Amiable Logistics IPO will open for subscription from 02 November 2022. the company aims for an issue size of ₹4.37 Cr through this IPO.
Amiable Logistics (India) Limited
The company 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. It also offers import-export consultancy, international freight forwarding, recovery of all types of claims including customs & insurance, warehousing, and transportation through air, road, and sea.
Amiable Logistics is a member of “The Brihanmumbai Custom House Agent’s Association” popularly known as BCHAA or BCBA. BCBA is an Association of Custom house brokers, licensed by the Commissioner of Customs, Mumbai, under the provisions of the Customs Act 1962. The company initially started work as a customs clearance broker and then swiftly moved across domains, geographies, and industries to offer a gamut of services for the logistics industry. It offers its customers, transport management services and also freight-related services. It provides a complete range of services like Freight Forwarding (Sea freight & Air freight), Customs Clearance, Warehousing, Transportation, Multimodal Transportation, loading/unloading of items to facilitate its customers with end-to-end solutions, and other related value-added services.
Basic details about the company
| Full name | Amiable Logistics (India) Limited |
| Sector | Logistics |
| Industry | Logistics |
| Company Website | http://www.amiablelogistics.com/ |
Major competitive strengths
- Comprehensive solution for logistics requirements.
- Diversified revenue sources and customer base.
- Modern Processes and Technology. & Infrastructural Strength.
- Skilled professionals & Smooth flow of operations.
Objects of the Issue
- Funding working capital requirements.
- General corporate purposes.
Dates to remember
| IPO Opening date | 02 November 2022 |
| IPO Closing | 07 November 2022 |
| Basis of Allotment | 11 November 2022 |
| Initiation Refund | 14 November 2022 |
| Credit to Demat Account | 15 November 2022 |
| Listing Date | 16 November 2022 |
Amiable Logistics IPO Details
| IPO Date | Nov 2, 2022 to Nov 7, 2022 |
| Face Value | ₹10 per share |
| Price | ₹81 per share |
| Lot Size | 1600 Shares |
| Issue Size | 539,200 shares of ₹10 (aggregating up to ₹4.37 Cr) |
| Fresh Issue | 539,200 shares of ₹10 (aggregating up to ₹4.37 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
Amiable Logistics IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹129,600 |
| Retail (Max) | 1 | 1600 | ₹129,600 |
Reservation Details
| NII (HNI) Shares Offered | 50% |
| Retail Shares Offered | 50% |
Amiable Logistics Financial Performance
| FY 2020 | FY 2021 | FY 2022 | H1 FY 2023 | |
| Revenue | 1,581.86 | 1,376.38 | 1,703.74 | 1,343.19 |
| Expenses | 1,588.52 | 1,369.77 | 1,667.73 | 1,277.18 |
| Net income | 21.43 | 29.67 | 48.38 | 65.08 |
Amiable Logistics Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 1.77 | 2.45 | 4.00 |
| PE ratio | – | – | 20.25 |
| RONW (%) | 23.24 | 23.33 | 27.56 |
| NAV | 7.63 | 10.52 | 14.52 |
Company Promoters
- Mr. Lalit Lakhamshi Mange
Amiable Logistics IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 69.16% |
Lead Manager(s)
- Shreni Shares Pvt Ltd
Amiable Logistics IPO Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor,
Pinnacle Business Park, Next to Ahura Centre,
Mahakali Caves Road, Andheri East, Mumbai – 400 093
Phone: 022 – 6263 8200
E-mail: ipo@bigshareonline.com
Website: www.bigshareonline.com
Amiable Logistics Contact Details
AMIABLE LOGISTICS INDIA LIMITED
322, 3rd Floor, D-Wing,
Neelkanth Business Park, Kirol Village,
Near Bus Depot, Vidhyavihar (West),
Mumbai – 400 086, Maharashtra
Phone: +91 22 – 4969 0042/ 52
E-mail: investors@amiablelogistics.com
Website: www.amiablelogistics.com
Amiable Logistics IPO Allotment Status
Amiable Logistics IPO allotment will be available on Bigshare Services’ website.
Click on Bigshare Services weblink to get allotment status.
Final thoughts
Amiable Logistics IPO is going to hit Dalal street soon. applying for IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.
Happy Investing
