Logistics penny stock under Rs 60: Company applied for the direct listing of its securities on the Main Board of NSE

DSIJ Intelligence-1 / 18 Jul 2025/ Categories: Multibaggers, Penny Stocks, Trending

Logistics penny stock under Rs 60: Company applied for the direct listing of its securities on the Main Board of NSE

The stock is up over 70 per cent from its 52-week low of Rs 31.99 per share and has given multibagger returns of over 1,400 per cent in 5 years.

Tiger Logistics (India) Limited has submitted an application on July 16, 2025, for direct listing of its securities on the Main Board of the National Stock Exchange of India Limited (NSE). This move, following up on their July 2, 2025 intimation, is a significant step for the company. It aims to boost market presence, increase share liquidity, and enhance visibility among a wider investor base. The listing is expected to strengthen investor confidence, create value for shareholders, and align with the company's long-term goals of sustainable growth and improved corporate governance.

About the Company

Tiger Logistics India Limited is a Bombay Stock Exchange-listed leading international logistics company and solutions provider, covering freight forwarding (air & ocean), defence & project logistics, transportation, and customs clearance. The company also launched its proprietary freight booking and management platform, “FreightJar”, in 2023 to bring accessibility to competitive freight rates for SMEs/MSMEs and seamlessness to the freight booking and management journey. With a strong presence across the world, Tiger Logistics boasts over 24 years of experience in the automotive, renewable energy, engineering goods, yarns & textiles, pharmaceutical, consumer durables, commodities, building materials, defence &aerospace and FMCG industries, among others.

DSIJ’s ‘Micro Marvel' service recommends micro-cap stocks with the potential to grow multifold in long run. If this interests you, do download the service details here.

According to Quarterly Results, the net sales increased by 23.5 per cent to Rs 114.50 crore and net profit increased by 59.8 per cent to Rs 6.44 crore in Q4FY25 compared to Q4FY24. Looking at the annual results, the net sales increased by 123.2 per cent to Rs 536.31 crore and net profit increased by 108.4 per cent to Rs 27.01 crore in FY25 compared to FY24.

In Q4FY25, FIIs bought 3,69,031 shares and increased their stake to 9.76 per cent compared to Q3FY25. The company have a market cap of over Rs 560 crore. The stock is up over 70 per cent from its 52-week low of Rs 31.99 per share and has given multibagger returns of over 1,400 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.