Blue Water Logistics IPO subscription started on Tuesday, May 27, 2025, and will close on Thursday, May 29, 2025, as per the schedule. The price band is set at ā¹132 to ā¹135 per share with a face value of ā¹10.
Blue Water Logistics IPO Subscription Status
Blue Water Logistics IPOĀ subscribed over 2.35x on its Second day till 05.00 PM on 28th May 2025.
- Blue Water LogisticsĀ IPO subscription QIB investors portion is 3.31x times, while NII subscribed 1.97x times and RII investors subscribed 1.98x times.
- The company has received bids for 47,13,000 shares against 20,09,000 shares on offer on the Second day.
- Blue Water Logistics IPO subscribed over 2.35x on day 2.
- Blue Water Logistics IPO subscribed over 1.27x on day 1.
About Blue Water Logistics IPO
Blue Water Logistics Limited, founded in April 2010, is involved in the business of offering logistics and supply chain solutions. The company mainly focuses on offering services such as freight forwarding, customs clearance, and transportation handling services. The companyās portfolio consists of a diverse range of logistics projects, supply chain management (SCM), and warehousing across air, sea, and land transport.
Blue Water Logistics is dedicated to delivering comprehensive services to meet clientsā needs, such as cargo pick-up, customs clearance, and delivery, offering a complete suite of logistics services. As of now, the company consists of 5 branches in various cities: Chennai, Delhi, Jaipur, Visakhapatnam, and Thane. The company caters to customers in confectionery, chemicals, crockery, natural stones, textiles, electronics, and fitness equipment. The company has a total of 70 employees in different departments as of December 1, 2024.
Blue Water Logistics IPO Company Financial Report
The company reported revenue of ā¹196.29 crores in 2025 against ā¹138.74 crores in 2024. The company reported a profit of ā¹10.67 crores in 2025 against a profit of ā¹5.94 crores in 2024.
Blue Water Logistics IPO GMP:
Blue Water Logistics IPO GMPĀ was ā¹8 as of Wednesday, 28th May 2025. That indicates the IPO is trading at ā¹143 with a ā¹8 premium in the grey market against the issue price of ā¹135.
