Iware Supplychain Services Limited

Iware Supplychain Services Limited

SME NSE SME Fixed Price
Closed

Price Band

₹95

Total Issue

₹27.13 Cr

Bid Dates

28 Apr - 30 Apr

Subscription

1.08x

Est. GMP

₹2 (2.11%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Iware Supplychain Services Limited, established on 17.01.2018 in Ahmedabad, Gujarat, is a pan-India logistics company offering integrated solutions across warehousing (including 3PL and C&F), transportation, rake handling, business auxiliary services, and rental income. With branch offices in key states like Gujarat, West Bengal, Uttar Pradesh, Rajasthan, Punjab, Haryana, and Delhi, it has grown steadily over six years. Backed by promoters with 20+ years of experience and a fleet of 47 vehicles, the company delivers efficient end-to-end logistics solutions nationwide.

Lot Info

Lot Information for Iware Supplychain IPO
Category Lots Shares Amount
Individual (Min) 1 1,200 ₹1,14,000
Individual (Max) 1 1,200 ₹1,14,000
Others (Min) 2 2,400 ₹2,28,000
Market Maker
1,44,000 EQ Shares
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹27.13 Cr
Fresh Issue
₹27.13 Cr (0.29 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 ₹97
Est. Gain 2.11%

Iware Supplychain IPO Peer Comparison

(Rs. in crores)

Iware Supplychain IPO Peer Comparison Table
Particulars Iware Supplychain Pranik Logistics Shreeji Translogistics
Revenue from Ops (in Crs.) 58.71 66.84 250.50
PAT (In Crs.) 4.17 4.07 16.28
ROE 68.56% 35.56% 29.09%
EBITDA 18.52% 13.98% 7.51%
PAT Margin 7.10% 6.08% 6.50%
Price to earning (PE) 9.31 12.73 16.74
Debt to Equity 3.10 1.56 0.49
  • All the information pertains to FY 2023-24
  • The PE ratio of Co. and peers is taken as per RHP

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Iware Supplychain IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 85.82 58.71 43.55
Profit after Tax 8.02 4.17 0.42
Net Worth 16.19 8.17 4.00
Total Borrowing 29.74 25.34 27.33
Total Assets 56.93 46.81 39.47
NAV per share (in ₹) 20.59 10.39 5.09
EPS - Basic (in ₹) 10.20 5.30 0.54

KPIs

EBITDA

19.81%

PAT

9.34%

ROE

58.52%

ROCE

30.34%

Debt to Equity

1.84

PE Ratio

9.31

PB Ratio

9.14

Mkt Cap (in Crs.)

101.80

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

Shareholding

Promoter

0.06%

Public

99.94%

Inter India Roadways Private Limited 99.94%

Management

Krishnakumar Tanwar MD
Twinkle Tanwar CEO
Gagan Verma CFO

Registrar & Lead Managers

Lead Managers (1)

Subscription Status

Updated as on 30-Apr-2025 10:28:00 hrs

Category Sub (x) Offered Bids
Retail 1.37x 13,56,000 18,52,800
Others 0.68x 13,56,000 9,25,200
Total 1.02x 27,12,000 27,78,000

Frequently Asked Questions

What is Iware Supplychain IPO?
Iware Supplychain IPO is a SME IPO having an issue size of ₹27.13 Crs. Iware Supplychain IPO is priced at ₹95 - ₹95 per share. The issue opens on 28 Apr 25 and closes on 30 Apr 25.
When will Iware Supplychain IPO open?
Iware Supplychain IPO opens on 28 Apr 25 and closes on 30 Apr 25.
What is the GMP of Iware Supplychain IPO?
The estimated Grey Market Premium of Iware Supplychain IPO is ₹2 per share (2.11%).
What is the lot size of Iware Supplychain IPO?
The minimum lot size of Iware Supplychain IPO is 1200 shares & the minimum application amount is Rs. 114000.
When is the allotment of Iware Supplychain IPO?
The allotment date of Iware Supplychain IPO is 02 May 25.
What is the listing date of Iware Supplychain IPO?
The listing date of Iware Supplychain IPO is 06 May 25.
What is the subscription of Iware Supplychain IPO?
Iware Supplychain IPO is subscribed 1.08 times.
What is the price band of Iware Supplychain IPO?
Iware Supplychain IPO is priced at ₹95 - ₹95 per share.
How to check allotment status of Iware Supplychain IPO?
Click the allotment link on Iware Supplychain IPO page of IPO360.
How to apply Iware Supplychain 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 Iware Supplychain 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 Iware Supplychain IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Iware Supplychain 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