Aqua Logistics IPO Details

Bookbuilding IPO | ₹150 Cr | Listed at BSE, NSE | Mon, Jan 25, 2010 - Tue, Feb 2, 2010

Aqua Logistics IPO Logo

Aqua Logistics IPO is a book build issue of ₹150.00 crores. The issue is entirely a fresh issue of 0.69 crore shares of ₹150.00 crore.

Aqua Logistics IPO bidding started from Jan 25, 2010 and ended on Feb 2, 2010. The shares got listed on BSE, NSE on Feb 23, 2010.

Aqua Logistics IPO price band is set at ₹220 per share. The lot size for an application is 25. The minimum amount of investment required by an retail is ₹5,625 (25 shares) (based on upper price). The lot size investment for sNII is 37 lots (925 shares), amounting to ₹2,03,500, and for bNII, it is 182 lots (4,550 shares), amounting to ₹10,01,000.

Centrum Capital Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.

Refer to Aqua Logistics IPO RHP for detailed Information.

IPO Open

Mon, Jan 25, 2010

IPO Close

Tue, Feb 2, 2010

Issue Price

₹220 per share

Market Cap (Pre-IPO)

₹450.96 Cr

IPO Details

IPO Date25 Jan to 2 Feb, 2010
Listed onTue, Feb 23, 2010
Face Value10 per share
Price Band₹200 to ₹225
Issue Price₹220 per share
Lot Size25 Shares
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtBSE, NSE
Retail DiscountRs 5.00 per share

Total Issue Size69,16,225 shares
(agg. up to ₹150 Cr)
Fresh Issue 69,16,225 shares
(agg. up to ₹150 Cr)
Share Holding Pre Issue1,36,25,270 shares
Share Holding Post Issue2,04,98,122 shares
BSE Script Code / NSE Symbol533159 / AQUA
ISININE544K01018

IPO Timetable

Issue Reservation

Aqua Logistics IPO comprises a total issue size of 68,72,852 shares. Out of which, 34,36,426 (50.00%) are allocated to QIB, 10,30,927 (15.00%) allocated to NII 24,05,499 (35.00%) allocated to RII.

Investor Category Shares Offered % of Total Issue Max Allottees
QIB Shares Offered 34,36,42650.00%NA
NII (HNI) Shares Offered 10,30,92715.00%NA
Retail Shares Offered 24,05,49935.00%96,219
Total Shares Offered 68,72,852100.00%

IPO Lot Size

Investors can bid for a minimum of 25 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 25 ₹5,500
Retail (Max) 36 900 ₹1,98,000
S-HNI (Min) 37 925 ₹2,03,500
S-HNI (Max) 181 4,525 ₹9,95,500
B-HNI (Min) 182 4,550 ₹10,01,000
IPO Subscription Details

About Aqua Logistics Ltd.

Incorporated in 1999, Aqua Logistics Mumbai based third-party logistics service provider, delivering end-to-end solutions in the logistics and global supply chain domain. Aqua Logistics capabilities include supply chain consulting, logistics execution and project logistics. The scope of Aqua Logistics services includes:

1. Multimodal Transportation - Air, Ocean, Inland Transportation and Regulatory Services
2. Contract Logistics - Warehousing, Containerization and Reverse Logistics
3. Project Logistics - Oversized cargo movement, route surveys and safety measures

Company Financials ()

Period Ended
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Purchase of Specialized Equipments 30.52
2 Expansion and Establishment of Offices 17.11
3 Proposed Acquisitions 35.00
4 Additional Working Capital Requirement 45.00
5 Public Issue Expenses 12.00
6 General Corporate Purposes 10.38

Key Performance Indicator (KPI)

KPI
ROCE21.8%
RoNW17.63%
Pre IPOPost IPO
Promoter Holding0.6561%42.31%
Market Cap450.96 Cr.
Mr. Rajesh G. Uchil, Mr. M.S. Sayad, Mr. Harish G. Uchil, Mr. Gopalkrishna G. Uchil

Aqua Logistics IPO Subscription Status (Bidding Detail)

The Aqua Logistics IPO is subscribed 1.94 times on February 2, 2010 5:00:00 PM (Day 6). The public issue subscribed 3 times in the retail category, 0.26 times in the QIB category, and 5.07 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)Shares OfferedShares bid for
QIB0.2637,50,000
NII5.0711,25,000
Retail326,25,000
Total1.9475,00,000

Aqua Logistics Ltd IPO Grading / Rating

Brickwork has assigned an IPO Grade 3 to Aqua Logistics IPO. This means as per Brickwork, company has average fundamentals. Brickwork assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the Brickwork IPO Grading Document for Aqua Logistics Ltd.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Lead management, Syndicate fees, underwriting and selling commission 7.50
2 Advertisement and marketing expenses 1.40
3 Printing and stationery (including expenses on transportation of the material) 1.50
4 Others (Filing Fees with SEBI, BSE and NSE, Registrar’s fees, legal fees, IPO Grading, listing fees, travelling and other miscellaneous expenses etc.) 1.60

IPO Notices

External Link

Aqua Logistics Ltd IPO Revised Issue Detail

Book Running Lead Manager to the issue has informed the Bombay Stock Exchange and National Stock Exchange that the Book Building issue of Aqua Logistics Ltd will now close on Feb 02, 2010 instead of the earlier closing day on Jan 28,2010. Further price band has been revised from Rs 220/- to Rs 230/- per share to Rs 200/- to Rs 225/- per share.

Listing Day Trading Information

Price DetailsBSENSE
Final Issue Price220.00220.00
Open219.40225.00
Low219.40223.75
High245.80246.00
Last Trade244.30244.60

Check IPO Performance…

IPO Registrar

MUFG Intime India Pvt.Ltd.

Contact Details

Aqua Logistics Ltd. Address
5th Floor, B–Wing, Trade Star Building,
Andheri Kurla Road,
Andheri (East),
Mumbai, Maharashtra, 400059
Open an Instant Account with Zerodha

IPO FAQs

Aqua Logistics IPO is a main-board IPO of 69,16,225 equity shares of the face value of ₹10 aggregating up to ₹150 Crores. The issue is priced at ₹220 per share. The minimum order quantity is 25.

The IPO opens on Mon, Jan 25, 2010, and closes on Tue, Feb 2, 2010.

MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Aqua Logistics IPO using UPI as a payment gateway. Zerodha customers can apply in Aqua Logistics IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Aqua Logistics IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Aqua Logistics IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Aqua Logistics IPO opens on Mon, Jan 25, 2010 and closes on Tue, Feb 2, 2010.

Aqua Logistics IPO lot size is 25, and the minimum amount required for application is ₹5,500.

You can apply in Aqua 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 Aqua Logistics IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Aqua Logistics IPO allotment status.

The Aqua Logistics IPO listing date is on Tue, Feb 23, 2010.

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