{"id":37378,"date":"2025-04-30T14:28:43","date_gmt":"2025-04-30T08:58:43","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/04\/30\/iware-supplychain-services-limited-ipo-closes-today\/"},"modified":"2025-04-30T14:28:43","modified_gmt":"2025-04-30T08:58:43","slug":"iware-supplychain-services-limited-ipo-closes-today","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/04\/30\/iware-supplychain-services-limited-ipo-closes-today\/","title":{"rendered":"IWARE Supplychain Services Limited IPO Closes Today"},"content":{"rendered":"<div>\n<p><strong><span data-sheets-root=\"1\">New Delhi [India], April 30: <\/span>Iware Supplychain Services<\/strong> <strong>Limited (ISSL) <\/strong>has announced its plan to go public with an Initial Public Offering (IPO) on April 28, 2025, aiming to raise up to \u20b9 27.13 Cr with shares to be listed on the NSE EMERGE (SME PLATFORM OF NSE).<\/p>\n<p>The issue is <strong>\u20b928,56,000 Lakhs <\/strong>equity Shares at a face value of \u20b9 10 each at issue Price <strong>\u20b9 95\/-<\/strong>.<\/p>\n<p><strong>IWARE SUPPLYCHAIN SERVICES LIMITED<\/strong><\/p>\n<p>Incorporated in 2018, iWare Supply Chain Services Limited is pan-India integrated logistics company providing a wide range of services including warehousing (with third-party logistics (3PL) and carrying &amp; forwarding agent operations), transportation, rake handling services, business auxiliary services, and rental income.<\/p>\n<p>The company offers services in multiple states, including Gujarat, West Bengal, Uttar Pradesh, Rajasthan, Punjab, Haryana, and Delhi, ensuring comprehensive coverage and reliable service delivery. The company offers logistics support and solutions through its extensive network and integrated services across India.<\/p>\n<p><strong>Key Highlights:<\/strong><\/p>\n<p><strong>Total Issue Size \u2013 28.56 Lakhs equity shares of Face value \u20b9 10 each <\/strong><\/p>\n<ul>\n<li><strong>FIXED PRICE ISSUE OF <\/strong><strong>\u20b9 27.13 Cr<\/strong><\/li>\n<li><strong>Issue Price\u2013<\/strong> <strong>\u20b9 <\/strong><strong>95 <\/strong><strong>Per Share<\/strong><\/li>\n<li><strong>Min Lot Size <\/strong><strong>\u2013 Retail -1200 <\/strong>\u00a0<strong>Equity Shares, HNI -2400 Equity Shares<\/strong><\/li>\n<\/ul>\n<p>As of January 2025, iWare\u2019s fleet has grown from 15 vehicles in the financial year 2022 to a fleet of 47 vehicles, comprising 15 units of 22-feet open-body trucks and the remaining 32-feet containers.<\/p>\n<p>iWare\u2019s extensive network supports FMCG, Sanitaryware, Auto-components Engineering goods.<\/p>\n<p><strong><u>Equity Share Allocation<\/u><\/strong><\/p>\n<p><strong>Total Issue Size (Fresh Issue, no OFS): <\/strong><strong>28,56,000 Lakhs equity<\/strong> <strong>shares (Aggregating up to \u20b9 <\/strong><strong>Rs. 27.13 cr<\/strong><strong>)<\/strong><strong>\u00a0<\/strong><\/p>\n<table style=\"height: 42px;\" width=\"474\">\n<thead data-start=\"61\" data-end=\"143\">\n<tr data-start=\"61\" data-end=\"143\">\n<th data-start=\"61\" data-end=\"99\"><strong data-start=\"63\" data-end=\"78\">Particulars<\/strong><\/th>\n<th data-start=\"99\" data-end=\"143\"><strong data-start=\"101\" data-end=\"112\">Details<\/strong><\/th>\n<\/tr>\n<\/thead>\n<\/table>\n<div>\n<table style=\"height: 29px;\" width=\"474\">\n<tbody>\n<tr data-start=\"228\" data-end=\"312\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" style=\"text-align: center;\" data-start=\"228\" data-end=\"266\"><strong data-start=\"230\" data-end=\"252\">Market Maker Quota<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" style=\"text-align: center;\" data-start=\"266\" data-end=\"312\">1,44,000 shares<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div style=\"text-align: center;\">\n<table style=\"height: 36px;\" width=\"471\">\n<tbody>\n<tr data-start=\"313\" data-end=\"396\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"313\" data-end=\"351\"><strong data-start=\"315\" data-end=\"331\">Retail Quota<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"351\" data-end=\"396\">Not less than 50% of the Net Issue<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div style=\"text-align: center;\">\n<table style=\"height: 30px;\" width=\"470\">\n<tbody>\n<tr data-start=\"397\" data-end=\"480\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"397\" data-end=\"435\"><strong data-start=\"399\" data-end=\"415\">Others Quota<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"435\" data-end=\"480\">50% of the Net Issue<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div style=\"text-align: center;\">\n<table style=\"height: 28px;\" width=\"468\">\n<tbody>\n<tr data-start=\"481\" data-end=\"564\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"481\" data-end=\"519\"><strong data-start=\"483\" data-end=\"497\">Price Band<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"519\" data-end=\"564\">\u20b995\/-<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div style=\"text-align: center;\">\n<table style=\"height: 34px;\" width=\"469\">\n<tbody>\n<tr data-start=\"565\" data-end=\"648\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"565\" data-end=\"603\"><strong data-start=\"567\" data-end=\"579\">Lot Size<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"603\" data-end=\"648\">1200 Shares<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div style=\"text-align: center;\">\n<table style=\"height: 40px;\" width=\"470\">\n<tbody>\n<tr data-start=\"649\" data-end=\"748\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"649\" data-end=\"687\"><strong data-start=\"651\" data-end=\"663\">IPO Size<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)] min-w-[calc(var(--thread-content-max-width)\/3)]\" data-start=\"687\" data-end=\"748\">\u20b928,56,000 equity shares (aggregating up to \u20b927.13 