Apana Logistics shares debuted today, September 15, 2026, on the BSE SME platform at ₹60 per share, exactly matching the IPO issue price. According to Business Standard, the shares traded at ₹60 throughout the debut session, with the counter hitting a high of ₹60 and a low of ₹60. About 4.10 lakh shares changed hands during the trading session, reflecting healthy initial market participation. The listing performance matched market expectations as shares were trading at zero grey market premium (GMP) prior to the debut, suggesting a flat listing for the stock.
The ₹34.14 crore IPO was a fixed-price issue comprising a fresh issue of 59.90 lakh equity shares at the fixed price of ₹60 per share. As reported by Business Standard, the public issue opened for subscription on September 7, 2026, and closed on September 9, 2026. During the three-day bidding period, the issue was subscribed 1.24 times overall. The IPO carried a fixed issue price of ₹60 per share with a lot size of 2,000 shares, and for retail investors, the minimum application requirement was 4,000 shares or two lots, translating into a minimum investment of ₹2.40 lakh.
According to Business Standard, Apana Logistics is engaged in providing logistics solutions for handling and transportation of containers, with the fleet including reach stackers, forklifts, and truck-trailers (TT). The company's diversified service offerings include container handling at CFS/ICD/port, road transportation, cargo handling at third-party warehouses, and operation & maintenance of trucks-trailers (TT). As of August 31, 2025, the company had 85 permanent employees, comprising personnel across management, accounting and computer, operations, technical, maintenance and support functions. The company recorded revenue from operations of ₹21.43 crore and net profit of ₹3.10 crore for the financial year ended March 31, 2026.
As reported by Business Standard, the company intends to utilize the net proceeds from the issue for funding capital expenditure requirements towards purchase of reach stackers and general corporate purposes. Corporate Makers Capital Ltd. acted as the book-running lead manager for the issue, while Kfin Technologies Ltd. served as the registrar. The issue management structure remained consistent with the original IPO structure, with GMP serving as an unofficial indicator that does not guarantee the actual listing price.
