Pooja Logistics IPO
Logistics • ₹44cr
High risk because:
- Loss-making or weak profitability noted in DRHP
- 5 material risk factors disclosed in DRHP
- High customer concentration flagged in the DRHP
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹23-25
Lot Size
1200 shares
Issue Size
₹44cr
Open
23 Sept 2026
Close
25 Sept 2026
Subscription
2.89×
IPO Schedule
| Issue Open Date | 23 Sept 2026 |
| Issue Close Date | 25 Sept 2026 |
| Allotment Date | 28 Sept 2026 |
| Listing Date | 30 Sept 2026 |
About Pooja Logistics
Pooja Logistics provides temperature-controlled logistics services, specializing in the transportation of perishable goods across India. The company operates a network of refrigerated trucks, known as reefers, to support the supply chain requirements of the fast-moving consumer goods and general logistics sectors. Revenue is primarily generated by charging freight rates for the movement of these temperature-sensitive shipments, with contract pricing often adjusted for fuel and refrigeration cost variations. The company’s business model utilizes a combination of an in-house fleet, which comprises over four hundred GPS-enabled refrigerated vehicles, and a network of hired vehicles sourced from third-party fleet owners and independent agents. Pooja Logistics focuses on maintaining specific transit temperatures to prevent cargo spoilage and ensure product integrity from origin to destination. Operations are heavily concentrated in regions such as Delhi, Haryana, Maharashtra, and Uttar Pradesh, enabling the company to manage continuous cold chain transportation and safe deliveries. 
Company Details
Founders / Promoters
Mr Deepak Khanna
Founded
2011
Registrar
MSPL
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Investment Analysis
Pooja Logistics — IPOFins Verdict
QuantitativeDriven by QIB demand at 2.5x and elevated disclosed risk (9/10). SME listings are also thinner and more volatile after listing. The signals look weak — weigh the risks carefully. This is a quantitative flag, not a recommendation.
- Established presence with a diverse customer base primarily in the FMCG sector.
- Strategic combination of an in-house fleet of 424 vehicles and hired third-party trucks.
- Consistent improvement in profit after tax margins over the last three financial years.
- Pan-India temperature-controlled transportation network ensuring supply chain efficiency.
- Dedicated management team possessing significant logistics industry experience.
Score breakdown — what drove this verdict
High risk from DRHP → score -1.6
Institutional subscription → score 0
SME IPOs have lower liquidity after listing → score −0.5
Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →
IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.
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FAQ
What is the price band of Pooja Logistics IPO?
The price band is ₹23-25 per share with a lot size of 1200 shares. Minimum investment: ₹30,000.
What does Pooja Logistics do?
Pooja Logistics provides temperature-controlled logistics services, specializing in the transportation of perishable goods across India. The company operates a network of refrigerated trucks, known as reefers, to support the supply chain requirements of the fast-moving consumer goods and general logistics sectors. Revenue is primarily generated by charging freight rates for the movement of these temperature-sensitive shipments, with contract pricing often adjusted for fuel and refrigeration cost variations. The company’s business model utilizes a combination of an in-house fleet, which comprises over four hundred GPS-enabled refrigerated vehicles, and a network of hired vehicles sourced from third-party fleet owners and independent agents. Pooja Logistics focuses on maintaining specific transit temperatures to prevent cargo spoilage and ensure product integrity from origin to destination. Operations are heavily concentrated in regions such as Delhi, Haryana, Maharashtra, and Uttar Pradesh, enabling the company to manage continuous cold chain transportation and safe deliveries. 
Should I apply for Pooja Logistics IPO?
Pooja Logistics is drawing muted interest at 2.9x overall subscription (QIB 2.5x, retail 2.7x). IPOFins Score 3/10: Driven by QIB demand at 2.5x and elevated disclosed risk (9/10). SME listings are also thinner and more volatile after listing. The signals look weak — weigh the risks carefully. This is a quantitative flag, not a recommendation.
Who founded Pooja Logistics?
Pooja Logistics was founded by Mr Deepak Khanna in 2011.