Blue Water Logistics IPO
Open SmeCurrent GMP
₹4 (+2.96%)
Price Band
₹ 132 – 135
Lot Size
1000
Issue Size
₹40.5 Cr
Minimum Investment
₹270000 (2000 Shares)
Listing Date
02 June 2025
Subscription
9.44x
About the Company
Blue Water Logistics Limited is a Hyderabad-based company engaged in providing comprehensive logistics and supply chain solutions, including freight forwarding, customs clearance, and transportation handling services. Registered as a Multimodal Transport Operator under the Multimodal Transportation of Goods Act, 1993, the company operates through its head office in Hyderabad and five branch offices located in Chennai, Delhi, Jaipur, Visakhapatnam, and Thane. Originally established in 2010 as a partnership firm named Blue Water Logistics by its promoter directors Mr. Laxmi Narayan Mishra and Mr. Lalit Panda, the company has since expanded under the leadership of Ms. Madhusmita Mohanty and Ms. Supriya Mishra. Blue Water Logistics primarily serves clients involved in import and export activities across diverse sectors such as confectionery, chemicals, crockery, textiles, electronics, fitness equipment, and natural stones.
As part of its operations, the company arranges various modes of goods transportation, including commercial vehicles, air freight, rail transport, and warehousing or custom freight station facilities. As of March 31, 2025, it owns 25 commercial vehicles and plans to acquire 20 more to support growing demand and business expansion. The company has built a strong national footprint, providing services across multiple Indian states including Telangana, Gujarat, Maharashtra, Rajasthan, Tamil Nadu, Delhi, and others, and has also extended its presence to international markets such as Singapore and the UAE. To support global operations, Blue Water Logistics is affiliated with international logistics networks like JCtrans and Global Logistics Alliance, and it has the capability to issue house bills of lading, adding an extra layer of security for clients' shipments. The company’s steady growth is driven by the deep industry knowledge and strategic leadership of its promoters, enabling it to expand both its market reach and service portfolio.
Promoters
- Mr. Laxmi Narayan Mishra
- Mr. Lalit Panda
- Ms. Madhusmita Mohanty
- Ms. Supriya Mishra
Promoters Holding
Holding Pre Issue
95.62%
Holding Post Issue
69.55%
Objects of the Issue
The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
- Funding of capital expenditure requirements by purchase of Vehicles and its body building;
- Funding working capital requirements of our Company; and
- General corporate purposes.
Address / Contact Info
Blue Water Logistics Limited
H. No. 8-2-270/B/1/2, Block-3, 4th
Floor Uptown Banjara
Road No. 3,Banjara Hills
Hyderabad, Telangana-500034
Phone: +91 8341101774
Email: investors@bwl.co.in
Website: https://bwl.co.in/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 27 May 2025
IPO Close Date
Thursday, 29 May 2025
Basis of Allotment
Friday, 30 May 2025
Initiation of Refunds
Monday, 02 June 2025
Credit of Shares to Demat
Monday, 02 June 2025
Listing Date
Monday, 02 June 2025 — NSE & BSE
Important Dates
Open Date
27 May 2025
Close Date
29 May 2025
Basis Of Allotment
30 May 2025
Listing Date
02 June 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 76.34 | 42.12 | 29.28 | 38.8 |
| Revenue | 196.29 | 138.74 | 98.07 | 84.72 |
| Profit After Tax | 10.67 | 5.94 | 1.54 | 1.04 |
| Net Worth | 20.15 | 9.48 | 3.54 | 0 |
| Reserve & Surplus | 12.15 | 7.48 | 1.54 | 0 |
| Total Borrowings | 36.73 | 17.22 | 18.81 | 0 |
EPS Pre
13.34%
EPS Post
9.70%
P/E Pre
10.12
P/E (Post Issue)
13.92x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mon, Mar 31, 2025. |
|---|---|
| ROE % | 72.02 |
| ROCE % | 0.3 |
| Debt / Equity | 1.82 |
| RoNW % | 52.95 |
| PbW | 0 |
| Pat Margin % | 5.44 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Market Maker | 156000 | 7.24 | 0 |
| Qualified Institutions | 559000 | 25.82 | 0 |
| Non-Institutional | 440000 | 20.32 | 0 |
| Retail Investors | 1010000 | 46.65 | 0 |
| Total | 2165000 | 100 | 0 |
Subscription Status ( Thu, 29 May 25 01:15 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Total | 2009000 | 18964000 | 9.44x |
| Qualified Institutions | 559000 | 7849000 | 14.04x |
| Non-Institutional | 440000 | 4498000 | 10.22x |
| Retail Investors | 1010000 | 6617000 | 6.55x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | 135,000.00 |
| Retail (Max) | 1 | 1,000 | 135,000.00 |
| S-HNI (Min) | 2 | 2,000 | 270,000.00 |
Registrar
Maashitla Securities Pvt. Limited
011-45121795-96
investor.ipo@maashitla.com
https://www.maashitla.com
Book Running Lead Managers
- Smart Horizon Capital Advisors Private Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Blue Water Logistics IPO is a Book-building IPO worth ₹40.5 crores. The price band is ₹132 to 135 per share. The IPO opens on Tue, May 27, 2025 and closes on Thu, May 29, 2025. It will be listed on BSE and NSE. Maashitla Securities Pvt. Limited is the registrar.
The Blue Water Logistics IPO opens on Tue, May 27, 2025 and closes on Thu, May 29, 2025
Blue Water Logistics IPO Price Band is ₹132 to 135.
Blue Water Logistics IPO lot size is 1000, and the minimum amount required for application is ₹270000.
The minimum investment for Blue Water Logistics IPO is approximately ₹270000 based on the upper price band.
To apply for the Blue Water Logistics IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, May 29, 2025. After submission, funds are blocked until the basis of allotment of Blue Water Logistics IPO is finalised.
Blue Water Logistics IPO issue size is ₹40.5 crores.
Blue Water Logistics IPO allotment date is Sat, Jun 27, 2026.
The registrar for Blue Water Logistics IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website for IPO allotment status, refund processing, and other queries related to Blue Water Logistics IPO through their official website or helpline.
The Blue Water Logistics IPO GMP (Grey Market Premium) is ₹4 as of Mon, Jun 2, 2025. Based on the upper price band of ₹135 per share, the estimated Blue Water Logistics IPO listing price is ₹139, indicating a potential listing gain of approximately 31% over the issue price.