Blue Water Logistics is raising ₹40.50 crore through its IPO, which is a completely fresh issue consisting of 30 lakh equity shares. The IPO bidding window was open from May 27 to May 29, 2025. The share allotment was completed on May 30, 2025, and the shares are expected to list on the NSE SME platform on June 3, 2025.
The IPO price band ranges between ₹132-₹135 per share. Retail investors need to apply for a minimum of 1,000 shares, which requires an investment of ₹1,32,000. However, to improve chances in case of oversubscription, it's advised to apply at the cutoff amount of ₹1,35,000. High Net-Worth Individuals (HNIs) need to invest in at least 2 lots (2,000 shares), which comes to ₹2,70,000.
Smart Horizon Capital Advisors Private Limited is managing the issue, and Maashitla Securities Private Limited is acting as the registrar. Shreni Shares Limited has been appointed as the market maker for this IPO.
The Blue Water Logistics IPO received an overall subscription of 9.36 times by the close on May 29, 2025. The retail portion was subscribed 6.55 times, the Qualified Institutional Buyers (QIB) segment saw 14.04 times subscription, and the Non-Institutional Investors (NII) category was subscribed 9.87 times.
The public issue comprised 0.20 crore equity shares, with 0.10 crore shares reserved for retail investors, 0.06 crore for QIBs, and 0.04 crore for NIIs. Additionally, 8,35,000 equity shares have been allocated to anchor investors at a price of ₹135 per share ahead of the main bidding process.
The table below breaks down the Blue Water Logistics share allocation for different categories, highlighting the number of shares offered and bid for. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Category | Shares Offered | Shares Bid For |
| Qualified Institutional Buyers (QIB) | 5,59,000 | 78,49,000 |
| Non-Institutional Investors (NII) | 4,40,000 | 43,42,000 |
| Retail Individual Investors (RII) | 10,10,000 | 66,17,000 |
| Total | 20,09,000 | 1,88,08,000 |
Note: The information above is collected from official exchanges including NSE and BSE and may be subject to updates. It is intended for informational purposes only and does not constitute financial advice
| Category | Subscription (times) |
| Qualified Institutional Buyers | 14.04 |
| Non-Institutional Investors | 9.87 |
| Retail Individual Investors | 6.55 |
| Total shares | 9.36 |
Note: The subscription details is as of May 29, 2025
Blue Water Logistics Limited began as a partnership firm on April 16, 2010. It became a private limited company on August 22, 2022, and was later converted into a public limited company on July 25, 2024. Based in Hyderabad, the company offers end-to-end logistics solutions, including freight forwarding, customs clearance, and transportation.
It is registered as a Multimodal Transport Operator under the 1993 Act, enabling seamless cargo movement across air, sea, and land. With branches in Chennai, Delhi, Jaipur, Visakhapatnam, and Thane, it operates across India and globally through a strong partner network, focusing on efficiency, service, and compliance.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Published on: May 30, 2025, 2:52 PM IST
Suraj Uday Singh
Suraj Uday Singh is a skilled financial content writer with 3+ years of experience. At Angel One, he excels in simplifying financial concepts. Previously, he cultivated his expertise at a leading mortgage lending firm and a prominent e-commerce platform, mastering consumer-focused and engaging content strategies.
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