Amiable Logistics SME IPOAmiable Logistics (India) SME IPO Analysis @ Chanakyanipothi.com,
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    Subscription Trend of Day 3
    On 4.11.2022 at 5.00 pm
      No. of No. of times
      Shares offered Subscribed
    NII 256000 3.27
    Retail  256000 21.06
    Total 512000 12.16

    Guidance: The IPO size is very small and retail portion can get oversubscribed by 160 forms. The turnover and profits of the company has shown strong rise during last 3 years. If the company can maintain its latest profitability, the IPO is very reasonably price, however there is no strong fancy in the grey market. There are chances of reasonable returns on listing.

    Amiable Logistics (India) Company Details

    Amiable Logistics (India) 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. Its services also include import export consultancy, international freight forwarding, recovery of all type of claims including custom & insurance, warehousing, and transportation through air, road and sea.
    It is Member of “The Brihanmumbai Custom House Agent’s Association” popularly known as BCHAA or BCBA. It is certified by Indian Customs in its Authorized Economic Operators (AEO) programme under CBIC Circular Number 33/2016-Customs, dated July 22, 2016, in appreciation of its commitment to secure the international supply chain and in compliance with the WCO’s SAFE Framework of Standards. AEO is a voluntary programme. It enables Indian Customs to enhance and streamline cargo security through close cooperation with the principal stakeholders of the international supply chain viz. importers, exporters, logistics providers, custodians or terminal operators, custom brokers and warehouse operators
    For more information about the company, Click www.amiablelogistics.com

    Amiable Logistics (India) IPO Details
    IPO opens on  02 November 2022
    IPO closes on  07 November 2022
    Issue Type Book Built Issue IPO
    Issue Size up to 539,200 Shares /Rs 4.36 Crore
    * Fresh Issue Rs.4.36 Cr approx.
    * Offer for Sale  Up to Rs.0 Cr
       
    Face Value per share: Rs. 10
       
    Price Band Rs. 81
    Employee discount  Rs. 0 per share
    Retail Lot Size  1600 Shares
    Listing will at  NSE Sme
    Shares offered to
      Shares Rs. (Cr)
    QIB (00 %)  0 0
    NII (50 %)  256000 2.07
    RII (50 %)  256000 2.07
    Total Shares  512000 4.14
    Retail portion will be oversubscribed by  160
    Forms
    How much Shares to Apply?
    Min Retail Application 1600 Shares Rs. 110000
    Max Retail Application  1600 shares Rs. 110000

    Promoters of the IPO
    MS. LALIT LAKHAMSHI MANGE

    Objects of the IPO:
    Funding Working Capital Requirements

    Amiable Logistics IPO Tentative timetable
    IPO opens on 02 November,2022
    IPO Closes on 07 November,2022
    IPO Allotment on  11 November,2022
    Unblocking of ASBA  14 November,2022
    Credit to Demat Accounts  15 November,2022
    Listing on 16 November,2022
    Registered Office of Amiable Logistics 
    322, 3rd Floor, D-Wing, Neelkanth Business Park, Kirol Village, Near Bus Depot,
    Vidhyavihar (West), Mumbai – 400 086
    Amiable Logistics IPO Lead Managers 
    Shreni Shares Pvt. Ltd.
    Registrar to Amiable Logistics IPO
    Bigshare Services Pvt Ltd.
    Amiable Logistics IPO Financial & Analytical Ratios
    Year Total Income Net Profit EPS RoNW
      Rs. Cr Rs. Cr Rs. %
    2019-20 16.13 0.21 1.77 23.24
    2020-21 14.03 0.30 2.45 23.33
    2021-22 17.26 0.48 4.00 27.56
    Book Value of the Share on 31.03.2022 Rs.14.52    
    Book Value of the Share after the IPO Rs.-    
    Offer Price   Rs. 81    
    Ratio Analysis
    Upper Price Band/last EPS 20
    Upper offer price/Book Value Ratio 5.6
    Upper offer price/BV after IPO Ratio  
    Amiable Logistics IPO Peer Comparison
    As on date of DRHP Total  Net   PE
    Rs. in Cr. Income Profit Ratio of
      Rs. Rs  
    The IPO Company 0 0 20.25
    Timescan Logistics  0 0 11.39
    Tiger Logistics (India)      7.65
    Ritco Logistics     29.29
    Allcargo Logistics     28.71
    Shree Vasu Logistics     29.18

    # This is only coverage of News related to Grey Market. We do not deal in grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

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    3 Comments on “Amiable Logistics, Listing on 16 Nov

    1. Sandeep kumar kayathwal

      What happened to your site now..
      I love this site and watch each and every ipo GMP here but now you guys change the site page and I find difficulties in finding Gmp..
      Please we want your earlier site version

      Reply
      1. admin Post author

        GMP page is always at the top of IPO & Grey Market discussion section. All the IPO-pages have link to this page. So you should not find it difficult.

        Reply

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