Shipwaves Online Ltd IPO
Issue Price
₹12
GMP
—
Lot Size
10,000
Face Value
₹1
Issue Size
46,960,000 shares (aggregating up to ₹56 Cr)
Subscription
—
IPO Timeline
Open Date10-Dec-25
Close Date12-Dec-25
Allotment15-Dec-25
Refund Initiation16-Dec-25
Demat Credit16-Dec-25
UPI Mandate Deadline12-Dec-25
Listing Date17-Dec-25
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 22,300,000 (47%) | — | ₹2,676 Cr |
| Retail | — | 22,310,000 (48%) | — | ₹2,677 Cr |
| Market Maker | — | 2,350,000 (5%) | — | ₹28 Cr |
| Σ Total | — | 46,960,000 (100%) | — | ₹56,352 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Issue Price / Price Band₹12
Face Value₹1
Lot Size10,000 shares
Issue Size46,960,000 shares (aggregating up to ₹56 Cr)
Issue TypeFixed Price IPO
Listing ExchangeBSE SME
Sale TypeFresh Capital
Script Code—
Net Offer to Public44,610,000 shares (aggregating up to ₹54 Cr)
Amount In₹ Crore
Stock Price History · BSE
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Yahoo Finance · Live
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹120,000 |
| Retail (Max) | 13 | 130,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 140,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 670,000 | ₹8,040,000 |
Retail2 lot(s)20,000 shares₹240,000
S-HNI3 lot(s)₹360,000 shares₹360,000
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 109 | 97 | 69 |
| EBITDA | 19 | 11 | 4 |
| Profit After Tax | 12 | 6 | 2 |
| Net Worth | 26 | 15 | -1 |
| Total Assets | 82 | 54 | 26 |
| Reserves & Surplus | 16 | 5 | 0 |
| Total Borrowing | 35 | 24 | 9 |
Valuation & Key Ratios
ROE51%
ROCE26%
RONW42%
PAT Margin10%
EBITDA Margin18%
Debt/Equity1
P/BV4
Pre EPS₹1
Post EPS₹1
Pre P/E9
Post P/E14
Grey Market Premium (GMP)
—
Current GMP
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To meet Working Capital Requirements of Issuer Company – 17.13
- Investment in Subsidiary for funding its working capital requirements – 10
- Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Issuer Company – 15
- Issue Related Expenses – 5.77
- General Corporate Expenses – 8.45
Company Overview
Incorporated in 2015, Shipwaves Online Limited is engaged in the business of digital freight forwarding and enterprise SaaS solutions.
The company offers a unified platform for shipping and logistics, providing multimodal transportation solutions ocean, land, and air ensuring efficient, cost-effective, and reliable global shipment management.
Services:
- Digital Freight Forwarding:Leveraging advanced technology to streamline logistics processes, providing end-to-end support for global shipments.
- Enterprise SaaS Solutions:Offering software solutions that digitalize shipping and logistics, delivering real-time data insights to enhance operational efficiency.
- Other Services: The company offers trade finance, insurance, warehousing, customs clearance, and relocation services for secure, efficient global logistics.
As of the February 28, 2025, the company has 35 employees on payroll.
Competitive Strengths:
- Experienced Promoters and Qualified Management Team
- Innovative Software: Revolutionizing Logistics Solutions
- Commitment to Cost Efficiency and Excellence in Logistics
- Diverse Customer Base Across Many Sectors
- Comprehensive and Customized Third-Party Logistics Solutions
Company Information
Address8-2-16/4(3), 3rd Floor, Mukka Corporate House 1st cross, Attavara, Dakshina Kannada Mangaluru, Karnataka, 575001
Phone+91 95381 49978
Websitehttp://www.shipwaves.com/