IPO

AVG Logistics Limited IPO

NSE SME

Offer Date: Mar 28, 2018 - Apr 3, 2018

₹ 126000 /1200 Shares

IPO Details

28 Mar, 2018

Open Date

03 Apr, 2018

Close Date

09 Apr, 2018

Allotment Date

11 Apr, 2018

Listing Date

Issue Price

Rs 105 - Rs 107 Per Equity Share 

Face Value

Rs 10 Per Equity Share 

Listing at Group

NSE SME

Registrar

Link Intime India Private Ltd

Market Lot

1200 Shares (Rs 1,28,400/-)

Lead Manager

Systematix Corporate Services Limited

Issue Size

30,90,000 Equity Shares of Rs 10/- each at a price of Rs 105 - Rs 107 per share aggregating to 33.06 Cr 

Retail Portion

N/A

Subscription

times

IPO Docs

No related IPO documents available.

IPO Details


AVG Logistics Limited IPO is an SME IPO, priced at Rs 105 - Rs 107 Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share  each and will be listed on the NSE SME platform.

The IPO bidding window is open from Mar 28, 2018 to Apr 3, 2018. The allotment is expected to be finalized on Apr 9, 2018, and the tentative listing date is Apr 11, 2018.


Systematix Corporate Services Limited is acting as the lead manager to the issue. The registrar of the IPO is Link Intime India Private Ltd , and

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IPO Subscription Details

As onQIBNIIRetailTotal
Shares Offered / Reserved5,88,0004,40,40010,27,20014,67,600
Day 1 - 28-03-180 x2,60,400 0.5916,800 0.02 x2,77,200 0.19 x
Day 2 - 02-04-180 x5,24,400 1.192,08,800 0.20 x7,33,200 0.50 x
Day 3 - 03-04-187,15,200 1.22 x33,44,400 7.5920,31,600 1.98 x56,46,000 3.85 x
Day 4 - 21-03-18N/A xN/A xN/A x

Valuations

Earnings Per Share (EPS)

Rs 4.31

P/E Ratio

24.83

RoNW

20.32%

Net Asset Value (NAV) - (30.09.17 - After Bonus)

Rs 35.55

Company Financials All values are in ₹ Cr.

- Promoter(s)

Company Promoter(s)
  1. Mr. Sanjay Gupta
  2. Ms. Asha Gupta
  3. Ms. Niti Gupta

IPO - Issue Objectives

  1. Setting-up Warehousing facilities at Agartala, Tripura, and Mysore (Mysuru), Karnataka
  2. Working Capital Requirement
  3. General Corporate Purposes
  4. To meet Issue related Expenses

IPO - FAQs

Ans. AVG Logistics Limited IPO is a SME IPO. The issue is priced at Rs 105 - Rs 107 Per Equity Share . The minimum order quantity is 1200 Shares. The IPO opens on Mar 28, 2018, and closes on Apr 3, 2018. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The AVG Logistics Limited IPO opens on Mar 28, 2018 and closes on Apr 3, 2018.

Ans. The size of AVG Logistics Limited IPO is 30,90,000 Equity Shares of Rs 10/- each at a price of Rs 105 - Rs 107 per share aggregating to 33.06 Cr .

Ans. The IPO price band is set between Rs 105 - Rs 107 Per Equity Share .

Ans. To apply for AVG Logistics Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find AVG Logistics Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of AVG Logistics Limited IPO is Apr 9, 2018.

Ans. The AVG Logistics Limited IPO will be listed on Apr 11, 2018.

Ans. Follow the steps to check the allotment status for AVG Logistics Limited IPO here.