IMPORTANT Facts about Ashapura Logistics IPO

Ashapura Logistics Ltd 1. 250 commercial trucks 2. 181 trucks + 69 trucks 3. 7 warehouses 4. storage capacity of 284,000 sq. ft.

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Ashapura Logistics IPO GMP is at Rs 55 its shares are expected to be listed at around Rs 199 so investors will get 38% profit in just one day

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Company Target & Shares Target to collect Rs 52.56 crore Will issue a total of 36.57 lakh new shares

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Retail investors will have to invest a minimum of Rs 144,000 in this IPO. Whereas for non-institutional investors the minimum investment will be Rs 288,000 for two lots.

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50% Share Qualified Institutions Baryas 35% stake retail investors 15% share non-institutional investors

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IPO will open from July 30 and it will be listed on NSE and BSE on August 6, 2024. The company aims to collect Rs 52.56 crore through this IPO and will issue 36.57 lakh new shares under it.

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