| Basis of Allotment |
| THIS IS A PUBLIC ANNOUNCEMENT FOR INFORMATION PURPOSES ONLY AND IS NOT A PROSPECTUS ANNOUNCEMENT. THIS DOES NOT CONSTITUTE AN INVITATION OR OFFER TO ACQUIRE, PURCHASE OR SUBSCRIBE TO SECURITIES. |
| THIS PUBLIC ANNOUNCEMENT IS NOT INTENDED FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY OUTSIDE INDIA |
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| GLOBAL OCEAN LOGISTICS INDIA LIMITED |
| (Formerly known as Global Ocean Logistics India Private Limited) |
| CIN: U60300MH2021PLC353158 |
Our Company was originally incorporated and registered as a Private Limited Company under Companies Act, 2013 under the name and style of "Global Ocean Logistics India Private Limited" vide certificate of incorporation dated January 08, 2021 bearing Corporate Identification Number U60300MH2021PTC353158 issued by the Registrar of Companies, Central Registration Centre. Further, pursuant to a resolution of our Board dated September 14, 2024 and a resolution of our shareholders dated October 23, 2024 our Company was converted into a public limited company under the Companies Act, 2013 and consequently the name of our company was changed to Global Ocean Logistics India Limited', and a fresh certificate of incorporation dated December 26, 2024 issued by Registrar of Companies, Central Registration Centre bearing CIN- U60300MH2021PLC353158. For details pertaining to the changes of name of our company and change in registered office please refer to the chapter titled History and Corporate Structure' on page no. 144 of this Prospectus.
| Registered Office: C-101, Business Square, Andheri Kurla Road, Andheri-East, Mumbai City, Mumbai - 400 093, Maharashtra, India Tel No: +91 (22) 4877 8888; E-mail: cs@globalocean.in; Website: www.globalocean.in Contact Person: Shweta Sarraf (Company Secretary and Compliance officer) |
| THE PROMOTERS OF OUR COMPANY ARE NIRAJ NANDKISHOR NARSARIA AND ANAND MEHTA |
| THE ISSUE IS BEING MADE IN ACCORDANCE WITH CHAPTER IX OF THE SEBI ICDR REGULATIONS (IPO OF SMALL AND MEDIUM ENTERPRISES) AND THE EQUITY SHARES ARE PROPOSED TO BE LISTED ON THE SME PLATFORM OF BSE LIMITED ("BSE SME"). |
| "Our Company has filed the Prospectus dated December 20, 2025 with RoC, and the Equity shares are proposed to be listed on the SME Platform of BSE LIMITED ("BSE SME") and the trading will commence on December 24, 2025 |
| BASIS OF ALLOTMENT |
INITIAL PUBLIC OFFER OF UPTO 38,99,200 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH ("EQUITY SHARES") OF GLOBAL OCEAN LOGISTICS INDIA LIMITED ("OUR COMPANY" OR "THE ISSUER") AT AN ISSUE PRICE OF RS. 78 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS. 68 PER EQUITY SHARE) FOR CASH, AGGREGATING UP TO RS. 3041.38 LAKHS ("PUBLIC ISSUE") OUT OF WHICH 1,95,200 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH, AT AN ISSUE PRICE OF RS. 78 PER EQUITY SHARE FOR CASH, AGGREGATING RS. 152.26 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY THE MARKET MAKER TO THE ISSUE (THE "MARKET MAKER RESERVATION PORTION"). THE PUBLIC ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 37,04,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH, AT AN ISSUE PRICE OF RS. 78 PER EQUITY SHARE FOR CASH, AGGREGATING UP TO RS. 2,889.12 LAKHS IS HEREINAFTER REFERRED TO AS THE "NET ISSUE". THE PUBLIC ISSUE AND NET ISSUE WILL CONSTITUTE 27.00 % AND 25.65 % RESPECTIVELY OF THE POST- ISSUE PAID- UP EQUITY SHARE CAPITAL OF OUR COMPANY.
THE FACE VALUE OF EQUITY SHARES IS RS. 10 EACH. THE ISSUE PRICE IS 7.8 TIMES OF THE FACE VALUE.