crore)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div style=\"text-align: center;\">\n<table style=\"height: 39px;\" width=\"472\">\n<tbody>\n<tr data-start=\"749\" data-end=\"831\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"749\" data-end=\"786\"><strong data-start=\"751\" data-end=\"778\">Pre-Issue No. of Shares<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"786\" data-end=\"831\">78,60,000 equity shares<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div style=\"text-align: center;\">\n<table style=\"height: 38px;\" width=\"472\">\n<tbody>\n<tr data-start=\"832\" data-end=\"914\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"832\" data-end=\"869\"><strong data-start=\"834\" data-end=\"862\">Post-Issue No. of Shares<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"869\" data-end=\"914\">1,07,16,000 equity shares<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div style=\"text-align: center;\">\n<table style=\"height: 38px;\" width=\"472\">\n<tbody>\n<tr data-start=\"915\" data-end=\"998\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"915\" data-end=\"953\"><strong data-start=\"917\" data-end=\"935\">Issue Opens On<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"953\" data-end=\"998\">Monday, April 28, 2025<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div style=\"text-align: center;\">\n<table style=\"height: 37px;\" width=\"471\">\n<tbody>\n<tr data-start=\"999\" data-end=\"1082\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"999\" data-end=\"1037\"><strong data-start=\"1001\" data-end=\"1020\">Issue Closes On<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1037\" data-end=\"1082\">Wednesday, April 30, 2025<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div style=\"text-align: center;\">\n<table style=\"height: 36px;\" width=\"469\">\n<tbody>\n<tr data-start=\"1083\" data-end=\"1166\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1083\" data-end=\"1121\"><strong data-start=\"1085\" data-end=\"1111\">Tentative Listing Date<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" data-start=\"1121\" data-end=\"1166\">Tuesday, May 6, 2025<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div>\n<table style=\"height: 35px;\" width=\"470\">\n<tbody>\n<tr data-start=\"1167\" data-end=\"1250\">\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" style=\"text-align: center;\" data-start=\"1167\" data-end=\"1205\"><strong data-start=\"1169\" data-end=\"1183\">Listing At<\/strong><\/td>\n<td class=\"max-w-[calc(var(--thread-content-max-width)*2\/3)]\" style=\"text-align: center;\" data-start=\"1205\" data-end=\"1250\">NSE Emerge<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p><strong>Objects of the Issue:<\/strong><\/p>\n<p>The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:<\/p>\n<ol>\n<li>Funding the capital expenditure requirement for the construction of new industrial shed.<\/li>\n<li>To Meet Working Capital Requirements<\/li>\n<li>General Corporate Purposes<\/li>\n<\/ol>\n<p><a href=\"https:\/\/www.chittorgarh.com\/report\/ipo-lead-manager-review\/112\/451\/\" target=\"_blank\" rel=\"noopener\">GetFive Advisors Private Limited<\/a>\u00a0is the lead manager to the issue of Iware Supplychain Services Limited, while <a href=\"https:\/\/www.chittorgarh.com\/report\/ipo-registrar-review\/114\/2\/\" target=\"_blank\" rel=\"noopener\">Kfin Technologies Limited<\/a> is the registrar for the issue. The market maker for this issue is <a href=\"https:\/\/www.chittorgarh.com\/report\/ipo-market-maker-vs-listing-gain\/127\/348\/\" target=\"_blank\" rel=\"noopener\">Smc Global Securities Ltd.<\/a><\/p>\n<p><strong>Financial Performance:<\/strong><\/p>\n<p>On the financial performance front, for the last three fiscals, the company has posted a total income\/net profit :.<\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"141\">Particulars<\/td>\n<td width=\"153\">FY 2025 (lakhs)<\/td>\n<td width=\"153\">FY 2024 (lakhs)<\/td>\n<td width=\"153\">FY 2023 (lakhs)<\/td>\n<\/tr>\n<tr>\n<td width=\"141\">Total Income<\/td>\n<td width=\"153\">8,610.96<\/td>\n<td width=\"153\">5,876.86<\/td>\n<td width=\"153\">4,372.00<\/td>\n<\/tr>\n<tr>\n<td width=\"141\">Profit After Tax<\/td>\n<td width=\"153\">801.93<\/td>\n<td width=\"153\">416.96<\/td>\n<td width=\"153\">42.29<\/td>\n<\/tr>\n<tr>\n<td width=\"141\">PAT %<\/td>\n<td width=\"153\">9.34%<\/td>\n<td width=\"153\">7.10%<\/td>\n<td width=\"153\">0.97%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong><u>Disclaimer:\u00a0 <\/u><\/strong><em>Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi [India], April 30: Iware Supplychain Services Limited (ISSL) has announced its plan to go public with an Initial Public Offering (IPO) on April 28, 2025, aiming to raise up to \u20b9 27.13 Cr with shares to be listed on the NSE EMERGE (SME PLATFORM OF NSE). The issue is \u20b928,56,000 Lakhs equity Shares&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/dailynewsindia.co.in\/index.php\/2025\/04\/30\/iware-supplychain-services-limited-ipo-closes-today\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;IWARE Supplychain Services Limited IPO Closes Today&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":37379,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[54],"class_list":["post-37378","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/37378","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=37378"}],"version-history":[{"count":0,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/37378\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media\/37379"}],"wp:attachment":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=37378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=37378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=37378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}