Bookbuilding IPO | ₹71 Cr | Listed at NSE SME | Fri, Dec 12, 2025 - Tue, Dec 16, 2025
Ashwini Container Movers IPO is a book build issue of ₹71.00 crores. The issue is entirely a fresh issue of 0.50 crore shares of ₹71.00 crore.
Ashwini Container Movers IPO bidding started from Dec 12, 2025 and ended on Dec 16, 2025. The allotment for Ashwini Container Movers IPO was finalized on Dec 17, 2025. The shares got listed on NSE SME on Dec 19, 2025.
Ashwini Container Movers IPO price band is set at ₹142 per share. The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹2,84,000 (2,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,000 shares), amounting to ₹4,26,000.
Corporate Professionals Capital Pvt.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 Choice Equity Broking Pvt.Ltd..
Refer to Ashwini Container Movers IPO RHP for detailed Information.
IPO Open
Fri, Dec 12, 2025
IPO Close
Tue, Dec 16, 2025
Issue Price
₹142 per share
Market Cap (Pre-IPO)
₹213.00 Cr
| IPO Date | 12 to 16 Dec, 2025 |
| Listed on | Fri, Dec 19, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹135 to ₹142 |
| Issue Price | ₹142 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 50,00,000 shares (agg. up to ₹71 Cr) |
| Reserved for Market Maker | 2,50,000 shares Choice Equity Broking Pvt.Ltd. (agg. up to ₹4 Cr) |
| Fresh Issue (Ex Market Maker) | 47,50,000 shares (agg. up to ₹67 Cr) |
| Net Offered to Public | 47,50,000 shares (agg. up to ₹67 Cr) |
| Share Holding Pre Issue | 1,00,00,000 shares |
| Share Holding Post Issue | 1,50,00,000 shares |
| NSE Symbol | ASHWINI |
| ISIN | INE1A6Q01010 |
Ashwini Container Movers IPO comprises a total issue size of 50,00,000 shares. The net offer to the public is 47,50,000 shares, after excluding 2,50,000 shares allotted on a firm basis. Of the Net offer 23,64,000 (49.77%) are allocated to QIB, 7,20,000 (15.16%) allocated to NII 16,66,000 (35.07%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 23,64,000 | 49.77% | 47.28% |
| − Anchor Investor Shares Offered | 14,16,000 | 28.32% | |
| − QIB (Ex. Anchor) Shares Offered | 9,48,000 | 18.96% | |
| NII (HNI) Shares Offered | 7,20,000 | 15.16% | 14.40% |
| − bNII > ₹10L | 4,80,000 | 9.60% | |
| − sNII < ₹10L | 2,40,000 | 4.80% | |
| Retail Shares Offered | 16,66,000 | 35.07% | 33.32% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,50,000 | 5.00% | |
| Total Shares Offered | 50,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,000 | ₹2,84,000 |
| Individual investors (Retail) (Max) | 2 | 2,000 | ₹2,84,000 |
| S-HNI (Min) | 3 | 3,000 | ₹4,26,000 |
| S-HNI (Max) | 7 | 7,000 | ₹9,94,000 |
| B-HNI (Min) | 8 | 8,000 | ₹11,36,000 |
Ashwini Container Movers IPO raises ₹20.11 crore from anchor investors. Ashwini Container Movers IPO Anchor bid date is December 11, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Thu, Dec 11, 2025 |
| Shares Offered | 14,16,000 |
| Anchor Portion (₹ Cr.) | 20.11 |
| Anchor lock-in period end date for 50% shares (30 Days) | Thu, Jan 15, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | Mon, Mar 16, 2026 |
Incorporated in April 2012, Ashwini Container Movers Limited is a transportation provider specialising in cargo transport across India, primarily in Maharashtra and Gujarat.
The company specialises in the surface transportation of goods using containerised lorries. As of 30 September 2025, the logistics operations are supported by its own fleet of containerised lorries, comprising over 300 vehicles, including 20-foot and 40-foot vehicles.
The company serves B2B customers, transporting bulk goods within India, from client factories to ports and vice versa. They specialise in moving containerised goods between ports and factories for importers and exporters.
The company focuses on Full Container Load (FCL) transportation, offering reefer and dry containers.
It also handles Less Container Load (LCL) and Over Dimension Cargo (ODC). FCL assigns a truck to a single shipment, which is ideal for businesses that need secure delivery of large quantities.
