Ashapura Logistics IPO Subscription Status: Ashapura Logistics IPO is Open on 30 July, 2024 and Close on 1 August, 2024. Ashapura Logistics IPO to Raise 3,657,000 shares (Approx ₹52.66 Cr) via IPO. The Fresh Issue of 3,657,000 shares (Approx ₹52.66 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
Ashapura Logistics IPO is an SME IPO and Listed on NSE SME. Ashapura Logistics IPO Price Band is Fixed at ₹136 to ₹144 Equity Share. Ashapura Logistics IPO Lot Size is 1000 Shares.
About Ashapura Logistics IPO :
- Ashapura Logistics are an integrated logistics company in India, primarily operating in (i) Cargo handling and freight forwarding segment; (ii) Transportation (including project logistics and third-party logistics (“3PL”)); (iii) Warehousing and Distribution and (iv) other services (including coastal movement). We have pan-India operations through our network of 9 (Nine) branch offices as at the Date of Draft Red Herring Prospectus.
- With over 20 (Twenty) years of our operational experience since inception, we provide differentiated logistics solutions with our: (a) pan-India presence, (b) integrated service offerings, (c) focus on improving service through technology, and (d) large network of vehicle fleet. Our management has focused on providing quality services to our customers over decades of operations and thereby building credibility with our customer base, including our longstanding customers.
Also Read: Ashapura Logistics IPO Details, GMP Price, Date, Review
Ashapura Logistics IPO Subscription Status, Rate bid times
Inv Category
Shares Reserved
No. of Shares bid for
No. of Times (Subscription)
Qualified Buyers (QIBs)
6,96,000
8,92,48,000
128.23
Non Institutional Buyers (NIIs)
5,22,000
15,10,31,000
289.16
Retail Individual Buyers (RIIs)
12,16,000
21,18,37,000
174.01
Anchor Investor
10,40,000
10,40,000
1
Market Maker
1,83,000
1,83,000
1
Total
24,34,000
45,21,16,000
185.03
Ashapura Logistics Subscription Status day-by-day-
Categories
30 July
31 July
1 August
QIB
1.50
2.70
128.23
NII
1.92
9.77
289.16
RII
5.96
26.56
174.01
Total
3.82
16.14
185.03
Ashapura Logistics Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).
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