Pooja Logistics IPO
Pooja Logistics IPO is an SME IPO raising ₹44 Cr at ₹109 – ₹115 a share. It listed on 30 Sept 2026 at ₹118, +2.6% against its issue price of ₹115, and trades at ₹120 today (+4.4% since issue). It was subscribed 3.72× in total.
3.7 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Where your money goes
Only the fresh issue reaches the company. The offer for sale is existing shareholders selling their own stock — that money goes to them, not the business.
A red herring prospectus is filed before the price is fixed, so it states share counts rather than rupee amounts. derived: shares x cut-off price Rs115 + OFS by subtraction from exchange total Rs44 Cr. Checked: exchange issue size Rs44 Cr vs derived Rs44.2 Cr (0.5% apart).
What the fresh money funds
The stated uses of the net proceeds, from the prospectus’s Objects of the Issue table. Only the fresh issue funds these — the offer-for-sale money goes to the selling shareholders above.
As stated in the prospectus. “General corporate purposes” is the part with no committed use; SEBI caps it at 25% of the issue.
The price they’re asking
From the prospectus’s own “Basis for Issue Price” — the issuer’s earnings multiple against the peers it chose to compare itself with.
Priced 2% above the median multiple of the peers the issuer itself names.
| Listed peer (issuer’s choice) | P/E | RoNW | EPS |
|---|---|---|---|
| AVG Logistics Limited | 11.93× | 10.11% | ₹17.38 |
| Premier Roadlines Limited | 6.94× | 14.34% | ₹6.02 |
| This issue | 9.6× | 36.21% | ₹12 |
derived: cut-off price Rs115 / stated EPS Rs12 (FY26 (year ended March 31, 2026) diluted EPS, restated consolidated). Peer figures are as printed in the prospectus — they date from its filing, not today. A multiple is one lens, not a verdict.
Terms of the issue
The mechanics of what is being sold. Held for every issue we track.
Not here yet
The anchor-investor allocation — which institutions were allotted shares before bidding opened — is still to be read out of its document.