Pooja Logistics Ltd

Pooja Logistics Ltd IPO

Pooja Logistics Ltd

₹2,61,600 /2400 sharesMinimum investment

IPO listing details

Listed on
30 Sep '26
Issue price
₹115.00
Listing price
₹118.00
Listing gains
₹3.00 (2.61%)
Exchange
--

IPO details

Minimum investment
₹2,61,600
Price range
₹109 - ₹115
Lot size
1,200
Issue size
44.23 Cr
Face value
10
IPO document

Subscription rate

Qualified Institutional Buyers2.50x
Non-Institutional Investor3.79x
Retail Individual Investor2.73x
Total2.89x
As of 25 Sep'26, 04:55 PM

Schedule

23 Sep 2026
IPO open date
25 Sep 2026
IPO close date
28 Sep 2026
Allotment date
28 Sep 2026
Funds unblock or debit
30 Sep 2026
Tentative listing date

About

Pooja Logistics Limited is a logistics company that provides temperature-controlled transportation services for perishable goods across India through refrigerated trucks. The company provides cold chain logistics services to clients in the confectionery, dairy and dairy products, quick-service restaurant (QSR), pharmaceutical, and e-commerce sectors. Its services include pickup of goods from clients’ warehouses, temperature-monitored transportation, and delivery at designated destinations. The company operated an in-house fleet of over 424 GPS-enabled refrigerated vehicles as of March 31, 2026, with different sizes and capacities. It generally operates on a trip-to-trip model based on customer requirements. Its operations use GPS tracking, vehicle movement reports, and driver and truck management systems to monitor vehicle movement, shipment status, and temperature levels during transportation. The company has also obtained certifications from FSSAI for facilitating the delivery of perishable goods.;
Founded in
2011
MD/CEO
Mr Deepak Khanna
Parent organisation
Pooja Logistics Ltd

