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Ashapura Logistics Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Ashapura Logistics Ltd IPO

Registered Office: B-902 Shapath Hexa Opp. High-,Court S.G. Highways Sola , Ahmedabad - 380060 , Gujarat , India.
Phone : 079-6611 1150   Fax:
Email :  cs.compliance@ashapura.in  
Website :  www.ashapura.in
Initial public issue of 3657000 equity shares of face value of (Rs)10/- each of Ashapura Logistics Limited ("Ashapura", "ALL" or the "Company" or the "Issuer") for cash at a price of (Rs)144/- per equity share including a share premium of (Rs)134/- per equity share (the "Issue Price") aggregating to (Rs)52.66 crores ("The Issue"), of which 183000 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)144/- per equity share including a share premium of (Rs)134/- per equity share aggregating to (Rs)2.64 crores was reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 3474000 equity shares of face value of (Rs)10/- each at a price of (Rs)144/- per equity share including a share premium of (Rs)134/- per equity share aggregating to (Rs)50.02 crores is herein after referred to as the "Net Issue". The issue and the net issue constituted 26.98% and 25.63%, respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is (Rs)10/- each.

Issue Money Payable On
Opens On Closes On Application Allotment
30-Jul-24 01-Aug-24 (Rs)144.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1000  Further Multiples of :1000

  (Rs Cr) Lead Managers to the Issue
Project Cost 47.62
Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 52.66  
Post Issue Equity Share Capital 13.56  
Issue Price (Rs)144.00  
 
Projects
Purchase of Vehicles and EquipmentWorking Capital Requirements
Construction of warehouse at its facilities located atGeneral Corporate Purposes^
Promoted By
Sujith Chandrasekhar Kurup  
Chitra Sujit Kurup  
Listing At
NSE - SME 
Registrar to the Issue
KFin Techologies Ltd