Global Ocean Logistics India Ltd. (BSE SME)

IPO Details

Key Performance Indicators

Financial Details (In Crores)

Peer Comparision (Valuation)

Peer Comparision (Financial Performance)

Company Overview

Incorporated in January 2021, Global Ocean Logistics is a multimodal freight forwarding and logistics provider offering ocean, air, road/rail transport, CFS handling, and custom clearance services.

Operates through leading Indian ports such as Nhava Sheva, Hazira, Tumb, Mundra, Chennai, and Pune, with a presence across 23+ states and Union Territories.

Served 263 global ports and handled 24,782 shipments and 73,052 TEUs between FY 2023–2025, demonstrating strong international reach.

Has processed 24,000+ Bills of Lading across various countries as of March 31, 2025.

Specialises in supporting importers sourcing from major regions including Europe, USA, South Africa, China, Southeast Asia, and the Gulf, backed by a global network of agency partners.

As of May 31, 2025, the company has an in-house team of 55 personnel managing operations and client relationships.

IPO proceeds will be used for working capital requirements (₹21.27 cr) and general corporate purposes.

Strength

Diverse customer base with long-standing relationships – Serves clients across multiple industries, ensuring stable and recurring business.

Asset-light operating model – Allows flexible scaling, cost efficiency, and reduced capital risk across freight categories.

End-to-end multimodal service range – Ocean and air freight, transport, CFS, and custom clearance improve supply chain visibility, speed, and cost efficiency for clients.

Weakness

Dependence on third-party service providers – Any delay or failure by shipping lines, transporters, or CFS operators can disrupt operations and harm client relationships.

Business sourcing risk – If the company cannot acquire new clients or expand volumes, growth targets and financial objectives may not be met.

High customer concentration – Top 10 customers contribute 36–44% of revenue; loss of any major client may significantly impact revenue and profitability.