Contents
- 1 Ashapura Logistics IPO Details
- 2 Ashapura Logistics IPO Date
- 3 Lot Size
- 4 Promoter Holding
- 5 Ashapura Logistics IPO GMP (Grey Market Premium)
- 6 Ashapura Logistics IPO Subscription Status
- 7 Ashapura Logistics IPO Allotment Status
- 8 Know About Company
- 9 Ashapura Logistics Limited Financial Information
- 10 KIP of Ashapura Logistics Limited
- 11 Ashapura Logistics Limited IPO Valuation – FY2024
- 12 Peer Group
- 13 Ashapura Logistics Limited IPO Registrar
- 14 Ashapura Logistics Limited IPO Lead Manager
- 15 Ashapura Logistics Limited Contact
- 16 Ashapura Logistics Limited IPO Application Form PDF
- 17 FAQs – Ashapura Logistics Limited IPO
Ashapura Logistics IPO is a book-built issue aiming to raise ₹52.66 crores. The entire issue consists of 36.57 lakh new equity shares.
Ashapura Logistics IPO is open for subscription on July 30, 2024, and closes on August 1, 2024. The allotment for the IPO is expected on August 2, 2024. Ashapura Logistics IPO will be listed on NSE SME with a listing date fixed as August 6, 2024.
Source Doc – Ashapura Logistics IPO RHP
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Ashapura Logistics IPO Details
Open Date | July 30, 2024 |
Close Date | August 1, 2024 |
IPO Size | A total of Rs ₹52.66 crores and 36.57 lakh shares |
Fresh Issue | 3657000 Equity Shares |
Face Value | ₹10 per share |
IPO Price Band | ₹136 to ₹144 per share |
IPO Listing on | NSE SME |
Lot Size | 1000 Shares |
OFS | N.A |
Share Offered to Retail | 35% |
Share Offered to QIB | 50% |
Share Offered to HNI | 15% |
Ashapura Logistics IPO Date
- IPO Open Date: July 30, 2024
- IPO Close Date: August 1, 2024
- Allotment: August 2, 2024
- Refunds: August 5, 2024
- Shares Credit to Demat: August 5, 2024
- Listing Date: August 6, 2024
Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 1000 | ₹144,000 |
Retail (Max) | 1 | 1000 | ₹144,000 |
HNI (Min) | 2 | 2,000 | ₹288,000 |
Promoter Holding
The company’s promoters, Mr. Sujith Chandrasekhar Kurup and Mrs. Chitra Sujith Kurup hold a pre-issue shareholding of 92.45%, which reduces to 67.51% post-issue.
Ashapura Logistics IPO GMP (Grey Market Premium)
If you want to know Rajputana Industries IPO GMP (Grey Market Premium) then please visit our IPO GMP section and get daily updates on grey market premium. We update here all IPOs GMP.
Ashapura Logistics IPO Subscription Status
Ashapura Logistics IPO subscription starts on July 30, 2024, To get live IPO subscription status data go to our IPO Subscription section and see any ongoing IPO Subscription Status.
Ashapura Logistics IPO Allotment Status
To check the Ashapura Logistics IPO allotment status go to the IPO registrar website ”KFIN TECHNOLOGIES LIMITED” or go to IPO Allotment>>.
You can find here any IPO allotment status. Following some stapes.
- Go to the Link given above.
- Select the IPO Name
- Enter your PAN/ DP ID/ Application No
- Submit details and get the allotment status.
Know About Company
About Ashapura Logistics Limited
- Establishment and Focus: Founded in 2009, Ashapura Logistics Limited is a prominent Indian logistics firm specializing in a range of services.
- Service Offerings:
- Cargo Handling and Freight Forwarding: Expertise in efficiently managing and forwarding cargo.
- Transportation: Includes project logistics and third-party logistics (3PL) solutions.
- Warehousing and Distribution: Provides storage and distribution facilities.
- Other Services: Offers coastal movement services among others.
- Distinctive Features:
- Nationwide Presence: Extensive network covering various parts of India.
- Comprehensive Services: Provides a wide array of logistics solutions.
- Technological Integration: Emphasizes enhancing service quality through advanced technology.
- Fleet Network: Operates a large fleet of vehicles to support logistics operations.
- Certifications: Holds ISO 9001:2015 certification for services including customs clearance, supply chain management, and more.
- Operations and Facilities:
- Location: Headquartered in Ahmedabad, with branches at key sea ports like Hazira, Mundra, and others.
