BAJAJ BROKING

Notification
No new Notification messages
Inventurus Knowledge Solutions IPO is Open!
Apply for the Inventurus Knowledge Solutions IPO through UPI in just minutes.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

Ashapura Logistics Ltd

Logistics

Offer Period :

30th to 1st Aug 2024

Incorporated in 2009, Ashapura Logistics Limited is an Indian logistics company specializing in cargo handling, freight forwarding, transportation, warehousing, and coastal movement. Read more...With ISO 9001:2015 certification, the company provides comprehensive logistics solutions through a nationwide presence, advanced technology, and a vast vehicle fleet. Based in Ahmedabad, their freight forwarding team operates at key seaports, offering services to existing customers. As of June 30, 2024, Ashapura manages 7 warehouses with a total capacity of 284,000 sq. ft. and employs over 219 people.Read less

Ashapura Logistics Ltd IPO Details

IPO Date 30th to 1st Aug 2024 Minimum Investment ₹144000 / 1 Lots
Listing Date 2024-08-06 Maximum Investment ₹144000 / 1 Lots
Face Value ₹10 per share Total Issue Size ₹52.66 Crores
Price ₹144 to ₹144 per share Fresh Issue ₹52.66 Crores
Lot Size 1 Lots (1000 Shares) Offer For Sale ₹ 0
Listing At NSE-SME Retail Discount ₹ 0
Employee Discount ₹0 per share    
IPO Date 30th to 1st Aug 2024
Listing Date 2024-08-06
Face Value ₹10 per share
Price ₹144 to ₹144 per share
Lot Size 1 Lots (1000 Shares)
Listing At NSE-SME
Employee Discount ₹0 per share
Minimum Investment ₹144000 / 1 Lots
Maximum Investment ₹144000 / 1 Lots
Total Issue Size ₹52.66 Crores
Fresh Issue ₹52.66 Crores
Offer For Sale
Retail Discount ₹ 0

Timeline

Important dates for allocation and IPO listing.

30th Jul

IPO Starts

1st Aug

IPO Ends

2nd Aug

Allotment Date

5th Aug

Initiation of Refund

5th Aug

Credit of Shares to Demat Account

6th Aug

IPO Listing Date

Shareholder Pattern

  Pre-Issue Post-Issue
Promoter Group 92.45 67.51
Public Group 7.55 32.49

Ashapura Logistics Ltd IPO Reservation

QIB Shares Offered 696000(19.03%)
NII (HNI) Shares Offered 522000(14.27%)
Retail Shares Offered 1216000(33.25%)
Anchor Investor Shares Offered 1040000(28.44%)
Total Shares Offered 3657000
Total Shares With Anchor Investor 3657000

IPO Lot Size

ApplicationLotsSharesAmount
Retail (Min)---
Retail (Max)---
S-HNI (Min)---
S-HNI (Max)---

Ashapura Logistics Ltd IPO Registrar

KFin Techologies Ltd
Phone Number +91 40 6716 2222
Email Id all.ipo@kfintech.com
Our Website www.kfintech.com

Ashapura Logistics Ltd IPO Lead Manager

1. Beeline Capital Advisors Pvt Ltd

Explore IPOs


Explore comprehensive IPO details for every IPO. Access essential information such as listing price, listing date, issue price, lot size, issue size, minimum investment, and IPO timeline. Gain insights into the company's background, strengths, and potential risks. Track the subscription status and delve into the financials of the company, empowering yourself with crucial data for informed investment decisions. Stay ahead in the dynamic IPO market by staying informed on upcoming, ongoing, and past IPOs. 
 

Stay ahead in the ever-evolving IPO landscape with our comprehensive platform. We offer a holistic resource, ensuring you not only access essential details but also gain valuable insights into market trends. Navigate confidently, armed with intricate analyses, expert opinions, and real-time updates. Whether you're a seasoned investor or a novice, our user-friendly interface and extensive information empower you to make well-informed decisions. Experience the convenience of having a dedicated space where you can delve into the intricacies of IPOs, enabling a strategic and calculated approach to the dynamic stock market. 

