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Ashapura Logistics IPO is a Book Building IPO listing on NSE EMERGE exchange. The company is based in Ahmedabad and caters to Logistics sector. Beeline Capital Advisors is the merchant banker of Ashapura Logistics IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 16th April 2024.
Ashapura Logistics IPO open date is 30th July 2024 and close date is 1st August 2024. IPO Allotment Date is 2nd August 2024 and Listing date is 6th August 2024.
IPO
Size:
₹ 52.66 Cr.
Avg IPO Size (Sector Based)
: ₹
25.01 cr.
Sector: Logistics
SME
IPO so far:
48
Merchant Banker:
Beeline Capital
SME
IPO by BRLM so far:
73
City:
Ahmedabad
SME
IPO so far:
174
Revenue (annualised):
₹
199.35
cr. 
PE
Ratio:
15.80x
Average Sector PE Ratio: 15.95x
Ashapura Logistics IPO size is ₹ 52.66 Cr. with IPO price of ₹ 144.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Beeline Capital Advisors Private Limited is the book-running lead manager of the Ashapura Logistics IPO. Kfin Technologies Limited is the Registrar and Market Maker is Spread X Securities Private Limited for Ashapura Logistics IPO.
Ashapura Logistics IPO anchor investors are the below investors. The number of anchor investors in this IPO is 11.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in ₹.) | Amount Invested (in ₹.) |
|---|---|---|---|
| Nav Capital Vcc | 140,000.00 | ₹ 144.00 | ₹ 20,160,000.00 |
| Ag Dynamic Fund | 140,000.00 | ₹ 144.00 | ₹ 20,160,000.00 |
| Capri Global Capital | 139,000.00 | ₹ 144.00 | ₹ 20,016,000.00 |
| M7 Global Fund | 131,000.00 | ₹ 144.00 | ₹ 18,864,000.00 |
| Craft Emerging Market | 70,000.00 | ₹ 144.00 | ₹ 10,080,000.00 |
| Saint Capital Fund | 70,000.00 | ₹ 144.00 | ₹ 10,080,000.00 |
| Nova Global Opportunities | 70,000.00 | ₹ 144.00 | ₹ 10,080,000.00 |
| Kingsman Wealth Fund | 70,000.00 | ₹ 144.00 | ₹ 10,080,000.00 |
| Moneywise Financial Services | 70,000.00 | ₹ 144.00 | ₹ 10,080,000.00 |
| Rajasthan Global Securities | 70,000.00 | ₹ 144.00 | ₹ 10,080,000.00 |
| Strategic Sixth Sense | 70,000.00 | ₹ 144.00 | ₹ 10,080,000.00 |
Ashapura Logistics IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Ashapura Logistics IPO, based in Ahmedabad, operates in the Logistics sector with a focus on handling cargo and forwarding freight. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Ashapura Logistics IPO size is ₹ 52.66 Cr. with fresh issue size of ₹ 52.66 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Ashapura Logistics IPO is expected to be 2nd August 2024, after the finalization of basis of allotment. Investors can check Ashapura Logistics IPO allotment status on the registrars website, Kfin Technologies Limited. Ashapura Logistics IPO refund dates are 5th August 2024.
Ashapura Logistics IPO is expected to be listed on 6th August 2024.
The upper price band for the Ashapura Logistics IPO is set at ₹ 144.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Ashapura Logistics IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Ashapura Logistics IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 1st August 2024. After submission, funds are blocked until the basis of allotment of Ashapura Logistics IPO is finalised.
The merchant banker for Ashapura Logistics IPO is Beeline Capital Advisors Private Limited . Beeline Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Ashapura Logistics IPO RHP for further details.
The registrar for Ashapura Logistics IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Ashapura Logistics IPO through their official website or helpline.
Ashapura Logistics IPO was subscribed 185.75 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 52.66 Cr.
Avg IPO Size (Sector Based)
:
₹ 25.01 Cr.
Sector: Logistics
SME
IPO so far:
48
Merchant Banker:
Beeline Capital
SME
IPO by BRLM so far:
73
City:
Ahmedabad
SME
IPO so far:
174
Revenue (annualised):
₹ 199.35 cr.
PE
Ratio:
15.80x
Average Sector PE Ratio: 15.95x
Ashapura Logistics IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Ashapura Logistics Financial Review Page
Merchant Banker(s) of Ashapura Logistics IPO: Beeline Capital Advisors Private Limited
Ashapura Logistics IPO subscription was 185.75 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Ashapura Logistics IPO listed at a listing price of 185.00 against the offer price of 144.00.
The current market price of Ashapura Logistics is 77.20.
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