Company Overview: Blue Water Logistics Ltd
Established in Hyderabad, Blue Water Logistics Ltd is a multimodal transport operator registered under the Multimodal Transportation of Goods Act, 1993. The company offers end-to-end logistics solutions, including freight forwarding, customs clearance, and transportation handling services across air, sea, and land routes.
With five operational branches in Chennai, Delhi, Jaipur, Visakhapatnam, and Thane, Blue Water Logistics caters to diverse industries such as confectionery, chemicals, crockery, natural stones, textiles, electronics, and fitness equipment.
Blue Water Logistics Financial Details
For the financial year ending March 31, 2025, Blue Water Logistics reported:
-
Revenue: ₹196.29 crore
-
Net Profit: ₹10.67 crore
This marks a significant growth from the previous fiscal year (FY24), where the company recorded:
-
Revenue: ₹138.74 crore
-
Net Profit: ₹5.94 crore
The company’s net worth increased from ₹18.81 crore in FY23 to ₹17.22 crore in FY24, while its debt stood at ₹9.43 crore in FY24.
Blue Water Logistics IPO Details
-
IPO Dates: May 27–29, 2025
-
Price Band: ₹132–₹135 per share
-
Issue Size: ₹40.5 crore
-
Fresh Issue: 30 lakh equity shares
-
-
Lot Size: 1,000 shares
-
Minimum Investment: ₹1,32,000
-
Listing Date: June 3, 2025
-
Stock Exchange: NSE SME platform
-
Registrar: Maashitla Securities Pvt. Ltd.
-
Book Running Lead Manager (BRLM): Smart Horizon Capital Advisors Pvt. Ltd.
-
Market Maker: Shreni Shares Ltd.
Blue Water IPO Objectives
The net proceeds from the IPO will be utilized for:
-
Capital expenditure of ₹10.5 crore towards the purchase and body-building of vehicles.
-
Working capital requirements amounting to ₹20 crore.
-
General corporate purposes.
Blue Water IPO Grey Market Premium (GMP)
As of May 27, 2025, the grey market premium (GMP) for Blue Water Logistics Ltd’s IPO is reported to be ₹0, indicating that the shares are trading at par with the upper end of the IPO price band of ₹135 per share.
Subscription Status (Day 1)
As of 12:00 PM on May 27, 2025:
-
Retail Investors: Subscribed 0.23 times
-
Non-Institutional Investors (NII): Subscribed 0.04 times
-
Qualified Institutional Buyers (QIB): No subscription yet
Overall, the IPO has been subscribed 0.13 times on the first day.
The current GMP of ₹0 suggests a neutral market sentiment towards the Blue Water Logistics IPO. Investors are advised to monitor the subscription levels and market trends over the remaining subscription period before making investment decisions
Having said that GMP does not mean in anyway a recommendation for an IPO, the financials of a company and its future prospectus tells a lot.
Here is the thing no one can tell you whether the IPO will going to make a stellar debut or not, it is you who have to decide based on available information about the company.
Moreover the IPO’s now a days are very hot market every one wants to earn some quick money on listing day itself and there is nothing wrong about it.
One must not forget to check the financials and do not fall for any recommendation from anyone, it is you hard earned money, you should decide whether to opt for the IPO or not.
You may have watch various YouTube channels or read on different websites about recommendation for stocks and IPO, it is my humble suggestion and request please do not ever fall prey to it. Better than this is to invest in ETF’s?.
Therefore, whenever you are buying IPO make sure the money invested is not the one which you my need it urgently, always use extra money which you may not require in near future, Otherwise stay away completely.
If you’re looking for a broker that offers speed, transparency, and advanced tools, Dhan is one of the best choices today. With zero brokerage on delivery trades and intuitive charts, Dhan is built for both beginners and pro traders. Invest in Stocks, F&O, Commodities, Currency, ETFs, Mutual Funds, SGBs, IPOs, SIPs and much more.
Click Here to Open Your Free Dhan Account
No paperwork. No account opening charges. Get started in 5 minutes! Dhan also offers advanced tools like TradingView & Options Trader built-in.
Note: Grey market premiums are unofficial and can fluctuate; they are not a guarantee of listing performance.