Ashapura Logistics Ltd IPO Subscription LIVE Status

Category No. of shares offered No. of shares bid No. of subscribed

Strength of Ashapura Logistics Ltd

1. Scaled and integrated logistics operations.

2. Asset-based business model resulting into higher efficiencies.

3. Optimal Utilization of Resources.

4. Long-standing relationships with its clients.

Risks Involved

1. In case of its inability to obtain, renew or maintain the statutory and regulatory licenses, permits and approvals required to operate its business it may have a material adverse effect on the company's business.

2. At present, the Company has applied for certain licenses and approvals and some of the approvals are yet to be applied. Its business requires it to obtain and renew certain registrations, licenses and permits from government and regulatory authorities and the failure to obtain and renew them in a timely manner may adversely affect its business operations and some of the approvals are required to be transferred in the name of 'Ashapura Logistics Limited'.

3. The company had over the years make arrangements with M/s. Transmarine Corporations (Partnership firm of its promoter/Related Party) to undertake the custom clearance.

4. One of its Directors Sujith Chandrasekhar Kurup was disqualified under section 164 of the Companies Act, 2013, in the past for being director of M/s. Ansen & Kurupsen Logistics & Transportation Services Private Limited, which failed to file its Annual returns and Financial statements for a continuous period of 3 years.

5. The Company is unable to trace certain filings pertaining to historical secretarial information, minutes of board and shareholders' meetings, copies of share transfer forms and certain records from the statutory registers.

6. There are outstanding legal proceedings involving the Company and one of its Directors. Any adverse outcome in such proceedings may have an adverse impact on its reputation, business, financial condition, results of operations and cash flows.

7. There are certain non-compliances noticed in some of its secretarial reporting and/or records relating to filing of returns.

8. Any Penalty or demand raised by statutory authorities in future may adversely affect its financial position of the Company.

9. There are certain discrepancies and non- compliances noticed in some of its financial reporting and/or records relating to filing of returns and deposit of statutory dues with the taxation and other statutory authorities.

10. Its Promoters and Directors have provided personal guarantees for financing facilities availed by the Company and may in the future provide additional guarantees and any failures or default by the Company to repay such facilities in accordance with the terms and conditions of the financing agreements could trigger repayment obligations on them, which may impact their ability to effectively service their obligations as its Promoters and Directors and thereby, adversely impact its business and operations.

Why should you invest in

-

Financials

Particulars For the financial year ending (in ₹ million)
  2024 2023 2022
Total Assets 126.45 104.62 115.69
Total Liabilities 126.45 104.62 115.69
Total Expenses 182.72 209.99 216.9
Total Revenue 
199.35 222.6 227.14
Profit After Tax 12.36 9.44 7.82
EBITDA 26.78 23.1 21.34
Adjusted EBITDA 0 0 0

Ashapura Logistics Ltd IPO Listing Details

Listing Date BSE Script Code NSE Symbol ISIN Final Issue Price
2024-08-06 92994 ASHALOG
INE0LAA01017
₹144 per share

Listing Day Trading Information

Price Details BSE NSE
Final Issue Price ₹144 ₹144
Open ₹0 ₹185
Low ₹0 ₹175.75
High ₹0 ₹194.25
Low ₹0 ₹175.75

Frequently Asked Questions

What is Ashapura Logistics Ltd IPO?

Answer Field

Ashapura Logistics Ltd IPO is a SME IPO of 36,57,000 equity shares of a face value of ₹10 aggregating up to ₹52.66 Crores. The issue is priced at ₹144 to ₹144 per share. The minimum order quantity is 1000 Shares. The IPO opens on July 30, 2024, and closes on August 01, 2024. KFin Techologies Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE-SME.

When Ashapura Logistics Ltd IPO will open?

Answer Field

The Ashapura Logistics Ltd IPO opens on July 30, 2024 and closes on August 01, 2024.

What is the lot size of Ashapura Logistics Ltd?

Answer Field

Ashapura Logistics Ltd lot size is 1000 shares, and the minimum amount required is ₹1,44,000.

How to apply for Ashapura Logistics Ltd IPO?

Answer Field

You can apply in Ashapura Logistics Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is Ashapura Logistics Ltd IPO allotment?

Answer Field

The finalization of Basis of Allotment for Ashapura Logistics Ltd IPO will be done on August 02, 2024, and the allotted shares will be credited to your demat account by August 05, 2024.

When is Ashapura Logistics Ltd IPO listing date?

Answer Field

The Ashapura Logistics Ltd listing date is August 06, 2024.