DETAILS OF THE SELLING SHAREHOLDERS, OFFER FOR SALE AND WEIGHTED AVERAGE COST OF ACQUISITION: NOT APPLICABLE.
| ANCHOR INVESTOR ISSUE PRICE: RS. 78 PER EQUITY SHARE OF RS. 10 EACH |
| ISSUE PRICE: RS. 78 PER EQUITY SHARE OF RS. 10 EACH THE ISSUE PRICE IS 7.8 TIMES OF THE FACE VALUE |
| RISKS TO INVESTORS: |
| For details, refer to section titled "Risk Factors" on page 30 of the Prospectus. |
1. We are mainly dependent on third party service providers to effectively carry out our logistics operations. Any deficiency/delay in services provided by them or failure to maintain relationships with them could result in disruption in our operations, which could have an adverse effect on our business, financial condition, results of operations and cash flows.
2. If we are unable to source business opportunities effectively, we may not achieve our financial objectives.
3. Our top ten customers contribute about representing 48.55%, 42.21%, 44.43% and 36.53% of our revenues for period ended September 30, 2025, Fiscal 2025, 2024 and 2023. Any loss of business from one or more of them may adversely affect our revenues and profitability.
4. We depend significantly on our clients from different industries and are highly dependent on the performance of their industry. A loss of, or a significant decrease in their business could adversely affect our business and profitability.
5. We typically do not have long term agreements with our customers. If our customers choose not to source their requirements from us, there may be a material adverse effect on our business, financial condition, cash flows and results of operations.
6. We are exposed to the risk of delays or bad debts by our clients and other counterparties, which may also result in cash flow mismatches.
7. We generate a substantial portion of revenue from Maharashtra and Gujarat. Any adverse developments affecting our operations in the Maharashtra and Gujarat could have an adverse impact on our revenue and results of operations
8. Our Company is currently operating through an asset-light business model and accordingly our freight forwarding business depends upon a network of partners to fulfill logistics needs. Disruptions in this network may adversely affect customer satisfaction and business.
9. Majority of our freight forwarding business is dependent on ocean freight services, any adverse impact on the ocean transportation services may have an adverse effect on our results of operations and financial condition.
10. Our net cash flows from operating activities have been negative in some years in the past. Any negative cash flow in the future may affect our liquidity and financial condition.
The Merchant Banker associated with the Issue has handled 7 public issues out of which 5 were closed above the issue price on listing date.
| Particulars | Numbers of issues/Offer Handled | Issue closed below issue price on listing date |
| SME | 7 | 2 |
11. Average cost of acquisition of Equity Shares held by the Promoters is mentioned below:
| Sr. No. | Name of Promoters | No. of Equity Shares held | Average Cost of Acquisition per equity share (in Rs.) |
| 1. | Niraj Nandkishor Narsaria | 53,55,787 | 3.17 |
| 2. | Anand Mehta | 31,62,927 | Nil |
12.Weighted Average cost of acquisition compared to floor price and cap price:
Since there is an eligible transaction of our Company reported in primary transactions in accordance with paragraph (9)(K)(4)(b) of the SEBI ICDR Regulations, the price per Equity Share of our Company based on the last five primary or secondary transactions in Equity Shares (secondary transactions where the Promoters/Promoter Group entities. Selling Shareholders or Shareholders having the right to nominate director on the Board are a party to the transaction) not older than 3 years prior to the date of filing of this Prospectus has not been computed.
| Types of transactions | Weighted average cost of acquisition (Rs. per Equity Share) | Floor Price (Rs. 74/-) Times of the Weighted average cost of acquisition | Cap Price (Rs. 78/-) Times of the Weighted average cost of acquisition |
| Weighted average cost of acquisition of primary issuances | 230 | 0.32 | 0.34 |
| Weighted average cost of acquisition for secondary transactions | NA* | NA* | NA* |
There were no secondary sales/acquisition of shares of shares (equity/convertible securities) transactions in last 18 months prior to the date of the Red Herring Prospectus, where either acquisition or sale is equal to or more than five per cent of the fully diluted paid-up share capital of the Company (calculated based on the pre-issue capital before such transaction/s and excluding employee stock options granted but not vested), in a single transaction or multiple transactions combined together over a span of rolling 30 days.
