Learn how Neptune Logitek Ltd’s IPO is progressing across its subscription period, including investor demand trends, issue price and lot size, key IPO dates, and the step-by-step application process through ASBA or UPI.
Neptune Logitek Ltd has entered the primary market with its SME IPO, aiming to raise capital to support business expansion and strengthen operational capabilities. The IPO opened for subscription on December 15, 2025, marking the company’s public market debut on the BSE SME platform. Operating in the logistics and supply chain services space, Neptune Logitek focuses on freight forwarding, transportation management, and related logistics solutions for domestic clients.
The IPO is a fixed-price issue with a total size of ₹46.62 Cr and is entirely a fresh issue of equity shares priced at ₹126 per share. Given the essential role of logistics in trade and supply chains, the issue has drawn attention from retail investors tracking SME offerings in service-driven sectors.
The Neptune Logitek Ltd IPO opened to a measured response from investors on its initial day of bidding. Retail investors accounted for most of the early participation, while non-institutional interest remained limited. As an SME IPO without a QIB portion, subscription trends are largely driven by retail and HNI segments.
On the first day of bidding, the Neptune Logitek Ltd IPO recorded an overall subscription of 0.37×. Retail investors showed relatively stronger participation compared to other categories, while non-institutional bids were modest.
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIB) |
N.A. |
Retail Individual Investors (RII) |
0.96× |
Non-Institutional Investors (NII) |
0.13× |
Total |
0.37× |
The Day 1 data indicates a cautious start, with retail investors leading early interest while broader participation is expected to build over the remaining days.
On the second day of bidding, the Neptune Logitek Ltd. IPO witnessed a notable improvement in retail participation, while non-institutional interest also picked up modestly:
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIB) |
N.A. |
Retail Individual Investors (RII) |
2.14× |
Non-Institutional Investors (NII) |
0.26× |
Total |
1.20× |
The second day’s progress reflects growing traction among retail investors, pushing the issue closer to full subscription, with expectations of further momentum as bidding moves towards the final day.
The Neptune Logitek Ltd. IPO saw a notable improvement in demand on its third and final day of bidding, driven primarily by strong retail investor participation, while non-institutional interest remained modest:
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIB) |
N.A. |
Retail Individual Investors (RII) |
2.67× |
Non-Institutional Investors (NII) |
0.41× |
Others |
N.A. |
Total |
1.03× |
By the close of Day 3, the IPO managed to cross full subscription overall, supported largely by retail investors. The strong RII response reflects confidence among smaller investors in the company’s business model and SME growth prospects, while participation from high-net-worth investors remained relatively subdued.
The Neptune Logitek Ltd IPO is offered at a fixed price of ₹126 per share, with a face value of ₹10 per share. Investors are required to apply in a minimum lot size of 1,000 shares and in multiples thereof.
| Investor Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
Retail (Min) |
1 |
1,000 |
₹1,26,000 |
HNI (Min) |
2 |
2,000 |
₹2,52,000 |
The pricing structure follows the standard SME IPO format, with a relatively higher minimum investment compared to mainboard IPOs, making it more suitable for investors familiar with SME listings.
For more details on company information, issue updates, and live subscription data, investors can track the Neptune Logitek IPO on Bajaj Markets.
The table below outlines the important milestones for the Neptune Logitek Ltd IPO, from the bidding period to listing:
| Event | Date | Details |
|---|---|---|
IPO Open Date |
December 15, 2025 |
Issue opens for subscription |
IPO Close Date |
December 17, 2025 |
Final day to submit bids |
Basis of Allotment |
December 18, 2025 |
Finalisation of share allotment |
Refunds Initiation |
December 18, 2025 |
Refunds for unallotted investors |
Credit of Shares to Demat |
December 18, 2025 |
Shares credited to Demat accounts |
Listing Date |
December 22, 2025 |
Shares to list on BSE SME |
Note: These dates represent procedural milestones based on publicly available data and are intended for informational purposes only.
Investors can apply for the Neptune Logitek Ltd IPO using either the ASBA facility through their bank or via UPI using broker or financial marketplace platforms.
ASBA allows investors to apply directly through their bank account, with funds remaining blocked until allotment:
Log in to your internet banking account.
Navigate to the ‘IPO’ or ‘ASBA’ section.
Select ‘Neptune Logitek Ltd IPO’ from the list of active issues.
Enter the number of lots and confirm the bid price.
Submit the application.
The application amount will remain blocked until allotment.
On allotment, shares will be credited to your Demat account and funds debited accordingly.
UPI-based IPO applications are supported by most registered brokers and online investment platforms:
Log in to your broker’s trading account or Demat account.
Go to the IPO section and choose ‘Neptune Logitek Ltd IPO’.
Enter the required bid details such as lots and price.
Provide your UPI ID linked to your bank account.
Approve the UPI mandate request on your UPI app.
Funds will be debited only if shares are allotted.
Allotted shares will be credited to your Demat account.
The information provided above is based on publicly available data from reliable financial news and market sources. Investors are advised to verify figures and consult financial experts before making investment decisions. Market conditions and subscription numbers are subject to change during the IPO window.
Sources
LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo
Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo
Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/
NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos
Business Today — IPO Corner: Latest IPO News & Analysis, https://www.businesstoday.in/markets/ipo-corner