iWare Supply Chain Services Limited is pan-India integrated logistics company providing a wide range of services including warehousing, transportation, rake handling services, business auxiliary services, and rental income operating across multiple states in India like Gujarat, West Bengal, Uttar Pradesh, Rajasthan, Punjab, Haryana, and Delhi essentially offering comprehensive supply chain management solutions through their extensive network across the country.
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.
As of January 2025, iWare’s fleet has grown from 15 vehicles in the financial year 2022 to 47 vehicles, comprising 15 units of 22-feet open-body trucks and the remaining 32-feet containers.
iWare’s extensive network supports FMCG, pharmaceuticals, retail, and e-commerce industries.
The company operates over 100 BCN rakes annually, transporting approximately 220,000 metric tons of goods annually.
iWare’s extensive road fleet includes 500 company-owned trucks and access to an additional 10,000 vehicles through partnerships. The company offers flexible transport solutions, such as Full Truck Load (FTL), Half Truck Load (HTL), and containerized options, catering to diverse business needs.
Iware Supplychain Services IPO – Details
| IPO Opening Date | 28 April 2025 |
| IPO Closing Date | 30 April 2025 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | Total Issue Size: 28,56,000 Shares Worth ₹27.13 Crore Fresh Issue: 28,56,000 Shares Worth ₹27.13 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹95 |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Kfin Technologies Limited |
| Retail Shares Offered | 50% |
| Other Shares Offered | 50% |
Iware Supplychain Services IPO – Date Schedule
| IPO Open Date | 28 April 2025 |
| IPO Close Date | 30 April 2025 |
| Basis of Allotment | 02 May 2025 |
| Initiation of Refund | 05 May 2025 |
| Credit of Shares to Demat Account | 05 May 2025 |
| IPO Listing Date | 06 May 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 30, 2025 |
Iware Supplychain Services IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,14,000 |
| Retail (Max) | 1 | 1200 | ₹1,14,000 |
| HNI (Min) | 2 | 2400 | ₹2,28,000 |
Competitive Strengths
- Warehousing and logistics services provider has been serving clients for more than 5 years.
- Long-standing relationships with their clients.
- Diverse range of services in their portfolio.
- Long-standing relationships with their clients.
Company Promoters
- Krishnakumar Jagdishprasad Tanwar
- Rajnish Gautam
- Inter India Roadways Private Limited
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2023 | 43.72 | 42.81 | 0.42 | 27.33 |
| 31 March 2024 | 58.76 | 53.41 | 4.16 | 25.34 |
| 31 March 2025 | 86.10 | 75.25 | 8.01 | 29.74 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 58.52% |
| ROCE | 30.34% |
| Debt/Equity | 1.84 |
| RoNW | 51.05% |
| PAT Margin | 9.34 |
| Price to Book Value | 4.61 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 10.20 | 7.48 |
| P/E (x) | 9.31 | 12.69 |
Object Of The Issue
- Capital expenditure requirement for the construction of the new industrial shed.
- Funding Working capital requirements.
- General Corporate Purpose.
Iware Supplychain Services IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.35% |
Iware Supplychain Services IPO Prospectus
Company Contact Information
| Iware Supplychain Services Limited 7 th Floor 707 Iscon Elegance, Nr. Jain Temple, Prahladnagar Cross Road, S.G. Highway Phone: +91 9512470099 Email: compliance.officer@iware.co.ini Website: http://www.iware.co.in/ |
Iware Supplychain Services IPO Registrar
| Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: investor.ipo@maashitla.com Website: https://kosmic.kfintech.com/ipostatus/ |
Iware Supplychain Services IPO Lead Manager(s)
| 1. GetFive Advisors Private Limited |
Iware Supplychain Services IPO FAQs
| What is Iware Supplychain Services IPO? Iware Supplychain Services IPO is an SME IPO. The issue is priced at ₹95 per equity share. The IPO is to be listed on NSE SME. |
| When Iware Supplychain Services IPO will open? The IPO is to open on 28 April 2025 for NII and Retail Investors. |
| What is Iware Supplychain Services IPO Investors Portion? The investors’ portion for NII – 50%, and Retail – 50%. |
| How to Apply the Iware Supplychain Services IPO? You can apply Iware Supplychain Services IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Iware Supplychain Services IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Iware Supplychain Services IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Iware Supplychain Services IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Iware Supplychain Services IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Iware Supplychain Services IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Iware Supplychain Services IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Iware Supplychain Services IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Iware Supplychain Services IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Iware Supplychain Services IPO Size? Iware Supplychain Services IPO size is ₹27.13 Crore. |
| What is the Iware Supplychain Services IPO Price Band? Iware Supplychain Services IPO Price Band is ₹95. |
| What is Iware Supplychain Services IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 1200 Shares with ₹1,14,000 amount while the maximum bid is 1200 Shares with ₹1,14,000. |
| What is the Iware Supplychain Services IPO Allotment Date? Iware Supplychain Services IPO allotment date is 02 May 2025. |
| What is the Iware Supplychain Services IPO Listing Date? Iware Supplychain Services IPO listing date is 06 May 2025. The IPO is to be listed on NSE SME. |
