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Ashapura Logistics Ltd

Ashapura Logistics Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹144
₹144
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹144
Based on GMP
Min. Investment
₹144,000
1 lot × 1000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
30 Jul 2024
Close Date
01 Aug 2024
Allotment
02 Aug 2024
Listing Date
06 Aug 2024
Exchange
NSE SME
Price Band
₹144
Listing Price
See chart
Allotment Status
Price Band
₹144
Per share
Face Value
₹10 per share
 
Lot Size
1,000 Shares
per lot
Issue Size
36,57,000 shares (aggregating up to ₹52.66 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹144,000
1 lot
Pre-IPO Holding
98,99,121 shares
Promoters
Post-IPO Holding
1,35,56,121 shares
Promoters
P/E (Pre)
11.54x
 
P/E (Post)
15.8x
 
EPS (Pre)
₹12.48
 
EPS (Post)
₹9.11
 
UPI Deadline
2024-08-01
Mandate
Anchor AllotmentMon, 29 Jul 2024
Basis of AllotmentFri, 02 Aug 2024
Refund InitiationMon, 05 Aug 2024
Demat CreditMon, 05 Aug 2024
Listing DayTue, 06 Aug 2024
UPI Mandate Deadline2024-08-01
Sale TypeFresh Capital
Net Offer to Public34,74,000 shares (aggregating up to ₹50.03 Cr)
Market Maker Quota1,83,000 shares (aggregating up to ₹2.64 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Ashapura Logistics Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 01 Aug 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
183,000
₹2.64
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
3,657,000
100% ₹52.66
IPO Shares Offered
Ashapura Logistics Ltd IPO total issue size: ₹52.66 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 183,000 ₹2.64
5.00%
Total 3,657,000 ₹52.66
100.00%
* Based on upper price band ₹144 per share
Lot Size & Investment
Lot Size
1,000
Shares per Lot
Issue Price
₹144.00
Upper Band
Min Investment
₹144,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,000₹288,000
Retail (Max — 13 Lots)1313,000₹1,872,000
S-HNI (Min — 14 Lots)1414,000₹2,016,000
B-HNI (Min — 68 Lots)6868,000₹9,792,000
* Issue Price ₹144 × Lot Size 1,000 shares
IPO Schedule
Anchor
29 Jul 2024
✓ Done
IPO Open
30 Jul 2024
✓ Done
IPO Close
01 Aug 2024
✓ Done
Allotment
02 Aug 2024
✓ Done
Refunds
05 Aug 2024
✓ Done
Demat Credit
05 Aug 2024
✓ Done
Listing Day
06 Aug 2024
✓ Done
Ashapura Logistics Ltd — Live Price LIVE
₹144.00
INR · NSE
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Issue ₹144.00 Live Price
About Ashapura Logistics Ltd
Incorporated in 2009, Ashapura Logistics Limited is an Indian logistics company. They specialize inHandling cargo and forwarding freightTransportation, including project logistics and third-party logistics ("3PL")Warehousing and distributionOther 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.
Objects of the Issue
1
The company's funding capital expenditure requirement is for the purchase of trucks (" Vehicles") and ancillary equipment ("Equipment").
2
Construction of warehouses at the facilities located at Mundra, Gujarat
3
Funding the incremental working capital requirement of our company
4
General Corporate Purposes
Ashapura Logistics Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹22,713.8
31 Mar 2022
₹22,260.3
31 Mar 2023
₹19,934.6
31 Mar 2024
Profit After Tax (PAT)
₹788.3
31 Mar 2022
₹947.0
31 Mar 2023
₹1,235.4
31 Mar 2024
Particulars31 Mar 202431 Mar 202331 Mar 2022
Revenue from Operations 19934.57 22260.31 22713.84
EBITDA N/A N/A N/A
Profit After Tax (PAT) 1235.44 946.98 788.26
Net Worth 6532.31 4796.60 3852.04
Total Assets 12644.88 10461.66 11568.76
Reserves & Surplus 5542.40 4759.80 3815.32
Borrowings 12.90 9.87 8.17
EBITDA Margin (%) N/A
PAT Margin (%) 4.86
P/BV Ratio
2.18
RoE
21.82
RoCE
20.69
RoNW
18.92
PAT Margin
4.86
Debt/Equity
0.63
Issue Structure & Shareholding
Total Shares Offered36,57,000 (100.00%)
Net Offer to Public34,74,000 shares (aggregating up to ₹50.03 Cr)
Reserved for Market Maker1,83,000 shares (aggregating up to ₹2.64 Cr)
Pre-Issue Promoter Holding98,99,121 shares
Post-Issue Promoter Holding1,35,56,121 shares
P/BV Ratio2.18
RoE21.82
RoCE20.69
Debt / Equity0.63
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Beeline Capital Advisors Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Ashapura Logistics Ltd IPO subscribed?

Ashapura Logistics Ltd IPO is subscribed 1.00 times by Aug 01, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Ashapura Logistics Ltd IPO retail subscription status?

The Ashapura Logistics Ltd IPO retail category is subscribed 1.00 times as of 01 Aug 2024. The retail portion is oversubscribed.

How to subscribe Ashapura Logistics Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 30 Jul 2024 and closes 01 Aug 2024. Min investment: ₹144,000 (1 lot = 1,000 shares). UPI mandate: 2024-08-01.

How many times Ashapura Logistics Ltd IPO subscribed?

The Ashapura Logistics Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Ashapura Logistics Ltd IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 02 Aug 2024. Refunds: on 05 Aug 2024.

When Ashapura Logistics Ltd IPO will be listed?

The Ashapura Logistics Ltd IPO listing date is 06 Aug 2024, Tuesday. Listed on: NSE SME. Issue price: ₹144. Estimated listing: ₹144. GMP: NIL.

When Ashapura Logistics Ltd IPO close?

The Ashapura Logistics Ltd IPO closes on 01 Aug 2024, Thursday. UPI mandate: 2024-08-01. Allotment: 02 Aug 2024. Listing: 06 Aug 2024.