Ashwini Container Movers IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Dec 12 to Dec 16 2025
Price Band
₹135 - 142
Current GMP
₹147.0 (+3.52%)
Subscription
1.70 times
IPO Details
| IPO Date | 12 to 16 Dec, 2025 |
| Listing Date | Fri, Dec 19, 2025 |
| Face Value | ₹ 10 per share |
| Price Band | ₹135 to ₹142 |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 50,00,000 shares (agg. up to ₹ 71.00 Cr) |
| Reserved for Market Maker | 2,50,000 shares (agg. up to ₹ 3.55 Cr) Choice Equity Broking Pvt.Ltd. |
| Net Offered to Public | 47,50,000 shares (agg. up to ₹ 67.45 Cr) |
| Share Holding Pre Issue | 1,00,00,000 shares |
| Share Holding Post Issue | 1,50,00,000 shares |
| NSE Symbol | ASHWINI |
| ISIN | INE1A6Q01010 |
IPO Date
12 to 16 Dec, 2025
Listing Date
Fri, Dec 19, 2025
Face Value
₹ 10 per share
Price Band
₹135 to ₹142
Lot Size
1,000 Shares
Sale Type
Fresh Capital
Issue Type
Bookbuilding IPO
Listing At
NSE SME
Total Issue Size
50,00,000 shares (agg. up to ₹ 71.00 Cr)
Reserved for Market Maker
2,50,000 shares (agg. up to ₹ 3.55 Cr) Choice Equity Broking Pvt.Ltd.
Net Offered to Public
47,50,000 shares (agg. up to ₹ 67.45 Cr)
Share Holding Pre Issue
1,00,00,000 shares
Share Holding Post Issue
1,50,00,000 shares
NSE Symbol
ASHWINI
ISIN
INE1A6Q01010
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| QIB (Ex Anchor) | 1.31 |
| Non-Institutional Buyers*** | 3.50 |
| bNII (bids above ₹10L) | 4.51 |
| sNII (bids below ₹10L) | 1.48 |
| Individual Investors | 1.15 |
| Total ** | 1.70 |
Anchor Investors
1
Market Maker
1
QIB (Ex Anchor)
1.31
Non-Institutional Buyers***
3.50
bNII (bids above ₹10L)
4.51
sNII (bids below ₹10L)
1.48
Individual Investors
1.15
Total **
1.70
Day Wise Sub
| Day | QIB (Ex Anchor) | NII* | NII (> ₹10L) | NII (< ₹10L) | Individual Investors | Total |
|---|---|---|---|---|---|---|
| Day 1 Dec 12, 2025 | 0.00 | 0.20 | 0.30 | 0.00 | 0.29 | 0.19 |
| Day 2 Dec 15, 2025 | 0.00 | 0.26 | 0.34 | 0.09 | 0.53 | 0.32 |
| Day 3 Dec 16, 2025 | 1.31 | 3.50 | 4.51 | 1.48 | 1.15 | 1.70 |
DayDay 1
Dec 12, 2025
QIB (Ex Anchor)0.00
NII*0.20
NII (> ₹10L)0.30
NII (< ₹10L)0.00
Individual Investors0.29
Total0.19
DayDay 2
Dec 15, 2025
QIB (Ex Anchor)0.00
NII*0.26
NII (> ₹10L)0.34
NII (< ₹10L)0.09
Individual Investors0.53
Total0.32
DayDay 3
Dec 16, 2025
QIB (Ex Anchor)1.31
NII*3.50
NII (> ₹10L)4.51
NII (< ₹10L)1.48
Individual Investors1.15
Total1.70
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 19-12-2025 | 142.00 | 5(3.52%) | 147 |
| 18-12-2025 | 142.00 | 5(3.52%) | 147 |
| 17-12-2025 | 142.00 | 1(0.70%) | 143 |
| 16-12-2025 | 142.00 | 3(2.11%) | 145 |
| 15-12-2025 | 142.00 | 3(2.11%) | 145 |
| 14-12-2025 | 142.00 | 9(6.34%) | 151 |
| 13-12-2025 | 142.00 | 9(6.34%) | 151 |
| 12-12-2025 | 142.00 | 9(6.34%) | 151 |
| 11-12-2025 | 142.00 | 7(4.93%) | 149 |
| 10-12-2025 | 142.00 | 6(4.23%) | 148 |
| 09-12-2025 | 142.00 | 6(4.23%) | 148 |
| 08-12-2025 | 142.00 | 0(0.00%) | 142 |
| 07-12-2025 | 142.00 | 0(0.00%) | 142 |
| 06-12-2025 | 142.00 | 0(%) | (%) |
Date19-12-2025
Price142.00
GMP5(3.52%)
Estimate List Price147
Date18-12-2025
Price142.00
GMP5(3.52%)
Estimate List Price147
Date17-12-2025
Price142.00
GMP1(0.70%)
Estimate List Price143
Date16-12-2025
Price142.00
GMP3(2.11%)
Estimate List Price145
Date15-12-2025
Price142.00
GMP3(2.11%)
Estimate List Price145
Date14-12-2025
Price142.00
GMP9(6.34%)
Estimate List Price151
Date13-12-2025
Price142.00
GMP9(6.34%)
Estimate List Price151
Date12-12-2025
Price142.00
GMP9(6.34%)
Estimate List Price151
Date11-12-2025
Price142.00
GMP7(4.93%)
Estimate List Price149
Date10-12-2025
Price142.00
GMP6(4.23%)
Estimate List Price148
Date09-12-2025
Price142.00
GMP6(4.23%)
Estimate List Price148
Date08-12-2025
Price142.00
GMP0(0.00%)
Estimate List Price142
Date07-12-2025
Price142.00
GMP0(0.00%)
Estimate List Price142
Date06-12-2025
Price142.00
GMP0(%)
Estimate List Price(%)
IPO Important Dates
| IPO Open Date | Fri, Dec 12, 2025 |
| IPO Close Date | Tue, Dec 16, 2025 |
| Tentative Allotment | Wed, Dec 17, 2025 |
| Initiation of Refunds | Thu, Dec 18, 2025 |
