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Blue Water Logistics IPO is a book build issue of ₹40.50 crores. The issue is entirely a fresh issue of 0.30 crore shares of ₹40.50 crore.
Blue Water Logistics IPO bidding started from May 27, 2025 and ended on May 29, 2025. The allotment for Blue Water Logistics IPO was finalized on May 30, 2025. The shares got listed on NSE SME on Jun 3, 2025.
Blue Water Logistics IPO price band is set at ₹135.00 per share . The lot size for an application is 1,000. The minimum amount of investment required by an retail is ₹1,35,000 (1000 shares) (based on upper price). The minimum lot size investment for HNI is 2 lots (2,000 shares), amounting to ₹2,70,000.
Smart Horizon Capital Advisors Pvt.Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The market maker of the company is Shreni Shares Ltd..
Refer to Blue Water Logistics IPO RHP for detailed Information.
| IPO Date | May 27, 2025 to May 29, 2025 |
| Listing Date | June 3, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹132 to ₹135 per share |
| Issue Price Final | ₹135 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 30,00,000 shares (aggregating up to ₹40.50 Cr) |
| Reserved for Market Maker | 1,56,000 shares Shreni Shares Ltd. (aggregating up to ₹2.11 Cr) |
| Net Offered to Public | 28,44,000 shares (aggregating up to ₹38.39 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 80,00,000 shares |
| Share Holding Post Issue | 1,10,00,000 shares |
Blue Water Logistics IPO offers total 30,00,000 shares. Out of which 13,94,000 (46.47%) allocated to QIB, 5,59,000 (18.63%) allocated to QIB (Ex- Anchor), 4,40,000 (14.67%) allocated to NII, 10,10,000 (33.67%) allocated to RII and 8,35,000 (27.83%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,56,000 (5.20%) |
| QIB Shares Offered | 13,94,000 (46.47%) |
| − Anchor Investor Shares Offered | 8,35,000 (27.83%) |
| − QIB (Ex. Anchor) Shares Offered | 5,59,000 (18.63%) |
| NII (HNI) Shares Offered | 4,40,000 (14.67%) |
| Retail Shares Offered | 10,10,000 (33.67%) |
| Total Shares Offered | 30,00,000 (100.00%) |
Blue Water Logistics IPO raises ₹11.27 crore from anchor investors. Blue Water Logistics IPO Anchor bid date is May 26, 2025. Blue Water Logistics IPO Anchor Investors list
| Bid Date | May 26, 2025 |
| Shares Offered | 8,35,000 |
| Anchor Portion Size (In Cr.) | 11.27 |
| Anchor lock-in period end date for 50% shares (30 Days) | June 29, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | August 29, 2025 |
Blue Water Logistics IPO opens on May 27, 2025, and closes on May 29, 2025.
| IPO Open Date | Tue, May 27, 2025 |
| IPO Close Date | Thu, May 29, 2025 |
| Tentative Allotment | Fri, May 30, 2025 |
| Initiation of Refunds | Mon, Jun 2, 2025 |
| Credit of Shares to Demat | Mon, Jun 2, 2025 |
| Tentative Listing Date | Tue, Jun 3, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, May 29, 2025 |
Investors can bid for a minimum of 1,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹1,35,000 |
| Retail (Max) | 1 | 1,000 | ₹1,35,000 |
| HNI (Min) | 2 | 2,000 | ₹2,70,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in April 2010, Blue Water Logistics Ltd provides logistics and supply chain solutions. The company's primary services include freight forwarding, custom clearance and transportation handling services.
The company provides comprehensive project logistics, supply chain management (SCM), and warehousing across air, sea, and land transport, focusing on tailored solutions for client needs, including cargo pick-up, customs clearance, and delivery, offering a complete suite of logistics services.
The company has five branches in Chennai, Delhi, Jaipur, Visakhapatnam, and Thane.
