APANA LOGISTICS LIMITED
Closed7–9 Sep 2026
Updated 2026-09-10 (IST)
What APANA LOGISTICS LIMITED does
Our Company is engaged in the business of providing logistics support for handling and transportation of containers, wherein the fleet is inclusive of reach stackers, forklifts, truck-trailers (TT). Our service offering is diversified which include, Container handling at CFS/ICD/port, road transportation, cargo handling at third-party warehouses, and repair, operation & maintenance of trucks-trailers (TT).
APANA LOGISTICS LIMITED financials
Rs crore · AnnualLatest year highlighted in green. Sparklines show the trend.
| 2024 | 2025 | 2026 | ||
|---|---|---|---|---|
| Sales | 20 | 21 | 31 | |
| Operating Profit | — | — | — | |
| OPM % | — | — | — | |
| Net Profit | — | — | — | |
| Total Debt | 9 | 8 | 6 |
APANA LOGISTICS LIMITED IPO offer structure
Fresh issue: ₹34 cr
The offer-for-sale component is not stated in what we extracted from the offer document, so the full issue size and the split between the two are unknown. This figure is the fresh issue alone, not the total raise. Fresh issue proceeds go to the company; OFS proceeds go to selling shareholders.
Issue size and split come from a public aggregator rather than the exchange, cross-checked against a second one. The offer document states the offer-for-sale as a share count against a blank amount, so it cannot be read from the document itself.
Use of proceeds- Funding capital expenditure requirement of our company towards purchase of reach stackers ("Vehicles"): ₹25 cr
- General Corporate Purposes: ₹5 cr
APANA LOGISTICS LIMITED promoters and holding
- Mr. Pratyaksh Sureka: Chairman & Managing Director
APANA LOGISTICS LIMITED strengths and risks
Company-stated strengths and disclosed risk factors from the offer document.
- Diverse service offerings and customer base (p.133)
- Ability to participate in tenders (p.134)
- Assured Quality Services (p.134)
- Track record of growth and profitability (p.134)
- Promoters’ experience and track record (p.135)
- We depend on a limited number of key customers for a majority of our revenues, which exposes us to a high risk of customer concentration. (p.22)
- We depend on our network partners, third-party service providers and vendors/suppliers in certain aspects of our operations. (p.23)
- We are unable to trace some of our historical records including minutes of the Board and Shareholders meetings and corresponding form filings. (p.24)
- Significant portion of our revenue from operations for the period ended Fiscal 2026, Fiscal 2025 and Fiscal 2024, respectively are from related parties. (p.26)
- We are dependent on the performance of industries in which our customers operate, particularly Container Freight Station (CFS) and Inland Container Depots (ICD). (p.27)
APANA LOGISTICS LIMITED peer comparison: DRHP median P/E 14.6x
Live BSE prices| Company | CMP | P/E | OPM% | ROE% | Source |
|---|---|---|---|---|---|
| Premier Roadlines Limited | — | 7.0x | — | — | DRHP |
| VRL Logistics Limited | Rs 288.75 -1.8% | 22.1x | 21.9% | 26.9% | live |
P/E from offer document where live data unavailable. Not a fair-value judgement.
APANA LOGISTICS LIMITED market and competition
We serve some of the top leading CFS/ICD/Port Operators in India. Our listed peers in the road transportation vertical includes Premier Roadlines Limited and VRL Logistics Limited.
APANA LOGISTICS LIMITED outlook, as the document states it
We intend to enhance our scope of engagement with existing customers by strengthening our existing service offerings, adding new service offerings, servicing newer geographies, providing value-added services and offering time and cost saving solutions. We believe that expanding our customer base will help increase our revenues and margins.
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APANA LOGISTICS LIMITED IPO: common questions
When does the APANA LOGISTICS LIMITED IPO open and close?
The APANA LOGISTICS LIMITED IPO is open from 7 Sep 2026 to 9 Sep 2026.
What is the APANA LOGISTICS LIMITED IPO price band?
The price band is ₹60 per share.
What is the lot size and minimum investment for the APANA LOGISTICS LIMITED IPO?
One lot is 2000 shares, and a retail application must be at least one lot. That is about ₹2,40,000 at the upper end of the band. An HNI application starts above Rs 2 lakh, so the minimum is higher for that category.
How much is the APANA LOGISTICS LIMITED IPO subscribed?
As of 10 Sep 2026 the total subscription is 1.31×.
When are the APANA LOGISTICS LIMITED IPO allotment and listing dates?
Allotment is on 10 Sep 2026, as published. The listing date follows once the exchange confirms it.
How do I check the APANA LOGISTICS LIMITED IPO allotment status?
On the allotment status page published by KFin Technologies, this issue's registrar, and on the exchange's basis of allotment. Those are the primary sources. If the issue was oversubscribed, retail allotment was decided by lottery, so a valid application does not mean shares. We do not hold allotment data and cannot look yours up. How allotment is actually decided →
Sources & method
Subscription and issue data come from the NSE and BSE exchange feeds, with the third-party aggregator, clearly labelled, where an exchange feed is unreachable. DRHP analysis is extracted from the offer document itself, every figure cited to its page. Each figure on the page carries its source and its timestamp.
Grey-market premium (GMP) is unregulated.
Every GMP figure is a self-reported grey-market estimate. No exchange, regulator or clearing body records or audits it, and there is no settlement guarantee or recourse. Shown for context only; never decide on GMP alone. New to GMP? The 30-second explainer → Has GMP actually been right? →
How often do these actually open above the issue price?
Of the 704 SME IPOs that have listed on the NSE since 2016, 558 (79%) opened above their issue price, at a median of +11%. That is the segment's own record, not a forecast for this issue.
APANA LOGISTICS LIMITED IPO allotment status
Allotment is on 10 Sep 2026, as published. Allotment is decided and published by the registrar, not by us. This issue's registrar is KFin Technologies.
Check your allotment on the registrar's own page ↗
We do not hold allotment data and cannot look yours up. If the issue was oversubscribed, retail allotment was decided by lottery, so a valid application does not mean shares. How allotment is actually decided →