Subscription
Last updated on 29-May-2025 17:00:40
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 559000 | 7849000 | 14.04 |
| NIB | 440000 | 4342000 | 9.87 |
| RETAIL | 1010000 | 6617000 | 6.55 |
| Total | 2009000 | 18808000 | 9.36 |
| Application Wise Breakup | |
|---|---|
| Category | App. Received |
| QIB | 12 |
| NIB | 417 |
| RETAIL | 6617 |
| Total | 7046 |
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIB | 7.55 | 105.96 | 14.04 |
| NIB | 5.94 | 58.62 | 9.87 |
| RETAIL | 13.64 | 89.33 | 6.55 |
| Total | 27.12 | 253.91 | 9.36 |
| QIB Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹2.5 | @8% ₹2.9 | @9% ₹3.3 | @10% ₹3.6 | @11% ₹4 | @12% ₹4.4 |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹1.8 | @8% ₹2 | @9% ₹2.3 | @10% ₹2.6 | @11% ₹2.8 | @12% ₹3.1 |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail (10000 to 2 lakh) | 1 | 1000 | 135000 | 1010 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 33.67% | 1010000 |
| NII (HNI) | 14.46% | 440000 |
| QIB | 18.93% | 559000 |
| Anchor | 27.83% | 835000 |
| Market Maker | 5.20% | 156000 |
| Total | 100.00% | 3000000 |
Blue Water Logistics IPO Details
| Issue Size | 30,00,000 shares (aggregating up to ₹40.50 Cr) |
| Fresh Issue | 30,00,000 shares (aggregating up to ₹40.50 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 80,00,000 shares |
| Share Holding Post Issue | 1,10,00,000 shares |
| Market Maker Portion | 1,56,000 shares |
| Market Maker | Shreni Shares |
Key Performance Indicator (KPI)
| KPI | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 72.02% | 91.24% | 35.02% |
| RONW | 52.95% | 62.66% | 43.51% |
| EPS (basic) | 13.34 | 7.43 | 1.93 |
| P/E Pre IPO | 10.12 | ||
| P/E Post IPO | 13.92 |
Company Financials In Crores
| Period | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|
| Assets | 76.34 | 42.12 | 29.28 | 38.80 |
| Revenue | 196.29 | 138.74 | 98.07 | 84.72 |
| Profit | 10.67 | 5.94 | 1.54 | 1.04 |
| Net Worth | 20.15 | 9.48 | 3.54 | 0.00 |
| Reserves | 12.15 | 7.48 | 1.54 | 0.00 |
| Borrowing | 36.73 | 17.22 | 18.81 | 0.00 |
Company Overview
Incorporation: April 2010
Core Business: Logistics and supply chain solutions (freight forwarding, customs clearance, transportation).
Service Modes: Air, sea, and land transport.
Branches: Chennai, Delhi, Jaipur, Visakhapatnam, Thane.
Employee Strength: 83 (as of March 31, 2025).
Key Services
Freight Forwarding: End-to-end cargo movement.
Customs Clearance: Regulatory compliance for imports/exports.
Project Logistics: Tailored solutions for heavy/large-scale shipments.
Supply Chain Management (SCM): Integrated logistics planning.
Warehousing: Storage and inventory management.
Transportation: 25 commercial vehicles for domestic distribution.
Geographic Reach
Domestic: Telangana, Gujarat, Maharashtra, Rajasthan, Andhra Pradesh, Tamil Nadu, Delhi, Punjab, Karnataka, Uttar Pradesh, Madhya Pradesh, Odisha.
International: Africa, Singapore, UAE.
Industry Clientele
Confectionery | Chemicals | Crockery | Natural Stones | Textiles | Electronics | Fitness Equipment
Use Of IPO Funds
Fleet Expansion (₹105.17M)
Expected to enhance service capacity and reduce third-party dependency.
Potential to onboard larger clients (e.g., industrial projects requiring heavy logistics).
Working Capital (₹200M)
Ensures liquidity for operational scalability.
Supports fuel, labor, and maintenance costs amid rising demand.
General Corporate Purposes
Flexible allocation for strategic initiatives (e.g., tech integration, market expansion).
Strength
Experienced Leadership: Promoters/Directors bring industry expertise.
Diverse Portfolio: Services across multiple sectors.
Weakness
Revenue Concentration Risk – Heavy reliance on ocean freight makes the business vulnerable to disruptions in that segment.
Customs Clearance Delays – Delays can impact service timelines and damage customer relationships.
Dependence on Third Parties – Operational issues with vendors or service providers may disrupt business continuity.
Lead Manager(s)
Address
H. No. 8-2-270/B/1/2, Block-3, 4th Floor
Uptown Banjara, Road No. 3,
Banjara Hills
Phone: +91 8341101774
Email: investors@bwl.co.in
Website: https://bwl.co.in/