APPL Containers Limited is a manufacturing company focused on the design and production of ISO-standard and specialised shipping containers and related logistics solutions at its Bhavnagar, Gujarat facility.
It has recently expanded into container leasing services and manufacturing of plastic extrusion plants and rope-making machinery through its subsidiary Aawadkrupa Plastomech Pvt. Ltd.
The company operates a facility with an annual capacity of 15,000 containers and has delivered products domestically and to international markets, building a growing export footprint.
APPL has filed DRHP with SEBI for an issue size of 38,10,000 Equity shares via IPO comprising Fresh Issue of 12,50,000 Equity shares and an Offer for Sale (OFS) of 25,60,000 Equity shares.
Subscription date to apply for the IPO is yet to be announced. Price band for the IPO is also pending to be declared.