Blue Water Logistics IPO - AstroIPO

Blue Water Logistics IPO


June 3, 2025 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Blue Water Logistics Ltd. is preparing for its market entry in India’s thriving logistics sector. The Blue Water Logistics IPO will run from May 27th to May 29th, 2025, with shares priced between ₹132-₹135.

This ₹40.50 crore offering comprises 30,00,000 shares with a face value of ₹10 each. Investors can participate in the Blue Water Logistics IPO with a minimum lot of 1000 shares, requiring ₹1,35,000 at the upper price band. The company will list exclusively on the NSE.

Blue Water Logistics IPO Details

The key details of Blue Water Logistics’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.

IPO Size ₹40.50 Cr
Price Range ₹132 - ₹135
Retail Quota 35%
QIB Quota 50%
NII Quota 15%
Employee Discount --
Listing at NSE
Minimum Quantity 1000
Investment (cut-off price) ₹1,35,000
Pre IPO Promotor Holding 95.62%
Post IPO Promotor Holding 69.55%
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

Blue Water Logistics IPO Timelines

The IPO process for Blue Water Logistics includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.

27/05/2025
Start Date
29/05/2025
End Date
30/05/2025
Allotment Date View Status
02/06/2025
Refund Initiation
02/06/2025
Credit of Shares to Demat Ac
03/06/2025
Listing Date

Blue Water Logistics IPO Lot Size

The Blue Water Logistics IPO has a fixed lot size of 1,000 shares, at an upper price band of ₹135 per share, requiring ₹135,000 per lot for retail investors. For HNI investors, the minimum application is 2,000 shares (2 lots) amounting to ₹270,000.

Application Lot Size Shares Amount
Retail Minimum 1 1000 ₹1,35,000
Retail Maximum 1 1000 ₹1,35,000
HNI Minimum 2 2000 ₹2,70,000

Blue Water Logistics IPO Subscription Status

The subscription status for Blue Water Logistics IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.

QIB NII Retail EMP Total
14.04x 9.87x 6.55x -- 9.36x

IPO Performance on Listing Day

On the listing day (June 3, 2025), Blue Water Logistics made a positive debut on the stock exchange. The stock opened at ₹141, delivering a decent premium of 4.4% over its issue price of ₹135. Throughout the trading session, the stock showed robust momentum, climbing to a high of ₹148.05 while finding support just above its issue price at ₹135.20. The shares concluded their first trading day at ₹148.05, securing a healthy gain of 9.7% over the issue price, reflecting solid investor confidence in this logistics services provider.

Opening Price Closing Price Day High Day Low
₹141 ₹148.05 ₹148.05 ₹135.20

Blue Water Logistics IPO Company Financials

Blue Water Logistics IPO reports robust performance in FY2025 with Total Income of ₹196.29 crores, managing expenses at ₹181.99 crores, and achieving a strong PAT (Profit After Tax) of ₹10.67 crores, demonstrating significant growth potential ahead of its public offering.

Year Total Income Total Expense PAT
FY 2022 ₹158.5 ₹155.24 ₹2.44
FY 2023 ₹98.07 ₹96.01 ₹1.54
FY 2024 ₹138.74 ₹130.81 ₹5.94
FY 2025 ₹196.29 ₹181.99 ₹10.67

About Company

Incorporated in April 2010, Blue Water Logistics Ltd offers comprehensive logistics and supply chain solutions, specializing in freight forwarding, customs clearance, and transportation services. The company operates across air, sea, and land transport, providing project logistics, supply chain management (SCM), and warehousing services. With a strong focus on customized solutions, it handles end-to-end logistics, including cargo pick-up, customs processing, and final delivery. It serves diverse sectors such as confectionery, chemicals, textiles, electronics, crockery, natural stones, and fitness equipment.

Blue Water Logistics Ltd has established a nationwide presence with branches in Chennai, Delhi, Jaipur, Visakhapatnam, and Thane. The company operates a fleet of 25 commercial vehicles and has a workforce of 83 employees as of March 31, 2025. It provides services across several Indian states, including Telangana, Gujarat, Maharashtra, Rajasthan, and Tamil Nadu, among others, and maintains an international footprint in Africa, Singapore, and the UAE.

Incorporation Date Sector Managing Director
2010 Logistics Lalit Panda

Know Before Investing

When evaluating Blue Water Logistics's IPO potential, understanding both its market advantages and inherent risks becomes crucial for your investment. Below are the key insights you should consider.

