Amiable 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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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
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.