Pooja Logistics Financials

Revenue
Total Assets
Profit
All values are in ₹ Cr
124149166202420252026

Strengths & Risks

Strengths
Risks
The company operates an owned fleet of 424 refrigerated vehicles as of March 31, 2026. The fleet includes small, light commercial and heavy commercial vehicles, with capacities ranging from up to 1 tonne to over 2 tonnes, and includes single- and multi-compartment reefers.
The company’s owned fleet contributed 67.63% of its revenue from operations in FY26. Revenue from owned vehicles increased from Rs 95.90 crore in FY24 to Rs 112.07 crore in FY26, while the number of owned vehicles increased from 361 to 424 during the same period.
The company provides temperature-controlled logistics services across more than 26 states in India. In FY26, 99.99% of its revenue came from domestic operations, while the remaining 0.01% came from services provided in Nepal.
The company serves customers across multiple industries, with FMCG accounting for 95.07% of its FY26 revenue from operations. Its customer base includes businesses in pharmaceuticals, dairy and dairy products, confectionery, quick-service restaurants, frozen meat and other FMCG segments.
The company has witnessed a consistent increase in its revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 123.75 crore in FY24 to Rs 148.77 crore in FY25 and Rs 165.70 crore in FY25. PAT increased from Rs 5.73 crore in FY24 to Rs 11.02 crore in FY25 and Rs 12.34 crore in FY26.
The company had contingent liabilities of Rs 27.15 crore as of March 31, 2026, compared with Rs 13.64 crore as of March 31, 2025. Any adverse outcome or materialisation of these liabilities could affect the company’s financial position, results of operations and cash flows.
The company is dependent on a limited number of customers, with its top 10 customers contributing Rs 112.92 crore (68.15%) of revenue from operations in FY26, compared with Rs 112.39 crore (75.55%) in FY25 and Rs 100.99 crore (81.61%) in FY24. Any loss of key customers, reduction in business volumes, slowdown, regulatory change, or supply chain disruption in the FMCG industry could adversely affect the company’s business, results of operations, cash flows, and financial condition.
The company’s revenue is highly concentrated in the FMCG industry, which contributed Rs 157.54 crore (95.07%) of revenue from operations in FY26, compared with Rs 142.60 crore (95.85%) in FY25 and Rs 90.00 crore (72.73%) in FY24. Any slowdown or downturn in the FMCG industry, adverse regulatory changes, or changes in demand for the goods the company transports could reduce business volume and adversely affect its financial condition and operating results.
The company’s operations are concentrated in Delhi, Haryana, Maharashtra, and Uttar Pradesh, which together accounted for 60.80% of revenue from operations in FY26. Haryana accounted for 26.55%, Maharashtra 12.01%, Uttar Pradesh 11.38%, and Delhi 10.86% of revenue during the year. Adverse social, political, or economic developments; civil disruptions; or changes in state or central government policies in these regions could hurt the company’s business, operating results, financial condition, and cash flows.
The company, its promoters, and directors are involved in certain ongoing legal proceedings and potential litigations, including criminal, tax, statutory, regulatory, and other material matters. Any adverse decision in these proceedings could result in liabilities, penalties or prosecution and may adversely affect the company’s business and results of operations.
The company recorded negative cash flows from investing activities of Rs 16.30 crore in FY26, Rs 4.81 crore in FY25, and Rs 15.85 crore in FY24, while the net change in cash flow was negative at Rs 1.62 crore in FY26 and Rs 3.08 crore in FY24. The company’s operating cash flow remained positive at Rs 3.19 crore in FY26, Rs 13.93 crore in FY25, and Rs 13.09 crore in FY24, but continued investment-related outflows could put pressure on its cash position. Inability to generate sufficient cash from operations to fund investments, repay borrowings or meet other financial requirements could adversely affect its business and financial condition.
The company had outstanding financial indebtedness of Rs 39.21 crore as of March 31, 2026. Any failure to service or repay its borrowings on time could adversely affect the company’s business, financial condition, and cash flows.
The company had trade receivables of Rs 30.42 crore as of March 31, 2026. Any delay or failure in collecting these receivables could increase working capital requirements and adversely affect the company’s cash flows and financial condition.

Application details

For Pooja Logistics IPO, eligible investors can apply as Individual investor & Employee.

Apply asPrice bandApply rangeLot size
Individual investor₹109 - ₹115₹2 - ₹5 Lakhs1200
Employee₹109 - ₹115₹2 - ₹5 Lakhs1200

About

Objective of Pooja Logistics IPO Proceeds

Particulars

Estimated Amount

(in ₹ Cr.)

Purchase of Vehicles

33.97

General corporate purposes.

[.]

Total

[.]

Book Running Lead Managers & Registrar of Pooja Logistics IPO

Book Running Lead Managers

Share India Capital Services Private Limited

Registrar to the Issue

Maashitla Securities Private Limited

Market Maker to the Issue

Prabhat Financial Services Limited

Key Performance Indicators (KPIs) of Pooja Logistics Ltd.

KPI

Value (for the year ended March 31, 2026)

ROE (%)

36.21

ROCE (%)

20.89

EBITDA Margin (%)

16.48

PAT Margin (%)

7.45

Debt-to-equity Ratio

0.93

Return on Net Worth (RoNW) (%)

36.21

Price to Book Value

4.45

Net Asset Value (NAV) per Equity Share (₹)

25.85

EPS (Pre IPO) (₹)

11.82

Pooja Logistics IPO Contact Details

Company Name

Pooja Logistics Limited

Registered Office

4 - Community Centre, Industrial Area Lawrence Road- 110035, Delhi, India

Phone

+91-9220607703

Email

[email protected]

Website

https://poojalogistics.in/

Pooja Logistics IPO Registrar Contact Details

Company Name

Maashitla Securities Private Limited

Phone

+91 11 47581432

Email

[email protected]

Website

www.maashitla.com

Frequently Asked Questions