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Ashapura Logistics Limited

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 Price185.00
Listing Gain+28.47%
TimelineBookbuilding IPO
Open30 Jul 2024
Close01 Aug 2024
Allotment02 Aug 2024
Listing06 Aug 2024

Quota Reservation Portions

RetailPortion: 12,16,000 shares
33.25%
Nii (hni)Portion: 5,22,000 shares
14.27%
AnchorPortion: 10,40,000 shares
28.44%
QIBPortion: 6,96,000 shares
19.03%
Market MakerPortion: 1,83,000 shares
5%

Minimum Application Bracket Matrix

Retail1 lots / 1,000 shares
₹1,44,000
HNI2 lots / 2,000 shares
₹2,88,000

About the Company

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.

Company Promoters

Mr. Sujith Chandrasekhar KurupMrs. Chitra Sujith Kurup