Blue Water Logistics IPO Allotment Status

Blue Water Logistics Limited, incorporated in April 2010, provides logistics and supply chain solutions with primary services including freight forwarding, customs clearance and transportation handling services. The Blue Water Logistics IPO comes with a total issue size of ₹40.50 crore, comprising entirely a fresh issue of 30.00 lakh shares. The IPO opened on May 27, 2025, and closed on May 29, 2025. The allotment date for the Blue Water Logistics IPO is expected to be finalised on Friday, May 30, 2025.

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Steps to Check Blue Water Logistics IPO Allotment Status on Registrar Site

• Visit Maashitla Securities Private Limited website 
• Select "Blue Water Logistics IPO" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Blue Water Logistics IPO Allotment Status on NSE

• Navigate to the NSE SME IPO Allotment Status Page
• Choose "Blue Water Logistics IPO" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Blue Water Logistics IPO Subscription Status

Blue Water Logistics IPO received strong investor interest, being subscribed 9.36 times overall. Here is a category-wise breakdown of the subscription as of 5:15:00 PM on May 29, 2025:

• Retail Category: 6.55 times
• Qualified Institutional Buyers (QIB): 14.04 times
• Non-Institutional Investors (NII): 9.87 times

Utilization of IPO Proceeds

The funds raised through the IPO will be utilised as follows:

• Capital Expenditure: Funding of capital expenditure requirements by the purchase of Vehicles and their body building
• Working Capital: Funding the working capital requirements of the Company
• General Corporate Purposes: Supporting various business initiatives

Business Overview

The company provides comprehensive project logistics, supply chain management (SCM), and warehousing across air, sea, and land transport, focusing on tailored solutions for client needs, including cargo pick-up, customs clearance, and delivery. Blue Water Logistics has five branches in Chennai, Delhi, Jaipur, Visakhapatnam, and Thane, and serves customers in confectionery, chemicals, crockery, natural stones, textiles, electronics, and fitness equipment. The company provides services across multiple states in India and internationally in Africa, Singapore, and the UAE. As of March 31, 2025, the company has 25 commercial vehicles for various transportation needs and employs 83 people across various departments.