IPO

AVG Logistics Limited IPO

NSE SME

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

₹ 252000 /2400 Shares
*Min Investment

28 Mar, 2018

Open Date

03 Apr, 2018

Close Date

09 Apr, 2018

Allotment Date

11 Apr, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 105 - Rs 107 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 30,90,000 Equity Shares of Rs 10/- each at a price of Rs 105 - Rs 107 per share aggregating to 33.06 Cr 
  • Listing at NSE SME
  • Lead Manager Systematix Corporate Services Limited
  • Registrar Link Intime India Private Ltd
IPO Details
  • Retail Portion N/A
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.


The registrar of the IPO is Link Intime India Private Ltd , and

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IPO Subscription Analysis And Details
As onQIBNIIRetailTotal
Shares Offered / Reserved5,88,0004,40,40010,27,20014,67,600
Day 1 28-03-18
0 x2,60,400 0.5916,800 0.02 x2,77,200 0.19 x
Day 2 02-04-18
0 x5,24,400 1.192,08,800 0.20 x7,33,200 0.50 x
Day 3 03-04-18
7,15,200 1.22 x33,44,400 7.5920,31,600 1.98 x56,46,000 3.85 x
Day 4 21-03-18
N/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
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