Ashapura Logistics IPO Review, Date, Price, GMP

Ashapura Logistics, an established logistics company based in India provides services in important areas; (i) managing cargo and handling freight shipments, (ii) transportation services covering project logistics and third-party logistics (3PL) (iii) storage and distribution solutions, and (iv) additional services, like coastal transport. With a presence across India, service options, an emphasis, on leveraging technology to improve operations and a sizable fleet of vehicles Ashapura Logistics delivers comprehensive logistic solutions.

Ashapura Logistics follows a business approach centered around assets, where they either own or lease assets, like trucks, containers, and warehouses. The company operates a fleet of 245 trucks with 181 trucks, from its subsidiary Jai Ambe Transmovers Private Limited, which focuses on transportation services. Furthermore, Ashapura Logistics possesses 60 containers of 40 TEUs to improve its ability to handle cargo effectively.

They serve clients from a range of sectors such, as automotive, paper, textile, and steel. Some noteworthy customers are Ford India Private Limited, Piramal Glass Private Limited, TT Steel Services Private Limited, Atul Limited, and JK Paper Limited.

Ashapura Logistics IPO Complete Details:

Ashapura Logistics IPO Timetable:

Company Financial Details:

AS OF NOW, the GMP Of Ashapura Logistics is Around 95 Rs.

Objects Of Issue:

1. Financing capital expenditures for acquiring trucks and ancillary equipment.

2. Constructing warehouses at our facilities in Mundra, Gujarat.

3. Supporting the increased working capital needs of our company.

4. Covering general corporate expenses.

Promoters:

• MR. SUJITH CHANDRASEKHAR KURUP
• MRS. CHITRA SUJITH KURUP

FAQs: