Iware Supplychain Services Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹2(2.11%)
Premium (ELP)
Iware Supplychain Services Limited's has transitioned to a publicly listed entity following its IPO debut on May 06, 2025 at the NSE exchange. The public offering successfully raised 28,56,000 Shares, consisting of 28,56,000 Sharesin new capital.
The IPO featured a competitive price range of ₹95 to ₹95 and minimum application size of 1200 shares. Market reception was evidenced through subscription activity between Apr 28, 2025 and Apr 30, 2025, reflecting investor appetite for the offering.
Allotment of shares was completed on May 02, 2025, distributing equity to successful applicants. The listing marked the beginning of the company's journey as a publicly traded corporation, subject to market dynamics and regulatory oversight.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
iWare Supply Chain Services Limited, incorporated in 2018, is a pan-India integrated logistics company offering end-to-end supply chain management solutions across major Indian states, servicing sectors such as FMCG, pharma, retail, and e-commerce. The company provides warehousing through 3PL and CFA models, transportation, rake handling, business auxiliary services, and rental services. Its fleet has grown from 15 vehicles in FY2022 to 47 by January 2025, and the company also handles over 100 BCN rakes annually, moving about 2.2 lakh MT of goods. Along with flexible FTL, HTL, and container transport options, iWare also leverages a large network of 500 own trucks and access to 10,000+ partner trucks.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Pan-India Reach: Wide network across key states enables seamless service delivery.
- End-to-End Logistics: Full-stack supply chain solutions from warehousing to transportation.
- Multimodal Transport: Integrated road and rail (BCN rake) operations ensure efficient, flexible, cost-effective movement of goods.
- Customer Concentration: Heavy dependence on a limited set of customers & specific industries increases revenue risk.
- Third-Party & Cost Exposure: Reliance on third-party vehicle sourcing and fuel price volatility may impact margins.
- Seasonal Business: Seasonal demand patterns can lead to fluctuations in revenue and profitability.
- Krishnakumar Jagdishprasad Tanwar
- Rajnish Gautam
- India Roadways Private Limited
Iware Supplychain Services Limited
Kfin Technologies Limited