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Blue Water Logistics IPO vs Super Iron Foundry IPO

Comparison between Blue Water Logistics IPO and Super Iron Foundry IPO.

IPO Details

Blue Water Logistics IPO is a SME Fixed Price IPO proposed to list at NSE SME while Super Iron Foundry IPO is a SME Fixed Price proposed to list at BSE SME.

 Blue Water Logistics IPOSuper Iron Foundry IPO
LogoBlue Water Logistics IPO LogoSuper Iron Foundry IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersSmart Horizon Capital Advisors Pvt.Ltd.Horizon Management Pvt.Ltd.
RegistrarMaashitla Securities Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerShreni Shares Ltd.Giriraj Stock Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

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 Super Iron Foundry IPO is up to ₹64.64 Cr. The final issue price of Blue Water Logistics IPO is ₹135.00 per share and of Super Iron Foundry IPO is ₹108.00 per share.

 Blue Water Logistics IPOSuper Iron Foundry IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹132.00 per share
Issue Price (Upper)₹135.00 per share
Issue Price (Final)₹135.00 per share₹108.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares1200 shares
Fresh Issue Size28,44,000 shares59,85,600 shares
Fresh Issue Size (Amount)up to ₹38.39 Crup to ₹64.64 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total28,44,000 shares59,85,600 shares
Issue Size Total (Amount)up to ₹38.39 Crup to ₹64.64 Cr

IPO Timetable

Blue Water Logistics IPO opens on May 27, 2025, while Super Iron Foundry IPO opens on Mar 11, 2025. The closing date of Blue Water Logistics IPO and Super Iron Foundry IPO is May 29, 2025, and Mar 13, 2025, respectively.

 Blue Water Logistics IPOSuper Iron Foundry IPO
Anchor Bid DateMay 26, 2025
Issue OpenMay 27, 2025Mar 11, 2025
Issue CloseMay 29, 2025Mar 13, 2025
Basis Of Allotment (Tentative)May 30, 2025Mar 17, 2025
Initiation of Refunds (Tentative)Jun 02, 2025Mar 18, 2025
Credit of Share (Tentative)Jun 02, 2025Mar 18, 2025
Listing date (Tentative)Jun 03, 2025Mar 19, 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 Super Iron Foundry IPO P/E ratio of 46.84.

 Blue Water Logistics IPOSuper Iron Foundry IPO
Financials

Blue Water Logistics Limited Financial Information (Restated Consolidated)

Blue Water Logistics Limited'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

Super Iron Foundry Limited Financial Information (Restated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets226.62232.32209.2197.75
Total Income94.91156.87126.23132.31
Profit After Tax9.533.941.280.88
Net Worth70.5956.5652.6251.33
Reserves and Surplus53.540.0636.1234.83
Total Borrowing110.96118.63120.44125.72
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.6296.53
Promoter Shareholding (Post-Issue)69.5570.53
P/E Ratio10.1246.84
Market Cap₹148.50 Cr.₹252.65 Cr.
ROE72.02%7.53%
ROCE0.307.22%
Debt/Equity1.826.26
EPS₹13.34₹2.31
RoNW52.95%6.97%

Shares Offered

In the Blue Water Logistics IPO Retail Individual Investors (RII) are offered 10,10,000 shares while in Super Iron Foundry 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 0 shares in Super Iron Foundry IPO.

 Blue Water Logistics IPOSuper Iron Foundry IPO
Anchor Investor Reserveration8,35,000 shares0 shares
Market Maker Reserveration1,56,000 shares3,15,600 shares
QIB5,59,000 shares0 shares
NII4,40,000 shares29,92,800 shares
RII10,10,000 shares29,92,800 shares
Employee0 shares0 shares
Others
Total28,44,000 shares59,85,600 shares

Bids Received (Subscription)

Blue Water Logistics IPO subscribed 9.36x in total, whereas Super Iron Foundry IPO subscribed 1.56x.

 Blue Water Logistics IPOSuper Iron Foundry IPO
QIB (times)14.04x
NII (times)9.87x1.34x
Big NII (times)
Small NII (times)
RII (times)6.55x1.79x
Employee (times)
Other (times)
Total (times)9.36x1.56x