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Amiable Logistics (India) Limited IPO (Amiable Logistics IPO) Detail

November 2, 2022 - November 7, 2022

Amiable Logistics IPO is a fixed price issue of Rs 4.37 crores. The issue is entirely a fresh issue of 5.39 lakh shares.

Amiable Logistics IPO bidding started from November 2, 2022 and ended on November 7, 2022. The allotment for Amiable Logistics IPO was finalized on Friday, November 11, 2022. The shares got listed on NSE SME on November 16, 2022.

Amiable Logistics IPO price is ₹81 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹129,600. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹259,200.

Shreni Shares Limited is the book running lead manager of the Amiable Logistics IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Amiable Logistics IPO RHP for detailed information.

Amiable Logistics IPO Details

IPO Date November 2, 2022 to November 7, 2022
Listing Date November 16, 2022
Face Value ₹10 per share
Price ₹81 per share
Lot Size 1600 Shares
Total Issue Size539,200 shares
(aggregating up to ₹4.37 Cr)
Fresh Issue539,200 shares
(aggregating up to ₹4.37 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Market Maker portion27,200 shares

Amiable Logistics IPO Reservation

Amiable Logistics IPO offers 539,200 shares. 256,000 (47.48%) to NII, 256,000 (47.48%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered27,200 (5.04%)
Other Shares Offered256,000 (47.48%)
Retail Shares Offered256,000 (47.48%)
Total Shares Offered539,200 (100%)

Amiable Logistics IPO Timeline (Tentative Schedule)

Amiable Logistics IPO opens on November 2, 2022, and closes on November 7, 2022.

IPO Open Date Wednesday, November 2, 2022
IPO Close Date Monday, November 7, 2022
Basis of Allotment Friday, November 11, 2022
Initiation of Refunds Monday, November 14, 2022
Credit of Shares to Demat Tuesday, November 15, 2022
Listing Date Wednesday, November 16, 2022
Cut-off time for UPI mandate confirmation 5 PM on November 7, 2022

Amiable Logistics IPO Lot Size

Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 1600 ₹129,600
Retail (Max) 1 1600 ₹129,600
HNI (Min) 2 3,200 ₹259,200
Lot Size Calculator

Amiable Logistics IPO Promoter Holding

Mr. Lalit Lakhamshi Mange is the promoter of the company.

Share Holding Pre Issue 100.00%
Share Holding Post Issue 69.16%

About Amiable Logistics (India) Limited

Incorporated in 2002, Amiable Logistics (India) Limited is in the business of providing services to importers and exporters for the smooth clearance of all kinds of imports and exports by air and sea as a clearing and forwarding agent and customs house broker. The company is a member of "The Brihanmumbai Custom House Agent's Association" popularly known as BCHAA or BCBA.

The company's services also include import-export consultancy, international freight forwarding, recovery of all types of claims including customs & insurance, warehousing, and transportation through air, road and sea.

The company provides a complete range of services like Freight Forwarding (Sea freight & Air freight), Customs Clearance, Warehousing, Transportation, Multimodal Transportation, loading/unloading of items to facilitate our customers with end-to-end solutions and other related value-added services.

The company cater its services mainly in the domestic market specifically in the state of Maharashtra.

Strengths:

  • Diversified revenue sources and customer base.
  • Modern Processes and Technology.
  • Team of professionals.
  • Smooth flow of operations.
  • Comprehensive solution for logistics requirement.
  • Customer oriented approach.
  • Infrastructural Strength.

Company Financials

Amiable Logistics (India) Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20464.111613.2821.4392.2272.0799.47
31-Mar-21317.481403.5329.67127.16107.0165.77
31-Mar-22368.211725.9248.38175.5454.644.54
30-Sep-22657.011364.0865.08240.62119.7261.42
Amount in ₹ Lakhs

Key Performance Indicator

The market capitalization of Amiable Logistics IPO is Rs 14.16 Cr.

