Incorporated in April 2012, Ashwini Container Movers Ltd. is a surface transportation/logistics provider specialising in containerised cargo (FCL/LCL/ODC) across India with a significant presence in Maharashtra and Gujarat. As of Sep 30, 2025 the company operates 300+ owned container vehicles and serves B2B clients including exporters/importers, offering reefer & dry container solutions, tracking tech, and trained drivers. The issue proceeds are primarily for debt repayment and fleet expansion.
Ashwini Container Movers IPO
| Face Value | ₹10 per share |
|---|---|
| Issue Type | Book-building (Fresh Issue) |
| Total Shares Offered | 50,00,000 shares (Fresh issue) |
| Market Maker | Choice Equity Broking Pvt. Ltd. (Reserved 2,50,000 shares) |
| Net Offered to Public | 47,50,000 shares (≈₹67.45 Cr at upper band) |
| Registrar | Bigshare Services Pvt. Ltd. |
| Category | Shares Offered | % of Issue |
|---|---|---|
| Market Maker | 2,50,000 | 5.00% |
| QIB | 23,64,000 | 47.28% |
| NII (HNI) | 7,20,000 | 14.40% |
| Retail (RII) | 16,66,000 | 33.32% |
Anchor allocation: 14,16,000 shares (see RHP for anchor bid date & lock-in details).
| IPO Open Date | Fri, Dec 12, 2025 |
|---|---|
| IPO Close Date | Tue, Dec 16, 2025 |
| Tentative Allotment | Wed, Dec 17, 2025 |
| Initiation of Refunds | Thu, Dec 18, 2025 |
| Credit to Demat | Thu, Dec 18, 2025 |
| Tentative Listing Date | Fri, Dec 19, 2025 |
| UPI Mandate Cut-off | 5 PM on Tue, Dec 16, 2025 |
| Application Type | Lots | Shares | Amount (₹) — at ₹142 |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹2,84,000 |
| Retail (Max) | 2 | 2,000 | ₹2,84,000 |
| S-HNI (Min) | 3 | 3,000 | ₹4,26,000 |
| S-HNI (Max) | 7 | 7,000 | ₹9,94,000 |
| B-HNI (Min) | 8 | 8,000 | ₹11,36,000 |
Retail bidding limit = ₹2 Lakh per application — check RHP for precise bidding rules.
Incorporated in April 2012, Ashwini Container Movers Ltd. is a surface transportation/logistics provider specialising in containerised cargo (FCL/LCL/ODC) across India with a significant presence in Maharashtra and Gujarat. As of Sep 30, 2025 the company operates 300+ owned container vehicles and serves B2B clients including exporters/importers, offering reefer & dry container solutions, tracking tech, and trained drivers. The issue proceeds are primarily for debt repayment and fleet expansion.
| Period | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 121.21 | 101.46 | 78.31 |
| Total Income | 55.86 | 96.06 | 79.27 |
| Profit After Tax | 9.91 | 11.45 | 1.38 |
| EBITDA | 19.01 | 24.89 | 13.64 |
| Net Worth | 29.80 | 20.42 | 9.39 |
| Total Borrowing | 74.90 | 62.57 | 58.70 |
| Pre IPO EPS | ₹11.45 |
|---|---|
| Post IPO EPS | ₹13.21 |
| Pre IPO P/E | 12.4x |
| Post IPO P/E | 10.75x |
| ROE | 76.82% |
| Debt / Equity | — (see RHP) |
All figures restated per RHP. Read the full prospectus for accounting notes, related party details and sector risks.
| S.No | Purpose | Amount (₹ Crore) |
|---|---|---|
| 1 | Repayment / pre-payment of certain borrowings | 42.50 |
| 2 | Funding capital expenditure towards purchase of trucks | 8.07 |
| 3 | General corporate purposes | – |
Ashwini Container Movers Ltd.
(Company contact details — refer RHP)
Registrar: Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200 | Email: ipo@bigshareonline.com | https://ipo.bigshareonline.com/IPO_Status.html
Observations: Strong H1-FY26 profit growth and an expanding fleet are positives. Main risks: competitive/fragmented logistics market, working-capital intensity and high borrowings. The issue is primarily to reduce debt and expand fleet — suited for investors who accept transportation sector cyclicality and leverage exposure.
Informational only — not investment advice. Consult a financial advisor before investing.
Ashwini Container Movers’ focus on containerized cargo across India shows their ability to tap into the growing logistics sector. With over 300 owned vehicles, their ability to offer both reefer and dry container solutions adds versatility to their services.