IPO details · Updated
Apana Logistics Limited
- Price Band
- ₹60
- Lot Size
- 2,000 shares
- Min. Investment
- ₹1,20,000
- Issue Size
- ₹34.14 Cr
- Offer Dates
- 7 Sept – 9 Sept 2026
- Listing
- 15 Sept 2026
Issue Details
- Total Issue Size
- ₹34.14 Cr
- 56,90,000 shares
- Fresh Issue
- ₹34.14 Cr
- 56,90,000 shares
- Offer for Sale
- ₹0 Cr
- Face Value
- ₹10 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE SME
- Shares Pre-Issue
- 1,18,20,000
- Shares Post-Issue
- 1,75,10,000
IPO Timeline
Offer opens
7 Sept 2026
Offer closes
9 Sept 2026
Allotment
10 Sept 2026
Listing
15 Sept 2026
Issue Allocation
Share of the offer reserved for each investor category
- HNI47.5%27,00,000 shares
- Retail47.5%27,00,000 shares
- MarketMaker5.1%2,90,000 shares
Subscription Status
Times subscribed by investor category
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| NII | 27,00,000 | 7,56,000 | 0.28x |
| Retail | 27,00,000 | 60,21,000 | 2.23x |
| Total | 54,00,000 | 67,77,000 | 1.25x |
Lot Size & Investment
1 lot = 2,000 shares
Retail (min)
2 lots · 4,000 shares
Retail (max)
2 lots · 4,000 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 2 | 4,000 | ₹2,40,000 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 36.84 | 28.95 | 25.05 |
| Total Income | 31.07 | 21.61 | 20.33 |
| Profit After Tax | 5.86 | 3.11 | 3 |
| EBITDA | 11.32 | 6.15 | 4.63 |
| Net Worth | 20.27 | 14.41 | 11.87 |
| Reserves & Surplus | 8.45 | 2.59 | 9.9 |
| Total Borrowing | 6.3 | 8 | 9.26 |
Key Performance Indicators
| Period | Mar-26 | Mar-25 |
|---|---|---|
| ROE (%) | 33.82 | 23.64 |
| ROCE (%) | 45 | 26.57 |
| EPS (₹) | — | 4.96 |
| P/E (pre-issue) | — | 12.1 |
| P/E (post-issue) | — | 17.91 |
Peer Comparison
Listed companies in the same business
| Company | P/E | ROE |
|---|---|---|
| Premier Roadlines | 6.97 | 14.23% |
| VRL Logistics | 22.15 | 21.27% |
About Apana Logistics Limited
Incorporated in January 1992, Apana Logistics Limited is engaged in the business of providing logistics support for container handling and transportation. The Company provides a diversified range of logistics services, including container handling at CFSs, ICDs and ports, road transportation, cargo handling at third-party warehouses, and operation and maintenance of truck-trailers and reach stackers. Its fleet includes truck-trailers, reach stackers and cranes, enabling it to provide integrated container handling and transportation solutions. Apana Logistics serves leading Container Freight Station (CFS), Inland Container Depot (ICD) and port operators in India. Its long-standing relationships with customers, experience in container handling and understanding of regional transportation dynamics enable the Company to provide cost- and time-effective logistics solutions. The Company also actively participates in tenders and follows an aggressive bidding strategy to secure new projects. As of March 31, 2026, the Company owned and maintained a fleet of 33 truck-trailers, 5 reach stackers and 2 cranes. The Company had 62 permanent employees as of June 30, 2026, comprising personnel across management, accounting and computer, operations, technical, maintenance and support functions. Competitive Strengths Assured quality services. Ability to participate in tenders. Track record of growth and profitability. Diverse service offerings and customer base. Experienced promoters and management team. Established relationships with CFSs, ICDs and ports. Integrated container handling and transportation capabilities.
Objects of the Issue
- Funding capital expenditure requirement of company towards purchase of reach stackers (₹25.00 Cr)
- General corporate purposes (₹5.04 Cr)
- Issue Expenses (₹4.10 Cr)
Promoters
- <p>Pratyaksh Sureka</p>
Company Information
- Book running lead managers
- Corporate Makers Capital Ltd.
- Registered office
- 11A, Rajshree 6, Hastings Park Road, Kolkata, West Bengal, 700027
- Market maker
- Prabhat Financial Services Ltd.
Official Documents
Opens the source filing in a new tab
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