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Amiable Logistics IPO is a fixed price issue of ₹4.37 crores. The issue is entirely a fresh issue of 0.05 crore shares of ₹4.37 crore.
Amiable Logistics IPO bidding started from Nov 2, 2022 and ended on Nov 7, 2022. The allotment for Amiable Logistics IPO was finalized on Nov 11, 2022. The shares got listed on NSE SME on Nov 16, 2022.
Amiable Logistics IPO price is ₹81.00 per share . The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹1,29,600 (1600 shares). The minimum lot size investment for HNI is 2 lots (3,200 shares), amounting to ₹2,59,200.
Shreni Shares Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Shreni Shares Ltd..
Refer to Amiable Logistics IPO RHP for detailed Information.
| IPO Date | November 2, 2022 to November 7, 2022 |
| Listing Date | November 16, 2022 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹81 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 5,39,200 shares (aggregating up to ₹4.37 Cr) |
| Reserved for Market Maker | 27,200 shares Shreni Shares Ltd. (aggregating up to ₹0.2203 Cr) |
| Net Offered to Public | 5,12,000 shares (aggregating up to ₹4.15 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 12,09,000 shares |
| Share Holding Post Issue | 17,48,200 shares |
Amiable Logistics IPO offers total 5,39,200 shares. Out of which 2,56,000 (47.48%) allocated to NII, 2,56,000 (47.48%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 27,200 (5.04%) |
| NII (HNI) Shares Offered | 2,56,000 (47.48%) |
| Retail Shares Offered | 2,56,000 (47.48%) |
| Total Shares Offered | 5,39,200 (100.00%) |
Amiable Logistics IPO opens on November 2, 2022, and closes on November 7, 2022.
| IPO Open Date | Wed, Nov 2, 2022 |
| IPO Close Date | Mon, Nov 7, 2022 |
| Tentative Allotment | Fri, Nov 11, 2022 |
| Initiation of Refunds | Mon, Nov 14, 2022 |
| Credit of Shares to Demat | Tue, Nov 15, 2022 |
| Tentative Listing Date | Wed, Nov 16, 2022 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Nov 7, 2022 |
Investors can bid for a minimum of 1,600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹1,29,600 |
| Retail (Max) | 1 | 1,600 | ₹1,29,600 |
| HNI (Min) | 2 | 3,200 | ₹2,59,200 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2002, Amiable Logistics (India) Limited is in the business of providing services to importers and exporters for the smooth clearance of all kinds of imports and exports by air and sea as a clearing and forwarding agent and customs house broker. The company is a member of "The Brihanmumbai Custom House Agent's Association" popularly known as BCHAA or BCBA.
The company's services also include import-export consultancy, international freight forwarding, recovery of all types of claims including customs & insurance, warehousing, and transportation through air, road and sea.
The company provides a complete range of services like Freight Forwarding (Sea freight & Air freight), Customs Clearance, Warehousing, Transportation, Multimodal Transportation, loading/unloading of items to facilitate our customers with end-to-end solutions and other related value-added services.
The company cater its services mainly in the domestic market specifically in the state of Maharashtra.
Strengths:
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 464.11 | 1613.28 | 21.43 | 92.22 | 72.07 | 99.47 |
| 31-Mar-21 | 317.48 | 1403.53 | 29.67 | 127.16 | 107.01 | 65.77 |
| 31-Mar-22 | 368.21 | 1725.92 | 48.38 | 175.54 | 54.64 | 4.54 |
| 30-Sep-22 | 657.01 | 1364.08 | 65.08 | 240.62 | 119.72 | 61.42 |
| Amount in ₹ Lakhs | ||||||
The market capitalization of Amiable Logistics IPO is ₹14.16 Cr.
| Pre IPO | Post IPO | |
|---|---|---|
| P/E (x) | 10.9 |
The company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
1. Funding working capital requirements.
2. General corporate purposes.
[Dilip Davda] The company is operating in a highly competitive and fragmented segment. It has posted an average performance so far. Based on its financial data, the issue is fully priced. Tiny equity base post listing indicates longer gestation for migration to the mainboard. Risk seeker/cash surplus investors may consider a moderate investment with a long-term perspective. Read detail review...
| Listing Date | November 16, 2022 |
| BSE Script Code | |
| NSE Symbol | AMIABLE |
| ISIN | INE0MTP01013 |
| Final Issue Price | ₹81 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹81.00 |
| Open | ₹129.95 |
| Low | ₹125.00 |
| High | ₹136.40 |
| Last Trade | ₹136.40 |
Amiable Logistics (India) Ltd.
322, 3rd Floor, D-Wing,
Neelkanth Business Park, Kirol Village, Near Bus,
Depot Vidhyavihar (West),
Mumbai, Maharashtra, 400086
Phone: 022–4969 0042/ 52
Email: investors@amiablelogistics.com
Website: https://www.amiablelogistics.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Amiable Logistics IPO is a SME IPO of 5,39,200 equity shares of the face value of ₹10 aggregating up to ₹4.37 Crores. The issue is priced at ₹81 per share. The minimum order quantity is 1600.
The IPO opens on November 2, 2022, and closes on November 7, 2022.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Amiable Logistics IPO using UPI as a payment gateway. Zerodha customers can apply in Amiable Logistics IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Amiable Logistics IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Amiable Logistics IPO opens on November 2, 2022 and closes on November 7, 2022.
Amiable Logistics IPO lot size is 1600, and the minimum amount required for application is ₹1,29,600.
You can apply in Amiable Logistics IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Amiable Logistics IPO will be done on Friday, November 11, 2022, and the allotted shares will be credited to your demat account by Tuesday, November 15, 2022. Check the Amiable Logistics IPO allotment status.
The Amiable Logistics IPO listing date is on Wednesday, November 16, 2022.
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