Logistic Stock Gets NSE Nod, To List 10.57 Cr Equity Shares From Sep 18; Shares Gain Over 18%

A significant turning point in Tiger Logistics (India) Limited's development has been reached with the announcement that the National Stock Exchange of India Limited (NSE) has approved the listing and trading of its equity shares. With effect from September 18, 2025, the company's 10,57,25,000 fully paid-up equity shares of face value Re. 1 each will be allowed to trade on the NSE under the symbol "TIGERLOGS," in accordance with the authorization letter dated September 16, 2025.

"This development represents a key milestone in our growth journey and aligns with our strategic focus on enhancing market visibility, broadening investor access, and increasing shareholder engagement. The NSE listing is expected to significantly improve trading liquidity, attract a wider base of institutional and retail investors, reinforce our brand presence across both premier stock exchanges, and drive long-term value creation. We believe this listing will act as a strong catalyst for the Company's next phase of growth and expansion," said Tiger Logistics in a stock exchange filing.

Following the announcement the stock reached an intraday high of Rs 47.68 on Wednesday, 17th September marking a gain of 18.66% from the previous close. As of 17 Sept, 11:58 am IST the stock was trading 17.55% higher at Rs 47.23 after opening on the BSE at Rs 41.87. The market cap of the company was around Rs 500 Cr.

The company has also announced that its 25th Annual General Meeting is scheduled to be held on Thursday, 25th September 2025.

With sales of Rs 10,251.9 lakh, the company's Q1 FY26 financial performance showed a mixed trend, down 10.5% QoQ from Rs 11,450.5 lakh but up 1.3% YoY from Rs 10,116.4 lakh. While it had a robust 14% YoY growth, EBITDA decreased 18.1% QoQ to Rs 589.5 lakh for the quarter ending June 30, 2025, with margins of 5.8%, which was lower than the previous quarter but better than the same quarter last year. EBIT margins dropped to 7%, while EBIT came in at Rs 714.3 lakh, down 23.4% QoQ but up 8.8% YoY. With margins at 4.6%, net profit plummeted sequentially by 26.9% to Rs 470.7 lakh, although it improved slightly YoY by 1.8%.

Tiger Logistics India Limited, a prominent global logistics firm and solutions provider registered on the Bombay Stock Exchange, specializes in air and ocean freight forwarding, defense and project logistics, transportation, and customs clearing. The automotive, renewable energy, engineering products, yarns & textiles, pharmaceutical, consumer durables, commodities, building materials, defense & aerospace, and fast-moving consumer goods (FMCG) sectors are just a few of the areas in which Tiger Logistics has over 24 years of expertise and a significant global presence.