Blue Water Logistics IPO set to boost expansion and working capital
Blue Water Logistics Limited, a leading integrated logistics and supply chain solutions provider, is set to launch its Initial Public Offering (IPO) on May 27 to May 29, 2025. The company aims to raise capital primarily to meet its capital expenditure requirements and strengthen its working capital.
Blue Water Logistics IPO Objectives
As per the IPO objectives, Blue Water Logistics plans to allocate ₹10.517 crore for capital expenditure, particularly for the purchase of vehicles and their body building. An additional ₹20.00 crore will be directed towards meeting the working capital requirements of the company. The remaining proceeds will be used for general corporate purposes.
More Details about Blue Water Logistics
Established in April 2010, Blue Water Logistics offers a comprehensive suite of logistics services including freight forwarding, custom clearance, transportation management, project logistics, supply chain management (SCM) and warehousing across air, marine and land transport. The company serves diverse customers in sectors such as confectionery, chemicals, crockery, natural stone, textiles, electronics and fitness equipment, and operates through five branches located in Chennai, Delhi, Jaipur, Visakhapatnam and Thane. As of March 31, 2025, the company had 25 commercial vehicles.
Blue Water Logistics Financial
Financially, Blue Water Logistics has demonstrated strong growth. The company’s revenue grew by 41% and profit after tax (PAT) grew by 80% between the financial years ending March 31, 2024 and March 31, 2025. For the financial year ending March 31, 2025, the company reported assets of ₹76.34 crore, revenue of ₹196.29 crore and profit after tax of ₹10.67 crore. Net worth stood at ₹20.15 crore, with reserves and surplus of ₹12.15 crore and total borrowings of ₹36.73 crore.
Blue Water Logistics IPO Price- band & Lot Size
The price band for the IPO has been fixed at ₹135 per equity share. The IPO will allow investors to bid for a minimum of 1,000 shares, with retail investors able to apply for a maximum of 1,000 shares, valued at ₹1,35,000 Lakh. High Net Worth Individuals (HNIs) can bid for a minimum of 2,000 shares, which amounts to ₹2,70,000 Lakh.
Blue Water Logistics IPO Key Dates
The IPO timeline expetected that the likely allotment will take place on Friday, May 30, 2025, with the commencement of refunds and crediting of shares to demat accounts both scheduled for Monday, June 2, 2025. The likely listing date for Blue Water Logistics has been set as Tuesday, June 3, 2025. Bidding will commence at 10 am and close at 5 pm on the days the public issue is open, with the cut-off time for confirmation of UPI mandate being 5 pm on May 29, 2025.
Blue Water Logistics Promoters
The promoters of Blue Water Logistics are Mr. Laxmi Narayan Mishra, Mr. Lalit Panda, Ms. Madhusmita Mohanty and Ms. Supriya Mishra. Their shareholding at pre-issue is 95.62%.
Blue Water Logistics IPO Registrar
Mashitla Securities Private Limited has been appointed as the IPO registrar. For contact details and investor relations.
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