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Ashapura Logistics Limited
Issue Size (Net)
up to Rs.52.66 Cr
Price Band
Rs.136 to Rs.144 per share
Issue Opens
July 30, 2024
Issue Closes
August 1, 2024

Company Highlights

1.Company Information


Incorporated in 2009, Ashapura Logistics Limited is an Indian logistics company. They specialize in
1.Handling cargo and forwarding freight
2.Transportation, including project logistics and third-party logistics ("3PL")
3.Warehousing and distribution
4.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.

2. 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

3.Ashapura Logistics IPO Registrar
Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: :all.ipo@kfintech.com

Website:Website:   https://kosmic.kfintech.com/ipostatus/

Ashapura Logistics Limited Financial Information (Restated Consolidated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
31-Mar-24
12644.88
19934.57
1235.44
6532.31
5542.40
12.9
31-Mar-23
10461.66
22260.31
946.98
4796.60
4759.80
9.87
31-Mar-22
11568.76
22713.84
788.26
3852.04
3815.32
8.17
Amount in Rs. Lakhs

Ashapura Logistics IPO Details

Issue Opening Date
July 30, 2024
Issue Closing Date
August 1, 2024
Face Value
Rs.10 per share
Price
Rs.136 to Rs.144 per share
Lot Size
1000 Shares
Issue Size
3,657,000 shares(aggregating up to Rs.52.66 Cr)
Fresh Issue
3,657,000 shares(aggregating up to Rs.52.66 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME

Ashapura Logistics IPO Timeline (Tentative Schedule)

Event
Tentative Date
Opening Date
Tuesday, July 30, 2024
Closing Date
Thursday, August 1, 2024
Basis of Allotment
Friday, August 2, 2024
Initiation of Refunds
Monday, August 5, 2024
Credit of Shares to Demat
Monday, August 5, 2024
Listing Date
Tuesday, August 6, 2024
Cut-off time for UPI mandate confirmation
5 PM on August 1, 2024

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
  • SSL
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