Comparison between Kanone Technologies IPO and Shipwaves Online IPO.
Kanone Technologies IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shipwaves Online IPO is a SME Fixed Price proposed to list at BSE SME.
The total issue size of Kanone Technologies IPO is up to ₹0.00 Cr whereas the issue size of the Shipwaves Online IPO is up to ₹53.53 Cr. The final issue price of Kanone Technologies IPO is and of Shipwaves Online IPO is ₹12.00 per share.
| Kanone Technologies IPO | Shipwaves Online IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹1 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹12.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 10000 shares | |
| Fresh Issue Size | 40,68,000 shares | 4,46,10,000 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹53.53 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 40,68,000 shares | 4,46,10,000 shares |
| Issue Size Total (Amount) | up to ₹0.00 Cr | up to ₹53.53 Cr |
Kanone Technologies IPO opens on , while Shipwaves Online IPO opens on Dec 10, 2025. The closing date of Kanone Technologies IPO and Shipwaves Online IPO is , and Dec 12, 2025, respectively.
| Kanone Technologies IPO | Shipwaves Online IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Dec 10, 2025 | |
| Issue Close | Dec 12, 2025 | |
| Basis Of Allotment (Tentative) | Dec 15, 2025 | |
| Initiation of Refunds (Tentative) | Dec 16, 2025 | |
| Credit of Share (Tentative) | Dec 16, 2025 | |
| Listing date (Tentative) | Dec 17, 2025 | |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Kanone Technologies IPO P/E ratio is , as compared to Shipwaves Online IPO P/E ratio of 9.3.
| Kanone Technologies IPO | Shipwaves Online IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated Standalone)
| 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.
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| Promoter Shareholding (Pre-Issue) | 100 | 99.96 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 66.73 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹169.79 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 71.25 | 50.85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 86.53 | 25.79 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.12 | 1.33 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 71.25 | 41.89 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Kanone Technologies IPO Retail Individual Investors (RII) are offered while in Shipwaves Online IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Kanone Technologies IPO and 0 shares in Shipwaves Online IPO.
| Kanone Technologies IPO | Shipwaves Online IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 23,50,000 shares | |
| QIB | 0 shares | |
| NII | 2,23,00,000 shares | |
| RII | 2,23,10,000 shares | |
| Employee | 0 shares | |
| Others | ||
| Total | 4,46,10,000 shares |
Kanone Technologies IPO subscribed in total, whereas Shipwaves Online IPO subscribed 1.64x.
| Kanone Technologies IPO | Shipwaves Online IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 0.36x | |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.92x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.64x |
