Ashapura Logistics IPO Date, Review, Price, Allotment Details

Ashapura Logistics IPO Details: Ashapura Logistics IPO date is fixed, The IPO will open on July 30 and will close on August 1. Ashapura Logistics is a NSE SME IPO to raise ₹52.66 crores via IPO. The Ashapura Logistics IPO price band is fixed at ₹136 to ₹144 with a market lot of 1000 shares.

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.

ApplicationLot SizeSharesAmount
Retail Minimum11000₹144,000
Retail Maximum11000₹144,000
S-HNI Minimum22000₹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
YearRevenueExpensePAT
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/

Ashapura Logistics IPO FAQs


What is Ashapura Logistics IPO?

Ashapura Logistics IPO is an NSE SME IPO. They are going to raise ₹52.66 Crores via IPO. The issue is priced at ₹136 to ₹144 per equity share. The IPO is to be listed on NSE.

When Ashapura Logistics IPO will open?

The IPO is to open on July 30, 2024 for QIB, NII, and Retail Investors.

What is Ashapura Logistics IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Ashapura Logistics IPO?

You can apply Ashapura Logistics IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Ashapura Logistics IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Ashapura Logistics”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Ashapura Logistics IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Ashapura Logistics”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Ashapura Logistics IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Ashapura Logistics”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Ashapura Logistics IPO Size?

Ashapura Logistics IPO size is ₹52.66 crores.

What is Ashapura Logistics IPO Price Band?

Ashapura Logistics IPO Price Band is ₹136 to ₹144 per equity share.

What is Ashapura Logistics IPO Minimum and Maximum Lot Size?

The IPO bid is 1000 shares with ₹144,000.

What is Ashapura Logistics IPO Allotment Date?

Ashapura Logistics IPO allotment date is August 2, 2024.

What is Ashapura Logistics IPO Listing Date?

Ashapura Logistics IPO listing date is August 6, 2024. The IPO to list on NSE SME.

Note: The Ashapura Logistics IPO details are announced officially. The IPO grey market premium (Ashapura Logistics IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.

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