Iware Supplychain Services IPO bidding was open from April 28, 2025, to April 30, 2025. The basis of allotment will be finalised today, May 2, 2025, with a tentative listing at NSE SME on May 6, 2025.
Iware Supplychain Services IPO is a fixed price issue of 27.13 crores, comprising entirely a fresh issue of 28.56 lakh shares. The price band is set at ₹95 per share. The tentative listing date on NSE SME is May 6, 2025.
GetFive Advisors Private Limited is the book-running lead manager for the issue, while Kfin Technologies Limited is serving as the registrar and Smc Global Securities Ltd as the market maker.
The net proceeds from the fresh issue will be used to fund the capital expenditure requirement, working capital requirements, and general corporate purposes.
(April 30, 2025, End of Day)
Investor Category |
Subscription (Times) |
Qualified Institutional Investors(QIBs) |
NIL |
Non-Institutional Investors (NIIs) |
2.75 |
Retail Individual Investors (RIIs) |
3.28 |
Total |
2.87 |
As of May 2, 2025, the GMP for Iware Supplychain Services IPO stood at ₹2. This indicates that shares are trading at ₹97 in the grey market.
Source: InvestorGain Media Report dated May 2, 2025
Disclaimer: The GMP (Grey Market Premium) price is unauthenticated market-related news and has no discernible basis. The same quoted above is as per news that 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 do we recommend or endorse trading in the grey market.
Iware Supplychain is a logistics company that operates in five different types of services: Warehousing, Transportation (Including Carrying and forwarding Agent), Rake Handling Services, Business Auxiliary Services (v), and Rental Income.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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