Iware Supplychain Services is a pan-India logistics company that thinks of itself as a “day-care for cargo” - goods are safeguarded from origin to destination under one roof. Born from the Inter India Roadways group and listed on the NSE’s SME platform in May 2025, it has grown from a regional transporter into an integrated supply-chain partner that combines warehousing, road and rail transport, and port-side operations. The recurring approach is to stitch these pieces together into end-to-end contracts for large industrial customers, so the company handles everything from factory gate to final delivery. # Business segments A single integrated supply-chain engine built around three interlocking services - warehousing and third-party logistics, multimodal transport, and port-terminal operations - that together let industrial customers outsource their entire logistics function. ## 1. Warehousing and third-party logistics: the anchor that holds the cargo **The company stores, handles and dispatches goods for manufacturers, acting as their outsourced stockroom and shipping desk - often inside their own supply chains as a named agent.** - **Carrying and forwarding agent for big industry** - it runs warehouses and manages dispatch for companies like Shakti Pumps (at Balotra, Rajasthan) and Bunge India, where it handles edible oil, fats and bakery shortenings under a three-year contract that pays fixed charges plus manpower and handling fees. - **Inventory handling, not just storage** - the service covers the full loop: receiving goods, managing stock levels, picking orders and arranging onward dispatch, which turns a passive warehouse into an active distribution hub for B2B customers ranging from MSMEs to large corporates. - **Port-side warehousing at Kandla** - it was appointed as a Strategic Alliance Management Operator at Central Warehousing Corporation’s Container Freight Station at Kandla Port, a six-year contract that pays a fixed minimum annual fee plus variable charges linked to every container (TEU) handled and a revenue share. ## 2. Multimodal transport: moving the box by road and rail **The company runs a dedicated fleet and buys space on trains to move containerised cargo, hazardous chemicals and bulk commodities across the country on fixed per-tonne contracts.** - **Road fleet with a rail add-on** - it operates its own transport fleet and rake-handling units, which lets it offer customers a choice between road and rail depending on cost and urgency, rather than being locked into one mode. - **Edible oil on rails** - under a multimodal agreement with Emami Agrotech, it moves containerised edible oil from the Kandla plant to depots and customers using 20 ft and 40 ft containers on both rail and road networks, paid at fixed per-metric-tonne rates for each destination. - **Hazardous chemicals and tea** - it hauls hazardous and non-hazardous chemical goods for Mitsui Chemicals India and transports tea for Wagh Bakri Group from Gujarat to Hyderabad, both on fixed per-tonne trip rates with fuel-price variation clauses. - **India’s first rail shipment of bitumen** - in partnership with Central Warehousing Corporation, it rolled out the country’s first rail movement of bitumen from Gandhidham to Guwahati, with roughly 2,000 metric tonnes planned for the first phase, involving specialised handling and storage of the road-construction material. ## 3. Port-terminal and allied operations: the gateway service **At Kandla Port, the company runs logistics and handling inside a government-owned container freight station - a six-year concession that turns port traffic into a recurring revenue stream.** - **Container freight station operator** - as the Strategic Alliance Management Operator at CWC’s Kandla CFS, it manages logistics, cargo handling and allied operations, earning a fixed minimum fee plus throughput-linked charges based on the number of containers processed. - **Feeds the transport engine** - containers that pass through the Kandla CFS can flow directly onto the company’s own rail and road network, so a customer’s import or export cargo can be warehoused, cleared and moved inland without changing hands. # Group structure and partners **The company is part of the Inter India Roadways group, has no subsidiaries, and recently absorbed a sister logistics firm to consolidate its operations.** - **Holding company and sister concerns** - Inter India Roadways Private Limited is the holding company; related parties include Edisafe Logistics (a sister concern), AKT Logistics LLP, Active Cargo Carriers and Gandhidham Buildspace Private Limited, with whom it has ongoing transactions for services, leasing and agency appointments. - **AKT Logistics acquisition** - in March 2026, shareholders approved the purchase of AKT Logistics LLP’s entire business on a slump-sale, going-concern basis for a lump sum of ₹50 lakh in cash, effective January 2026; AKT Logistics had audited turnover of roughly ₹77 crore in FY25 and brings additional logistics and supply-chain operations under common control. - **No subsidiaries or joint ventures** - the company operates as a single entity without any subsidiary or associate companies, keeping the structure simple and the business under one listed vehicle.