Pooja Logistics IPO: Dates, Price Band, GMP and What the Prospectus Shows
Pooja Logistics' SME IPO opens on 23 September 2026 and closes on 25 September 2026, at ₹109–₹115 a share. The dates, the money, the ratios the prospectus discloses, and an honest note on the grey-market number.
In short
- Bidding runs 23 September 2026 to 25 September 2026, at a price band of ₹109–₹115.
- At the upper band the issue is priced at roughly 10.4 times disclosed FY26 earnings.
- Listing is expected on 30 September 2026.
Pooja Logistics' SME IPO opens on 23 September 2026 and closes on 25 September 2026, at a price band of ₹109–₹115 a share for a total of ₹44.23 crore.
This page sets out what the filings actually say — the dates, the money, the ratios the prospectus discloses and the grey-market number doing the rounds — and is deliberately clear about which of those is a fact and which is a rumour. Live status, subscription and documents for this issue sit on its IPO Center page.
The offer, in the numbers that decide what you pay
- Price band: ₹109 to ₹115 per share, face value ₹10
- Total issue: ₹44.23 crore
- Type: Book Building
- Registrar: Maashitla Securities Private Limited
- Book-running lead manager: Share India Capital Services Private Limited
What the company says it will do with the money
The prospectus lists these objects for the fresh issue:
- Purchase of Vehicles
- General Corporate Purpose
Objects are a commitment, not a forecast. They are disclosed in the offer document, monitored after listing, and changing them later needs shareholder approval — which is why they are one of the more reliable things in a prospectus.
Who the shares are reserved for, and what that tells you
The issue reserves 50% for qualified institutional buyers, 15% for non-institutional investors and 35% for retail.
That is the standard split for an issuer meeting the ICDR track-record test. Retail gets a third of the book, which is the more forgiving of the two structures when an issue is heavily subscribed.
The financials the prospectus actually discloses
These are the ratios from the company's own red herring prospectus, for the financial year ended 31 March 2026. We checked each of them against that document rather than taking them from an aggregator.
- Earnings per share: ₹11.02
- Net asset value per share: ₹25.85
- Return on net worth: 54.20%
At the upper band of ₹115, the issue is priced at about 10.4 times FY26 earnings. That is roughly 4.4 times the disclosed net asset value of ₹25.85 a share. Both are arithmetic on the two numbers above, not a valuation opinion — a multiple only means something next to comparable companies, which is what peer comparison in an IPO is for.
The grey market number, and what it is not
Our desk's most recent reading is a grey-market premium of zero — a quote exists, and it is flat.
Now the caveat, and it is not a formality. The grey market is an unofficial, unregulated market in applications and allotments. It is not an exchange, the price is not a quotation, nobody supervises it, and the number changes daily on thin volume. It has been badly wrong in both directions. Treat it as sentiment, never as a forecast — grey-market premium risks sets out how it goes wrong, and IPO GMP explained covers what it is.
The dates that matter after you apply
- Bidding opens: 23 September 2026
- Bidding closes: 25 September 2026
- Basis of allotment: 28 September 2026
- Refunds initiated: 29 September 2026
- Shares credited to demat: 29 September 2026
- Listing: 30 September 2026
Bids have to be in before the close on the final day — an application after the cut-off does not count, and neither does a UPI mandate you never approved. That mandate is the single most common reason a valid-looking application fails; UPI mandate failures explains what goes wrong and the UPI IPO process covers doing it right.
Allotment is decided by the registrar, Maashitla Securities Private Limited, and in an oversubscribed retail category it is a lottery on lots rather than a proportionate cut. How to check your allotment status and the basis of allotment cover both halves of that.
Before you decide
This is an SME issue, and that changes the risk rather than just the size. SME lots are large, the shares trade thinly after listing, disclosure is lighter than on the mainboard and exiting can be genuinely hard. Mainboard versus SME sets out what actually differs.
Figures come from the company's red herring prospectus and from NSE's issue data as at the dates stated, and issues change: bands are revised, dates move, and an issue can be withdrawn. Verify against the final prospectus before you apply. CAPITA1 is an information service, not a broker, and is not registered with SEBI as an investment adviser — nothing here is investment advice.
Frequently asked questions
When does the Pooja Logistics IPO open and close?
Bidding opens on 23 September 2026 and closes on 25 September 2026. Applications submitted after the cut-off on the closing day are not considered.
When is the Pooja Logistics IPO allotment and listing?
The basis of allotment is expected on 28 September 2026, with listing expected on 30 September 2026. These are the dates in the offer document, and a date still ahead can move.
What is the Pooja Logistics IPO GMP today?
We have no grey-market reading we are willing to publish for this issue. GMP is unofficial in any case — it is not quoted by any exchange and no regulator supervises it.
What is the Pooja Logistics IPO valuation?
At the upper band of ₹115 and disclosed FY26 earnings per share of ₹11.02, the issue is priced at about 10.4 times earnings, and about 4.4 times its disclosed net asset value of ₹25.85. That is arithmetic, not an opinion on whether it is cheap.
Who is the registrar for the Pooja Logistics IPO?
Maashitla Securities Private Limited. The registrar runs the basis of allotment and is where you check your application status once allotment is finalised.
Is the Pooja Logistics IPO a mainboard or SME issue?
It is an SME issue. SME lots are larger, the shares trade far more thinly after listing, and disclosure requirements are lighter than on the mainboard.