₹1,15,200 / 1200 shares
Issue Date
28 Jul - 30 Jul'25
Investment/lot
₹1,15,200
Price Range
91 - 96
Lot Size
1200
IPO Size
₹ 19.08 Cr
Listing On
4 Aug'25
Issue Price
96
Listed Price
₹ 89.99
Retail Gain/Listing Gain
▼-6.26%
Start date
28/07/2025
End date
30/07/2025
Allotment of bids
Refund Initiation
Listing on exchange
04/08/2025
Category | Subscription Rate |
---|---|
107.64x | |
29.03x | |
66.89x |
Day | Total | QIB | Retail | NII |
---|---|---|---|---|
Day 1 | 60.26x | 29.03x | 66.89x | 107.64x |
Application | Lots | Shares | Amount |
---|---|---|---|
HNI (Min) | 2 | 2400 | ₹2,30,400 |
(Day-2: 30th July 2025 10:30 am)
Date | QIB | NII | NII (> ₹10L) | NII (< ₹10L) | Retail | EMP | Total |
---|---|---|---|---|---|---|---|
Day 1 Jul 29, 2025 | 0.01 | 3.33 | 2.80 | 4.40 | 6.93 | 1.57 | 2.17 |
Day 2 Jul 30, 2025 | 0.02 | 4.35 | 3.68 | 5.69 | 8.75 | 1.79 | 2.78 |
Repono Limited IPO is an IPO of ₹26.68 crores. It consists of a fresh issue of 27,79,200 equity Shares like ₹25.34 crores. The shares will be allotted on July 31, 2025. The credit of shares to the demat account will take place on Aug 1, 2025 and the initiation of refunds will take place on Aug 1, 2025.
Repono Limited provides services across the oil value chain, specialising in operations and maintenance (O&M) of crude oil terminal facilities for government-owned oil sector enterprises. The company handles petrol, diesel, ATF and ethanol for one of India's largest crude oil and natural gas producers, while also managing prestigious off-site terminals for public sector enterprises. They are also into O&M of petrochemical warehousing and their customers belong to the crude oil and natural gas industry, Public Sector Enterprise and others.
Funding capital expenditure towards the purchase of a forklift, hand pallet trolley, and reach stacker.
Funding of capital expenditure requirements of the company towards the set-up of a warehouse racking system.
Funding towards the development of software for warehouse management.
Funding the working capital requirements of the company.
General corporate purpose.
Detail | Information |
---|---|
Upper Price Band (₹) | 96 |
Existing Shares to be Sold | -- |
Fresh Issue | Up to 27,79,200* equity shares, aggregating up to ₹25.34 cr |
EPS (₹) For the year ended March 31, 2025 | 6.87 |
Application | Lots | Shares | Amount |
---|---|---|---|
Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,30,400 |
Individual investors (Retail) (Max) | 2 | 2,400 | ₹2,30,400 |
S-HNI (Min) | 3 | 3,600 | ₹3,45,600 |
S-HNI (Max) | 8 | 9,600 | ₹9,21,600 |
Investor Category | Shares Offered |
---|---|
QIBs Share Offered | Not more than 50% |
Non-Institutional Bidders (NIBs) | Not less than 15% |
Retail Individual Bidders | Not less than 35% |
The Indian logistics industry is growing due to a flourishing e-commerce market and technological advancement. The logistics sector in India is predicted to account for 14.4% of the GDP. The industry has progressed from a transportation and storage-focused activity to a specialised function that now encompasses end-to-end product planning and management, value-added services for last-mile delivery, predictive planning, and analytics, among other things. One of the key drivers of this expansion is projected to be the rise of India's logistics industry, which employs 2.2 crore people and serves as the backbone for various businesses. The logistics sector in India was valued at US$25,000 crore in 2021, with the market predicted to increase to an astounding US$38,000 crore by 2025, at a healthy 10%-12% year-on-year growth rate. Moreover, the government is planning to reduce the logistics and supply chain cost in India from 13-14% to 10% of the GDP as per industry standards.
A warehouse is an essential component of corporate infrastructure and one of the primary enablers in the global supply chain. The Indian warehousing market is predicted to reach US$3,499 crore (₹2,87,210 crore), expanding at a CAGR of 15.64% from 2022 to 2027. Modern warehouse facilities and technology-driven solutions have changed the warehousing sector in India in recent years. With increased demand and supply throughout the years, the Indian warehousing industry is gaining traction. The key players are third-party logistics (3PL) and e-commerce enterprises, which are expanding into tier 2 and 3 cities and gradually increasing their presence in secondary marketplaces. Businesses are transitioning to a hub-and-spoke model while also implementing technology to streamline operations, with an eye on the broader objectives of ease, efficiency, and sustainability.
The warehousing and logistics industry in India is a dynamic and rapidly growing sector that is expected to play an increasingly important role in the country's economy. Despite some challenges, they are well-positioned for long-term growth and present exciting opportunities for investors and businesses. With the government's focus on improving infrastructure and the rise of e-commerce, they are expected to be a key driver of economic growth in the country.
