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Time of India
06-05-2025
- Business
- Time of India
Iware Supplychain shares to list today. GMP suggests muted listing ahead
Iware Supplychain Services will make its stock market debut today on the BSE SME platform . Ahead of its listing, the company was commanding a modest grey market premium (GMP) of Rs 2 per share, indicating muted but positive listing expectations. The IPO, which aimed to raise Rs 27 crore through a fresh issue of 28.56 lakh shares, was subscribed just 3 times. The tepid interest in the IPO was in line with modest responses most of the SME issues received this year. Company overview Incorporated in 2011, Ahmedabad-headquartered Iware Supplychain is an integrated logistics player offering warehousing, third-party logistics (3PL), transportation, rake handling, and auxiliary manufacturing services. It manages over 8 lakh square feet of warehousing space across Gujarat, West Bengal, Uttar Pradesh, Rajasthan, Punjab, Haryana, and Delhi. The company also owns a fleet of 47 vehicles and operates business auxiliary services such as sub-assembly for OEMs at its Karsanpura facility in Gujarat. With a client list spanning FMCG, edible oil, and home appliances, Iware positions itself as a one-stop supply chain partner for pan-India operations. Financials For the year ended March 2025, Iware posted revenues of Rs 85.82 crore and a profit after tax of Rs 6.02 crore, reflecting a steady growth trajectory. The company reported a PAT margin of 7%, with a low debt-to-equity ratio of 0.38x. However, nearly 36% of its operational revenue was spent on lorry hire charges, highlighting a cost-intensive business model. Its geographic concentration -- with over 67% of revenues coming from Gujarat -- could pose risks in the event of regional slowdowns. Moreover, with 41% of total expenses tied to lorry hire, any spike in fuel or freight costs may hurt margins. While the warehousing and logistics sector continues to attract investor interest due to policy support and sectoral tailwinds, Iware's reliance on regional contracts, rising operational costs, and modest subscription figures suggest the stock may see a flat to modest premium on debut.
Time of India
28-04-2025
- Business
- Time of India
Iware Supplychain Services IPO: Check Key dates, price band, GMP, and more
The 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. Iware Supplychain Services will launch its IPO on April 28, 2025. The IPO aims to raise ₹27.13 crore. The price band is set at Rs 95 per share. The company plans to use the funds for expansion and working capital. Iware offers integrated logistics solutions across multiple states. The firm reported a revenue of Rs 86. Tired of too many ads? Remove Ads Iware Supplychain Services IPO: Price band and lot size Check GMP of Iware Supplychain Services Use of IPO proceeds Tired of too many ads? Remove Ads Company Overview 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 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 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 company intends to use the proceeds from the IPO for capital expenditure on new industrial sheds, funding working capital requirements, and for general corporate Supplychain Services is an integrated logistics company that provides a broad range of services, including warehousing, transportation, rake handling, business auxiliary services, and rental 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 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.
