Iware Supplychain Services Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Iware Supplychain Services Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹95
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,14,000
Issue Size
₹27.13 Cr
Face Value
₹10
Per ShareIPO Type
Fixed Price - SME
Retail Quota
50%
QIB Quota
0%
NII Quota
50%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Iware Supplychain Services Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Promoter Holding (Post-Issue)
73.35%
Issue Type
Fixed Price - SME
ISIN
INE1AII01014
About the Company
Iware Supplychain Services Limited is a pan-India logistics company that provides integrated solutions across five different type of services (i) Warehousing (including third-party logistics ("3PL") and Carrying & Forwarding Agent), (ii) Transportation (Including Carrying & Forwarding Agent) (iii) Rake Handling Services and (iv) Business Auxiliary Services (v) Rental Income. Established on 17.01.2018 at Ahmedabad, Gujarat, the Company operates through branch offices across key states such as Gujarat, West Bengal, Uttar Pradesh, Rajasthan, Punjab, Haryana and Delhi. With over 6 (Six) plus years of operational experience since inception, backed by the combined experience of more than 20 years of the promoters, the Company has significant growth in vehicle fleet of 47 vehicles. Owing to its nationwide reach, experienced management and large fleet, the company excels in providing efficient end-to-end logistics solutions.
Industry Overview
The Indian logistics sector is crucial to economic growth and is a world-leading sector that connects various components of the economy. It includes transportation, warehousing and supply chain solutions. The Department of Commerce's logistics division, established in 2017, oversees its development. Despite a GDP drop in 2020 due to COVID-19, India saw a strong recovery in 2021-2022. The logistics sector, which accounts for 14.4% of GDP, is crucial for manufacturing growth and is supported by initiatives such as Make in India. Technological advancements are enhancing automation and process optimization, significantly boosting efficiency in the sector. This progress is fuelled by the growth of e-commerce and various government infrastructure projects. The warehousing sector is expected to witness strong growth as modern equipment and technology-driven solutions improve efficiency and sustainability. The Indian bearings market is expected to reach $34.99 billion by 2027, growing at a CAGR of 15.64%. Key players include logistics and e-commerce companies expanding into tier 2 and tertiary cities. The growth of the sector is further supported by government initiatives towards improving infrastructure and digitization aimed at reducing logistics costs and increasing efficiency.
Company History
Iware Supplychain Services Limited was originally incorporated as Iware Supplychain Services Private Limited on 17.01.2018 under the Companies Act, 2013 vide certificate of incorporation issued by the Registrar of Companies/ Central Processing Centre, Manesar. Subsequently, the name of the company was changed from "Iware Supplychain Services Private Limited" to "Iware Supplychain Services Limited" under The Companies Act, 2013 pursuant to a special resolution passed by its shareholders at the Extra-Ordinary General Meeting held on 15.10.2024 and had obtained fresh certificate of incorporation dated 27.11.2024 issued by the Registrar of Companies/ Central Processing Centre, Manesar with Corporate Identification Number of the Company U63090GJ2018PLC100589.
Products & Services
- Iware Supplychain Services Limited is a pan-India logistics company.
Growth Strategy
- Expansion in our goods transportation network and fleet size.
- Continue to Maintain Good Relationships with Our Customers.
- Focusing on Increasing Process Services & Consistency in Operating Practices.
- Increase our fleet size.
Customer Base
Wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offer of upto 28,56,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Iware Supplychain Services Limited ("The Company" or "The Issuer") at an issue price of Rs. 95 per equity share for cash, aggregating up to Rs. 27.13 crores ("Public Issue") out of which 1,44,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 95 per equity share for cash, aggregating Rs. 1.37 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 27,12,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 95 per equity share for cash, aggregating upto Rs. 25.76 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.55% and 25.31% respectively of the post-issue paid-up equity share capital of the company.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Warehousing and Logistics services provider serving clients for more than 5 years.
- Long-standing relationships with our clients.
- Diverse range of services in our portfolio.
- Long-standing relationships with our clients.
- The company business is dependent on the sale of its services to certain key Industries and certain customers including the company Promoter Group Companies. The negative change in industry and/or loss of any of these customers or loss of revenue from sales to these customers could have a material adverse effect on its business, financial condition, results of operations and cash flows.
- The company depends on third parties to acquire vehicles utilized in its transportation operations. Further, market instability, including changes in fuel costs may adversely impact the company's operations and financial performance.
- The Company may experience the effects of seasonality which may result in operating results fluctuating significantly.
- The Company does not verify the contents of freights/ packages transported by them, thereby exposing to the risk associated with hazardous materials etc.
- The Company operates in a highly fragmented industry and faces intense competition.