Iware Supplychain Services Limited (NSE SME)

Apr 28, 2025 - Apr 30, 2025

Price ₹95 - ₹95
Premium ₹0
Lot size 1200
Allotment May 2, 2025
Listing May 6, 2025

Category Lot(s) Qty Amount Reserved
Retail 1 1200 114000 1130
HNI 2 2400 228000 1130
About

IPO Reservation

Investor CategoryShares OfferedNo. of Shares
Retail47.5%1356000
Other47.5%1356000
Market Maker5.04%144000
Total No. of Shares100.0%2856000

Iware Supplychain Services IPO Details

Issue Size28,56,000 shares
(aggregating up to ₹27.13 Cr)
Fresh Issue28,56,000 shares
(aggregating up to ₹27.13 Cr)
Issue TypeFixed Price IPO
Listing AtNSE SME
Share Holding Pre Issue78,60,000 shares
Share Holding Post Issue1,07,16,000 shares
Market Maker Portion1,44,000 shares
Market MakerSmc Global Securities

Key Performance Indicator (KPI)

KPIMar-25Mar-24Mar-23
ROE58.52%68.56%11.17%
ROCE30.34%24.44%11.43%
RONW49.54%51.05%10.58%
EPS
(basic)
10.25.30.54
P/E
Pre IPO
9.31
P/E
Post IPO
12.69

Company Financials In Crores

Period EndedMar-25Mar-24Mar-23
Assets56.946.839.5
Revenue86.158.843.7
Profit After Tax8.04.20.4
Net Worth16.28.24.0
Reserves and Surplus8.38.24.0
Total Borrowing29.725.327.3

About Company

Incorporated in 2018, iWare Supply Chain Services Limited is a pan-India integrated logistics company offering comprehensive supply chain management solutions across key Indian states including Gujarat, West Bengal, Uttar Pradesh, Rajasthan, Punjab, Haryana, and Delhi. The company provides a broad range of services such as warehousing—through third-party logistics (3PL) and carrying & forwarding agent operations—transportation, rake handling, business auxiliary services, and rental income, ensuring reliable and efficient service delivery across sectors like FMCG, pharmaceuticals, retail, and e-commerce. iWare operates an extensive logistics network, including a growing fleet that expanded from 15 vehicles in FY2022 to 47 vehicles by January 2025, comprising 15 units of 22-feet open-body trucks and 32 units of 32-feet containers. Additionally, the company operates over 100 BCN rakes annually, transporting approximately 220,000 metric tons of goods, and boasts a robust road transport capability with 500 company-owned trucks and access to 10,000 more through partnerships. With flexible transport offerings including Full Truck Load (FTL), Half Truck Load (HTL), and containerized solutions, iWare delivers tailored logistics services to meet diverse customer needs nationwide.

Lead Manager(s)
  • GetFive Advisors Private Limited 
Strength

Pan-India Presence – Extensive network across key states enables broad coverage and seamless service delivery.

Comprehensive Logistics Solutions – End-to-end offerings from warehousing to transportation and auxiliary services provide a one-stop supply chain solution.

Integrated Multimodal Transport – Combination of road fleet and rail (BCN rake) operations ensures efficient, flexible, and cost-effective goods movement.

Weakness

Customer and Industry Dependence – Heavy reliance on key industries and select customers, including Promoter Group Companies, poses revenue concentration risks.

Third-Party and Market Dependence – Dependence on third parties for vehicle acquisition and vulnerability to fuel price fluctuations may impact operations and profitability.

Seasonal Variability – Business operations are subject to seasonality, potentially causing significant fluctuations in financial performance.

Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: investor.ipo@maashitla.com
Website: https://kosmic.kfintech.com/ipostatus/