Ashapura Logistics IPO

Ashapura Logistics Ltd IPO offers 36.57L shares worth INR 52.66cr to fund trucks, equipment, warehouse construction, working capital, and general corporate purposes.

Important Details

Open Date : July 30, 2024 Close Date : August 1, 2024 Allotment Date: August 2, 2024 Listing Date: August 6, 2024

Important Details

IPO Price: INR 136-144 per share Lot Size: 1000 Shares Total Issue Size: INR 52.66 crores

Fundamental Analysis

Ashapura Logistics IPO analysis shows mixed performance: 1. Revenue decreased, Equity grew. 2. Improved profitability and EPS. 3. Declined RoNW, Increased total assets. 4. Indicates growth but liquidity challenges.

Peer Comparison

1. Ashapura Logistics Ltd: Moderate growth in revenue and profitability. 2. S J Logistics (India) Ltd: Strong performance with high EPS and RoNW, indicating robust financial health.

Objective

Ashapura Logistics Ltd Objective: 1. Purchase trucks & equipment. 2. Construct warehouses in Mundra and Gujarat. 3. Meet working capital needs

Risks And Challenges

Ashapura Logistics  IPO  risks: 1. Costs and disruptions from stringent regulations. 2. Delays in licenses and permits. 3. Adverse impact on operations and finance conditions.