AVG Logistics Limited IPO

Add to Calendar 2018-03-28 12:00 AM 2018-04-03 12:00 AM Asia/Kolkata AVG Logistics Limited IPO AVG Logistics Limited India

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

 

Issue Detail

  • Issue Open: Mar 28, 2018
  • Issue Close: Apr 03, 2018
  • Issue Type: Book Built Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 105 - Rs 107 Per Equity Share
  • Bid Lot:1200 Shares
  • Minimum Order Quantity:1200 Shares
  • Listing At: NSE SME
  • Issue Size: • Rs 33.06 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 0 1,467,600 1,467,600 - 154,800 3,090,000
Day 1 - Mar 28, 2018IST 0 260,400 16,800 - 277,200
Day 2 - Apr 02, 2018IST 0 524,400 208,800 - - 733,200
Day 3 - Apr 03, 2018IST 715,200 3,344,400 1,586,400 - - 5,646,000

Listing Day Trading Information

- BSE NSE
Issue Price - Rs 107.00
Open - Rs 113.00
Low - Rs 112.00
High - Rs 118.65
Last Trade - Rs 118.55
Volume - 530,400

AVG Logistics Limited User Rating

Votes
0

AVG Logistics Limited Life IPO Reviews

AVG Logistics Limited IPO News & Updates

Frequently Asked Questions

Yes, you can always trade an IPO through a discount broker. Buying & selling an IPO becomes very easy once the trading and the demat account are set up appropriately.
Following are the benefits in buying and selling an IPOs through a discount broker. Reduced Brokerage Fee: Discount brokers charge a flat brokerage which is missing in case of full service brokers. Full service brokers usually charge %age brokerage and this incurs a lot of cost to an investors. So if any full service broker charge a brokerage of let say 0.03% then on a purchase of shares of worth of Rs 200,000 you end up paying Rs 600+ Taxes. In our case we charge a flat brokerage of Rs 20 + Taxes. Discount brokers therefore saves a lot of money of investors. Better Trading Platform: Usually discounts brokers don’t provide a good trading platform and experience but there are few discounts brokers like Samco, who are now focussing on delivering a world class trading platform and top notch user experience. Therefore narrowing down the gap between discount brokers and full service brokers.
Technically Speaking, SEBI has made mandatory to buy an IPO through ASBA channel but there is no regulation on how any investor can sell an IPO allotted shares. Therefore, smart investors can always sell IPO allotted shares through a discount broker

Comments

Start IPO Trading through SAMCO

Don't have a Trading Account !!!
Open an account with Samco and Do IPO Trading for Just Rs 20. For more details, share your contact details with us