Iware Supplychain Services IPO Date, Price, GMP, Review Details; Iware Supplychain Services IPO is a fixed price of Rs 27.13 crores. The issue is entirely a fresh issue of 28.56 lakh shares.
Iware Supplychain Services IPO opens for subscription on April 28, 2025 and closes on April 30, 2025. The allotment for the Iware Supplychain Services IPO is expected to be finalized on Friday, May 2, 2025. Iware Supplychain Services IPO will be list on NSE SME with a tentative listing date fixed as Tuesday, May 6, 2025.
Iware Supplychain Services IPO price is ₹95 per share. The minimum lot size for an application is 1200. The minimum amount of investment required by retail investors is ₹1,14,000. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹2,28,000.
GetFive Advisors Private Limited is the book-running lead manager of the Iware Supplychain Services IPO, while Kfin Technologies Limited is the registrar for the issue.The market maker for Iware Supplychain Services IPO is Smc Global Securities Ltd..
Iware Supplychain Services IPO Details
| IPO Date | April 28, 2025 to April 30, 2025 |
| Listing Date | May 6, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹95 per share |
| Lot Size | 1,200 Shares |
| Total Issue Size | 28,56,000 shares (aggregating up to ₹27.13 Cr) |
| Fresh Issue | 28,56,000 shares (aggregating up to ₹27.13 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 78,60,000 shares |
| Share Holding Post Issue | 1,07,16,000 shares |
| Market Maker Portion | 1,44,000 shares Smc Global Securities Ltd. |
Iware Supplychain Services IPO Lot Size Details
Investors can bid for a minimum of 1,200 shares and in multiples thereof. Below is the detailed table showing the minimum and maximum investments allowed for Retail Investors and High Net-worth Individuals (HNI):
| Application Type | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,14,000 |
| Retail (Max) | 1 | 1,200 | ₹1,14,000 |
| HNI (Min) | 2 | 2,400 | ₹2,28,000 |
Retail investors can apply for only 1 lot while HNI investors must apply for a minimum of 2 lots or more.
Iware Supplychain Services Limited Financial Performance Overview
Iware Supplychain Services Limited has demonstrated strong financial growth over recent years. Between the financial year ending March 31, 2024, and March 31, 2025, the company’s revenue surged by an impressive 47%, while the Profit After Tax (PAT) soared by 92%. This growth reflects the company’s operational efficiency and robust market positioning.
The company’s key financial metrics are summarized in the table below:
| Financial Metric | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Assets | ₹56.93 Crore | ₹46.81 Crore | ₹39.47 Crore |
| Revenue | ₹86.11 Crore | ₹58.77 Crore | ₹43.72 Crore |
| Profit After Tax (PAT) | ₹8.02 Crore | ₹4.17 Crore | ₹0.42 Crore |
| Net Worth | ₹16.19 Crore | ₹8.17 Crore | ₹4.00 Crore |
| Reserves and Surplus | ₹8.33 Crore | ₹8.16 Crore | ₹3.99 Crore |
| Total Borrowing | ₹29.74 Crore | ₹25.34 Crore | ₹27.33 Crore |
The strong rise in revenue and PAT showcases Iware Supplychain Services Limited’s ability to scale its business operations effectively while maintaining financial discipline. The company’s assets have also grown steadily, reflecting sound investments and an expanding operational base. Despite an increase in borrowings, the company’s growth in net worth and surplus reserves highlights its improving financial health and stability in the logistics and supply chain sector.
Iware Supplychain Services IPO Valuation – FY2025
Investors assessing the Iware Supplychain Services IPO will find the company’s valuation metrics quite attractive. Based on the financials for the year ending March 31, 2025, here are the key performance indicators (KPIs) that outline the company’s financial health and profitability:
| KPI | Value |
|---|---|
| Return on Equity (ROE) | 58.52% |
| Return on Capital Employed (ROCE) | 30.34% |
| EBITDA Margin | 19.81% |
| PAT Margin | 9.34% |
| Debt-to-Equity Ratio | 1.84 |
| Earnings Per Share (EPS) | ₹10.20 (Basic) |
| Price to Earnings (P/E) Ratio | 9.31 |
| Return on Net Worth (RoNW) | 49.54% |
| Net Asset Value (NAV) | ₹20.59 |
The strong Return on Equity (ROE) and Return on Capital Employed (ROCE) reflect Iware’s efficient use of capital and profitability. The company’s EBITDA and PAT margins show a healthy operational efficiency, while the debt-to-equity ratio indicates a moderately leveraged position, which is acceptable for a growth-oriented firm. With an attractive Price-to-Earnings (P/E) ratio of 9.31, the IPO appears reasonably priced compared to sector averages. Furthermore, the company’s Net Asset Value (NAV) of ₹20.59 supports its intrinsic worth, offering additional confidence to potential investors.
About Iware Supplychain Services
Iware Supplychain Services is an emerging logistics and supply chain management company offering end-to-end warehousing, transportation, and distribution solutions across India. Focused on technology-driven operations, Iware provides services to diverse industries including FMCG, retail, and e-commerce. The company’s asset-light model and strategic partnerships allow scalability and operational efficiency.
Iware Supplychain Services IPO Objectives
The company aims to utilize the IPO proceeds to:
- Strengthen working capital requirements
- Fund business expansion and operational enhancements
- General corporate purposes
These objectives reflect a focus on sustainable growth, operational scaling, and improving overall service efficiency.
Strengths of Iware Supplychain Services
- Robust logistics network and warehousing infrastructure
- Tech-enabled solutions for supply chain management
- Experienced management team with domain expertise
- Growing demand for third-party logistics (3PL) services in India
- Asset-light business model ensuring flexibility and scalability
Financial Overview
Though specific financial numbers are awaited in detailed IPO documents, Iware’s growth trajectory reflects a sharp rise in revenue and client base over the last three years. Investors should monitor the profitability and margin trends disclosed in the Red Herring Prospectus (RHP) for a deeper understanding.
