Ashwini Container Movers IPO vs Blue Water Logistics IPO

Comparison between Ashwini Container Movers IPO and Blue Water Logistics IPO.

IPO Details

Ashwini Container Movers IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Blue Water Logistics IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Ashwini Container Movers IPO is up to ₹67.45 Cr whereas the issue size of the Blue Water Logistics IPO is up to ₹38.39 Cr. The final issue price of Ashwini Container Movers IPO is ₹142.00 per share and of Blue Water Logistics IPO is ₹135.00 per share.

 Ashwini Container Movers IPOBlue Water Logistics IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹135.00 per share₹132.00 per share
Issue Price (Upper)₹142.00 per share₹135.00 per share
Issue Price (Final)₹142.00 per share₹135.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares1000 shares
Fresh Issue Size47,50,000 shares28,44,000 shares
Fresh Issue Size (Amount)up to ₹67.45 Crup to ₹38.39 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total47,50,000 shares28,44,000 shares
Issue Size Total (Amount)up to ₹67.45 Crup to ₹38.39 Cr

IPO Timetable

Ashwini Container Movers IPO opens on Dec 12, 2025, while Blue Water Logistics IPO opens on May 27, 2025. The closing date of Ashwini Container Movers IPO and Blue Water Logistics IPO is Dec 16, 2025, and May 29, 2025, respectively.

 Ashwini Container Movers IPOBlue Water Logistics IPO
Anchor Bid DateDec 11, 2025May 26, 2025
Issue OpenDec 12, 2025May 27, 2025
Issue CloseDec 16, 2025May 29, 2025
Basis Of Allotment (Tentative)Dec 17, 2025May 30, 2025
Initiation of Refunds (Tentative)Dec 18, 2025Jun 02, 2025
Credit of Share (Tentative)Dec 18, 2025Jun 02, 2025
Listing date (Tentative)Dec 19, 2025Jun 03, 2025
Anchor Lockin End date 1Jan 15, 2026Jun 29, 2025
Anchor Lockin End date 2Mar 16, 2026Aug 29, 2025

Financials & KPIs

Ashwini Container Movers IPO P/E ratio is 12.4, as compared to Blue Water Logistics IPO P/E ratio of 10.12.

 Ashwini Container Movers IPOBlue Water Logistics IPO
Financials

Company Financials (Restated)

Ashwini Container Movers Ltd.'s revenue increased by 21% and profit after tax (PAT) rose by 731% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets121.21101.4678.3166.11
Total Income55.8696.0679.2777.16
Profit After Tax9.9111.451.382.10
EBITDA19.0124.8913.6412.17
NET Worth29.8020.429.398.01
Reserves and Surplus20.4010.849.147.76
Total Borrowing74.9062.5758.7047.38
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Blue Water Logistics Ltd.'s revenue increased by 41% and profit after tax (PAT) rose by 80% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 202331 Mar 2022
Assets76.3442.1229.2838.80
Total Income196.29138.7498.0784.72
Profit After Tax10.675.941.541.04
EBITDA18.7510.503.832.35
NET Worth20.159.483.54
Reserves and Surplus12.157.481.54
Total Borrowing36.7317.2218.81
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10095.62
Promoter Shareholding (Post-Issue)66.4769.55
P/E Ratio12.410.12
Market Cap₹213.00 Cr.₹148.50 Cr.
ROE76.82%72.02
ROCE25.39%30
Debt/Equity1.82
EPS₹11.45₹13.34
RoNW76.82%52.95

Shares Offered

In the Ashwini Container Movers IPO Retail Individual Investors (RII) are offered 16,66,000 shares while in Blue Water Logistics IPO retail investors are offered 16,66,000 shares. Qualified Institutional Buyers (QIB) are offered 9,48,000 shares in Ashwini Container Movers IPO and 5,59,000 shares in Blue Water Logistics IPO.

 Ashwini Container Movers IPOBlue Water Logistics IPO
Anchor Investor Reservation14,16,000 shares8,35,000 shares
Market Maker Reservation2,50,000 shares1,56,000 shares
QIB9,48,000 shares5,59,000 shares
NII7,20,000 shares4,40,000 shares
RII16,66,000 shares10,10,000 shares
Employee0 shares0 shares
Others
Total47,50,000 shares28,44,000 shares

Bids Received (Subscription)

Ashwini Container Movers IPO subscribed 1.70x in total, whereas Blue Water Logistics IPO subscribed 9.36x.

Compare with others

Compare:

Ashwini Container Movers IPO Vs Blue Water Logistics IPO