IPO Details

Ashapura Logistics Ltd
Registered Office: B-902 Shapath Hexa Opp. High-, Court S.G. Highways Sola, Ahmedabad - 380060, Gujarat
Phone: 079-6611 1150
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-2024	01-Aug-2024	₹ 144.00	₹ 0.00

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