Weighted average cost of acquisition for all Equity Shares transacted in One year, 18 months and Three years preceding the date of this Prospectus
The weighted average price for all Equity Shares acquired by the Promoters, members of the Promoter Group, and other shareholders with rights to nominate Directors or any other rights the last one year, 18 months and three years preceding the date of this Prospectus is as set out below:
| Period | Weighted average cost of acquisition (in Rs.) | Cap Price is 'X' times the Weighted Average Cost of Acquisition* | Range of acquisition price: Lowest Price - Highest Price (in Rs.) |
| Last one year | 2.48 | 31.45 | Nil^ -230 |
| Last 18 months | 2.48 | 31.45 | Nil^ -230 |
| Last three years | 2.48 | 31.45 | Nil^ -230 |
*As certified by J S Bhalja and Co., Chartered Accountants pursuant to their certificate dated December 11, 2025
^ NIL is for allotment pursuant to Bonus issue or acquisition pursuant to gift deed.
PROPOSED LISTING: WEDNESDAY, DECEMBER 24, 2025 (Subject to receipt of Listing and Trading approval from the BSE)
The Issue is being made through the Book Building Process, in terms of Rule 19(2)(b)(i) of the Securities Contracts (Regulation) Rules, 1957, as amended ("SCRR") read with Regulation 253 of the SEBI ICDR Regulations, as amended, wherein not more than 50% of the Net Issue shall be allocated on a proportionate basis to Qualified Institutional Buyers ("QIBs", the "QIB Portion"), provided that our Company may, in consultation with the Book Running Lead Manager, allocate up to 60% of the QIB Portion to Anchor Investors on a discretionary basis in accordance with the SEBI ICOR Regulations ("Anchor Investor Portion"), of which forty per cent of the anchor investor portion, shall be reserved as under - (i) 33.33 per cent for domestic mutual funds; and (ii) 6.67 per cent for life insurance companies and pension funds: Any under-subscription in the reserved category specified in clause (ii) above may be allocated to domestic mutual funds. In the event of under-subscription, or non-allocation in the Anchor Investor Portion, the balance Equity Shares shall be added to the Net QIB Portion. Further, 5% of the Net QIB Portion shall be available for allocation on a proportionate basis only to Mutual Funds, and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to all QIBs, including Mutual Funds, subject to valid Bids being received at or above the Issue Price. However, if the aggregate demand from Mutual Funds is less than 5% of the Net QIB Portion, the balance Equity Shares available for allocation in the Mutual Fund Portion will be added to the remaining Net QIB Portion for proportionate allocation to QIBs. Further, not less than 15% of the Net Issue shall be available for allocation on a proportionate basis to Non-Institutional Bidders out of which (a) one third of such portion was reserved for applicants with application size of more than 2 lots and up to such lots equivalent to not more than Rs. 10,00,000 and (b) two-third of such portion was reserved for applicants with application size of more than Rs. 10,00,000 provided that the unsubscribed portion in either of such subcategories could have been allocated to applicants in the other sub-category of Non-Institutional Bidders and not less than 35% of the Net Issue shall be available for allocation to Individual Bidders in accordance with the SEBI ICDR Regulations, subject to valid Bids being received at or above the Issue Price. All potential Bidders (except Anchor Investors) are required to maodatorily utilize the Application Supported by Blocked Amount ("ASBA") process providing details of their respective ASBA accounts, and UPI ID in case of IBs using the UPI Mechanism, if applicable, in which the corresponding Bid Amounts will be blocked by the SCSBs or by the Sponsor Bank under the UPI Mechanism, as the case may be, to the extent of respective Bid Amounts. Anchor Investors are not permitted to participate in the Issue through the ASBA process. For details, see "Issue Procedure" beginning on page 254 of this Prospectus, the words "retail individual investors" shall be read as words "individual investors who applies for minimum application size".
The investors are advised to refer to the Prospectus dated December 20, 2025 for the full text of the disclaimer clause pertaining to BSE. The trading is proposed to be commenced on Wednesday, December 24, 2025.
