Pooja Logistics Ltd.
TRUCKITSME
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Overview
Pooja Logistics Limited is an Indian cold-chain logistics company that transports temperature-sensitive and perishable goods using refrigerated trucks (reefers). Incorporated in 2011, it operates an owned GPS-enabled reefer fleet (over 357 vehicles as of August 31, 2025) and serves customers in segments such as dairy, confectionery, quick-service restaurants, pharmaceuticals/healthcare, and e-commerce, with pan-India coverage across more than 26 states and limited international revenue from Nepal.
Opening Date
Sep 23, 2026
Closing Date
Sep 25, 2026
Listing Date
Sep 30, 2026
IPO Type
SME
IPO Status
Upcoming
Issue Size
44.23 Cr
Fresh Issue
44.23 Cr
Offer for Sale
0 Cr
Price Band
₹109 - ₹115
Lot Size
1200
IPO Timeline
Financials
Revenue
Profit After Tax (PAT)
Use of IPO funds
Key Performance Indicator
P/E Ratio
10.89
EPS
10.56
ROE
—
ROCE
34.47%
RONW
54.2%
Debt to Equity Ratio
1.12
PAT Margin
7.41%
EBITDA Margin
15.52%
P/B
4.45
Bull vs Bear
Bull case
- •
An owned GPS-enabled reefer fleet gives tighter control on delivery quality, which matters because consistent temperature compliance helps retain demanding customers.
- •
Technology-led monitoring and contingency planning lowers spoilage risk, which matters because fewer service failures protect reputation and repeat orders.
- •
Cold-chain logistics demand is growing, which matters because expanding end-markets can support higher utilization of trucks and better operating efficiency.
Bear case
- •
Revenue depends heavily on a few FMCG customers, which matters because one large customer reduction can quickly hit sales, cash flow, and fleet utilization.
- •
Operations are concentrated in Delhi, Haryana, Maharashtra, and Uttar Pradesh, which matters because local disruptions can impact a large portion of revenue at once.
- •
The business is promoter-led, which matters because losing key decision-makers can disrupt customer relationships and execution during expansion.
Net takeaway
This is a cold-chain logistics business built around owning and managing a large refrigerated fleet with tracking systems, so execution quality is central to long-term value. For that to work, it must keep key customers and run consistently across its main states while scaling the fleet purchases smoothly. The big downside is concentration—both in customers and geography—so a single disruption can hurt results. Over time, watch customer mix and repeat business stability.
Subscription Rate
Subscription data will be available once the IPO opens.
