Sampark India Logistics
Listing performance
Scheduled dates
Tentative timetable — a past date is not confirmation the step completed
Grey market premium
Unofficial and indicative — not a forecast
Day-wise premium · 10 observations
| Date | GMP | % | Sauda | Est. listing | Gain / lot |
|---|---|---|---|---|---|
| 06 Jul 2026 | ₹2.50 | +2.98% | ₹3,000 | ₹86.50 | ₹4,000 |
| 05 Jul 2026 | ₹0 | 0.00% | ₹0 | ₹84 | ₹0 |
| 04 Jul 2026 | ₹0 | 0.00% | ₹0 | ₹84 | ₹0 |
| 03 Jul 2026 | ₹0 | 0.00% | ₹0 | ₹84 | ₹0 |
| 02 Jul 2026 | ₹0 | 0.00% | ₹0 | ₹84 | ₹0 |
| 01 Jul 2026 | ₹0 | 0.00% | ₹0 | ₹84 | ₹0 |
| 30 Jun 2026 | ₹0 | 0.00% | ₹0 | ₹84 | ₹0 |
| 29 Jun 2026 | ₹0 | 0.00% | ₹0 | ₹84 | ₹0 |
| 28 Jun 2026 | ₹0 | 0.00% | ₹0 | ₹84 | ₹0 |
| 27 Jun 2026 | ₹0 | 0.00% | ₹0 | ₹84 | ₹0 |
Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.
Issue details
- IPO date
- 30 Jun 2026 – 02 Jul 2026
- Listing date
- 07 Jul 2026
- Face value
- ₹10 per share
- Price band
- ₹84
- Issue price
- ₹84 per share
- Lot size
- 1,600 shares
- Listing at
- BSE SME
- Total issue size
- ₹27.22 Cr
- Market cap at offer price
- ₹103 Cr
- Promoter holding
- 97.78% → 71.94% pre-issue → post-issue
- ISIN
- INE147701010
- Registrar
- Maashitla Securities Pvt.Ltd.
- Lead managers
- Finshore Management Services Ltd.
- Registered office
- Plot No.48, Bhule Ram Colony, Block B, Gali No.7, Rangpuri Extension, Palam Airport, New Delhi
Reservation and application size
How the issue is split between investor categories, and what each may bid
| Investor category | Shares | % of net | % of total |
|---|---|---|---|
| Anchor investor · within QIB | 9,18,400 | — | — |
| Market maker | 1,63,200 | — | — |
Application size
Minimum 1,600 shares per lot, in multiples, at ₹84
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1,600 | ₹1,34,400 |
| S-HNI (min) | 2 | 3,200 | ₹2,68,800 |
| S-HNI (max) | 7 | 11,200 | ₹9,40,800 |
| B-HNI (min) | 8 | 12,800 | ₹10,75,200 |
Category limits
| Category | Bid size | Cut-off |
|---|---|---|
| Retail (RII) | Up to ₹2 lakh | Yes |
| Small HNI (sNII) | ₹2 lakh – ₹10 lakh | No |
| Big HNI (bNII) | Above ₹10 lakh | No |
| Employee | Up to ₹5 lakh | Yes |
Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.
Anchor investors
Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.
Valuation and performance
Valuation at offer price
₹84 per share
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS (₹) | 9.71 | 6.88 |
| P/E (×) | 8.65 | 12.21 |
| Price to book (×) | 2.01 | — |
| Market cap | — | ₹103 Cr |
Key performance indicators
Latest reported period
- Return on net worth
- 23.29%
- ROCE
- 33.54%
- Debt / equity
- 0.89
- PAT margin
- 4.36%
- EBITDA margin
- 8.04%
- NAV per share
- ₹41.70
- Price to book
- 2.01
Single period as reported. Year-on-year movement is in the financials table below, where every period is published.
About Sampark India Logistics
Sampark India Logistics Limited, incorporated on December 01, 2012, operates as a carrying and forwarding agent offering comprehensive logistics solutions covering the entire supply chain from point of origin to final destination. The company delivers integrated services including freight forwarding and warehousing through a network of 50 branch offices across India. It serves clients in various industries such as automotive, pharma, consumer durables, and textiles. The company's revenue model includes sales of services (freight income), warehouse operations, and rental income from trucks and GPS systems.
Company Analysis
from RHPSampark India Logistics Limited is a Pan-India carrying and forwarding agent providing integrated logistics solutions including freight forwarding and warehousing services across automotive, pharma, consumer durables, textiles and other industries.
Sampark India Logistics Limited, incorporated on December 01, 2012, operates as a carrying and forwarding agent offering comprehensive logistics solutions covering the entire supply chain from point of origin to final destination. The company delivers integrated services including freight forwarding and warehousing through a network of 50 branch offices across India. It serves clients in various industries such as automotive, pharma, consumer durables, and textiles. The company's revenue model includes sales of services (freight income), warehouse operations, and rental income from trucks and GPS systems.
