Amiable Logistics India Ltd IPO

Closed

IPO Details

  • Open Date 02-Nov-23
  • Close Date 07-Nov-23
  • Lot Size 1600
  • IPO Size ₹ 4.37 Cr
  • IPO Price Range ₹ 81
  • Min Investment -
  • Listing Exchange -
  • Basis of Allotment TBA
  • Refunds TBA
  • Credit to Demat Account TBA
  • Listing Date TBA

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY22 FY21 FY20
Revenue 17.0 13.8 15.8
EBITDA 0.5 0.3 0.1
PAT 0.5 0.3 0.2
Particulars (in Rs. Crores) FY21 FY20 FY19
Total Assets 3.7 3.2 4.6
Share Capital 1.2 0.2 0.2
Total Borrowings 0.0 0.7 1.0
Particulars (in Rs. Crores) FY21 FY20 FY19
Net cash generated from / (used in) operating activities -0.2 0.4 1.1
Net cash from / (used in) investing activities 0.0 0.0 -0.2
Net cash flow from / (used in) financing activities -0.2 -0.6 -0.4
Net increase (decrease) in cash and cash equivalents -0.2 -0.2 0.5


Peer Comparison

Name of the Company Basic EPS Nav Rs. per share PE RoNW%
Amiable Logistics (India) Limited 4 14.52 20.25 27.56%
Timescan Logistics (India) Ltd 8.33 37.54 11.39 22.18%
Tiger Logistics (India) Ltd 31.72 70.4 7.65 45.18%
Ritco Logistics Limited 6.65 50.64 29.29 13.13%
Allcargo Logistics Limited 14.92 77.98 28.71 19.12%
Shree Vasu Logistics Ltd 4.25 36.79 29.18

11.55%


IPO Synopsis

Amiable Logistics IPO will open on on November 2 and will close on November 7, 2022. The fresh issue of 5,39,200 equity shares will raise Rs. 4.37 crores via IPO. The price band is fixed at Rs. 81 per share while the lot size is fixed at 1600. The shares will be allotted on 11th November while the issue will be listed on 16th November. 

The lead manager for this issue is Sherni Shares Private Ltd. 

 

Objective of the Issue

The proceeds from the issue will be used for:

•    Funding working capital requirements

•    General Corporate Purposes

 

About Amiable Logistics Ltd

Amiable Logistics (India) Limited offers smooth clearance services of all kinds of imports and exports done via air & sea to various importers and exporters. It is a bridge between trade & government authorities like Customs & DGFT. It is one of India’s most proficient logistic companies through world-class performance.

The services include import-export consultancy, transport management services and also freight related services including international freight forwarding, recovery of all types of claims including customs & insurance, warehousing, transportation through air, road, and sea. The company is handling approximately 4,50,000 packages containing 5,13,00,000 Kgs per annum. It is a member of “The Brihanmumbai Custom Broker’s Association” (BCBA), an Association of Customs house broker’s, licensed by the Commissioner of Customs, Mumbai, under the provisions of the Customs Act 1962.

The company strength lies in an extensive communication network covering like Mumbai, JNPT, Ahmedabad, Mundra, Delhi, Chennai, Kolkata & others supported by a strong fleet of fast and adequate transportation facilities. The company has developed strong relationships with the trade community through its prompt and efficient services. It caters to the domestic market in Maharashtra.
Some of their clients are Arihant Tubes, Archerchem Healthcare Pvt. Ltd., Apollo Metal Industries, Apex Techno Polymer Pvt. Ltd., Apex Steel And Alloys, Apex Metal India, Apex Metal & Nickel Alloys, Apex International, Alpesh Metals, Alfiya Exports, Abhinav Pharmachem. 
 

 

IPO Key Points

  • Strengths

    • Diversified revenue sources and customer base
    • Modern Processes and Technology
    • Team of professionals
    • Smooth flow of operations
    • Comprehensive solution for logistics requirement

  • Risks

    • Changes in laws and regulations relating to the sectors/areas in which we operate
    • Fluctuations in operating costs
    • Inability to attract and retain personnel
    • Changes in political and social conditions in India, the monetary and interest rate policies of India and other countries
    • Changes in government policies and regulatory actions that apply to or affect our business
    • Inflation, deflation, unanticipated turbulence in interest rates, equity prices or other rates or prices

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

IPO FAQs

What is the lot size and investment required for the Amiable Logistics IPO?

The Amiable Logistics IPO lot size is 1600 shares per lot.  A retail-individual investor can apply for up to 1 lots (1600 shares or ₹129,600). 

What is the price band of the Amiable Logistics IPO?

The price of the Amiable Logistics IPO is set at Rs. 81 per share.

When does the Amiable Logistics IPO issue open and close?

The Amiable Logistics IPO opens on 2nd November and closes on 7th November.

What is the size of Amiable Logistics IPO issue?

The issue consists of fresh issue of 5,39,200 equity shares aggregating to Rs. 4.37 crore equity shares.

Who are the promoters/key personnels of Amiable Logistics?

Amiable Logistics is promoted by Mr. Lalit Lakhamshi Mange.

What is the allotment date of Amiable Logistics IPO?

The allotment date is set for 14th November. 

What is the Amiable Logistics IPO’s listing date?

The issue of Amiable Logistics IPO’s will be listed on 16th November.

Who are the book runners for Amiable Logistics IPO?

Sherni Shares Private Ltd. is the book running lead managers to the issue.

What is the objective of the issue?

The proceeds will be used:
•    Funding working capital requirements
•    General Corporate Purposes

How to apply for the Amiable Logistics IPO?

To apply for the IPO, follow the steps given below

•    Login to your 5paisa account and select the issue in the current IPO section

•    Enter the number of lots and price at which you wish to apply for

•    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

•    You will receive a mandate notification to block funds in your UPI app