AVG Logistics Limited IPO (AVG Logistics IPO) Detail

Mar 28, 2018 - Apr 3, 2018

Incorporated in 2010, Delhi based AVG Logistics Limited is a third-party logistics service operator. The company offers Full Truck Load (FTL) and “hub-and-spoke” transportation model and warehousing services to select clients with the pan-India distribution network and automated technology systems.

AVG offers its customers services in three key areas:

(1) Transportation whereby we provide point-to-point, less than truck-load, time-definite transportation services;
(2) Warehousing whereby we provide warehousing, distribution and cold-chain warehousing; and
(3) Value-added Services including, temperature-controlled logistics, supply chain solutions and cargo handling services at integrated check posts.

As of September 30, 2017, the company had five (5) trans-shipment centres at Guwahati, Bangalore, Hyderabad, DelhiUP border, and Kundli (Delhi-Haryana border) and forty nine (49) branches across India, covering twenty three (23) states as of September 30, 2017. It operates two hundred sixty four (264) owned containerised vehicles which are GPS-enabled vehicles, of which eighty five (85) are refrigerated (reefer) trucks.

AVG also provides warehousing facilities to select customers and the warehouses are well connected to several manufacturing and consumption clusters in India aggregating to 3.54 lakh square feet. It has warehouses in Modinagar, Ghaziabad, Delhi and Panipat. The company is in the process of setting up additional large format, multi-user warehouses in certain strategic locations and have acquired land at Agartala in Tripura and Mysore in Karnataka adding 1.08 lakhs square feet which will enable the expansion of its warehousing space to 4.62 lakhs square feet by April, 2019.

As of January 31, 2018, we had 521 full-time employees.

Company Promoters:

The promoters of the Company are Mr. Sanjay Gupta, Ms. Asha Gupta and Ms. Niti Gupta. The Promoter holds 72,04,000 Equity Shares, which constitutes approximately 99.94% of the issued, subscribed and paid-up Equity Share capital of the Company.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lacs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 8,352.23 6,996.76 6,096.39 4,058.12 2,951.18
Total Revenue 19,485.88 19,229.25 18,331.70 13,041.25 9,631.92
Profit After Tax 443.34 380.16 319.31 262.06 190.48

Objects of the Issue:

The objects of the Issue are-

1. Setting-up Warehousing facilities at Agartala, Tripura, and Mysore (Mysuru), Karnataka
2. Working Capital Requirement
3. General Corporate Purpose and
4. To meet Issue related Expenses

AVG Logistics IPO Details

IPO Opening DateMar 28, 2018
IPO Closing DateApr 3, 2018
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹105 to ₹107 per equity share
Market Lot1200 Shares
Min Order Quantity1200 Shares
Listing AtNSE SME
Issue Size3,090,000 Eq Shares of ₹10
(aggregating up to ₹33.06 Cr)

AVG Logistics IPO Lot Size

The AVG Logistics IPO market lot size is 1200 shares. A retail-individual investor can apply for up to 1 lots (1200 shares or ₹128,400).

ApplicationLotsSharesAmount (Cut-off)
Minimum11200₹128,400
Maximum11200₹128,400

AVG Logistics IPO Subscription Status (Bidding Detail)

The AVG Logistics IPO is subscribed 1.92x times on Apr 3, 2018 17:00. The public issue subscribed 1.08x in the retail category, in the QIB category, and 2.28x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
NII

2.28x

RII

1.08x

Total

1.92x

AVG Logistics IPO Prospectus

AVG Logistics IPO Rating

70
3.4
Rating:Rated 3.4 stars

Vote Here ...

AVG Logistics IPO Listing Date

Listing DateWednesday, April 11, 2018
BSE Script Code
NSE SymbolAVG
Listing In
ISININE680Z01018
IPO Price₹107 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
NSE SME
IPO Price:₹107.00
Open:₹113.00
Low:₹112.00
High:₹118.65
Last Trade:₹118.55
Volume:530,400

AVG Logistics IPO Reviews / Ratings

Company Contact Information

AVG Logistics Limited
Shop No. 25
DDA Market, Savita Vihar
Delhi 110092

Phone: +91 11 4567 4071
Email: compliances@avglogistics.com
Website: http://www.avglogistics.com

AVG Logistics IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: avglogistics.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

AVG Logistics IPO FAQs

  1. What is AVG Logistics IPO?

    AVG Logistics IPO is a SME IPO of 3,090,000 equity shares of the face value of ₹10 aggregating up to ₹33.06 Crores. The issue is priced at ₹105 to ₹107 per equity share. The minimum order quantity is 1200 Shares.

    The IPO opens on Mar 28, 2018, and closes on Apr 3, 2018.

    Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

  2. When AVG Logistics IPO will open?

    The AVG Logistics IPO opens on Mar 28, 2018 and closes on Apr 3, 2018.

  3. What is the lot size of AVG Logistics IPO?

    AVG Logistics IPO lot size is 1200 Shares and the minimum order quantity is 1200 Shares.

