Support and Resistance Levels
Past performance
About Ashwini Container Movers Ltd Ashwini Container Movers Limited, incorporated on April 12, 2012, is a commercial transportation provider specializing in the movement of cargo across India, with a focus on Maharashtra and Gujarat. Initially established as a private company, it transitioned to a public limited entity on August 7, 2024, to align with its growth and operational objectives.
The company provides surface transportation services using containerized trucks, catering primarily to B2B clients. It supports businesses that require bulk goods transportation from factories to ports and vice versa. With operations emphasizing Full Container Load (FCL) services, it ensures dedicated trucks for single shipments, catering to businesses with large-scale or secure transportation needs. It also offers Less Container Load (LCL) services, consolidating smaller shipments from multiple customers, and handles Over Dimension Cargo (ODC). This diversified service portfolio enables the company to meet the varied needs of its customers effectively.
To scale operations and handle growing demand, Ashwini Container Movers expanded its fleet to over 250 trucks by 2023, strengthening its logistics capabilities and improving service efficiency. The company specializes in transporting reefer, non-operating reefer (dry containers), and oversized cargo, reflecting its ability to manage a wide array of transportation needs.
To support future growth and expansion, the company is planning an Initial Public Offering (IPO) with a fresh issue of 5,000,000 equity shares priced at Rs. 10/- each. This move aims to raise capital to optimize operations and meet market demand, positioning Ashwini Container Movers for further growth in the competitive Indian cargo transportation sector.