Company raises ₹11.27 crore from Anchor investors
May 27,2025: Blue Water Logistics Limited, a Hyderabad-headquartered multimodal transport operator,has successfully completed its Anchor book subscription, raising ₹11.27crore throughthe sale of 8.35 Lakhequity 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.
| S No | Name of the Anchor Investor | No. of Equity Shares allocated (at ₹135/- each) | No. of Equity Shares allocated as a % of Anchor Investor portion |
| 01 | India Equity Fund 1 | 3,86,000 | 46.23 |
| 02 | Vikasa India EIF I Fund – Incube Global Opportunities | 75,000 | 8.98 |
| 03 | Grobiz SME Opportunity Fund | 75,000 | 8.98 |
| 04 | Evergrow Capital Opportunities Fund | 75,000 | 8.98 |
| 05 | Paradise Moon Investment Fund-I | 75,000 | 8.98 |
| 06 | Craft Emerging Market Fund PCC- Elite Capital Fund | 1,49,000 | 17.84 |
| Total | 8,35,000 | 100.00% |
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 witha face value of ₹10/-apiece.The company’s IPO comprises a fresh issue of 30 LakhEquity 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.
For more information, please visit: https://bwl.co.in/
