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Apana Logistics IPO Day 3: Subscription Closes Today, 9 September 2026

  • September 9, 2026
  • Posted by: Kunal Singla
  • Category: IPO
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Apana Logistics IPO Day 3: Subscription Closes Today, 9 September 2026

Apana Logistics IPO closes today, 9 Sep 2026. Subscribed 0.43x at Day 2 close, up from 0.20x on Day 1. Fixed price Rs 60. Lists on BSE SME.

Quick Answer

The Apana Logistics IPO is on its final day of bidding on 9 September 2026, with the subscription window closing today. Demand has built gradually through the bidding window, moving from 0.20 times at the Day 1 close to 0.43 times by the end of Day 2, with retail investors driving most of the increase to 0.79 times. There is no QIB quota in this fixed price SME issue, so the final Apana Logistics IPO subscription figure depends entirely on how much retail and non-institutional demand arrives in the closing hours today.

Apana Logistics Limited, incorporated in 1992 and providing logistics support for container handling and transportation, has reached the final day of its SME IPO subscription window today, 9 September 2026. The Apana Logistics IPO opened on 7 September and is a fixed price issue at Rs 60 per share, raising about Rs 34.14 crore entirely through a fresh issue, with the shares proposed to list on the BSE SME platform.

Bidding for the issue has picked up gradually rather than dramatically, with the overall subscription nearly doubling from 0.20 times at the Day 1 close to 0.43 times by the end of Day 2, still short of full subscription. Retail investors have led this build up, moving from 0.39 times to 0.79 times, while the non-institutional category has stayed largely on the sidelines.

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Table of Contents

Toggle
  • Apana Logistics IPO Details
  • Apana Logistics IPO Subscription Status Day 3
  • How to Apply for the Apana Logistics IPO
  • Conclusion
  • FAQs
    • What is the Apana Logistics IPO subscription status on Day 3?
    • When does the Apana Logistics IPO close?
    • What is the Apana Logistics IPO price and lot size?
    • Why has the Apana Logistics IPO seen gradual rather than strong subscription?
    • What is the Apana Logistics IPO GMP?
    • How do I apply for the Apana Logistics IPO before it closes?
    • When will the Apana Logistics IPO be allotted and listed?
    • How are shares reserved in the Apana Logistics IPO?
    • What does Apana Logistics Limited do?

Apana Logistics IPO Details

The table below sets out the key parameters of the issue.

Open Date 7 September 2026
Close Date 9 September 2026
Issue Price Rs 60 per share (fixed price)
Lot Size 2,000 shares
Issue Size Rs 34.14 crore (entirely fresh issue)
Issue Type Fixed Price Issue, SME
Listing At BSE SME
Allotment Date 10 September 2026
Listing Date 15 September 2026

Apana Logistics IPO Subscription Status Day 3

The table below tracks how the issue has moved through its bidding window, from the Day 1 close through to the closing day itself.

Session Overall Subscription Retail Subscription
Day 1 close (7 Sep) 0.20 times 0.39 times
Day 2 close (8 Sep) 0.43 times 0.79 times
Day 3, closing day so far (9 Sep) Updating through the session Updating through the session

With no institutional quota in this issue, whatever final momentum the issue gains today will come entirely from retail and non-institutional bidding before the deadline. Investors should check the live BSE numbers as the session progresses.

Track Subscription Status for the issue on the Univest Screener

How to Apply for the Apana Logistics IPO

  1. Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
  2. Select the issue on your broker app or net banking platform and place a bid for the fixed price of Rs 60 per share in multiples of 2,000 shares.
  3. Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
  4. Approve the UPI mandate on your phone well before the cut off today, since the issue closes for good after this session.

Download the Univest iOS App or Univest Android App to apply for the issue before it closes today.

Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.

Conclusion

The issue closes today with subscription still under full book by the Day 2 close, though retail demand has been building steadily through the window. Investors should review the company financials and customer concentration risk in the RHP on bseindia.com before applying to the issue.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

FAQs

What is the Apana Logistics IPO subscription status on Day 3?

Ans. The issue closed Day 2 subscribed 0.43 times overall, up from 0.20 times at the Day 1 close, with retail leading at 0.79 times, and figures for the closing day, 9 September 2026, are updating through today’s session.

When does the Apana Logistics IPO close?

Ans. The issue closes for subscription today, 9 September 2026, having opened on 7 September 2026.

What is the Apana Logistics IPO price and lot size?

Ans. The issue is priced at a fixed Rs 60 per share, with a lot size of 2,000 shares. Retail investors must apply for a minimum of 2 lots, or 4,000 shares, taking the minimum investment to about Rs 2,40,000.

Why has the Apana Logistics IPO seen gradual rather than strong subscription?

Ans. Subscription for the issue has built gradually rather than sharply, moving from 0.20 times to 0.43 times overall through Day 2, which can happen with smaller SME issues, and there is no QIB quota to add late institutional demand before the deadline.

What is the Apana Logistics IPO GMP?

Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.

How do I apply for the Apana Logistics IPO before it closes?

Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, placing your bid for the fixed price of Rs 60 per share in multiples of 2,000 shares and approving the UPI mandate before today’s cut off.

When will the Apana Logistics IPO be allotted and listed?

Ans. The issue allotment is expected to be finalised on 10 September 2026, with listing on the BSE SME platform tentatively scheduled for 15 September 2026.

How are shares reserved in the Apana Logistics IPO?

Ans. The issue carries no QIB quota. Non-institutional investors are allocated 50 percent of the net offer, and retail individual investors are allocated the remaining 50 percent, alongside a separate reservation for the market maker.

What does Apana Logistics Limited do?

Ans. Apana Logistics Limited, incorporated in 1992 and based in Kolkata, provides logistics support centred on container handling and transportation, including container handling at CFS, ICD and port facilities, road transportation of containers, and truck and trailer repair and maintenance.



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Author: Kunal Singla
Kunal Singla is the Associate Director - Research at Univest, leading quantitative equity research, intraday trading setups, and derivatives strategy. With 4+ years of experience in Indian equity markets, he combines rigorous quantitative methods with classical technical analysis to build high-conviction research frameworks for retail and advisory clients. He holds an MSc from the Indian Institute of Technology (IIT) Delhi — one of India's most selective institutions — and has completed the Certificate in Quantitative Finance (CQF), a globally recognised programme covering derivatives pricing, risk modelling, machine learning for finance, and advanced portfolio theory. This combination places him in a small group of Indian analysts with both deep academic training in quantitative methods and SEBI-recognised research credentials. Kunal holds seven SEBI-recognised NISM certifications spanning research, derivatives, portfolio management, and securities operations: Series-XV (Research Analyst), Series-XXI-A (Portfolio Managers), Series-XVI (Commodity Derivatives), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-V-A (Mutual Fund Distributors), and Series-I (Currency Derivatives). At Univest — India's SEBI-registered research and advisory platform — Kunal leads research inputs for Pro Lite, Pro Super, Pro Gold, and Pro Commodity advisory services, alongside publishing intraday stock picks on Univest Blogs.

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