As of September 30, 2025, the Company has 154 employee directors overseeing finance, operations, and vehicle driving.
The company is ISO 9001, 14001, and 45001 certified, along with GDP compliance for product distribution, CTPAT US compliance, and FSSAI
Competitive Strength
Ashwini Container Movers Ltd.'s revenue increased by 21% and profit after tax (PAT) rose by 731% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 121.21 | 101.46 | 78.31 | 66.11 |
| Total Income | 55.86 | 96.06 | 79.27 | 77.16 |
| Profit After Tax | 9.91 | 11.45 | 1.38 | 2.10 |
| EBITDA | 19.01 | 24.89 | 13.64 | 12.17 |
| NET Worth | 29.80 | 20.42 | 9.39 | 8.01 |
| Reserves and Surplus | 20.40 | 10.84 | 9.14 | 7.76 |
| Total Borrowing | 74.90 | 62.57 | 58.70 | 47.38 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company | 42.50 |
| 2 | Funding capital expenditure requirement of the company towards purchase of trucks | 9.03 |
| 3 | General Corporate Purposes. | 9.35 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 76.82% |
| ROCE | 25.39% |
| RoNW | 76.82% |
| PAT Margin | 12.17% |
| EBITDA Margin | 26.44% |
| Price to Book Value | 6.95 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 11.45 | 13.21 |
| P/E (x) | 12.4 | 10.75 |
| Promoter Holding | 100% | 66.47% |
| Market Cap | ₹213.00 Cr. |
The Ashwini Container Movers IPO is subscribed 1.70 times on December 16, 2025 6:19:59 PM (Day 3). The public issue subscribed 1.15 times in the individual investors category, 1.31 times in the QIB category, and 3.50 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB (Ex Anchor) | 1.31 | 9,48,000 | 12,43,000 | 4 |
| NII* | 3.50 | 7,20,000 | 25,22,000 | 0 |
| bNII (bids above ₹10L) | 4.51 | 4,80,000 | 21,67,000 | |
| sNII (bids below ₹10L) | 1.48 | 2,40,000 | 3,55,000 | |
| Individual Investor | 1.15 | 16,66,000 | 19,18,000 | 959 |
| Total | 1.70 | 33,34,000 | 56,83,000 | 1,209 |
Total Application : 1,209
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager Fees | 0.50 |
| 2 | Fees Payable to Registrar to the Issue | 0.01 |
| 3 | Fees payable to Legal Advisor | 0.07 |
| 4 | Fees Payable Advertising, Marketing Expenses and Printing Expenses | 0.10 |
| 5 | Fees Payable to Regulators including Stock Exchanges and other Intermediaries | 0.05 |
| 6 | Fees payable to Peer Review Auditor | 0.12 |
| 7 | Fees Payable to Market Maker (for Three Years) | 0.15 |
| 8 | Others (Fees payable for marketing & distributing expenses, selling commission, brokerage, processing fees, underwriting fees and miscellaneous expenses.) | 9.11 |
| 9 | Escrow Bank Fees |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹142.00 |
| Open | ₹147.00 |
| Low | ₹139.65 |
| High | ₹147.00 |
| Last Trade | ₹140.10 |
Lead Manager Reports
Ashwini Container Movers IPO is a SME IPO of 50,00,000 equity shares of the face value of ₹10 aggregating up to ₹71 Crores. The issue is priced at ₹142 per share. The minimum order quantity is 1000.
The IPO opens on Fri, Dec 12, 2025, and closes on Tue, Dec 16, 2025.
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 Ashwini Container Movers IPO using UPI as a payment gateway. Zerodha customers can apply in Ashwini Container Movers IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Ashwini Container Movers IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Ashwini Container Movers IPO opens on Fri, Dec 12, 2025 and closes on Tue, Dec 16, 2025.
Ashwini Container Movers IPO lot size is 1000, and the minimum amount required for application is ₹2,84,000, with 2 lots being the minimum application size.
You can apply in Ashwini Container Movers 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 Ashwini Container Movers IPO will be done on Wednesday, December 17, 2025, and the allotted shares will be credited to your demat account by Thu, Dec 18, 2025. Check the Ashwini Container Movers IPO allotment status.
The Ashwini Container Movers IPO listing date is on Fri, Dec 19, 2025.