  4. How to apply for AVG Logistics IPO?

    You can apply in AVG 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. When AVG Logistics IPO allotment?

    The finalization of Basis of Allotment for AVG Logistics IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the AVG Logistics IPO allotment status.

  6. When is AVG Logistics IPO listing date?

    The AVG Logistics IPO listing date is on Wednesday, April 11, 2018.

AVG Logistics IPO Message Board

Ranked Members  Ranked Members

Loading...
25. Hiteshji |Apr 11, 2018 10:38
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
I told you earlier that it will lists at premium. Congratulations to those who earn good profit....
24. PRERAK SHAH |Apr 11, 2018 09:57
Upper circuit 118.65
23. Hiteshji |Apr 11, 2018 09:45
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Lists at 113. Good one.
22. S T |Apr 11, 2018 09:28
Allotment out on http://www.bigshareonline.com/bssipoapplicationstatus.aspx
Mine is 0/2 :(
21. Hiteshji |Apr 11, 2018 09:15
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Today listing....it will gv you return. Dont worry...keep hope..
20. lakshya agg |Apr 11, 2018 08:20
listing in trade to trade


ram jane kya hoga ab
19. Hiteshji |Apr 9, 2018 20:37
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Allotments tomorrow.....All the best....
19.5. IPOANALYSIS |Apr 10, 2018 14:10
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
tarachand didn't have nikhil vohra backing

this will be a winner in long run. keep holding those who are alloted.
i am looking to buy on secondary market as I didn't apply in primary as we can get fair chance to buy on listing day
19.6. lakshya agg |Apr 10, 2018 16:27
listing on 12 april
18. IPOANALYSIS |Apr 10, 2018 13:41
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
i missed to apply this one but will see if can buy from secondary market
anchor investor is strong. dont think about listing gain as this is a portfolio stocks
keep holding as when weak hands will get out it can give excellent return in long term
17. PRERAK SHAH |Apr 10, 2018 13:41
my client got 1 - 4/5
2 - 4/4
3 - 1/3
4 - 0/1 .
so no firm allotment ..... but multiple application got good allotment .
16. Hiteshji |Apr 10, 2018 13:09
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Allotment done.. Ratio 50 50. ????
15. PRERAK SHAH |Apr 10, 2018 12:08
allotment out - firm allotment
15.2. S T |Apr 10, 2018 12:51
0/1.. No firm allotment.
15.3. S T |Apr 10, 2018 12:52
@PRERAK SHAH : At what price you have applied.. between Rs. 105 to 107. .What is your price?
14. PRERAK SHAH |Apr 10, 2018 12:09
check allotment status .....

https://www.linkintime.co.in/IPO/public-issues.html
13. PRERAK SHAH |Apr 10, 2018 12:09
what is a grey market premium ?
12. Splendid |Apr 9, 2018 15:24
Top Contributor Top Contributor (200+ Posts)
Allotment Date?
12.1. DownriteVJ |Apr 10, 2018 11:04
IPO Guru IPO Guru (1200+ Posts, 1100+ Likes)
Today
12.2. Splendid |Apr 10, 2018 11:14
Top Contributor Top Contributor (200+ Posts)
Listing on 11th April so allotment should have been come yesterday
11. Hiteshji |Apr 8, 2018 15:07
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Sound good. Must lists at premium.
10. S T |Apr 7, 2018 15:11
Bid / Issue Opening Date: March 28, 2018
Bid / Issue Closing Date: April 03, 2018
Finalisation of Basis of Allotment with the Designated Stock Exchange On or before: April 06, 2018
Initiation of Refunds On or before: April 09, 2018
Credit of Equity Shares to demat accounts of Allottees On or before: April 09, 2018
Commencement of trading of the Equity Shares on the Stock Exchange On or before: April 11, 2018
9. S T |Mar 31, 2018 18:16
AVG Logistics IPO: Sixth Sense takes in anchor
https://www.thehindubusinessline.com/markets/avg-logistics-ipo-sixth-sense-takes-in-anchor/article23366158.ece
9.1. an Investor |Apr 2, 2018 11:18
But I still see 0 bid in QIB portion. Am I missing anything?
9.2. S T |Apr 4, 2018 16:20
From where did you find out that QIB is 0 subscription?

Latest subscription figures:

Total Subscription      1.92X
Retail Subscription      1.08X
HNI Subscription      2.77X
QIBs      Yes
8. share blaster |Apr 3, 2018 13:37
qib also applied
7. IPOANALYSIS |Apr 2, 2018 18:22
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
people have still not learnt lesson,

out of last 19 sme listed only 3 have given returns rest are at same price or much below price
when you have no ipo or sme performing then better to stay away and take a call post listing as no sme is giving any listing gain

instead one can buy listed ones like east india securities and angel fiber.
both are available very cheap in comparision to new sme ipo coming which are very expensive


6. AKMP |Apr 2, 2018 12:17
Anchor investor have ability to hold investments for 5 years







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