Monday, March 26, 2018

AVG Logistics IPO Price Band, Market Lot, Dates, Allotment & Subscription Details

 Monday, March 26, 2018  
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AVG Logistics Ltd incorporated in 2010 based in Delhi. The company provides third party logistic services like full truck load and hub-and-spoke model warehousing services. They have PAN-India distribution network. They has warehousing facilities connected to several manufacturing and consumption centers in India. The warehouse includes in Modinagar, Delhi, Panipat and Gaziabad. They are in process to setup warehouses in Agartala and Mysore by April 2019. The company has 512 employee strength. AVG Logistics ipo is starting from 28 March and ends on 03 April. The price band is around Rs.105-107 with 1200 market lot. The ipo size is around 33.06 crore rupees.

IPO Review:
  • Apply With Risk (Both Side Listing Expected)
AVG Logistics IPO Dates & Price Band:
  • IPO Open: 28 March 2018
  • IPO Close: 03 April 2018
  • IPO Size: Approx Rs 33.06 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.105-107 Per Equity Share
  • Listing on: NSE SME
  • Shares: 3,090,000
  • Retail Portion: 50%
IPO Market Lot:
  • Shares: Apply for 2,000 Shares (Minimum Lot Size)
  • Amount: Rs.1,28,400
Financial Results:

Rs. in Crore

2013 2014 2015 2016 2017
Revenues 0.96 1.30 1.83 1.92 1.95
Expenses 0.94 1.26 1.79 1.87 1.89
PAT 0.02 0.03 0.03 0.04 0.04


Grey Market Premium:
  • The grey market is around Rs.10000 Subject to Sauda.
AVG Logistics IPO Subscription Status:
  • IPO Subscribed 2.55 times overall
AVG Logistics IPO Allotment Status:
Company Promoters:
  •  Mr. Sanjay Gupta
  • Ms. Asha Gupta
  • Ms. Niti Gupta
Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Link Intime India Private Ltd
Phone: +91-22-25963838
Fax: +91-22-25946969
Email: [email protected]
Website: http://www.linkintime.co.in


IPO Lead Managers:
  • Systematix Corporate Services Limited
Company Address:
AVG Logistics Limited
Shop No. 25
DDA Market, Savita Vihar
Delhi 110092
Phone: +91 11 4567 4071
Fax: +91-11-22124356
Email: [email protected]
Website: http://www.avglogistics.com

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