Iware Supplychain Services IPO Live
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Schedule of Iware Supplychain Services
| Issue open date | 28 Apr 2025 |
| Issue close date | 30 Apr 2025 |
| UPI mandate deadline | 30 Apr 2025 (5 PM) |
| Allotment finalization | 02 May 2025 |
| Refund initiation | 05 May 2025 |
| Share credit | 05 May 2025 |
| Listing date | 06 May 2025 |
| Mandate end date | 04 May 2025 |
| Lock-in end date for anchor investors (50%) | 01 Jun 2025 |
| Lock-in end date for anchor investors (remaining) | 31 Jul 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Iware Supplychain Services
Incorporated in 2018, Iware Supplychain Services Limited is a pan-India integrated logistics company specialising in warehousing (including 3PL and carrying & forwarding operations), transportation, rake handling, business auxiliary services, and rental income. With a strong presence across key states like Gujarat, West Bengal, Uttar Pradesh, Rajasthan, Punjab, Haryana, and Delhi, the company caters to diverse industries such as FMCG, auto components, and sanitaryware. Backed by over six years of operational experience and an expanding fleet of 47 vehicles, Iware’s nationwide network, experienced management, and client-driven technological systems position it as a reliable partner for comprehensive supply chain solutions.
Financials of Iware Supplychain Services
*All figures are in ₹ Crores.
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹27.13 crores |
| Fresh Issue | ₹27.13 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Capital expenditure | 14.06 (51.85%) |
| Working capital requirements | 6.80 (25.06%) |
| General corporate purposes | 3.87 (14.27%) |
Strengths
- Diverse service offerings across multiple sectors
- Experienced and varied management team
- Strategic presence across regions
- Strong, long-term client relationships
- Comprehensive fleet services with owned vehicles
Risks
- Outstanding legal proceedings involving company and promoter/director
- Adverse outcomes in legal proceedings affecting reputation and financials
- Dependence on third parties for vehicle acquisition
- Market instability impacting fuel costs and operations
- Excessive reliance on bank loan facilities
- Lenders’ charge over movable and immovable properties