Shipwaves Online Limited IPO
BSE SMEListed On: Dec 17, 2025 at ₹ 12.0
₹ 240000
/20000 Shares
*Min Investment
10 Dec, 2025
Open Date12 Dec, 2025
Close Date15 Dec, 2025
Allotment Date17 Dec, 2025
Listing DateShipwaves Online IPO Live Subscription Details
View Subscription DetailsShipwaves Online IPO Issue Details
- Issue Price ₹12 per equity share
- Face Value ₹1 Per Equity Share
- Total Issue Size 4,69,60,000 shares(aggregating up to ₹56.35 crore)
- Fresh Share 4,69,60,000 shares(aggregating up to ₹56.35 crore)
- Listing at BSE SME
- List Price 12.0
- Listing Date 2025-12-17
- Lead Manager Finshore Management Services Ltd.
- Registrar Cameo Corporate 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 offers total 46960000 shares. Out of which NA (NA%) allocated to QIB, 22300000 (47.51%) allocated to NII,22310000 (47.51%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Market Maker Shares Offered | 2350000 (5.01%) | |
| NII (HNI) Shares Offered | 22300000 (47.51%) | |
| Individual Shares Offered | 22310000 (47.51%) | |
| Total Shares Offered | 46960000 (100%) |
Shipwaves Online IPO Details
Shipwaves Online Limited IPO is an SME IPO, priced at ₹12 per equity share. The equity shares have a face value of ₹1 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 4,69,60,000 equity shares, aggregating up to ₹56.35 crores..
The IPO bidding window is open from Dec 10, 2025 to Dec 12, 2025. The allotment is expected to be finalized on Dec 15, 2025, and the tentative listing date is Dec 17, 2025.
The minimum lot size for Individual investors is 20000 shares, with a minimum investment of ₹2,40,000.
Finshore Management Services Ltd. is acting as the lead manager to the issue. The registrar of the IPO is Cameo Corporate Services Ltd., and
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Shipwaves Online IPO Subscription Analysis And Details
| 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 |
Shipwaves Online Valuations
Shipwaves Online Company Financials
| 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 |
About Shipwaves Online Company
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
Pre Issue Share Holding : 99.96%
Post Issue Share Holding : 66.73%
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 Details
Shipwaves Online
18-2-16/4(3), 3rd Floor, Mukka Corporate House 1st Cross, Attavara, Dakshina Kannada, Mangaluru, Karnataka, 575001
+91 95381 49978
Registrar Contact Details
Shipwaves Online IPO - FAQs
Ans. Shipwaves Online Limited IPO is a SME IPO. The issue is priced at ₹12 per equity share. The minimum order quantity is 10000 Shares. The IPO opens on Dec 10, 2025, and closes on Dec 12, 2025. Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Shipwaves Online Limited IPO opens on Dec 10, 2025 and closes on Dec 12, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Shipwaves Online Limited IPO is 4,69,60,000 shares(aggregating up to ₹56.35 Cr).
Ans. The Shipwaves Online Limited IPO price band is set between ₹12 per equity share.
Ans. To apply for Shipwaves Online Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Shipwaves Online Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Shipwaves Online Limited IPO is Dec 15, 2025.
Ans. The Shipwaves Online Limited IPO will be listed on Dec 17, 2025.
Ans. Follow the steps to check the Shipwaves Online Limited IPO allotment status online.
