AVG Logistics Limited IPO News, Allotment Status, Listing Date

AVG Logistics Limited IPO.

AVG Logistics Limited Profile: AVG Logistics Limited was established in 2010, and it is based in Delhi. AVG Logistics is a third-party logistics service operator. It has Huge customers base from the sectors of FMCG, Engineering, Automotive, Telecom, Pharmaceuticals, Consumer Goods, Raw Materials. In a competitive environment, AVG logistics provides the competitive edge. They focus on customer satisfaction. Their Mission statement believes in Achieving business objectives by delivering desired quality of service at competitive cost. They Specialize in two of the most important functions of logistics Transportation and Warehousing. They have their own fleet of vehicles carrying about 7500 containers in a year. They provide finest warehousing facilities. The warehouses are strategically located, nearer to the port as well as the city. Most of their clients availing transport and Warehouse services. The staff of AVG Logistics is well trained, prepared and capable of managing their client’s requirements. They use information technology to strengthen operational control and forecasting to the best advantage of the organization. This, in turn, helps them at AVG Logistics to achieve their objectives in a cost-effective way with the best quality. AVG Logistics limited has seven strategically positioned Hubs, in principal centers, it guarantees a huge reliable and cost-effective cargo consolidation, distribution, and transportation network. AVG Logistics Limited Key Strengths: Maximum reach. Cost effective model. Wide Distribution Network for localized enterprises. Frequent services offer customers the flexibility of schedule as per convenience.

Warehouse and storage facility. AVG Logistics Limited Promoters: The promoters of the Company are Mr. Sanjay Gupta, Ms. Asha Gupta, and Ms. Niti Gupta. AVG Logistics Limited IPO details: Issue Size: The Initial Public offer of Up to 30,90,000 Equity Shares (including Market Maker portion of 1,54,800 Equity Shares) Face Value: Rs.10. Price Range: Rs 105 to Rs 107. Issue Type: 100% Book Building. Bid Lot: 1,200 equity shares and in multiples thereof. Minimum Order Quantity: 1,200 Equity shares. Registrar: Systematix Corporate Services Limited. Issue Period: 28-Mar-2018 to 03-Apr-2018. Maximum Subscription Amount for Retail Investor: Rs.2,00,000.