Blue Water Logistics Peer Comparison
| Company | Revenue (FY25) | Net Profit (FY25) | EBITDA Margin | PAT Margin | Debt-to-Equity Ratio |
|---|
| Blue Water Logistics | ₹196.29 crore | ₹10.67 crore | N/A | N/A | N/A |
| TCI Express Ltd | ₹1,200 crore | ₹100 crore | 12% | 8.3% | 0.2 |
| Gati Ltd | ₹1,500 crore | ₹50 crore | 10% | 3.3% | 0.5 |
Note: The peer companies listed are indicative and based on industry relevance.
Frequently Asked Questions (FAQs)
Q1: How can I apply for the Blue Water Logistics IPO?
You can apply through your broker’s platform using the UPI-based ASBA (Application Supported by Blocked Amount) method.
Q2: What is the minimum investment required?
The minimum investment is ₹1,32,000 for one lot of 1,000 shares.
Q3: When will the shares be listed?
The shares are expected to be listed on June 3, 2025, on the NSE SME platform
Q4: What is the purpose of the IPO?
The proceeds from the IPO will be used for capital expenditure, working capital requirements, and general corporate purposes.
Where To Check Blue Water Logistics IPO Application And Allotment Status?
As an investor or trader generally we are curious and anxious to know the results of the application as soon as possible. To ease the anxiety, both Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) have come up with dedicated pages and links which investors can use.
NSE
The NSE has an IPO bid verification module. It can be used to verify the IPO application details uploaded on the exchange bidding system by your member/bank. The data of the bid details uploaded by the member/bank would be available on T+1 day (where T would be date receipt of bid on NSE platform).
In addition, the data would be available until six days after the issue closure date. This gives the investor enough time to verify the data and instruct the member/bank to make any changes, if required.
Exchange will also provide allotment information as provided by the registrar to the issue.
An investor can avail this facility by registering using his/her PAN details. After registration, the investor will receive an email notification from NSE on the registered email address. That email will provide the login details.
The following link can be used for the same:
https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp
BSE
The BSE has also come up with a similar platform.
This unique facility allows investors to verify the status of their application submitted to a Trading Member or a SCSB (Self-Certified Schedule Banks).
The investor can check his application status/information on the website until one week after issue close.
The following link can be used by investors:
https://www.bseindia.com/investors/appli_check.aspx
Important Things To Keep In Mind Before Applying For IPO’s:
- Try to fill for the same IPO online from different DP ID i.e. if in your family have more than 1 account you can possibly get the allocation done in case of over subscription.
- You should have a good knowledge of the sector and the company you are planning to invest.
- Analysis of the company’s balance sheet is very crucial. A clear understanding of the company’s future projects and vision is very necessary to know whether it will have a sustainable future.
- Investment decision has to be taken carefully and not in a hurry.
- Read as much as you can about the company, its objectives for launching the IPO, its past history in business and its futures prospectus.
- Don’t go for hype in the news, your analysis should be based on facts rather than gossips and rumors.
- Many IPOs are oversubscribed. What this means is that the demand for shares is much higher than the shares available for sale. In such a situation, it is no surprise that many investors fail to get any shares allotted to them. This is why it is advisable to apply for IPO shares on the last day of bidding. This way, one can have a good estimate on how large the subscription will be. Also, in that case, one should bid for just one lot and not unnecessarily lock up their capital.
If you’re looking for a broker that offers speed, transparency, and advanced tools, Dhan is one of the best choices today. With zero brokerage on delivery trades and intuitive charts, Dhan is built for both beginners and pro traders. Invest in Stocks, F&O, Commodities, Currency, ETFs, Mutual Funds, SGBs, IPOs, SIPs and much more.
Click Here to Open Your Free Dhan Account
No paperwork. No account opening charges. Get started in 5 minutes! Dhan also offers advanced tools like TradingView & Options Trader built-in.
Conclusion
Blue Water Logistics Ltd’s IPO offers investors an opportunity to participate in India’s growing logistics and supply chain sector. With a strong financial track record and a clear strategic focus, the company is well-positioned for future growth.
However, investors should consider the current grey market premium and assess their investment objectives accordingly.
Checkout Prostarm Info Systems IPO – Check Date, Price, GMP, Financial Details, Peers Comparison
Checkout Schloss Bangalore Ltd IPO – Check Date, Price, GMP, Financial Details, Peers Comparison
Checkout Aegis Vopak Terminals IPO – Check Date, Price, GMP, Financial Details, Peers Comparison
