Ashwini Container Movers IPO
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Ashwini Container Movers IPO details
Schedule of Ashwini Container Movers
| Issue open date | 12 Dec 2025 |
| Issue close date | 16 Dec 2025 |
| UPI mandate deadline | 16 Dec 2025 (5 PM) |
| Allotment finalization | 17 Dec 2025 |
| Refund initiation | 18 Dec 2025 |
| Share credit | 18 Dec 2025 |
| Listing date | 19 Dec 2025 |
| Mandate end date | 31 Dec 2025 |
| Lock-in end date for anchor investors (50%) | 18 Jan 2026 |
| Lock-in end date for anchor investors (remaining) | 17 Mar 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Ashwini Container Movers
Ashwini Container Movers Limited, founded in 2012 and converted into a public company in 2024, is a logistics provider specialising in containerised cargo movement across India. Promoted by Mr Bhaskar Kisan Pawar and Mr Govind Janabhau Sable, the company operates a fleet of 300+ container trucks serving B2B clients across Maharashtra and Gujarat. Its services include FCL, LCL, reefer and non-reefer containers, and ODC transportation, mainly connecting factories and ports for import-export cargo.
The company follows a 2PL business model and uses technology such as GPS tracking, Clay Soft operational software, and the Elixia monitoring system to enhance efficiency. Its workforce includes trained drivers, staff, and on-demand personnel. Ashwini Container Movers holds ISO 9001, 14001, and 45001 certifications along with GDP, CTPAT, and FSSAI compliance, and has received multiple awards for safety, service quality, and operational excellence.
Financials of Ashwini Container Movers
Issue size
| Funds Raised in the IPO | Amount |
| Total issue size | 71 |
| Fresh Issue – Proceeds go to the company | 71 |
Utilisation of proceeds
| Purpose | INR crores (%) |
|
Repayment / Prepayment of Borrowings |
42.5 (59.86%) |
|
Funding Capex for Purchase of Trucks |
8.07 (11.37%) |
| General corporate purposes | 20.43 (28.77%) |
Strengths
- Strong presence in containerised cargo transport with a 300+ truck fleet.
- Focused operations across high-volume trade regions like Maharashtra and Gujarat.
- Diversified offerings include FCL, LCL, reefer, and ODC cargo solutions.
- Technology-driven operations with GPS tracking, Clay Soft, and Elixia monitoring.
- Recognised and certified for quality, safety, and compliance (ISO, GDP, CTPAT, FSSAI).
Risks
- High dependence on port-linked cargo movement and EXIM-driven demand.
- Significant reliance on borrowed funds and exposure to interest-rate changes.
- Intense competition in the logistics and transportation sector.
- Operational risks due to driver availability, fleet maintenance, and regulatory compliance.
- Revenue concentration in specific states makes the business regionally sensitive.
Allotment Status for Ashwini Container Movers
To check your IPO allotment status:
- Visit the Bigshare Services IPO Application Status page.
- Select the company name from the dropdown menu.
- Select and enter one of the following: PAN, Application Number, DP/Client ID, or Account Number/IFSC.
- Click Submit to view your allotment status