Iware Supplychain Services Ltd IPO: A Comprehensive Guide
Navigating the IPO landscape can be daunting, but understanding the fundamentals of each offering can empower you to make informed decisions. This blog post delves into the details of the Iware Supplychain Services Ltd IPO, providing a holistic overview to assist potential investors.
Iware Supplychain Services: At a Glance
Iware Supplychain Services Limited is a logistics solutions provider operating across India. Established in 2018, the company offers a range of services including warehousing, transportation, rake handling, and business support. They cater to various sectors like FMCG, pharmaceuticals, retail, and e-commerce. With a fleet of owned and partnered trucks, along with BCN rakes, Iware aims to provide integrated and efficient logistics solutions.
- Established: 2018
- CEO: Twinkle Tanwar
- Services: Warehousing, Transportation, Rake Handling, Business Support
- Sectors Served: FMCG, Pharma, Retail, E-commerce
- Network: Pan-India
Key IPO Details
Here are the essential details of the Iware Supplychain Services IPO:
| Particulars | Details |
|---|---|
| Status | Preopen |
| Open Date | April 28, 2025 |
| Close Date | April 30, 2025 |
| Listing Date (Expected) | May 06, 2025 |
| IPO Price Range | ₹95 per share |
| IPO Size | ₹27.13 Cr |
| Listing Exchange | NSE SME |
IPO Timeline
Apr 28, 2025 Bidding Ends
Apr 30, 2025 Allotment
May 02, 2025 Refunds
May 05, 2025 Demat Transfer
May 05, 2025 Listing
May 06, 2025
Subscription and Lot Size Details
Understanding the lot size and investment requirements is crucial before applying for the IPO:
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹114,000 |
| Retail (Max) | 1 | 1200 | ₹114,000 |
| HNI (Min) | 2 | 2400 | ₹228,000 |
IPO Size Breakdown
The IPO size is further divided into:
- Total IPO Size: ₹27.13 Cr
- Offer for Sale: -
- Fresh Issue: ₹27.13 Cr
Objectives of the IPO
Iware Supplychain Services plans to utilize the funds raised from the IPO for the following purposes:
- Capital expenditure for the construction of a new industrial shed
- Meeting working capital requirements
- General corporate purposes
Industry Landscape and Growth Potential
The logistics sector in India presents a significant growth opportunity:
- India’s logistics sector is among the largest globally, essential for economic growth.
- The sector has shown robust recovery post-COVID, growing by 14% in FY22 to reach US$435 billion.
- Projections estimate the sector will grow to US$591 billion by FY27.
- Organized logistics is expected to grow at a CAGR of approximately 32% between FY22–FY27.
- Government initiatives like PM Gati Shakti are expected to support industry formalization and infrastructure growth.
Why Consider Investing in Iware Supplychain IPO?
Several factors may make the Iware Supplychain IPO an attractive investment:
- Strong financial growth, with revenue increasing from ₹43.7 Cr in FY23 to ₹86.1 Cr in FY25.
- A wide logistics network, including 500+ trucks and over 100 BCN rakes across India.
- Integrated, tech-enabled logistics services, featuring real-time tracking and multimodal transport.
- IPO funds are earmarked for infrastructure expansion and meeting working capital needs.
Financial Performance
A review of Iware Supplychain Services' financial performance provides insights into its growth trajectory:
| Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
|---|---|---|---|
| Revenue | 43.72 | 58.77 | 86.11 |
| EBITDA | 6.22 | 10.87 | 17.00 |
| PAT | 0.42 | 4.17 | 8.02 |
| Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
|---|---|---|---|
| Total Assets | 39.47 | 46.81 | 56.93 |
| Share Capital | 0.01 | 0.01 | 7.86 |
| Total Borrowings | 27.33 | 25.34 | 29.74 |
| Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
|---|---|---|---|
| Net Cash Generated From / (used in) operating activities | 2.47 | 9.74 | 5.99 |
| Net Cash Generated From / (used in) investing activities | -4.13 | -3.32 | -5.82 |
| Net Cash Generated From / (used in) financing activities | 1.36 | -4.81 | 1.50 |
| Net Increase (Decrease) In Cash And Cash Equivalents | -0.31 | 1.61 | 1.66 |
SWOT Analysis
A SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis provides a structured view of Iware Supplychain Services:
Strengths:
- Strong nationwide network across multiple Indian states
- End-to-end logistics services under one roof
- Integrated rail and road transport solutions
- Tech-driven operations and real-time tracking
Weaknesses:
- Heavy reliance on key clients for revenue
- High capital intensity limits quick expansion
- Limited global presence outside India
- Dependence on fuel prices for transport costs
Opportunities:
- Expansion into Tier II and III cities
- Rising demand from e-commerce and FMCG sectors
- Government push through logistics policy reforms
- Growing interest in sustainable logistics solutions
Threats:
- Intense competition in the logistics and warehousing sector
- Regulatory changes impacting operational flexibility
- Fuel price volatility affects profit margins
- Economic slowdowns may reduce goods movement
Frequently Asked Questions (FAQs)
- When does the Iware Supplychain Services IPO open and close?
The IPO opens on April 28, 2025, and closes on April 30, 2025. - What is the size of the Iware Supplychain Services IPO?
The IPO size is ₹27.13 Cr. - What is the price band of the Iware Supplychain Services IPO?
The price is fixed at ₹95 per share. - What is the minimum lot size and investment required for the IPO?
The minimum lot size is 1,200 shares, requiring an investment of ₹114,000. - What is the allotment date of the Iware Supplychain Services IPO?
The share allotment date is May 2, 2025. - What is the IPO listing date?
The IPO is expected to be listed on May 6, 2025. - Who is the book running lead manager for the IPO?
GetFive Advisors Private Limited. - What are the objectives of the IPO?
To fund capital expenditure, meet working capital requirements, and for general corporate purposes.
Contact Information
- Company: Iware Supplychain Services Limited
- Address: 7th Floor 707 Iscon Elegance, Nr. Jain Temple, Prahladnagar Cross Road, S.G. Highway
- Phone: +91 9512470099
- Email: compliance.officer@iware.co.ini
- Website: www.iware.co.in
IPO Registrar
- Registrar: Kfin Technologies Limited
- Phone: 04067162222, 04079611000
- Email: investor.ipo@maashitla.com
- Website: https://kosmic.kfintech.com/ipostatus/
Lead Manager
- Lead Manager: GetFive Advisors Private Limited
Conclusion
The Iware Supplychain Services IPO presents an opportunity to invest in a growing logistics company operating in a sector with significant potential. By carefully evaluating the company's financials, strengths, weaknesses, and the objectives of the IPO, investors can make informed decisions aligned with their investment goals. As always, potential investors should consult with a financial advisor before making any investment decisions.