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| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹52.66 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹52.66 Cr |
| Fresh Issue | ₹50.03 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹136.00-144.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | ASHALOG |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,000 shares and in multiples thereof
Incorporated in 2009, Ashapura Logistics Limited is an Indian logistics company. They specialize in
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of Vehicles and Equipment | 15.02 |
| 2 | Construction of warehouses at our facilities located at Mundra, Gujarat | 16.40 |
| 3 | Working Capital Requirement | 6.00 |
| 4 | General Corporate Purpose | 10.20 |
| 5 | Public Issue Expenses | 5.05 |
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 126.45 | 104.62 | 115.69 |
| Total Income | 199.35 | 222.60 | 227.14 |
| Profit After Tax | 12.35 | 9.47 | 7.88 |
| NET Worth | 65.32 | 47.97 | 38.52 |
| Reserves and Surplus | 55.42 | 47.60 | 38.15 |
| Total Borrowing | 0.13 | 0.10 | 0.08 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 21.82% |
| ROCE | 20.69% |
| Debt / Equity | 0.63% |
| RoNW | 18.92% |
| PAT Margin | 4.86% |
| Price to Book Value | 2.18 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 12.48 | 9.11 |
| P/E (x) | 11.54 | 15.8 |
| Promoter Holding | 92.45% | 67.51% |
| Market Cap | ₹195.21 Cr. | |
