Categories: Business

Sunsky Logistics Limited IPO Opens on Sept 30, 2025

PNN

Mumbai (Maharashtra) [India], September 27: Sunsky Logistics Limited (The Company, Sunsky) is an integrated logistics solutions provider, proposes to open its Initial Public Offering on Sept 30, 2025, aiming to raise ₹ 1,683.60 Lakhs with shares to be listed on the SME Platform of BSE Limited.

The issue size is 36,60,000 equity shares with a face value of ₹ 2 each with an IPO price of ₹ 46 Per Share.

Equity Share Allocation

– Individual Investors – 17,46,000 Equity Shares

– Other Investor – 17,28,000 Equity Shares

– Market Maker – 1,86,000 Equity Shares

The net proceeds from the IPO will be utilized for Purchase of Flatbed Trailers, Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company, meet the working capital requirement and General Corporate Purpose. The issue will open on Tuesday, Sept 30, 2025 and will close on Friday, Oct 3, 2025.

The Lead Manager to the Issue is Nirbhay Capital Services Private Limited, and the Registrar is Kfin Technologies Limited.

Mr. Akash A Shah, Chairman and Managing Director of Sunsky Logistics Limited expressed, “At Sunsky Logistics Limited, we have consistently worked towards providing seamless and integrated logistics solutions that cover the entire supply chain, from origin to destination. With expertise in freight forwarding, customs clearance, inland transportation, and project cargo handling, we have built a robust global presence supported by key certifications and long-standing industry partnerships.

The funds raised will enhance our operational capabilities, strengthen service delivery, and position us to capture new opportunities in the rapidly evolving logistics sector, thereby driving sustainable growth for the company.”

(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Inkhabar webdesk

Recent Posts

BRIEF-Kernel Holding FY Net Profit $238 Million

Oct 3 (Reuters) - Kernel Holding SA: * FY NET PROFIT $238 MILLION * FY…

49 seconds ago

Social media star cyclist Fontenoy breaks world record cycling up Eiffel Tower

VIDEO SHOWS: MOUNTAIN BIKER AURELIEN FONTENOY CYLCING UP EIFFEL TOWER STAIRS, UP TO SECOND FLOOR…

1 minute ago

Wall St hits intraday records as AI boost, cooling job market firm rate-cut bets

By Niket Nishant and Sukriti Gupta (Reuters) -Wall Street's main indexes hit record intraday highs…

5 minutes ago

Exclusive-Amazon loses devices VP and member of elite CEO advisory just days after launches

By Greg Bensinger SAN FRANCISCO (Reuters) -Just days after putting on its annual devices and…

7 minutes ago

Taylor Swift's 'Life of a Showgirl' presents pop phenomenon at the peak of her power

By Dawn Chmielewski LOS ANGELES, October 3 (Reuters) -Superstar Taylor Swift's 12th studio album, "The…

13 minutes ago

UFC 320: Ankalaev heavily-backed favorite to beat Pereira

Alex Pereira will receive what could very well be the final chance in his storied…

15 minutes ago