
Logistics & Transportation · NSE
Ashwini Container Movers Limited, incorporated in April 2012, is a transportation company specializing in cargo movement across India, primarily in Maharashtra and Gujarat. As of September 30, 2024, it operates a fleet of over 250 containerized trucks, including 20-foot and 40-foot vehicles, serving B2B customers by transporting bulk goods between factories and ports for importers and exporters. The company focuses on Full Container Load (FCL) shipments with reefer and dry containers, while also handling Less Container Load (LCL) and Over Dimension Cargo (ODC), ensuring secure delivery of large consignments. Its operations are supported by 24 permanent drivers, 41 staff members, and over 200 on-demand drivers. The company is certified with ISO 9001, 14001, and 45001 standards, and complies with GDP for product distribution, CTPAT US standards, and FSSAI regulations.
Price Band
₹135 – ₹142
Issue Size
₹71.00 Cr
Lot Size
1000 shares
GMP
+1.4%
Est. Listing
₹144
at current GMP
Subscribed
1.78x
overall
Open
12 Dec 2025
Close
16 Dec 2025
Allotment
17 Dec 2025
Refund
18 Dec 2025
Demat Credit
19 Dec 2025
Listing
19 Dec 2025
Designated Registrar: Bigshare Services Private Limited
Allotment Date
17 Dec 2025
Basis finalization
Refunds Initiate
18 Dec 2025
Mandate release
Demat Credit
19 Dec 2025
Shares in demat
Listing Debut
19 Dec 2025
Trading begins
Ashwini Container Movers Limited is bringing an initial public offering (IPO) in the Logistics & Transportation sector with an aggregate issue size of ₹71 Crores. The shares are offered at a price band of ₹135 to ₹142 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,42,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-12-19, while un-allotted funds or UPI block mandates will be released on 2025-12-18.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.