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Jayesh Logistics sets IPO price band at ₹116 – ₹122 per share; opens Oct 25
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Jayesh Logistics set IPO price band at ₹116 – ₹122 for its ₹680 crore issue opening Oct 25, funding warehouse and EV expansion amid robust logistics sector growth.
Jayesh Logistics Ltd announced its IPO price band of ₹116 – ₹122 per share for its ₹680 crore issue opening on October 25 and closing October 28. The company plans to use proceeds to expand warehousing capacity and invest in EV-based delivery fleets. Jayesh Logistics serves clients in e-commerce and FMCG sectors with a network across 12 Indian states. Anchor investor allocation is scheduled for October 24. Analysts expect oversubscription given India’s logistics sector momentum and PLI-driven capex.