Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Shipwaves Online Ltd. IPO is a Fixed Price Issue
The equity shares are proposed to be listed on the BSE SME. Finshore Management Services Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Shipwaves Online IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹1 per share |
| Issue Price Band | |
| Issue Price Final | ₹15 per share |
| Lot Size | 8,000 Shares |
| Sale Type | Fresh Capital |
| Reserved for Market Maker | 23,52,000 shares (aggregating up to ₹3.53 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 |
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net Issue |
| NII Shares Offered | 50% of the Net Issue |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Sat, Mar 29, 2025 |
| SEBI/Exchange approval received | Mon, Aug 11, 2025 |
Investors can bid for a minimum of 16,000 shares and in multiples of 8,000 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 16,000 | ₹2,40,000 |
| Individual investors (Retail) (Max) | 2 | 16,000 | ₹2,40,000 |
| HNI (Min) | 3 | 24,000 | ₹3,60,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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:
| Period Ended | 30 Sep 2024 | 31 Mar 2024 |
| Assets | 65.8 | 53.98 |
| Total Income | 45.81 | 97.28 |
| Profit After Tax | 6.28 | 6.29 |
| Net Worth | 20.37 | 14.82 |
| Reserves and Surplus | 10.92 | 5.37 |
| Total Borrowing | 24.82 | 24.14 |
| Amount in ₹ Crore | ||
The market capitalization of Shipwaves Online IPO is ₹212.24 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| ROE | 48.34% |
| ROCE | 22.78% |
| Debt/Equity | 1.63 |
| RoNW | 39.38% |
| PAT Margin | 6.04% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 0.67 | 0.89 |
| P/E (x) | 22.54 | 16.91 |
The Company Shipwaves Online IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (in Millions) |
|---|---|---|
| 1 | To meet Working Capital Requirements of Issuer Company | 284.67 |
| 2 | Investment in Subsidiary for funding its working capital requirements | 100 |
| 3 | Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Issuer Company | 150 |
| 4 | Issue Related Expenses | 69.73 |
| 5 | General Corporate Expenses | 100 |
Shipwaves Online Ltd.
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/
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: ipo@cameoindia.com
Website: https://ipo.cameoindia.com/
Shipwaves Online IPO is a SME IPO of 0 equity shares of the face value of ₹1 aggregating up to ₹[.] Crores. The issue is priced at ₹15 per share. The minimum order quantity is 8000.
The Shipwaves Online IPO open and close dates are not available as of now.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Shipwaves Online IPO using UPI as a payment gateway. Zerodha customers can apply in Shipwaves Online IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Shipwaves Online IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Shipwaves Online IPO dates are not announced. Please check back again after some time.
Shipwaves Online IPO lot size is 8000, and the minimum amount required for application is ₹2,40,000, with 2 lots being the minimum application size.
You can apply in Shipwaves Online IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Shipwaves Online IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Shipwaves Online IPO allotment status.
The Shipwaves Online IPO listing date is not yet announced. The tentative date of Shipwaves Online IPO listing is [.].
Useful Articles
