Blue Water Logistics IPO
IPO Details
Blue Water Logistics IPO is a bookbuilding of ₹40.50 Crore. The issue is entirely a fresh issue of ₹40.50 Crore and an offer for sale of Nil.
Blue Water Logistics IPO opens for subscription on 2025-05-27 and closes on 2025-05-29. The allotment is expected to be finalized on 2025-05-30. The IPO will be listed on BSE, NSE with tentative listing date as 2025-06-03.
Price band is set at ₹132 to ₹135 per share. The minimum lot size for application is 1000 shares (₹132000). It is suggested to bid at the cutoff price to avoid oversubscription, which is about ₹135000.
IPO Timeline
Company Overview
Blue Water Logistics IPO Details
Blue Water Logistics Limited is a Hyderabad-based company offering comprehensive logistics and supply chain solutions, including freight forwarding, customs clearance, and transportation handling services. Established in April 2010, the company has expanded its operations across major Indian cities.
Company Overview
Blue Water Logistics operates from its registered office in Hyderabad and has branch offices in Chennai, Delhi, Jaipur, Visakhapatnam, and Thane. The company caters to clients in various industries such as confectionery, chemicals, crockery, natural stones, textiles, electronics, and fitness equipment. As of December 1, 2024, the company employs 70 individuals across different departments. :contentReference[oaicite:5]{index=5}
Business Segments
- Freight Forwarding: Handling transportation of goods via air, sea, and land.
- Customs Clearance: Assisting clients with import and export documentation and procedures.
- Transportation Handling: Providing end-to-end logistics solutions, including warehousing and distribution.
Financial Performance
| Particulars | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Revenue | ₹158.5 Cr | ₹98.07 Cr | ₹138.74 Cr | ₹196.29 Cr |
| PAT | ₹2.44 Cr | ₹1.54 Cr | ₹5.94 Cr | ₹10.67 Cr |
| PAT Margin | 1.54% | 1.57% | 4.28% | 5.44% |
IPO Details
- Issue Size: ₹40.50 Crore
- Fresh Issue: ₹40.50 Crore
- Offer for Sale: Nil
- Price Band: ₹132-135 per share
- Lot Size: 1,000 shares
- Minimum Investment: ₹1,35,000 (at upper price band)
- Listing On: NSE SME
IPO Objectives
- Purchase of commercial vehicles and body building.
- Funding working capital requirements.
- General corporate purposes.
Subscription Details
| Category | Allocation | Subscription |
|---|---|---|
| QIB | 50% | TBD |
| NII | 15% | TBD |
| Retail | 35% | TBD |
| Total | 100% | TBD |
Key Strengths
- Comprehensive logistics solutions across multiple transportation modes.
- Established presence in major Indian cities.
- Diverse client base across various industries.
- Consistent growth in revenue and profitability.
- Experienced management team.
Risk Factors
- Dependence on key clients for a significant portion of revenue.
- Fluctuations in fuel prices affecting transportation costs.
- Regulatory changes in the logistics and transportation sector.
- Competition from established logistics companies.
- Economic downturns impacting trade volumes.
Lead Manager
- Smart Horizon Capital Advisors Private Limited
Registrar
- Maashitla Securities Private Limited
GMP Trends
The Grey Market Premium (GMP) for Blue Water Logistics IPO is currently ₹15, indicating a premium of approximately 11.11% over the upper price band.
Expert Opinion
Analysts suggest that Blue Water Logistics’ consistent financial growth and expansion plans make it a promising investment opportunity in the logistics sector. However, potential investors should consider the associated risks and market conditions before investing.
Business Segments
Information about business segments will be available soon.
Financial Performance
| Particulars | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| pat | ₹2.44 Cr | ₹1.54 Cr | ₹5.94 Cr | ₹10.67 Cr |
| pat margin | 1.54% | 1.57% | 4.28% | 5.44% |
| revenue | ₹158.5 Cr | ₹98.07 Cr | ₹138.74 Cr | ₹196.29 Cr |
* Percentage values represent margins
Additional Information
The proceeds from the IPO will be used for:
- Expansion of manufacturing facilities
- Debt repayment
- General corporate purposes
Information about key strengths will be available soon.
Information about risk factors will be available soon.
| Category | Allocation | Subscription |
|---|---|---|
| QIB | 50% | TBD |
| NII | 15% | TBD |
| Retail | 35% | TBD |
| Total | 100% | TBD |
Industry analysts are positive about the company's growth prospects given its strong financial performance, diversified product portfolio, and expansion plans. The IPO is expected to receive good response from investors looking for exposure to the sector.
Grey Market Premium
*Expected Premium is derived from market rumors. It is not a guaranteed indicator of the actual listing price.
IPO Quick Info
Market Lot
IPO Details
Lead Managers
- Axis Capital Limited
- ICICI Securities Limited
- Kotak Mahindra Capital Company Limited
Registrar
Link Intime India Private Limited
