Integrated logistics solutions provider Sunsky Logistics Ltd. is set to tap the primary markets with its initial public offering (IPO) next week. The issue will open for subscription on Tuesday, September 30, and remain available for bidding until Thursday, October 3, marking a three-day window for investors. The IPO is being launched on the BSE SME platform.
Key Highlights of Sunsky Logistics IPO
- IPO Dates
The bidding window opens on September 30 and closes on October 3, 2025. - Price Band
The company has fixed the issue price at ₹46 per equity share with a face value of ₹2. This is a fixed-price issue. - Issue Manager and Registrar
The IPO is managed by Nirbhay Capital Services Pvt. Ltd., while Kfin Technologies Ltd. is serving as the registrar. - Lot Size & Investment Requirement
Investors can bid for a minimum of 3,000 shares per lot.- Retail investors must apply for at least 2 lots, requiring a minimum investment of ₹2,76,000.
- High Net-Worth Individuals (HNIs) need to subscribe to a minimum of 3 lots, translating into ₹4,14,000.
- Issue Size
The IPO comprises a fresh issue of 37 lakh equity shares, aggregating to ₹16.84 crore. Post-issue, promoter shareholding will fall from 95% to 67.5%. - Objectives of the IPO
Funds raised will be used for:- Purchase of flatbed trailers
- Prepayment or repayment of certain borrowings
- Working capital requirements
- General corporate purposes
- Allotment & Refunds
- Basis of allotment will be finalized on October 6, 2025.
- Refunds and credit of shares to demat accounts will be processed on October 7, 2025.
- Listing Date
Shares of Sunsky Logistics are expected to debut on the BSE SME platform on October 8, 2025. - Reservations
- 17,46,000 shares earmarked for individual investors
- 17,28,000 shares reserved for other investors
- 1,86,000 shares kept aside for the market maker portion
- Grey Market Premium (GMP)
As of September 27, 2025, the IPO’s GMP is reported at ₹0, suggesting expectations of a flat listing around the issue price of ₹46.
Company Overview
Sunsky Logistics Ltd. offers integrated third-party logistics solutions, including freight forwarding, customs clearance, inland transportation, project cargo handling, and door-to-door delivery services. With the IPO, the company aims to strengthen its fleet capacity, reduce debt burden, and expand its working capital base.
While the grey market is currently signaling no premium, investor sentiment could shift as the subscription window opens next week.