Moving goods efficiently is a huge business in India, with the logistics industry valued at USD 228.4 billion in 2024 and growing at a compounding rate of 7.7% annually from 2025-2030. From e-commerce deliveries to international cargo, this sector is creating new opportunities. Sunsky Logistics is capitalising on this growth through its IPO, aiming to raise ₹192.86 crore for expansion and working needs.
If you’re following the Sunsky Logistics IPO date, price, and allotment, this blog has all the details you need.
Sunsky Logistics IPO Details
Take a closer look at the major details of the Sunsky Logistics IPO review, including pricing, lot size, issue type, and listing plans:
| IPO opening date | 30th Sep 2025 |
| IPO closing date | 3rd Oct 2025 |
| Face value | ₹2 per equity share |
| Issue price | ₹46 per share |
| IPO lot size | 3000 shares |
| Sale type | Fresh Issue |
| Offer for sale | NA |
| Fresh issue | 0.37 shares (aggregating up to ₹16.84 Cr) |
| Total issue size | 36,60,000 shares (aggregating up to ₹16.84 Cr) |
| Issue type | Fixed Price IPO |
| Listing at | BSE SME |
| Reserved for market market | 1,86,000 shares |
| Net offeree to public | 34,74,000 shares |
| Minimum investment | ₹1,38,000 (3,000 shares) |
| Retail discount | Undisclosed |
Sunsky Logistics IPO Timeline
Here’s a quick look of the important dates to keep in mind for the Sunsky Logistics IPO analysis:
| IPO open date | 30 September 2025 |
| IPO close date | 3 October 2025 |
| Provisional allotment | 6 October 2025 |
| Refund initiation | 7 October 2025 |
| Credit of shares to demat | 7 October 2025 |
| IPO listing | 8 October 2025 |
| Discontinuation date for UPI request validation | October 3, 2025 (5 PM) |
Sunsky Logistics Grey Market Premium (GMP Today)
The GMP gives an idea of what investors are willing to pay for the shares before official listing. Current numbers for Sunsky Logistics IPO GMP today are:
| Date | GMP (₹) | Estimated listing price |
| 27 Sep 2025 (10:31 AM) | 0 | 46 (0%) |
Sunsky Logistics IPO Reservation
The allocation of shares among different investor categories is as follows:
| Market maker shares offered | 1,86,000 shares (5.08%) |
| QIB shares offered | NA |
| NII (HNI) shares offered | 17,28,000 shares (47.21%) |
| Retail shares offered | 17,46,000 shares (47.70%) |
| Total shares offered | 36,60,000 (100.00%) |
Sunsky Logistics IPO Core Performance Indicators
A glance at Sunsky Logistics recent financial indicators shows its profitability, leverage, and overall growth trajectory.
| Indicator | FY23 | FY24 | FY25 |
| RoE (%) | 53.06 | 91.43 | 79.42 |
| RoCE (%) | 30.67 | 50.65 | 59.34 |
| Debt to equity ratio | 1.53 | 0.89 | 0.45 |
| PAT margin (%) | 1.61 | 8.45 | 11.74 |
| EBITDA margin (%) | 2.93 | 13.19 | 16.81 |
| NAV per share (₹) | 0.84 | 2.27 | 5.16 |
| EPS (Basic & Diluted) (₹) | 0.35 | 1.42 | 2.95 |
Sunsky Logistics IPO Financials
Here’s the company’s consolidated financial summary showing revenue, assets, and profit trends:
| (in ₹ lakhs) | 2023 | 2024 | 2025 |
| Revenue from Operations | 1,934.26 | 1,477.07 | 2,204.37 |
| Total Assets | 275.61 | 517.13 | 821.77 |
| Profit After Tax | 31.07 | 124.78 | 258.69 |
Sunsky Logistics IPO Lot Size
The breakdown of the minimum and maximum application requirements for different investor categories for the Sunsky Logistics IPO include:
| Investor category | Minimum application |
| Retail (Min) | 2 lots (6,000 shares, ₹2,76,000) |
| Retail (Max) | 2 lots (6,000 shares, ₹2,76,000) |
| HNI (Min) | 3 lots (9,000 shares, ₹4,14,000) |
Sunsky Logistics IPO Promoter Holding
A quick look at promoter shareholding before and after the IPO:
| Promoter Holding | Percentage |
| Promoter Holding Pre-Issue | 95.00% |
| Promoter Holding Post-Issue | 67.05% |
Sunsky Logistics IPO Anchor Investors Details
The bidding for anchor investors takes place before the public issue. Final allocations will be confirmed after bidding is complete:
| Bid date | Undisclosed |
| Shares Offered | Undisclosed |
| Anchor Portion Size (In Cr.) | To be updated |
| Anchor lock-in period end date for 50% shares (30 Days) | 05 November, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | 04 January, 2026 |
Sunsky Logistics IPO Prospectus
The IPO prospectus provides the official details filed with the exchanges, offering a complete guide to the issue. Key documents available for reference include:
About Sunsky Logistics IPO
Sunsky Logistics Pvt Ltd, founded in 2020 in Ahmedabad, Gujarat, is led by Managing Director Vineeta Shah. The company is owned and run by young entrepreneurs with over 15 years of international logistics experience. It offers services including ocean freight, air freight, road transport, customs clearance, warehousing, packaging, project cargo, and marine insurance. Known for ethics, punctuality, and honesty, Sunsky aims to be a landmark logistics provider globally.
