Blue Water Logistics came to market through an SME IPO that opened on 27 May 2025 and closed on 29 May 2025, and the shares listed on 3 June 2025 on NSE SME. The price band was ₹132 to ₹135 per share and one lot was 1000 shares, so the minimum application was ₹1,35,000. The issue size was ₹40.5 crore. The whole issue was fresh shares, so the money raised went to the company.
Maashitla Securities Private Limited was the registrar to the issue, and Smart Horizon Capital Advisors Private Limited was the lead manager.
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Founded in April 2010, Blue Water Logistics Ltd is a company that offers logistics and supply chain services. Freight forwarding, custom clearance and transportation handling services are the major services offered by the company.
The company offers project logistics, supply chain management (SCM), and warehousing for air, sea, and land transport with a focus on customized solutions for client requirements such as cargo pick-up, customs clearance, and delivery, and a full suite of logistics services.The company operates five outlets in Chennai, Delhi, Jaipur, Visakhapatnam, and Thane.The company caters to customers in confectionery, chemicals, crockery, natural stones, textiles, electronics, and fitness equipment.
The company has 25 commercial vehicles as of March 31, 2025, catering to different transportation requirements.The company offers services in Telangana, Gujarat, Maharashtra, Rajasthan, Andhra Pradesh, Tamil Nadu, Delhi, Punjab, Karnataka, Uttar Pradesh, Madhya Pradesh, Odisha, and outside the country in Africa, Singapore, and the UAE. As of March 31, 2025, the Company employs 83 people in different departments.
As described in the offer document.
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Mr. Laxmi Narayan Mishra, Mr. Lalit Panda, Ms. Madhusmita Mohanty, Ms. Supriya Mishra.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Blue Water Logistics IPO was a ₹40.5 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹132–₹135 per share with a lot size of 1,000 shares (₹1,35,000). The IPO was open from May 27 to May 29, 2025. Shares listed on NSE SME on June 3, 2025 at ₹141, a 4.4% premium to the issue price of ₹135. Maashitla Securities Private Limited is the registrar.
Smart Horizon Capital Advisors Private Limited is the book running lead manager.
The price band of Blue Water Logistics IPO is ₹132 to ₹135 per share.
The lot size of Blue Water Logistics IPO is 1000 shares.
The minimum investment for Blue Water Logistics IPO is approximately ₹1,35,000 based on the upper price band.
The allotment date of Blue Water Logistics IPO is May 30, 2025.
You can check Blue Water Logistics IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Blue Water Logistics IPO allotment status on Rupix for quick and easy access.
₹132 to ₹135 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 1000 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,35,000. After listing, SME shares also trade in lots rather than one share at a time.
₹1,35,000, for one lot of 1000 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 27 May 2025 and closed on 29 May 2025.
The basis of allotment was published on 30 May 2025 by Maashitla Securities Private Limited, and allotted shares were credited to demat accounts before listing.
The shares listed on 3 June 2025 on NSE SME.
The issue size was ₹40.5 crore. The fresh issue was 30,00,000 shares (aggregating up to ₹40.5 crore).