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Apana Logistics IPOLISTED

BSESMEFixed Price Issue

Apana Logistics Limited provides container handling and transportation services across CFSs, ICDs, ports and warehouses, supported by its fleet of truck-trailers, reach stackers and cranes.

Compare

Listing price

₹60

Listing gain

+0.00%

Current

₹60

Listed

14 Sept 26

Opens

07 Sept 26

Closes

09 Sept 26

Allotment

10 Sept 26

Refund

11 Sept 26

Demat

11 Sept 26

Listing

14 Sept 26

Listed at

₹60

+0.00% on 14 Sept 26

Min. investment₹2,40,000
GMP₹0
Subscribed1.31x
Track in the app

Overview

Price band

₹60

Lot size

2000 shares

Min. investment

₹2,40,000

Issue size

₹34.14 Cr

56.90 L shares

Fresh issue

₹34.14 Cr

56.90 L shares

Face value

₹10 / share

Issue type

Fixed Price Issue

Listing at

BSE

Reservation

Market Maker 5.1%NII 47.45%Individual 47.45%
CategoryShares offered% of issue
Market Maker2,90,0005.1%
NII (HNI)27,00,00047.45%
Individual27,00,00047.45%
Total56,90,000100%

Lot size & investment

ApplicationLotsSharesAmount
Retail (Min)24,000₹2,40,000
Retail (Max)24,000₹2,40,000
S-HNI (Min)36,000₹3,60,000

Listing performance

NSE/BSE: APANALOGISTICS

Listing gain

0.00%

Gain per retail lot

₹0

Latest vs issue

—

GMP was

—

₹60
₹600.00%

Issue price

Listing price

Latest price appears here during market hours.

Apana Logistics Live GMP

GMP₹0
Est. Price₹60
Est. Gain0.00%

Not enough GMP history yet to draw a trend.

GMP × retail lot ₹0GMP × S-HNI min ₹0Expected listing ~ ₹60GMP is unofficial and changes often. Data as of 10 Sept, 12:00 am.

Subscription

10 Sept, 12:00 am

Oversubscribed 1.31 times · 1,662 applications

NII (HNI)
0.39x
Retail
2.23x
Total
1.31x

Total applications

1,662

Total bid amount

₹42.44 Cr

Category breakdown

CategoryShares offeredShares bidTimesBid amount
NII (HNI)27,00,00010,54,0000.39x₹6.32 Cr
Retail27,00,00060,20,0002.23x₹36.12 Cr
Total54,00,00070,74,0001.31x₹42.44 Cr

Application-wise breakup

CategoryApplications reservedAppliedTimes
S-HNI450960.21x
Retail6751,5072.23x

Allotment chance per application is roughly 1 ÷ times for the category (lottery for retail and S-HNI).

Financials

(₹ in crores)

010203040Mar 2024 · Revenue: 20.33Mar 2024 · Expense: 16.22Mar 2024 · Profit after tax: 3Mar 2024 · Assets: 25.05Mar 2024 · Borrowing: 9.26Mar 2024Mar 2025 · Revenue: 21.61Mar 2025 · Expense: 17.24Mar 2025 · Profit after tax: 3.11Mar 2025 · Assets: 28.95Mar 2025 · Borrowing: 8Mar 2025Mar 2026 · Revenue: 31.07Mar 2026 · Expense: 21.84Mar 2026 · Profit after tax: 5.86Mar 2026 · Assets: 36.84Mar 2026 · Borrowing: 6.3Mar 2026

Key performance indicators

As of 31 Mar 2026

ROE

33.82%

PAT Margin

19.01%

ROCE

45%

EBITDA Margin

36.69%

Debt to Equity Ratio

0.31

Price to Book Value

3.5

RoNW

33.82%

Valuation vs listed peers

EPS Pre IPO

₹4.96

EPS Post IPO

₹3.35

P/E Pre IPO

12.1

P/E Post IPO

17.91

Buzz AI analysis

From this IPO's filings and market data · educational, not investment advice

Revenue growth FY24 → FY26

+52.8%

Profit growth FY24 → FY26

+95.3%

ROCE

45.00%

  • PAT margin 19.0% and ROCE 45.0%.

Strengths & risks

  • Diverse Services across container handling, transportation and cargo handling.
  • Strong Customer Relationships with leading CFS, ICD and port operators.
  • Experienced Management with over 33 years of combined industry experience.
  • Established Fleet of 33 truck-trailers and 5 reach stackers.
5.7/10

Buzz score · Neutral

From GMP, subscription and issue size

Financials7.2
Growth5.0
Business6.9
Demand4.5
Risk7.2

Objects of the issue

PurposeAmount (₹ Cr)
Funding capital expenditure requirement of company towards purchase of reach stackers.25
General corporate purposes.5.04
Issue Expenses.4.1

Company & documents

Apana Logistics Limited provides logistics support for container handling and transportation, including container handling, road transportation, cargo handling, and truck-trailer operations & maintenance.

The Company serves leading CFS, ICD and port operators in India, providing cost- and time-effective logistics solutions.

As of August 31, 2025, Apana Logistics owned and maintained a fleet of 33 truck-trailers and 5 reach stackers. The Company also operates through third-party assets to supplement its logistics capacity.

Apana Logistics catered to more than 10 customers in FY2025, with strong and long-standing relationships. Two of its top five customers have been associated with the Company for more than 10 years.

As of August 31, 2025, the Company had 85 permanent employees across management, skilled, semi-skilled and other functions supporting its logistics operations.

Registrar

Kfin Technologies Ltd.

Phone: 040-79615565

Email: afl.ipo@kfintech.com

Web: https://ipostatus.kfintech.com/

Company contact

Apana Logistics Ltd.

11A Rajshree 6 Hastings Park Road Kolkata, West Bengal, 700027

Phone: +91-22-69328885

Email: email@apanalogistics.com

Web: https://www.apanalogistics.com/

Book running lead managers

  • Corporate Makers Capital Ltd.

Promoters

100.0%Pre Issue
67.5%Post Issue
  • Pratyaksh Sureka