Incorporated in 2009, Ashapura Logistics Limited is an integrated logistics company in India, primarily operating in (i) Cargo handling and freight forwarding segment; (ii) Transportation (including project logistics and third-party logistics (“3PL”)); (iii) Warehousing and Distribution and (iv) other services (including coastal movement). They have pan-India operations through their network of 9 (Nine) branch offices as at the Date of Red Herring Prospectus.
With over 20 (Twenty) years of their operational experience since inception, they provide differentiated logistics solutions with their: (a) pan-India presence, (b) integrated service offerings, (c) focus on improving service through technology, and (d) large network of vehicle fleet. Their management has focused on providing quality services to their customers over decades of operations and thereby building credibility with their customer base, including their longstanding customers. 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.
Objects of the Issue:
- The company’s funding capital expenditure requirement is for the purchase of trucks (” Vehicles”) and ancillary equipment (“Equipment”).
- Construction of warehouses at the facilities located at Mundra, Gujarat
- Funding the incremental working capital requirement of our company
- General Corporate Purposes
Ashapura Logistics IPO Review
- May Apply
Ashapura Logistics IPO Date & Price Band Details
| IPO Open: | July 30, 2024 |
| IPO Close: | August 1, 2024 |
| IPO Size: | Approx ₹52.66 Crores, 3,657,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹136 to ₹144 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Ashapura Logistics IPO Market Lot
The Ashapura Logistics IPO minimum market lot is 1000 shares with a ₹144,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1000 | ₹144,000 |
| Retail Maximum | 1 | 1000 | ₹144,000 |
| S-HNI Minimum | 2 | 2000 | ₹288,000 |
Ashapura Logistics IPO Dates
The Ashapura Logistics IPO date is July 30 and the IPO close date is August 1. The IPO allotment date is August 2 and the IPO might list on August 6.
| IPO Open Date: | July 30, 2024 |
| IPO Close Date: | August 1, 2024 |
| Basis of Allotment: | August 2, 2024 |
| Refunds: | August 5, 2024 |
| Credit to Demat Account: | August 5, 2024 |
| IPO Listing Date: | August 6, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Ashapura Logistics IPO Form
How to apply Ashapura Logistics IPO? You can apply Ashapura Logistics IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Ashapura Logistics IPO in the Invest section. The other option you can apply Ashapura Logistics IPO via IPO forms download via the NSE website. Check out the Ashapura Logistics forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Ashapura Logistics Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹227.14 | ₹216.90 | ₹7.88 |
| 2023 | ₹222.60 | ₹209.99 | ₹9.47 |
| 2024 | ₹199.35 | ₹182.72 | ₹12.35 |
Ashapura Logistics IPO Valuation – FY2024
Check Ashapura Logistics IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹12.90 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 18.92% |
| Net Asset Value (NAV): | ₹65.99 per Equity Share |
Peer Group
- S J Logistics (India) Limited
Company Promoters
- Mr. Sujith Chandrasekhar Kurup
- Mrs. Chitra Sujith Kurup.
Ashapura Logistics IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
Ashapura Logistics IPO Allotment Status
Check Ashapura Logistics IPO allotment status on KfinTech website URL. Click Here
Ashapura Logistics IPO Lead Managers aka Merchant Bankers
- Beeline Capital Advisors Pvt Ltd
Company Address
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/
