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Open
30 Jul to 1 Aug, 2024
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Close
30 Jul to 1 Aug, 2024
3
Allotment
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Listing
Tue, Aug 6, 2024
Price Band
₹136 to ₹144
Issue Size
36,57,000 shares (agg. up to ₹53 Cr)
Lot Size
1,000 Shares
Listing Date
Tue, Aug 6, 2024
Latest GMP
₹80
Est. Gain
55.56%
✦ AI Insight
GMP Trend
06-08-2024₹80Est. ₹224+55.56%
05-08-2024₹80Est. ₹224+55.56%
04-08-2024₹75Est. ₹219+52.08%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 129.87x |
Restated Financials (₹ Cr.)
| 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Premier Roadlines Ltd. | SME | ₹40.36 Cr | ₹67 | 15.7 | ₹91.35 | +36.34% | ₹46.25 (+0.54%) |
| GConnect Logitech & Supply Chain Ltd. | SME | ₹5.60 Cr | ₹40 | 1.5 | ₹44.10 | +10.25% | ₹10.00 (+0.00%) |
| Sahara Maritime Ltd. | SME | ₹6.88 Cr | ₹81 | 15.03 | ₹81.16 | +0.20% | ₹22.00 (-2.22%) |
| S J Logistics (India) Ltd. | SME | ₹48.00 Cr | ₹125 | 14.14 | ₹183.75 | +47.00% | ₹336.65 (+1.25%) |
| Marinetrans India Ltd. | SME | ₹10.92 Cr | ₹26 | 14.53 | ₹31.00 | +19.23% | ₹14.15 (+4.81%) |
| Committed Cargo Care Ltd. | SME | ₹24.95 Cr | ₹77 | 10.94 | ₹86.10 | +11.82% | ₹330.00 (-2.37%) |
| Oneclick Logistics India Ltd. | SME | ₹9.91 Cr | ₹99 | 0.51 | ₹133.00 | +34.34% | ₹430.00 (+1.42%) |
| TVS Supply Chain Solutions Ltd. | Mainboard | ₹880.00 Cr | ₹197 | 189.42 | ₹201.00 | +2.03% | ₹138.59 (-0.11%) |
Objects of the Issue
| # | 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 |
About Ashapura Logistics IPO
Incorporated in 2009, Ashapura Logistics Limited is an Indian logistics company. They specialize in Handling cargo and forwarding freight Transportation, including project logistics and third-party logistics ("3PL") Warehousing and distribution 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. 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
Contact Details
Ashapura Logistics Ltd. AddressB-902 Shapath HexaOpp.High Court, S.G.HighwaySolaAhmedabad, Gujarat, 380060079-66111150cs.compliance@ashapura.inVisit Website