Apana Logistics Rs 34.14 Crore SME IPO: Dates & Details
By ThePip Desk
Apana Logistics is launching its Rs 34.14 crore SME IPO on September 7, 2026. Discover issue dates, price, share details, and fleet expansion plans.
IPO Details and Schedule
Apana Logistics is entering the public market with an initial public offering to raise Rs 34.14 crore. The company is issuing 56,90,000 equity shares at a fixed price of Rs 60 per share.
- Issue opening date: September 07, 2026.
- Issue closing date: September 09, 2026.
- Face value per share: Rs 10.
- Listing venue: BSE SME Platform.
Key Figures and Leadership
The offering is priced at 6.0 times its face value. Corporate Makers Capital serves as the book running lead manager, while Kiran Joshi is the compliance officer for the issue.
Company Operations and Fleet
Apana Logistics specializes in container handling and transportation services. The company currently manages a fleet that includes the following assets:
- Thirty-Three truck-trailers.
- Five reach stackers.
- Two cranes.
The firm provides services to major CFS, ICD, and port operators across India. Its management team brings over 34 years of combined industry experience to the business.
Use of Proceeds
The capital raised from this public offering is designated for two primary objectives. The company intends to utilize the funds for the following:
- Funding capital expenditure requirements for the purchase of additional reach stackers.
- Meeting general corporate purposes.
This expansion aligns with the ongoing transformation of the Indian logistics sector, driven by growth in manufacturing and the e-commerce market.