Jayesh Logistics Limited IPO

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Jayesh Logistics Limited is a prominent service provider in the logistics and supply chain management industry, specializing in freight and non-freight logistics solutions across India and Nepal. With over a decade of experience, the company offers a complete suite of services including road and rail freight transportation, loading and unloading, truck-on-hire services (Truck Forwarding Note – TFN), customs clearance, and machinery-on-hire for industrial clients.

Business Operations

The company caters to over 200 clients from diverse sectors such as iron and steel, infrastructure equipment, cement, heavy industrial machinery, engineering, and construction.
It operates both domestic and cross-border consignments, providing end-to-end logistics solutions that integrate transportation, documentation, and supply chain management.

Service Portfolio

1. Freight Operations

a) Own Fleet Operations: Contract-based and ad-hoc road transportation services using the company’s owned fleet for domestic and cross-border consignments, including documentation and customs clearance.
b) Hired Fleet Operations: Integration with third-party logistics vendors to meet client-specific capacity requirements (up to 38 MT).
c) Truck Forwarding Note (TFN): Providing trucks on hire to other logistics players to reduce empty backhauls and optimize asset utilization.

2. Non-Freight Operations

a) Railways, Shipping, and Supervision: Handling, loading, and unloading of goods transported through railways and ports, supported by rented machinery and operators.
b) Customs Clearance & Miscellaneous Services: Facilitating smooth import/export operations, ensuring legal compliance, and timely delivery of shipments — particularly for cross-border consignments in the Indo-Nepal corridor.

Fleet Strength

As of the date of the Red Herring Prospectus filing, the company owns a fleet of 95 heavy material and cargo-handling trucks of varied designs and capacities, enabling it to serve a wide range of cargo requirements.
To meet peak seasonal demand, Jayesh Logistics also partners with third-party fleet operators, ensuring flexibility and uninterrupted service.

Geographical Presence

Jayesh Logistics has a strong operational base in Eastern India, particularly across Kolkata, Haldia, Durgapur, Siliguri, and Orissa, and extends its services to the Indo–Nepal corridor and Nepal hinterland. A significant portion of its revenue is generated from operations in Nepal, contributing 92.18%, 63.53%, 68.09%, and 78.96% for the period ended June 30, 2025, and the financial years ending March 31, 2025, 2024, and 2023, respectively.

Objects of the Jayesh Logistics Limited IPO:

Company  intends to utilize the Net Proceeds to meet the following objects: 1. Expenditure towards purchase of side wall trailers (₹8.84 cr) 2. Working capital requirements (₹11.23 cr) 3. Funding the implementation for phase 2 of Smart Logistics Application (₹0.72 cr) 4. General Corporate Purposes.

Jayesh Logistics Limited IPO Details:

Open Date: Oct 27 2025
Close Date: Oct 29 2025
Total Shares: 23,47,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Book Building
Issue Size: 28.63 Cr.
Lot Size: 1000 Shares
Issue Price: ₹ 116-122 Per Equity Share
Listing At: NSE Emerge
Listing Date: Nov 03 2025

Promoters And Management:

1. Sanjay Kumar Kundaliya (43) – Chairman & Managing Director, and Promoter. A B.Com graduate from the University of Calcutta with over 13 years of experience in the logistics industry. Founder of Jayesh Logistics Limited, he oversees the company’s strategic, operational, and financial management, including business development, client relations, and compliance. 2. Navita Kundaliya (40) – Whole-Time Director and Promoter. A B.Com graduate from Gauhati University with 13+ years of logistics experience. She manages daily operations, resource planning, team development, and client engagement. 3. Rishi Maheshwari (37) – Non-Executive Director. A B.Tech (Civil) from IIT Roorkee and PGDM from MDI Gurgaon (2014), with over a decade of experience in the logistics sector.

Financials of Jayesh Logistics Limited IPO:

To be updated shortly

Comparison With Peers:

To be updated shortly

Lead Manager of Jayesh Logistics Limited IPO:

  1. Indcap Advisors Private Limited

Registrar of Jayesh Logistics Limited IPO:

  1. Kfin Technology Private Limited

Discussion on Jayesh Logistics Limited IPO:

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