
Services / Transportation & Logistics · NSE
Incorporated in 2009, Ashapura Logistics Limited is an Indian logistics company offering end-to-end services in cargo handling, freight forwarding, transportation, project logistics, third-party logistics (3PL), warehousing, distribution, and coastal movement. With ISO 9001:2015 certification, the company delivers reliable solutions across customs clearance, supply chain management, and multimodal logistics, supported by a nationwide network and a robust fleet. Its freight forwarding team operates from Ahmedabad with branches at major ports such as Hazira, Mundra, Pipavav, Kandla, JNPT, and other ICDs, providing forwarding and CHA services. As of March 31, 2024, Ashapura Logistics managed a fleet of 250 trucks—181 owned by its subsidiary and 69 by the company—and by July 2024 operated seven warehouses with a combined storage capacity of about 284,000 sq. ft. As of June 30, 2024, it employed over 219 personnel, including more than 111 in operations and transportation.
Price Band
₹136 – ₹144
Issue Size
₹52.66 Cr
Lot Size
1000 shares
GMP
+55.6%
Est. Listing
₹224
at current GMP
Subscribed
185.88x
overall
Open
30 Jul 2024
Close
1 Aug 2024
Allotment
2 Aug 2024
Refund
3 Aug 2024
Demat Credit
4 Aug 2024
Listing
6 Aug 2024
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹144
Band: ₹136 – ₹144
Estimated Listing Price
₹224
Upper price + GMP
Lot Size
1000 shares
Min investment ₹1,44,000
Estimated Profit / Lot
₹80,000
1000 × ₹80
Grey Market Premium trend
+₹80
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹80 | 55.6% | ₹224 |
| 30 Oct 2026 | +₹80 | 55.6% | ₹224 |
| 29 Oct 2026 | +₹72 | 50.0% | ₹216 |
GMP is unofficial market data. Not a guarantee of listing performance.
Ashapura Logistics Limited is bringing an initial public offering (IPO) in the Services / Transportation & Logistics sector with an aggregate issue size of ₹52.66 Crores. The shares are offered at a price band of ₹136 to ₹144 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-08-01, the basis of allotment is scheduled to be finalized on 2024-08-02. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
The latest grey market premium for Ashapura Logistics Limited IPO is ₹80, which indicates an expected listing price of ₹224.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.