Blue Water Logistics Limited
Bookbuilding IPO · NSE
- Price band
- ₹132 - ₹135
- Lot size
- 1,000 shares
- Issue amount
- ₹40.5 cr
- Total subscription
- 9.36×
- Opens
- 27 May 2025
- Closes
- 29 May 2025
- Allotment
- 30 May 2025
- Listing
- 3 Jun 2025
Offer at a glance
Issue overview
- Issue size
- 30,00,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,32,000
- Fresh issue
- ₹40.5 cr
- Offer for sale
- ₹0 cr
- Registrar
- Maashitla Securities Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,35,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 80,00,000
- Shares after issue
- 1,10,00,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,000 | ₹1,35,000 |
| HNI | 2 | 2,000 | ₹2,70,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | — | 12 |
| NIB | — | 417 |
| RETAIL | — | 6,617 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 7.55 | 25 |
| RETAIL | 13.63 | 35.67 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 13.34 | 7.43 | 1.93 |
| ROE | 72.02 | 91.24 | 35.02 |
| ROCE | 0 | 0 | 0 |
| RONW | 52.95 | 62.66 | 43.51 |
| PRE IPO(PE) | 10.12 | 0 | 0 |
| POST IPO(PE) | 13.92 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Blue Water Logistics Ltd, established in April 2010, offers end-to-end logistics and supply chain solutions, including freight forwarding, customs clearance, and transportation services. The company provides tailored logistics support across air, sea, and land, covering everything from cargo pick-up and customs processing to final delivery. With five branches located in Chennai, Delhi, Jaipur, Visakhapatnam, and Thane, the company serves a wide range of industries such as confectionery, chemicals, crockery, natural stones, textiles, electronics, and fitness equipment. As of March 31, 2025, Blue Water Logistics Ltd operates 25 commercial vehicles and has a team of 83 employees. Their services are available across multiple states in India including Telangana, Gujarat, Maharashtra, Rajasthan, Andhra Pradesh, Tamil Nadu, Delhi, Punjab, Karnataka, Uttar Pradesh, Madhya Pradesh, and Odisha, as well as internationally in Africa, Singapore, and the UAE.
Strengths
- Strong Client Relationships: Built long-term partnerships with established clients.
- Skilled Leadership Team: Promoters and directors possess extensive industry experience.
- Wide-Ranging Service Portfolio: Offers diversified services across various sectors.
Risk factors
- High Revenue Concentration in Ocean Freight: The business is significantly exposed to risks due to its dependence on ocean freight, making it vulnerable to disruptions in this segment.
- Risk of Customs Clearance Delays: Any delay in customs procedures can affect service delivery timelines and potentially harm customer relationships.
- Reliance on Third-Party Vendors: Operational challenges faced by external service providers or vendors could lead to interruptions in business operations.
Promoters
Mr. Laxmi Narayan Mishra
Mr. Lalit Panda
Ms. Madhusmita Mohanty
Ms. Supriya Mishra
Registrar & documents
Lead manager
Smart Horizon Capital Advisors Private Limited
Registrar & contacts
Maashitla Securities Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
H. No. 8-2-270/B/1/2, Block-3, 4th Floor Uptown Banjara, Road No. 3, Banjara Hills
+91 8341101774
[email protected]Company website ↗Understanding BLUEWATER IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.