Iware Supplychain Services Limited IPO Details

SME

Iware Supplychain Services IPO opens for subscription on 28 Apr 2025 and closes on 30 Apr 2025. The IPO will be listed on NSE with the tentative listing date set for 06 May 2025.

Iware Supplychain Services IPO price band has been fixed at ₹95 – ₹95 per share.The face value is ₹10 per share with a lot size of 1200.

Iware Supplychain Services IPO total issue size comprises 28,56,000 shares (aggregating up to ₹27.13 Cr). This includes a fresh issue of 28,56,000 shares (aggregating up to ₹27.13 Cr). Pre-issue shareholding stands at 78,60,000, which will increase to 1,07,16,000 post-issue.

Iware Supplychain Services IPO carries a ₹2 (2.1%) GMP, reflecting investor sentiment.

Iware Supplychain Services IPO Lot Size : Retain Minimum is 1 lot (1,200 shares) amounting to ₹114,000. Retain Maximum is 1 lot (1,200 shares) amounting to ₹114,000. HNI Minimum is 2 lots (2,400 shares) amounting to ₹228,000.

The Lead Managers for Iware Supplychain Services IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is GetFive Advisors Private Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Smc Global Securities Ltd.. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the Iware Supplychain Services Limited RHP.

Iware Supplychain Services IPO Details

Listing Price : ₹85.05 at a Discount of 10.47%
Open Date
28 Apr 2025
Close Date
30 Apr 2025
Listing Date
06 May 2025
Issue Price
₹95 - ₹95
Face Value
₹10 per share
Lot Size
1200
GMP
₹2 (2.1%)
Issue Type
IPO
Listing On
NSE
Type
Fixed Price Issue
Share holding pre issue
7860000
Share holding post issue
10716000
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)
Offer for Sale
-

Iware Supplychain Services IPO Subscription

Iware Supplychain Services IPO Application Wise Breakup

Iware Supplychain Services IPO Dates

  • 28 Apr 2025
    Opening dateOPD
  • 30 Apr 2025
    Closing dateCOD
  • 02 May 2025
    Allotment Date BOA
  • 05 May 2025
    Initiation of RefundsIOR
  • 05 May 2025
    Credit of SharesCOS
  • 06 May 2025
    Listing dateLID

Iware Supplychain Services IPO Lot Size

ApplicationLotsSharesAmount
Retain Minimum11200₹114,000
Retain Maximum11200₹114,000
HNI Minimum22400₹228,000

Iware Supplychain Services IPO Reservation

Promoter Holding

Pre Issue:100.00%
Post Issue:73.35%
Promoter Names:
Krishnakumar Jagdishprasad Tanwar, Rajnish Gautam, Inter India Roadways Private Limited

Iware Supplychain Services IPO Valuations

ROE:58.52%
ROCE:30.34%
DEBT/EQUITY:1.84
RONW:51.05%
PAT MARGIN:9.34
PRICE TO BOOK VALUE:4.61
EPS Pre IPO:10.20
EPS Post IPO:7.48
P/E Pre IPO:9.31
P/E Post IPO:12.69

Iware Supplychain Services Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets56.9346.8139.47
Revenue86.1158.7743.72
Profit After Tax8.024.170.42
Net Worth16.198.174
Reserves and Surplus8.338.163.99
Total Borrowing29.7425.3427.33
Amount in ₹ Crore

About Iware Supplychain Services IPO

Incorporated in 2018, iWare Supply Chain Services Limited is pan-India integrated logistics company providing a wide range of services including warehousing (with third-party logistics (3PL) and carrying & forwarding agent operations), transportation, rake handling services, business auxiliary services, and rental income operating across multiple states in India like Gujarat, West Bengal, Uttar Pradesh, Rajasthan, Punjab, Haryana, and Delhi essentially offering comprehensive supply chain management solutions through their extensive network across the country.

The company offers services in multiple states, including Gujarat, West Bengal, Uttar Pradesh, Rajasthan, Punjab, Haryana, and Delhi, ensuring comprehensive coverage and reliable service delivery.

The company offers logistics support and solutions through its extensive network and integrated services across India.

As of anuary 2025, iWare's fleet has grown from 15 vehicles in the financial year 2022 to 47 vehicles, comprising 15 units of 22-feet open-body trucks and the remaining 32-feet containers.

iWare's extensive network supports FMCG, pharmaceuticals, retail, and e-commerce industries.

The company operates over 100 BCN rakes annually, transporting approximately 220,000 metric tons of goods annually.

iWare's extensive road fleet includes 500 company-owned trucks and access to an additional 10,000 vehicles through partnerships. The company offers flexible transport solutions, such as Full Truck Load (FTL), Half Truck Load (HTL), and containerized options, catering to diverse business needs.

Strength Of Iware Supplychain Services IPO

1. Warehousing and Logistics services provider serving clients for more than 5 years.

2. Long-standing relationships with our clients.

3. Diverse range of services in our portfolio.

4. Long-standing relationships with our clients.

Risk Of Iware Supplychain Services IPO

1. We do not own the premises in which our registered office is located and the same are on lease arrangement. Any termination of such lease/license and/or non-renewal thereof and attachment by Property Owner could adversely affect our operations.

2. We have not entered into try party agreement with CDSL.

3. Our business heavily relies on the expertise and guidance of our Directors and Key Managerial Personnel to ensure sustained success. The loss of any of them could have a significant impact on our company.

4. Our business is dependent on the sale of our services to certain key Industries and certain customers including our Promoter Group Companies. The negative change in industry and/or loss of any of these customers or loss of revenue from sales to these customers could have a material adverse effect on our business, financial condition, results of operations and cash flows.

5. There are outstanding legal proceedings involving our Company and one of our Promoters/ Directors. Any adverse outcome in such proceedings may have an adverse impact on our reputation, business, financial condition, results of operations and cash flows.

6. In case of our inability to obtain, renew or maintain the statutory and regulatory licenses, permits and approvals required to operate our business it may have a material adverse effect on our business.

7. Our company depends on third parties to acquire vehicles utilized in our transportation operations. Further, market instability, including changes in fuel costs may adversely impact the company's operations and financial performance.

8. Our top five states contribute our major revenue for the period ended October 31, 2024, and year ended 31st March 2024, 2023, 2022. Any loss of business from one or more of these states may adversely affect our revenues and profitability.

9. A major portion of our expenses is incurred in Lorry hire charges that are included in the head "other expenses". Our Inability to effectively reduce and control these expenses may adversely impact our profitability in the future.

10. We may not be able to acquire warehouses and other logistics facilities in desirable locations that are suitable for our expansion at commercially reasonable prices and our expansion plans may be delayed or affected by various factors.

Objectives Iware Supplychain Services IPO

1. Capital expenditure requirement for the construction of new industrial shed.

2. Funding Working capital requirements.

3. General Corporate Purpose.

Company Contact Details

Iware Supplychain Services Limited
7 th Floor 707 Iscon Elegance, Nr. Jain Temple
Prahladnagar Cross Road,
S.G. Highway
Phone: +91 9512470099
Email: compliance.officer@iware.co.ini
Website: http://www.iware.co.in/

Registrar Contact Details

Name: Kfin Technologies Limited
Phone: +91-40-67162222

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