May 27, 2025: Blue Water Logistics Limited, a Hyderabad-headquartered multimodal transport operator, has successfully completed its Anchor book subscription, raising ₹11.27 crore through the sale of 8.35 Lakh equity shares priced at ₹135/- each.

A group of marquee investors, including India Equity Fund 1, Vikasa India EIF I Fund – Incube Global Opportunities, Grobiz SME Opportunity Fund, Evergrow Capital Opportunities Fund, Paradise Moon Investment Fund-I, and Craft Emerging Market Fund PCC- Elite Capital Fund subscribed to the anchor book.

While India Equity Fund 1 subscribed a major portion of the anchor book with 46.23%, Craft Emerging Market Fund PCC- Elite Capital Fund subscribed 17.84%, and Vikasa India EIF I Fund – Incube Global Opportunities, Grobiz SME Opportunity Fund, Evergrow Capital Opportunities Fund, Paradise Moon Investment Fund-I subscribed 8.98% each of the anchor book portion.

The Hyderabad-based company’s IPO begins today, May 27, and will conclude on Thursday, May 29, 2025. Blue Water Logistics Limited is planning to raise approximately ₹40.5 crore from the offering. The company intends to utilise ₹10.51 crore of the total IPO proceeds for funding of capital expenditure requirements for purchasing vehicles and their body building and ₹20 crore for funding working capital requirements of the company. The remaining capital will be used for general corporate purposes.

The price band of the issue is ₹132-135/- per equity share with a face value of ₹10/- apiece. The company’s IPO comprises a fresh issue of 30 Lakh Equity Shares with a face value of ₹10/- through the book-building route. Smart Horizon Capital Advisors Private Limited is the sole Book Running Lead Manager and Maashitla Securities Private Limited is the Registrar to the Issue.