Apana Logistics IPO: Rs 34.14 Crore Issue to Open September 7; Know Details
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A logistics company is heading to the SME market next week as Apana Logistics Ltd opens its Rs 34.14 crore IPO at Rs 60 per share, with profitability showing a notable improvement in recent years.
✨ Key Takeaways
Apana Logistics Ltd is set to launch its Initial Public Offering (IPO) from September 7 to September 9, 2026. The company has fixed the issue price at Rs 60 per equity share and will offer 56.90 lakh fresh equity shares, aggregating to Rs 34.14 crore.
The equity shares are proposed to be listed on the BSE SME platform, with the tentative listing date set for September 15, 2026.
The shares have a face value of Rs 10 each, while the issue price has been fixed at Rs 60 per share. The IPO lot size is 2,000 equity shares.
Apana Logistics IPO: Key Details
Of the total issue size of 56.90 lakh shares, 2.90 lakh shares, worth approximately Rs 1.74 crore, have been reserved for the Market Maker. The remaining 54 lakh shares, aggregating to Rs 32.40 crore, will form the net public issue.
The minimum application for retail investors will be 4,000 shares, or two lots, requiring an investment of Rs 2.40 lakh at the issue price.
For HNI investors, the minimum application will be 6,000 shares, or three lots, amounting to Rs 3.60 lakh.
Following the IPO, Apana Logistics Ltd's paid-up equity share capital will increase from 1,18,20,000 shares to 1,75,10,000 shares.
At the issue price of Rs 60 per share, the company is expected to have a market capitalisation of approximately Rs 105.06 crore after the issue.
Apana Logistics Financial Performance
Apana Logistics Ltd has reported an improvement in profitability over the reported period.
The company recorded total revenue of Rs 31.06 crore and profit after Tax (PAT) of Rs 5.86 crore in FY2026.
Its PAT had increased from Rs 1.30 crore in FY2023 to Rs 3.17 crore in FY2025. The company's net worth also rose from Rs 8.87 crore in FY2023 to Rs 14.41 crore in FY2025.
About Apana Logistics Ltd
Incorporated in 1992, Apana Logistics Ltd provides logistics support for the handling and transportation of containers. Its services include container handling at Container Freight Stations (CFS), Inland Container Depots (ICD) and ports. The company also provides road transportation, cargo handling at third-party warehouses, and repair, operation and maintenance services for truck-trailers.
Apana Logistics Ltd serves CFS, ICD and port operators across India. Its business is focused on providing logistics solutions aimed at reducing transportation costs and turnaround time for customers.
As of August 31, 2025, the company owned and maintained a fleet of 33 truck-trailers and five reach stackers. The company has more than 10 customers, including long-standing relationships with some of its key clients. Two of its top five customers have been associated with Apana Logistics for more than 10 years.
Disclaimer: The article is for informational purposes only and not investment advice