Iware Supplychain Services was incorporated on November 3, 2020. The company is a pan-India integrated logistics company operating in five service areas: warehousing (including 3PL and C&F), transportation, rake handling, business auxiliary services, and rental income
| Bidding Dates |
|---|
| 28 Apr 2025 - 30 Apr 2025 |
| Subscription |
|---|
| 2.86x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,14,000 | 1 | 1 | 1200 | 2.9 M | ₹95 | 73.35 % | ₹271.3 M | RHP DOC |
Iware Supplychain Services IPO SUBSCRIPTION STATUS
30 Apr '25Iware Supplychain Services IPO overall subscription rate was 2.86 times the total available shares
Iware Supplychain Services IPO retail subscription rate was 3.12 times in the retail segment
Iware Supplychain Services IPO non-institutional investor subscription rate was 2.61 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
30 Apr 2025 (Day 3) | 3.12x | 2.61x | - |
29 Apr 2025 (Day 2) | 1.1x | 0.7x | - |
28 Apr 2025 (Day 1) | 0.52x | 0.23x | - |
Iware Supplychain Services FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| FY25 | 80.2 | 858.2 | 59.9 | -9.3 | 19.8% |
| FY24 | 41.7 | 587.1 | 97.4 | 96.4 | 18.5% |
| FY23 | 4.2 | 435.5 | 24.7 | -16.1 | 14.3% |
Iware Supplychain Services IPO SUBSCRIPTION STATUS DETAILS
Iware Supplychain Services had 2.9 M shares on offer
Iware Supplychain Services IPO offer price was ₹95
Iware Supplychain Services IPO minimum Investment was ₹114000
Iware Supplychain Services IPO issue size was ₹ 271.3 M
Iware Supplychain Services had a minimum lot size of 1200 Shares per application
Iware Supplychain Services NUMBER OF SHARES ON OFFER
Iware Supplychain Services IPO IMPORTANT DATES
| Issue Open Date | 28 Apr 2025 |
| Issue close Date | 30 Apr 2025 |
| Allotment Date | 02 May 2025 |
| Refund Date | 05 May 2025 |
| Demat Account Credit Date | 05 May 2025 |
| Listing Date | 06 May 2025 |
| Listing on Exchange(s) | NSE |
| Iware Supplychain Services Allotment Status | Exchange/ Registrar |
Iware Supplychain Services IPO subscription opened on 28 Apr 2025, and closed on 30 Apr 2025
IPO allotment for Iware Supplychain Services was finalized on Friday, 02 May 2025
IPO listing for Iware Supplychain Services was on NSE on Tuesday, 06 May 2025
Iware Supplychain Services IPO LISTING GAINS
| Issue Price (adjusted) | 95.0 |
| Listing Open Price | 85.0 |
| Listing Close Price | 80.9 |
| Listing Gain% | -10.5% |
| Current Gain% | 395.8% |
Iware Supplychain Services Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Iware Supplychain Services Ltd. | 471 | 504.7 | 33.5 | 0.4 | 2 | 27 | 9.4 | 258.4 | 200.1 | 15.1 | 87.8 | 14.1 | 87.8 |
| Container Corporation of India Ltd. | 505.2 | 38476.9 | 31 | -7.3 | 4.2 | 9.6 | 8.2 | 9443.2 | 1.2 | 1241.8 | -3.6 | 16.3 | -4.2 |
| Delhivery Ltd. | 473.3 | 35452.8 | 379 | -7.2 | 3.2 | 1.6 | 1.2 | 10867 | 16 | 152.7 | -5.8 | 1.2 | -52.9 |
| Shadowfax Technologies Ltd. | 241.2 | 14120.3 | 83.5 | 3 | 6.4 | 3.9 | 4238.6 | 68.6 | 111.7 | 1638.4 | 2.9 | ||
| Blue Dart Express Ltd. | 5089.5 | 12076.3 | 42.1 | 2.7 | 1.9 | 13.9 | 6 | 6182.8 | 7.3 | 247.4 | -2 | 121 | 15.8 |
| VRL Logistics Ltd. | 281.4 | 4921.9 | 18.4 | 0.8 | 1.5 | 20.7 | 9.1 | 3244.8 | 1.8 | 236.8 | 29.5 | 15.3 | 21.8 |
Iware Supplychain Services INFORMATION ON IPO ISSUE
About Iware Supplychain Services
Iware Supplychain Services was incorporated on November 3, 2020. The company is a pan-India integrated logistics company operating in five service areas: warehousing (including 3PL and C&F), transportation, rake handling, business auxiliary services, and rental income
Object of the Issue
- Funding the capital expenditure requirement for the construction of a new industrial shed
- Funding working capital requirements
- General corporate purpose
Iware Supplychain Services - PROMOTERS
| Name |
|---|
| Krishnakumar Jagdishprasad Tanwar |
| Rajnish Gautam |
| Inter India Roadways Private Limited |
Iware Supplychain Services Book Running Lead Manager
Getfive Advisors Private Limited
info@getfive.in
Iware Supplychain Services Registrar to the issue
KFin Technologies Limited
iware.ipo@kfintech.com
Iware Supplychain Services Strengths
Diversified locations
The company’s offices across various regions enhance market reach and resilience, enabling adaptation to local demands and risk mitigation. This geographic spread supports stronger customer relationships and faster service delivery
Client relationship
The company’s timely execution and quality focus have built strong client relationships. By offering customised logistics solutions across industries, it consistently meets client needs and encourages repeat business
Diversified service range
The company's strength lies in its diversified service portfolio across five areas: warehousing (including 3PL and C&F), transportation (including C&F), rake handling, business auxiliary services, and rental income. This range enables it to offer tailored, end-to-end solutions under one roof
Iware Supplychain Services Risks
Dependent on third parties
The company relies on third parties for vehicles used in transportation. Market instability, such as fluctuating fuel costs, may negatively impact operations and financial performance
Seasonal fluctuations
The company’s operations are affected by seasonality, leading to fluctuations in quarterly results. Demand from key customers, especially in the Automobile and FMCG sectors, increases during festive seasons in India
Potential risks of unverified parcel
The company relies on client declarations for parcel contents and does not independently verify them due to a lack of equipment. This poses a risk of hazardous or illegal goods being transported, potentially leading to vehicle confiscation and impacting operations and reputation
IPO FAQs
The promoters of the company are Krishnakumar Jagdishprasad Tanwar, Rajnish Gautam and Inter India Roadways Private Limited.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 95.0 - 95.0.
The IPO application opens on Apr 28, 2025 and closes on Apr 30, 2025.
The minimum lot size for the IPO is 1200. The maximum lot size for the IPO is 1200.
For all category investors, the minimum application amount for this IPO is Rs. 114,000.0, the maximum value for this IPO is Rs 114,000.0.
This IPO will be allotted on May 02, 2025.
The refund will be credited to your account on May 05, 2025.
The allotted shares will be credited to your demat on May 05, 2025.
Iware Supplychain Services Ltd.’s shares listed on the stock exchanges on May 06, 2025.