Iware Supplychain Services IPO is a fixed price issue IPO, aiming to raise ₹27.13 crore. It is an entirely fresh issue of 28.56 lakh shares. The bidding window was open from April 28, 2025 to April 30, 2025, with the IPO allotment to be finalised today on May 2, 2025. Iware Supplychain Services is scheduled to list on the NSE SME on May 6, 2025.
The IPO was priced in the range of ₹95 per share with a lot size of 1200 shares. The public issue received bids for 80,36,400 shares against 27,12,000 shares available, resulting in an overall subscription of 2.96 times. Retail investors led the response, subscribing 3.28 times their quota, followed by NIIs at 2.65 times.
Iware Supplychain Services’s ₹27.13 crore IPO, priced at ₹95 per share, was subscribed 2.96 times overall. The IPO is an entirely fresh issue of 28.56 lakh shares. Bidding took place from April 28 to 30 April 2025, with the Iware Supplychain Services IPO allotment status to be finalised today on May 2, 2025. Retail investors subscribed 3.28 and NIIs 2.65 times. Listing is expected on May 6, 2025.
The table below breaks down the Iware Supplychain Services share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 1,44,000 (5.04%) |
| Other Shares Offered | 13,56,000 (47.48%) |
| Retail Shares Offered | 13,56,000 (47.48%) |
| Total Shares Offered | 28,56,000 (100%) |
Data Source: NSE
| Category | Subscription (times) |
| Non-Institutional Investors | 2.65 |
| Retail Individual Investors | 3.28 |
| Total shares | 2.96 |
Note: The subscription details are as of April 30, 2025
Iware Supplychain Services Limited was originally incorporated as Iware Supplychain Services Private Limited on January 17, 2018, under the Companies Act, 2013. The company was subsequently converted into a public limited company on November 27, 2024, and renamed Iware Supplychain Services Limited.
The company is engaged in providing integrated logistics solutions across five different types of services: warehousing (including third-party logistics and carrying & forwarding agent), transportation (including carrying & forwarding agent), rake handling services, business auxiliary services, and rental income.
Iware Supplychain Services serves a variety of sectors including automotive, food and agro, FMCG, and technology, providing clients with efficient end-to-end logistics solutions. Its in-house capabilities span warehousing, transportation, rake handling, and business auxiliary services, with a focus on efficiency and sustainability.
The company’s operations are supported by a network of branch offices across key states such as Gujarat, West Bengal, Uttar Pradesh, Rajasthan, Punjab, Haryana, and Delhi. Through this IPO, Iware Supplychain Services aims to fund the capital expenditure requirement for the construction of a new industrial shed, strengthen its working capital position, and invest in operational growth and general corporate purposes.
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.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: May 2, 2025, 2:07 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and asset management, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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