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ASHALOGSME / NSEListed
Ashapura Logistics

Incorporated in 2009, Ashapura Logistics Limited is an Indian logistics company offering end-to-end services in cargo handling, freight forwarding, transportation, project logistics, third-party logistics (3PL), warehousing, distribution, and coastal movement. With ISO 9001:2015 certification, the company delivers reliable solutions across customs clearance, supply chain management, and multimodal logistics, supported by a nationwide network and a robust fleet. Its freight forwarding team operates from Ahmedabad with branches at major ports such as Hazira, Mundra, Pipavav, Kandla, JNPT, and other ICDs, providing forwarding and CHA services. As of March 31, 2024, Ashapura Logistics managed a fleet of 250 trucks—181 owned by its subsidiary and 69 by the company—and by July 2024 operated seven warehouses with a combined storage capacity of about 284,000 sq. ft. As of June 30, 2024, it employed over 219 personnel, including more than 111 in operations and transportation.

₹136 - ₹144185.88x sub
Listed Price₹185.00
Listing Gain+28.47%

IPO Schedule & Timeline

Bookbuilding IPO
Open30 Jul 2024
Close01 Aug 2024
Allotment02 Aug 2024
Listing06 Aug 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail12,16,000 shares
33.25%
Nii (hni)5,22,000 shares
14.27%
Anchor10,40,000 shares
28.44%
QIB6,96,000 shares
19.03%
Market Maker1,83,000 shares
5%

Minimum Application Lots

Retail1 Lot (1,000 shares)
₹1,44,000
HNI2 Lots (2,000 shares)
₹2,88,000

Company Promoters

Mr. Sujith Chandrasekhar KurupMrs. Chitra Sujith Kurup

Company Background

Incorporated in 2009, Ashapura Logistics Limited is an Indian logistics company offering end-to-end services in cargo handling, freight forwarding, transportation, project logistics, third-party logistics (3PL), warehousing, distribution, and coastal movement. With ISO 9001:2015 certification, the company delivers reliable solutions across customs clearance,...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-24)₹19934.57 Cr
Growth-12.2%
Revenue Trend (₹ in Crores)
0.08.7k17.4k26.1kMar-22Mar-23Mar-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-2419,934.571,235.4412,644.8812.90
Mar-2322,260.31946.9810,461.669.87
Mar-2222,713.84788.2611,568.768.17

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-2412.921.82%20.69%11.5415.8
Mar-239.8721.84%18.68%00
Mar-228.1722.61%18.49%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
02 Aug 2024
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
06 Aug 2024

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Ashapura Logistics. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization02 Aug 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date06 Aug 2024Trading commences on exchange

How to Check Ashapura Logistics Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Ashapura Logistics from the issue drop-down list.

3Enter Details

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4View Allocation

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Prospectus & Official Filings

Allotment FAQs & Help

About Ashapura Logistics IPO

Complete issue overview for Ashapura Logistics (ASHALOG) IPO. The issue features an equity share price band of ₹136 – ₹144 per share with a minimum retail lot size of 1000 Shares (minimum application amount of ₹1,44,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions