Neptune Logitek Limited is an integrated logistics solutions provider with over 13 years of operating experience. The company offers end-to-end logistics services across air, road, rail, and coastal transportation. It earns revenue through freight forwarding, customs clearance, courier services, multimodal transportation, and technology-driven supply chain solutions, serving customers across India through its head office and branch network.

Key Clients & Infrastructure
The company caters to clients across manufacturing, trading, and import-export segments, including SMEs and large enterprises requiring domestic and international logistics support. Neptune Logitek operates through its registered office at Gandhidham, Gujarat, supported by a head office and 9 branch locations across India. These facilities enable cargo handling, documentation, customs clearance, and multimodal coordination, ensuring efficient nationwide service delivery.

Product Portfolio & Order Book
Neptune Logitek’s service portfolio includes freight forwarding, customs brokerage, air freight, courier services, multimodal transport, and supply chain management solutions. These services span the entire logistics lifecycle of clients, from sourcing to final delivery. The company executes orders segment-wise based on client requirements, ensuring timely execution through integrated transport modes and technology-enabled tracking systems.

Mergers, Capex & Expansion Plans
The company has undergone a structural transition from a private to a public limited entity to support future growth. The IPO proceeds are primarily intended to strengthen working capital and support expansion initiatives. Management plans to scale operations, enhance branch presence, and invest in technology-driven logistics platforms to improve service efficiency and execution capability.

Employees & Banker
As on August 31, 2025 we have 96 employees. The Banker to the Company is HDFC Bank Limited.

Management & Growth Vision

The company is led by its Managing Director, Mr. Ankit Devidas Shah, supported by an experienced management team with deep domain knowledge in logistics and supply chain management. Management focuses on expanding the company’s pan-India footprint, improving operational efficiency, and strengthening technology adoption. Near-term growth is expected through increased cargo volumes, while long-term targets include scaling multimodal capabilities and building a sustainable logistics platform. Expansion and capex plans will be funded through IPO proceeds, internal accruals, and improved working capital cycles.

Industry Overview

Neptune Logitek operates in the Indian logistics and supply chain industry, a critical backbone of India’s economic growth. The Indian logistics market is valued at approximately USD 250–300 billion, contributing around 13–14% of India’s GDP, and is expected to grow at a CAGR of 8–10% over the medium term. Globally, the logistics industry exceeds USD 9 trillion, growing at 5–6% CAGR. Key Indian players include large integrated logistics providers, while global leaders dominate international freight and supply chain services. Growth is driven by rising trade volumes, infrastructure investments, and e-commerce expansion.

Key Risk Factors

1. Dependence on Trade Volumes
   The company’s performance is directly linked to domestic and international trade activity. Any slowdown in imports, exports, or industrial production could adversely impact cargo volumes and revenue growth.
2. Intense Industry Competition
   The logistics sector is highly competitive, with presence of large organized players and unorganized operators. Pricing pressure and service differentiation challenges may impact margins and market share.
3. Operational Execution Risk
   Delays in transportation, customs clearance, or multimodal coordination can affect service quality. Execution risk may lead to higher costs, customer dissatisfaction, or penalties.
4. Regulatory and Compliance Risk
   The logistics business is subject to multiple regulations, including customs, GST, and transport laws. Changes in regulatory frameworks or non-compliance could increase operational costs.
5. Working Capital Intensity
   Logistics operations require significant working capital for fuel, freight payments, and vendor settlements. Any mismatch in receivables and payables may strain liquidity.
6. Technology Dependence
   Increasing reliance on digital systems for tracking and coordination exposes the company to cybersecurity, system failure, or data management risks.

Key Strengths, Moat & Opportunities

1. Integrated Service Offering
   The company provides end-to-end logistics solutions across multiple transport modes, reducing dependency on any single service line and enhancing client retention.
2. Pan-India Network Presence
   With a head office and 9 branches across India, Neptune Logitek is well-positioned to serve diverse regional markets and support nationwide logistics requirements.
3. Experienced Management Team
   Promoter-led management with over a decade of industry experience ensures strong operational understanding and disciplined execution of growth strategies.
4. Technology-Driven Operations
   Use of technology-enabled logistics and supply chain solutions improves tracking, transparency, and efficiency, creating operational differentiation.
5. Growing Logistics Demand
   Rising manufacturing activity, infrastructure development, and e-commerce growth provide strong demand tailwinds for organized logistics service providers.
6. Scalable Business Model
   The asset-light and service-oriented model allows the company to scale operations with controlled capital investment, supporting sustainable long-term growth.