Neptune Logitek IPO Listing at 26% Discount at ₹95.80 Per Share

Posted by : sachet | Mon Dec 22 2025

Neptune Logitek IPO listing: The Neptune Logitek IPO was subscribed 1.61 times at the time of its closing. In this subscription, qualified institutional buyers (QIBs) received [.] times, and non-institutional investors (NIIs) received 0.32 times. The retail quota of the issue was subscribed to 47.50%. Before delving deeper into the topic, go through the details of the Neptune Logitek IPO.

Table of Contents

Neptune Logitek IPO

It is a book-building issue of ₹46.62 crore shares. The issue is entirely a fresh issue of 0.37 crore shares. The IPO is expected to be listed on the BSE and SME with a tentative listing date of 22nd December 2025. The Vidya Wires IPO is expected to take place from 15th December 2025 to 17th December 2025. The face value of Vidya Wires IPO shares is ₹10 per share, and the IPO price is set at ₹126 per share.

IPO Allotment Date	18th December 2025
IPO Open Date	15th December 2025
IPO Close Date	17th December 2025
Refund Initiation	19th December 2025
Issue Size	37,00,000 shares(aggregating up to ₹46.62 Cr)
Face Value	₹10 per share
Lot Size	1,000 Shares
Issue Price	₹135 to ₹142 per share
Issue Type	Fixed Price IPO
Listing At	BSE SME
Listing Date	22nd December 2025

Neptune Logitek IPO Listing

On the BSE & SME platforms, Neptune Logitek shares are listed at ₹95.80 per share, reflecting a 26% discount to the issue price of ₹100 per share.

About the Neptune Logitek IPO

Neptune Logitek is an integrated logistics solution provider in India. The company offers the following services:

Freight Forwarding and Custom Clearance
Air Freight Transportation
Door-to-Door Multimodal Coastal Forwarding
Road transportation
Rail Transportation

The company uses cutting-edge technologies such as GPS-enabled fleet management, real-time vehicle tracking, and an auto-on/off engine-monitoring and control feature. As of March 31, 2025, it has 199 fleets and fleet operators. The company also has nine branch offices to support its operations. Additionally, it operates a captive petrol pump with a storage capacity of up to 60 kilolitres.

Neptune Logitek Limited Financials

The company’s financial analysis is essential before applying for Neptune Logitek Limited’s IPO. Refer to the table to learn about Vidya Wires Limited’s financial information.

Year Ended	31st Aug 2025 (in cr.)	31st March 2025 (in cr.)	31st March 2024	31st March 2023
Assets	122.94	119.25	95.24	74.51
Revenue	105.52	260.74	175.76	187.71
Profit After Tax	4.02	9.16	0.00	-0.18
EBITDA	9.26	21.38	9.74	5.55
Net Worth	23.97	19.95	10.79	10.79
Reserves and Surplus	13.97	9.95	9.79	9.79
Total Borrowings	56.40	58.00	62.48	38.20

Explanation

Neptune Logitek Limited’s revenue increased by 48% from ₹175.76 crores in March 2024 to ₹260.74 crores in March 2025. Moreover, the company’s PAT increased by 2,54,228% from ₹0.00 crores in March 2024 to ₹9.16 crores in March 2025.