Ashwini Container Movers IPO will open on 12 December 2025 and close on 16 December 2025. This NSE SME Book Build IPO is sized at around ₹71 crore, fully through a fresh issue. The allotment will be declared on 17 December 2025, and the shares will list on 19 December 2025. The IPO price band has been fixed between ₹135 and ₹142 per equity share.
The minimum investment for retail investors is 2,000 shares amounting to ₹2,84,000. The company has set aside 50% for QIBs, 15% for NIIs, and 35% for retail investors.
Ashwini Container Movers recorded revenue of ₹79.27 crore in FY2024, slightly higher than the previous year, but net profit declined to ₹1.38 crore from ₹2.10 crore in FY2023. Based on the financial trend, long-term investors may evaluate this issue with measured expectations.
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Ashwini Container Movers IPO Details
| Particular | Details |
|---|---|
| IPO Open Date | 12 December 2025 |
| IPO Close Date | 16 December 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹135 to ₹142 per share |
| Issue Size | Approx ₹71 crore |
| Fresh Issue | Approx ₹71 crore |
| Issue Type | Book Build Issue |
| Listing | NSE SME |
| DRHP | View PDF |
| RHP | View PDF |
Ashwini Container Movers IPO
Open: 12-16 Dec 2025
Issue Size: ₹71.00 Cr.
Objective: Raise funds to repay debt, buy more trucks, and support general corporate needs.
Exchange: NSE
Ashwini Container Movers IPO GMP
The Ashwini Container Movers SME IPO continues to show no premium in the grey market, with the latest GMP standing at ₹0 as of 8 December 2025. With the IPO price band fixed at ₹142 per share, the estimated listing price also remains unchanged at ₹142. This indicates a 0% expected listing gain, suggesting a flat market sentiment around the issue.
At the moment, the grey market is showing no major movement, and the trend over the last three sessions confirms the same. Such stability generally reflects neutral demand, where neither aggressive buying nor selling is seen.
For investors tracking the stock for listing day expectations, it is safe to assume a similar range unless there is a sudden shift in subscription numbers or broader market cues.
Ashwini Container Movers SME IPO – Day-wise GMP Trend:
| GMP Date | IPO Price | GMP Status | Sub2 Sauda | Est. Listing Price | Est. Profit | Last Updated |
|---|---|---|---|---|---|---|
| 08-12-2025 | ₹142.00 | ₹0 – No Change | — | ₹142 (0.00%) | ₹0 | 8-Dec-2025 16:56 |
| 07-12-2025 | ₹142.00 | ₹0 – No Change | — | ₹142 (0.00%) | ₹0 | 7-Dec-2025 23:35 |
| 06-12-2025 | ₹142.00 | ₹0 – No Change | — | ₹142 | ₹0 | 6-Dec-2025 10:40 |
The table clearly shows a consistent ₹0 premium across all days, signalling a stable but muted response. While GMP is not the only indicator of listing performance, it offers an early hint of market sentiment.
Investors should track subscription levels and fundamentals closely for a clearer picture.
Ashwini Container Movers IPO Review
Ashwini Container Movers is engaged in logistics and container movement services across industrial hubs. The company’s revenues show steady growth, although profitability remains uneven.
With fresh funds being channelled into fleet expansion, the business may strengthen in the long run. Investors with a long-term perspective may consider this IPO after reviewing the valuation and industry outlook.
Ashwini Container Movers IPO Market Lot
| Application Type | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2,000 | ₹2,84,000 |
| Retail Maximum | 2 | 2,000 | ₹2,84,000 |
| S-HNI Minimum | 3 | 3,000 | ₹4,26,000 |
| S-HNI Maximum | 7 | 7,000 | ₹9,94,000 |
| B-HNI Minimum | 8 | 8,000 | ₹11,36,000 |
IPO Reservation
| Investor Category | Shares Offered | Percentage |
|---|---|---|
| Anchor Investor | – | – |
| QIB (Ex-Anchor) | 23,64,000 | 50% |
| NII | 7,20,000 | 14.40% |
| Retail | 16,66,000 | 33.32% |
Ashwini Container Movers IPO Anchor Investors
| Particular | Details |
|---|---|
| Anchor Bidding Date | 2025 |
| Anchor List | |
| Shares Offered | – |
| Anchor Size | – |
| Lock-in (50%, 30 days) | 2025 |
| Lock-in (50%, 90 days) | 2025 |
Ashwini Container Movers IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | 12 December 2025 |
| IPO Close Date | 16 December 2025 |
| Basis of Allotment | 17 December 2025 |
| Refunds | 18 December 2025 |
| Credit to Demat | 18 December 2025 |
| Listing Date | 19 December 2025 |
| Cut-off Time | 16 December 2025 – 5 PM |
Promoters and Holding Pattern
| Particular | Shares | Percentage |
|---|---|---|
| Promoter Holding Pre-Issue | 1,00,00,000 | 100.00% |
| Promoter Holding Post-Issue | 1,50,00,000 | 66.47% |
Objects of the Issue
The fund raised through this IPO will be utilised mainly for purchasing new trucks to scale the company’s fleet capacity. This expansion is expected to enhance its service capability and support business growth.
