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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

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