News Details

( As on 18/09/2026 18:50)

Pooja Logistics announces launch of initial public offering

Pooja Logistics Ltd. has announced public offering of 3846000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 105.00 per share. The gross proceeds of the issue are expected to be Rs 4,422.90 lakhs.

The company's initial public offer (IPO) will open on 23 September 2026 and is expected to close on 25 September 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 109.00-115.00 per share.

The IPO includes a fresh Issue of 3846000 Equity Shares of the Company at an price of Rs 115.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

Pooja Logistics Ltd. anticipates using the proceeds of the issue for Purchase of Vehicles (“Goods carriages) Public Issue Related Expenses General Corporate Purpose.

Share India Capital Services Pvt. Ltd. as lead manager & Maashitla Securities Pvt. Ltd. is the registrar, to the issue.