Yatayat Corporation files for IPO to fund expansion as surging road freight demand doubles the firm’s annual profits.
Logistics and transportation provider Yatayat Corporation India has submitted draft papers to Sebi for an initial public offering. The move comes as the road freight sector experiences a significant rise in demand across the country.
The proposed offering includes a fresh issue of 77 lakh equity shares and an offer for sale of 56 lakh shares by a promoter, bringing the total issue to 1.33 crore shares. The capital raised will primarily support working capital needs and general corporate objectives.
Specialising in road logistics, the firm focuses on Full Truck Load (FTL) services and point-to-point freight movement. Its operations are managed through a network of 34 branches and a warehouse spanning 12 states.
Financially, the company reported a revenue increase to £44.8 million (Rs 448.13 crore) in the 2025 financial year, up from £34.8 million (Rs 348.34 crore) in 2024. Profit after tax doubled to £3 million (Rs 30 crore) during the same period.
Unistone Capital is serving as the sole book-running lead manager for the issue.
SOURCE – TIMES OF INDIA