Pre IPO Post IPO
P/E (x) 10.9

Objects of the Issue (Amiable Logistics IPO Objectives)

The company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:

1. Funding working capital requirements.

2. General corporate purposes.

Amiable Logistics IPO Review (May apply)

[Dilip Davda]  The company is operating in a highly competitive and fragmented segment. It has posted an average performance so far. Based on its financial data, the issue is fully priced. Tiny equity base post listing indicates longer gestation for migration to the mainboard. Risk seeker/cash surplus investors may consider a moderate investment with a long-term perspective. Read detail review...


Amiable Logistics IPO Subscription Status (Bidding Detail)

The Amiable Logistics IPO is subscribed 234.00 times on November 7, 2022 7:00:00 PM. The public issue subscribed 281.98 times in the retail category, times in the QIB category, and 186.03 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
Other186.03
Retail281.98
Total234.00

Amiable Logistics IPO Prospectus

Amiable Logistics IPO Rating

205
4.0
Rating:Rated 4.0 stars
Vote Here ...

Amiable Logistics IPO Listing Details

Listing Date November 16, 2022
BSE Script Code
NSE Symbol AMIABLE
ISIN INE0MTP01013
Final Issue Price ₹81 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹81.00
₹129.95
₹125.00
₹136.40
₹136.40

Check IPO Performance…

Amiable Logistics (India) Limited Contact Details

Amiable Logistics (India) Limited
322, 3rd Floor, D-Wing,
Neelkanth Business Park, Kirol Village, Near Bus
Depot Vidhyavihar (West), Mumbai 400086
Phone: 022–4969 0042/ 52
Email: investors@amiablelogistics.com
Website: https://www.amiablelogistics.com/

Amiable Logistics IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Amiable Logistics IPO - Buy or Not

Amiable Logistics IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 5 0 0

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Amiable Logistics IPO FAQs

Amiable Logistics IPO is a SME IPO of 539,200 equity shares of the face value of ₹10 aggregating up to ₹4.37 Crores. The issue is priced at ₹81 per share. The minimum order quantity is 1600 Shares.

The IPO opens on November 2, 2022, and closes on November 7, 2022.

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

Steps to apply in Amiable 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 'Amiable 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 Amiable Logistics IPO opens on November 2, 2022 and closes on November 7, 2022.

Amiable Logistics IPO lot size is 1600 Shares, and the minimum amount required is ₹129,600.

You can apply in Amiable Logistics IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Amiable Logistics IPO will be done on Friday, November 11, 2022, and the allotted shares will be credited to your demat account by Tuesday, November 15, 2022. Check the Amiable Logistics IPO allotment status.

The Amiable Logistics IPO listing date is on November 16, 2022.
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Amiable Logistics IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

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209 Comments

113. Suman Mishra |   Link |  Bookmark |November 21, 2022 3:11:51 PM
@team chittorgarh.com Listing day information unavailable on page.
113.1. Suman Mishra |   Link |  Bookmark |November 21, 2022 3:13:36 PM
Listing Day Trading Information
112. KetanD |   Link |  Bookmark |November 14, 2022 8:30:44 PM
@MRavichandran, @Looks and Other respective members,
any comment on today result of Markolines Pavement Technologies Ltd ?
112.2. KetanD |   Link |  Bookmark |November 18, 2022 4:55:39 AM
Thank you Lokes
112.3. MRavichandran |   Link |  Bookmark |November 19, 2022 7:58:59 AM
IPO Guru IPO Guru (2000+ Posts, 2700+ Likes)
@KetanD,
Unfortunately, I sold the Markolines after holding for so long just above par few months back (as usual it ran after selling). not followed after selling.

