Back

AVG Logistics Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE SME SME Live Chart
Issue Price
₹107
Per Share
GMP
NIL
Grey Market
Est. Listing
₹107
Expected Price
Min. Application
₹256,800
2 lots × 1200 shares
IPO Issue Details
Issue Price / Price Band₹107 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size30,90,000 shares (aggregating up to ₹33.06 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenWed, 28 Mar 2018
Subscription CloseTue, 03 Apr 2018
Anchor AllotmentTue, 27 Mar 2018
Basis of AllotmentMon, 09 Apr 2018
Initiation of RefundsTue, 10 Apr 2018
Credit of Shares to DematTue, 10 Apr 2018
Listing DateWed, 11 Apr 2018
UPI Mandate Deadline2018-04-03
Application & Investment Details
Retail — Min (1 Lots)₹1,28,400 — 1,200 shares
Retail — Max (13 Lots)₹1,669,200 (13 Lots)
HNI — Min (2 Lots)₹2,56,800 — 2,400 shares
Net Offer to Public29,35,200 shares (aggregating up to ₹31.41 Cr)
Reserved for Market Maker1,54,800 shares (aggregating up to ₹1.66 Cr)
Pre-IPO Promoter Holding72,08,000 shares
Post-IPO Promoter Holding1,02,98,000 shares
About AVG Logistics Ltd.

Incorporated in 2010, Delhi based AVG Logistics Limited is a third-party logistics service operator. The company offers Full Truck Load (FTL) and “hub-and-spoke” transportation model and warehousing services to select clients with the pan-India distribution network and automated technology systems.AVG offers its customers services in three key areas:(1) Transportation whereby we provide point-to-point, less than truck-load, time-definite transportation services;(2) Warehousing whereby we provide warehousing, distribution and cold-chain warehousing; and(3) Value-added Services including, temperature-controlled logistics, supply chain solutions and cargo handling services at integrated check posts.As of September 30, 2017, the company had five (5) trans-shipment centres at Guwahati, Bangalore, Hyderabad, DelhiUP border, and Kundli (Delhi-Haryana border) and forty nine (49) branches across India, covering twenty three (23) states as of September 30, 2017. It operates two hundred sixty four (264) owned containerised vehicles which are GPS-enabled vehicles, of which eighty five (85) are refrigerated (reefer) trucks.AVG also provides warehousing facilities to select customers and the warehouses are well connected to several manufacturing and consumption clusters in India aggregating to 3.54 lakh square feet. It has warehouses in Modinagar, Ghaziabad, Delhi and Panipat. The company is in the process of setting up additional large format, multi-user warehouses in certain strategic locations and have acquired land at Agartala in Tripura and Mysore in Karnataka adding 1.08 lakhs square feet which will enable the expansion of its warehousing space to 4.62 lakhs square feet by April, 2019.As of January 31, 2018, we had 521 full-time employees.

Objects of the Issue

AVG Logistics Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
1 Setting up warehousing facilities at Agartala and Mysore
16.00
2
2 Working Capital Requirement
15.16
3
3 General Corporate Purpose
4.84
4
4 Issue Expenses
3.47
Shareholding & Lock-in
Pre-IPO Promoter Holding 72,08,000 shares
Post-IPO Promoter Holding 1,02,98,000 shares
Check AllotmentCheck Status →
AVG Logistics Ltd. — Live Price LIVE
₹107.00
INR · NSE
Fetching live data…
VS Issue Price
OPEN
HIGH
LOW
MKT CAP
P/E
52W HIGH
52W LOW
VOLUME
DIVIDEND
DIV YIELD
Loading chart…
Chart Not Available
AVG Logistics Ltd. is not yet listed on Yahoo Finance or has a different ticker symbol.
Try again after listing stabilises (2-3 trading days).
Issue ₹107.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹107
GMPNIL
Est. Listing₹107
Lot Size1,200 shares
Min Amount₹256,800
Listing Date11 Apr 2018
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹107
Listing Date11 Apr 2018
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 154,800 ₹1.66 Cr
TOTAL 3,090,000 100.00% ₹33.06 Cr
* Based on ₹107.00 (upper price band)
Lot Size & Investment Details
Lot Size
1,200
Shares
Issue Price
₹107.00
Per Share
Min Investment
₹128,400
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 1,200 ₹128,400
Retail (Max) 13 15,600 ₹1,669,200
sNII (Min) 14 16,800 ₹1,797,600
bNII (Min) 68 81,600 ₹8,731,200
Company Financials — Restated Consolidated (Amount in Lakhs)
Particulars31-Mar-1731-Mar-1631-Mar-15
Revenue from Operations 19485.88 19229.25 18331.70
EBITDA N/A N/A N/A
Profit After Tax (PAT) 443.34 380.16 319.31
Net Worth N/A N/A N/A
Total Assets 8352.23 6996.76 6096.39
Reserves & Surplus N/A N/A N/A
Total Borrowings N/A N/A N/A
Key Ratios & Valuation
Issue Price ₹107
Face Value ₹10 Per Share
P/BV N/A
RoE N/A
RoCE N/A
RoNW N/A
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity N/A
Company Details
Company
AVG Logistics Ltd.
Exchange
NSE SME
IPO Type
SME IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
Shop No. 25 DDA Market, Savita Vihar, Delhi, New Delhi, 110092
Book Running Lead Managers
Systematix Corporate Services Ltd.
Book Running Lead Manager (BRLM)