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Sunsky Logistics to raise ₹17 crore via IPO
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > Sunsky Logistics Seeks ₹17 Crore Through Upcoming IPO Launch
Economy

Sunsky Logistics Seeks ₹17 Crore Through Upcoming IPO Launch

September 30, 2025 1 Min Read
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Sunsky Logistics is set to raise ₹17 crore through its initial public offering (IPO) on the SME platform of the Bombay Stock Exchange (BSE). The company plans to issue 36.60 lakh equity shares, priced at ₹46 each, with a minimum lot size of 3,000 shares.

The subscription period for the IPO is scheduled to commence on Tuesday. The net funds raised from the offering will be allocated towards acquiring Flatbed Trailers, reducing outstanding debt, fulfilling working capital needs, and covering general corporate expenses.

Nirbhay Capital Services will serve as the Lead Manager for the IPO, while Kfin Technologies has been appointed as the registrar.

Akash A Shah, Chairman and Managing Director of Sunsky Logistics, stated that the company offers comprehensive logistics solutions, including freight forwarding, customs clearance, inland transportation, and project cargo handling. He emphasized that Sunsky Logistics has established a strong global presence, bolstered by essential certifications and enduring industry partnerships.

According to Shah, the capital raised will bolster operational capabilities, enhance service delivery, and position the company to seize emerging opportunities in the fast-evolving logistics sector, contributing to sustained growth.

The report was published on September 29, 2025.

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