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IPO Snapshot
Ashapura Logistics Ltd.
Issue Open Date 30-Jul-24  
Issue Closing Date 01-Aug-24  
Application Money 100  
Allotment Money  
Price Band 136 - 144  
Minimum Bid Quantity. 1000  
Issue Size (Shares) 2617000  
Market Lot 1  
Objective :
1. Funding capital expenditure requirement of our company towards purchase of trucks (“Vehicles”) and ancillary equipment (“Equipment”).2. Construction of warehouses at our facilities located at Mundra, Gujarat3. Funding the incremental working capital requirement of our company4. General Corporate Purposes
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors     151235000    
Qualified Institutional Buyers     89248000    
Retail Individual Investors     89248000    
Business Description
We rely on an ‘asset-based’ business model wherein the assets necessary for quality services to our customers, such as commercial vehicles, containers and warehouses, are either owned or provided by a network of our business partners on lease basis. Accordingly, we h...
Promoter's Holding
Total Share Capital   9151922  
Offered to Public   3657000  
Promoter's Holding (Pre-Issue)   92.45  
Promoter's Holding (Post-Issue)   67.51  
More
Address
B-902 Shapath Hexa
Opp. High Court
S. G. Highway
Sola
Ahmedabad ,
Gujarat ,
380060
Phone : 079-66111150
Email : cs.compliance@ashapura.in
Website : www.ashapura.in
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
Listed at
NSE
Lead Manager
Beeline Capital Advisors Pvt Ltd.
Promoters
Chitra Sujith Kurup
Sujith Chandrasekhar Kurup
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