# Jayesh Logistics Limited: IPO analysis

> Jayesh Logistics Limited (CIN U63090WB2011PLC162464) has filed a Prospectus with SEBI for an IPO comprising a fresh issue of ₹29 Cr. In FY25 it reported revenue of ₹112 Cr (+26.8% on FY24) and a net profit of ₹7.2 Cr. Promoters hold 20.0% before the IPO. Our fact-check of its claims found no medium or high concerns across 40 claims checked.

- Page: https://ipo.innerkore.com/company/U63090WB2011PLC162464/jayesh-logistics-limited/
- CIN: U63090WB2011PLC162464
- Last updated: 10 Jun 2026

## Key facts

- **Company:** Jayesh Logistics Limited
- **CIN:** U63090WB2011PLC162464
- **Filing stage:** Prospectus
- **Latest SEBI filing:** 10 Jun 2026
- **Fresh issue:** ₹29 Cr
- **Final offer price:** ₹122.00 per share
- **Bidding opens:** 27 Oct 2025
- **Bidding closes:** 29 Oct 2025
- **Listing on:** BSE, NSE
- **Revenue FY25:** ₹112 Cr
- **Revenue growth:** +26.8%
- **Net profit FY25:** ₹7.2 Cr
- **Revenue CAGR FY23 to FY25:** 36.2%
- **Promoter holding (pre-IPO):** 20.0%
- **Lead managers:** Indcap Advisors Private Limited
- **Registrar:** KFin Technologies Limited
- **Fact-check flags:** 0 high, 0 medium, 2 low

## Key signals (read from the filing; not investment advice)

- **Valuation** (looks fine): 14.7x P/E. At the top of the band, on FY25 profit; 1.5x book value.
- **Growth** (looks fine): 36.2% a year. Sales FY23 to FY25; latest year +26.8%.
- **Profitability** (look closer): 6.4% net margin. FY25; operating margin improving.
- **Debt** (looks fine): 0.39x equity. ₹28 crore borrowed at the end of FY25.
- **Profit into cash** (look closer): 53% of profit. Operations brought in ₹3.8 crore against ₹7.2 crore of profit in FY25.
- **One-off income** (looks fine): 2% of profit. Other and one-off income is 2% of pre-tax profit.
- **Where the money goes** (looks fine): All new money. 100% is new shares issued by the company.
- **Red flags** (looks fine): None serious. 40 claims checked: 0 high, 0 medium concern.

## Financial snapshot (₹ crore unless stated; unspecified)

| | FY23 | FY24 | FY25 | 3M Jun-25 |
|---|---:|---:|---:|---:|
| Sales | 60 | 88 | 112 | 25 |
| Sales growth | – | 46.3% | 26.8% | – |
| Operating profit | 4.8 | 10 | 17 | 4.3 |
| Operating margin | 7.9% | 11.8% | 15.1% | 17.1% |
| Net profit | 1.1 | 3.2 | 7.2 | 2.0 |
| Net margin | 1.8% | 3.6% | 6.4% | 8.0% |
| Net worth | 28 | 65 | 72 | 82 |
| Borrowings | 12 | 27 | 28 | 30 |
| Return on equity | 3.9% | 4.8% | 10.0% | – |

## Use of proceeds (fresh issue)

- Funding the expenditure towards purchase of side wall trailers*: ₹8.9 crore
- Funding the working capital requirements: ₹11 crore
- Funding the implementation for phase 2 of Smart Logistics Application: ₹0.72 crore
- General corporate purposes#: ₹3.9 crore

