
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
Overall Subscription
1.78x
Total Demand
QIB Multiplier
1.31x
Institutions & Funds
NII / HNI
3.85x
High Net-Worth
Retail (RII)
1.15x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 948,000 | 1,243,000 | 1.31x |
| NIB | 720,000 | 2,772,000 | 3.85x |
| HNIs(10L +) | 480,000 | 2,417,000 | 5.04x |
| HNIs (2-10L) | 240,000 | 355,000 | 1.48x |
| RETAIL | 1,666,000 | 1,918,000 | 1.15x |
| Total | 4,054,000 | 8,705,000 | 1.78x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 4 | 0.00x |
| NIB | — | 246 | 0.00x |
| RETAIL | 833 | 959 | 1.15x |
| HNIs(10L +) | 160 | 132 | 0.82x |
| HNIs (2-10L) | 80 | 114 | 1.43x |
| Total Applications | 1,073 | 1,455 | 1.36x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Ashwini Container Movers Limited IPO is ₹2 per equity share. Based on the upper price band of ₹135 to ₹142 per equity share, the estimated listing price is ₹144 (+1.4% expected listing gain).
With a lot size of 1000 shares and current GMP of ₹2, the expected profit per application lot is approx ₹2,000 (+1.4% gain). Minimum application cost is approx ₹1,42,000.
The Ashwini Container Movers Limited IPO aggregate issue size is ₹71 Crores with an equity price band set at ₹135 to ₹142 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,42,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.78x (Retail: 1.15x, QIB: 1.31x, NII: 3.85x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2025-12-17. Investors can verify status using PAN card or application number.
Ashwini Container Movers Limited shares are scheduled to list on NSE on 2025-12-19.