Shipwaves Online IPO
Shipwaves Online is a BSE SME IPO listed on the BSE SME platform, priced at ₹12 per share. The stock debuted at ₹12 with a flat listing performance. The IPO had a lot size of ₹10000 shares and a minimum investment of ₹2,40,000.
Shipwaves Online Limited IPO
- IPO Dates
- Dec 10, 2025 – Dec 12, 2025
- Price band
- ₹12 per equity share
- Minimum Investment
- ₹2,40,000
- Issue size
- ₹56.35 Cr
- Lot size
- 10000
- Allotment Date
- Dec 15, 2025
- Listing
- Dec 17, 2025
- Listing At
- BSE SME
IPO timeline
-
Dec 10, 2025
Open Date
Completed
-
Dec 12, 2025
Close Date
Completed
-
Dec 15, 2025
Allotment Date
Completed
-
Dec 17, 2025
Listing Date
Completed
Shipwaves Online IPO Subscription Details
View Subscription DetailsShipwaves Online IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Shipwaves Online IPO Essentials
Shipwaves Online IPO Details
Shipwaves Online IPO is priced at ₹12 per share with a total issue size of 56.35 crore. The IPO has a lot size of 10000 shares and is listed on BSE SME.
- Issue price
- ₹12 per equity share
- Lot size
- 10000 shares
- Face value
- ₹1 Per Equity Share
- Issue size
- 4,69,60,000 shares(aggregating up to ₹56.35 Cr)
- Total issue size
- 4,69,60,000 shares
(aggregating up to ₹56.35 crore) - Fresh issue
- 4,69,60,000 shares
(aggregating up to ₹56.35 crore) - Listing at
- BSE SME
- List price
- 12.0
- Listing date
- Registrar
- Cameo Corporate Services Ltd.
- Lead manager
-
Finshore Management Services Ltd.
Market Lot Size
Investors can bid for a minimum of 20000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 20000 | ₹2,40,000 |
| Individual(max) | 2 | 20000 | ₹2,40,000 |
| sHNI(min) | 3 | 30000 | ₹3,60,000 |
Shipwaves Online IPO Reservation
Shipwaves Online IPO reservation details show category-wise allocation of shares. Out of the total 46960000 shares, approximately 47.51% for NII, 47.51% for retail investors, and 5.01% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Market Maker Shares Offered | 2350000 (5.01%) | |
| NII (HNI) Shares Offered | 22300000 (47.51%) | 743 |
| Individual Shares Offered | 22310000 (47.51%) | 1116 |
| Total Shares Offered | 46960000 (100%) |
Shipwaves Online IPO Analytics
Shipwaves Online IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Shipwaves Online IPO Subscription Status
Shipwaves Online IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 1.7x, indicating moderate demand across investor categories.
| As on | QIB / NII | Individual | Total |
|---|---|---|---|
| Shares Offered / Reserved | 2,23,00,000 | 2,23,10,000 | 4,46,10,000 |
|
Day 1
10-12-25 05:00 PM
|
(0.23) x | 0.67 x | 0.45 x |
|
Day 2
11-12-25 05:00 PM
|
(0.38) x | 1.76 x | 1.07 x |
|
Day 3
12-12-25 05:00 PM
|
(0.47) x | 2.92 x | 1.70 x |
|
Total No. of Applications
|
bHNI | sHNI | Individual |
|---|---|---|---|
| 3458 (Approx) | 0x | 0x | 2.92x |
Shipwaves Online Valuations
Earnings
- EPS Pre IPO
- ₹1.29/-
- EPS Post IPO
- ₹0.66/-
- P/E Pre IPO
- 9.3
- P/E Post IPO
- 18.12
Returns
- ROE
- 50.85%
- ROCE
- 25.79%
- RoNW
- 41.89%
- PAT Margin
- 10.01%
Fundamentals
- Debt / Equity
- 1.33
- Price / Book
- 4.38
- Market Cap
- 169.79 Cr.
Shipwaves Online Financials( In Crs.)
| 30-Sep-25 | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|---|
| Assets | 98.37 | 81.86 | 53.98 | 26.43 |
| Revenue | 41.71 | 108.65 | 97.28 | 69.49 |
| Profit After Tax | 4.68 | 12.20 | 6.29 | 2.24 |
| Net Worth | 30.77 | 25.87 | 14.82 | -1.31 |
| Reserves & Surplus | 21.32 | 16.42 | 5.37 | -0.41 |
| Total Borrowing | 40.04 | 34.52 | 24.14 | 8.89 |
Shipwaves Online Company & Offer Insights
About Shipwaves Online
Incorporated in 2015, Shipwaves Online Limited deals with digital freight forwarding and enterprise SaaS solutions.
With a single platform for shipping and logistics, multimodal ocean, land, and air transportation solutions are offered ensuring effective, economical, and reliable global shipment management.
Services:
Digital Freight Forwarding:Utilizing advanced technology to make logistics smooth, offering end-to-end solutions for global shipments.
Enterprise SaaS Solutions:Providing software solutions that digitize shipping and logistics, providing real-time data insights to maximize operating efficiency.
Other Services: The firm provides trade finance, insurance, warehousing, customs clearance, and relocation services for secure, efficient global transportation.
As of February 28, 2025, the firm employs 35 people on the payroll.
Shipwaves Online Promoter(s)
Mr. Kalandan Mohammed Haris, Mr. Kalandan Mohammed Althaf, Mr. Kalandan Mohammad Arif, Mr. Abid Ali, Mrs. Bibi Hajira and Mr. Mohammed Sahim Haris are the company's promoters of Shipwaves Online.
Shipwaves Online IPO Issue Objectives
- •
- To meet Working Capital Requirements of Issuer Company
- •
- Investment in Subsidiary for funding its working capital requirements
- •
- Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Issuer Company
- •
- General Corporate Expenses
Contact Information
Contact Details
Shipwaves Online
+91 95381 49978
18-2-16/4(3), 3rd Floor, Mukka Corporate House 1st Cross, Attavara, Dakshina Kannada, Mangaluru, Karnataka, 575001
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Shipwaves Online IPO is a Fixed Priced IPO worth ₹56.35 crore. The issue price is ₹12 per share (fixed price). The IPO opens on Dec 10, 2025 and closes on Dec 12, 2025. It will be listed on BSE SME Platform. Cameo Corporate Services Ltd. is the registrar.
The issue price of Shipwaves Online IPO is ₹12 per share (fixed price).
The lot size of Shipwaves Online IPO is 10000 shares.
The minimum investment for Shipwaves Online IPO is approximately ₹2,40,000 based on the issue price .
Shipwaves Online IPO opens on Dec 10, 2025 and closes on Dec 12, 2025.
The allotment date of Shipwaves Online IPO is Dec 15, 2025.
Shipwaves Online IPO is expected to be listed on Dec 17, 2025, on BSE SME Platform.
Shipwaves Online IPO valuation snapshot: P/E 18.12, EPS ₹0.66/-, P/B 4.38, RoNW 41.89%, and market cap 169.79 Cr.
To apply for Shipwaves Online IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Shipwaves Online IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Shipwaves Online IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Shipwaves Online IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Shipwaves Online IPO allotment status on IPO Ji for quick and easy access.