Objectives of the Sunsky Logistics IPO
The company intends to utilise the IPO funds for the following purposes:
| Purpose | Allocation (₹ in Lakhs) |
| Purchase of flatbed trailers | 642.00 |
| Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company | 350.00 |
| To meet the working capital requirement | 275.00 |
| General corporate purpose | 252.00 |
Strength Of Sunsky Logistics IPO
Sunsky Logistics has various strengths that help support its growth, operational efficiency, and more which include the following:
- Experienced leadership: The company is led by promoter Mr. Akash A Shah, who has over 10 years of experience in the shipping, logistics, and transportation industry, providing strategic guidance and operational expertise.
- Wide range of logistics services: A comprehensive suite of “3PL” services, including freight forwarding, customs clearance, cargo handling, and door-to-door distribution, catering to a variety of client needs.
- Global network and arrangement: As a member of the World Shipping Alliance (WSA) and Bling Logistics Network Inc., the company has access to an extensive global network of freight agents and shipping lines, allowing it to serve major export markets efficiently.
- Strong and diverse customer base: Long-term relationships with clients across FMCG, engineering, and medical equipment sectors, which supports business continuity and helps attract new opportunities.
Risk of Sunsky Logistics IPO
The company also faces certain risks that could impact its operations or financial performance, which investors should consider carefully:
- High client concentration: A significant portion of revenue comes from a limited number of clients. In FY25, the top 10 customers contributed 85.72% of revenue, making the company vulnerable to the loss of any major client.
- Geographic dependance: Most of the revenue is generated in Gujarat, accounting for 90.30% of FY25 revenue. Any adverse economic or regulatory developments in this region could affect business operations.
- Dependence on third parties: The company logistics heavily relies on third-party service providers for crucial operations such as shipping, transportation, and customs clearance, as it does not hold its own Custom House Agent license. Any disruption in these services could negatively impact the business.
- Negative cash flows: Negative cash flows from investing and financing activities in the past. For the four-month period ending July 31, 2025, it reported negative cash flow from operating activities of ₹70.71 lakhs, indicating potential liquidity challenges.
- Litigation matters: Involvement in tax litigation cases where authorities have claimed ₹9.46 lakhs. An unfavorable outcome could have a material financial impact.
Final Take on Sunsky Logistics IPO
The Sunsky Logistics IPO, priced at ₹46 per share, opens on September 30 and lists on October 8. With expansion plans in motion and a focus on strengthening operations, the issue has sparked investor curiosity. If you’re following new opportunities in the SME space, this IPO is one to keep on your radar.
Other Recent IPO List
| Fabtech Technologies IPO | Seshaasai Technologies IPO |
| Epack Prefab Technologies IPO | Jinkushal Industries IPO |
| Ganesh Consumer IPO | B.A.G Convergence IPO |
| Suba Hotels IPO | Sodhani Capital IPO |
Sunsky Logistics IPO FAQs
The Sunsky Logistics IPO is an SME public issue by Sunsky Logistics Limited, an integrated logistics provider offering freight forwarding, 3PL, and multimodal transport services. The IPO aims to raise ₹16.84 crore through a fixed price issue, listing on BSE SME.
To apply via Zerodha, log in to Kite, go to ‘IPO’ under ‘Bids’, select Sunsky Logistics IPO, enter UPI ID, lot size, and bid price, then submit. Accept the mandate on your UPI app to block funds. Completion occurs once the mandate is accepted before the deadline.
The Sunsky Logistics IPO will open for subscription on September 30, 2025, and will close on October 3, 2025. Interested investors can submit their applications within these dates. Bidding will be accepted during market hours, and the IPO will be listed after completion of processing.
The minimum lot size for the Sunsky Logistics IPO is 6,000 shares for retail investors. Each share is priced at ₹46, making the minimum investment ₹2,76,000. Larger applications can be made in multiples of 6,000 shares. This structure enables both retail and high-net-worth individuals to participate.
Applications for Sunsky Logistics IPO can be made via UPI through brokers like Zerodha or using ASBA from online net banking. Select the IPO, fill in the required lot size and UPI ID, submit the application, and confirm the mandate on your UPI app before the closing date.
IPO allotment for Sunsky Logistics is expected to be finalized on October 6, 2025. Investors can check status on the registrar, Kfin Technologies’ website, after allotment. Refunds for unallotted applications will be initiated from October 7, with shares credited to successful applicant Demat accounts the same day.
The Sunsky Logistics IPO is scheduled to be listed on the BSE SME platform on October 8, 2025, subject to completion of allotment and refunds. The listing will officially mark availability for secondary trading and provide liquidity to successful investors.