Weighted Average Return on Networth (RoNW) of the Issuer
Return on Net worth (RoNW) As per Restated Financial Statements
| Particulars | RONW (%) | Weights |
| For the period ended September 30, 2025 | 20.71% | |
| Fiscal 2025 | 39.19% | 3 |
| Fiscal 2024 | 30.72% | 2 |
| Fiscal 2023 | 64.42% | 1 |
| Weighted Average | 40.57% |
Note: The RONW has been computed by dividing net profit after tax (as restated), by Net worth (as restated) as at the end of the year.
| BID/ ISSUE PERIOD | ANCHOR INVESTOR BIDDING DATE WAS: TUESDAY, DECEMBER 16, 2025 |
| BID/ISSUE OPENED ON: WEDNESDAY, DECEMBER 17, 2025 | |
| BID/ISSUE CLOSED ON: FRIDAY, DECEMBER 19, 2025 | |
| SUBSCRIPTION DETAILS | |
The bidding for Anchor investors was opened and closed on Tuesday, December 16, 2025. The Company received a total of 6 Anchor Investor Application Forms from 6 Anchor Investors for 15,45,600 Equity Shares and the aggregate amount collected from applications made by such Anchor Investors was Rs. 1,205.57 Lakhs. Out of the total 6 Anchor Investors, a total of 11,08,800 Equity Shares were allocated under the Anchor Investor Portion at Rs. 78/- per Equity Share (including a share premium of Rs. 68/- per Equity Share) aggregating to Rs. 864.86 Lakhs. The Issue was subscribed to the extent of 12.8096 times (excluding Anchor Portion) as per the bid book of BSE After removing multiple and duplicate bids, Cancelled bids or withdrawal bids, RC10 and Other than RC10, application bid not registered and rejections cases from the "Bid Book", the Issue was subscribed 12.6456 times (excluding Anchor Allocations).
The Issue (excluding Anchor Investor Portion) received 6,226 valid applications for 35,744,000 Equity Shares (after considering invalid bids - Multiple/Duplicate. Cancelled/withdrawal/duplicate application, RC10 - Mandate approval pending with investor and Bid Not Registered before considering rejections) resulting in 12.81 times subscription including reserved portion for market maker and excluding anchor investor portion). The details of applications received in the issue from various categories are as under (before rejections):
| SR NO | CATEGORY | Gross | Less: Rejections | Valid | Shares Allotted | Subscription | |||
| NO OF APPLICATION | NO OF SHARES (A) | NO OF APPLICATION | NO OF SHARES | NO OF APPLICATION | NO OF SHARES | NO OF SHARES | No. of Times | ||
| (B) | (A/B) | ||||||||
| 1 | Qualified Institutional Buyers (Excluding Anchor Portion) | 3 | 3,523,200 | 0 | 0 | 3 | 3,523,200 | 739,200 | 4.77 |
| 2 | Non-Institutional Investors- above Upto Rs. 10 Lakhs | 566 | 2,843,200 | 3 | 16,000 | 563 | 2,827,200 | 185,600 | 15.23 |
| 3 | Non Institutional Investors -Above Rs. 10 Lakhs | 800 | 13,641,600 | 4 | 59,200 | 796 | 13,582,400 | 371,200 | 36.59 |
| 4 | Individual Investors | 4,856 | 15,540,800 | 119 | 382,400 | 4,737 | 15,158,400 | 1,299,200 | 11.67 |
| 5 | Market Maker | 1 | 195,200 | 0 | 0 | 1 | 195,200 | 195,200 | 1.00 |
| Total | 6,226 | 35,744,000 | 126 | 457,600 | 6,100 | 35,286,400 | 2,790,400 | 12.81 | |
Final Demand
A summary of the final demand as per BSE as on the Bid/Issue Closing Date at different Bid Prices is as under:
| SR NO | RATE | SHARES | % to TOTAL | CUMULATIVE TOTAL | CUMULATIVE % TO TOTAL |
| 1 | 74 | 361,600 | 0.73 | 361,600 | 0.73 |
| 2 | 75 | 83,200 | 0.17 | 444,800 | 0.90 |
| 3 | 76 | 38,400 | 0.08 | 483,200 | 0.97 |
| 4 | 77 | 76,800 | 0.15 | 560,000 | 1.13 |
| 5 | 78 | 49,064,000 | 98.87 | 49,624,000 | 100.00 |
| Total | 49,624,000 | 100.00 |
The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE on December 22, 2025.
