Blue Water Logistics Ltd IPO
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Blue Water Logistics Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 30 L | TBA | ₹ 10.1 L | ₹ 76.5 L | NSE | ₹ 40.5 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 27 May, 25 | 29 May, 25 | 1000 | ₹ 1,32,000 | Book Building - SME | 03 Jun, 25 |
Blue Water Logistics Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Miscellaneous |
| Sub Sector | NA |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 1.33x | 1394000 | 1850000 |
| NII | 2.32x | 440000 | 1021000 |
| Retail | 1.95x | 1010000 | 1966000 |
| Employee | 0x | 0 | 0 |
| Total | 1.61x | 3000000 | 4837000 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Blue Water Logistics Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 15.98 | 8.89 | 2.57 |
| EBITDA | 17.66 | 9.85 | 3.08 |
| PAT | 10.67 | 5.94 | 1.54 |
| Total Assets | 68.12 | 38.50 | 26.67 |
| Share Capital | 8.00 | 2.00 | 2.00 |
| Total Borrowings | 30.62 | 15.27 | 4.76 |
| Operating Activities (Net Cash) | 12.35 | 6.90 | 2.05 |
| Investing Activities (Net Cash) | -0.74 | 0.00 | 0.00 |
| Financing Activities (Net Cash) | 30.62 | 15.27 | 4.76 |
| Net Cashflow | 1.52 | 1.61 | 2.40 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Blue Water Logistics Ltd
Our Company was originally incorporated as a Partnership Firm in the name of Blue Water Logistics on April 16, 2010. Subsequently our Partnership firm converted into Private Limited Company under the name of Blue Water Logistics Private Limited on August 22, 2022 under the provisions of the Companies Act, 2013 with the Registrar of Companies, Central Registration Centre. Subsequently, the status of the Company was changed to Public limited Company and the name of our Company was changed to Blue Water Logistics Limited vide Special Resolution passed by the Shareholders at the Extra-Ordinary General Meeting of our Company held on May 30, 2024. The fresh certificate of incorporation consequent to conversion was issued on July 25, 2024 by the Registrar of Companies, Central Processing Centre. The Corporate Identification Number of our Company is U63030TG2022PLC165815.
The logistics industry plays a vital role in the dynamic economic landscape of India by enabling the efficient movement of goods and services throughout the country's large territory. As India strives to realise its ambitious economic goals, including achieving a GDP of US$ 5.5 trillion by 2027, the transformation of its logistics sector emerges as a pressing imperative. The Indian logistics sector is one of the largest in the world and presents a huge addressable opportunity. The sector is critical for the country's economic growth as it connects various elements of the economy and consists of transportation, warehousing and other supply chain solutions ranging from suppliers to end customers.
Our Company is engaged in the business of providing logistics and supply chain solutions to our customers. Our key services include freight forwarding, custom clearance and transportation handling services. We are a Multimodal Transport Operator registered under the Multimodal transportation of Goods Act 1993 to carry on the business of multimodal transportation.
Peer Comparison:
- Blue Water Logistics Limited
- Shreeji Translogistics Limited
- Shree Vasu Logistics Limited
Blue Water Logistics Ltd IPO Key Points
Strengths
- Well established relationship with clients.
- Leveraging the experience of our Promoters and Directors.
- Wide customers portfolio across different industry verticals.
- Wide range of logistics services.
- Domestic and Global Network.
Risk
- Majority of its Revenue from operation is derived from the company ocean freight services. Any disruption in the continuous operations of its services in ocean freight segment would have a material adverse effect on its business, results of operations and financial.
- Delay in Customs House Clearance Services may adversely affect its business operations and reputation with its customers.
- The company depends on its third-party service providers and vendors/suppliers in certain aspects of its operations and unsatisfactory services provided by them or failures to maintain relationships with them could disrupt its operations.
Strategy
- Enhance operational controls to ensure timely delivery.
- Enhance connections with our suppliers and customers.
- Focus on quality.
- Focus on increase in volume of sales.
- Well established relationship with clients.
- Leveraging the experience of our Promoters and Directors.
- Wide customers portfolio across different industry verticals.
- Wide range of logistics services.
- Domestic and Global Network.
How To Apply for Blue Water Logistics Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
