BSE List Price : ₹100.00

subscription

Category	Times
QIBs	15.07x
HNIs	32.68x
Retail	28.93x
Total : 25.78x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	2	3,200	₹240,000
Retail Maximum	2	3,200	₹240,000
S-HNI Minimum	3	4,800	₹360,000
S-HNI Maximum	8	12,800	₹960,000
B-HNI Minimum	9	14,400	₹1,080,000

About the Company

Apana Logistics Limited was originally incorporated as “Surya Top Sale Private Limited” on January 22, 1992, under the Companies Act, 1956. The Company changed its name to “Apana Logistics Private Limited” on October 9, 2007. Subsequently, on December 3, 2024, it was converted into a public limited company and renamed “Apana Logistics Limited”. Apana Logistics is an Indian logistics company engaged in container handling, transportation, warehousing and cargo handling services. With a presence across major CFSs, ICDs and ports, the Company provides logistics solutions focused on efficient and cost-effective cargo movement. It handles various types of cargo, including sensitive and perishable goods, while adhering to safety and regulatory requirements. The Company has infrastructure comprising 30+ owned trailers and reach stackers to support its logistics operations. Its experienced team leverages technology and industry practices to facilitate timely, secure and efficient cargo movement. The Company provides end-to-end supply chain solutions and specialised logistics services, supporting businesses in managing their cargo and transportation requirements.

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2024	₹27.24	₹23.84	₹2.84	₹24.79
2025	₹36.97	₹31.81	₹3.72	₹27.86
2026	₹40.75	₹35.01	₹4.22	₹34.47

Company Promoter

Ajit Singh Bawa

Gurpreet Kaur Bawa

Meenakshi Sharma

Know before investing

• • Strengths

  Diverse Services & Customer Base: The Company offers a broad range of logistics services, including container handling, road transportation, cargo handling, and truck-trailer repair and maintenance, creating opportunities to serve multiple requirements of customers and vendors.

  Strong Tender Participation Capability: With extensive industry experience, the Company possesses the financial, technical and asset-based capabilities, along with the required track record, to participate in and qualify for government and semi-government tenders.

  Quality Services at Competitive Prices: The Company focuses on maintaining service quality, timely delivery and competitive pricing, which supports its ability to secure tenders and receive repeat work orders from existing customers.

• • Risks

  High Customer Concentration: The Company relies on a limited number of key customers, creating customer concentration risk. Any decline in revenue from major customers or slowdown in logistics activity could adversely affect its business, cash flows, profitability and financial condition. Dependence on Third-Party Partners & Vendors: The Company depends on network partners, transporters, brokers, vendors and suppliers for certain operational requirements. Any service disruptions or unavailability of transportation assets may affect operations, while hiring additional assets could increase operating costs and reduce profitability. Historical Records & ROC Non-Compliance: Certain historical corporate records and ROC filings, including some allotment records and Form 2 filings, are untraceable. Past non-compliances or incomplete records may result in regulatory penalties or actions, which could adversely affect the Company’s financial position.

Objects of the Issue & Utilisation of proceeds

Investment in the subsidiary, Croda Pigments Private Limited, through debt to fund its capital expenditure and incremental working capital requirements

Repayment and/or prepayment, in full or in part, of certain borrowings availed by the Company

Funding inorganic growth through unidentified acquisitions and general corporate purposes

Company  Address

Amtech Esters Ltd.
Flat No. 102, Plot No. A – 3,
Magnum House 1, Commercial Complex,
Karam Pura, West Delhi, New Delhi,
West Delhi, New Delhi, 110015
Phone: 011-49044111
Email: info@amtechesters.com
Website: https://www.amtechesters.com/

IPO Registrar

Maashitla Securities Pvt.Ltd.
Phone: 011-45121795
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues