Company Successfully Raises ₹20.11 crore from anchor investors
Ashwini Container Movers’ IPO opens today;
Company Successfully Raises ₹20.11 crore from anchor investors
· Prominent investors, including Wealthwave Capital Trust – Wealthwave Capital Fund, Pine Oak Global Fund, Upsurge Opportunities Fund I, Viney Growth Fund, Aidos India Fund Limited, Finvesta First and Vikasa India EIF I Fund – Incube Global Opportunities participated in the anchor book subscription
· Company raises ₹20.11crore from the sale of 14,16,000 equity shares with a face value of ₹10/- priced at ₹142/- per share
· Ashwini Container Movers Limited intends to utilise ₹42.50 crore of the total IPO proceeds for repayment/ prepayment in full or part, of the outstanding of the borrowings availed by the company, ₹9.03 crore for funding capital expenditure requirement of the company towards purchase of trucks and plans to use remaining capital for general corporate purposes and public issue related expenses
· Issue opens today, December 12, 2025, and closes on Tuesday, December 16, 2025
· Corporate Professionals Capital Private Limited is the Book Running Lead Manager, and Bigshare Services Private Limited is the Registrar to the offer
Mbai, December 12, 2025 (GNI) : Ashwini Container Movers Limited, a Navi Mumbai-headquartered commercial transportation provider, has successfully completed its anchor book subscription, raising ₹20.11 crore from the sale of 14,16,000 equity shares priced at ₹142/- each.
A group of marquee investors, including Wealthwave Capital Trust – Wealthwave Capital Fund, Pine Oak Global Fund, Upsurge Opportunities Fund I, Viney Growth Fund, Aidos India Fund Limited, Finvesta First and Vikasa India EIF I Fund – Incube Global Opportunities participated in the anchor book subscription.
While Wealthwave Capital Trust – Wealthwave Capital Fund and Pine Oak Global Fund subscribed 24.93% each of the anchor book, Upsurge Opportunities Fund I secured 13.63%, Viney Growth Fund subscribed 11.58%, Aidos India Fund Limited and Finvesta First subscribed 9.96% each, and Vikasa India EIF I Fund – Incube Global Opportunities subscribed 5.01% of the anchor book portion.
Ashwini Container Movers IPO begins today and will conclude on Tuesday, December 16, 2025. The company is looking to raise approximately ₹71 crore from the offering and intends to utilise ₹42.50 crore of the total IPO proceeds for repayment/ prepayment in full or part, of the outstanding of the borrowings availed by the company, ₹9.03 crore for funding capital expenditure requirement of the company towards purchase of trucks and plans to use remaining capital for general corporate purposes and public issue related expenses.
The price band of the issue is ₹135-142/- per equity share with a face value of ₹10/-. The company’s IPO comprises a fresh issue of 50,00,000 Equity Shares with a face value of ₹10/- through the book-built route. Corporate Professionals Capital Private Limited is the Book Running Lead Manager, and Bigshare Services Private Limited is the Registrar to the offer.
The company has allocated 2,50,000 equity shares for Market Maker, 14,16,000 equity shares for anchor investors, 7,20,000 equity shares for the non-retail investors portion, 9,48,000 equity shares for net QIBs, and the individual investors portion accounts for 16,66,000 equity shares.
Ashwini Container Movers Limited is a commercial transportation provider engaged in transportation of cargo across various regions in India, with a significant portion of its operations concentrated in the states of Maharashtra and Gujarat. ACML provides surface transportation of goods in containerized trucks. The company’s operations are supported by its own fleet of over 312 vehicles consisting of 20-feet and 40-feet vehicles as on September 30, 2025.
The company primarily focusses in Full Container Load (FCL) transportation, providing reefer and non – operating reefer containers (dry container) and also engaged in Less Container Load (LCL) and Over Dimension Cargo (ODC). FCL involves dedicating an entire truck to a single shipment, making it ideal for businesses transporting large quantities of goods or requiring exclusive truck use for secure and efficient delivery.
ACML uses advanced technology solutions to simplify its operations. It employs a customized operational software – Clay Soft, which is tailored to optimize operational processes and improve efficiency. Additionally, the company leverages Elixia, a Centralized Monitoring Hub that enables real-time tracking of vehicle activities, offering a comprehensive overview of fleet status and ensuring the timely detection of any potential issues.
Incorporated in 2012, by the promoters Mr. Bhaskar Kisan Pawar and Mr. Govind Janabhau Sable, Ashwini Container Movers Limited has consistently served a diverse range of clients, addressing a variety of logistics needs with integrity and dedication. The company is committed to keeping its services with global expectations and discoveries; when it comes to product handling, preservation, and transformation.
The RHP is available on the website of BRLM and the website of NSE. Any potential investors should note that investment in equity shares involves a high degree of risk, and for details relating to the same, please refer to the RHP, including the section titled “Risk Factors”, beginning on page 29.ends GNI
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