Who is the registrar of Ashapura Logistics Ltd IPO?

Answer Field

The registrar of Ashapura Logistics Ltd IPO is KFin Techologies Ltd

Which company is the book-running lead manager of the IPO?

Answer Field

Beeline Capital Advisors Pvt Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of Ashapura Logistics Ltd IPO?

Answer Field

The fresh issue size is ₹52.66 Crores equity shares.

What minimum lot size can retail subscribers subscribe to Ashapura Logistics Ltd?

Answer Field

Retail investors can subscribe to a minimum of one lot, 1000 shares and ₹1,44,000 amount.

How can I approve the UPI mandate request for Ashapura Logistics Ltd IPO?

Answer Field

To apply for Ashapura Logistics Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of Ashapura Logistics Ltd?

Answer Field

The price of each Ashapura Logistics Ltd share will be ranging in between ₹144 to ₹144 per share.

What is the cut-off time for the UPI mandate for Ashapura Logistics Ltd IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, August 01, 2024.

No results found

Browse IPOs

upcoming-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
current-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
  • ONE MOBIKWIK SYSTEMS LIMITEDMainboard IPO

  • Bidding Dates

    11th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹265.0 - 279.0

  • IPO Size

    ₹5,72,00,00,000

  • Apply Now
  • PURPLE UNITED SALES LIMITEDSME IPO

  • Bidding Dates

    11th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹121.0 - 126.0

  • IPO Size

    ₹32,81,00,000

  • Apply Now
  • SAI LIFE SCIENCES LIMITEDMainboard IPO

  • Bidding Dates

    11th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹522.0 - 549.0

  • IPO Size

    ₹30,42,62,00,000

  • Apply Now
  • VISHAL MEGA MART LIMITEDMainboard IPO

  • Bidding Dates

    11th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹74.0 - 78.0

  • IPO Size

    ₹80,00,00,00,000

  • Apply Now
  • YASH HIGHVOLTAGE LIMITEDSME IPO

  • Bidding Dates

    12th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹138.0 - 146.0

  • IPO Size

    ₹1,10,01,00,000

  • Apply Now
  • HAMPS BIO LIMITEDSME IPO

  • Bidding Dates

    13th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹51.0 - 51.0

  • IPO Size

    ₹6,22,00,000

  • Apply Now
  • NACDAC INFRASTRUCTURE LIMITEDSME IPO Early Access

  • Bidding Dates

    17th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹33.0 - 35.0

  • IPO Size

    ₹10,01,00,000

  • Apply Now
  • NACDAC INFRASTRUCTURE LIMITEDSME IPO Early Access

  • Bidding Dates

    17th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹33.0 - 35.0

  • IPO Size

    ₹10,01,00,000

  • Apply Now
closed-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
  • SWIGGY LIMITEDMainboard IPO

  • Bidding Dates

    6th Nov 2024 - 11th Nov 2024

  • Price Range

    ₹371.0 - 390.0

  • IPO Size

    ₹1,13,27,43,00,000

  • Invest Now
performance-radio
  • IPO Name
  • ISSUE PRICE
  • LISTING DAY CLOSE
  • LISTING DAY(GAIN/LOSS)
  • Lorem Ipsum
  • ONYX BIOTEC LIMITEDSME IPO

  • Issue Price

    61.00

  • Listing Day Close

    56.75

  • Listing Day (Gain/Loss)

    -6.56

  • SWIGGY LIMITEDMainboard IPO

  • Issue Price

    390.00

  • Listing Day Close

    455.95

  • Listing Day (Gain/Loss)

    16.92

  • DANISH POWER LIMITEDSME IPO

  • Issue Price

    380.00

  • Listing Day Close

    598.50

  • Listing Day (Gain/Loss)

    57.63

We have something for everyone

Explore more Investment options

Stocks

Secure and enhance your financial future today

investment-card-icon

IPOs

Your gateway to future financial opportunities

investment-card-icon

MTF

Explore Buy Now Pay Later and boost your capital by up to 4x  

investment-card-icon

US Stocks

Discover opportunities to invest in elite FAANG stocks

investment-card-icon

Related Articles

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

8 Lacs+ Users

icon-with-text

4.4+ App Rating

icon-with-text

4 Languages

icon-with-text

₹4700+ Cr MTF Book

icon-with-text