| Credit of Shares to Demat | Thu, Dec 18, 2025 |
| Tentative Listing Date | Fri, Dec 19, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Dec 16, 2025 |
IPO Open Date
Fri, Dec 12, 2025
IPO Close Date
Tue, Dec 16, 2025
Tentative Allotment
Wed, Dec 17, 2025
Initiation of Refunds
Thu, Dec 18, 2025
Credit of Shares to Demat
Thu, Dec 18, 2025
Tentative Listing Date
Fri, Dec 19, 2025
Cut-off time for UPI mandate confirmation
5 PM on Tue, Dec 16, 2025
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,000 | ₹2,84,000 |
| Individual investors (Retail) (Max) | 2 | 2,000 | ₹2,84,000 |
| S-HNI (Min) | 3 | 3,000 | ₹4,26,000 |
| S-HNI (Max) | 7 | 7,000 | ₹9,94,000 |
| B-HNI (Min) | 8 | 8,000 | ₹11,36,000 |
ApplicationIndividual investors (Retail) (Min)
Lots2
Shares2,000
Amount₹2,84,000
ApplicationIndividual investors (Retail) (Max)
Lots2
Shares2,000
Amount₹2,84,000
ApplicationS-HNI (Min)
Lots3
Shares3,000
Amount₹4,26,000
ApplicationS-HNI (Max)
Lots7
Shares7,000
Amount₹9,94,000
ApplicationB-HNI (Min)
Lots8
Shares8,000
Amount₹11,36,000
Key Performance Indicator
| ROE | 76.82% |
| ROCE | 25.39% |
| RoNW | 76.82% |
| EBITDA Margin | 26.44% |
| Price to Book Value | 6.95 |
ROE
76.82%
ROCE
25.39%
RoNW
76.82%
EBITDA Margin
26.44%
Price to Book Value
6.95
Peers Comparison
| Company Name | EPS (Basic) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio |
|---|---|---|---|---|---|
| Ashwini Container Mover | 11.45 | 20.42 | 76.82 | ||
| Pranik Logistics | 5.85 | 34.40 | 12.34 | 24.36 | 2.09 |
| Premier Roadlines | 7.09 | 38.96 | 12.40 | 17.61 | 2.18 |
Company NameAshwini Container Mover
EPS (Basic)11.45
NAV (per share) (Rs)20.42
P/E (x)
RoNW (%)76.82
P/BV Ratio
Company NamePranik Logistics
EPS (Basic)5.85
NAV (per share) (Rs)34.40
P/E (x)12.34
RoNW (%)24.36
P/BV Ratio2.09
Company NamePremier Roadlines
EPS (Basic)7.09
NAV (per share) (Rs)38.96
P/E (x)12.40
RoNW (%)17.61
P/BV Ratio2.18
IPO Reservation
| Market Maker Shares Offered | 2,50,000 (5.00%) |
| QIB Shares Offered | 23,64,000 (47.28%) |
| − Anchor Investor Shares Offered | 14,16,000 (28.32%) |
| − QIB (Ex. Anchor) Shares Offered | 9,48,000 (18.96%) |
| NII (HNI) Shares Offered | 7,20,000 (14.40%) |
| − bNII > ₹10L | 4,80,000 (9.60%) |
| − sNII < ₹10L | 2,40,000 (4.80%) |
| Retail Shares Offered | 16,66,000 (33.32%) |
| Total Shares Offered | 50,00,000 (100.00%) |
Market Maker Shares Offered
2,50,000 (5.00%)
QIB Shares Offered
23,64,000 (47.28%)
− Anchor Investor Shares Offered
14,16,000 (28.32%)
− QIB (Ex. Anchor) Shares Offered
9,48,000 (18.96%)
NII (HNI) Shares Offered
7,20,000 (14.40%)
− bNII > ₹10L
4,80,000 (9.60%)
− sNII < ₹10L
2,40,000 (4.80%)
Retail Shares Offered
16,66,000 (33.32%)
Total Shares Offered
50,00,000 (100.00%)
Information about company
Incorporated in April 2012, Ashwini Container Movers Limited is a transportation provider specialising in cargo transport across India, primarily in Maharashtra and Gujarat.
The company specialises in the surface transportation of goods using containerised lorries. As of 30 September 2025, the logistics operations are supported by its own fleet of containerised lorries, comprising over 300 vehicles, including 20-foot and 40-foot vehicles.
The company serves B2B customers, transporting bulk goods within India, from client factories to ports and vice versa. They specialise in moving containerised goods between ports and factories for importers and exporters.
The company focuses on Full Container Load (FCL) transportation, offering reefer and dry containers.
It also handles Less Container Load (LCL) and Over Dimension Cargo (ODC). FCL assigns a truck to a single shipment, which is ideal for businesses that need secure delivery of large quantities.
As of September 30, 2025, the Company has 154 employee directors overseeing finance, operations, and vehicle driving.
The company is ISO 9001, 14001, and 45001 certified, along with GDP compliance for product distribution, CTPAT US compliance, and FSSAI
Competitive Strength
Disclaimer
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