Ashapura Logistics
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 29-07-2024 | 31-07-2024 | 10 | 144 | 1000 Shares | NSE SME | 3,657,000 shares (aggregating up to ₹52.66 Cr) | 2024-08-01 18:30:00 | 2024-08-04 18:30:00 | 2024-08-04 18:30:00 | 05-08-2024 |
About The Company
Ashapura Logistics IPO is a book built issue of Rs 52.66 crores. The issue is entirely a fresh issue of 36.57 lakh shares.
Ashapura Logistics IPO opens for subscription on July 30, 2024 and closes on August 1, 2024. The allotment for the Ashapura Logistics IPO is expected to be finalized on Friday, August 2, 2024. Ashapura Logistics IPO will list on NSE SME with tentative listing date fixed as Tuesday, August 6, 2024.
Ashapura Logistics IPO price band is set at ₹136 to ₹144 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹144,000. The minimum lot size investment for HNI is 2 lots (2,000 shares) amounting to ₹288,000.
Beeline Capital Advisors Pvt Ltd is the book running lead manager of the Ashapura Logistics IPO, while Kfin Technologies Limited is the registrar for the issue. The market maker for Ashapura Logistics IPO is Spread X Securities.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-03-2024 | 12645 | 19935 | 1235 | 6532.31 | 5542.4 | 12.9 |
| 30-03-2023 | 10462 | 22260 | 947 | 4796.6 | 4759.8 | 9.87 |
| 30-03-2021 | 11569 | 22714 | 788 | 3852.04 | 3815.32 | 8.17 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| Qualified Institutions | 128.23 |
| Non-Institutional Buyers | 128.23 |
| Retail | 174.21 |
| total | 185.75 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | 144000 |
| Retail (Max) | 1 | 1000 | 144000 |
| HNI (Min) | 2 | 2000 | 288000 |
IPO Listing Details
| Listing Date | 05-08-2024 |
| BSE Script Code | - |
| NSE Symbol | ASHALOG |
| ISIN | INE0LAA01017 |
| Final Issue Price | 144 |
Promoter holdings
Mr. Sujith Chandrasekhar Kurup and Mrs. Chitra Sujith Kurup.
Contact Information of the Company
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/
IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: all.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Manager
Beeline Capital Advisors Pvt Ltd (Past IPO Performance)