31 Mar 2023
Assets39.47
Total Income43.72
Profit After Tax0.42
NET Worth4.00
Reserves and Surplus3.99
Total Borrowing27.33
At a glance
Updated 2026-09-12Iware Supplychain Services is a SME IPO with an issue size of ₹27.13 crore, proposed for listing on NSE SME. The offer opens on 28th Apr 2025 and closes on 30th Apr 2025. The issue structure includes a fresh issue of ₹25.76 crore.
Issue details
Listing atNSE SME
Issue typeFixed Price Issue
Issue size₹27.13 Cr
Fresh issue₹25.76 Cr
Face value₹10
Price band—–—
Allotment2nd May 2025
Listing6th May 2025
Grey market
GMP page ↗Latest GMP₹2.00
GMP / upper priceNO DATA
Est. listing₹97.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens28th Apr 2025
Closes30th Apr 2025
Allotment2nd May 2025
Refund5th May 2025
Demat5th May 2025
Listing6th May 2025
Subscription demand
Full bidding ↗Total2.96×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1200 | — |
Company
Incorporated2018
Use of proceeds
| Object | Amount |
|---|---|
| Capital expenditure requirement for the construction of new industrial shed | ₹14.06 Cr |
| Funding working capital requirements of the Company | ₹6.80 Cr |
| General Corporate Purposes | ₹3.87 Cr |
| Issue Expenses | ₹2.40 Cr |
| Total | ₹27.13 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue86.11₹ Cr · +46.5% vs prior year
PAT8.02₹ Cr · +92.3% vs prior year
Assets56.93₹ Cr · +21.6% vs prior year
Net Worth16.19₹ Cr · +98.2% vs prior year
Borrowing29.74₹ Cr · +17.4% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2024
Assets46.81
Total Income58.77
Profit After Tax4.17
NET Worth8.17
Reserves and Surplus8.16
Total Borrowing25.34
31 Mar 2025
Assets56.93
Total Income86.11
Profit After Tax8.02
NET Worth16.19
Reserves and Surplus8.33
Total Borrowing29.74
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 58.52% |
| ROCE | 30.34% |
| Debt / Equity | 1.84% |
| RoNW | 51.05% |
| PAT Margin | 9.34% |
| Price to Book Value | 4.61 |
Valuation & shareholding
Pre-IPO EPS10.20
Post-IPO EPS7.48
Pre-IPO P/E9.31
Post-IPO P/E12.69
Promoter holding pre100%
Promoter holding post73.35%
Market cap₹101.80 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Iware Supplychain Services IPO | — | 12.69 x | — | — |
| Sampark India IPO | — | 11.86 x | — | — |
| Global Ocean IPO | — | 16.53 x | — | — |
| Neptune Logitek IPO | — | 17.90 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Capital expenditure requirement for the construction of new industrial shed | ₹14.06 Cr |
| Funding working capital requirements of the Company | ₹6.80 Cr |
| General Corporate Purposes | ₹3.87 Cr |
| Issue Expenses | ₹2.40 Cr |
| Total | ₹27.13 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- GetFive Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-12.
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