for upside compared to industry peers, especially given the superior return ratios. However, the historical negative operating cash flows and heavy working capital requirements must be carefully considered.
- Use of Funds: The significant allocation to working capital is a direct strategy to address the long debtor holding periods, which, if successful, could structurally improve cash flows post-listing.
Important IPO Resources:
2. January 2026 IPO Review – 18 Listings, 118.955X Average Subscription & Market Performance
3. IPO Allotment Status – How to Check Allotment Status of IPO Shares
4. IPO Glossary: 100+ Important Terms Every Investor Should Know
5. IPO Listing Performance Tracker 2026 – Complete Dataset of IPO Listing Gains in India
Key Takeaways
- IPO Price: ₹84 per share (Upper Band).
- Min Investment: ₹2,68,800 (3,200 Shares).
- Valuation: P/E of ~8.65x
- Financials: Revenue ₹201 Cr (FY25); High RoNW (23%).
- Listing: BSE SME platform on July 7, 2026.
FAQs on Sampark India Logistics IPO
What is Sampark India Logistics IPO GMP today?
The Grey Market Premium serves as a dynamic reflection of prevailing market sentiment. For the latest available figures, please monitor our dedicated GMP tracking module.
What are the upper and lower price limits for bidding in the Sampark India Logistics IPO?
The equity shares are being offered within an established price range of ₹80 to ₹84 per share.
What is the scheduled timeline for the finalization of the basis of allotment for the Sampark India Logistics IPO?
Investors can expect the share allotment status to be updated on Friday, July 3, 2026.
How can I view my Sampark India Logistics IPO allotment status?
Status tracking is accessible to investors via the official website of the registrar, Maashitla Securities Pvt. Ltd., as well as the BSE IPO allotment portal.
What is the official date scheduled for the listing of Sampark India Logistics shares on the bourses?
The stock is tentatively set to make its market debut on Tuesday, July 7, 2026.
Investment Perspective on Sampark India Logistics IPO
Sampark India Logistics offers a high-return, reasonably priced entry into the booming Indian logistics sector. While its capital efficiency and valuation are highly attractive relative to peers, investors must carefully weigh these metrics against the risks associated with historical negative cash flows and a high dependence on working capital financing.
Disclaimer:
This article is strictly for educational purposes. Please consult a SEBI-registered investment advisor before making any investment decisions.
