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Iware Supplychain Services IPO: A Strategic Leap in India's Logistics Evolution
Iware Supplychain Services Ltd., a prominent player in India's logistics sector, is poised to enter the capital markets with its Initial Public Offering (IPO). This move is set to bolster its expansion plans and solidify its position in the rapidly evolving logistics landscape.
The upcoming IPO of Iware Supplychain Services marks a significant milestone in the company's growth trajectory. While specific details about the IPO size and pricing are yet to be disclosed, the move is anticipated to provide the necessary capital to further enhance Iware's infrastructure, expand its fleet, and invest in advanced technologies to streamline operations.
Company Overview
Established over six years ago, Iware Supplychain Services is a pan-India integrated logistics company offering a comprehensive suite of services. These include warehousing (with third-party logistics (3PL) and carrying & forwarding agent operations), transportation, rake handling services, business auxiliary services, and rental income. The company's extensive network spans multiple states, including Gujarat, West Bengal, Uttar Pradesh, Rajasthan, Punjab, Haryana, and Delhi, ensuring comprehensive coverage and reliable service delivery.
With a fleet that has grown from 15 vehicles in 2022 to 47 vehicles, comprising 22-feet open-body trucks and 32-feet container vehicles, Iware demonstrates significant growth and scalability.
Company History
Iware's journey began with a vision to revolutionize the logistics industry by offering end-to-end supply chain solutions that are efficient, reliable, and customer-centric. Backed by the combined experience of more than 20 years of its individual promoters, Krishnakumar Jagdishprasad Tanwar and Rajnish Gautam, in the logistics industry, the company has steadily expanded its operations and infrastructure.
Recent expansions include a 47,000-square-foot warehouse in Kutch, Gujarat, serving clients like Adani Wilmar Ltd., and a new Clearing and Forwarding (C&F) facility in Kota, Rajasthan. Additionally, Iware has launched a state-of-the-art consumer fuel pump and truck workshop in Samakhiyali, Kutch, optimizing fuel management and vehicle maintenance.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Iware Supplychain Services IPO: A Strategic Leap in India's Logistics Evolution GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Iware Supplychain Services IPO: A Strategic Leap in India's Logistics Evolution Details
| Detail | Description |
|---|---|
| IPO Date | April 28, 2025 to April 30, 2025 |
| Listing Date | - |
| Face Value | ₹10 per share |
| Issue Price | ₹95 per share |
| Lot Size | 1,200 Shares |
| Total Issue Size | 28,56,000 shares (aggregating up to ₹27.13 Cr) |
| Fresh Issue | 28,56,000 shares (aggregating up to ₹27.13 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 78,60,000 shares |
| Share Holding Post Issue | 1,07,16,000 shares |
Iware Supplychain Services IPO: A Strategic Leap in India's Logistics Evolution Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Mon, Apr 28, 2025 |
| IPO Close Date | Wed, Apr 30, 2025 |
| Tentative Allotment | Fri, May 2, 2025 |
| Initiation of Refunds | Mon, May 5, 2025 |
| Credit of Shares to Demat | Mon, May 5, 2025 |
| Tentative Listing Date | Tue, May 6, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 30, 2025 |
Iware Supplychain Services IPO: A Strategic Leap in India's Logistics Evolution Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,14,000 |
| Retail (Max) | 1 | 1200 | ₹1,14,000 |
| HNI (Min) | 2 | 2400 | ₹2,28,000 |
Iware Supplychain Services IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net Issue |
| Other Shares Offered | 50% of the Net Issue |
Iware Supplychain Services IPO: A Strategic Leap in India's Logistics Evolution Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100.00% | 73.35% |
Competitive Strength:
- -
Iware Supplychain Services IPO: A Strategic Leap in India's Logistics Evolution Financial Information
| Period Ended | Assets | Total Income | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing | ||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2025 | 56.93 | 86.11 | 8.02 | 16.19 | - | 29.74 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 46.81 | 58.77 | 4.17 | 8.17 | - | 25.34 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 39.47 | 43.72 | 0.42 | 4 | - | 27.33 | ||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 58.52% |
| ROCE | 30.34% |
| Debt/Equity | 1.84 |
| RoNW | 51.05% |
| PAT Margin | 9.34 |
| Price to Book Value | 4.61 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 10.20 | 7.48 |
| P/E (x) | 9.31 | 12.69 |
Objectives of the IPO
The primary objectives of the IPO are:
- Infrastructure Expansion: To develop additional warehouses and C&F facilities across strategic locations in India, enhancing service reach and operational efficiency.
- Fleet Augmentation: To increase the number of owned vehicles, thereby reducing dependency on third-party logistics providers and ensuring timely deliveries.
- Technological Advancements: To invest in cutting-edge IT systems for better inventory management, real-time tracking, and improved customer service.
- Sustainability Initiatives: To adopt eco-friendly practices, such as the use of CNG-powered trucks and energy-efficient warehouse systems, aligning with India's push for green logistics.
Conclusion
Iware Supplychain Services' decision to go public is a strategic move aimed at capitalizing on the burgeoning opportunities in India's logistics sector. With a solid foundation, a clear vision, and a commitment to excellence, the company is well-positioned to leverage the funds from the IPO to drive growth, enhance service offerings, and contribute significantly to the nation's logistics infrastructure.
Investors and stakeholders keen on participating in India's logistics revolution should keep a close watch on Iware's IPO, as it promises to be a pivotal development in the industry's landscape.
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Frequently Asked Questions (FAQs)
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What is the Iware Supplychain Services IPO?
The Iware Supplychain Services IPO is an Initial Public Offering that will allow the company to raise capital by offering its shares to the public for the first time. This move aims to support the company's expansion plans in India's logistics sector.
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What services does Iware Supplychain Services offer?
Iware Supplychain Services is an integrated logistics company providing a comprehensive suite of services including warehousing (3PL and C&F), transportation, rake handling, business auxiliary services, and rental income.
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What is the IPO date and price of the Iware Supplychain Services IPO?
The Iware Supplychain Services IPO will be open for subscription from April 28, 2025, to April 30, 2025. The issue price is set at ₹95 per share.
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What is the lot size for the Iware Supplychain Services IPO?
Investors can bid for a minimum lot size of 1,200 shares, and in multiples of 1,200 shares thereafter.
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On which exchange will the Iware Supplychain Services shares be listed?
The shares of Iware Supplychain Services will be listed on the NSE SME platform.
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What are the objectives of the Iware Supplychain Services IPO?
The primary objectives of the IPO are to fund infrastructure expansion (warehouses and C&F facilities), fleet augmentation (increasing owned vehicles), technological advancements (IT systems), and sustainability initiatives (eco-friendly practices).
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What is the financial performance of Iware Supplychain Services?
Between the financial year ending March 31, 2025, and March 31, 2024, Iware Supplychain Services' revenue increased by 47%, and its profit after tax (PAT) rose by 92%.
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Who are the promoters of Iware Supplychain Services?
The promoters of the company are Krishnakumar Jagdishprasad Tanwar, Rajnish Gautam, and Inter India Roadways Private Limited.
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What is the reservation for retail investors in the Iware Supplychain Services IPO?
50% of the net issue is reserved for retail investors.
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What is the tentative timeline for the Iware Supplychain Services IPO listing?
The tentative allotment date is Friday, May 2, 2025, the tentative listing date is Tuesday, May 6, 2025, and the cut-off time for UPI mandate confirmation is 5 PM on April 30, 2025.
