Ashwini Container Movers IPO

About the company

Ashwini Container Movers is a commercial transportation and logistics service provider specialising in surface cargo movement across India. The company offers full container load (FCL) focused services, along with LCL, reefer/dry containers, and ODC cargo movement. It is currently established as a second-party logistics (2PL) provider, wherein the company directly outsources its transportation needs to a service provider, which is supported by 300+ GPS-enabled 20-feet and 40-feet trucks. The company caters to B2B clients, transporting bulk import-export cargo between factories and ports. The logistics industry accounted for 49.2% of the total revenue in H1FY26, the transportation sector made up 13.7%, while the automobile industry and agriculture sector contributed 7.86% and 8.01% respectively. As of September 2025, it had 53 20ft fleet, 259 40ft fleet and handled 13,681 containers. Regionally, Maharashtra constituted 83.3% of revenue, Gujarat 4.25%, Goa 4.60% and other states 7.83%. The company served a total of 236 customers, out of which 88 were newly acquired customers, as of September 2025.

Financial performance (₹ Cr)

Subscription breakup (final, times)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   12 Dec 2025

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   16 Dec 2025

   Last day to place your bid

3. Basis of Allotment

   Completed
   17 Dec 2025

   Share allotment finalised

4. Refund Initiation

   Completed
   18 Dec 2025

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   18 Dec 2025

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   19 Dec 2025

   Shares list on NSE / BSE

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