Global Ocean Logistics India IPO Subscription Day 1

Here, the Global Ocean Logistics India IPO launched on 16th December 2025. Bidding for the issue will close today, 23rd December 2025. The primary aim of the Global Ocean Logistics India IPO is to raise ₹30.41 crores from the market. Also, the Global Ocean Logistics India IPO has received an impressive level of subscription, indicating that the shares will be listed at an impeccable premium. Scroll down to check the Global Ocean Logistics India IPO subscription and details. 

Global Ocean Logistics India IPO Details 

The price band for Riddhi Display Equipment’s IPO has been set at ₹74 to ₹78 per share, and a total of 1,84,89,584 shares are being issued. Let’s segregate the share quota fixed for different categories of investors. 

Global Ocean Logistics India IPO Subscription Status

As of now, the Global Ocean Logistics India IPO has been subscribed to 0.40 times. Of these, 0.10 times are subscribed by retail investors, 1.61 times by non-institutional investors, and 0.00 times by QII (Qualified Institutional Investors).  

The healthy subscription status indicates that investors are expecting higher returns at the time of Global Ocean Logistics India’s IPO listing on 24th December 2025. Global Ocean Logistics India also has a positive outlook behind the fresh issue of 0.39 crore shares, which will raise around Rs 30.41 crores.

Global Ocean Logistics India IPO GMP Today

We know that higher subscription levels drive grey-market premiums for IPOs. Let’s explore the Global Ocean Logistics India IPO GMP for 17th December 2025. 

The grey market premium for this IPO has surged to 0.00% or Rs 0.00 per share. It indicates that the estimated listing price per share is Rs 78.00. Numerous factors played a pivotal role in this jump in the GMP of Riddhi Display Equipment’s IPO. These include higher subscription rates, favourable market sentiment, and investors’ positive attitude towards IPOs. 

About Global Ocean Logistics India Ltd.

Global Ocean Logistics India was established in January 2021. Global Ocean Logistics India Limited is a freight forwarding company with multi-modal logistics solutions. The company offers logistics services across various verticals, including.

• Shipping/coastal transportation with ODC (“Ocean Freight Forwarding”);
• Road/rail (“Transport”);
• Air cargo (“Air Freight Forwarding”);
• Container Freight Station (“CFS”);
• Custom Clearance and other services.

The company operates through major Indian ports such as NHAVA Sheva, Hazira, Tumb, Pune, Mundra, and Chennai, with pan-India coverage across 23 states and union territories, via four marketing offices in Vishakhapatnam, Jaipur, Pune, and Tuticorin. The company served 263 ports globally, handling about 24,782 shipments and 73,052 TEUs from Fiscal 2023 to 2025. As of December 10, 2025, the company has an in-house team consisting of 55 personnel. As of September 30 2025, the company had processed over 25,000 Bill of Lading from various countries. The company specialises in providing services to importers sourcing goods from key regions, including Europe, the USA, South Africa, China, Southeast Asia, and the Gulf countries, where we have an established presence through our network of agency partners.

Global Ocean Logistics India Limited Financials

The company’s financial analysis is essential before applying for the Global Ocean Logistics India IPO. Look at the table to learn about Global Ocean Logistics India Limited’s financials. 

Explanation

Global Ocean Logistics India Limited’s revenue increased by 85% from ₹103.45 crores in March 2024  to ₹191.60 crores in March 2025. Moreover, the company’s PAT increased by 159% from ₹2.63 crores in March 2024 to ₹6.82 crores in March 2025.

Technical Indicators

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Global Ocean Logistics India IPO.

Global Ocean Logistics India IPO Listing Expectations

Global Ocean Logistics India IPO Highlights: IPO allotment is still pending, as the bid will close today. However, given the current GMP or market sentiment, it is reasonable to expect higher listing gains for the share. A jump of 0.00% in Yash Highlight GMP suggests the estimated listing price per share will be around Rs 78.

It will provide higher listing gains to investors who applied for this IPO. Also, the financial fundamentals of this business made it the experts’ top long-term recommendation. 

Global Ocean Logistics India IPO Dates

Note: IPO GMP is volatile and depends on market sentiment. Hence, one should conduct their research before investing in it.

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