Blue Water Logistics IPO opens May 27
WATER & WASTE

Blue Water Logistics IPO opens May 27

Hyderabad-based Blue Water Logistics is launching its Rs 40.5 crore IPO on May 27, 2025, which will remain open for subscription until May 29. The price band has been set at Rs 132 to Rs 135 per share, with a lot size of 1,000 shares. This is a book-built issue entirely comprising a fresh issue of 30 lakh equity shares. The IPO will be listed on the NSE Emerge platform.

Smart Horizon Capital Advisors is the sole book-running lead manager, while Maashitla Securities will act as the registrar. The anchor book will open on May 26, 2025. The IPO allocates 8,35,000 shares to anchor investors, 1,56,000 for market makers, 4,40,000 for NIIs, 5,59,000 for QIBs, and 10,10,000 for retail investors.

According to the RHP, the company will utilise Rs 10.51 crore for vehicle purchases and body-building, Rs 20 crore towards working capital, and the balance for general corporate purposes.

Founded in 2010, Blue Water Logistics offers multimodal logistics, freight forwarding, customs clearance, and transportation services across sectors like chemicals, textiles, and electronics. With a presence in Singapore and the UAE, it currently owns 25 vehicles and plans to add 20 more.

The company reported over 40 per cent growth in operating revenue to Rs 196.18 crore in FY25 from Rs 138.67 crore in FY24, while profit after tax rose to Rs 10.67 crore from Rs 5.94 crore year-on-year.

Hyderabad-based Blue Water Logistics is launching its Rs 40.5 crore IPO on May 27, 2025, which will remain open for subscription until May 29. The price band has been set at Rs 132 to Rs 135 per share, with a lot size of 1,000 shares. This is a book-built issue entirely comprising a fresh issue of 30 lakh equity shares. The IPO will be listed on the NSE Emerge platform.Smart Horizon Capital Advisors is the sole book-running lead manager, while Maashitla Securities will act as the registrar. The anchor book will open on May 26, 2025. The IPO allocates 8,35,000 shares to anchor investors, 1,56,000 for market makers, 4,40,000 for NIIs, 5,59,000 for QIBs, and 10,10,000 for retail investors.According to the RHP, the company will utilise Rs 10.51 crore for vehicle purchases and body-building, Rs 20 crore towards working capital, and the balance for general corporate purposes.Founded in 2010, Blue Water Logistics offers multimodal logistics, freight forwarding, customs clearance, and transportation services across sectors like chemicals, textiles, and electronics. With a presence in Singapore and the UAE, it currently owns 25 vehicles and plans to add 20 more.The company reported over 40 per cent growth in operating revenue to Rs 196.18 crore in FY25 from Rs 138.67 crore in FY24, while profit after tax rose to Rs 10.67 crore from Rs 5.94 crore year-on-year.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code