IPO Issue Details
Issue Price / Price Band₹135 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,000 Shares per Lot
Total Issue Size30,00,000 shares (aggregating up to ₹40.50 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenTue, 27 May 2025
Subscription CloseThu, 29 May 2025
Anchor AllotmentMon, 26 May 2025
Basis of AllotmentFri, 30 May 2025
Initiation of RefundsMon, 02 Jun 2025
Credit of Shares to DematMon, 02 Jun 2025
Listing DateTue, 03 Jun 2025
UPI Mandate Deadline2025-05-29
Application & Investment Details
Retail — Min (1 Lots)₹1,35,000 — 1,000 shares
Retail — Max (13 Lots)₹1,755,000 (13 Lots)
HNI — Min (2 Lots)₹2,70,000 — 2,000 shares
EPS (Pre-IPO)₹13.34
EPS (Post-IPO)₹9.70
P/E Ratio (Pre-IPO)10.12x
P/E Ratio (Post-IPO)13.92x
Net Offer to Public28,44,000 shares (aggregating up to ₹38.39 Cr)
Reserved for Market Maker1,56,000 shares (aggregating up to ₹2.11 Cr)
Pre-IPO Promoter Holding80,00,000 shares
Post-IPO Promoter Holding1,10,00,000 shares
About Blue Water Logistics Ltd
Incorporated in April 2010, Blue Water Logistics Ltd provides logistics and supply chain solutions. The company's primary services include freight forwarding, custom clearance and transportation handling services.The company provides comprehensive project logistics, supply chain management (SCM), and warehousing across air, sea, and land transport, focusing on tailored solutions for client needs, including cargo pick-up, customs clearance, and delivery, offering a complete suite of logistics services.The company has five branches in Chennai, Delhi, Jaipur, Visakhapatnam, and Thane.The company serves customers in confectionery, chemicals, crockery, natural stones, textiles, electronics, and fitness equipment.As of March 31, 2025, the company has 25 commercial vehicles for various transportation needs.The company provides services in Telangana, Gujarat, Maharashtra, Rajasthan, Andhra Pradesh, Tamil Nadu, Delhi, Punjab, Karnataka, Uttar Pradesh, Madhya Pradesh, Odisha, and abroad in Africa, Singapore, and the UAE. As of March 31, 2025, the Company has 83 employees in various departments.Competitive StrengthWell established relationship with clients.Leveraging the experience of the Promoters and Directors.Wide customer portfolio across different industry verticals.Wide range of logistics services.Domestic and Global Network coverage.
Objects of the Issue
Blue Water Logistics Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Funding of capital expenditure requirements by purchase of Vehicles and its body building
10.52
2
Funding working capital requirements of the Company
20.00
3
General corporate purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding
80,00,000 shares
Post-IPO Promoter Holding
1,10,00,000 shares