Blue Water Logistics IPO

LISTED
SME

NSE • Lot Size: 1000 • SME

Issue135
Listed141+4%
Now143+5.9%
5.9%

*Last updated on 11 Jan 2026

Price Band

₹132 - ₹135

Lot Size

1000

Issue Size

₹40.5 Cr

GMP

N/A

Subscription

9.36x

Analyzing...

IPO Schedule

1

Open

27 May 2025

2

Close

29 May 2025

3

Allotment

-

4

Listing

3 Jun 2025

About Blue Water Logistics

Blue Water Logistics is an SME focused on providing integrated logistics solutions, specializing in transportation and warehousing services. The company primarily caters to clients in the manufacturing and retail sectors, aiming to optimize their supply chain efficiency.

Key Strengths

  • High Return on Equity (ROE) of 72.02% indicates strong profitability and efficient utilization of shareholder equity.
  • Relatively low Price-to-Earnings (P/E) ratio of 10.12 suggests the IPO may be undervalued compared to industry peers.
  • Focus on integrated logistics solutions provides a competitive edge by offering a comprehensive service package.
  • Catering to the manufacturing and retail sectors provides a stable demand base.
  • SME segment listing can provide higher growth potential compared to larger, more established logistics companies.

Risk Factors

  • SME listing implies higher volatility and liquidity risk compared to mainboard listings.
  • The company's success is heavily reliant on the growth and stability of the manufacturing and retail sectors.
  • Intense competition within the logistics industry could pressure margins and market share.

Valuation Analysis

The IPO appears attractively priced considering the high ROE and relatively low P/E ratio; however, investors should carefully consider the risks associated with SME listings and the company's specific competitive landscape.

IPO Details

ExchangeNSE
SegmentSME
ISININE0X3M01010
NSE SymbolBLUEWATER
Face Value10
Lot Size1000
Issue Size₹40.5 Cr

Key Metrics

ROE72.02%
ROCE0.30
P/E Ratio10.12
Industry P/E20
EPS13.34
PAT Margin5.44%
Debt/Equity1.82

Growth & Quality

ProfitableYes ✓

Subscription

Total1.28x
Imbalance Ratio1.0x

Documents

RHP not available

Key Dates

Open Date27 May 2025
Close Date29 May 2025
Listing3 Jun 2025