AVG Logistics Limited IPO

AVG Logistics Limited

Issue Open

Mar 28, 2018

Price Band

₹ 105 - ₹ 107

Issue Size

₹ 33.06 Cr

Credit of Shares to Demat

-

Issue Close

Apr 03, 2018

Bid Lot

1200

Listing Exchange

NSE SME

Cut off time for UPI Mandate Confirmation

-

Issue Type

Book Built Issue IPO

Minimum Order Quantity

1200

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Apr 11, 2018

Refunds

-

About the company:

AVG logistics limited is a delhi based third party logistic service company. The company has a hub and spoke transportation. AVG logistics offers its services to select clients based out of pan india distribution network.  AVG has 520+ employees to serve its clients.

Date of establishment: The company was incorporated in 2010 at Delhi

Product & Service Offering: AVG offers , transportation, warehousing services and value added services like temperature controlled logistics, supply chain solutions and cargo handling services. The company has 5 transshipment centers at Guwahati,Bangalore, Hyderabad, Delhi NCR and Kundli. AVG has 49 branches across India and operates through 264 containerized vehicle and 85 refrigerated trucks.

Promoters of AVG logistics limited:  The promoters of the company are Mr. Sanjay Gupta, Ms. Asha Gupta and Ms. Niti Gupta.

Customer segment: AVG logistics limited has select clients mainly from private sector.   

Objects of the Issue: The objects of the Issue are-

1. Setting-up Warehousing facilities at Agartala, Tripura, and Mysore
2. Working Capital Requirement
3. General Corporate Purpose and
4. To meet the IPO Expenses

Company Financials

 

Particulars

For the year/period ended (in Rs. Lacs)

 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

 

Total Assets

8,352.23

6,996.76

6,096.39

4,058.12

2,951.18

 

Total Revenue

19,485.88

19,229.25

18,331.70

13,041.25

9,631.92

 

Profit After Tax

443.34

380.16

319.31

262.06

190.48

 

FAQ’s

Can I trade an IPO through a Discount Broker?

What are the benefit of buying & selling IPOs through a discount broker?

How is it possible to trade an IPO through a discount broker when SEBI has made mandatory to buy an IPO through ASBA?

How can I buy and sell IPO through a discount broker?

What documents are required to open an account with Samco?