Blue Water Logistics Limited IPO

Blue Water Logistics Limited IPO

SME NSE SME 100% Book Built Offer
Closed

Price Band

₹132 - ₹135

Total Issue

₹40.50 Cr

Bid Dates

27 May - 29 May

Subscription

9.44x

Est. GMP

₹2 (1.48%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Blue Water Logistics Limited is a Hyderabad-based logistics and supply chain solutions provider, offering services such as freight forwarding, customs clearance, and transportation handling. As a registered Multimodal Transport Operator under the Multimodal Transportation of Goods Act, 1993, the company operates through five branches in Chennai, Delhi, Jaipur, Visakhapatnam, and Thane. Leveraging a strong partner and vendor network, it delivers domestic and international logistics solutions via air, sea, and surface transport.

Lot Info

Lot Information for Blue Water Logistics IPO
Category Lots Shares Amount
Individual (Min) 1 1,000 ₹1,35,000
Individual (Max) 1 1,000 ₹1,35,000
S-HNI (Min) 2 2,000 ₹2,70,000
S-HNI (Max) 7 7,000 ₹9,45,000
B-HNI (Min) 8 8,000 ₹10,80,000
Market Maker
1,56,000 EQ Shares
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹40.50 Cr
Fresh Issue
₹40.50 Cr (0.30 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹2
Est. Price ₹137
Est. Gain 1.48%

Blue Water Logistics IPO Peer Comparison

(Rs. in crores)

Blue Water Logistics IPO Peer Comparison Table
Particulars Blue Water Logistic Shreeji Translogistics Shree Vasu Logistics
Revenue from Ops (in Crs.) 138.67 250.50 123.06
PAT (In Crs.) 5.94 16.28 3.12
EPS - Basic 7.43 2.33 2.72
NAV per share 11.85 8.01 27.87
RONW 62.66% 29.09% 9.77%
EBITDA 7.57% 12.27% 27.66%
PAT Margin 4.28% 6.50% 2.54%
Price to earning (PE) 18.17 5.70 220.33
Debt to Equity 1.82 0.52 1.42
  • All the information pertains to FY 2023-24
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of May 16, 2025 for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Blue Water Logistics IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 196.18 138.67 97.98
Profit after Tax 10.67 5.94 2.58
Net Worth 20.15 9.48 3.54
Total Borrowing 36.73 17.22 18.81
Total Assets 76.34 42.12 29.28
NAV per share (in ₹) 25.19 11.85 4.43
EPS - Basic (in ₹) 13.34 7.43 1.93

KPIs

EBITDA

9.56%

PAT

5.44%

ROE

72.02%

RONW

52.95%

Debt to Equity

1.82

PE Ratio

18.17

PB Ratio

11.39

Mkt Cap (in Crs.)

148.50

  • All Ratios are based on Mar 25
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.

Shareholding

Promoter

0.01%

Public

99.99%

Ms. Madhusmita Mohanty 47.81%
Ms. Supriya Mishra 47.81%

Management

Mr. Laxmi Narayan Mishra Chairman
Mr. Lalit Panda MD
Mr. Mohammed Jaffar CFO

Registrar & Lead Managers

Registrar

Maashitla Securities

Maashitla Securities

Lead Managers (1)

Smart Horizon Capital Smart Horizon Capital

Subscription Status

Updated as on 29-May-2025 19:00:39 hrs

Category Sub (x) Offered Bids
QIB 14.04x 5,59,000 78,49,000
NII 9.87x 4,40,000 43,42,000
Retail 6.55x 10,10,000 66,17,000
Total 9.36x 20,09,000 1,88,08,000

Frequently Asked Questions

What is Blue Water Logistics IPO?
Blue Water Logistics IPO is a SME IPO having an issue size of ₹40.50 Crs. Blue Water Logistics IPO is priced at ₹132 - ₹135 per share. The issue opens on 27 May 25 and closes on 29 May 25.
When will Blue Water Logistics IPO open?
Blue Water Logistics IPO opens on 27 May 25 and closes on 29 May 25.
What is the GMP of Blue Water Logistics IPO?
The estimated Grey Market Premium of Blue Water Logistics IPO is ₹2 per share (1.48%).
What is the lot size of Blue Water Logistics IPO?
The minimum lot size of Blue Water Logistics IPO is 1000 shares & the minimum application amount is Rs. 135000.
When is the allotment of Blue Water Logistics IPO?
The allotment date of Blue Water Logistics IPO is 30 May 25.
What is the listing date of Blue Water Logistics IPO?
The listing date of Blue Water Logistics IPO is 03 Jun 25.
What is the subscription of Blue Water Logistics IPO?
Blue Water Logistics IPO is subscribed 9.44 times.
What is the price band of Blue Water Logistics IPO?
Blue Water Logistics IPO is priced at ₹132 - ₹135 per share.
How to check allotment status of Blue Water Logistics IPO?
Click the allotment link on Blue Water Logistics IPO page of IPO360.
How to apply Blue Water Logistics IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Blue Water Logistics IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Blue Water Logistics IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Blue Water Logistics IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date