Jayesh Logistics IPO vs Shipwaves Online IPO

Comparison between Jayesh Logistics IPO and Shipwaves Online IPO.

IPO Details

Jayesh Logistics IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shipwaves Online IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Jayesh Logistics IPO is up to ₹27.17 Cr whereas the issue size of the Shipwaves Online IPO is up to ₹53.53 Cr. The final issue price of Jayesh Logistics IPO is ₹122.00 per share and of Shipwaves Online IPO is ₹12.00 per share.

 Jayesh Logistics IPOShipwaves Online IPO
Face Value₹10 per share₹1 per share
Issue Price (Lower)₹116.00 per share
Issue Price (Upper)₹122.00 per share
Issue Price (Final)₹122.00 per share₹12.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1000 shares10000 shares
Fresh Issue Size22,27,000 shares4,46,10,000 shares
Fresh Issue Size (Amount)up to ₹27.17 Crup to ₹53.53 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total22,27,000 shares4,46,10,000 shares
Issue Size Total (Amount)up to ₹27.17 Crup to ₹53.53 Cr

IPO Timetable

Jayesh Logistics IPO opens on Oct 27, 2025, while Shipwaves Online IPO opens on Dec 10, 2025. The closing date of Jayesh Logistics IPO and Shipwaves Online IPO is Oct 29, 2025, and Dec 12, 2025, respectively.

 Jayesh Logistics IPOShipwaves Online IPO
Anchor Bid DateOct 24, 2025
Issue OpenOct 27, 2025Dec 10, 2025
Issue CloseOct 29, 2025Dec 12, 2025
Basis Of Allotment (Tentative)Oct 30, 2025Dec 15, 2025
Initiation of Refunds (Tentative)Oct 31, 2025Dec 16, 2025
Credit of Share (Tentative)Oct 31, 2025Dec 16, 2025
Listing date (Tentative)Nov 03, 2025Dec 17, 2025
Anchor Lockin End date 1Nov 29, 2025
Anchor Lockin End date 2Jan 28, 2026

Financials & KPIs

Jayesh Logistics IPO P/E ratio is 10.75, as compared to Shipwaves Online IPO P/E ratio of 9.3.

 Jayesh Logistics IPOShipwaves Online IPO
Financials

Company Financials (Restated Consolidated)

Jayesh Logistics Ltd.'s revenue increased by 27% and profit after tax (PAT) rose by 128% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets65.2258.8847.5221.86
Total Income25.25112.0388.3060.37
Profit After Tax2.027.203.161.09
EBITDA4.3016.9310.404.78
NET Worth19.3517.338.024.86
Reserves and Surplus13.0110.997.464.30
Total Borrowing29.6527.9927.1012.19
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Shipwaves Online Ltd.'s revenue increased by 12% and profit after tax (PAT) rose by 94% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets98.3781.8653.9826.43
Total Income41.71108.6597.2869.49
Profit After Tax4.6812.206.292.24
EBITDA7.8918.9611.044.06
NET Worth30.7725.8714.82-1.31
Reserves and Surplus21.3216.425.37-0.41
Total Borrowing40.0434.5224.148.89
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)97.5799.96
Promoter Shareholding (Post-Issue)71.2266.73
P/E Ratio10.759.3
Market Cap₹106.04 Cr.₹169.79 Cr.
ROE56.7750.85
ROCE27.2325.79
Debt/Equity1.611.33
EPS₹11.34₹1.29
RoNW56.7741.89

Shares Offered

In the Jayesh Logistics IPO Retail Individual Investors (RII) are offered 7,80,000 shares while in Shipwaves Online IPO retail investors are offered 7,80,000 shares. Qualified Institutional Buyers (QIB) are offered 5,56,000 shares in Jayesh Logistics IPO and 0 shares in Shipwaves Online IPO.

 Jayesh Logistics IPOShipwaves Online IPO
Anchor Investor Reservation5,56,000 shares0 shares
Market Maker Reservation1,20,000 shares23,50,000 shares
QIB5,56,000 shares0 shares
NII3,35,000 shares2,23,00,000 shares
RII7,80,000 shares2,23,10,000 shares
Employee0 shares0 shares
Others
Total22,27,000 shares4,46,10,000 shares

Bids Received (Subscription)

Jayesh Logistics IPO subscribed 65.59x in total, whereas Shipwaves Online IPO subscribed 1.64x.

 Jayesh Logistics IPOShipwaves Online IPO
QIB (times)40.86x
NII (times)138.75x0.36x
Big NII (times)171.43x
Small NII (times)72.80x
RII (times)51.79x2.92x
Employee (times)
Other (times)
Total (times)65.59x1.64x

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