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Ashapura Logistics Limited IPO IPO (Ashapura Logistics IPO ) Details
Ashapura Logistics Limited IPO
Ashapura Logistics IPO 's overview
Ashapura Logistics IPO is a book built issue of ₹52.66 Cr (52,66,08,000). The issue includes a fresh issue of 36.57 Lakh (36,57,000) shares aggregating to ₹52.66 Cr (52,66,08,000).
Ashapura Logistics IPO bidding started from Jul 30, 2024 and ended on Aug 01, 2024. The allotment for Ashapura Logistics IPO was finalized on Aug 02, 2024. The shares got listed on NSE on Aug 06, 2024.
Ashapura Logistics IPO price band is set at ₹136 to ₹144 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹1.36 Lakh (1,36,000).
Refer to Ashapura Logistics IPO RHP for detailed information.
IPO date
Jul 30,2024 - Aug 01,2024
Listing Date
Aug 06,2024
Face value
₹10
Price Band
₹136 to ₹144 per share
Lot
₹1000 Shares
Total Issue Size
36.57 Lakh (36,57,000)
aggregating up to ₹52.66 Cr (52,66,08,000)
Fresh Issue
36.57 Lakh (36,57,000)
aggregating up to ₹52.66 Cr (52,66,08,000)
Issue Type
Book Building
IPO Type
SMEListing At
NSE
Tue, Jul 30, 2024
IPO Open
Thu, Aug 01, 2024
IPO Close
Fri, Aug 02, 2024
Basis of Allotment
Mon, Aug 05, 2024
Initiation of Refunds
Mon, Aug 05, 2024
Credit of Shares to Demat
Tue, Aug 06, 2024
Listing
Ashapura Logistics IPO Day-wise IPO GMP Trend
Ashapura Logistics IPO last GMP is ₹45, last updated Aug 05,2024. With the price band of 144.00, Ashapura Logistics IPO 's estimated listing price is ₹189 (cap price + today's GMP).The expected percentage gain/loss per share is 31.25%.
| Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
|---|---|---|---|---|
| 05-Aug-24 | 144.00 | 45 | 189(31.25%) | 5-Aug-2024 16:30 |
| 04-Aug-24 | 144.00 | 75 | 219(52.08%) | 4-Aug-2024 23:27 |
| 03-Aug-24 | 144.00 | 95 | 239(65.97%) | 3-Aug-2024 23:26 |
| 02-Aug-24 | 144.00 | 120 | 264(83.33%) | 2-Aug-2024 23:25 |
| 01-Aug-24 | 144.00 | 150 | 294(104.17%) | 1-Aug-2024 23:25 |
| 31-Jul-24 | 144.00 | 145 | 289(100.69%) | 31-Jul-2024 23:31 |
| 30-Jul-24 | 144.00 | 95 | 239(65.97%) | 30-Jul-2024 23:27 |
| 29-Jul-24 | 144.00 | 95 | 239(65.97%) | 29-Jul-2024 23:25 |
| 28-Jul-24 | 144.00 | 55 | 199(38.19%) | 28-Jul-2024 23:32 |
| 27-Jul-24 | 144.00 | 55 | 199(38.19%) | 27-Jul-2024 23:26 |
| 26-Jul-24 | 144.00 | 50 | 194(34.72%) | 26-Jul-2024 23:24 |
| 25-Jul-24 | 144.00 | 30 | 174(20.83%) | 25-Jul-2024 23:25 |
| 24-Jul-24 | 0 | (0.00%) | 24-Jul-2024 14:32 |
Ashapura Logistics IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
Retail(Min) | 1 | 1,000 | ₹1.44 Lakh (1,44,000) |
Retail(Max) | 1 | 1,000 | ₹1.44 Lakh (1,44,000) |
HNI(Min) | 2 | 2,000 | ₹2.88 Lakh (2,88,000) |
Ashapura Logistics IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Offered to QIB | 6.96 Lakh (6,96,000) |
| Offered to NII | 5.22 Lakh (5,22,000) |
| Offered to RII | 12.16 Lakh (12,16,000) |
| Offered to Anchor Investor | 10.40 Lakh (10,40,000) |
Ashapura Logistics IPO Financial Information (Restated Consolidated)
| Label | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|
| Assets | 11,568.76 | 10,461.66 | 12,644.88 |
| Revenue | 22,713.84 | 22,260.31 | 19,934.57 |
| Profit After Tax | 788.26 | 946.98 | 1,235.44 |
| Net Worth | 3,852.04 | 4,796.60 | 6,532.31 |
| Reserves and Surplus | 3,815.32 | 4,759.80 | 5,542.40 |
| Total Borrowing | 8.17 | 9.87 | 12.90 |
About Ashapura Logistics Limited IPO
Incorporated in 2009, Ashapura Logistics Limited is an Indian logistics company. They specialize in
- Handling cargo and forwarding freight
- Transportation, including project logistics and third-party logistics ("3PL")
- Warehousing and distribution
- Other services, including coastal movement.
The company offers unique logistics solutions through its: (a) nationwide presence, (b) comprehensive service offerings, (c) emphasis on enhancing service with technology, and (d) extensive vehicle fleet network.
The company is certified with ISO 9001:2015 for providing customs clearance, freight forwarding, supply chain management, warehousing, distribution, surface transportation, cargo handling, and 3PL services.
The freight forwarding team is based in Ahmedabad, with branches at sea ports like Hazira, Mundra, Pipavav, Kandla, JNPT, and other ICDs. They provide freight forwarding and CHA services to existing customers.
As of March 31, 2024, the company has 250 commercial trucks in its fleet, with 181 owned by the subsidiary and 69 owned directly by the company.
As of July 2024, the company manages and operates 7 warehouses with a total storage capacity of approximately 284,000 square feet.
As of June 30, 2024, Ashapura Logistics Limited employed over 219 people, including more than 111 in Operations and Transportation.
Ashapura Logistics IPO 's documents
Ashapura Logistics Limited IPO Contact Details
Ashapura Logistics Limited
B-902 Shapath Hexa
Opp. High Court, S.G. Highway
Sola, Ahmedabad- 380060,
Phone: 079-66111150
Email: [email protected]
Website: https://ashapura.in/
Ashapura Logistics IPO 's Promoters
The Promoters of the company are Mr. Sujith Chandrasekhar Kurup and Mrs. Chitra Sujith Kurup.