Iware Supplychain Services IPO Details
The Iware Supplychain Services IPO is a fixed price issue with a total issue size of ₹27.13 cr, comprising of fresh issue of 2856000 equity shares. Iware Supplychain Services IPO opened for subscription on Apr 28, 2025 and closed on Apr 30, 2025. Iware Supplychain Services IPO has set the price at ₹95 per share, with a lot size of 1200 shares. Minimum investment for Retail investors was ₹228,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on May 02, 2025, and listed on the NSE on May 06, 2025.
Kfin Technologies Limited has been appointed as the registrar. Getfive Advisors Private Limited are the Book Running Lead Manager for the issue.
Before investing in the Iware Supplychain Services IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 95 – 95
- Lot Size
- 1200
- Issue Size
- ₹27.13 Cr
- Minimum Investment
- ₹228000 (2400 Shares)
- Listing Date
- 06 May 2025
Current GMP
₹2 (+2.11%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Iware Supplychain Services Limited
Iware Supplychain Services Limited is a logistics company headquartered in Ahmedabad, Gujarat. It was originally incorporated as Iware Supplychain Services Private Limited on January 17, 2018, under the Companies Act, 2013. In October 2024, the company transitioned to a public limited company following a special resolution passed by its shareholders. A fresh certificate of incorporation was issued on November 27, 2024, officially recognizing its new status as Iware Supplychain Services Limited.
The company offers a wide range of logistics services across India, focusing on five core areas: warehousing (including third-party logistics and Carrying & Forwarding services), transportation, rake handling services, business auxiliary services, and rental income. Its transportation operations include both road and rail. On the road front, the company operates a fleet of 47 vehicles, all with national permits, allowing for seamless inter-state movement. On the rail side, Iware provides rake handling services by hiring rail cargo for bulk goods movement, managing the complete loading and unloading process.
Iware has established a pan-India presence through business offices located in several states, including Gujarat, West Bengal, Uttar Pradesh, Rajasthan, Punjab, Haryana, and Delhi. This wide network supports its ability to deliver end-to-end logistics solutions to clients across various regions and industries.
Technology plays a crucial role in the company’s operations, with logistics systems provided by clients helping to enhance service quality and operational efficiency. The company is also compliant with key industry standards, holding a Central FSSAI license for handling perishable goods and an ISO 9001:2015 certification for its quality management systems.
Iware caters to a broad spectrum of industries such as Fast Moving Consumer Goods (FMCG), auto components, and sanitaryware, demonstrating its ability to manage a diverse client base. The management team, led by experienced promoters Krishnakumar Jagdishprasad Tanwar and Rajnish Gautam, brings over 20 years of combined expertise in logistics. Since 2022, the company’s vehicle fleet has expanded from 15 to 47, highlighting its strong growth trajectory.
The company’s unique strengths lie in its integrated service offerings, nationwide reach, experienced leadership, and the flexibility to handle large, complex orders. These factors position Iware Supplychain Services Limited as a competitive and reliable logistics partner for businesses across India.
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Iware Supplychain Services IPO Promoters
- Krishnakumar Jagdishprasad Tanwar
- Rajnish Gautam
- Inter India Roadways Private Limited
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
73.35%
Iware Supplychain Services IPO Objective
The funds raised through this Issue are intended to be used for the following purposes:
1. Funding the capital expenditure requirement for the construction of new industrial shed
2. Funding Working capital requirements
3. General Corporate Purpose
Address / Contact Info
Iware Supplychain Services Limited
7th Floor 707 Iscon Elegance, Nr.
Jain Temple, Prahladnagar Cross
Road, S.G. Highway, Ahmedabad-380051
Phone: +91 9512470099
Email: compliance.officer@iware.co.ini
Website: http://www.iware.co.in/
IPO Snapshot
Book Running Lead Managers
- Getfive Advisors Private Limited
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.
Iware Supplychain Services IPO is a Fixed price IPO with a total issue size of ₹27.13 crore. The Iware Supplychain Services IPO price band is ₹95 to 95 per share. The Iware Supplychain Services IPO subscription opens on Mon, Apr 28, 2025, and closes on Wed, Apr 30, 2025. The Iware Supplychain Services IPO will be listed on the NSE. Kfin Technologies Limited is the registrar for the Iware Supplychain Services IPO.
The Iware Supplychain Services IPO opens on Mon, Apr 28, 2025 and closes on Wed, Apr 30, 2025
Iware Supplychain Services IPO Price Band is ₹95 to 95 per share.
Iware Supplychain Services IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹228000 based on the upper price band
The minimum investment for Iware Supplychain Services IPO is ₹228000, based on one lot of 1200 shares at the upper price band of ₹95 per share.
Investors can apply for the Iware Supplychain Services IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Apr 30, 2025. The application amount remains blocked until the Iware Supplychain Services IPO allotment is finalized.
Iware Supplychain Services IPO issue size is ₹27.13 crores.
Iware Supplychain Services IPO allotment date is Wed, Jul 1, 2026.
The registrar for Iware Supplychain Services IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website to check Iware Supplychain Services IPO allotment status, refund processing, and other IPO-related information.
The Iware Supplychain Services IPO GMP (Grey Market Premium) is ₹2 as of Tue, May 6, 2025. Based on the upper price band of ₹95 per share, the estimated Iware Supplychain Services IPO listing price is ₹97, indicating a potential listing gain of approximately 0% over the issue price.