Apana Logistics IPO Details
Apana Logistics IPO Summary

Apana Logistics IPO opens for subscription on 07 Sep 2026 and closes on 09 Sep 2026.The IPO will be listed on BSE with the tentative listing date set for 15 Sep 2026.
Apana Logistics IPO price band has been fixed at ₹60 – ₹60 per share. The face value is ₹10 per share with a lot size of 2000.
Apana Logistics IPO total issue size comprises 56,90,000 shares (aggregating up to ₹34.14 Cr). This includes a fresh issue of 56,90,000 shares (aggregating up to ₹34.14 Cr). Pre-issue shareholding stands at 1,18,20,000, which will increase to 1,75,10,000 post-issue.
Apana Logistics IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
Apana Logistics IPO Lot Size :Individual Minimum is 2 lots (4,000 shares) amounting to ₹2,40,000. Individual Maximum is 2 lots (4,000 shares) amounting to ₹2,40,000. HNI Minimum is 3 lots (6,000 shares) amounting to ₹3,60,000.
Apana Logistics IPO Details
Apana Logistics IPO Subscription
Apana Logistics IPO Application Wise Breakup
Apana Logistics IPO Dates
- 07 Sep 2026Opening dateOpen
- 09 Sep 2026Closing dateClose
- 10 Sep 2026Allotment Date Allotment
- 11 Sep 2026Initiation of RefundsRefund
- 11 Sep 2026Credit of SharesCredit
- 15 Sep 2026Listing dateListing
Apana Logistics IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 4000 | ₹2,40,000 |
| Individual Maximum | 2 | 4000 | ₹2,40,000 |
| HNI Minimum | 3 | 6000 | ₹3,60,000 |
Apana Logistics IPO Reservation
Promoter Holding
Documents
Apana Logistics IPO Valuations
Apana Logistics Financial Information
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 36.84 | 28.95 | 25.05 |
| Total Income | 31.07 | 21.61 | 20.33 |
| Profit After Tax | 5.86 | 3.11 | 3.00 |
| EBITDA | 11.32 | 6.15 | 4.63 |
| NET Worth | 20.27 | 14.41 | 11.87 |
| Reserves and Surplus | 8.45 | 2.59 | 9.90 |
| Total Borrowing | 6.30 | 8.00 | 9.26 |
| Amount in ₹ Crore | |||
About Apana Logistics IPO
Incorporated in January 1992, Apana Logistics Limited is engaged in the business of providing logistics support for container handling and transportation. The Company provides a diversified range of logistics services, including container handling at CFSs, ICDs and ports, road transportation, cargo handling at third-party warehouses, and operation and maintenance of truck-trailers and reach stackers. Its fleet includes truck-trailers, reach stackers and cranes, enabling it to provide integrated container handling and transportation solutions.
Apana Logistics serves leading Container Freight Station (CFS), Inland Container Depot (ICD) and port operators in India. Its long-standing relationships with customers, experience in container handling and understanding of regional transportation dynamics enable the Company to provide cost- and time-effective logistics solutions. The Company also actively participates in tenders and follows an aggressive bidding strategy to secure new projects.
As of March 31, 2026, the Company owned and maintained a fleet of 33 truck-trailers, 5 reach stackers and 2 cranes. The Company had 62 permanent employees as of June 30, 2026, comprising personnel across management, accounting and computer, operations, technical, maintenance and support functions.
Strength Of Apana Logistics IPO
- Diverse service offering and customer base.
- Ability to participate in tenders.
- Assured quality services.
- Track record of growth and profitability.
- Promoters experience and track record.
Risk Of Apana Logistics IPO
- The company depends on a limited number of key customers for a majority of its revenues, which exposes the company to a high risk of customer concentration. A decrease in the revenues its derives from them could materially and adversely affect the company's business, results of operations, cash flows and financial condition.
- The company depends on its network partners, third-party service providers and vendors/suppliers in certain aspects of the company operations and unsatisfactory services provided by them or failures to maintain relationships with them could disrupt its operations.
- The company is unable to trace some of its historical records including minutes of the Board and Shareholders meetings and corresponding form filings. While the company has conducted a search with the RoC, in respect of the unavailability of such forms and other records, its cannot assure you that such forms or records will be available at all or any time in the future. Further there have been certain instances of non-compliances in respect of ROC filing or payments. Any penalty or action taken by any regulatory authorities in future for non-compliance with provisions of all applicable law and other law could impact on the financial position of the Company to that extent. Further, few form are not available in the company records.
- Significant portion of the company's revenue from operations for the period ended Fiscal 2026, Fiscal 2025 and Fiscal 2024, respectively are from related parties. Further, the company has in the past entered into other related party transactions and may continue to do so in the future, which may potentially involve conflicts of interest with its shareholders and Directors.
- The company is dependent on the performance of industries in which its customers operates, particularly Container Freight Station (CFS) and Inland Container Depots (ICD), and fluctuations in the performance of such industries may result in a loss of such customers, a decrease in the volume of work the company undertake or the price at which its offer the company services.
- Certain of the company's Directors are involved in one or more ventures which are in the same line of business as that of the Company.
- The company operations are dependent on functioning of its vehicles and material handling equipment's and any breakdown, mishaps or accidents could result in a loss or slowdown in operations and could also cause damage to life and property.
- There may be delays or defaults in payment by the company's customers or the tightening of payment periods by third- party service providers which could negatively affect its cash flows. As a result, the company experience significant working capital requirements and its inability to meet the company's working capital requirements may materially and adversely affect its business, cash flows and financial condition.
- The company currently does not hold any registered Intellectual Property Rights in its name, and this may effect the company's ability to obtain, maintain, protect, or enforce its intellectual property and other proprietary rights.
- The company's business is operating under various laws which requires it to obtain approvals from the concerned statutory/regulatory authorities in the ordinary course of business and the company's inability to obtain, maintain or renew requisite statutory and regulatory permits and approvals for its business operations could materially and adversely affect the company's business, prospects, results of operations and financial condition.
Objectives Apana Logistics IPO
1. Funding capital expenditure requirement of company towards purchase of reach stackers
2. General corporate purposes
3. Issue Expenses
Company Contact Details
Apana Logistics Ltd.
11A,
Rajshree 6,
Hastings Park Road
Kolkata, West Bengal, 700027
Phone: +91-22-69328885
Email: email@apanalogistics.com
Website: http://www.apanalogistics.com/
Registrar Contact Details
Apana Logistics FAQs
The Apana Logistics IPO is a SME public issue comprising 5690000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹34.14 Cr. The issue price has been fixed at ₹60 per equity share, and the minimum application size is 2000 shares.
The IPO opens for subscription on 07 Sep 2026, and closes on 09 Sep 2026.
Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at ₹0 (0%).

