Iware Supplychain Services Limited
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.
Price Band₹95 |
Dates28 Apr - 30 Apr |
GMP₹2 (2.11%) |
Subscriptions1.08 times |
Issue Size₹27.13 Crs |
Iware Supplychain IPO Objects
- Funding the capital expenditure requirement for the construction of new industrial shed
- Funding Working capital requirements
- General Corporate Purpose
Iware Supplychain IPO Details
Price Band₹95 |
Listing AtNSE SME |
IPO Issue TypeFixed Price |
Fresh Issue₹27.13 Cr (0.29 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹27.13 Cr (0.29 Cr Shares) |
Face Value₹10 per equity share |
Iware Supplychain IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
1,200
1,14,000
Maximum
1
1,200
1,14,000
|
|||
| NII |
Minimum
2
2,400
2,28,000
|
|||
Iware Supplychain IPO Subscription
Updated as on 30-Apr-2025 10:28:00 hrs
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| Retail | 1.37 | 13,56,000 | 18,52,800 |
| Others | 0.79 | 13,56,000 | 10,69,200 |
| Total | 1.08 | 27,12,000 | 29,22,000 |
Iware Supplychain IPO GMP
The estimated Grey Market Premium of Iware Supplychain IPO is ₹2 per share (2.11%)
The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading
Category Allocation
| Particulars | Allocation |
|---|---|
| Retail | 50% of the net offer |
| Others | 50% of the net offer |
| Market Maker | 1,44,000 EQ Shares |
Iware Supplychain IPO Financials
| 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 |
The financial information presented is on a consolidated basis
Key Performance Indicators
| KPI | Values |
|---|---|
| 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.
Iware Supplychain IPO Peer Comparision
| 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
Iware Supplychain IPO Peer Comparision
| Particulars | Iware Supplychain |
|---|---|
| Revenue from Ops (in Crs.) | 58.71 |
| PAT (In Crs.) | 4.17 |
| ROE | 68.56% |
| EBITDA | 18.52% |
| PAT Margin | 7.10% |
| Price to earning (PE) | 9.31 |
| Debt to Equity | 3.10 |
| Pranik Logistics | Shreeji Translogistics |
|---|---|
| 66.84 | 250.50 |
| 4.07 | 16.28 |
| 35.56% | 29.09% |
| 13.98% | 7.51% |
| 6.08% | 6.50% |
| 12.73 | 16.74 |
| 1.56 | 0.49 |
- All the information pertains to FY 2023-24
- The PE ratio of Co. and peers is taken as per RHP
Promoter Details
| Name | Shareholding |
|---|---|
| Inter India Roadways Private Limited | 99.94% |
| Others | 0.06% |
Management Details
| Name | Designation |
|---|---|
| Krishnakumar Tanwar | MD |
| Twinkle Tanwar | CEO |
| Gagan Verma | CFO |
Company Details
Name: Iware Supplychain Services Limited
Address: 7th Floor 707 Iscon Elegance, Prahladnagar Cross Road, S.G. Highway, Ahmedabad- 380051, Gujarat
Number: +91 9512470099
Email: compliance.officer@iware.co.in
Website: www.iware.co.in
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Iware Supplychain IPO is a SME IPO having an issue size of Rs. ₹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.
Iware Supplychain IPO opens on 28 Apr 25 and closes on 30 Apr 25.
The estimated Grey Market Premium of Iware Supplychain IPO is ₹2 per share (2.11%).
The minimum lot size of Iware Supplychain IPO is 1200 shares & the minimum application amount is Rs. 114000.
The allotment date of Iware Supplychain IPO is 02 May 25.
The listing date of Iware Supplychain IPO is 06 May 25.
Iware Supplychain IPO is subscribed 1.08 times.
Iware Supplychain IPO is priced at ₹95 - ₹95 per share.
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