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The ₹27.13 crore IPO of Iware Supplychain Services will open for subscription on April 28, 2025, and close on April 30, 2025. The company is offering 28.
56 lakh shares through a fresh equity issue. Below are the key details of the IPO.Iware Supplychain Services IPO: Price band and lot sizeThe price band for the IPO is fixed at Rs 95 per share, with a face value of ₹10 per share.
Investors can apply for a minimum of 1,200 shares, which equals one lot. The IPO has reserved 50% of the issue size for retail investors and 50% for non-institutional investors.Check GMP of Iware Supplychain ServicesThe grey market premium (GMP) for the Iware Supplychain Services IPO is not available yet as of the opening date and one has to wait and see if the issue will attract attention.
Use of IPO proceedsThe company intends to use the proceeds from the IPO for capital expenditure on new industrial sheds, funding working capital requirements, and for general corporate purposes.Company OverviewIware Supplychain Services is an integrated logistics company that provides a broad range of services, including warehousing, transportation, rake handling, business auxiliary services, and rental income.With a presence in multiple states such as Gujarat, West Bengal, and Delhi, Iware offers comprehensive supply chain management solutions.
The company operates a fleet of over 500 company-owned trucks and works with Indian Railways' BCN rake services for cost-efficient goods transportation.For the period ending March 2025, Iware posted a revenue of Rs 86.11 crore and a profit after tax (PAT) of Rs 8.
02 crore..
