Final Day! Blue Water Logistics IPO: Check GMP, Subscription Status, Allotment Date And Details
Blue Water Logistics provides logistics and supply chain solutions. Its main services include freight forwarding, customs clearance and transportation handling.
The initial public offering of Blue Water Logistics Ltd. which launched its initial public offering (IPO) on May 27 will close for subscription on Thursday, May 29. The demand for the SME issue was led by strong interest from qualified institutional investors. The Day 2 subscription breakdown is as follows:
Qualified Institutions: 3.31 times
Non-Institutional Buyers: 1.97 times
Retail Investors: 1.99 times
As bidding for the SME IPO enters its final day, here's all you need to know about the SME IPO, including the latest GMP, subscription status, price band and more.
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Final Day! Blue Water Logistics IPO: Check GMP, Subscription Status, Allotment Date And Details
Blue Water Logistics IPO And Company Details
Blue Water Logistics IPO is a book-built issue worth Rs 40.5 crore, comprising a completely fresh issuance of 30 lakh equity shares.
The price band for the Blue Water Logistics IPO has been set between Rs 132 and Rs 135 per share.
Retail investors can apply for a minimum of 1,000 shares, amounting to a bidding value of at least Rs 1.32 lakh.
Of the 21,65,000 shares on offer, 5,59,000 (25.82%) are allocated to Qualified institutional investors, 4,40,000 (20.32%) are allocated to Non-Institutional investors, and 10,10,000 (46.65%) are allocated to Retail investors.
Smart Horizon Capital Advisors Pvt. is the book-running lead manager for the Blue Water Logistics IPO, with Maashitla Securities Pvt. serving as the registrar. Shreni Shares Ltd has been designated as the market maker for the NSE SME IPO.
Blue Water Logistics Ltd. offers end-to-end logistics solutions, including project logistics, supply chain management (SCM), and warehousing services across air, sea, and land routes. Its portfolio spans cargo pick-up, customs clearance, and final delivery.
Blue Water Logistics Ltd. reported a revenue of Rs 196.29 crore for the financial year ended March 31, 2025, compared to Rs 138.74 crore in FY24. Its profit after tax rose to Rs 10.67 crore in FY25 from Rs 5.94 crore in the preceding financial year.
Blue Water Logistics IPO GMP Today
The latest grey market premium for the Blue Water Logistics SME IPO is Rs 0 recorded at 2:37 p.m. on Thursday, May 29. With the upper end of the IPO’s price band fixed at Rs 135, the estimated listing price remains Rs 135, indicating a flat listing when the company lists on NSE SME on June 3.
Note: GMP is not an official source of data and is based on speculation.
Blue Water Logistics IPO Day 3 Subscription Status
The IPO has been subscribed 9.36 times as of 5:04 p.m. on Thursday
Qualified Institutions: 14.04 times
Non-Institutional Buyers: 9.87 times
Retail Investors: 6.55 times
The subscription status will be updated at regular intervals.
Blue Water Logistics IPO Allotment And Listing Details
The Blue Water Logistics IPO allotment status is expected to be finalised on Friday, May 30. This will be followed by the initiation of refunds to unsuccessful applicants and the transfer of shares to the Demat accounts of successful applicants on Monday, June 2.
Once the allotment is finalised, investors can verify their share allotment status on the websites on NSE and Maashitla Securities, the IPO registrar.
The shares of Blue Water Logistics will list on the NSE SME platform on Tuesday, June 3.
Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read the red herring prospectus thoroughly before placing bids.
