Iware Supplychain Services IPO
IPO Listing Details
- Listing Date
06 May 2025
- Listing Price
₹ 85.05
- Listing Change
-10.47%
- Last Traded Price
₹ 77.50
IPO Details
-
Open Date
28 Apr 2025
-
Close Date
30 Apr 2025
-
Listing Date
06 May 2025
- IPO Price Range
₹ 95
- IPO Size
₹ 27.13 Cr
- Listing Exchange
NSE SME
IPO Timeline
Iware Supplychain Services IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 28-Apr-25 | - | 0.24 | 0.57 | 0.40 |
| 29-Apr-25 | - | 0.63 | 1.18 | 0.91 |
| 30-Apr-25 | - | 2.65 | 3.28 | 2.96 |
Last Updated: 05 May 2025 9:50 AM by 5Paisa
Iware Supply Chain Services Limited is launching its IPO. The company is a pan-India logistics firm offering warehousing, transportation, rake handling, and business support across key states. Serving FMCG, pharma, retail, and e-commerce sectors, it operates over 100 BCN rakes and transports 220,000 metric tons annually. Iware owns 500 trucks and partners for 10,000 more, offering FTL, HTL, and containerized transport. Its fleet grew from 15 to 47 vehicles by January 2025.
Established in: 2018
CEO: Twinkle Tanwar
Peers
Pranik Logistics Limited
Shreeji Translogistics Limited
Objectives
1. Capex for construction of new industrial shed
2. Working capital requirements
3. General corporate purposes
Iware Supplychain IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | 114,000 |
| Retail (Max) | 1 | 1200 | 114,000 |
| HNI (Min) | 2 | 2400 | 228,000 |
Iware Supplychain IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹27.13 Cr. |
| Offer For Sale | - |
| Fresh Issue | ₹27.13 Cr. |
Iware Supplychain IPO Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| NII (HNI) | 0.71 | 13,56,000 | 9,62,400 | 9.14 |
| Retail | 1.47 | 13,56,000 | 19,90,800 | 18.91 |
| Total** | 1.09 | 27,12,000 | 29,53,200 | 28.06 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
Iware Supplychain Services Industry Landscape and Growth Potential
1. India’s logistics sector is among the largest globally and vital to economic growth.
2. The sector rebounded strongly post-COVID, growing 14% in FY22 to reach US$435 billion, according to an EY report.
3. It is projected to grow to US$591 billion by FY27, according to EY.
4. Organised logistics is projected to grow at a CAGR of ~32% between FY22–FY27.
5. Government initiatives like PM Gati Shakti further support industry formalisation and infrastructure growth.
Why Invest in Iware Supplychain IPO?
1. Iware has shown strong financial growth, with revenue rising from ₹43.7 Cr in FY23 to ₹86.1 Cr in FY25.
2. The company operates a wide logistics network, including 500+ trucks and over 100 BCN rakes across India.
3. Iware Supplychain Services offers integrated, tech-enabled logistics services with features like real-time tracking and multimodal transport.
4. The IPO funds will support infrastructure expansion and fulfill working capital requirements.
| Particulars (in Rs. Crores) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 43.72 | 58.77 | 86.11 |
| EBITDA | 6.22 | 10.87 | 17.00 |
| PAT | 0.42 | 4.17 | 8.02 |
| Particulars (in Rs. Crores) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Total Assets | 39.47 | 46.81 | 56.93 |
| Share Capital | 0.01 | 0.01 | 7.86 |
| Total Borrowings | 27.33 | 25.34 | 29.74 |
| Particulars (in Rs. Crores) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net Cash Generated From / (used in) operating activities | 2.47 | 9.74 | 5.99 |
| Net Cash Generated From / (used in) investing activities | -4.13 | -3.32 | -5.82 |
| Net Cash Generated From / (used in) financing activities | 1.36 | -4.81 | 1.50 |
| Net Increase (Decrease) In Cash And Cash Equivalents | -0.31 | 1.61 | 1.66 |
Strengths
1. Strong nationwide network across multiple Indian states
2. End-to-end logistics services under one roof
3. Integrated rail and road transport solutions
4. Tech-driven operations and real-time tracking
Weaknesses
1. Heavy reliance on key clients for revenue
2. High capital intensity limits quick expansion
3. Limited global presence outside India
4. Dependence on fuel prices for transport costs
Opportunities
1. Expansion into Tier II and III cities
2. Rising demand from e-commerce and FMCG sectors
3. Government push through logistics policy reforms
4. Growing interest in sustainable logistics solutions
Threats
1. Intense competition in logistics and warehousing sector
2. Regulatory changes impacting operational flexibility
3. Fuel price volatility affects profit margins
4. Economic slowdowns may reduce goods movement
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FAQs
Iware Supplychain Services IPO opens from 28 April 2025 to 30 April 2025.
The size of Iware Supplychain Services IPO is ₹27.13 Cr.
The price of Iware Supplychain Services IPO is fixed at ₹95 per share.
To apply for Iware Supplychain Services IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Iware Supplychain Services IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Iware Supplychain Services IPO is 1,200 shares and the investment required is ₹114,000.
The share allotment date of Iware Supplychain Services IPO is 2 May 2025
The Iware Supplychain Services IPO will likely be listed on 6 May 2025.
GetFive Advisors Private Limited is the book running lead manager for Iware Supplychain Services IPO.
Iware Supplychain Services plans to utilise the raised capital from the IPO for:
1. Capex for construction of new industrial shed
2. Working capital requirements
3. General corporate purposes
Contact Information
Iware Supplychain Services
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/
Iware Supplychain Services IPO Register
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: investor.ipo@maashitla.com
Website: https://kosmic.kfintech.com/ipostatus/
Iware Supplychain Services IPO Lead Manager
GetFive Advisors Private Limited
