Apana Logistics IPO Day 2: Subscription Status on 8 September 2026

The Apana Logistics IPO has entered Day 2 of its three day bidding window, which opened on 7 September and closes on 9 September 2026. Apana Logistics Limited, incorporated in 1992 and providing logistics support for container handling and transportation, is raising about Rs 34.14 crore entirely through a fresh issue, and the shares are proposed to list on the BSE SME platform.

Day 1 bidding for the issue stayed thin, with the issue subscribed only around 0.05 times by the end of the session, well short of full subscription. With no QIB quota to fall back on, whatever momentum builds for the issue over the remaining two sessions will come entirely from retail and non-institutional demand.

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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
Face Value	Rs 10 per share
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 Quick Facts

Particulars	Snapshot
Minimum retail investment	Rs 2,40,000 (2 lots, 4,000 shares)
Registrar	KFin Technologies Ltd
Lead Manager	Corporate Makers Capital Ltd
Reservation split	NII 50%, Retail 50%, no QIB quota

This snapshot is meant as a quick reference alongside the fuller details table above, so investors scanning the issue on mobile can find the essentials without scrolling through the whole page.

Apana Logistics IPO Subscription Status Day 2

The table below shows the Day 1 position for the issue along with the latest overall figure recorded on Day 2.

Investor Category	Subscription Through Day 1 (7 Sep)	Overall Subscription So Far (Day 2, 8 Sep)
Non-Institutional Investors (NII)	Close to nil	Updating
Retail Individual Investors	Close to nil	Updating
Overall	Around 0.05 times	Updating through the session

The issue has seen limited participation through Day 1. With no institutional quota to add late demand, the closing figure for the issue depends entirely on how retail and non-institutional bidding builds over the remaining two sessions before the 9 September deadline.

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 portal 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 before the daily cut off time so your The issue application is processed for today's session.

Download the Univest iOS App or Univest Android App to apply for the issue before the 9 September close.

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 has had a slow start through Day 1, with subscription still close to nil ahead of the 9 September close, leaving the remaining sessions as the main window for demand to build. Investors should review the company financials and customer concentration risk in the RHP on bseindia.com before applying to the issue.

FAQs

What is the Apana Logistics IPO subscription status on Day 2?

Ans. The issue remained subscribed only around 0.05 times through Day 1 on 7 September, with both NII and retail bidding close to nil, and Day 2 figures for 8 September are updating through today's session on BSE.

When does the Apana Logistics IPO close?

Ans. The issue closes for subscription on 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 such low subscription?

Ans. Subscription for the issue has stayed close to nil through Day 1, which can happen with smaller SME issues, and there is no QIB quota to add late institutional demand before the 9 September 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?

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 the daily 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, cargo handling at third party warehouses, and truck and trailer repair and maintenance.