Understanding Shariah Compliance in IPOs and Stocks:
Investing wisely is essential for both financial growth and ethical alignment. For those interested in making investments that comply with Islamic law, understanding the Shariah status of Initial Public Offerings (IPOs) and stocks is crucial. This article aims to provide insights into the Shariah compliance of BLT Logistics Ltd, ensuring that your investment choices are not only profitable but also ethical.
Table of Contents
What is Shariah Compliance?
Shariah compliance refers to the adherence to Islamic law, which governs various aspects of life, including financial transactions. When it comes to investments, certain criteria must be met to ensure that they are permissible under Shariah law. For example, investments should avoid sectors related to alcohol, gambling, pork, and any form of interest (Riba), etc.
Analyzing BLT Logistics Ltd
Company Name: BLT Logistics Ltd
Industry: Transport Services
Listing At: BSE SME
Overview:
Established in 2011, BLT Logistics has become a significant player in the Indian logistics industry. The company’s headquarters are strategically located in New Delhi, allowing it to effectively serve a diverse clientele. With a robust pan-India operational network, BLT Logistics has successfully established its presence and influence within the sector. A key asset is its current fleet of 88 containerized vehicles, which enables the company to provide a wide range of logistics solutions and ensure the seamless transportation of goods throughout the country.
Shariah Status
The IPO is Non-Shariah Compliant, please see below image.
Additional Considerations:
When opting for Shariah-compliant investments, it is essential to regularly check the status in our App. This ensures that the evolving nature of businesses or other financial data does not compromise the compliance status of your investments.
IPO Timeline (Tentative Schedule)
| IPO Open Date | Fri, Aug 4, 2025 |
| IPO Close Date | Tue, Aug 6, 2025 |
| Tentative Allotment | Wed, Aug 7, 2025 |
| Initiation of Refunds | Thu, Aug 8, 2025 |
| Credit of Shares to Demat | Thu, Aug 8, 2025 |
| Tentative Listing Date | Fri, Aug 11, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 6, 2025 |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3,200 | ₹2,40,000 |
| Individual investors (Retail) (Max) | 2 | 3,200 | ₹2,40,000 |
| S-HNI (Min) | 3 | 4,800 | ₹3,60,000 |
| S-HNI (Max) | 8 | 12,800 | ₹9,60,000 |
| B-HNI (Min) | 9 | 14,400 | ₹10,80,000 |
Financials
While the financial summary for BLT Logistics Ltd. shows some growth, the figures suggest a performance that may not be as strong as desired. The company’s revenue increased by a modest 21%, and its profit after tax (PAT) saw a slight rise of 23% between the financial years ending March 31, 2024, and March 31, 2025. The data indicates marginal improvements across assets, total income, and net worth. However, the company also experienced a notable increase in total borrowing, which could be a cause for concern regarding its financial stability and future leverage. The reserves and surplus, while growing, remain relatively small in comparison to its total borrowing.
KPI
| KPI | Values |
|---|---|
| ROE | -30.88% |
| ROCE | 22.34% |
| Debt/Equity | 1.55 |
| RoNW | 43.73 |
| EBITDA Margin | 19.44% |
| Price to Book Value | 2.99 |
LINKS
Ready to invest in Shariah-compliant opportunities? Explore more at IslamicStock & consider opening a demat account from the below link!
- Open Demat Account:
- Visit our Website: www.IslamicStock.in
- Read our Blog: blog.islamicstock.in
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SEBI Disclaimer
Investing in IPOs involves risks. Please read the offer document carefully before investing. This article is for informational purposes only and does not constitute financial advice. Investors should consult their financial advisors before making any investment decisions.