
Emerging SME Services · NSE
Blue Water Logistics Ltd, established in April 2010, offers end-to-end logistics and supply chain solutions, including freight forwarding, customs clearance, and transportation services. The company provides tailored logistics support across air, sea, and land, covering everything from cargo pick-up and customs processing to final delivery. With five branches located in Chennai, Delhi, Jaipur, Visakhapatnam, and Thane, the company serves a wide range of industries such as confectionery, chemicals, crockery, natural stones, textiles, electronics, and fitness equipment. As of March 31, 2025, Blue Water Logistics Ltd operates 25 commercial vehicles and has a team of 83 employees. Their services are available across multiple states in India including Telangana, Gujarat, Maharashtra, Rajasthan, Andhra Pradesh, Tamil Nadu, Delhi, Punjab, Karnataka, Uttar Pradesh, Madhya Pradesh, and Odisha, as well as internationally in Africa, Singapore, and the UAE.
Price Band
₹132 – ₹135
Issue Size
₹40.50 Cr
Lot Size
1000 shares
GMP
+3.0%
Est. Listing
₹139
at current GMP
Subscribed
9.36x
overall
Open
27 May 2025
Close
29 May 2025
Allotment
30 May 2025
Refund
31 May 2025
Demat Credit
1 Jun 2025
Listing
3 Jun 2025
Overall Subscription
9.36x
Total Demand
QIB Multiplier
14.04x
Institutions & Funds
NII / HNI
9.87x
High Net-Worth
Retail (RII)
6.55x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 559,000 | 7,849,000 | 14.04x |
| NIB | 440,000 | 4,342,000 | 9.87x |
| RETAIL | 1,010,000 | 6,617,000 | 6.55x |
| Total | 2,009,000 | 18,808,000 | 9.36x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 12 | 0.00x |
| NIB | — | 417 | 0.00x |
| RETAIL | — | 6,617 | 0.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Blue Water Logistics Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹40.5 Crores. The shares are offered at a price band of ₹132 to ₹135 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,35,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Maashitla Securities Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-06-01, while un-allotted funds or UPI block mandates will be released on 2025-05-31.
The latest Grey Market Premium (GMP) for Blue Water Logistics Limited IPO is ₹4 per equity share. Based on the upper price band of ₹132 to ₹135 per equity share, the estimated listing price is ₹139 (+3.0% expected listing gain).
With a lot size of 1000 shares and current GMP of ₹4, the expected profit per application lot is approx ₹4,000 (+3.0% gain). Minimum application cost is approx ₹1,35,000.
The Blue Water Logistics Limited IPO aggregate issue size is ₹40.5 Crores with an equity price band set at ₹132 to ₹135 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,35,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 9.36x (Retail: 6.55x, QIB: 14.04x, NII: 9.87x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Maashitla Securities Private Limited) and the BSE status verification website on or around 2025-05-30. Investors can verify status using PAN card or application number.
Blue Water Logistics Limited shares are scheduled to list on NSE on 2025-06-03.