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Neptune Logitek Shares List At 26% Discount, IPO Investors Suffer Nearly Rs 30,000 Losses
Mumbai: Shares of Neptune Logitek made a weak debut on the BSE SME platform on Monday, listing at a steep discount to the IPO price and causing losses to investors.
The stock opened at Rs 100 per share, which was 26 per cent lower than the IPO issue price of Rs 126.
Soon after listing, selling pressure continued and Neptune Logitek share price slipped further by over 5 per cent to Rs 95.80 apiece during the intra-day session.
This meant that investors who received allotment in the IPO saw their investment value fall sharply on the very first day of trading.
The company’s IPO had a lot size of 1,000 shares. Based on the opening price of Rs 100 against the issue price of Rs 126, investors lost about Rs 26,000 per lot at listing.
With the stock falling further to Rs 95.80, the loss increased to nearly Rs 30,200 per lot. The weak debut created a negative sentiment around the stock in the market.
Ahead of listing, the grey market premium (GMP) of the Neptune Logitek IPO was around zero, which had already signalled a muted debut for the shares.
Neptune Logitek’s IPO was priced at Rs 126 per share, valuing the company at around Rs 173 crore after the issue.
The public issue closed on December 17 and received an overall subscription of 1.61 times, driven mainly by interest from retail investors.
The IPO was a fixed-price issue worth Rs 46.62 crore and consisted entirely of a fresh issue of about 0.37 crore shares.
The company plans to use the IPO proceeds mainly for capital expenditure, including the purchase of additional trucks and related equipment.
A part of the funds will also be used for partial repayment of debt and for general corporate purposes.
Neptune Logitek is an integrated logistics solutions provider offering services such as freight forwarding, customs clearance, air cargo handling, road and rail transportation, and multimodal coastal forwarding.
The company follows an asset-heavy business model, with ownership of its fleet, supported by in-house maintenance facilities and a captive fuel setup.
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Gold price today (March 25, 2026): How much 24K and 22K gold cost in Delhi, Mumbai & more- Check rates – The Times of India
Gold futures traded higher on the Multi Commodity Exchange (MCX) on Friday with key contracts registering gains of up to 1.6 per cent amid firm buying interest and supportive global cues.The April 2026 gold contract rose by Rs 2,290, or 1.64 per cent, to trade at Rs 1,41,783 per 10 grams. The contract moved between an intraday low of Rs 1,40,287 and a high of Rs 1,42,800. The June 2026 contract, which saw higher trading activity, gained Rs 1,921, or 1.35 per cent, to Rs 1,44,435 per 10 grams. During the session, it touched a low of Rs 1,43,652 and a high of Rs 1,45,773. Meanwhile, the August 2026 contract advanced by Rs 1,480, or 1.02 per cent, to Rs 1,47,100 per 10 grams, with an intraday range of Rs 1,47,040 to Rs 1,48,600.Here is how gold prices stand across major cities today:
Gold price in Delhi today
Gold prices in the national capital declined, with 24K gold quoted at Rs 14,486 per gram, down Rs 218, while 22K gold slipped Rs 200 to Rs 13,280 per gram.
Gold price in Mumbai today
Mumbai bullion markets also saw a drop, with 24K gold priced at Rs 14,471 per gram, down Rs 218, and 22K gold at Rs 13,265 per gram, lower by Rs 200.
Gold price in Chennai today
Chennai recorded a sharper decline, with 24K gold selling at Rs 14,651 per gram, down Rs 262, while 22K gold dropped Rs 240 to Rs 13,430 per gram.
Gold price in Kolkata today
In Kolkata, 24K gold was quoted at Rs 14,471 per gram, down Rs 218, while 22K gold stood at Rs 13,265 per gram, lower by Rs 200.
Gold price in Hyderabad today
Hyderabad markets reflected a similar trend, with 24K gold priced at Rs 14,471 per gram, down Rs 218, and 22K gold at Rs 13,265 per gram, slipping Rs 200.
Gold price in Bangalore today
In Bangalore, 24K gold was quoted at Rs 14,471 per gram, down Rs 218, while 22K gold was selling at Rs 13,265 per gram, lower by Rs 200.
Gold price in Ahmedabad today
Ahmedabad bullion markets showed declines, with 24K gold at Rs 14,476 per gram, down Rs 218, while 22K gold fell Rs 200 to Rs 13,270 per gram.
Gold price in Lucknow today
In Lucknow, 24K gold was priced at Rs 14,486 per gram, down Rs 218, while 22K gold moved lower by Rs 200 to Rs 13,280 per gram.
Gold price in Patna today
Patna markets also recorded weaker rates, with 24K gold quoted at Rs 14,476 per gram, down Rs 218, and 22K gold at Rs 13,270 per gram, lower by Rs 200.
Gold price in Jaipur today
In Jaipur, 24K gold was quoted at Rs 14,486 per gram, down Rs 218, while 22K gold stood at Rs 13,280 per gram, down Rs 200.
A key survey indicates growing doubt among shoppers over prospects for the UK economy in the next year.
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Gold price today (March 25, 2026): How much 24K and 22K gold cost in Delhi, Mumbai & more- Check rates – The Times of India
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