Ashwini Container Movers Limited
Bookbuilding IPO · NSE
- Price band
- ₹135 - ₹142
- Lot size
- 1,000 shares
- Issue amount
- ₹71 cr
- Total subscription
- 1.78×
- Opens
- 12 Dec 2025
- Closes
- 16 Dec 2025
- Allotment
- 17 Dec 2025
- Listing
- 19 Dec 2025
Offer at a glance
Issue overview
- Issue size
- 50,00,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,35,000
- Fresh issue
- ₹71 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,42,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,00,00,000
- Shares after issue
- 1,50,00,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 2,000 | ₹2,84,000 |
| sHNI | 3 | 3,000 | ₹4,26,000 |
| bHNI | 8 | 8,000 | ₹11,36,000 |
Share reservation
Subscription & GMP
Subscription by category
Reported 16 Dec 2025
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 4 |
| NIB | 0 | 246 |
| RETAIL | 833 | 959 |
| HNIs(10L +) | 160 | 132 |
| HNIs (2-10L) | 80 | 114 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 13.46 | 17.65 |
| FIIs | 0 | 6.13 |
| Others | 0 | 11.52 |
| RETAIL | 23.66 | 27.24 |
| HNIs 2+ | 3.41 | 5.04 |
| HNIs 10+ | 6.82 | 34.32 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-25 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 9.91 | 11.45 | 1.38 |
| ROE | 39.45 | 76.82 | 15.83 |
| ROCE | 0 | 0 | 0 |
| RONW | 39.45 | 76.82 | 15.83 |
| PRE IPO(PE) | 0 | 12.4 | 0 |
| POST IPO(PE) | 10.75 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Ashwini Container Movers Limited | 12.40 | 142.00 | 10.00 | 20.42 | 76.82 | 11.45 |
| Pranik Logistics Limited | 12.34 | 71.50 | 10.00 | 34.4 | 24.36 | 5.85 |
| Premier Roadlines Limited | 83.30 | 10.00 | 0 | 38.96 | 17.61 | 7.09 |
Company information
Company profile
Ashwini Container Movers Limited, incorporated in April 2012, is a transportation company specializing in cargo movement across India, primarily in Maharashtra and Gujarat. As of September 30, 2024, it operates a fleet of over 250 containerized trucks, including 20-foot and 40-foot vehicles, serving B2B customers by transporting bulk goods between factories and ports for importers and exporters. The company focuses on Full Container Load (FCL) shipments with reefer and dry containers, while also handling Less Container Load (LCL) and Over Dimension Cargo (ODC), ensuring secure delivery of large consignments. Its operations are supported by 24 permanent drivers, 41 staff members, and over 200 on-demand drivers. The company is certified with ISO 9001, 14001, and 45001 standards, and complies with GDP for product distribution, CTPAT US standards, and FSSAI regulations.
Strengths
- Long-Standing Industry Presence – More than five decades in transport services, enabling reliable operations and customer confidence.
- Wide and Versatile Vehicle Fleet – Over 250 owned vehicles, including refrigerated and dry containers, supporting varied logistics needs.
- Smart Tech-Driven Operations – Real-time monitoring systems offer better shipment visibility and improved customer experience.
Risk factors
- Customer Concentration Risk – A major share of revenue comes from a limited number of clients, so losing a key customer may significantly affect business performance.
- Absence of Long-Term Agreements – Many clients do not have binding contracts, which increases unpredictability in future business volumes.
- Regional Market Dependence – High reliance on areas like Maharashtra and Gujarat makes operations vulnerable to any local economic or operational disruptions.
Promoters
Mr. Bhaskar Kisan Pawar
Mr. Govind Janabhau Sable
Registrar & documents
Lead manager
Corporate Professionals Capital Private Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
409, Skylark Premises Co-op Society Ltd., Sector 11, Plot No. 63 Thane- 400614 Thane, Maharashtra
+91 22- 27420030
[email protected]Company website ↗Understanding ASHWINI IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.