| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹40.50 Cr |
| Reserved for Market Maker | ₹2.11 Cr |
| Net Issue Size | ₹40.50 Cr |
| Fresh Issue | ₹38.39 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน132.00-135.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | BLUEWATER |
| Registrar | Maashitla Securities Pvt.Ltd. |
| Lead Managers | Smart Horizon Capital Advisors... |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,000 shares and in multiples thereof
Incorporated in April 2010, Blue Water Logistics Ltd provides logistics and supply chain solutions. The company's primary services include freight forwarding, custom clearance and transportation handling services.
The company provides comprehensive project logistics, supply chain management (SCM), and warehousing across air, sea, and land transport, focusing on tailored solutions for client needs, including cargo pick-up, customs clearance, and delivery, offering a complete suite of logistics services.
The company has five branches in Chennai, Delhi, Jaipur, Visakhapatnam, and Thane.
The company serves customers in confectionery, chemicals, crockery, natural stones, textiles, electronics, and fitness equipment.
As of March 31, 2025, the company has 25 commercial vehicles for various transportation needs.
The company provides services in Telangana, Gujarat, Maharashtra, Rajasthan, Andhra Pradesh, Tamil Nadu, Delhi, Punjab, Karnataka, Uttar Pradesh, Madhya Pradesh, Odisha, and abroad in Africa, Singapore, and the UAE.
As of March 31, 2025, the Company has 83 employees in various departments.
Competitive Strength
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure requirements by purchase of Vehicles and its body building | 10.52 |
| 2 | Funding working capital requirements of the Company | 20.00 |
| 3 | General Corporate Purposes | 5.17 |
| 4 | Issue Expenses | 4.81 |
| Total | 40.50 |
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 76.34 | 42.12 | 29.28 | 38.80 |
| Total Income | 196.29 | 138.74 | 98.07 | 84.72 |
| Profit After Tax | 10.67 | 5.94 | 1.54 | 1.04 |
| EBITDA | 18.75 | 10.50 | 3.83 | 2.35 |
| NET Worth | 20.15 | 9.48 | 3.54 | |
| Reserves and Surplus | 12.15 | 7.48 | 1.54 | |
| Total Borrowing | 36.73 | 17.22 | 18.81 | |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 72.02% |
| ROCE | 30% |
| Debt / Equity | 1.82% |
| RoNW | 52.95% |
| PAT Margin | 5.44% |
| EBITDA Margin | 9.56% |
| Price to Book Value | 11.39 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 13.34 | 9.70 |
| P/E (x) | 10.12 | 13.92 |
| Promoter Holding | 95.62% | 69.55% |
| Market Cap | โน148.50 Cr. | |