Overview

• The Rs 40.5 crore book-built IPO comprised 30 lakh fresh equity shares priced between Rs 132 and Rs 135 each.
• Qualified institutional buyers subscribed at 3.31×, non-institutional investors at 3.20× and retail investors at 2.43×.
• The company will use the net proceeds for vehicle acquisitions, working capital needs and general corporate purposes.
• Blue Water Logistics reported FY2025 revenue of Rs 196.29 crore and profit after tax of Rs 10.67 crore.
• Allotment is scheduled for May 30 ahead of a June 3 NSE SME debut, with a zero grey market premium suggesting a flat listing.