Iware Supplychain Services Limited
Fixed Price IPO · NSE
- Price band
- ₹95 - ₹95
- Lot size
- 1,200 shares
- Issue amount
- ₹27.13 cr
- Total subscription
- 2.96×
- Opens
- 28 Apr 2025
- Closes
- 30 Apr 2025
- Allotment
- 2 May 2025
- Listing
- 6 May 2025
Offer at a glance
Issue overview
- Issue size
- 28,56,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,14,000
- Fresh issue
- ₹27.13 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,14,000
- Issue type
- Fixed Price IPO
- Shares before issue
- 78,60,000
- Shares after issue
- 1,07,16,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,200 | ₹1,14,000 |
| HNI | 2 | 2,400 | ₹2,28,000 |
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 | — | 0 |
| NIB | — | 404 |
| RETAIL | — | 3,708 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 12.88 | 42.27 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 10.2 | 5.3 | 0.54 |
| ROE | 58.52 | 68.56 | 11.17 |
| ROCE | 30.34 | 24.44 | 11.43 |
| RONW | 49.54 | 51.05 | 10.58 |
| PRE IPO(PE) | 9.31 | 0 | 0 |
| POST IPO(PE) | 12.69 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
iWare Supply Chain Services Limited, incorporated in 2018, is a pan-India integrated logistics company offering end-to-end supply chain management solutions across major Indian states, servicing sectors such as FMCG, pharma, retail, and e-commerce. The company provides warehousing through 3PL and CFA models, transportation, rake handling, business auxiliary services, and rental services. Its fleet has grown from 15 vehicles in FY2022 to 47 by January 2025, and the company also handles over 100 BCN rakes annually, moving about 2.2 lakh MT of goods. Along with flexible FTL, HTL, and container transport options, iWare also leverages a large network of 500 own trucks and access to 10,000+ partner trucks.
Strengths
- Pan-India Reach: Wide network across key states enables seamless service delivery.
- End-to-End Logistics: Full-stack supply chain solutions from warehousing to transportation.
- Multimodal Transport: Integrated road and rail (BCN rake) operations ensure efficient, flexible, cost-effective movement of goods.
Risk factors
- Customer Concentration: Heavy dependence on a limited set of customers & specific industries increases revenue risk.
- Third-Party & Cost Exposure: Reliance on third-party vehicle sourcing and fuel price volatility may impact margins.
- Seasonal Business: Seasonal demand patterns can lead to fluctuations in revenue and profitability.
Promoters
Krishnakumar Jagdishprasad Tanwar
Rajnish Gautam
India Roadways Private Limited
Registrar & documents
Lead manager
GetFive Advisors Private Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
7 th Floor 707 Iscon Elegance, Nr. Jain Temple Prahladnagar Cross Road, S.G. Highway
+91 9512470099
[email protected]Company website ↗Understanding IWARE 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.