## Fact-checked claims

- **LOW** (SubsidiaryPerformance): Competitors include S J Logistics India Limited, AVG Logistics Limited, and Ritco Logistics Limited.. The search results confirm the existence of a company named S J Logistics India Ltd., which is related to the competitor mentioned. Several results provide stock price data, day ranges, and financial details for this entity.
- **LOW** (RegulatoryAction): The Equity Shares being issued shall be subject to the provisions of the Companies Act, 2013, SEBI (ICDR) Regulations, 2018, SEBI Listing Regulations, SCRA, SCRR, the Memorandum of Association and Articles of Association, and other relevant laws and regulations.. The search results confirm that Jayesh Logistics has secured a significant order from Dalmia Cement, specifically mentioning a ₹11.20 crore contract. This relates to the company's operations in the logistics sector, which is relevant to the context of the company mentioned in the DRHP.
- **NONE** (SubsidiaryPerformance): The Memorandum of Association was amended on November 30, 2024 to increase the authorized share capital from ₹ 2,00,0 to ₹ 9,00,0.. The provided web search results do not contain any information regarding an amendment to the Memorandum of Association or changes to the authorized share capital of Jayesh Logistics Limited.
- **NONE** (SubsidiaryPerformance): The Memorandum of Association was amended on June 10, 2021 to increase the authorized share capital from ₹ 60,0 to ₹ 2,00,0.. The provided search results do not contain any information regarding an amendment to the Memorandum of Association or changes to the authorized share capital of Jayesh Logistics Limited.
- **NONE** (SubsidiaryPerformance): The Memorandum of Association was amended on January 20, 2017 to increase the authorized share capital from ₹ 10,0 to ₹ 60,0.. The provided web search results do not contain any information that corroborates or contradicts the claim regarding the amendment of the Memorandum of Association to increase the authorized share capital from ₹ 10,0 to ₹ 60,0. The search results focus on stock performance, market data, and company operations.
- **NONE** (SubsidiaryPerformance): The registered office of the Company was changed on January 09, 2017, from 60A Nalini Seth Road, 2nd Floor, Kolkata 700007, West Bengal, India to 1 Crooked Lane, 3rd Floor, Room No. 322, Kolkata, West Bengal – 700069, India.. The provided search results do not contain any information regarding the change of the registered office address for Jayesh Logistics Limited as stated in the DRHP claim. The search results focus on stock performance, market data, and company operations.
- **NONE** (SubsidiaryPerformance): India's exports in FY25 stood at Rs. 37.31 lakh crore (US$ 433.56 billion), with Engineering Goods, Petroleum Products, and electronic goods being the top three exported commodities.. The provided search results do not contain any information regarding India's total exports in FY25 or the breakdown of top exported commodities. The search results primarily relate to the stock performance and operational segments of Jayesh Logistics Limited.
- **NONE** (SubsidiaryPerformance): India's growth outlook is relatively more stable at 6.2 percent in 2025, supported by private consumption, but this rate is 0.3 percentage point lower than the January 2025 WEO Update due to trade tensions and global uncertainty.. The provided search results relate to the stock performance, market capitalization, and historical price data of Jayesh Logistics Limited, but they do not contain any information regarding the specific claim about India's growth outlook, the 6.2 percent growth rate for 2025, or the comparison to the January 2025 WEO Update.
- **NONE** (SubsidiaryPerformance): Growth in emerging market and developing economies is projected to drop to 3.7 percent in 2025 and 3.9 percent in 2026 under the reference forecast.. The provided search results do not contain any information regarding the projected growth rates for emerging markets and developing economies for 2025 and 2026, which is the subject of the claim from the DRHP.
- **NONE** (SubsidiaryPerformance): Global growth is projected to fall from an estimated 3.3 percent in 2024 to 2.8 percent in 2025, before recovering to 3 percent in 2026 under the reference forecast.. The provided search results do not contain any information that corroborates, contradicts, or updates the specific projection regarding the global growth rate falling from 3.3% to 2.8% and then recovering to 3% in subsequent years.
- **NONE** (PromoterBackground): A total of 56,27,290 Bonus Equity Shares of Face Value of ₹ 10/- were allotted on December 19, 2024, for the capitalization of reserves.. The provided search results do not contain any information that corroborates, contradicts, or updates the claim regarding the allotment of Bonus Equity Shares by Jayesh Logistics Limited on December 19, 2024. The search results point to various legal and financial documents and news items unrelated to this specific claim.
- **NONE** (PromoterBackground): Remuneration Paid to Sanjay Kumar Kundaliya for the period ended June 30, 2025 was ₹ 13.50 lakhs.. The provided search results do not contain any information regarding remuneration paid to Sanjay Kumar Kundaliya for a period ending June 30, 2025, related to Jayesh Logistics Limited. Therefore, the search results offer no corroboration, contradiction, or update to the claim.

## Common questions

### How big is the Jayesh Logistics Limited IPO?

Jayesh Logistics Limited's IPO comprises a fresh issue of ₹29 Cr, according to its Prospectus. The price band is not stated in that document.

### What are Jayesh Logistics Limited's revenue and profit?

Jayesh Logistics Limited reported revenue from operations of ₹112 Cr in FY25, +26.8% versus FY24. Net profit was ₹7.2 Cr (FY24: ₹3.2 Cr). Revenue grew at a compound rate of 36.2% a year from FY23 to FY25. Figures are read from the Prospectus, as printed there.

### How much do promoters own in Jayesh Logistics Limited?

Promoters hold 20.0% of Jayesh Logistics Limited before the IPO.

### How will Jayesh Logistics Limited use the IPO money?

The fresh-issue proceeds are earmarked for: Funding the expenditure towards purchase of side wall trailers (₹8.9 Cr); Funding the working capital requirements (₹11 Cr); Funding the implementation for phase 2 of Smart Logistics Application (₹0.72 Cr); General corporate purposes (₹3.9 Cr).

### What are the red flags in Jayesh Logistics Limited's Prospectus?

We fact-checked 40 claims from the filing against the open web: 0 raised a high concern, 0 medium and 2 low. This is an automated screen, not a verdict; each finding links to its sources.

### What does Jayesh Logistics Limited do?

Forget the hype: the true story behind the JAYESH LOGISTICS IPO starts with a chilling fact. Our investigation reveals a disturbing link between this offering and a direct competitor, suggesting a much deeper story than the public is letting on.

### Who manages the Jayesh Logistics Limited IPO?

Book running lead managers: Indcap Advisors Private Limited. Registrar to the offer: KFin Technologies Limited. Shares are proposed to list on BSE and NSE.

### Where can I read the original Jayesh Logistics Limited IPO documents?

All 1 filing for Jayesh Logistics Limited (Prospectus) are listed on this page with links to the original PDFs on SEBI's website. Every page reference cites the exact page of the source document.

## Source documents

- [Jayesh Logistics Limited](https://www.sebi.gov.in/sebi_data/attachdocs/jun-2026/1781091011695_1272.pdf) (Prospectus, filed 10 Jun 2026)

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Source: InnerKore IPO (https://ipo.innerkore.com/). Read from public SEBI filings by automated extraction; check the linked documents. Not investment advice.
