Iware Supplychain Services IPO subscribed 2.96 times on the last day, a retail quota was subscribed over 3.28 times, NII was subscribed over 2.65 times, and QIB was 0.00 times respectively.
Details About Iware Supply Chain Services IPO
Iware Supplychain Services got approval from SEBI for an IPO of around ₹27.13 crores. Iware Supplychain Services IPO is fully of fresh issues of ₹27.13 crores with a face value of ₹10 each. Further, Iware Supplychain Services had a set price band of ₹95 Per Share.
In the Iware Supplychain Services IPO, 1200 shares were in 1 lot size for the retail minimum and maximum category as well. Moreover, 2400 shares were in 2 lot sizes for the S-HNI category.
To invest in Iware Supplychain Services IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹1,14,000.
- SHNI (S-HNI): Minimum investment of ₹2,28,000.
Iware Supplychain Services IPO’s Subscription Duration
The opening date of Iware Supplychain Services IPO was on April 28, 2025, and the closing date was on April 30, 2025. The Iware Supplychain Services IPO allotment was on May 2, 2025, and the investors will receive a refund on May 5, 2025. Iware Supplychain Services is set to be listed on May 6, 2025.
Iware Supplychain Services IPO funds deployment
- The proceeds raised from the fresh issue will be utilized towards the Capital expenditure requirement for the construction of a new industrial shed
- The Funds will be used to handle the Working capital requirements
- While rest of the money would go to General corporate purposes.
About Iware Supply Chain Services Company
Founded in 2018, Iware Supplychain Services Limited is one of the leading nationwide logistics companies in India. The company is involved in providing services like warehousing, transportation, rake handling, business support services, and rental income. Gujarat, West Bengal, Uttar Pradesh, Rajasthan, Punjab, Haryana, and Delhi are the various states where the company runs its business. iWare has a large number of trucks for transportation, it owns 500 trucks itself, additionally, the company can use 10,000 more trucks through its business partners. They are known to deliver a range of transportation options such as Full Truck Load (FTL), Half Truck Load (HTL), and containerized services to fulfill the diverse business requirements. Industries such as FMCG, auto components, and sanitaryware are the clients of the company.
Financial Report of the Iware Supply Chain Services Company
The company reported revenue of ₹86.11 crores in 2025 against ₹58.77 crores in 2024. The company reported a profit of ₹8.02 crores in 2025 against a profit of ₹4.17 crores in 2024.