Ashapura Logistics Limited

About the company

## **About Ashapura Logistics Limited** Incorporated in 2009, Ashapura Logistics Limited is a leading integrated logistics company based in India, renowned for its comprehensive services across various sectors. With a robust presence spanning over two decades, they specialize in four key areas cargo handling and freight forwarding, transportation, warehousing and distribution, and other services such as coastal movement. Their operations are supported by a nationwide network of nine branch offices strategically positioned to serve their diverse clientele effectively. Ashapura Logistics owns a substantial fleet of commercial vehicles, including 250 trucks, with a significant portion managed through our material subsidiary, Jai Ambe Transmovers Private Limited. This fleet expansion enables them to scale operations swiftly in response to increasing demand and capitalize on large business opportunities. Moreover, they bolster their cargo handling capabilities with ownership of 60 containers, providing a competitive edge in logistics management. Ashapura Logistics’s  warehouse distribution network comprises seven facilities located strategically across key regions like Gujarat, Maharashtra, Karnataka, and Tamil Nadu. These warehouses are pivotal in their ability to offer efficient storage and distribution solutions tailored to meet the specific needs of their clients. Coupled with their technology-first approach, which includes proprietary software like IMPEX for comprehensive operations management, they ensure seamless traceability and operational efficiency across their service offerings. Technology plays a central role in their operational strategy, facilitating agile and customized logistics solutions. They are continually enhancing their technological capabilities, with ongoing developments in software dedicated to optimizing their transportation segment. Their commitment to a 'technology-first' culture underscores their dedication to scaling operations efficiently while prioritizing enhanced customer experiences through streamlined processes and real-time tracking capabilities. Ashapura Logistics  operates with three subsidiary companies: Jai Ambe Transmovers Private Limited, specializing in transportation services; Ashapura Warehousing Private Limited, focused on warehouse and distribution services; and Amanzi International Private Limited, engaged in comprehensive logistics solutions. These subsidiaries complement their core offerings, further strengthening the position as a preferred partner for integrated logistics solutions in India. Ashapura Logistics stands out in the industry due to its extensive experience, robust infrastructure, technological prowess, and commitment to delivering superior logistics services across multiple domains. With a steadfast focus on quality, reliability, and customer satisfaction, they continue to innovate and expand their capabilities to meet the evolving needs of the logistics industry in India and beyond. Ashapura Logistics Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives: 1. Funding capital expenditure requirement of the company towards purchase of trucks (“Vehicles”) and ancillary equipment (“Equipment”).  1. Construction of warehouses at their facilities located at Mundra, Gujarat  1. Funding the incremental working capital requirement. 1. General Corporate Purposes

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   30 Jul 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   01 Aug 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   01 Aug 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   05 Aug 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   02 Aug 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   06 Aug 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.