31 Mar 2022
Assets115.69
Total Income227.14
Profit After Tax7.88
NET Worth38.52
Reserves and Surplus38.15
Total Borrowing0.08
At a glance
Updated 2026-09-13The shares listed at ₹185.00, a 28.47% move from the issue price. Ashapura Logistics is a SME IPO with an issue size of ₹52.66 crore, proposed for listing on NSE SME. The offer opens on 30th Jul 2024 and closes on 1st Aug 2024. The issue structure includes a fresh issue of ₹50.03 crore. The current listing schedule points to 6th Aug 2024.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹52.66 Cr
Fresh issue₹50.03 Cr
Face value₹10
Price band₹136.00–₹144.00
Allotment2nd Aug 2024
Listing6th Aug 2024
Listing performance
Full performance ↗Issue price₹144.00
Listing price₹185.00
Current price—
Listing gain28.47%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹80.00
GMP / upper price55.56%
Est. listing₹224.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens30th Jul 2024
Closes1st Aug 2024
Allotment2nd Aug 2024
Refund5th Aug 2024
Demat5th Aug 2024
Listing6th Aug 2024
Subscription demand
Full bidding ↗Total185.75×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1000 | ₹144,000 |
Company
Incorporated2009
Use of proceeds
| Object | Amount |
|---|---|
| Purchase of Vehicles and Equipment | ₹15.02 Cr |
| Construction of warehouses at our facilities located at Mundra, Gujarat | ₹16.40 Cr |
| Working Capital Requirement | ₹6.00 Cr |
| General Corporate Purpose | ₹10.20 Cr |
| Public Issue Expenses | ₹5.05 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue199.35₹ Cr · -10.4% vs prior year
PAT12.35₹ Cr · +30.4% vs prior year
Assets126.45₹ Cr · +20.9% vs prior year
Net Worth65.32₹ Cr · +36.2% vs prior year
Borrowing0.13₹ Cr · +30.0% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2023
Assets104.62
Total Income222.60
Profit After Tax9.47
NET Worth47.97
Reserves and Surplus47.60
Total Borrowing0.10
31 Mar 2024
Assets126.45
Total Income199.35
Profit After Tax12.35
NET Worth65.32
Reserves and Surplus55.42
Total Borrowing0.13
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 21.82% |
| ROCE | 20.69% |
| Debt / Equity | 0.63% |
| RoNW | 18.92% |
| PAT Margin | 4.86% |
| Price to Book Value | 2.18 |
Valuation & shareholding
Pre-IPO EPS12.48
Post-IPO EPS9.11
Pre-IPO P/E11.54
Post-IPO P/E15.8
Promoter holding pre92.45%
Promoter holding post67.51%
Market cap₹195.21 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Ashapura Logistics IPO | — | 15.80 x | — | — |
| Sampark India IPO | — | 11.86 x | — | — |
| Global Ocean IPO | — | 16.53 x | — | — |
| Neptune Logitek IPO | — | 17.90 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Purchase of Vehicles and Equipment | ₹15.02 Cr |
| Construction of warehouses at our facilities located at Mundra, Gujarat | ₹16.40 Cr |
| Working Capital Requirement | ₹6.00 Cr |
| General Corporate Purpose | ₹10.20 Cr |
| Public Issue Expenses | ₹5.05 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- Beeline Capital Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-13.
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