The counter hit a high of Rs 100.80 and a low of Rs 95.80. About 27,000 shares of the company changed hands at the counter.

Neptune Logitek's IPO was subscribed 1.57 times. The issue opened for bidding on 15 December 2025 and it closed on 17 December 2025. The price of the IPO was fixed at Rs 126 per share.

The IPO comprised fresh issue of 37,00,000 equity shares. The promoter and promoter shareholding diluted to 72.99% from 99.99% pre-IPO.

The company intends to utilize the net proceeds for funding capital expenditure requirement of company towards purchase of trucks (vehicles) and ancillary equipment (equipment), for repayment of loan and for general corporate purpose.

Neptune Logitek is an integrated logistics player offering end to end transportation and supply chain services across freight forwarding, customs clearance, air freight, multimodal coastal logistics, and road and rail transport. The company uses technology driven solutions such as GPS enabled fleet management, real time vehicle tracking and automated engine monitoring to improve efficiency, safety and fleet utilisation. As of 31 March 2025, it operated a fleet of 199 vehicles through its own and partner operators, supported by 9 branch offices nationwide, and also runs a captive petrol pump with a 60 kilolitre fuel storage capacity to ensure better fuel control and uninterrupted operations. As on 31 August 2025, the company had 96 employees on the roll.

The company recorded revenue from operations of Rs 104.89 crore and net profit of Rs 4.01 crore for the period ended 31 August 2025.