Apana Logistics IPO listing: listed at ₹60, flat at the issue price

Apana Logistics listed on BSE SME on 15 Sep 2026 at ₹60 per share, ₹0 (0.0%) against the upper price band of ₹60. The issue (price band ₹60, bidding 7 Sep 2026 to 9 Sep 2026) was subscribed 1.26x overall. The last grey-market premium we captured before listing ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠⁠​⁠⁠⁠⁠⁠​​⁠⁠​​​​⁠⁠​​⁠​​⁠​​⁠​​​⁠​⁠⁠⁠​⁠⁠​​​⁠⁠​⁠​⁠⁠⁠​⁠⁠​​⁠​⁠⁠⁠⁠⁠​⁠⁠was ₹1 on 14 Sep 2026 (daily average of 2 quotes), which implied a listing price of ₹61; the shares listed at ₹60, ₹1 below that.

Updated 6 Oct 2026, 19:02 IST. Dated dealer references.

Listing day facts

Apana Logistics IPO listing, as recorded on 15 Sep 2026
Listing date15 Sep 2026
ExchangeBSE SME
Listing price₹60
Upper price band (issue price basis)₹60
Gain or loss vs upper band₹0 per share (0.0%)
Price band₹60
Issue dates7 Sep 2026 to 9 Sep 2026
Subscription (overall, at close)1.26x, as of 9 Sep 2026
Lot size2,000 shares
Gain or loss per lot vs upper band₹0

Grey-market premium against the actual listing

The last grey-market premium we captured before listing ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠⁠​⁠⁠⁠⁠⁠​​⁠⁠​​​​⁠⁠​​⁠​​⁠​​⁠​​​⁠​⁠⁠⁠​⁠⁠​​​⁠⁠​⁠​⁠⁠⁠​⁠⁠​​⁠​⁠⁠⁠⁠⁠​⁠⁠was ₹1 on 14 Sep 2026 (daily average of 2 quotes), which implied a listing price of ₹61; the shares listed at ₹60, ₹1 below that.

Apana Logistics IPO: captured GMP by day (daily average) and the implied listing price against the actual listing price of ₹60 on 15 Sep 2026
DateGMPImplied listing priceActual listing vs impliedQuotes captured
4 Sep 2026₹3₹63−₹3 (−4.8%)9
5 Sep 2026₹3₹63−₹3 (−4.8%)12
6 Sep 2026₹3₹63−₹3 (−4.8%)11
7 Sep 2026₹9₹69−₹9 (−13.0%)9
8 Sep 2026₹9₹69−₹9 (−13.0%)9
9 Sep 2026₹5₹65−₹5 (−7.7%)10
10 Sep 2026₹1₹61−₹1 (−1.6%)10
11 Sep 2026₹1₹61−₹1 (−1.6%)12
12 Sep 2026₹1₹61−₹1 (−1.6%)10
13 Sep 2026₹1₹61−₹1 (−1.6%)13
14 Sep 2026₹1₹61−₹1 (−1.6%)2

GMP is unofficial and unregulated; these are the quotes our desk feed captured, averaged ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠⁠​⁠⁠⁠⁠⁠​​⁠⁠​​​​⁠⁠​​⁠​​⁠​​⁠​​​⁠​⁠⁠⁠​⁠⁠​​​⁠⁠​⁠​⁠⁠⁠​⁠⁠​​⁠​⁠⁠⁠⁠⁠​⁠⁠by day. Only the price band and the exchange listing price are official.

Frequently asked questions

What was the Apana Logistics IPO listing price?

Apana Logistics listed on BSE SME on 15 Sep 2026 at ₹60 per share.

How did Apana Logistics list against the issue price?

The listing price of ₹60 was ₹0 per share (0.0%) against the upper price band of ₹60.

What did the grey market indicate before Apana Logistics listed?

The last grey-market premium we captured before ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠⁠​⁠⁠⁠⁠⁠​​⁠⁠​​​​⁠⁠​​⁠​​⁠​​⁠​​​⁠​⁠⁠⁠​⁠⁠​​​⁠⁠​⁠​⁠⁠⁠​⁠⁠​​⁠​⁠⁠⁠⁠⁠​⁠⁠listing was ₹1 on 14 Sep 2026 (daily average of 2 quotes), which implied a listing price of ₹61; the shares listed at ₹60, ₹1 below that. GMP is unofficial and not a forecast.

Where do Apana Logistics shares trade now?

On BSE SME. Check the exchange for the current quote; BuyUnlistedShares tracks unlisted shares and does not quote listed prices.

Apana Logistics IPO overview · GMP history · Subscription status · Allotment status

Indicative reference price, dated. BuyUnlistedShares is India's premium ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠⁠​⁠⁠⁠⁠⁠​​⁠⁠​​​​⁠⁠​​⁠​​⁠​​⁠​​​⁠​⁠⁠⁠​⁠⁠​​​⁠⁠​⁠​⁠⁠⁠​⁠⁠​​⁠​⁠⁠⁠⁠⁠​⁠⁠unlisted shares desk, run by Gayatri Financial Synergy LLP, in the market since 2002. Reviewed by the BuyUnlistedShares desk before publishing. Data as of 06 Oct 2026.

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Apana Logistics IPO Listing