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IPO Synopsis

Ashapura Logistics Ltd
  • 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
Opens On Closes On
30-Jul-24 01-Aug-24
Money Payable On
Application Allotment
144.00 0.00
Minimum Application for shares in Nos : 1000 Further Multiples of : 1000
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 47.62 Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer (.Cr) 52.66  
Post Issue Equity Share Capital (.Cr) 13.56
Issue Price () 144.00
Projects
Purchase of Vehicles and Equipment
Construction of warehouse at its facilities located at
Working Capital Requirements
General Corporate Purposes^
Promoted By
Sujith Chandrasekhar Kurup
Chitra Sujit Kurup
Listing At
NSE - SME
Registrar to the Issue
No Data Available
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