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Ashwini Container Movers IPO
1.25xsubscribed

Ashwini Container Movers IPO

Logistics
listed
₹2.70LMin. investment

Ashwini Container Movers Limited IPO Details

SectorLogistics
Price range₹135 – ₹142
IPO type
SME
Lot size1000 shares
Issue size₹71Cr
Red Herring Prospectus
Read
Market cap
₹213CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹94.12CrLower than sector avg
Growth rate3Y CAGR
10.65%Higher than sector avg

Ashwini Container Movers IPO Subscription Status

Date
QIB
NII
Retail
Total
12-Dec-25
0.0 times (X)
0.2 times (X)
0.29 times (X)
0.13 times (X)
15-Dec-25
0.0X
0.6X
0.52X
0.27X
16-Dec-25
0.53X
3.85X
1.14X
1.25X

As on 12-Dec-25, 5:30 PM

Ashwini Container Movers IPO Timeline

  1. Pre-apply
    11 Dec 2025
  2. Bid start
    12 Dec 2025
  3. Bid end
    16 Dec 2025
  4. Allotment
    17 Dec 2025
  5. Release of funds
    18 Dec 2025
  6. Demat transfer
    18 Dec 2025
  7. Listing
    19 Dec 2025

About Ashwini Container Movers Limited

Ashwini Container Movers is a commercial transportation and logistics service provider specialising in surface cargo movement across India. The company offers full container load (FCL) focused services, along with LCL, reefer/dry containers, and ODC cargo movement. It is currently established as a second-party logistics (2PL) provider, wherein the company directly outsources its transportation needs to a service provider, which is supported by 300+ GPS-enabled 20-feet and 40-feet trucks.
The company caters to B2B clients, transporting bulk import-export cargo between factories and ports. The logistics industry accounted for 49.2% of the total revenue in H1FY26, the transportation sector made up 13.7%, while the automobile industry and agriculture sector contributed 7.86% and 8.01% respectively. As of September 2025, it had 53 20ft fleet, 259 40ft fleet and handled 13,681 containers. Regionally, Maharashtra constituted 83.3% of revenue, Gujarat 4.25%, Goa 4.60% and other states 7.83%. The company served a total of 236 customers, out of which 88 were newly acquired customers, as of September 2025.

Checklist

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Objectives of Ashwini Container Movers Limited IPO

Repayment of borrowings
59.80%
The company will utilise ₹42.50 crore for repayment of certain borrowings.
General corporate purpose
27.40%
Part of the IPO proceeds will be used for general corporate purposes and issue expenses
Capital expenditure
12.70%
The company will utilise ₹9.03 crore for the purchase of trucks.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹94.12Cr10.65%₹11.45Cr₹213Cr12.402.46
This sector (avg.)₹711.28Cr0.02%-₹13.78Cr₹1,677.75Cr34.350.59
₹8,887.02Cr---₹1,291.84Cr₹38,252.26Cr31.230.07
₹6,763.79Cr---₹787.42Cr₹25,640.55Cr35.750.99
₹426.73Cr----₹38.28Cr₹10,164.42Cr29.860.03

*Revenue for financial year 2024-25. Lower P/E and D/E ratios are generally preferred.

Ashwini Container Movers IPO Contact Details

Company NameAshwini Container Movers Limited

How to apply for Ashwini Container Movers IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Ashwini Container Movers Limited IPO FAQs