Blue Water Logistics IPO Strengths

  • Blue Water Logistics offers integrated services across sea, air, and land, including freight forwarding, customs clearance, warehousing, and project logistics, providing clients with a seamless, one-stop solution.
  • The company operates at major and minor ports across India and coordinates international shipments, enabling it to serve a diverse clientele both domestically and globally.
  • Established in 2010, Blue Water Logistics has over a decade of operational experience, building a reputation for reliability and customer satisfaction in the logistics sector.
  • The company owns and operates its own fleet of trucks and trailers, ensuring greater control over cargo movement, timely delivery, and cost efficiency.
  • Services are tailored to the specific needs of each client, whether for routine, perishable, or restricted cargo, ensuring high levels of customer satisfaction and repeat business.
  • The company’s flexible systems and customer-focused mindset enable it to adapt quickly to changing requirements and exceed client expectations.
  • Contract codes and established relationships with shipping lines allow the company to secure competitive freight rates and reliable vessel bookings.

Blue Water Logistics IPO Risks

  • Blue Water Logistics was only incorporated as a limited company in August 2022 after operating as a partnership, making it difficult to assess its long-term business prospects and financial stability.
  • A significant portion of revenue may come from a small number of key customers. Loss of any major client could materially impact business performance and cash flows.
  • The company’s registered office and some business premises are on rented property. Failure to renew leases on favorable terms or find suitable alternatives could disrupt operations and increase costs.
  • The logistics industry is capital intensive and requires significant working capital. Any delays in payments from customers or tightening of payment terms by suppliers could strain liquidity and business operations.
  • The company is subject to evolving regulations in logistics, customs, and transportation. Non-compliance or sudden regulatory changes could adversely affect business and profitability.
  • General economic downturns, changes in trade volumes, or disruptions in transportation infrastructure (like ports, roads, or railways) can negatively impact demand for logistics services.

Swot Analysis for Blue Water Logistics IPO

Understanding Blue Water Logistics's SWOT analysis is your first step towards making a confident investment decision. Let's evaluate its core strengths and potential challenges ahead.

Strengths

Strong Revenue and Profit Growth, Improving Margins and High ROE, Efficient Capital Utilization

Weaknesses

High Debt Levels, Moderate Profit Margins, Revenue Volatility

Opportunities

Growing Logistics Demand, Service and Geographic Expansion, Supportive Government Policies

Threats

Intense Competition, Economic and Trade Risks, Fuel Price Volatility

Company Details

Blue Water Logistics Limited

H. No. 8-2-270/B/1/2, Block-3, 4th Floor Uptown Banjara, Road No. 3, Banjara Hills, Hyderabad, Telangana 500034, India

Phone: +91 8341101774

Email: investors@bwl.co.in

Website: https://bwl.co.in/

IPO Registar Details

Maashitla Securities Private Limited

Phone: +91-11-45121795-96

Email: investor.ipo@maashitla.com

Website: https://maashitla.com/allotment-status/public-issues

FAQs

The key objectives of Blue Water Logistics IPO are:

  • Funding of capital expenditure requirements by purchase of Vehicles and its body building
  • Funding working capital requirements of the Company
  • General corporate purposes

Smart Horizon Capital Advisors Private Limited is the book-running lead managers for the Blue Water Logistics IPO.

Blue Water Logistics IPO demonstrates strong growth potential, supported by robust financial performance and favorable sector dynamics. The company’s revenue increased from ₹98.07 crore in FY23 to ₹138.74 crore in FY24, with profit after tax rising significantly from ₹1.54 crore to ₹5.94 crore in the same period.

The issue price for the Blue Water Logistics IPO is set between ₹132 to ₹135 per share.

To invest in one lot of Blue Water Logistics IPO, you need ₹1,32,000 at the lower price band (₹132 per share) or ₹1,35,000 at the upper price band (₹135 per share) for a lot size of 1000 shares.

Blue Water Logistics IPO shares are scheduled to be listed on the National Stock Exchange (NSE) on June 3, 2025.

Refund/unblocking of funds for Blue Water Logistics IPO will begin on June 2, 2025. ASBA/UPI blocks will be removed within 1 working day.

You can sell shares your Blue Water Logistics IPO shares on listing day (June 3, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.

Leave a Reply

Your email address will not be published. Required fields are marked *