1) Allocation to Individual Investors (After Rejections): The Basis of Allotment to the individual Investors, who have bid at or above the Issue Price of Rs. 78/- per equity shares, was finalized in consultation with BSE. The category was subscribed by 11.66749 times i.e. for 15,158,400 Equity Shares. Total number of shares allotted in this category is 1,299,200 Equity Shares to 406 successful applicants. The category wise details of the Basis of Allotment as under:
| Sr. No. | No. of Shares applied for (Category wise) | Number of applications received | % to total | Total No. of Shares applied in each category | % to total | Proportionate shares available | Allocation per Application | Ratio of allottees to applicants | Number of successful applicants (alter rounding | % to total | No. of Shares applied for (Category wise) | % to total | Surplus/ Deficit (7)-(14) | |
| Before rounding off | After rounding off | |||||||||||||
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) | (10) | (12) | (13) | (14) | (15) | (16) |
| 1 | 3,200 | 4,737 | 100.00 | 15,158,400 | 100.00 | 1,299,200 | 274.27 | 3,200 | 406 | 4,737 | 406 | 100.00 | 1,299,200 | 100,000 |
2) Allocation to Non-Institutional Investors (After Rejections): The Basis of Allotment to Non-Institutional Investors, who have bid at Issue Price of Rs. 78/- per equity shares or above, was finalized in consultation with BSE. The category was subscribed by 29.47126 times i.e.; for 16,409,600 Equity Shares. The total number of shares allotted in this category is 556,800 Equity Shares to 115 successful applicants. The category wise details of the Basis of Allotment are as under:
Up to 10 Lakhs
| Sr No | No of Shares Applied for (Category wise) | No. of Applications Received | % to Total | Total No. Of Equity Shares Applied | % to Total | No. of Equity Shares Allotted Per Bidder | Ratio | Number of successful applicants (after rounding) | % to total | Total No. of shares allocated/ allotted | % to total | Surplus/Deficit (14)-(7) | |
| 1 | 4800 | 503 | 89.34 | 2414400 | 85.40 | 4800 | 34 | 503 | 34 | 89.47 | 163200 | 87.93 | -2620 |
| 2 | 6400 | 52 | 9.24 | 332800 | 11.77 | 4800 | 4 | 52 | 4 | 10.53 | 19200 | 10.34 | 2058 |
| 3 | 8000 | 4 | 0.71 | 32000 | 1.13 | 4800 | 0 | 4 | 0 | 0.00 | 0 | 0.00 | -1319 |
| 4 | 9600 | 1 | 0.18 | 9600 | 0.34 | 4800 | 0 | 1 | 0 | 0.00 | 0 | 0.00 | -330 |
| 5 | 12800 | 3 | 0.53 | 38400 | 1.36 | 4800 | 0 | 3 | 0 | 0.00 | 0 | 0.00 | -989 |
| 6 | 6400 to 12800 | 0 | 0.00 | 0 | 0.00 | 1600 | 2 | 4 | 2 | 5.26 | 3200 | 1.72 | 3200 |
| Total | 563 | 100.00 | 2,827,200 | 100.00 | 38 | 100.00 | 185,600 | 100.00 | 0 | ||||
Please Note: 1 (One) lot of 1600shares have been allocated to all the 4 successful allottees from Categories 6400 to 12800in the ratio of 2:4.
