Latest news with #BlueWaterLogistics'
Business Standard
6 days ago
- Business
- Business Standard
NSE SME Blue Water Logistics lists with a gentle ripple
Shares of Blue Water Logistics were trading at Rs 138.85 on the NSE, a premium of 2.85% compared with the issue price of Rs 135. The scrip was listed at Rs 141, a premium of 4.44% compared with the initial public offer (IPO) price. The stock was currently down 1.52% over its listing price. The counter hit a high of Rs 146 and a low of Rs 135.20. About 8.68 lakh shares of the company changed hands at the counter. Blue Water Logistics' IPO was subscribed 8.75 times. The issue opened for bidding on 27 May 2025 and it closed on 29 May 2025. The price band of the IPO was set at Rs 132 to Rs 135 per share. The IPO comprised fresh issue of 30,00,000 equity shares. The promoter and promoter group shareholding diluted to 69.55% from 95.62% pre-issue. The company intends to utilize the net proceeds to fund capital expenditure requirements by purchasing vehicles and body building, to meet working capital requirements and general corporate purposes. Ahead of the Blue Water Logistics on 26 May 2025, raised Rs 11.27 crore from anchor investors. The board has allotted 8.35 lakh shares at Rs 135 per share to 6 anchor investors. Blue Water Logistics specializes in comprehensive logistics and supply chain solutions. The companys core services include freight forwarding, custom clearance, and transportation handling. With five branch offices located in Chennai, Delhi, Jaipur, Visakhapatnam, and Thane, along with a wide network of partners and vendors, the company serves clients across India and internationally. It provides end-to-end logistics through air, sea, and surface transport. As of 31 March 2025, the company had 83 employees. The company recorded revenue from operations of Rs 196.18 crore and net profit of Rs 10.67 crore for the period ended 31 March 2025.
Economic Times
30-05-2025
- Business
- Economic Times
Blue Water Logistics IPO allotment: Here's how you can check status
How to check Blue Water Logistics IPO allotment via Maashitla Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel The allotment for Blue Water Logistics' Rs 40.5 crore SME IPO will be finalised today. The IPO, which was open for bidding from May 27 to May 29, received healthy demand with an overall subscription of 9.36 investors subscribed 6.55 times their quota, while the non-institutional investor (NII) portion was subscribed 9.87 times. The QIB segment saw robust participation as well, with a 14.04 times the strong subscription, the grey market premium (GMP) remains at zero, suggesting that the stock is likely to list at par with its issue price of Rs 135 per share. This reflects cautious optimism ahead of the listing. Shares are expected to be credited to demat accounts by June 2, and the listing is scheduled for June 3 on the NSE SME Select 'Blue Water Logistics' from the dropdownEnter your PAN, application number, or DP/Client IDClick 'Submit' to view your allotment statusBlue Water Logistics is engaged in freight forwarding, customs clearance, warehousing, and transportation services. The company operates through a network of five key branches in Chennai, Delhi, Jaipur, Visakhapatnam, and Thane, offering integrated supply chain solutions to its IPO was entirely a fresh issue of 30 lakh shares priced in a band of Rs 132–135. The proceeds from the issue will be used to fund capital expenditure, including the purchase of commercial vehicles, meet working capital needs, and for general corporate the company's revenue increased from Rs 98 crore in FY23 to Rs 196 crore in FY25, while net profit jumped from Rs 1.54 crore to Rs 10.67 crore in the same period, indicating a strong earnings momentum going into its market debut.(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of Economic Times)
Time of India
30-05-2025
- Business
- Time of India
Blue Water Logistics IPO allotment: Here's how you can check status
Blue Water Logistics' Rs 40.5 crore SME IPO saw a robust subscription of 9.36 times, with strong interest from retail, NII, and QIB investors. Despite this, the GMP is zero, suggesting a listing at par with the issue price of Rs 135. Tired of too many ads? Remove Ads How to check Blue Water Logistics IPO allotment via Maashitla Tired of too many ads? Remove Ads The allotment for Blue Water Logistics' Rs 40.5 crore SME IPO will be finalised today. The IPO, which was open for bidding from May 27 to May 29, received healthy demand with an overall subscription of 9.36 investors subscribed 6.55 times their quota, while the non-institutional investor (NII) portion was subscribed 9.87 times. The QIB segment saw robust participation as well, with a 14.04 times the strong subscription, the grey market premium (GMP) remains at zero, suggesting that the stock is likely to list at par with its issue price of Rs 135 per share. This reflects cautious optimism ahead of the listing. Shares are expected to be credited to demat accounts by June 2, and the listing is scheduled for June 3 on the NSE SME Select 'Blue Water Logistics' from the dropdownEnter your PAN, application number, or DP/Client IDClick 'Submit' to view your allotment statusBlue Water Logistics is engaged in freight forwarding, customs clearance, warehousing, and transportation services. The company operates through a network of five key branches in Chennai, Delhi, Jaipur, Visakhapatnam, and Thane, offering integrated supply chain solutions to its IPO was entirely a fresh issue of 30 lakh shares priced in a band of Rs 132–135. The proceeds from the issue will be used to fund capital expenditure, including the purchase of commercial vehicles, meet working capital needs, and for general corporate the company's revenue increased from Rs 98 crore in FY23 to Rs 196 crore in FY25, while net profit jumped from Rs 1.54 crore to Rs 10.67 crore in the same period, indicating a strong earnings momentum going into its market debut.(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of Economic Times)
