Blue Water Logistics IPO Allotment Status: Check Latest GMP, Steps to Verify Status
The basis of allotment for the ₹40.5 crore Blue Water Logistics SME IPO will be finalised today, 30 May 2025. The IPO bidding window was opened for three trading days, from 27 May 2025 to 29 May 2025.
Check Blue Water Logistics IPO Allotment Status Online On NSE
- Visit the NSE’s IPO allotment verification status page here.
- Select “Equity & SME IPO bid details.”
- In Select Symbol, select “BLUEWATER.”
- Enter your PAN No. and application No.
- Click “Submit.”
Check Blue Water Logistics IPO Allotment Status on Maashitla Securities Private Limited (Registrar to the issue)
- Visit the Maashitla’s IPO allotment verification status page here.
- Select “BLUE WATER LOGISTICS LIMITED” under “Please select company.”
- Enter any of the following details.
- PAN
- Application Number
- Demat Account Number
- Click “Submit.”
IPO Details
The SME IPO is a bookbuilding issue of ₹40.50 crores, consisting entirely a fresh issue of 30 lakh shares. The price band is set at ₹135 per share. The tentative listing date on NSE SME is June 3, 2025.
Use of Proceeds
The net proceeds from the fresh issue are proposed to be utilised towards the following objectives:
- ₹1,051.73 lakhs to fund the vehicle purchase and associated body building.
- ₹2,000 lakhs to meet the ongoing working capital needs of the company.
- General corporate purposes
Blue Water Logistics IPO - Overall Subscription Status
(May 29, 2025, end of the day)
|
Category |
Subscription (times) |
|
Qualified Institutional Investors (QIBs) |
14.04 |
|
Non-Institutional Investors |
10.22 |
|
Retail Individual Investors(RIIs) |
6.55 |
|
Total |
6.67 |
Blue Water Logistics IPO GMP Details
As of 30 May 2025, Blue Water Logistics IPO GMP stood at nil. The expected listing price is ₹135.
Source: Business Standard Report dated 30 May, 2025
Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market.
Blue Water Logistics Business Overview
Blue Water Logistics provides logistics and supply chain solutions, including freight forwarding, custom clearance and transportation handling services. The company is registered under the Multimodal Transportation of Goods Act 1993 and operates as a Multimodal Transport Operator.
Their registered office is located in Hyderabad and has five branch offices in Chennai, Delhi, Jaipur, Visakhapatnam and Thane.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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