Shipwaves Online
September 30, 2025 – October 6, 2025
| Price | ₹12 - ₹12 |
| GMP Rumors * | ₹0 |
|---|---|
| Lot size | 10000 |
| Allotment | Oct 7, 2025 |
| Listing | Oct 9, 2025 |
Shipwaves Online Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| INDIVIDUAL | 2 | 20000 | 240000 | 0 |
| HNI | 3 | 30000 | 360000 | 0 |
Shipwaves Online Reservation
| Category | Shares Offered | % |
|---|---|---|
| Total | 0 | 100% |
Shipwaves Online About
Shipwaves Online IPO Details
| Issue Size | 4,69,60,000 shares (aggregating up to ₹56.35 Cr) |
| Fresh Issue | 4,69,60,000 shares (aggregating up to ₹56.35 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 9,45,35,000 shares |
| Share Holding Post Issue | 14,14,95,000 shares |
| Reserved for Market Maker | 23,50,000 shares (aggregating up to ₹2.82 Cr) |
Shipwaves Online IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net Issue |
| NII Shares Offered | 50% of the Net Issue |
Key Performance Indicators (KPI)
Details will be added soon.Company Financials In Crores
| Period | 30 Sep 2024 | Mar 2024 |
|---|---|---|
| Assets | 65.80 | 53.98 |
| Income | 45.81 | 97.28 |
| Profit | 6.28 | 6.29 |
| EBITDA | 4.65 | 4.48 |
| NET Worth | 20.37 | 14.82 |
| Reserves | 10.92 | 5.37 |
| Borrowing | 24.82 | 24.14 |
Company Overview
Shipwaves Online Limited, founded in 2015, is a technology-driven company operating in the logistics sector. Its core focus is on digital freight forwarding and providing Enterprise SaaS solutions.
Core Services and Operations:
The company's main offering is an integrated digital platform that manages multimodal transportation via sea, land, and air. This platform aims to make global shipment management more efficient, cost-effective, and reliable. The services are broadly categorized into:
Digital Freight Forwarding: Using advanced technology to streamline and optimize international logistics processes.
Enterprise SaaS Solutions: Offering software that digitizes shipping and logistics operations, providing real-time data to enhance decision-making and efficiency.
Ancillary Services: A suite of supporting services including trade finance, insurance, warehousing, customs clearance, and relocation to provide end-to-end logistics solutions.
Scale and Workforce:
As of February 28, 2025, the company has a team of 35 employees.
The Company Shipwaves Online IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
To meet the Working Capital Requirements of the Issuer Company, for which 28.467 Crores is allocated.
An investment in a Subsidiary for funding its working capital requirements, amounting to 10.000 Crores.
The repayment and/or pre-payment, in full or part, of certain borrowings availed by the Issuer Company, for which 15 Crores is allocated.
To cover Issue Related Expenses, which are expected to be 6.9 Crores.
Finally, an amount of 10 Crores is allocated for General Corporate Expenses.
Strength
Experienced founding & management team – provides strategic vision and industry expertise.
Innovative software-driven logistics solutions – helps modernize and differentiate services.
Focus on cost efficiency & service excellence – enhances competitiveness and customer trust.
Weakness
Ongoing legal proceedings – adverse outcomes may affect financial and operational health.
Dependence on leased premises – may pose continuity and cost risks.
Reliance on few key suppliers – disruptions could impact operations and service delivery.
Shipwaves Online Lead Manager(s)
Shipwaves Online Address
18-2-16/4(3), 3rd Floor,
Mukka Corporate House 1st cross,
Attavara, Dakshina Kannada
Mangaluru, Karnataka, 575001
Phone: +91 95381 49978
Email: secretarial@shipwaves.com
Website: http://www.shipwaves.com/
Shipwaves Online Registrar
Shipwaves Online Reviewers
| Reviewer | Recommendation | File |
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