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Blue Water Logistics IPO is a book-built issue worth Rs 40.5 crore, comprising a completely fresh issuance of 30 lakh equity shares.
The price band for the Blue Water Logistics IPO has been set between Rs 132 and Rs 135 per share.
Retail investors can apply for a minimum of 1,000 shares, amounting to a bidding value of at least Rs 1.32 lakh.
Of the 21,65,000 shares on offer, 5,59,000 (25.82%) are allocated to Qualified institutional investors, 4,40,000 (20.32%) are allocated to Non-Institutional investors, and 10,10,000 (46.65%) are allocated to Retail investors.
Smart Horizon Capital Advisors Pvt. is the book-running lead manager for the Blue Water Logistics IPO, with Maashitla Securities Pvt. serving as the registrar. Shreni Shares Ltd has been designated as the market maker for the NSE SME IPO.
The Blue Water Logistics IPO allotment status is expected to be finalised on May 30. This will be followed by the initiation of refunds to unsuccessful applicants and the transfer of shares to the Demat accounts of successful applicants on June 2.
The company’s shares are tentatively slated to be listed on the NSE SME platform on Tuesday, June 3.
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