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AVG Logistics Ltd.

AVG Logistics Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹107
₹107
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹107
Based on GMP
Min. Investment
₹128,400
1 lot × 1200 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
28 Mar 2018
Close Date
03 Apr 2018
Allotment
09 Apr 2018
Listing Date
11 Apr 2018
Exchange
NSE SME
Price Band
₹107
Listing Price
See chart
Allotment Status
Price Band
₹107
Per share
Face Value
₹10 per share
 
Lot Size
1,200 Shares
per lot
Issue Size
30,90,000 shares (aggregating up to ₹33.06 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹128,400
1 lot
Pre-IPO Holding
72,08,000 shares
Promoters
Post-IPO Holding
1,02,98,000 shares
Promoters
UPI Deadline
2018-04-03
Mandate
Anchor AllotmentTue, 27 Mar 2018
Basis of AllotmentMon, 09 Apr 2018
Refund InitiationTue, 10 Apr 2018
Demat CreditTue, 10 Apr 2018
Listing DayWed, 11 Apr 2018
UPI Mandate Deadline2018-04-03
Sale TypeFresh Capital
Net Offer to Public29,35,200 shares (aggregating up to ₹31.41 Cr)
Market Maker Quota1,54,800 shares (aggregating up to ₹1.66 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
AVG Logistics Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 03 Apr 2018.
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
154,800
₹1.66
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
3,090,000
100% ₹33.06
IPO Shares Offered
AVG Logistics Ltd. IPO total issue size: ₹33.06 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 154,800 ₹1.66
5.01%
Total 3,090,000 ₹33.06
100.00%
* Based on upper price band ₹107 per share
Lot Size & Investment
Lot Size
1,200
Shares per Lot
Issue Price
₹107.00
Upper Band
Min Investment
₹128,400
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,400₹256,800
Retail (Max — 13 Lots)1315,600₹1,669,200
S-HNI (Min — 14 Lots)1416,800₹1,797,600
B-HNI (Min — 68 Lots)6881,600₹8,731,200
* Issue Price ₹107 × Lot Size 1,200 shares
IPO Schedule
Anchor
27 Mar 2018
✓ Done
IPO Open
28 Mar 2018
✓ Done
IPO Close
03 Apr 2018
✓ Done
Allotment
09 Apr 2018
✓ Done
Refunds
10 Apr 2018
✓ Done
Demat Credit
10 Apr 2018
✓ Done
Listing Day
11 Apr 2018
✓ Done
AVG Logistics Ltd. — Live Price LIVE
₹107.00
INR · NSE
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Issue ₹107.00 Live Price
About AVG Logistics Ltd.
Incorporated in 2010, Delhi based AVG Logistics Limited is a third-party logistics service operator. The company offers Full Truck Load (FTL) and “hub-and-spoke” transportation model and warehousing services to select clients with the pan-India distribution network and automated technology systems.AVG offers its customers services in three key areas:(1) Transportation whereby we provide point-to-point, less than truck-load, time-definite transportation services;(2) Warehousing whereby we provide warehousing, distribution and cold-chain warehousing; and(3) Value-added Services including, temperature-controlled logistics, supply chain solutions and cargo handling services at integrated check posts.As of September 30, 2017, the company had five (5) trans-shipment centres at Guwahati, Bangalore, Hyderabad, DelhiUP border, and Kundli (Delhi-Haryana border) and forty nine (49) branches across India, covering twenty three (23) states as of September 30, 2017. It operates two hundred sixty four (264) owned containerised vehicles which are GPS-enabled vehicles, of which eighty five (85) are refrigerated (reefer) trucks.AVG also provides warehousing facilities to select customers and the warehouses are well connected to several manufacturing and consumption clusters in India aggregating to 3.54 lakh square feet. It has warehouses in Modinagar, Ghaziabad, Delhi and Panipat. The company is in the process of setting up additional large format, multi-user warehouses in certain strategic locations and have acquired land at Agartala in Tripura and Mysore in Karnataka adding 1.08 lakhs square feet which will enable the expansion of its warehousing space to 4.62 lakhs square feet by April, 2019.As of January 31, 2018, we had 521 full-time employees.
Objects of the Issue
1
1 Setting up warehousing facilities at Agartala and Mysore
2
2 Working Capital Requirement
3
3 General Corporate Purpose
4
4 Issue Expenses
AVG Logistics Ltd. Financials (Amount in Lakhs)
Revenue from Operations
₹18,331.7
31-Mar-15
₹19,229.3
31-Mar-16
₹19,485.9
31-Mar-17
Profit After Tax (PAT)
₹319.3
31-Mar-15
₹380.2
31-Mar-16
₹443.3
31-Mar-17
Particulars31-Mar-1731-Mar-1631-Mar-15
Revenue from Operations 19485.88 19229.25 18331.70
EBITDA N/A N/A N/A
Profit After Tax (PAT) 443.34 380.16 319.31
Net Worth N/A N/A N/A
Total Assets 8352.23 6996.76 6096.39
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered30,90,000 (100.00%)
Net Offer to Public29,35,200 shares (aggregating up to ₹31.41 Cr)
Reserved for Market Maker1,54,800 shares (aggregating up to ₹1.66 Cr)
Pre-Issue Promoter Holding72,08,000 shares
Post-Issue Promoter Holding1,02,98,000 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Systematix Corporate Services Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much AVG Logistics Ltd. IPO subscribed?

AVG Logistics Ltd. IPO is subscribed 1.00 times by Apr 03, 2018. 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 AVG Logistics Ltd. IPO retail subscription status?

The AVG Logistics Ltd. IPO retail category is subscribed 1.00 times as of 03 Apr 2018. The retail portion is oversubscribed.

How to subscribe AVG Logistics Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 28 Mar 2018 and closes 03 Apr 2018. Min investment: ₹128,400 (1 lot = 1,200 shares). UPI mandate: 2018-04-03.

How many times AVG Logistics Ltd. IPO subscribed?

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

How to check AVG Logistics Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 09 Apr 2018. Refunds: on 10 Apr 2018.

When AVG Logistics Ltd. IPO will be listed?

The AVG Logistics Ltd. IPO listing date is 11 Apr 2018, Wednesday. Listed on: NSE SME. Issue price: ₹107. Estimated listing: ₹107. GMP: NIL.

When AVG Logistics Ltd. IPO close?

The AVG Logistics Ltd. IPO closes on 03 Apr 2018, Tuesday. UPI mandate: 2018-04-03. Allotment: 09 Apr 2018. Listing: 11 Apr 2018.