Ashwini Container Movers Limited is a freight transportation company engaged in the surface movement of cargo across India, with a strong presence in Maharashtra and operations extending across key industrial corridors. Incorporated in 2012, the company has grown into a reliable provider of containerised logistics solutions for B2B customers.
The company primarily focuses on container transportation services, moving goods between client factories, warehouses, and major ports, supporting both import and export supply chains. Their operations revolve around goods movement using containerised lorries, supported by a large fleet comprising 20-foot and 40-foot vehicles.
Ashwini Container Movers specializes in the movement of Full Container Load (FCL) cargo, a preferred solution for businesses requiring dedicated and secure transportation. The company also handles Less Container Load (LCL) and project-based heavy movements, including Over-Dimensional Cargo (ODC), aligning with customer requirements across industrial sectors.
The company does not operate any manufacturing facilities; its core strengths lie in transportation efficiency, fleet maintenance, and technology-driven logistics operations. To ensure smooth operations, the company maintains regular vehicle servicing through authorized centers, uses controlled fuel-purchase systems, and maintains a diesel storage facility for emergencies.
As of September 30, 2025, the company employs 154 personnel, including operational staff, drivers, administrative teams, and executive directors overseeing finance, compliance, customer coordination, loading/unloading, and overall logistics management.
Ashwini Container Movers is also supported by essential infrastructure, including multiple office locations, warehousing tie-ups, a GPS-based monitoring system, fuel management systems, and maintenance facilities.
Ashwini Container Movers IPO – Details
| IPO Opening Date | 12 December 2025 |
| IPO Closing Date | 16 December 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 50,00,000 Shares Worth ₹71.00 Crore Fresh Issue: 50,00,000 Shares Worth ₹71.00 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹135 – ₹142 per share |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares [ 1 Lot ] |
| Listing At | NSE SME |
| Registrar | Bigshare Services Pvt.Ltd. |
| QIB Shares Offered | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
Ashwini Container Movers IPO – Date Schedule
| IPO Open Date | 12 December 2025 |
| IPO Close Date | 16 December 2025 |
| Basis of Allotment | 17 December 2025 |
| Initiation of Refund | 18 December 2025 |
| Credit of Shares to Demat | 18 December 2025 |
| IPO Listing Date | 19 December 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 16, 2025 |
Ashwini Container Movers IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹2,84,000 |
| Retail (Max) | 2 | 2,000 | ₹2,84,000 |
| S-HNI (Min) | 3 | 3,000 | ₹4,26,000 |
| S-HNI (Max) | 7 | 7,000 | ₹9,94,000 |
| B-HNI (Min) | 8 | 8,000 | ₹11,36,000 |
Competitive Strength
- Long-standing business and track record.
- Strong relationship with diverse customer base.
- Strong knowledge and experience of our promoters.
Company Promoters
- Mr. Bhaskar Kisan Pawar
- Mr. Govind Janabhau Sable
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹77.16 Cr | ₹73.07 Cr | ₹2.10 Cr | ₹47.38 Cr |
| 31 March 2024 | ₹79.27 Cr | ₹76.31 Cr | ₹1.38 Cr | ₹58.70 Cr |
| 31 March 2025 | ₹96.06 Cr | ₹82.59 Cr | ₹11.45 Cr | ₹62.57 Cr |
| 30 September 2025 | ₹55.86 Cr | ₹43.01 Cr | ₹9.91 Cr | ₹74.90 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 76.82% |
| ROCE | 25.39% |
| RoNW | 76.82% |
| EBITDA Margin | 26.44% |
| Price to Book Value | 6.95 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 11.45 | 13.21 |
| P/E (x) | 12.40 | 10.75 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company. | ₹42.50 |
| Funding capital expenditure requirement of the company towards purchase of trucks. | ₹8.07 |
| General Corporate Purposes. | – |
✅Strengths
- Strong & diverse customer base with high retention; 200+ clients.
- Technology-enabled fleet (GPS, tracking, fuel sensors).
- Large owned fleet of 312 container trucks.
- Efficient operations through preventive maintenance & controlled fuel systems.
- Presence in major logistics hubs (Maharashtra & Gujarat).
- Ability to handle high cargo volumes (25,000+ containers annually).
⚠️Risks
- Conflict of interest with promoter-related entities.
- No long-term client contracts, risk of losing key customers.
- Geographical concentration in few regions.
- Operational disruptions (weather, accidents, delays) may hurt reputation.
- IT system failures/cyber risks can impact operations.
- High working capital requirement.
- Promoter control remains high (66.67% post-issue).
- Revenue concentration—top clients contribute major share.
- Risk of delivery delays leading to penalties/damages.
- Trademark registration pending—no assurance of approval.
Ashwini Container Movers IPO Promoter Holding
| Pre-Issue Share Holding | 100.00% |
| Post Issue Share Holding | 66.47% |
Ashwini Container Movers IPO Prospectus
Company Contact Information
| Ashwini Container Movers Ltd. 409, Skylark Premises Co-op Society Ltd. Sector 11, Plot No. 63, Thane, Maharashtra, 400614 Phone: +91 22- 27420030 Email: compliance@ashwinimovers.com Website: https://www.ashwinimovers.com/ |
Ashwini Container Movers IPO Registrar
| Bigshare Services Pvt.Ltd. Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/IPO_Status.html |
Ashwini Container Movers IPO Lead Manager(s)
| 1. Corporate Professionals Capital Pvt.Ltd. |
Ashwini Container Movers IPO FAQ
| What is Ashwini Container Movers IPO? Ashwini Container Movers IPO is an SME IPO. The issue is priced at ₹135 – ₹142 per equity share. The IPO is to be listed on NSE SME. |
| When will Ashwini Container Movers IPO open? The IPO is to open on 12 December 2025 for QIB, NII, and Retail Investors. |
| What is Ashwini Container Movers IPO Investors’ Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the Ashwini Container Movers IPO Size? Ashwini Container Movers’ IPO size is ₹71.00 Crore. |
| What are the Ashwini Container Movers IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 2000 Shares for ₹2,84,000, while the maximum bid is 2000 Shares for ₹2,84,000. |
| What is the Ashwini Container Movers IPO Allotment Date? Ashwini Container Movers IPO allotment date is 17 December 2025. |
| What is the Ashwini Container Movers IPO Listing Date? Ashwini Container Movers IPO listing date is 19 December 2025. The IPO is to be listed on the NSE SME. |
