Blue Water Logistics IPO vs Shlokka Dyes IPO

Comparison between Blue Water Logistics IPO and Shlokka Dyes IPO.

IPO Details

Blue Water Logistics IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Shlokka Dyes IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Blue Water Logistics IPO is up to ₹38.39 Cr whereas the issue size of the Shlokka Dyes IPO is up to ₹54.84 Cr. The final issue price of Blue Water Logistics IPO is ₹135.00 per share and of Shlokka Dyes IPO is ₹91.00 per share.

 Blue Water Logistics IPOShlokka Dyes IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹132.00 per share₹88.00 per share
Issue Price (Upper)₹135.00 per share₹91.00 per share
Issue Price (Final)₹135.00 per share₹91.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares1200 shares
Fresh Issue Size28,44,000 shares60,26,400 shares
Fresh Issue Size (Amount)up to ₹38.39 Crup to ₹54.84 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total28,44,000 shares60,26,400 shares
Issue Size Total (Amount)up to ₹38.39 Crup to ₹54.84 Cr

IPO Timetable

Blue Water Logistics IPO opens on May 27, 2025, while Shlokka Dyes IPO opens on Sep 30, 2025. The closing date of Blue Water Logistics IPO and Shlokka Dyes IPO is May 29, 2025, and Oct 14, 2025, respectively.

 Blue Water Logistics IPOShlokka Dyes IPO
Anchor Bid DateMay 26, 2025
Issue OpenMay 27, 2025Sep 30, 2025
Issue CloseMay 29, 2025Oct 14, 2025
Basis Of Allotment (Tentative)May 30, 2025Oct 15, 2025
Initiation of Refunds (Tentative)Jun 02, 2025Oct 16, 2025
Credit of Share (Tentative)Jun 02, 2025Oct 16, 2025
Listing date (Tentative)Jun 03, 2025Oct 17, 2025
Anchor Lockin End date 1Jun 29, 2025
Anchor Lockin End date 2Aug 29, 2025

Financials & KPIs

Blue Water Logistics IPO P/E ratio is 10.12, as compared to Shlokka Dyes IPO P/E ratio of 13.69.

 Blue Water Logistics IPOShlokka Dyes IPO
Financials

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

Company Financials (Restated Standalone)

Shlokka Dyes Ltd.'s revenue increased by 68% and profit after tax (PAT) rose by 104% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets91.5867.1938.77
Total Income103.4561.698.80
Profit After Tax10.014.920.60
EBITDA18.6812.811.61
NET Worth27.1917.578.59
Reserves and Surplus12.2017.638.69
Total Borrowing27.9228.7919.79
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.62100
Promoter Shareholding (Post-Issue)69.5571.33
P/E Ratio10.1213.69
Market Cap₹148.50 Cr.₹194.82 Cr.
ROE72.0236.82%
ROCE3036.14%
Debt/Equity1.821.02
EPS₹13.34₹6.65
RoNW52.9536.73%

Shares Offered

In the Blue Water Logistics IPO Retail Individual Investors (RII) are offered 10,10,000 shares while in Shlokka Dyes IPO retail investors are offered 10,10,000 shares. Qualified Institutional Buyers (QIB) are offered 5,59,000 shares in Blue Water Logistics IPO and 6,03,600 shares in Shlokka Dyes IPO.

 Blue Water Logistics IPOShlokka Dyes IPO
Anchor Investor Reservation8,35,000 shares0 shares
Market Maker Reservation1,56,000 shares3,24,000 shares
QIB5,59,000 shares6,03,600 shares
NII4,40,000 shares16,26,000 shares
RII10,10,000 shares37,96,800 shares
Employee0 shares0 shares
Others
Total28,44,000 shares60,26,400 shares

Bids Received (Subscription)

Blue Water Logistics IPO subscribed 9.36x in total, whereas Shlokka Dyes IPO subscribed 1.12x.

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Blue Water Logistics IPO Vs Shlokka Dyes IPO