Ashwini Container Movers IPO

About Ashwini Container Movers IPO

The offer consists of a fresh issue component. The fresh issue will include 50,00,000 shares (aggregating up to ₹71.00 crores). The total number of shares is 50,00,000 and the aggregate amount is ₹71.00 crores.

The price band is set at ₹135 to ₹142 per share. The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹2,84,000.00 (2,000 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (3,000 shares), amounting to ₹4,26,000.

The Ashwini Container Movers IPO opens on Friday, 12 December 2025 and closes on Tuesday, 16 December 2025. The allotment of shares will take place on Wednesday, 17 December 2025. The credit of shares to the demat account will take place on Thursday, 18 December 2025. The initiation of refunds will take place on Thursday, 18 December 2025. The listing of shares will take place on Friday, 19 December 2025.

Ashwini Container Movers provides comprehensive logistics services, catering to the specific needs of clients in pharmaceuticals, engineering ,automobiles, etc . The company provides customised solutions to clients across these diverse sectors, enhancing their operational efficiency and supply chain management.

Objectives of Ashwini Container Movers

• Repayment and/or pre-payment, in full or part, of certain borrowings availed by the company.
• Funding the capital expenditure requirement of the company towards purchase of trucks.
• General corporate purposes.

Industry Outlook

The Indian logistics market, valued at US$ 10,716 crores (₹9,00,000 crores) in FY23, is projected to grow significantly, reaching US$ 15,954 crores(₹13,40,000 crores) by FY28, with a compounded annual growth rate (CAGR) of 8-9%. This growth is driven by structural shifts, technological advancements, and government initiatives focused on reducing logistics costs and improving infrastructure.

The National Logistics Policy, unveiled in September 2022, aims to optimise India’s logistics landscape by increasing the share of railways in freight movement, currently at 18%, through developing dedicated freight corridors (DFCs), enhancing road infrastructure, and expanding inland waterways.

Ashwini Container Movers Company Information

Ashwini Container Movers is a commercial transportation provider engaged in transportation of cargo across various regions in India, with a significant portion of its operations concentrated in the states of Maharashtra and Gujarat. The company is engaged in providing surface transportation of goods in containerised trucks.

They mainly serve B2B customers who require transporting bulk quantities of their goods from one place to another within India, specifically from the factory of their clients to the port or vice versa. They primarily operate in transporting goods between ports and factories, catering specifically to customers involved in importing and exporting containerised goods.

Strengths of Ashwini Container Movers

• Extensive Experience: 50+ years in commercial transportation.
• Robust Fleet: 250+ owned vehicles (reefer & dry containers).
• Advanced Technology: With the use of Clay Soft and Elixia vehicle tracking technology, the customers stay well informed about the real-time status of vehicles and goods.
• Client-Centric Approach: Focus on long-term client relationships
• Diverse Clientele: Clientele from diverse industries including Agriculture, Automobiles, Manufacturing, Pharmaceuticals and Chemicals.

Risks of Ashwini Container Movers

• An increase in the age of their vehicles and an increase in the prices of vehicles.
• Loss of one or more key customers.
• Any restriction on imports-exports by regulatory authorities or trade policies.
• Exposure to various transportation risks, including delays caused by restricted port access, geopolitical tensions, adverse weather conditions, and both direct and indirect accidents.
• Any disruption, such as server slowdowns, technical failures, or cyberattacks targeting their GPS systems.

Source: All the financial information for listed industry peer mentioned above is on a standalone basis sourced from the Annual Reports/Information of the peer company uploaded on the stock exchanges website for the year ended March 31, 2025. #The financial information for Ashwini Container Mover is based on the Restated Financial Information as at and for the financial year ended March 31, 2025. ^To be included post finalization of the Issue Price.

Notes: 1. P/E Ratio has been computed based on the closing market price of equity shares on the NSE and BSE as on November 24, 2025 divided by the Diluted EPS.

2. RoNW is computed as net profit after tax divided by the closing net worth. Net worth has been computed as sum of share capital and reserves and surplus. All the information for listed industry peers mentioned above are on a standalone basis and is sourced from their respective audited/ unaudited financial results and/or annual report.

Anchor Investor Bidding Date: Thursday, 11 December 2025

Registrar: Bigshare Services Private Limited
Book Running Lead Managers: Corporate Professionals Capital Private Limited

Ashwini Container Movers’ Business Model

The company earns its revenue from the following: They primarily operate in transporting goods between ports and factories, catering specifically to customers involved in importing and exporting containerised goods. Some of the services include:

• Full Container Load (FCL) Reefer Containers
• Full Container Load (FCL) Dry Containers
• Less Container Load (LCL)
• Over Dimensional Cargo Transportation (ODC)

Ashwini Container Movers’ Company Growth Trajectory

Ashwini Container Movers’ total income for the financial year 2024-25 amounted to ₹96.06 crores, compared to ₹79.27 crores in the financial year 2023-24, representing an increase of 21.18%.

Their net revenue from operations for the financial year 2024-25 amounted to ₹94.12 crores, compared to ₹78.77 crores in the financial year 2023-24, representing an increase of 19.48%.

The restated profit after tax for the financial year 2024-25 was ₹11.45 crores, compared to ₹1.38 crores in the financial year 2023-24, reflecting an increase of 731.20%.

Their EBITDA increased from ₹13.64 crores in the financial year 2023-24 to ₹24.89 crores in the financial year 2024-25.

Ashwini Container Movers’ Market Position

Incorporated on 12 April 2012, Ashwini Container Movers has been engaged in providing logistics services to a diverse clientele, addressing various transportation and supply chain requirements. Through adherence to industry standards, they continue to facilitate logistics operations. They operate in several parts across India, with the majority of their business concentrated in the states of Maharashtra and Gujarat. Their logistics operations are supported by their own fleet of containerised trucks, with a current fleet of over 300 vehicles consisting of 20-feet and 40-feet vehicles as of 30 September 2025.

They have experience working with both large global corporations and regional, niche players. Regardless of size, all goods from the industries they serve receive the same level of care and urgency. They facilitate the transportation of a wide range of goods, including refrigerated and dry cargo, with a focus on maintaining appropriate handling conditions. Their fleet is equipped with technology designed to monitor and regulate temperature and moisture levels, ensuring that goods are transported under suitable conditions in accordance with industry standards.

As of 31 March 2025, the company’s Total Income, Profit After Tax, and EBITDA were ₹96.056 crores, ₹11.452 crores, and ₹24.888 crores, respectively.

How to apply for Ashwini Container Movers IPO?

• Step 1: Log in to your Kotak Securities Demat account - Log in to your Demat account to access IPO investments. Next, select the current IPO section.
• Step 2: Specify IPO details - Enter the number of lots and the price you wish to apply for.
• Step 3: Enter UPI ID - After entering your UPI ID, click submit. This will place your bid with the exchange.
• Step 4: Mandate Notification - Your UPI app will receive a mandate notification to block funds.
• Step 5: Approve Request - Your funds will be blocked once you approve the mandate request on your UPI.