Apana Logistics Ltd. IPO

Open for SubscriptionSME

Price Band

60 – ₹60

Issue Size

34.14 Cr

Issue Dates

7 Sept 9 Sept 2026

Listing Date

15 Sept 2026

About Apana Logistics Ltd.

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. 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.

IPO Details

Price Band₹60 – ₹60
Face Value₹10
Issue Size₹34.14 Cr
Fresh Issue₹34.14 Cr
Total Shares Offered56,90,000
Listed OnBSE

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: (1) Funding capital expenditure requirement of the Company towards purchase of reach stackers - Rs. 25.00 Cr; (2) General corporate purposes - Rs. 5.04 Cr; (3) Issue Expenses - Rs. 4.10 Cr. Total: Rs. 34.14 Cr. The issue is entirely a fresh issue of 56,90,000 equity shares, including 2,90,000 shares reserved for the Market Maker, Prabhat Financial Services Ltd.

Key Financial Metrics

EPS (Basic)

4.96

P/E Ratio

12.1x

ROE

33.82%

ROCE

45%

Debt / Equity

0.31

Financial Performance

Particulars (₹ Cr)FY2024FY2025FY2026
Revenue
EBITDA4.636.1511.32
PAT33.115.86
Total Assets25.0528.9536.84
Net Worth11.8714.4120.27
Total Borrowings9.2686.3

Valuation

Market Capitalisation

Pre-IPO₹71 Cr
Post-IPO₹105.06 Cr

P/E Ratio

Pre-IPO12.1x
Post-IPO17.91x

Promoter Holding

Pre-IPO100%
Post-IPO67.5%

Public Holding

Pre-IPO
Post-IPO32.5%

Lot Size & Allocation

Investment by Category

CategoryLot SizeMin InvestmentMax Investment
retail_min2 × 2000₹2,40,000
retail_max2000 shares₹2,40,000
shni_min3 × 2000₹3,60,000

Reservation / Allocation

CategoryAllocationCut-off
NII (HNI) Shares Offered50%No
Retail Shares Offered50%Yes
Market Maker (Firm Reservation)5.1%No

Registrar & Lead Managers

Registrar

Kfin Technologies Ltd.

Lead Managers (2)

Corporate Makers Capital Ltd.
Prabhat Financial Services Ltd.

Peer Comparison

CompanyListedMkt Cap (₹ Cr)EPS (₹)P/EROE %
Apana Logistics Ltd. IPO (this IPO)105.06₹4.9612.1x33.82%
Sampark India Logistics Ltd.Yes8.65x
Global Ocean Logistics India Ltd.Yes12.07x
Neptune Logitek Ltd.Yes13.76x

Frequently Asked Questions

5 questions about Apana Logistics Ltd. IPO IPO

Apana Logistics IPO is an SME IPO of 56,90,000 equity shares of face value Rs. 10 aggregating up to Rs. 34.14 crores. The issue is priced at Rs. 60 per share. The minimum order quantity is 2,000 shares.

Important Dates

Issue Opens7 Sept 2026
Issue Closes9 Sept 2026
Allotment10 Sept 2026
Refund Initiation11 Sept 2026
Demat Credit11 Sept 2026
Listing Date15 Sept 2026

Live GMP

Grey Market Premium11
GMP %18.33%
View GMP History

Subscription

0.04x

Overall Subscribed

NII0.01x
Retail0.08x
View Full Details

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