Comparison between Blue Water Logistics IPO and Oval Projects Engineering IPO.
Blue Water Logistics IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Oval Projects Engineering IPO is a SME Bookbuilding proposed to list at BSE SME.
| Blue Water Logistics IPO | Oval Projects Engineering IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Smart Horizon Capital Advisors Pvt.Ltd. | SMC Capitals Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | MAS Services Ltd. |
| Market Maker | Shreni Shares Ltd. | SMC Global Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Blue Water Logistics IPO is up to ₹38.39 Cr whereas the issue size of the Oval Projects Engineering IPO is up to ₹44.16 Cr. The final issue price of Blue Water Logistics IPO is ₹135.00 per share and of Oval Projects Engineering IPO is ₹85.00 per share.
| Blue Water Logistics IPO | Oval Projects Engineering IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹132.00 per share | ₹80.00 per share |
| Issue Price (Upper) | ₹135.00 per share | ₹85.00 per share |
| Issue Price (Final) | ₹135.00 per share | ₹85.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 1600 shares |
| Fresh Issue Size | 28,44,000 shares | 51,95,200 shares |
| Fresh Issue Size (Amount) | up to ₹38.39 Cr | up to ₹44.16 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 28,44,000 shares | 51,95,200 shares |
| Issue Size Total (Amount) | up to ₹38.39 Cr | up to ₹44.16 Cr |
Blue Water Logistics IPO opens on May 27, 2025, while Oval Projects Engineering IPO opens on Aug 28, 2025. The closing date of Blue Water Logistics IPO and Oval Projects Engineering IPO is May 29, 2025, and Sep 01, 2025, respectively.
| Blue Water Logistics IPO | Oval Projects Engineering IPO | |
|---|---|---|
| Anchor Bid Date | May 26, 2025 | Aug 26, 2025 |
| Issue Open | May 27, 2025 | Aug 28, 2025 |
| Issue Close | May 29, 2025 | Sep 01, 2025 |
| Basis Of Allotment (Tentative) | May 30, 2025 | Sep 02, 2025 |
| Initiation of Refunds (Tentative) | Jun 02, 2025 | Sep 03, 2025 |
| Credit of Share (Tentative) | Jun 02, 2025 | Sep 03, 2025 |
| Listing date (Tentative) | Jun 03, 2025 | Sep 04, 2025 |
| Anchor Lockin End date 1 | Jun 29, 2025 | Oct 03, 2025 |
| Anchor Lockin End date 2 | Aug 29, 2025 | Dec 01, 2025 |
Blue Water Logistics IPO P/E ratio is 10.12, as compared to Oval Projects Engineering IPO P/E ratio of 13.91.
| Blue Water Logistics IPO | Oval Projects Engineering 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.
| Company Financials (Restated Consolidated)Oval Projects Engineering Ltd.'s revenue increased by 31% and profit after tax (PAT) rose by 112% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 95.62 | 72.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.55 | 53.07 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.12 | 13.91 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹148.50 Cr. | ₹176.54 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 72.02 | 20.85% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 30 | 21.32% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.82 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.34 | ₹6.11 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 52.95 | 20.85% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Blue Water Logistics IPO Retail Individual Investors (RII) are offered 10,10,000 shares while in Oval Projects Engineering 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 6,24,000 shares in Oval Projects Engineering IPO.
| Blue Water Logistics IPO | Oval Projects Engineering IPO | |
|---|---|---|
| Anchor Investor Reservation | 8,35,000 shares | 9,36,000 shares |
| Market Maker Reservation | 1,56,000 shares | 3,04,000 shares |
| QIB | 5,59,000 shares | 6,24,000 shares |
| NII | 4,40,000 shares | 14,40,000 shares |
| RII | 10,10,000 shares | 21,95,200 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 28,44,000 shares | 51,95,200 shares |
Blue Water Logistics IPO subscribed 9.36x in total, whereas Oval Projects Engineering IPO subscribed 1.61x.
| Blue Water Logistics IPO | Oval Projects Engineering IPO | |
|---|---|---|
| QIB (times) | 14.04x | 6.21x |
| NII (times) | 9.87x | 0.82x |
| Big NII (times) | 1.46x | |
| Small NII (times) | 0.48x | |
| RII (times) | 6.55x | 0.83x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 9.36x | 1.61x |
