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”) 💳
💸 Financial Check-Up: Can They Deliver Profits?
Let’s cut to the chase. Investors care about money (surprise, surprise!). Here’s Iware’s financial health:
| Financial Metric | FY 2023 (₹ Crores) | FY 2024 (₹ Crores) | FY 2025 (₹ Crores) |
|---|---|---|---|
| Revenue 📊 | 43.72 | 58.77 | 86.11 |
| Net Profit 📈 | 0.42 | 4.17 | 8.02 |
| Net Worth 💼 | 4.00 | 8.17 | 16.19 |
| Total Debt 💳 | 27.33 | 25.34 | 29.74 |
Quick Analysis:
- Revenue Growth: 🚀 Almost doubled in two years.
- Net Profit Growth: 📈 Up nearly 20x from FY23.
- Debt Levels: ⚠️ Debt is manageable, but keep an eye out for rising numbers.
The numbers look juicy, but remember: financial history doesn’t always predict future performance (just ask anyone who bought Bitcoin at its peak!).
🎯 Competitive Strengths (Why Consider Investing?)
Here’s why Iware might be worth your attention (and investment):
- ✅ Massive Fleet Expansion: Jumped from 15 to 47 vehicles in just three years.
- ✅ Pan-India Operations: Not just local; they’ve got presence across multiple states.
- ✅ Experienced Promoters: Decades of logistics expertise—think “elder statesmen,” not startup rookies.
- ✅ Diverse Revenue Streams: Warehousing, transportation, rental services—diversified and robust.
🚧 Risks & Roadblocks (Things You Shouldn’t Ignore)
Investing without acknowledging risks is like driving without a seatbelt:
- ❗ Market Competition: It’s crowded, folks. Everyone wants a piece of the logistics pie.
- ❗ Economic Sensitivity: A downturn could impact profitability quickly.
- ❗ Debt Concerns: High debt is like that heavy luggage on a road trip—it can slow you down if not managed wisely.
📊 IPO Subscription & Allotment (Investor Interest)
The IPO subscription numbers tell us investors are already lining up:
| Category | Subscription (times) |
|---|---|
| Retail Investors 🛒 | 3.28x |
| Non-Institutional 🏦 | 2.65x |
| Total Subscription 🔥 | 2.96x |
(People clearly think this truck is going places!)
🛣️ Final Verdict: Should You Hop on This Truck?
Iware Supplychain IPO is enticing. Strong growth, a solid management team, and the booming logistics industry make it worth a look. But like any good road trip, expect some bumps along the way.
- If you’re looking for quick profits overnight, maybe stick to lottery tickets 🎟️.
- If you’re a long-term investor believing in India’s e-commerce and logistics story, Iware might just be your ticket 🎫 to the destination.
But remember—just like logistics, investing requires patience. Traffic jams happen. Roads get bumpy. The question is, are you in it for the long haul?
🖥️ How to Apply?
If this IPO caught your eye, apply via your broker or UPI-linked ASBA application before April 30, 2025!
📢 Disclaimer (Because Legal Said So!)
This article is purely for informational and humorous purposes. Always consult your financial advisor before investing. IPOs carry risks—don’t bet your house (or your spouse’s patience) on them.
