Apana Logistics Limited provides logistics support for container handling and transportation, including container handling, road transportation, cargo handling, and truck-trailer operations & maintenance.
The Company serves leading CFS, ICD and port operators in India, providing cost- and time-effective logistics solutions.
As of August 31, 2025, Apana Logistics owned and maintained a fleet of 33 truck-trailers and 5 reach stackers. The Company also operates through third-party assets to supplement its logistics capacity.
Apana Logistics catered to more than 10 customers in FY2025, with strong and long-standing relationships. Two of its top five customers have been associated with the Company for more than 10 years.
As of August 31, 2025, the Company had 85 permanent employees across management, skilled, semi-skilled and other functions supporting its logistics operations.
Apana Logistics IPO – Details
| IPO Opening Date | 07 September 2026 |
| IPO Closing Date | 09 September 2026 |
| Issue Type | Fixed Price IPO |
| Issue Size | Total Issue: 56,90,000 Shares Worth ₹34.14 Crore Fresh Issue: 56,90,000 Shares Worth ₹34.14 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹60 per share |
| Market Lot | 2000 Shares |
| Min Order | 2000 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Kfin Technologies Ltd. |
| NII Shares Offered | 50% |
| Retail Shares Offered | 50% |
Apana Logistics IPO – Date Schedule
| IPO Open Date | 07 September 2026 |
| IPO Close Date | 09 September 2026 |
| Basis of Allotment | 10 September 2026 |
| Initiation of Refund | 11 September 2026 |
| Credit of Shares to Demat | 11 September 2026 |
| IPO Listing Date | 15 September 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 09, 2026 |
Apana Logistics IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹2,40,000 |
| Retail (Max) | 2 | 4,000 | ₹2,40,000 |
| S-HNI (Min) | 3 | 6,000 | ₹3,60,000 |
Competitive Strength
- Diverse service offering and customer base.
- Ability to participate in tenders.
- Assured quality services.
- Track record of growth and profitability.
- Promoters experience and track record.
Company Promoters
- Pratyaksh Sureka
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2023 | ₹27.28 Cr | ₹25.43 Cr | ₹1.30 Cr | ₹1.77 Cr |
| 31 March 2024 | ₹20.33 Cr | ₹16.22 Cr | ₹3.00 Cr | ₹9.26 Cr |
| 31 March 2025 | ₹21.61 Cr | ₹17.24 Cr | ₹3.17 Cr | ₹8.00 Cr |
Key Performance Indicator
| KPI | Values (Mar 31, 2026) |
|---|---|
| ROE | – |
| ROCE | – |
| Debt/Equity | – |
| RoNW | – |
| PAT Margin | – |
| EBITDA Margin | – |
| NAV | – |
| Price to Book Value | – |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | – | – |
| P/E (x) | – | – |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Funding capital expenditure requirement of company towards purchase of reach stackers. | ₹25.00 |
| General Corporate Purpose. | – |
✅Strengths
- Diverse Services across container handling, transportation and cargo handling.
- Strong Customer Relationships with leading CFS, ICD and port operators.
- Experienced Management with over 33 years of combined industry experience.
- Established Fleet of 33 truck-trailers and 5 reach stackers.
⚠️Risks
- Customer Concentration with top five customers contributing 98.85% of FY2025 revenue.
- Geographical Concentration across a limited number of states.
- High Competition in the fragmented logistics industry.
- Manpower Dependency on skilled and experienced employees.
Apana Logistics IPO Promoter Holding
| Pre-Issue Share Holding | 100.00% |
| Post Issue Share Holding | 67.50% |
Apana Logistics IPO Prospectus
- Apana Logistics IPO DRHP
- Apana Logistics IPO RHP
Company Contact Information
| Apana Logistics Limited 11A, Rajshree 6, Hastings Park Road Kolkata, West Bengal, 700027 Phone: +91-22-69328885 Email: email@apanalogistics.com Website: https://www.apanalogistics.com/ |
Apana Logistics IPO Registrar
| Kfin Technologies Ltd. Phone: 040-79615565 Email: afl.ipo@kfintech.com Website: https://ipostatus.kfintech.com/ |
Apana Logistics IPO Lead Manager(s)
| 1. Corporate Makers Capital Ltd. |
Apana Logistics IPO FAQ
| What is the Apana Logistics IPO? Apana Logistics IPO is an SME IPO. The issue is priced at ₹60 per equity share. The IPO is to be listed on BSE SME. |
| When will Apana Logistics IPO open? The IPO is to open on 07 September 2026 for NII and Retail Investors. |
| What is Apana Logistics IPO Investors’ Portion? The investors’ portion for NII – 50%, and Retail – 50%. |
| What is the Apana Logistics IPO Size? Apana Logistics IPO size is ₹34.14 Crore. |
| What are the Apana Logistics IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 4000 Shares for ₹2,40,000, while the maximum bid is 4000 Shares for ₹2,40,000. |
| What is the Apana Logistics IPO Allotment Date? Apana Logistics IPO allotment date is 10 September 2026. |
| What is the Apana Logistics IPO Listing Date? Apana Logistics IPO listing date is 15 September 2026. The IPO is to be listed on the BSE SME. |
