Shipwaves Online
BSE SMEGMP is market estimated & subject to change. Not a guaranteed listing price.
Shipwaves Online IPO Issue Details
| Issue Price | ₹12 per equity share |
| Face Value | ₹1 Per Equity Share |
| Total Issue Size | 4,69,60,000 shares(aggregating up to ₹56.35 crore) |
| Fresh Share | N/A |
| Offer For Sale | N/A |
| Listing at | BSE SME |
| List Price | N/A |
| Listing Date | 2025-12-17 |
| Lead Manager | Finshore Management Services Ltd. |
| Registrar | Cameo Corporate Services Ltd. |
Shipwaves Online IPO Live Subscription
Last Updated: 12 Dec, 13:41Total Subscription
1.70 x
Based on live data from BSE/NSE
Shipwaves Online IPO Subscription Analysis And Details
| Day / Date | QIB | NII (HNI) bNII (>10L) sNII (<10L) | Retail | Total |
|---|---|---|---|---|
| Shares Offered reserved quota | 2,23,00,000 | 2,23,10,000 1,48,73,333 74,36,666 | - | 4,46,10,000 |
Day 110 Dec 2025 | 0.23 xx | 0.67 - - | -x | 0.45 xx |
Day 211 Dec 2025 | 0.38 xx | 1.76 - - | -x | 1.07 xx |
Day 312 Dec 2025 | 0.47 xx | 2.92 - - | -x | 1.70 xx |
Total Applications
3,458
Retail Subscription
Shipwaves Online IPO Financial Scorecard
Shipwaves Online IPO Peer Comparison
Shipwaves Online IPO Financial Results
| Metric | 30-Sep-25 | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 |
|---|---|---|---|---|
| Assets | 98.37 | 81.86 | 53.98 | 26.43 |
| Revenue | 41.71 | 108.65 | 97.28 | 69.49 |
| Profit After Tax | 4.68 | 12.20 | 6.29 | 2.24 |
| Net Worth | 30.77 | 25.87 | 14.82 | -1.31 |
| Reserves & Surplus | 21.32 | 16.42 | 5.37 | -0.41 |
| Total Borrowing | 40.04 | 34.52 | 24.14 | 8.89 |
* In Cr.
IPO Timeline
IPO Open
10 Dec 2025
IPO Close
12 Dec 2025
Allotment
15 Dec 2025
Refunds
16 Dec 2025
TODAYDemat Credit
17 Dec 2025
Listing
17 Dec 2025
IPO Open
10 Dec 2025
IPO Close
12 Dec 2025
Allotment
15 Dec 2025
Refunds
16 Dec 2025
Expected TodayDemat Credit
17 Dec 2025
Listing
17 Dec 2025
Shipwaves Online IPO Lot Size & Application
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 20000 | ₹2,40,000 |
| Retail (Max) | 0 | 0 | ₹0 |
| S-HNI (Min) | 1 | 20000 | ₹2,40,000 |
| S-HNI (Max) | 4 | 80000 | ₹9,60,000 |
| B-HNI (Min) | 5 | 100000 | ₹12,00,000 |
Shipwaves Online IPO About Company
Incorporated in 2015, Shipwaves Online Limited deals with digital freight forwarding and enterprise SaaS solutions.
With a single platform for shipping and logistics, multimodal ocean, land, and air transportation solutions are offered ensuring effective, economical, and reliable global shipment management.
Services:
Digital Freight Forwarding:Utilizing advanced technology to make logistics smooth, offering end-to-end solutions for global shipments.
Enterprise SaaS Solutions:Providing software solutions that digitize shipping and logistics, providing real-time data insights to maximize operating efficiency.
Other Services: The firm provides trade finance, insurance, warehousing, customs clearance, and relocation services for secure, efficient global transportation.
As of February 28, 2025, the firm employs 35 people on the payroll.
Shipwaves Online IPO Share Holding
Pre Issue
99.96%
Post Issue
66.73%
Promoters
Shipwaves Online IPO Where is the money going?
- 1
To meet Working Capital Requirements of Issuer Company
- 2
Investment in Subsidiary for funding its working capital requirements
- 3
Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Issuer Company
- 4
General Corporate Expenses
COMPANY
Shipwaves Online
18-2-16/4(3), 3rd Floor, Mukka Corporate House 1st Cross, Attavara, Dakshina Kannada, Mangaluru, Karnataka, 575001
PHONE
+91 95381 49978
REGISTRAR
Cameo Corporate Services Limited
Common Questions
To decide on investing in Shipwaves Online, consider its financial health. The company reported a revenue of {"30-Sep-25": "41.71", "31-Mar-25": "108.65", "31-Mar-24": "97.28", "31-Mar-23": "69.49"} and a profit after tax of {"30-Sep-25": "4.68", "31-Mar-25": "12.20", "31-Mar-24": "6.29", "31-Mar-23": "2.24"}. It has a P/E ratio of 9.3 and a RoNW of 41.89%%. Always review the RHP and consult a financial advisor before investing.
Based on the latest Grey Market Premium (GMP) of ₹0, the expected listing price is around ₹12 per share. This suggests a potential listing gain of approx 0%. (Note: GMP is volatile and not a guarantee).
The IPO opens for subscription on 10 Dec, 2025 and closes on 12 Dec, 2025. The allotment status will be finalized by 15 Dec, 2025, and listing is expected on 17 Dec, 2025.
Retail investors need to apply for a minimum of 1 lot (10000 shares) which requires an investment of ₹1,20,000. For HNI investors, the minimum investment is 2 lots (20000 shares) amounting to ₹2,40,000.
You can check the allotment status on the registrar's website (Cameo Corporate Services Ltd.) or via the BSE/NSE website once the allotment is finalized on 15 Dec, 2025.
The price band for Shipwaves Online IPO is set at ₹12 to ₹12 per share.
The minimum market lot (lot size) for Shipwaves Online IPO is 10000 shares. Retail investors can apply for up to 1 lots (10000 shares or ₹1,20,000).
The issue is divided into categories: Qualified Institutional Buyers (QIB) get N/A%, Non-Institutional Investors (NII/HNI) get N/A%, and Retail investors are allocated N/A% of the shares.