Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Shipwaves Online IPO vs Shivashrit Foods IPO

Comparison between Shipwaves Online IPO and Shivashrit Foods IPO.

IPO Details

Shipwaves Online IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Shivashrit Foods IPO is a SME Bookbuilding proposed to list at NSE SME.

 Shipwaves Online IPOShivashrit Foods IPO
LogoShipwaves Online IPO LogoShivashrit Foods IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersFinshore Management Services Ltd.Mark Corporate Advisors Pvt.Ltd.
RegistrarCameo Corporate Services Ltd.Maashitla Securities Pvt.Ltd.
Market MakerAsnani Stock Broker Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL

Issue Size and Price

The total issue size of Shipwaves Online IPO is up to ₹0.00 Cr whereas the issue size of the Shivashrit Foods IPO is up to ₹66.51 Cr. The final issue price of Shipwaves Online IPO is ₹15.00 per share and of Shivashrit Foods IPO is ₹142.00 per share.

 Shipwaves Online IPOShivashrit Foods IPO
Face Value₹1 per share₹10 per share
Issue Price (Lower)₹135.00 per share
Issue Price (Upper)₹142.00 per share
Issue Price (Final)₹15.00 per share₹142.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size8000 shares1000 shares
Fresh Issue Size4,69,60,000 shares40,68,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹57.77 Cr
OFS Issue Size0 shares6,16,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹8.75 Cr
Issue Size Total0 shares46,84,000 shares
Issue Size Total (Amount)up to ₹0.00 Crup to ₹66.51 Cr

IPO Timetable

Shipwaves Online IPO opens on , while Shivashrit Foods IPO opens on Aug 22, 2025. The closing date of Shipwaves Online IPO and Shivashrit Foods IPO is , and Aug 26, 2025, respectively.

 Shipwaves Online IPOShivashrit Foods IPO
Anchor Bid DateAug 21, 2025
Issue OpenAug 22, 2025
Issue CloseAug 26, 2025
Basis Of Allotment (Tentative)Aug 28, 2025
Initiation of Refunds (Tentative)Aug 29, 2025
Credit of Share (Tentative)Aug 29, 2025
Listing date (Tentative)Sep 01, 2025
Anchor Lockin End date 1Sep 27, 2025
Anchor Lockin End date 2Nov 26, 2025

Financials & KPIs

Shipwaves Online IPO P/E ratio is 22.54, as compared to Shivashrit Foods IPO P/E ratio of 16.44.

 Shipwaves Online IPOShivashrit Foods IPO
Financials

Shipwaves Online Limited Financial Information (Restated Consolidated)

Period Ended30 Sep 202431 Mar 2024
Assets65.853.98
Total Income45.8197.28
Profit After Tax6.286.29
Net Worth20.3714.82
Reserves and Surplus10.925.37
Total Borrowing24.8224.14
Amount in ₹ Crore
EBITDA
Promoter Shareholding (Pre-Issue)99.96100.00
Promoter Shareholding (Post-Issue)66.7373.01
P/E Ratio22.5416.44
Market Cap₹212.24 Cr.₹259.42 Cr.
ROE48.34%42%
ROCE22.78%42.73%
Debt/Equity1.631.39
EPS₹0.67₹8.64
RoNW39.38%34.85%

Shares Offered

In the Shipwaves Online IPO Retail Individual Investors (RII) are offered while in Shivashrit Foods IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Shipwaves Online IPO and 9,36,000 shares in Shivashrit Foods IPO.

 Shipwaves Online IPOShivashrit Foods IPO
Anchor Investor Reserveration14,03,000 shares
Market Maker Reserveration23,52,000 shares2,48,000 shares
QIB9,36,000 shares
NII7,05,000 shares
RII16,40,000 shares
Employee0 shares
Others
Total46,84,000 shares

Bids Received (Subscription)

Shipwaves Online IPO subscribed in total, whereas Shivashrit Foods IPO subscribed 2.89x.

 Shipwaves Online IPOShivashrit Foods IPO
QIB (times)1.59x
NII (times)5.16x
Big NII (times)6.38x
Small NII (times)2.73x
RII (times)2.65x
Employee (times)
Other (times)
Total (times)2.89x