Allotment

Ashwini Container Movers Limited came to the market with a book-built IPO worth ₹71.00 crore. The entire issue consisted of fresh equity shares, with 0.50 crore new shares offered to raise the full amount. The IPO opened for subscription on December 12, 2025, and closed on December 16, 2025. The allotment of shares was completed on December 17, 2025, and the company was subsequently listed on the NSE SME platform on December 19, 2025.
The IPO was priced at ₹142 per share. Investors were required to apply for a minimum lot size of 1,000 shares. For retail investors, the minimum investment amount was ₹2,84,000, calculated at the upper price band for two lots. High Net Worth Individuals (HNIs) were required to invest in at least three lots, amounting to ₹4,26,000.
Corporate Professionals Capital Pvt. Ltd. acted as the book-running lead manager for the issue, while Bigshare Services Pvt. Ltd. served as the registrar. Choice Equity Broking Pvt. Ltd. was appointed as the market maker.
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| IPO Date | 19 Dec |
| IPO Listing Date | 19 Dec |
| IPO Face Value | ₹10 per share |
| IPO Price Range | ₹142.00 |
| IPO Issue Size | 50,00,000 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | NSE SME Platform |
| Share Holding Pre Issue | 1,00,00,000 shares |
| IPO Open Date | 12 Dec |
| IPO Close Date | 16 Dec |
| IPO Allotment (Tentative) | 17 Dec |
| Refunds | 18 Dec |
| Credit to Demat Account | 18 Dec |
| IPO Listing Date | 19 Dec |
| Category | Offer |
|---|---|
| QIB Shares Offered | 23,64,000 (47.28%) Shares |
| NII (HNI) Shares Offered | 7,20,000 (14.40%) Shares |
| Retail Shares Offered | 16,66,000 (33.32%) Shares |
Investors can bid for a minimum of 2,000 shares, and in multiples of 1,000 shares thereafter.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2200 | ₹2,84,000 |
| Retail (Max) | 2 | 2200 | ₹2,84,000 |
| S-HNI (Min) | 3 | 3000 | ₹4,26,000 |
| S-HNI (Max) | 7 | 7000 | ₹9,94,000 |
| B-HNI (Min) | 8 | 8000 | ₹11,36,000 |
Incorporated in April 2012, Ashwini Container Movers Limited is a domestic logistics company engaged in the surface transportation of cargo across India, with a primary focus on Maharashtra and Gujarat. The company provides B2B transportation services, mainly moving containerised goods between manufacturing facilities and ports, supporting both import and export operations.
Ashwini Container Movers specialises in Full Container Load (FCL) transportation using dry and refrigerated (reefer) containers, while also handling Less than Container Load (LCL) consignments and Over-Dimensional Cargo (ODC). As of September 30, 2025, the company operated an owned fleet of over 300 containerised vehicles, including 20-foot and 40-foot trucks, enabling efficient and secure cargo movement.
The Company is supported by a workforce of 154 employees, managing operations, finance, and driving functions. It follows recognised quality and safety standards and holds ISO 9001, ISO 14001, and ISO 45001 certifications, along with GDP, CTPAT (US), and FSSAI compliance, reflecting its commitment to operational excellence and customer satisfaction.
| Assets | 121.21 | 101.46 | 78.31 |
| Total Income | 55.86 | 96.06 | 79.27 |
| Profit After Tax | 9.91 | 11.45 | 1.38 |
| EBITDA | 19.01 | 24.89 | 13.64 |
| NET Worth | 29.8 | 20.42 | 9.39 |
| Reserves and Surplus | 20.4 | 10.84 | 9.14 |
| Total Borrowing | 74.9 | 62.57 | 58.7 |
| ROE | 77% |
| ROCE | 25% |
| Debt/Equity | - |
| RoNW | 76.82% |
| PAT Margin | - |
| EBITDA Margin | 26.44% |
| Price to Book Value | 6.95 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | 9.03 |
| 2 | To meet out the expenses of Working Capital Requirement | - |
| 3 | To meet out the General Corporate Purposes; | 9.35 |
| 4 | Offer for Sale (OFS) | - |
Ashwini Container Movers Ltd.
409, Skylark Premises Co-op Society Ltd..
Sector 11, Plot No. 63, Thane,
Maharashtra, India, 400614
Phone: +91 22-27420030
Email: compliance@ashwinimovers.com
Website: http://www.ashwinimovers.com/
IPO Registrar
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
The IPO is priced at ₹142 per share. The minimum lot size for retail investors is 1,000 shares, with a minimum investment of ₹2,84,000 for two lots
The IPO opened on 12th December 2025 and closed on 16th December 2025. The allotment was completed on 17th December 2025.
The funds will be used for repayment of borrowings (₹42.5 crore), capital expenditure for truck purchases (₹9.03 crore), and general corporate purposes (₹9.35 crore).
The shares are listed on the NSE SME platform. The tentative listing date was 19th December 2025 after allotment and credit to investors’ Demat accounts.
Ashwini Container Movers operates a fleet of 300+ containerised vehicles, offering FCL, LCL, and ODC cargo transport with ISO-certified processes and compliance with global safety standards.