The company serves customers in confectionery, chemicals, crockery, natural stones, textiles, electronics, and fitness equipment.
As of March 31, 2025, the company has 25 commercial vehicles for various transportation needs.
The company provides services in Telangana, Gujarat, Maharashtra, Rajasthan, Andhra Pradesh, Tamil Nadu, Delhi, Punjab, Karnataka, Uttar Pradesh, Madhya Pradesh, Odisha, and abroad in Africa, Singapore, and the UAE.
As of March 31, 2025, the Company has 83 employees in various departments.
Competitive Strength
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 Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 76.34 | 42.12 | 29.28 | 38.80 |
| Total Income | 196.29 | 138.74 | 98.07 | 84.72 |
| Profit After Tax | 10.67 | 5.94 | 1.54 | 1.04 |
| EBITDA | 18.75 | 10.50 | 3.83 | 2.35 |
| Net Worth | 20.15 | 9.48 | 3.54 | |
| Reserves and Surplus | 12.15 | 7.48 | 1.54 | |
| Total Borrowing | 36.73 | 17.22 | 18.81 | |
| Amount in ₹ Crore | ||||
The market capitalization of Blue Water Logistics IPO is ₹148.50 Cr.
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | 72.02% |
| ROCE | 0.30 |
| Debt/Equity | 1.82 |
| RoNW | 52.95% |
| PAT Margin | 5.44% |
| EBITDA Margin | 9.56% |
| Price to Book Value | 11.39 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 13.34 | 9.70 |
| P/E (x) | 10.12 | 13.92 |
The Company Blue Water Logistics IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Funding of capital expenditure requirements by purchase of Vehicles and its body building | 10.52 |
| 2 | Funding working capital requirements of the Company | 20.00 |
| 3 | General corporate purposes |
[Dilip Davda] BWLL is engaged in providing logistics and supply chain solutions. It is operating in a highly competitive and fragmented segment. The company posted growth in its top and bottom lines for the reported periods. The sudden boost in its bottom lines from FY24 onwards attributed to its aggressive expansion plans for providing all related services under one-roof. It is well placed to take on the rising competition. Well-informed investors may park funds for long term. Read detail review...
| Listing Date | June 3, 2025 |
| BSE Script Code | |
| NSE Symbol | BLUEWATER |
| ISIN | INE0X3M01010 |
| Final Issue Price | ₹135 per share |
| NSE Listing Group | SM (Rolling) |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹135.00 |
| Open | ₹141.00 |
| Low | ₹135.20 |
| High | ₹148.05 |
| Last Trade | ₹148.05 |
Blue Water Logistics Ltd.
H. No. 8-2-270/B/1/2, Block-3, 4th Floor
Uptown Banjara, Road No. 3,
Banjara Hills
Hyderabad, Telangana, 500034
Phone: +91 8341101774
Email: investors@bwl.co.in
Website: https://bwl.co.in/
Maashitla Securities Pvt.Ltd.
Phone: +91-11-45121795-96
Email: investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Blue Water Logistics IPO is a SME IPO of 30,00,000 equity shares of the face value of ₹10 aggregating up to ₹40.50 Crores. The issue is priced at ₹135 per share. The minimum order quantity is 1000.
The IPO opens on May 27, 2025, and closes on May 29, 2025.
Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Blue Water Logistics IPO using UPI as a payment gateway. Zerodha customers can apply in Blue Water Logistics IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Blue Water Logistics IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Blue Water Logistics IPO opens on May 27, 2025 and closes on May 29, 2025.
Blue Water Logistics IPO lot size is 1000, and the minimum amount required for application is ₹1,35,000.
You can apply in Blue Water Logistics IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Blue Water Logistics IPO will be done on Friday, May 30, 2025, and the allotted shares will be credited to your demat account by Monday, June 2, 2025. Check the Blue Water Logistics IPO allotment status.
The Blue Water Logistics IPO listing date is on Tuesday, June 3, 2025.
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