Iware Supplychain Services IPO: A Strategic Leap in India's Logistics Evolution IPO Details
| Detail | Description |
|---|---|
| IPO Date | 28 to 30 Apr, 2025 |
| Listing Date | 6 May, 2025 |
| 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 |
About 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.
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 |
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.
Iware Supplychain Services IPO: A Strategic Leap in India's Logistics Evolution Financial Information
Latest Revenue
86.11
₹ Crore
Profit After Tax
8.02
₹ Crore
Net Worth
16.19
₹ Crore
Total Borrowing
29.74
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Reserves & 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 | |||||||||
Iware Supplychain Services IPO: A Strategic Leap in India's Logistics Evolution 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 |
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Iware Supplychain Services IPO: A Strategic Leap in India's Logistics Evolution IPO Timeline
| 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 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | 114000 |
| Retail (Max) | 1 | 1200 | 114000 |
| HNI (Min) | 2 | 2400 | 228000 |