Repono Limited is a company that specialises in offering warehousing and liquid terminal services to India's oil and petrochemical sector. They provide a 360-degree solution for the storage of critical petroleum products. They provide their clients consultancy, engineering, operation, and maintenance (O&M), and value-added logistics services. They serve some of the top oil and petrochemical companies in India. The company has been recognised as one of the leading service providers for the warehousing and oil-terminating sector in India. They provide regular consulting services to a large German petrochemical company, the world’s largest FFS machinery supplier. Repono is providing services across the oil value chain. They are doing O&M of a crude oil terminal facility for one of the government-owned enterprises engaged in the oil sector. They are also handling (b) petrol, diesel, ATF, and ethanol for one of the largest crude oil and natural gas producers. They also handle the very prestigious off-site terminal for a public sector enterprise. They are also into O&M of petrochemical warehousing, and their customers belong to the crude oil and natural gas industry, public sector enterprises, and others.
Their revenues are highly dependent on their operations in the geographical region of the state of Karnataka, Punjab and Gujarat. Any adverse development affecting their operations in this region could have an adverse impact on their business, financial condition, and results of operations.
Their cargo handling business and their express logistics business require an efficient transportation network, and as such, any inadequacies in reliable transportation infrastructure may have an adverse effect on their business, results of operations, and financial condition.
They depend on their third-party service providers and vendors/suppliers in certain aspects of their operations, and unsatisfactory services provided by them or failure to maintain relationships with them could disrupt their operations.
Changes in technology may render their current technologies obsolete or require them to make substantial capital investments.
They are subject to risks arising from interest rate fluctuations, which could adversely impact their business, financial condition and operating results.
Parameter | Repono Ltd | Aarvi Encon Ltd | Aegis Logistics Ltd |
---|---|---|---|
Revenue from operations for the year ended March 31, 2025 (₹ in crores) | 51.115 | 464.081 | 2976.780 |
P/E | --- | 16.12 | 40.08 |
EPS (Diluted) (₹) | 6.87 | 0.92 | 1.87 |
Return on Net Worth (%) | 36.21 | 7.22 | 18.91 |
NAV per share (₹) | 18.96 | 72.30 | 79.68 |
Anchor Investor Information: 25 July 2025
IPO Registrar and Book Running Lead Managers
Book running lead managers: Wealth Mine Networks Private Limited
Registrar for the IPO : Cameo Corporate Services Limited
The company earns its revenue through the following sources:
Offering warehousing and liquid terminal services to India's oil and petrochemical sector.
In fiscal 2025, revenue from operations increased from ₹34.01 crores in fiscal 2024 to ₹51.12 crores in fiscal 2025. This growth was driven by increased scale of operations, execution of new high-value contracts, and continued expansion into new geographies. The company benefited from enhanced operational efficiency and further consolidation of strategic partnerships with both domestic and international clients, which contributed to the strong growth momentum seen during the year.
Other income increased by from ₹0.13 crores in fiscal 2024 to ₹0.48 crores in fiscal 2025. The increase was mainly due to higher interest income from surplus cash deployment, rental income from equipment, and returns from short-term financial placements made with group companies.
Profit after tax increased from ₹4.18 crores in fiscal 2024 to ₹5.15 crores in fiscal 2025. The growth in net profit reflects enhanced revenue realisation, cost optimisation, and higher interest and rental income. The business's continued scale-up and diversification into multiple service areas contributed to its improved financial performance.
Repono is amongst the few companies in India to provide services for both solid and liquid products in the oil and petrochemical sector in India/world. They are the only company in India to do O&M of FFS bagging lines. They have tied up with one of the top global polymer warehousing companies, M/s. Schmidt Logistics Consulting GmbH, Germany, for providing warehouse engineering and design services in India. They have partnered for selling FFS packing lines in India with the world's largest FFS bagging line manufacturers. They are the only Indian company to have a presence across the value chain.
Parameter | FY23 | FY24 | FY25 |
---|---|---|---|
Revenue from operations (₹crores) | 13.013 | 34.005 | 51.115 |
Profit Before Tax (₹crores) | 0.761 | 5.799 | 7.220 |
Net profit / (loss) (₹crores) | 0.520 | 4.182 | 5.149 |
EBITDA (₹crores) | 1.021 | 6.043 | 8.133 |
EPS (₹) | 0.69 | 5.58 | 6.87 |
Parameter | FY23 | FY24 | FY25 |
---|---|---|---|
Profit before tax (₹crores) | 0.761 | 5.799 | 7.220 |
Net Cash from Operating Activities (₹crores) | (1.031) | (0.026) | 0.329 |
Net Cash from Investing Activities (₹crores) | (1.473) | (2.140) | (2.341) |
Net Cash from Financing Activities (₹crores) | 0.320 | 1.934 | 2.019 |
Cash and Cash Equivalents (₹crores) | 0.283 | 0.050 | 0.058 |
You can check the allotment status of shares either on the website of the Bomaby Stock Exchange (BSE) or on the website of the registrar Cameo Corporate Services Limited. To check the status on the BSE website:
Follow these steps to know the allotment status on the registrar’s website:
This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing. Please read the SEBI-prescribed Combined Risk Disclosure Document before investing. Brokerage will not exceed SEBI’s prescribed limit.
Repono IPO will be allotted on 2025-07-31.
Repono will list on 2025-08-04.
190771200 is the issue size of Repono IPO.
The minimum lot size is 1200 shares and the investment required is ₹230400.
The price band of Repono IPO is ₹91 to ₹96.
You can read more about Repono and its IPO from the company’s red herring prospectus (RHP) here.
The Repono Limited IPO has an issue size of ₹26.68 crores. The IPO opens for subscription on 28 July 2025 and closes on 30 July 2025.
Cameo Corporate Services Limited is the registrar for this IPO.
You may read more about Repono Limited and its IPO from the company’s draft red herring prospectus (DRHP) here.