Economic Times
29-05-2025
- Business
- Economic Times
Blue Water Logistics IPO subscribed over 9 times on Day 3: Check GMP, price band and other details
Tired of too many ads? Remove Ads GMP signals muted debut IPO structure and details Tired of too many ads? Remove Ads Company profile and operations Financial snapshot Key intermediaries Blue Water Logistics' initial public offering was fully subscribed on the final day of bidding, with overall subscription reaching 9.36 times as of 6:20 PM on Thursday, May institutional buyers (QIBs) led the demand, subscribing to 14.04 times their allocated quota. Non-institutional investors (NIIs) followed with 9.87 times, while retail investors subscribed 6.55 times of their portion. The Rs 40.50 crore issue closes on May 29, with listing expected on the NSE SME platform on June the grey market, shares of Blue Water Logistics were not commanding any premium as of the latest update, with the GMP quoted at zero. With the IPO's upper price band set at Rs 135 per share, the estimated listing price is also Rs 135—indicating no gain at current grey market the flat GMP reflects tepid short-term sentiment, market watchers suggest listing-day interest could pick up if broader market conditions improve or post-allotment demand IPO is entirely a fresh issue of 30 lakh equity shares, aimed at raising Rs 40.50 crore. The price band has been fixed at Rs 132–135 per investors can apply for a minimum lot of 1,000 shares, requiring an investment of Rs 1.35 lakh at the upper end. Allotment is expected to be finalised by May proceeds from the issue will be used for purchasing new commercial vehicles, working capital requirements, and general corporate in 2010, Blue Water Logistics offers integrated logistics and supply chain solutions, including freight forwarding, customs clearance, and transport services via air, sea, and land five branches across India and a fleet of 25 commercial vehicles, the company serves a diverse client base across chemicals, electronics, textiles, and crockery sectors. It also has a growing international footprint in Africa, Singapore, and the Water has shown strong top-line and bottom-line growth. For FY25, the company reported a 41% jump in revenue to Rs 196.29 crore and an 80% surge in net profit to Rs 10.67 crore, reflecting operating leverage and scale IPO is being managed by Smart Horizon Capital Advisors, with Maashitla Securities as the registrar. Shreni Shares is acting as the market maker for the with most SME offerings, investor interest in the final hours and post-listing delivery execution will determine the stock's near-term performance.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Time of India
29-05-2025
- Business
- Time of India
Blue Water Logistics IPO subscribed over 9 times on Day 3: Check GMP, price band and other details
Blue Water Logistics' initial public offering was fully subscribed on the final day of bidding, with overall subscription reaching 9.36 times as of 6:20 PM on Thursday, May 29. Qualified institutional buyers (QIBs) led the demand, subscribing to 14.04 times their allocated quota. Non-institutional investors (NIIs) followed with 9.87 times, while retail investors subscribed 6.55 times of their portion. The Rs 40.50 crore issue closes on May 29, with listing expected on the NSE SME platform on June 3. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Top 5 Gas Turbine Manufacturers Mexico (See The List) Turbines | Search ads GMP signals muted debut In the grey market, shares of Blue Water Logistics were not commanding any premium as of the latest update, with the GMP quoted at zero. With the IPO's upper price band set at Rs 135 per share, the estimated listing price is also Rs 135—indicating no gain at current grey market levels. While the flat GMP reflects tepid short-term sentiment, market watchers suggest listing-day interest could pick up if broader market conditions improve or post-allotment demand strengthens. IPO structure and details The IPO is entirely a fresh issue of 30 lakh equity shares, aimed at raising Rs 40.50 crore. The price band has been fixed at Rs 132–135 per share. Retail investors can apply for a minimum lot of 1,000 shares, requiring an investment of Rs 1.35 lakh at the upper end. Allotment is expected to be finalised by May 30. Live Events The proceeds from the issue will be used for purchasing new commercial vehicles, working capital requirements, and general corporate purposes. Company profile and operations Founded in 2010, Blue Water Logistics offers integrated logistics and supply chain solutions, including freight forwarding, customs clearance, and transport services via air, sea, and land routes. With five branches across India and a fleet of 25 commercial vehicles, the company serves a diverse client base across chemicals, electronics, textiles, and crockery sectors. It also has a growing international footprint in Africa, Singapore, and the UAE. Financial snapshot Blue Water has shown strong top-line and bottom-line growth. For FY25, the company reported a 41% jump in revenue to Rs 196.29 crore and an 80% surge in net profit to Rs 10.67 crore, reflecting operating leverage and scale benefits. Key intermediaries The IPO is being managed by Smart Horizon Capital Advisors, with Maashitla Securities as the registrar. Shreni Shares is acting as the market maker for the issue. As with most SME offerings, investor interest in the final hours and post-listing delivery execution will determine the stock's near-term performance. Also read: Scoda Tubes IPO subscribed 5.5 times on Day 2, GMP rises to 13%. Check details
