Bidding closedSMELogisticsAPANA

Apana Logistics IPO

Apana Logistics IPO is an SME IPO raising ₹34 Cr at a fixed price of ₹60 a share. The smallest application you can make is 2000 shares, costing ₹1,20,000 at the top of the band. Bidding has closed; the shares list on 15 Sept 2026. So far it has been subscribed 1.29× in total.

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₹60

Price band

₹1,20,000

Minimum to apply (2000 shares)

₹34 Cr

Issue size

9 Sept 2026

Bidding closes

1.29×Subscribed · all exchanges

Just covered — bids slightly exceed the shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Issue price (fixed)₹60

Cut-off price₹60

Issue size₹34 Cr

Shares per lot2000

Minimum application₹1,20,000

Minimum quantity4000

Face value₹10

Listing exchangesBSE

ISININE1ET101019

Bidding hours10:00 – 17:00 IST

Bidding window7 Sept 2026 – 9 Sept 2026

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.