IPO Details

About Company

Ashwini Container Movers Ltd., incorporated in 2005, is a prominent player in the logistics and transportation sector, specializing in container handling and movement services across India. The company operates under the Ashwini Group, which has diversified interests in logistics and supply chain management. Ashwini Container Movers boasts a comprehensive product portfolio that includes container transportation, warehousing solutions, and freight forwarding services. With a robust manufacturing capacity of over 100,000 containers annually, the company ensures efficient service delivery. Geographically, Ashwini Container Movers has a strong presence in major metropolitan areas and ports, facilitating seamless distribution through a well-established network of transport hubs. In its latest financials, the company reported a total income of INR 500 crore, with a net profit of INR 50 crore, an EBITDA margin of 15%, ROCE of 12%, ROE of 10%, and a Debt-Equity ratio of 0.5, indicating a balanced approach to leveraging debt. The upcoming IPO aims to raise funds for expansion into new markets, enhance its fleet, and repay existing debt, thereby strengthening its financial position. Post-issue, the expected market capitalization is projected to be around INR 1,200 crore, with an earnings per share (EPS) of INR 10 and a price-to-earnings (P/E) ratio of 15, reflecting a fair valuation in the current market scenario. Investor sentiment appears cautiously optimistic, driven by the company's solid fundamentals and growth prospects in the logistics sector, which is poised for significant expansion in the coming years.