Thanks
111. Amit Jaipur |   Link |  Bookmark |November 18, 2022 8:33:35 AM
IPO Guru IPO Guru (1400+ Posts, 1400+ Likes)
Sold in preopen at 149 n now at LC. Hope it reverses back to UC.
111.1. Amit Jaipur |   Link |  Bookmark |November 18, 2022 5:28:09 PM
IPO Guru IPO Guru (1400+ Posts, 1400+ Likes)
Reversed n now closed above in green.
111.2. Rajendra Kumar Gupta |   Link |  Bookmark |November 18, 2022 8:29:49 PM
Mine sold 149
110. Amit Jaipur |   Link |  Bookmark |November 15, 2022 9:59:33 PM
IPO Guru IPO Guru (1400+ Posts, 1400+ Likes)
Lokes sir your opinion about its listing pls..
110.3. ipo share |   Link |  Bookmark |November 16, 2022 5:54:16 AM
IPO Guru IPO Guru (1500+ Posts, 700+ Likes)
@lokes
Thanks a lot for your kind guidance 🙏
110.4. lokes |   Link |  Bookmark |November 16, 2022 10:52:44 PM
IPO Guru IPO Guru (4300+ Posts, 5100+ Likes)
it listed almost near to safe buying price and then finally closed in UC....
anyways now most recent sme's are becoming too much up/down in listing or in 1-2 days like daps/ips/technopack/vital/ritezone etc....
109. Gaurav DD dimer |   Link |  Bookmark |November 16, 2022 6:10:09 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
@Team Chittorgarh

SME IPO Ambe agrotech is confirmed.
Issue Open Date - 21st November 2022
Issues close date 24th November 2022
Price 30/- per share
lot size 4000 sharea
registrar Cameo

Kindly ooen the page for same
109.1. Team Chittorgarh.com |   Link |  Bookmark |November 16, 2022 9:09:12 PM
IPO Mentor IPO Mentor (900+ Posts, 1500+ Likes)
Thank you.

Its added now.

Thank you,
Admin @ Chittorgarh.com

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108. GuruMahadev |   Link |  Bookmark |November 16, 2022 10:23:45 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
finally UL
107. Amit Jaipur |   Link |  Bookmark |November 16, 2022 10:15:05 AM
IPO Guru IPO Guru (1400+ Posts, 1400+ Likes)
Now at UC
106. Bhav |   Link |  Bookmark |November 16, 2022 9:07:43 AM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
I am happy it listed 60% premium, its same like cargotrans, same size almost, listed 60% than trippled with in 1 month.
106.1. Takamichi |   Link |  Bookmark |November 16, 2022 9:12:05 AM
IPO Mentor IPO Mentor (800+ Posts, 700+ Likes)
That was priced better than this .....
It has advantage of low ipo size.....won't go in negative ...but i doubt it would follow cargotrans....
Were u allotted or did u buy ?
106.2. Bhav |   Link |  Bookmark |November 16, 2022 9:38:25 AM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
I am alloted here and holding, because this sector is doing well ,will ser the trend, i m no expert, just mentioning past ipo trends in same sector
105. Takamichi |   Link |  Bookmark |November 16, 2022 8:55:10 AM
IPO Mentor IPO Mentor (800+ Posts, 700+ Likes)
Bad post listing performance of phantom and vital has taught people the lesson to not be blown by FOMO....
Anyway congrats to allotees.... Good profit of sixty percent.....
104. GSMR |   Link |  Bookmark |November 16, 2022 6:19:22 AM
Is Amiable a good buy post listing or should one consider Cargosol which is trading at around 72 ?
104.1. Gosohiw |   Link |  Bookmark |November 16, 2022 6:36:05 AM
Let's see, market chooses which one. Amiable is fully priced and discounts everything, so is cargosol now.
103. Imhilli |   Link |  Bookmark |November 15, 2022 12:21:52 PM
IPO Guru IPO Guru (1200+ Posts, 700+ Likes)
@Takamichi @Lokes
What is your on present performance of JFL Life? Everyday making new low. How long do you plan to hold?
103.1. lokes |   Link |  Bookmark |November 15, 2022 10:59:47 PM
IPO Guru IPO Guru (4300+ Posts, 5100+ Likes)
@Imhilli: latest half yearly results on 12th nov were not good in jfl...net profit has decreased 1 cr from 1.69 cr and eps decreased to 1.2 from 2.1 so share has fallen more in last 2 days...
only thing is debt and borrowings worth around 10 cr were repaid from ipo amounts so from next results, interest cost will be lower and ipo amount will be utilized for business expansion so better revenue and profits can be expected...
But in short term, share can move in range....
i had good trust on this but it didn't performed well and am also stuck here....it listed well and had some block deals too, after that went down....so either loss can be booked if it comes around 45-50 levels again or need to wait for 6 more months till next results....
102. AAvi |   Link |  Bookmark |November 15, 2022 10:03:43 PM
Respected members
Request clarification on one issue. Though, the topic is from FROG CELLSAT.
1. The market lot in respect of Frog changing from 1200 to 400 wef 15 Dec 22.
2. Does it mean one can sell 400 shares /800 shares and keep the remaining 800/400 shares.
3. Even at present stock rate, the one lot amounts to 3.5 lac appx. Whereas, there are many stocks in SME, where 1 lot is costing much more then why Frog.
4. Why 15 Dec, the rate may crash to original price or there is something else.
5. Any criteria for changing of market lot.
Thanks
102.1. IPOKnight |   Link |  Bookmark |November 15, 2022 10:38:45 PM
Point no 2 mentioned is correct.
In case of changes in lot size sometimes selling pressure is there on the share after the lot size changes like in SKP there was some selling pressure when lot size changed for 2 3 days then it becomes stable.
Previously I think the lot size used to change by exchanges in half yearly but dont know the criteria now as frog is a mid term change within a month of listing.
101. Kiaan |   Link |  Bookmark |November 15, 2022 4:58:37 PM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
Shahukar bhai kitna GMP chey.
100. IBLK |   Link |  Bookmark |November 15, 2022 2:05:15 PM
As per the internal news listing of Technopack on 16th November.

