DIIs bought 70,835 shares: Container logistics penny stock below Rs 35; Company raises Rs 38.28 crore through fully convertible warrants to build capacity and set up new CFS/ICD

DSIJ Intelligence-1 / 16 Jul 2025/ Categories: Penny Stocks, Trending

DIIs bought 70,835 shares: Container logistics penny stock below Rs 35; Company raises Rs 38.28 crore through fully convertible warrants to build capacity and set up new CFS/ICD

The stock is up by 65.63 per cent from its 52-week low of Rs 19.61 per share.

Allcargo Terminals Ltd (ATL) raises Rs 38.28 crore by issuing up to 1,32,00,000 fully convertible warrants to its promoters/promoter group. Each warrant, with a face value of Rs 2, is priced at Rs 29, including a premium of Rs 27. This preferential allotment, representing approximately 5 per cent of ATL's post-conversion equity, was approved by ATL's Board of Directors and awaits shareholder and regulatory approvals. The move is set to fund the company's ambitious three-year expansion strategy.

This capital infusion will significantly boost ATL's capacity from its current 8.3 lakh TEUs to over 13 lakh TEUs annually within the next three years. The expansion will involve upgrading existing facilities and developing new Container Freight Stations (CFS) and Inland Container Depots (ICD), particularly at key logistics hubs like Mundra and Nhava Sheva, and a new Greenfield ICD at Farukhnagar. This strategic growth, while the company operates at 80-85 per cent capacity, aims to meet future demand and solidify ATL's leading position in India's EXIM trade.

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Allcargo Terminals Limited (ATL), now an independent and publicly listed entity, spun off from global multimodal logistics leader Allcargo Logistics, boasts one of India's most extensive networks of Container Freight Stations (CFS) and Inland Container Depots (ICD). These facilities are strategically located across the country, including major hubs like JNPT, Mundra, Chennai, and Kolkata, catering to a wide array of logistical needs. ATL is committed to operational excellence, utilising its myCFS portal for contactless services and adhering to stringent safety and security standards, evidenced by its OHSAS, ISO, GSV (C-TPAT compliant), and AEO certifications. Listed on both the BSE (Scrip Code- 543954) and NSE (Scrip Code- ATL), the company is well-positioned to explore further expansion into multimodal logistics parks and other ventures within the terminals sector.

In June 2025, DIIs took a fresh entry and bought 70,835 shares or 0.03 per cent. The company has a market cap of over Rs 800 crore. The shares of the company have a PE of 24x whereas the industry PE is 26x. The stock is up by 65.63 per cent from its 52-week low of Rs 19.61 per share.

Disclaimer: The article is for informational purposes only and not investment advice.