What was the last grey market premium of Iware Supplychain IPO?

 Rs. 0

Listing Review: Will update on listing.

Subscription status of Iware Supplychain IPO

Iware Supplychain Limited IPO
(Day 1)

Price Rs. 95 Lot 1200 shares, Rs. 27.13 Crore

QIB NII x RII x Total x Applications
         
Note: 

Iware Supplychain Allotment Link: 

 

 

What is the business of Iware Supplychain?

Established in 2018, iWare Supply Chain Services Limited is a leading pan-India integrated logistics company offering end-to-end supply chain management solutions. With a strong presence across key states—including Gujarat, West Bengal, Uttar Pradesh, Rajasthan, Punjab, Haryana, and Delhi—iWare delivers reliable, scalable services tailored to diverse business needs.

Comprehensive Logistics Solutions

iWare specializes in a wide range of logistics services, including:

  • Warehousing & Distribution: 3PL services and Carrying & Forwarding (C&F) agent operations

  • Transportation: Flexible options such as Full Truck Load (FTL), Half Truck Load (HTL), and containerized transport

  • Rail Logistics: Operation of over 100 BCN rakes annually, moving approx. 220,000 metric tons of goods

  • Business Auxiliary Services and Rental Income Solutions

Expansive Fleet & Network

As of January 2025, iWare has significantly expanded its fleet—from 15 vehicles in FY 2022 to 47 company-owned trucks, comprising 15 open-body (22-ft) trucks and 32 containerized (32-ft) units. Additionally, the company leverages a network of over 10,000 partner vehicles to ensure delivery flexibility and reach.

Industry Expertise

iWare supports a wide array of sectors, including FMCG, pharmaceuticals, retail, and e-commerce, offering reliable logistics solutions through its extensive multimodal infrastructure.

Get more information about the company @ http://www.iware.co.in/

Iware Supplychain IPO Details

IPO opens on  28 April 2025
IPO closes on  30 April 2025
Issue Type Book Built Issue IPO
Issue Size 2856000 Shares /
Rs 27.13 Crore
* Fresh Issue 2856000 Shares /
Rs 27.13 Crore
* Offer for Sale – – shares /
Rs.- crore
Market Maker Portion 144000 Shares
Net offer to Public 2712000 Shares/
Rs 25.76 Crore
Face Value per share Rs. 10
Price Band Rs. 95
Employee discount  Rs. 0 per share
Retail Lot Size  1200 Shares
Listing will at  NSE SME

Shares offered in IPO

  Shares Rs. (Crore)
QIB (0%)
HNI (50%) 1356000 12.88
RII  (50%) 1356000 12.88
Total Shares  2712000 25.76
Retail portion will be
oversubscribed by 
1130
Forms
How much Shares to Apply in this IPO?
Min Retail Application 1200 Shares Rs.114000
Min HNI Application  2400 Shares Rs. 228000

Who are the Promoters of Iware Supplychain?

The promoters of the company are Krishnakumar Jagdishprasad Tanwar, Rajnish Gautam and Inter India Roadways Private Limited.

What are the Objects of Iware Supplychain IPO?

The Company proposes to utilize the Net Proceeds towards funding of the following objects:

  1. Capital expenditure requirement for the construction of new industrial shed

  2. Funding to meet working capital requirements

  3. General Corporate Purpose

Tentative timetable

IPO opens on 28 April 2025
IPO Closes on 30 April 2025
IPO Allotment on  2 May 2025
Refund Initiation  5 May 2025
Credit of Shares 5 May 2025
Listing on 6 May 2025
Registered Office of the Company
Iware Supplychain Services Limited
7 th Floor 707 Iscon Elegance, Nr. Jain Temple
Prahladnagar Cross Road,
S.G. Highway, Ahmedabad
Who is the Lead Manager of this IPO?
Get 5 Advisors Pvt ltd

Who is the Registrar to IPO?

Kfin Technologies ltd

Iware Supplychain IPO GMP grey market premium, review, Subscription, allotment, listing estimate

Iware Supplychain IPO Financial & Analytical Ratios

Year Total
Income
Net
Profit
EPS RoNW
  Rs.in Crore Rs.in Crore Rs. %
2022-23 43.72 0.42
2023-24 58.77 4.17
2024-25 86.11 8.02 10.20 51.05
Book Value of the
Share on 31.03.2024
       
BV of the Share at
cap price after IPO
Rs.      
Offer Price/upper band Rs. 95    

Key Performance
indicators

Price/EPS of 23-24 9.31
Price/BV Ratio4.61  
Debt/Equity Ratio 1.84

How Iware Supplychain IPO compares with the Peers?

As per RHP  FV Price to  PE
    Book Value Ratio
Iware Supplychain 10 4.75 9.31
Pranik Logistics   12.73
Shreeji Translogistics   327.88 16.74
       

# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

Iware Supplychain IPO Review by Paresh Gordhandas, CA & Research Analyst.

Will update soon

+ from fundamental angle: May Apply

+ from grey market angle: ?

Quicklinks


 
Iware Supplychain IPO

 
Iware Supplychain IPO

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