Ashwini Container Movers SME IPO aims to raise Rs 71 crores by going public. The issue is entirely a fresh issue of 0.50 crore shares. The company has set the IPO price band between Rs 135 to Rs 142 per equity share.
Ashwini Container Movers SME IPO: Key details
Ashwini Container Movers SME IPO opened for subscription on December 12 and will close on December 16. The allotment for the shares is expected to be finalised on December 17. The IPO is likely to be listed on NSE SME on December 19, as per the tentative schedule.
Ashwini Container Movers SME IPO: Lot size
A retail applicant needs to apply for a minimum of one lot of 1,000 shares, valued at Rs 2.84 lakh. The minimum lot size investment for a High Networth Individual is 3 lots of 3,000 shares, amounting to Rs 4.26 lakh.
Ashwini Container Movers SME IPO: Objectives of the issue
The company proposes to use Rs 42.5 crores from the payment of certain borrowings. The company’s total outstanding borrowings as of September 30, 2025, stand at Rs 74.23 crores.
Also, the company will use Rs 9.03 crore for the funding of capital expenditure towards the purchase of trucks. The purpose is to expand the existing fleet by adding 22 new trucks to meet rising demand. The company has obtained a quotation dated December 2, 2025, for 22 Ashok Leyland trucks (4620 3400 MM WB Fitted with H Series 200 HP BS6 Diesel Engine 6 Speed Gear Box Factory Built Sleeper Cab With 40ft Triple Platform) with an estimated cost of Rs 9.03 crores.
The remaining amount will be used for the general corporate purposes.
Ashwini Container Movers SME IPO: Key financials
The company reported a net profit of Rs 11 crore in FY25, while it posted a net profit of Rs 1 crore in FY24 and Rs 2 crore in FY23. Also, there is an uptrend in the revenue of the company. The revenue for FY25 came in at Rs 94 crore, which was higher than Rs 79 crore reported in FY24 and Rs 77 crore in FY23. However, it is to be noted that the company’s net profit in FY25 jumped multifolds ahead of the IPO.
The company has a P/E ratio in line with its peers, standing at 12.4 times at the upper price band.
| Company | CMP (Rs per share) | P/E Ratio (FY25) |
| Ashwini Container Movers | 142 | 12.40 |
| Pranik Logistics | 71.5 | 12.34 |
| Premier Roadlines | 83.3 | 12.4 |
Also, the company’s Return on Capital Employed (ROCE) stands at 27.85% and Return on Equity is 122%, as per the data on Screener.
Ashwini Container Movers SME IPO: Book runner and registrar
Corporate Professionals Capital is the book-running lead manager for the IPO, and Bigshare Services is the registrar of the issue. The Market Maker of the company is Choice Equity Broking.
About Ashwini Container Movers
Ashwini Container Movers is in the business of transportation. It provides specialised cargo transport across India, primarily in Maharashtra and Gujarat.
The company, incorporated in 2012, specialises in the surface transportation of goods using containerised lorries. As of 30 September 2025, the logistics operations are supported by its own fleet of containerised lorries, comprising over 300 vehicles, including 20-foot and 40-foot vehicles.
