Apana Logistics Ltd.
SMEIssue details
Price band
₹60 - ₹60
Lot size
2,000 shares
Issue size
₹34 Cr
Min. investment
₹1,20,000
Registrar
KFin Technologies
Grey market premium
Est. gain+₹1 · 2%
Save your family's PANs once and check allotment for everyone the moment results are out.
Available once allotment results are out
IPO Timeline
Open
7 Sep
Close
9 Sep
Allotment
10 Sep
Listing
15 Sep
- Refunds & demat credit
- 11 Sep 2026
- Mandate end
- 24 Sep 2026
We calculate these dates from the allotment and close dates, so please treat them as indicative.
Application size
| Category | Minimum | Maximum |
|---|---|---|
| Retail | 2,000shares 1 lot · ₹1,20,000 | 2,000shares 1 lot · ₹1,20,000 |
| HNI | 4,000shares 2 lots · ₹2,40,000 | No limit funds permitting |
Based on the upper price band of ₹60 and a lot of 2,000 shares.
Issue structure
Face value
₹10 per share
Issue type
Fixed Price IPO
Sale type
Fresh capital only
Fresh issue
₹32 Cr
54,00,000 shares
Shares pre-issue
1,18,20,000
Shares post-issue
1,75,10,000
Valuation & ratios
| Metric | Pre-IPO | Post-IPO |
|---|---|---|
| EPS | 4.96 | 3.35 |
| P/E | 12.1 | 17.91 |
| Market cap | ₹71Cr. | ₹105.06 Cr |
| KPI | Mar 31, 2026 | Mar 31, 2025 |
|---|---|---|
| ROE | 33.82% | 23.64% |
| ROCE | 45.00% | 26.57% |
| Debt/Equity | 0.31 | 0.56 |
| RoNW | 33.82% | 23.64% |
| PAT Margin | 19.01% | 14.49% |
| EBITDA Margin | 36.69% | 28.70% |
| NAV | 17.15 | 12.19 |
| Price to Book Value | 3.50 | 4.92 |
Financials
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| 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 |
| Assets | 36.84 | 28.95 | 25.05 |
| Reserves & surplus | 8.45 | 2.59 | 9.9 |
| Total borrowing | 6.3 | 8 | 9.26 |
Figures in ₹ crore, as reported by the company in its offer document.
Objects of the issue
- 1.Funding capital expenditure requirement of company towards purchase of reach stackers₹25 Cr
- 2.General corporate purposes₹5.04 Cr
- 3.Issue Expenses₹4.1 Cr
What the company says it intends to do with the money raised.
Recent comparable IPOs
| Company | Issue price | P/E | Listing close | Listing gain |
|---|---|---|---|---|
| Sampark India Logistics Ltd.SME | ₹84 | 8.65 | ₹93.45 | +11.25% |
| Global Ocean Logistics India Ltd.SME | ₹78 | 12.07 | ₹79.29 | +1.65% |
| Neptune Logitek Ltd.SME | ₹126 | 13.76 | ₹95.80 | -23.97% |
| Shipwaves Online Ltd.SME | ₹12 | 9.3 | ₹11.40 | -5.00% |
| Jayesh Logistics Ltd.SME | ₹122 | 10.75 | ₹117.80 | -3.44% |
| Sunsky Logistics Ltd.SME | ₹46 | 15.6 | ₹53.55 | +16.41% |
| Dhillon Freight Carrier Ltd.SME | ₹72 | 10.49 | ₹54.72 | -24.00% |
| Skyways Air Services Ltd.Mainboard | ₹138 | 25.27 | ₹125.56 | -9.01% |
| Shiprocket Ltd.Mainboard | ₹97 | -77.6 | ₹143.45 | +47.89% |
| Shadowfax Technologies Ltd.Mainboard | ₹124 | 1017.96 | ₹109.98 | -11.31% |
| Om Freight Forwarders Ltd.Mainboard | ₹135 | 19.56 | ₹85.57 | -36.61% |
| Glottis Ltd.Mainboard | ₹129 | 18.38 | ₹83.70 | -35.12% |
Past listing performance of comparable issues. This is not a forecast: listing gains vary widely and can turn negative.
Issue fundamentals compiled from the company's offer document via Chittorgarh, last read 7 Sep 2026. Always verify against the RHP before applying.