Shipwaves Online Limited – IPO

Shipwaves Online Ltd. is a fixed price issue of ₹56.35 crores. The issue is entirely a fresh issue of 4.70 crore shares of ₹56.35 crore. Shipwaves Online IPO opens for subscription on Sep 30, 2025, and closes on Oct 6, 2025. The allotment for the Shipwaves Online IPO is expected to be finalized on Oct 7, 2025. Shipwaves Online IPO will list on BSE SME with a tentative listing date fixed as Oct 9, 2025. Shipwaves Online IPO price is ₹12.00 per share. The lot size for an application is 10,000. The minimum amount of investment required by an individual investor (retail) is ₹2,40,000.00 (20,000 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (30,000 shares), amounting to ₹3,60,000.

Shipwaves Online Limited – IPO Details

IPO Date September 30, 2025 to October 6, 2025
Listing Date October 9, 2025
Face Value ₹ 1 / Share
Price Band ₹ 12 to ₹ -- / Share
Lot Size 10000 Shares
Total Issue Size 4,69,60,000 shares
(Aggregating up to ₹56.35 Cr)
Fresh Issue
Offer for Sale
Employee Discount
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
Market Maker portion

Shipwaves Online Limited Timeline (Tentative Schedule)

Shipwaves Online Limited IPO opens on September 30, 2025, and closes on October 6, 2025.

IPO Open Date September 30, 2025
IPO Close Date October 6, 2025
Basis of Allotment October 7, 2025
Initiation of Refunds October 8, 2025
Credit of Shares to Demat October 8, 2025
Listing Date October 9, 2025
Cut-off time for UPI mandate confirmation October 6, 2025

Shipwaves Online Limited IPO Lot Size

Investors can bid for a minimum of 20,000 shares and in multiples of 10,000 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
Retail (Min) 2 20,000
Retail (Max) 2 20,000
S-HNI (Min)
S-HNI (Max)
B-HNI (Min)
HNI (Min) 3 30,000

Shipwaves Online Limited IPO Promoter Holding

Share Holding Pre Issue 99.96%
Share Holding Post Issue 66.73%

Shipwaves Online Limited IPO Reservation

Shipwaves Online IPO offers a total of 4,69,60,000 shares. Out of which 2,23,00,000 (47.49%) was allocated to NII, 2,23,10,000 (47.51%) was allocated to RII.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered
Market Maker Shares Offered 23,50,000
(5.00%)
Other Shares Offered
QIB Shares Offered
NII (HNI) Shares Offered 2,23,00,000
(47.49%)
bNII > ₹10L
sNII < ₹10L
Retail Shares Offered 2,23,10,000
(47.51%)
Employee Shares Offered
Total Shares Offered 4,69,60,000
(100.00%)

Shipwaves Online Limited IPO Anchor Investors Details

Bid Date
Shares Offered
Anchor Portion Size (In Cr.)
Anchor lock-in period end date for 50% shares (30 Days)
Anchor lock-in period end date for remaining shares (90 Days)

About Shipwaves Online Limited

Established in 2015, Shipwaves Online Limited is a business of online freight forwarding and business SaaS solutions.

The company provides a single platform for shipping and logistics with multimodal transport solutions, ocean, land, and air, ensuring cost-effective, efficient, and reliable global shipment management.

Services:

Digital Freight Forwarding: Utilizing cutting-edge technology for streamlined logistics, end-to-end global shipment support.

Enterprise SaaS Solutions: Providing software solutions that automate shipping and logistics, providing real-time data insights to maximize operational efficiency.

Other Services: The corporation provides trade finance, insurance, warehousing, customs clearing, and relocation services for secure, efficient global logistics.

Competitive Strengths:

Experienced Promoters and Qualified Management Team

Innovative Software: Disrupting Logistics Solutions

Cost Efficiency Focus and Logistics Excellence Commitment

Diverse Customer Base in Multiple Sectors

Full-Fledged and Tailor-Made Third-Party Logistics Solutions

Key Performance Indicator

The market capitalization of Shipwaves Online IPO is ₹169.79 Cr.

KPI Values
ROE 50.85%
ROCE 25.79%
Debt/Equity 1.33
RoNW 41.89%
P/BV 4.38
PAT Margin (%) 10.01%
  Pre IPO Post IPO
EPS (Rs) 1.29 0.86
P/E (x) 9.3 13.92

Note:

  • The Pre IPO EPS is calculated based on Pre-IPO shareholding as on the date of RHP and the latest FY earnings as of March 31, 2025, that is available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025, which is available in RHP.

Objects of the Issue ( Shipwaves Online Limited IPO Objectives)

Shipwaves Online Limited Contact Details

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[email protected]

Websitehttp://www.shipwaves.com/

Shipwaves Online Limited IPO Registrar

Cameo Corporate Services Ltd.

Phone: +91-44-28460390

Email[email protected]

Websitehttps://ipo.cameoindia.com/

Frequently Asked Questions


What is Shipwaves Online Limited IPO?
The Shipwaves Online Limited IPO is classified as an SME IPO. The issue price is set between ₹12 and ₹ per equity share. A minimum of 10000 shares is required per order. The IPO will be open from September 30, 2025, to October 6, 2025. The shares are proposed to be listed on BSE SME.

When does the Shipwaves Online Limited IPO open and close?
The Shipwaves Online Limited IPO will be opened on September 30, 2025, and closed on October 6, 2025.

What is the issue size of the Shipwaves Online Limited IPO?
The size of the Shipwaves Online Limited IPO is ₹56.35 Crin total. A fresh issue of shares, aggregating up to , is included.

What is the price band of the Shipwaves Online Limited Limited IPO?
The price band for the IPO has been set between ₹12 - ₹ per equity share.

What is the allotment date of the Shipwaves Online Limited IPO?
The share allotment date for the Shipwaves Online Limited IPO is set for October 7, 2025.

What is the Shipwaves Online Limited listing date?
The Shipwaves Online Limited IPO is scheduled to be listed on October 9, 2025.

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