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Open
28 Mar to 3 Apr, 2018
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Close
28 Mar to 3 Apr, 2018
3
Allotment
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Listing
Wed, Apr 11, 2018
Price Band
₹105 to ₹107
Issue Size
30,90,000 shares (agg. up to ₹33 Cr)
Lot Size
1,200 Shares
Listing Date
Wed, Apr 11, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.09x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 90.41 | 83.53 | 69.97 | 60.96 |
| Total Income | 103.59 | 194.86 | 192.29 | 183.32 |
| Profit After Tax | 3.46 | 4.43 | 3.80 | 3.19 |
| EBITDA | 10.55 | 16.67 | 16.00 | 13.21 |
| NET Worth | 25.62 | 21.82 | 17.37 | 12.35 |
| Reserves and Surplus | 21.38 | 17.58 | 13.13 | 9.33 |
| Total Borrowing | 42.75 | 43.01 | 35.93 | 30.76 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Orissa Bengal Carrier Ltd. | SME | ₹16.69 Cr | ₹30 | null | ₹33.45 | +11.50% | ₹53.45 (+0.00%) |
| Shreeji Translogistics Ltd. | SME | ₹12.40 Cr | ₹130 | null | ₹132.00 | +1.54% | ₹8.28 (-0.96%) |
| Total Transport Systems Ltd. | SME | ₹17.01 Cr | ₹45 | null | ₹54.00 | +20.00% | ₹53.42 (-2.21%) |
| Jalan Transolutions (India) Ltd. | SME | ₹17.71 Cr | ₹46 | null | ₹41.95 | -8.80% | ₹1.75 (-2.78%) |
| Future Supply Chain Solutions Ltd. | Mainboard | ₹649.70 Cr | ₹664 | null | ₹686.35 | +3.37% | ₹2.75 (+5.00%) |
| Mahindra Logistics Ltd. | Mainboard | ₹828.88 Cr | ₹429 | null | ₹429.50 | +0.12% | ₹387.35 (+0.43%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up warehousing facilities at Agartala and Mysore | 12.00 |
| 2 | Working Capital Requirement | 12.75 |
| 3 | General Corporate Purpose | 4.84 |
| Total | 29.59 |
About AVG Logistics IPO
Incorporated in 2010, Delhi based AVG Logistics Limited is a third-party logistics service operator. The company offers Full Truck Load (FTL) and “hub-and-spoke” transportation model and warehousing services to select clients with the pan-India distribution network and automated technology systems. AVG offers its customers services in three key areas:(1) Transportation whereby we provide point-to-point, less than truck-load, time-definite transportation services;(2) Warehousing whereby we provide warehousing, distribution and cold-chain warehousing; and (3) Value-added Services including, temperature-controlled logistics, supply chain solutions and cargo handling services at integrated check posts.As of September 30, 2017, the company had five (5) trans-shipment centres at Guwahati, Bangalore, Hyderabad, DelhiUP border, and Kundli (Delhi-Haryana border) and forty nine (49) branches across India, covering twenty three (23) states as of September 30, 2017. It operates two hundred sixty four (264) owned containerised vehicles which are GPS-enabled vehicles, of which eighty five (85) are refrigerated (reefer) trucks. AVG also provides warehousing facilities to select customers and the
Contact Details
AVG Logistics Ltd. AddressShop No.25DDA MarketSavita ViharDelhi, New Delhi, 110092+91 11 4567 4071compliances@avglogistics.comVisit Website