1.Company Information
Incorporated in 2018, iWare Supply Chain Services Limited is pan-India integrated logistics company providing a wide range of services including warehousing (with third-party logistics (3PL) and carrying & forwarding agent operations), transportation, rake handling services, business auxiliary services, and rental income operating across multiple states in India like Gujarat, West Bengal, Uttar Pradesh, Rajasthan, Punjab, Haryana, and Delhi essentially offering comprehensive supply chain management solutions through their extensive network across the country.
The company offers services in multiple states, including Gujarat, West Bengal, Uttar Pradesh, Rajasthan, Punjab, Haryana, and Delhi, ensuring comprehensive coverage and reliable service delivery.
The company offers logistics support and solutions through its extensive network and integrated services across India.
As of anuary 2025, iWare's fleet has grown from 15 vehicles in the financial year 2022 to 47 vehicles, comprising 15 units of 22-feet open-body trucks and the remaining 32-feet containers.
iWare's extensive network supports FMCG, pharmaceuticals, retail, and e-commerce industries.
The company operates over 100 BCN rakes annually, transporting approximately 220,000 metric tons of goods annually.
iWare's extensive road fleet includes 500 company-owned trucks and access to an additional 10,000 vehicles through partnerships. The company offers flexible transport solutions, such as Full Truck Load (FTL), Half Truck Load (HTL), and containerized options, catering to diverse business needs.
2. Strenghts
1) Pan-India Presence – The company has an extensive network across multiple states, ensuring broad geographical coverage and seamless logistics services.
2) Diverse Service Offerings – iWare provides end-to-end logistics solutions, including warehousing, transportation, rack handling, business auxiliary services, and rental income, making it a one-stop solution for supply chain management.
3) Integrated Multimodal Transportation – With both road and rail logistics solutions, including its association with Indian Railways' BCN rake services, iWare ensures cost-efficient and reliable goods transportation.
4) Strong Fleet & Infrastructure – iWare operates a growing fleet of company-owned and partnered vehicles, along with strategically located warehouses, ensuring efficient cargo handling.
5) Technology-Driven Operations – The company leverages digital tools for real-time tracking, route optimization, and inventory management, enhancing operational efficiency.
6) Industry Expertise – iWare is backed by experienced promoters with over 20 years of expertise in the logistics sector, ensuring deep industry knowledge and strong business strategies.
7) Strategic Partnerships – The company collaborates with leading corporations like Adani Wilmar and operates large-scale warehouses to cater to high-demand businesses.
8) Focus on Sustainability – With eco-friendly initiatives like CNG-powered trucks and energy-efficient warehouses, iWare is committed to reducing its carbon footprint and supporting green logistics.
9) Expanding Market Reach – iWare is extending its services to Tier II and Tier III cities, enabling small and medium-sized businesses to access high-quality logistics solutions.
10) Government Policy Alignment – The company’s operations align with India's National Logistics Policy and PM Gati Shakti program, positioning it as a key player in the country's logistics growth.
3. Objects of the Issue
The Company Infonative Solutions IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. Objects of the Issue Expected Amount (in Millions)
1. Capital expenditure requirement for the construction of new industrial shed 140.64
2. Funding to meet working capital requirements 68
3. General corporate purposes and Unidentified Acquisitions 3868
4.Iware Supplychain Services Limited IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: investor.ipo@maashitla.com
Website: https://kosmic.kfintech.com/ipostatus/