Iware Supplychain IPO Allotment Status

Summary

iWare Supply Chain Services Limited, incorporated in 2018, is a pan-India integrated logistics company providing a wide range of services including warehousing, transportation, rake handling services, business auxiliary services, and rental income. The Iware Supplychain Services IPO comes with a total issue size of ₹27.13 crore, comprising entirely a fresh issue of 28.56 lakh shares. The IPO opened on April 28, 2025, and closed on April 30, 2025. The allotment date for the Iware Supplychain Services IPO is expected to be finalized on Friday, May 2, 2025.

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Steps to Check Iware Supplychain Services IPO Allotment Status on Registrar Site

• Visit Kfin Technologies Limited website
• Select "Iware Supplychain Services 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 Iware Supplychain Services IPO Allotment Status on NSE

• Navigate to the NSE SME IPO Allotment Status Page
• Choose "Iware Supplychain Services 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

Iware Supplychain Services IPO Subscription Status

Iware Supplychain Services IPO received moderate investor interest, being subscribed 2.96 times overall. Here is a category-wise breakdown of the subscription as of 6:20:01 PM on April 30, 2025:

• Retail Category: 3.28 times
• Non-Institutional Investors (NII): 2.65 times
   

Utilization of IPO Proceeds 

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

• Capital Expenditure: For the construction of new industrial shed
• Working Capital: Funding working capital requirements
• General Corporate Purpose: Supporting various business initiatives

Business Overview 

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. As of January 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. 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, offering flexible transport solutions such as Full Truck Load (FTL), Half Truck Load (HTL), and containerized options, catering to diverse business needs.