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flag Blue Water Logistics sets IPO price range, aiming to raise funds for growth and new vehicles.

flag Blue Water Logistics, a logistics and supply chain company, has set a price range of ₹132-135 per share for its ₹40.5-crore IPO, open from May 27 to May 29. flag The funds raised will be used for capital expenditure, working capital, and purchasing 20 new vehicles. flag Founded in 2010, the company reported a revenue of ₹196.18 crore and a profit of ₹10.67 crore for the fiscal year ending March 2025.

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