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Ashapura Logistics Ltd

Registered Office : B-902 Shapath Hexa Opp. High-,Court S.G. Highways Sola,Ahmedabad Gujarat 380060 Phone : 079-6611 1150
Fax :

Email : cs.compliance@ashapura.in

Website : www.ashapura.in

Initial public issue of 3657000 equity shares of face value of Rs. 10/- each of Ashapura Logistics Limited ("Ashapura", "ALL" or the "Company" or the "Issuer") for cash at a price of Rs. 144/- per equity share including a share premium of Rs. 134/- per equity share (the "Issue Price") aggregating to Rs. 52.66 crores ("The Issue"), of which 183000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 144/- per equity share including a share premium of Rs. 134/- per equity share aggregating to Rs. 2.64 crores was reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 3474000 equity shares of face value of Rs. 10/- each at a price of Rs. 144/- per equity share including a share premium of Rs. 134/- per equity share aggregating to Rs. 50.02 crores is herein after referred to as the "Net Issue". The issue and the net issue constituted 26.98% and 25.63%, respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each.

Issue

Opens On

Closes On

30-Jul-2024

01-Aug-2024

Money Payable On

Application

Allotment

144.00

0.00

Minimum Application for shares in Nos : 1000.0 Further Multiples of : 1000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

47.62

52.66

13.56

144.00

Beeline Capital Advisors Pvt Ltd

Projects

Purchase of Vehicles and Equipment

Construction of warehouse at its facilities located at

Working Capital Requirements

General Corporate Purposes^

Promoted By

Sujith Chandrasekhar Kurup

Chitra Sujit Kurup

Listing At

NSE - SME

Registrar to the Issue

KFin Techologies Ltd