Blue Water Logistics Limited, founded in 2010 and based in Hyderabad, is a supply chain solutions provider specializing in freight forwarding, customs clearance, and transportation services across air, sea, and land. With five branch offices in major cities and a diverse client base spanning industries like chemicals, textiles, and electronics, the company is launching its SME IPO on May 27, 2025, aiming to raise ₹40.5 crore through a fresh issue of shares. Funds raised will support vehicle purchases, working capital, and business expansion.
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Expert Opinions
Blue Water Logistics IPO is attracting moderate optimism, reflecting confidence in India’s logistics sector and the company’s sharp growth trajectory. Its strengths include a broad service portfolio across freight forwarding, customs clearance, and transportation, as well as a significant revenue jump to ₹196.29 crore and net profit of ₹10.67 crore in FY2025. The company demonstrates impressive capital efficiency with a Return on Equity (ROE) of 72.02%, though its Return on Capital Employed (ROCE) is notably low at 0.3%, and Net Asset Value (NAV) stands at ₹25.19.
However, the high debt/equity ratio of 1.82 signals elevated leverage risk, and the company remains exposed to economic cycles and intense industry competition. From a long-term perspective, Blue Water Logistics’ success will depend on prudent use of Blue Water Logistics IPO proceeds for fleet expansion and working capital, as well as its ability to manage debt and sustain profitability amid sector volatility.
Investor Considerations
Blue Water Logistics IPO has shown robust performance, with FY2025 revenue rising to ₹196.29 crore and net profit at ₹10.67 crore, reflecting business scalability and improved fundamentals. The company operates in a favorable logistics sector, supported by India’s infrastructure growth and rising demand for integrated supply chain solutions. FY2025 Blue Water Logistics IPO valuation metrics include a price to book value of approximately 11.39, PAT margin of 5.44%, and a RoNW of 52.95%, indicating moderate profitability but elevated leverage.
Growth prospects are anchored in expanding fleet and branch network, but risks include high debt, sector competition, and sensitivity to economic cycles. Short-term investors may face volatility, while long-term gains depend on prudent debt management, sustained profitability, and the company’s ability to scale operations efficiently in a competitive landscape.
| Date | GMP | Trend |
|---|---|---|
| 02 Jun 2025 11.00 | ₹00 | --- |
| 31 May 2025 11.40 | ₹00 | --- |
| 30 May 2025 11.48 | ₹00 | --- |
| 29 May 2025 11.07 | ₹00 | --- |
| 28 May 2025 10.52 | ₹00 | --- |
| 27 May 2025 10.51 | ₹00 | --- |
| 26 May 2025 11.33 | ₹00 | --- |
| 25 May 2025 11.35 | ₹00 | --- |
| 24 May 2025 11.07 | ₹00 | --- |
| 23 May 2025 11.00 | ₹00 | --- |
| 22 May 2025 10.51 | ₹00 | --- |
| 21 May 2025 10.45 | ₹00 | --- |
| 20 May 2025 10.54 | ₹00 | --- |
FAQs
The Grey Market Premium showed reasonable accuracy in predicting Blue Water Logistics IPO’s listing performance. While the GMP of ₹0 suggested a flat listing at the issue price, the stock delivered a modest gain of 4.44%. With a small prediction error of 4.44%, the GMP’s indication of weak market enthusiasm was largely accurate, though it slightly underestimated the marginal positive listing gain.
Blue Water Logistics IPO Current GMP is ₹00.
Blue Water Logistics IPO Expected Returns is 0.00%.
Blue Water Logistics IPO estimated listing price is ₹135.