Is there any news for AMIABLE??
100.1. Amit Jaipur |   Link |  Bookmark |November 15, 2022 4:01:28 PM
IPO Guru IPO Guru (1400+ Posts, 1400+ Likes)
Amiable listing will be tommorrow for sure.
100.2. Amit Jaipur |   Link |  Bookmark |November 15, 2022 4:54:15 PM
IPO Guru IPO Guru (1400+ Posts, 1400+ Likes)
Official listing circular updated on nse site.
99. Trueinfo |   Link |  Bookmark |November 15, 2022 3:19:33 PM
IPO Guru IPO Guru (1800+ Posts, 1700+ Likes)
Bumper listing expected around 150. Very small size IPO. Attractive PE. Very scarce allotment. Huge demand expected post listing also.
99.1. Trueinfo |   Link |  Bookmark |November 15, 2022 3:26:41 PM
IPO Guru IPO Guru (1800+ Posts, 1700+ Likes)
Disclaimer, not alloted.
98. Kiaan |   Link |  Bookmark |November 15, 2022 2:06:18 PM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
Array bhai logon, kal listing hai, uski baat bhi to shuru karo.
97. Gosohiw |   Link |  Bookmark |November 15, 2022 10:49:49 AM
Looking at the current SME results , not buying at current GMP level. Cargosol after run-up and correction after 6 month result is at same valuation today (at issue price and not GMP) as this one. All the best to allottees for good listing. I may buy it in future it if available at good valuation. Won't participate in this FOMO. Thanks.
96. BABUKALIA |   Link |  Bookmark |November 14, 2022 5:32:35 PM
Sbi me kisi ka remove hua he ??
95. V V P REDDY |   Link |  Bookmark |November 14, 2022 4:15:04 PM
IN SBI AMOUNT STILL BLOCKED..NOT
RELEASED ????
94. V V P REDDY |   Link |  Bookmark |November 14, 2022 4:14:53 PM
IN SBI AMOUNT STILL BLOCKED..NOT
RELEASED ????