Sampark India Logistics Ltd IPO

Logistics

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Price Band

₹80 – ₹84

Lot Size

1600

Minimum Bid Quantity

3200

Minimum Investment

₹268800

Issue Size

₹27.22Cr

Opens

2026-06-30

Closes

2026-07-02

Listing

07-07-2026

Subscription Status

Qualified Institutional Buyers

1.55 x

Non-Institutional Investor

7.75 x

Retail Individual Investor

4.6 x

Total

4.65 x

IPO Details

Issue Type

EQUITY

Face Value

₹10

Tick Size

1

ISIN

INE147701010

Pre-Apply Available

No

Daily Bidding Time

10:00:00 - 17:00:00

About the Company

Sampark India Logistics Limited is a logistics and supply chain solutions company engaged in carrying and forwarding services across India. The company primarily operates in the B2B segment and provides transportation, freight forwarding, warehousing, and related logistics services. Its service portfolio includes road, air, and rail freight transportation, along with full truckload (FTL) and less-than-truckload (LTL) solutions. The company also offers warehousing services such as inventory management, storage management, spare parts warehousing, and packaging of goods. The company operates through a network of 50 branch offices across 18 states in India, serving industries including automotive, pharmaceuticals, consumer durables, and textiles. It operates 8 leased warehouses with a total area of 124,500 square feet located in Ambala, Roorkee, Hyderabad, Aurangabad, Chennai, Bangalore, Nashik, and Bhiwandi. The company also owns a fleet of 56 commercial vehicles and operates from its registered office in Delhi, and corporate office in Faridabad, Haryana. Use of proceeds: This is a fresh issue of shares. Therefore, the net proceeds from the fresh issue will go to the company. They will be utilised for the following purposes: To meet working capital requirements - Rs 19.72 crore General corporate purposes

Pros

  • • The company operates through a pan-India network of 50 branch offices across 18 states. This presence allows it to provide logistics and warehousing solutions across sectors such as automotive, pharmaceuticals, consumer durables, and textiles.
  • • Sampark India Logistics offers integrated logistics services, including freight forwarding, warehousing, distribution, and supply chain management. The company provides transportation through road, air, and rail networks and offers both full truckload (FTL) and less than truckload (LTL) services, enabling it to cater to different shipment sizes and logistics requirements through a single service platform.
  • • The company operates 8 leased warehouses with a total area of 124,500 square feet. These warehouses are located in Ambala, Roorkee, Hyderabad, Aurangabad, Chennai, Bangalore, Nashik, and Bhiwandi and are directly managed by the company.

Cons

  • • Sampark India Logistics, its directors, and promoters are involved in certain legal proceedings. Any adverse judgments in any of these cases could be detrimental to the company’s business prospects.
  • • The company recorded negative cash flows in recent periods. It reported negative cash flow from operating activities of Rs 1.45 crore, Rs 1.07 crore, and Rs 0.27 crore in the nine months ended December 31, 2025, FY24, and FY23, respectively. Negative cash flow from operating activities in FY23 and FY24 was largely due to significant working capital outflows and large increases in trade receivables, while short-term loans and advances absorbed cash faster than it was generated. Tax payments further reduced operating cash flow. It also reported negative cash flow from investing activities of Rs 0.10 crore, Rs 3.53 crore, and Rs 2.12 crore in the nine months ended December 31, 2025, FY24, and FY23, respectively. Further, the company reported negative cash flow from financing activities of Rs 3.14 crore in FY25. If cash outflows continue to exceed inflows, the company may face liquidity challenges in the future.
  • • The company depends on third-party service providers for a significant part of its transportation fleet. Its pick-up and delivery charges amounted to Rs 17.13 crore (11.84% of total expenses), Rs 36.75 crore (19.31%), Rs 34.92 crore (20.00%), and Rs 34.13 crore (18.52%) in the nine months ended December 31, 2025, FY25, FY24, and FY23, respectively. Any disruption in the availability of third-party vehicles, increase in hiring costs, or deterioration in service quality may adversely affect its operations, customer satisfaction, and profitability.

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