Ashapura Logistics Limited IPO Date, Price, Review and Details
Get Real-Time Updates on stock market trends and news
Get updates on stock market, Stock related news, Algo Trading, learn profitable strategies.
Join WhatsApp ChannelAshapura Logistics Limited IPO
Apply with Angel One
Apply with Zerodha
Pre-Apply with Upstox
Ashapura Logistics Limited IPO
Ashapura
Logistics Limited engaged in their company, ‘Ashapura Forwarders Private
Limited,’ was established in Ahmedabad, Gujarat, as a private limited company
on April 2, 2002. They are an integrated logistics company in India, providing
services in cargo handling and freight forwarding, transportation (including
project logistics and third-party logistics “3PL”), warehousing and
distribution, and coastal movement. They operate across India with nine branch
offices. They use an ‘asset-based’ business model, which means they either own
the essential assets like commercial vehicles, containers, and warehouses, or
get them from their business partners on lease. They have their own fleet of
vehicles and hire additional vehicles from their partners when needed.
Company Promoters:
- Mr. Sujith Chandrasekhar Kurup
- Mrs. Chitra Sujith Kurup
Objects of this Issue:
- Funding capital expenditure requirement of their company towards the purchase of trucks (“Vehicles”) and ancillary equipment.
- Construction of warehouses at their facilities located at Mundra, Gujarat.
- Funding the incremental working capital requirement of their company.
- General Corporate Purposes.
Financial Information of the Company:
Particular
Amount in Lakhs (Rs.)
As on 31 March 2024
As on 30 March 2023
As on 31 Mar 2022
Total Assets
12,644.88
10,461.66
11,568.76
Total Liabilities
7,102.48
5,701.86
7,753.44
Net Profit
1,235.71
944.49
781.56
Particular
Amount in Lakhs (Rs.)
As on 31 March 2024
As on 30 March 2023
As on 31 Mar 2022
Total Assets
12,644.88
10,461.66
11,568.76
Total Liabilities
7,102.48
5,701.86
7,753.44
Net Profit
1,235.71
944.49
781.56
Ashapura Logistics Limited IPO Schedule
1. Bid or Offer Opens on: 30
July 2024
2. Bid or Offer Closes on: 01
August 2024
3. Finalization of BoA: 02 August
2024
4. Initiation of Refunds: 05
August 2024
5. Credit of shares to Demat
account: 05 August 2024
6. Listing Date: 06 August
2024
Ashapura Logistics Limited IPO Lot Size
The market lot size of Ashapura Logistics Limited IPO is 2,000 shares. The minimum and maximum order quantity is as follows:
Application | Lots | Shares | Amount |
Minimum | 1 | 1000 | ₹144,000 |
Maximum | 1 | 1000 | ₹144,000 |
S-HNI(Minimum) | 2 | 2,000 | ₹288,000 |
Company Contact Details:
B-902 Shapath Hexa, Opp. High Court, S.G. Highway,
Sola,
Ahmedabad- 380060, Gujarat, India.
Phone: 079-66111150
Email: cs.compliance@ashapura.in
Website: www.ashapura.in
Ashapura Logistics Limited IPO Registrar Details:
Kfin Technologies Limited
Selenium Tower-B, Plot No. 31 & 32, Gachibowli,
Financial District, Nanakramguda,
Serilingampally, Hyderabad – 500032, Telangana
Telephone: +91-40-67162222
Email: bil.ipo@kfintech.com
Website: www.kfintech.com
0 comments