As of July 29, 2024, Ashapura Logistics IPO has a ₹55 as Grey Market Premium, with a price range of ₹136 to ₹144 per share. Offering lots of 1000 shares, the subscription window is open from July 30 to August 1, 2024.
Ashapura Logistics Limited IPO GMP Today
The Grey Market Premium (GMP) for Ashapura Logistics Limited is ₹55 as of July 29, 2024. This assessment coincides with a price of ₹136 to ₹144 per share for the IPO.
Ashapura Logistics Limited IPO Review
Ashapura Logistics Limited shows a complex financial landscape with declining revenue yet increased equity, signalling expansion efforts. Profitability and EPS have improved significantly, bolstering investor confidence despite reduced revenue over the past years.
While the company’s total assets have grown, indicating business growth, RoNW has decreased, reflecting challenges in generating shareholder returns. The increased current ratio also suggests potential liquidity challenges in fulfilling short-term obligations.
To get a full IPO review, click here Ashapura Logistics IPO
Ashapura Logistics Limited IPO Date
Ashapura Logistics Limited will start accepting subscriptions from July 30, 2024, to August 1, 2024.
Ashapura Logistics Limited IPO Price
Ashapura Logistics Limited’s price range is ₹136 to ₹144 per share with a face value of ₹10 each.
Ashapura Logistics Limited
Ashapura Logistics Limited, a seasoned logistics provider in India, offers a comprehensive range of services including cargo handling, transportation, warehousing, and coastal movements. With two decades of experience, the company boasts a nationwide reach, delivering technology-enhanced, high-quality logistics solutions that cater to diverse client needs.
How To Apply For Ashapura Logistics Ltd IPO?
To apply for the Ashapura Logistics IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Ashapura Logistics on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Ashapura Logistics IPO at Alice Blue in just a few clicks!