EduInvesting.in | May 10, 2025
Logistics is a bit like the electricity in your house—nobody notices until it stops working. Think about it: Ever wondered how your late-night impulse online shopping spree turns into reality on your doorstep? (No judgment—we’ve all been there!) Logistics companies like Iware Supplychain Services make it happen. Now, Iware is going public, and investors are wondering: is this IPO set to speed smoothly down the highway or stall out on the roadside?
So, grab your chai, sit back, and let’s unpack everything about Iware’s upcoming IPO in our unique EduInvesting style—funny, insightful, and packed with all the details.
📦 About Iware Supplychain: More than Just Trucks
First, let’s introduce the star of our IPO show. Founded in 2018, Iware Supplychain is an Ahmedabad-based integrated logistics provider with its fingerprints on everything from transportation and warehousing to rake handling (yes, trains!) and rental services.
- Founded: 2018
- Headquarters: Ahmedabad, Gujarat
- Services Offered: Warehousing, Transportation, Rake Handling, Auxiliary Business Services
- Promoters: Krishnakumar Jagdishprasad Tanwar, Rajnish Gautam, Inter India Roadways Pvt Ltd
- Fleet Strength: 47 vehicles (up from just 15
- in FY22!)
- Key Locations: Gujarat, Delhi, West Bengal, Rajasthan, Uttar Pradesh, Punjab, Haryana
They’ve got trucks, trains, and everything except planes (for now). With a vast nationwide network, Iware is trying to become the go-to logistics partner for Indian businesses.
📈 IPO Quick Snapshot
Here’s the IPO breakdown, because numbers speak louder than words (sometimes!):
| Particulars | Details |
|---|---|
| IPO Type | Fresh Issue |
| Total Issue Size | 28,56,000 Equity Shares |
| Face Value | ₹10 per share |
| Issue Price | ₹95 per share |
| Total Fundraising | Approx. ₹27.13 Crores |
| Minimum Lot | 1,200 shares |
| Minimum Investment | ₹1,14,000 |
| Listing Platform | NSE SME (NSE Emerge) |
| Lead Manager | GetFive Advisors Pvt Ltd |
| Registrar | KFin Technologies Ltd |
| IPO Dates | April 28 – April 30, 2025 |
| Listing Date | May 6, 2025 |
💰 What’s the Money For?
You might wonder, what exactly is Iware going to do with your hard-earned ₹95 per share?
Great question! Here’s their shopping list:
- ₹14.06 Cr: Construction of new industrial shed 🏗️
- ₹6.80 Cr: Working capital needs 💼
- ₹3.87 Cr: General corporate purposes (business-speak for “we’ll use it wherever we want”) 💳
💸
