Neptune Logitek Limited IPO

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Neptune Logitek Limited was originally incorporated as Amardeep Logistics Private Limited on March 2, 2012. With over 13 years of operational experience, Neptune Logitek Limited is an integrated logistics solutions provider offering multimodal transportation services across India. The Company delivers differentiated logistics solutions through:

A pan-India operational footprint
– Integrated multimodal service offerings
Focus on door-to-door logistics
A large fleet network spanning multiple states

Its service portfolio includes Freight Forwarding & Custom Clearance, Air Freight (Import/Export & Courier), Door-to-Door Coastal Forwarding, Road Transportation, and Rail Transportation.

Operational Infrastructure & Asset Base

Neptune Logitek operates through its head office and nine strategically located branch offices, including one dedicated fleet-repair facility. The Company follows an asset-based business model, maintaining a sizeable and expanding vehicle fleet—199 owned vehicles as of March 31, 2025. This is supported by leased vehicles from business partners, ensuring both scalability and service reliability.

The Company also owns a captive petrol pump with 60 KL storage capacity (PESO Class B licensed), assisting in fuel cost optimization and efficient fleet operations.

Fleet Strength and Geographic Reach

Neptune Logitek operates with a rapidly growing fleet of over 190 trailers, covering Gujarat, Kerala, Tamil Nadu, Karnataka, and other regions. The Company has also expanded its network of fleet operators to serve a diverse customer base across industries such as ceramics, agriculture, cement, and capital goods.

Client Base and Service Excellence

In FY 2025, the Company serviced 2,185 customers across multiple industries. Its focus on timely service, customized logistics solutions, and multimodal integration has enabled the development of long-term client relationships and repeat business.

Objects of the Neptune Logitek Limited IPO:

Company proposes to utilize the Net Proceeds towards funding the following objects: 1. Funding capital expenditure requirement towards Purchase Vehicles and ancillary equipment (₹33.94 cr) 2. Funding towards Repayment of Loan (₹2 cr) 3. General Corporate Purpose

Neptune Logitek Limited IPO Details:

Open Date: Dec 15 2025
Close Date: Dec 17 2025
Total Shares: 37,00,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Fixed Price Issue
Issue Size: 46.62 Cr.
Lot Size: 1000 Shares
Issue Price: ₹ 126 Per Equity Share
Listing At: BSE SME
Listing Date: Dec 22 2025

Promoters And Management:

1. Mr. Ankit Devidas Shah (41) – Chairman & Managing Director, holds a PGDM in Finance & Marketing and a Mechanical Engineering degree. Associated with the Company since 2012, he is a Promoter and key architect of Neptune Logitek’s strategic direction and growth. With over a decade of leadership experience, he oversees Finance, Funding, and Strategic Planning. 2. Mrs. Reema Ankit Shah (41) – Executive Director, holds an MCA and BCA, and has been associated with the Company since 2012. She oversees Human Resources and Information Technology, playing a pivotal role in streamlining internal processes and building a digital-first operational model. She conceptualized and implemented the Company’s proprietary ERP system, enabling real-time tracking, improved service delivery, and enhanced customer experience. 3. Mr. Mukesh Bafna (37) – An experienced finance professional, Chartered Accountant, and Company Secretary (Final), with over a decade in accounting, taxation, consulting, and compliance. He serves as Whole-Time Director at Fayda Finserv, specializing in debt syndication and MSME advisory. Formerly a Partner at MDRD & Associates, he led tax, audit, and financial consulting engagements.

Financials of Neptune Logitek Limited IPO:

To be updated shortly

Comparison With Peers:

To be updated shortly

Lead Manager of Neptune Logitek Limited IPO:

  1. Galactico Corporate Services Limited

Registrar of Neptune Logitek Limited IPO:

  1. Bigshare Services Private Limited

Discussion on Neptune Logitek Limited IPO:

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