Mumbai, Aug. 11 -- The scrip was listed at Rs 90.95, a premium of 21.27% compared with the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price.

The counter hit a high of Rs 95.49 and a low of Rs 90.95. About 5.26 lakh shares of the company changed hands at the counter.

BLT Logistics' IPO was subscribed 504.43 times. The issue opened for bidding on 4 August 2025 and it closed on 6 August 2025. The price of the IPO was fixed between Rs 71-75 per share.

The IPO comprised fresh issue of 12,96,000 equity shares. The promoter shareholding in the company diluted to 72.94% post-IPO from 99.95% pre-IPO.

The company intends to utilize the net proceeds for purchasing trucks and ancillar...