More than 10 Lakhs
| Sr No | No. of Shares Applied for (Category wise) | No. of Applications Received | % to Total | Total No. of Equity Shares Applied | % to Total | No. of Equity Shares Allotted Per Bidder | Ratio | Number of successful applicants (after rounding) | % to total | Total No. of shares allocated/ allotted | % to total | Surplus/Deficit (14)-(7) | |
| 1 | 14400 | 763 | 95.85 | 10987200 | 80.89 | 4800 | 74 | 763 | 74 | 96.10 | 355,200 | 95.69 | -611 |
| 2 | 16000 | 19 | 2.39 | 304000 | 2.24 | 4800 | 2 | 19 | 2 | 2.60 | 9,600 | 2.59 | 740 |
| 3 | 17600 | 2 | 0.25 | 35200 | 0.26 | 4800 | 0 | 2 | 0 | 0.00 | 0 | 0.00 | -933 |
| 4 | 19200 | 2 | 0.25 | 38400 | 0.28 | 4800 | 0 | 2 | 0 | 0.00 | 0 | 0.00 | -933 |
| 5 | 40000 | 3 | 0.38 | 120000 | 0.88 | 4800 | 0 | 3 | 0 | 0.00 | 0 | 0.00 | -1399 |
| 6 | 48000 | 1 | 0.13 | 48000 | 0.35 | 4800 | 0 | 1 | 0 | 0.00 | 0 | 0.00 | -466 |
| 7 | 128000 | 4 | 0.50 | 512000 | 3.77 | 4800 | 0 | 4 | 0 | 0.00 | 0 | 0.00 | -1865 |
| 8 | 768000 | 1 | 0.13 | 768000 | 5.65 | 4800 | 0 | 1 | 0 | 0.00 | 0 | 0.00 | -466 |
| 9 | 769600 | 1 | 0.13 | 769600 | 5.67 | 4800 | 0 | 1 | 0 | 0.00 | 0 | 0.00 | -466 |
| 10 | Non Allottees | 0 | 0.00 | 0 | 0.00 | 4800 | 1 | 14 | 1 | 1.30 | 4,800 | 1.29 | 4800 |
| 11 | All Allottees | 0 | 0.00 | 0 | 0.00 | 1600 | 1 | 77 | 1 | 1.30 | 1,600 | 0.43 | 1600 |
| TOTAL | 796 | 100.00 | 13,582,400 | 100.00 | 77 | 100.00 | 371,200 | 100.00 | 0 | ||||
Please Note: 1 (One) lot of 4800 shares have been allocated to all the 14 Non Allottees Applicants in Categories (17600 to 769600) with ZERO/NO Allotment in the ratio of 1:14
Please Note: 1 (One) lot of 1600 shares have been allocated to all the Successful allottees from all the Categories in the ratio of 1:77
3) Allocation to QIBs excluding Anchor Investors (After Rejections): The Basis of Allotment to QIBs, who have bid at Issue Price of Rs. 78/- per Equity Shares or above, was finalized in consultation with BSE. The category was subscribed by 4.76623 times i.e. for 3,523,200 Equity shares. The total number of shares allotted in this category is 739,200 Equity Shares to 3 successful applicants. The category wise details of the Basis of Allotment are as under:
| Category | FIs/Banks | MF'S | IC'S | NBFC'S | AIF | FPI/FII | Others | Total |
| Allotment | - | - | - | - | - | 185,600 | 553,600 | 739,200 |
4) Allocation to Anchor Investors (After Rejections): The Company in consultation with the BRLM has allotted 11,08,800 Equity Shares to 6 Anchor Investors at Anchor Investor Issue Price of Rs. 78/- per Equity Shares in accordance with the SEBI ICDR Regulations. The category wise details of the Basis of Allotment are as under:
| Category | FIS/Banks | MF'S | IC'S | NBFC'S | AIF | FPI/FII | Others | Total |
| Anchor | - | - | - | 657,600 | 192,000 | 259,200 | - | 1,108,800 |
5) Allocation to Market Maker (After Rejections): The Basis of Allotment to Market Maker who have bid at Issue Price of Rs. 78/- per Equity Shares or above, was finalized in consultation with BSE. The category was subscribed by 1.00000 time i.e.; for 195,200 Equity shares. The total number of shares allotted in this category is 195,200 Equity Shares. The category wise details of the Basis of Allotment are as under:
| No. of Shares Applied for (Category wise) | No. of Applications received | % to total | Total No. of Equity Shares applied in this Category | % to total | No. of Equity Shares allocated/ allotted per Applicant | Ratio | Total Number of shares allotted per Applicant | Surplus/Deficit |
| 195200 | 1 | 100.00 | 195200 | 100.00 | 195200 | 1:1 | 195200 | 0 |
| TOTAL | 1 | 100.00 | 195,200 | 100.00 | 195,200 | 0 |
The Board of Directors of the Company at its meeting held on Monday, December 22, 2025 has approved the Basis of Allocation of Equity Shares as approved by the Designated Stock Exchange viz. BSE and has authorized the corporate action for issue of the Equity Shares to various successful applicants. The Allotment Advice Cum Refund Intimation will be dispatched to the address of the investors as registered with the depositories. Further, instructions to the SCSBs have been dispatched mailed for unlocking of funds and transfer to the public issue Account on or before Tuesday, December 23, 2025. In case the same is not received within ten days, Investors may contact the registrar to the issue at the address given below. The Equity Shares allotted to the successful allottees shall be uploaded on Tuesday, December 23, 2025 for credit in to the respective beneficiary accounts subject to validation of the account details with the depositories concerned. The Company is in the process of obtaining the Listing and Trading approval from BSE and the trading of Equity shares is expected to commence on Wednesday, December 24, 2025.
Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the prospectus dated December 20, 2025 filed with the Registrar of companies Mumbai at Maharashtra ("RoC").
NOTICE TO INVESTORS
Corrigendum to RHP dated December 10, 2025
In chapter Restated Financial Statement on page no 166 under Independent Auditors' Examination Report on Restated Financial Statements the date of Meeting of Board of Directors shall be read as "04/11/2025" instead of "04/07/2025" and "Draft Red Herring Prospectus" shall be read as "Red Herring Prospectus".
In chapter Restated Financial Statement on page no 176 under Note 7.1, "The Information required to be disclosed under MSMED Act, 2006" table has been added.
| INVESTORS PLEASE NOTE |
The details of the allotment made would also be hosted on the website of the Registrar to the issue, Kfin Technologies Limited at www.kfintech.com. All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/ Sole Bidder Serial number of the ASBA form, number of Equity Shares bid for, Bidder DP ID, Client ID, PAN, date of submission of the Bid cum Application Form, address of the Bidder, the name and address of the Designated Intermediary where the Bid cum Application Form was submitted by the Bidder and copy of the Acknowledgment Slip received from the Designated Intermediary and payment details at the address given below:
| KFINTECHNOLOGIES LIMITED: Address: 301, The Centrium, 3rd Floor, 57, Lal Bahadur Shastri Road, Nav Pada, Kurla (West), Kurla, Mumbai-400070, Maharashtra, India | |
| Contact Person: M. Murali Krishna Tel: + 91-40-67162222/18003094001 Email: globalocean.ipo@kfintech.com Investor grievance e-mail: einward.ris@kfintech.com | |
| Website: www.kfintech.com SEBI registration number: INR000000221 | |
| On behalf of Board of Directors | |
| For, Global Ocean Logistics India Limited | |
| Sd/- | |
| Niraj Nandkishor Narsaria | |
| Place: Mumbai | Chairman & Managing Director |
| Date: December 23, 2025 | DIN: 07014082 |
THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF GLOBAL OCEAN LOGISTICS INDIA LIMITED.
Disclaimer: Global Ocean Logistics India Limited is proposing, subject to market conditions, public issue of its equity snares and had filed the Prospectus with the Registrar of Companies, Mumbai at Maharashtra. The Prospectus is available on the website of SEBI at www.sebi.gov.in, the website of the Book Running Lead Manager at www.ib.marwadichandaranagroup.com, website of the BSE at www.bseindia.com and website of Issuer Company at www.globalocean.in; Investors should note that investment in Equity Shares involves a high degree of risk. For details, investors shall refer to and rely on the Prospectus including the section titled "Risk Factors" beginning on page 30 of the Prospectus, which has been filed with ROC. The Equity Shares have not been and will not be registered under the US Securities Act (the "Securities Act") or any state securities law in United States and may not be issued or sold within the United States or to, or for the account or benefit of, "U.S. persons" (as defined in the Regulation S under the Securities Act), except pursuant to an exemption from, or in a transaction not subject to the registration requirements of the Securities Act of 1933
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