Iware Supplychain Services Ltd Summary
Iware Supplychain Services Limited was originally incorporated as a Private Limited Company dated January 17, 2018 with the Central Registration Centre and changed the status into a Public Limited Company dated November 27, 2024 with certificate obtained from the Central Processing Centre. Iware Supplychain Services Limited is an integrated pan India logistics company primarily operating in five different type of services (i) Warehousing (including third-party logistics (3PL) and Carrying & Forwarding Agent), (ii) Transportation (Including Carrying & Forwarding Agent) (iii) Rake Handling Services and (iv) Business Auxiliary Services (v) Rental Income. operate through the network of various business offices situated in the state of Gujarat, West Bengal, Uttar Pradesh, Rajasthan, Punjab, Haryana and Delhi.The fleets include 47 owned vehicles, and any further requirements are outsourced either on lease from third party or from the Promoter Group Company.
Company work with clients across various industries, including Fast Moving Consumer Goods (FMCG), Auto components, Sanitary-ware and many more. This shows the strength of the Company handling and providing end to end logistic solutions to different industries. The technological systems that Company uses for managing the logistics operations are provided by clients to improve the service quality, consistency and increase the operating efficiency.
Apart from this, the Company provide transportation services through two modes: Road Transport -Own Vehicle Fleet and Rail Transport - Rake Handling Services. The Company operate a fleet of 47 vehicles, each with a National Permit, enabling unrestricted movement across different regions of India. This allows for flexible and efficient goods transportation via roadways.
It also facilitate rake handling services by hiring rail cargo for bulk transportation. This service includes overseeing the loading and unloading process, ensuring smooth and efficient goods movement between regions through the railway networkThe Company came up with the Initial Public Offer of 28,56,000 Equity Shares having the Face Value of Rs 10 each by raising funds aggregating to Rs 27.13 Crore in April, 2025.In 2026, the Company expanded its branch network to over 50 operational locations and the fleet strength increased to 165 vehicles, which improved the transportation services. It completed the warehouse project at Samakhiyali, Gujarat, added new warehouse capacities at Bhimsar and Gandhidham in Gujarat, Balotra in Rajasthan, and expanded its presence at Nagpur, Aurangabad and the Delhi region.
The Company was appointed as the Strategic Alliance Management Operator (SAMO) for the Container Freight Station at Kandla by Central Warehousing Corporation (CWC), marking its entry into container freight station operations. The Company has undertaken its first container rake movement with CWC, completed its first rail movement of bitumen and further strengthened its rail linked warehousing and rake handling capabilities across key logistics corridor. Company acquired the business of AKT Logistics LLP, via slump sale to enhance the integrated logistics and operation capacities.