- Services Provided: Offers freight forwarding and Custom House Agent (CHA) services.
- Fleet Size: Manages 250 commercial trucks as of March 31, 2024, enhancing logistical capabilities.
- Warehouse Facilities:
- Current Operations: Manages 7 warehouses across strategic locations.
- Capacity: Provides approximately 284,000 square feet of storage space.
Ashapura Logistics Limited Financial Information
The financial performance table for Ashapura Logistics Limited for the financial years ending March 31, 2024, 2023, and 2022:
Period Ended | 31 Mar 2024 (₹ Lakhs) | 31 Mar 2023 (₹ Lakhs) | 31 Mar 2022 (₹ Lakhs) |
---|---|---|---|
Assets | 12,644.88 | 10,461.66 | 11,568.76 |
Revenue | 19,934.57 | 22,260.31 | 22,713.84 |
Profit After Tax | 1,235.44 | 946.98 | 788.26 |
Net Worth | 6,532.31 | 4,796.60 | 3,852.04 |
Reserves and Surplus | 5,542.40 | 4,759.80 | 3,815.32 |
Total Borrowing | 12.90 | 9.87 | 8.17 |
KIP of Ashapura Logistics Limited
The table summarizing the financial KPIs (Key Performance Indicators) of the company on a consolidated basis for the years ending March 31, 2024, 2023, and 2022:
Particulars | 31-Mar-24 (₹ in Lakhs) | 31-Mar-23 (₹ in Lakhs) |
---|---|---|
Revenue from Operations | 19,900.91 | 22,181.65 |
EBITDA | 2,621.18 | 2,217.10 |
EBITDA Margin (%) | 13.17% | 10.00% |
Profit After Tax (PAT) | 1,235.71 | 944.49 |
PAT Margin (%) | 6.21% | 4.26% |
Net Debt | 3,581.23 | 3,358.09 |
Debt equity ratio | 0.63 | 0.73 |
Net Debt to EBITDA | 1.37 | 1.51 |
Return on Equity (RoE) (%) | 21.82% | 21.84% |
Return on Capital Employed (RoCE) (%) | 20.69% | 18.68% |
Net Fixed Asset Turnover (In Times) | 6.52 | 7.23 |
Operating Cash Flows | 599.09 | 1,557.40 |
Ashapura Logistics Limited IPO Valuation – FY2024
Financial Metric | Value |
---|---|
Earnings Per Share (EPS) | ₹12.90 per Equity Share |
Price/Earnings (P/E) Ratio | 9.11 Post IPO |
Return on Net Worth (RoNW) | 18.92% |
Net Asset Value (NAV) | ₹65.99 per Equity Share |
Peer Group
- S J Logistics (India) Limited
Ashapura Logistics Limited IPO Registrar
KFin Technologies Limited
Address: Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda,
Serilingampally, Hyderabad – 500 032, Telangana.
Tel. Number: +91 40 6716 2222
Toll-Free No- 1800 309 4001
Email Id: all.ipo@kfintech.com
Investors Grievance Id: einward.ris@kfintech.com
Website: www.kfintech.com
Ashapura Logistics Limited IPO Lead Manager
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
SEBI Registration Number: INM000012917
Address: B 1311-1314, Thirteenth Floor, Shilp Corporate Park, Rajpath Rangoli Road, Thaltej,
Ahmedabad- 380054, Gujarat, India.
Telephone Number: +91 079 4918 5784
Email Id: mb@beelinemb.com
Investors Grievance Id: ig@beelinemb.com
Website: www.beelinemb.com
Ashapura Logistics Limited Contact
Ashapura Logistics Limited
B-902 Shapath Hexa
Opp. High Court, S.G. Highway
Sola, Ahmedabad- 380060,
Phone: 079-66111150
Email: cs.compliance@ashapura.in
Website: https://ashapura.in/
Ashapura Logistics Limited IPO Application Form PDF
To download the Ashapura Logistics Limited IPO application form Check out the Application Form Download ASBA IPO Forms PDF.
FAQs – Ashapura Logistics Limited IPO
What is the IPO size of Ashapura Logistics Limited?
The IPO aims to raise ₹52.66 crores through 36.57 lakh new equity shares.
What is the lot size for the Ashapura Logistics IPO?
The lot size is 1000 shares, with retail investors required to apply for a minimum of 1000 shares.
Who are the promoters of Ashapura Logistics Limited?
The promoters are Mr. Sujith Chandrasekhar Kurup and Mrs. Chitra Sujith Kurup.