
Industrials / Logistics · NSE
iWare Supply Chain Services Limited, incorporated in 2018, is a pan-India integrated logistics company offering end-to-end supply chain management solutions across major Indian states, servicing sectors such as FMCG, pharma, retail, and e-commerce. The company provides warehousing through 3PL and CFA models, transportation, rake handling, business auxiliary services, and rental services. Its fleet has grown from 15 vehicles in FY2022 to 47 by January 2025, and the company also handles over 100 BCN rakes annually, moving about 2.2 lakh MT of goods. Along with flexible FTL, HTL, and container transport options, iWare also leverages a large network of 500 own trucks and access to 10,000+ partner trucks.
Price Band
₹95
Issue Size
₹27.13 Cr
Lot Size
1200 shares
GMP
+2.1%
Est. Listing
₹97
at current GMP
Subscribed
2.96x
overall
Open
28 Apr 2025
Close
30 Apr 2025
Allotment
2 May 2025
Refund
3 May 2025
Demat Credit
4 May 2025
Listing
6 May 2025
Overall Subscription
2.96x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
2.65x
High Net-Worth
Retail (RII)
3.28x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 1,356,000 | 3,586,800 | 2.65x |
| RETAIL | 1,356,000 | 4,449,600 | 3.28x |
| Total | 2,712,000 | 8,036,400 | 2.96x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | — | 0.00x |
| NIB | — | 404 | 0.00x |
| RETAIL | — | 3,708 | 0.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Iware Supplychain Services Limited is bringing an initial public offering (IPO) in the Industrials / Logistics sector with an aggregate issue size of ₹27.13 Crores. The shares are offered at a price band of ₹95 to ₹95 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-04-30, the basis of allotment is scheduled to be finalized on 2025-05-02. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Iware Supplychain Services Limited IPO is ₹2 per equity share. Based on the upper price band of ₹95 to ₹95 per equity share, the estimated listing price is ₹97 (+2.1% expected listing gain).
With a lot size of 1200 shares and current GMP of ₹2, the expected profit per application lot is approx ₹2,400 (+2.1% gain). Minimum application cost is approx ₹1,14,000.
The Iware Supplychain Services Limited IPO aggregate issue size is ₹27.13 Crores with an equity price band set at ₹95 to ₹95 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,14,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 2.96x (Retail: 3.28x, QIB: 0.00x, NII: 2.65x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2025-05-02. Investors can verify status using PAN card or application number.
Iware Supplychain Services Limited shares are scheduled to list on NSE on 2025-05-06.