A portion of the proceeds will be directed towards general corporate requirements.
About Ashwini Container Movers
Ashwini Container Movers is a logistics and container transportation company based in Thane, Maharashtra. The company provides containerised cargo movement, transportation services, and fleet-based logistics support to various industrial and commercial clients.
Over the years, it has built a strong presence across key regions by offering reliable, time-bound movement of goods through a fleet of trucks and trailers.
The company focuses on end-to-end transportation solutions, including loading, movement, and delivery of cargo for manufacturing units, warehouses, and industrial hubs. With an expanding fleet and experienced management team, Ashwini Container Movers aims to strengthen its operational network and improve efficiency.
The IPO proceeds are expected to support the purchase of additional trucks, which will help the company serve more routes and increase its logistical capacity.
Ashwini Container Movers Financial Report (₹ in Crores)
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2022 | 58.53 | 55.50 | 0.88 | 47.08 |
| 2023 | 77.16 | 73.07 | 2.10 | 66.11 |
| 2024 | 79.27 | 76.31 | 1.38 | 78.31 |
| Sept 2024 | 46.25 | 39.22 | 5.46 | 88.65 |
Ashwini Container Movers IPO Valuation – FY2024
| KPI | Value |
|---|---|
| ROE | 15.83% |
| ROCE | 12.37% |
| EBITDA Margin | 17.32% |
| PAT Margin | – |
| Debt to Equity | – |
| EPS (Basic) | ₹55.11 |
| P/E Ratio | N/A |
| RoNW | 14.67% |
| NAV | ₹375.69 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Pranik Logistics Ltd. | 7.54 | 14.8 | 35.56% | 21.19 | – |
| Premier Roadlines Ltd. | 7.50 | 21.97 | 31.76% | 23.60 | – |
IPO Lead Manager
| Lead Manager | Details |
|---|---|
| Merchant Banker | Corporate Professionals Capital Pvt. Ltd. |
Company Address
| Particular | Details |
|---|---|
| Company Name | Ashwini Container Movers Ltd. |
| Address | 409, Skylark Premises Co-op Society Ltd., Sector 11, Plot No. 63, Thane, Maharashtra – 400614 |
| Phone | +91 22-27420030 |
| compliance@ashwinimovers.com | |
| Website | www.ashwinimovers.com |
IPO Registrar
| Particular | Details |
|---|---|
| Registrar | Bigshare Services Pvt. Ltd. |
| Phone | +91-22-6263 8200 |
| ipo@bigshareonline.com | |
| Website | https://ipo.bigshareonline.com/IPO_Status.html |
Ashwini Container Movers IPO FAQs
What is Ashwini Container Movers IPO?
It is an NSE SME IPO valued at around ₹71 crore with a price band of ₹135 to ₹142 per share.
When does the IPO open and close?
The IPO opens on 12 December 2025 and closes on 16 December 2025.
What is the lot size?
Minimum lot size is 2,000 shares amounting to ₹2,84,000.
When is the allotment date?
The allotment will be finalised on 17 December 2025.
When will the IPO list?
The listing date is 19 December 2025 on NSE SME.
Expert Comment
Ashwini Container Movers offers a steady growth story in the logistics space, supported by consistent revenues and a clear plan for fleet expansion.
Although profitability has fluctuated, the company’s focus on capacity enhancement may help improve margins in the long term. The IPO may suit investors looking for sector exposure with patience for gradual performance improvement.