Objects of the Issue
- To meet Working Capital Requirements Up to ₹1,972.16 lakhs p.22
- General Corporate Expenses p.22
- To meet Working Capital Requirements Up to 1,972.16 Lakhs p.97
- General Corporate Purposes p.99
- General corporate purposes p.303
Issue Structure
- Total Issue
- Up to ₹[●] Lakhs (32,40,000 equity shares of face value ₹10/- each)
- Fresh Issue
- Up to ₹[●] Lakhs (32,40,000 equity shares)
- Offer for Sale
- Nil
- Price Band
- ₹[●] (Floor Price) to ₹[●] (Cap Price)
- Lot Size
- [●] equity shares and multiples thereof
- Face Value
- ₹10/- per equity share
Business Model
The company earns revenue primarily through freight forwarding services (road, air, and rail shipments), warehouse operation income, and rental income from trucks and GPS equipment. For the nine months ended December 31, 2025, sales of services - freight income comprised 77.61% of total revenue, with road shipment at 46.41%, air shipment at 46.94%, and rail shipment at 6.65% of freight income. Warehouse operations and rental income constitute smaller revenue streams.
Business Segments
SWOT Analysis
- • Experienced management and promoter leadership(p.150)
- • Reliable fleet and robust logistics infrastructure(p.150)
- • Strong domestic market presence across 18 states(p.150)
- • Comprehensive end-to-end logistics solutions(p.149)
- • ISO certifications for quality and safety standards(p.141)
- • Pan-India network with 50 branch offices(p.149)
- • Established track record with 12+ years of operations(p.301)
- • Positive operating profitability in majority of recent years(p.301)
- • Strong net worth position exceeding regulatory requirements(p.300)
- • Robust net tangible assets base(p.301)
- • Conservative leverage ratio well below regulatory ceiling(p.301)
- • Compliance with SME Platform eligibility on all key metrics(p.301)
- • Negative cash flow in recent fiscals(p.29)
- • Heavy dependence on third-party transportation fleet(p.30)
- • Geographic concentration of revenue in few states(p.30)
- • Heavy customer concentration risk(p.32)
- • Lack of integrated technology infrastructure(p.32)
- • Significant unsecured loans without formal agreements(p.33)
- • Outstanding litigation and employee fraud history(p.33)
- • Promoter and management inexperience with listed companies(p.34)
- • History of delayed regulatory and statutory filings(p.41)
- • Dependence on third-party services(p.150)
- • Operational challenges affecting service reliability(p.150)
- • Concentrated customer base with high dependency on few customers(p.151)
- • High dependence on top supplier(p.151)
- • Significant outstanding litigation - extensive cheque bounce cases(p.276)
- • High volume of civil recovery suits indicating collection challenges(p.277)
- • Material outstanding dues to creditors totaling ₹2,880.94 lakhs(p.287)
- • Promoter subject to multiple income tax demand notices(p.284)
- • Criminal proceedings with fraud allegations involving key personnel(p.277)
- • Abuse of process allegation - founder involved in counter-FIR dispute(p.276)
- • Pan-India logistics network expansion(p.21)
- • Growing logistics sector in India's economic expansion(p.21)
- • Diversification into multiple industries and services(p.21)
- • Market expansion into new geographic areas(p.150)
- • Capitalize on India's economic growth and logistics sector expansion(p.136)
- • E-commerce growth driving logistics demand(p.136)
- • Government initiatives supporting sector infrastructure(p.137)
- • Growth in organized logistics player market share(p.131)
- • Technological advancements creating service improvement opportunities(p.130)
- • Expansion through strategic acquisition of additional warehousing capacity(p.287)
- • Geographic expansion into new regional markets via capital deployment(p.297)
- • Expansion of GST registrations enabling cross-state operations(p.298)
- • Scale through capital for fleet and facility modernization(p.301)
- • Listed platform enabling M&A opportunities and fundraising access(p.299)
- • Highly competitive logistics industry with unorganized players(p.30)
- • Dependence on road infrastructure and transport disruptions(p.31)
- • Macroeconomic and global economic volatility(p.34)
- • Regulatory changes and compliance requirements(p.20)
- • Intense competition from organized and unorganized players(p.150)
- • Highly fragmented industry with low barriers to entry(p.151)
- • Price competition as deciding factor in tender awards(p.151)
- • Regulatory changes affecting operations(p.150)
- • Technological disruptions requiring continuous adaptation(p.150)
- • Infrastructure constraints and capacity issues(p.128)
- • Global economic slowdown impact(p.115)
- • High-risk logistics sector facing intense competition and margin pressure(p.276)
- • Customer concentration and payment defaults in key accounts(p.278)
- • Regulatory and tax scrutiny with multiple audits and assessments pending(p.284)
- • Operational and reputational risk from internal fraud incidents(p.277)
- • Litigation risk and judicial delays in dispute resolution affecting cash flow(p.275)
Promoters
| Name | Role | Pre-Issue | Post-Issue |
|---|---|---|---|
| Mr. Sanjay Kumar Rathi | Promoter | 94.84% | 69.77% |
| Mrs. Renu Rathi | Promoter | 2.93% | 2.15% |
| Sanjay Kumar Rathi | Promoter/Managing Director | 94.84% | 69.77% |
| Renu Rathi | Promoter/Executive Director | 2.93% | 2.16% |
| Sanjay Kumar Rathi | Promoter | 94.84% | — |
| Renu Rathi | Promoter | 2.93% | — |
| Sanjay Kumar Rathi | Promoter | — | — |
| Renu Rathi | Promoter | — | — |
Leadership
Auto-extracted from the company's RHP using AI, with each fact linked to its source passage (hover any row to see the quote & page). Provided for research only, not investment advice — verify against the official RHP before relying on it.