Shipwaves Online IPO Date, Review, Price, Allotment Details IPO
Shipwaves Online IPO Summary
IPO Open Date: 10 Dec 2025
IPO Close Date: 12 Dec 2025
Price Band: ₹12 Per Share
Issue Size: Approx ₹56.35 Crores
Listing Exchange: BSE SME
Website: http://www.shipwaves.com/
Shipwaves Online IPO Overview
Shipwaves Online IPO open date is December 10, 2025 and the IPO will close on December 12, 2025. Shipwaves Online IPO is a Fixed Price Issue. The company to raise around ₹56.35 crores via IPO that comprises fresh issue of ₹56.35 crores and offer for sale up to [.] equity shares with face value of ₹1 each.
Shipwaves Online IPO price band is ₹12 per share. The retail quota is 50%, QIB is 00%, and HNI is 50%. Shipwaves Online IPO to list on BSE on December 17, 2025. The allotment of Shipwaves Online IPO date is December 15, 2025.
The company reported revenue of ₹108.65 crores in 2025. The company reported profit of ₹12.20 crores in 2025. As per the financials the IPO investors should apply the IPO for a long term.
Shipwaves Online IPO Details
| Company Name | Shipwaves Online Ltd. |
| IPO Open Date | 10 Dec 2025 |
| IPO Close Date | 12 Dec 2025 |
| Face Value | ₹1 Per Equity Share |
| Price Band | ₹12 Per Share |
| Issue Size | Approx ₹56.35 Crores |
| Fresh Issue | Approx ₹56.35 Crores |
| Offer for Sale | - |
| Issue Type | Fixed Price Issue |
| Listing On | BSE SME |
Shipwaves Online IPO Review & Key Points
Neutral
Shipwaves Online IPO Market Lot
The Shipwaves Online IPO minimum market lot is 20,000 shares with ₹2,40,000 application amount.
| Category | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 20,000 | ₹2,40,000 |
| Retail Maximum | 2 | 20,000 | ₹2,40,000 |
| S-HNI Minimum | 3 | 30,000 | ₹3,60,000 |
Shipwaves Online IPO Reservation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| NII / HNI | 2,23,00,000 Shares | 47.49% |
| Retail | 2,23,10,000 Shares | 47.51% |
Shipwaves Online IPO Dates & Allotment
| IPO Opening Date | 10 Dec 2025 |
| IPO Closing Date | 12 Dec 2025 |
| Bidding Cutoff Time | 5 PM |
| Basis of Allotment | 15 Dec 2025 |
| Refunds Initiation | 16 Dec 2025 |
| Credit to Demat | 16 Dec 2025 |
| IPO Listing Date | 17 Dec 2025 |
Shipwaves Online IPO Objects of the Issue & Utilization of Proceeds
| Description | Amount |
|---|---|
| To meet Working Capital Requirements of Issuer Company | ₹17.13 |
| Investment in Subsidiary for funding its working capital requirements | ₹10.00 |
| Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Issuer Company | ₹15.00 |
| General Corporate Purpose | ₹8.45 |
Shipwaves Online Ltd. Financials
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | ₹97.28 | ₹90.03 | ₹6.29 | ₹53.98 |
| 2025 | ₹108.65 | ₹94.98 | ₹12.20 | ₹81.86 |
| September 2025 | ₹41.71 | ₹36.16 | ₹4.68 | ₹98.37 |
Shipwaves Online IPO Valuation
Check Shipwaves Online IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Parameter | Value |
|---|---|
| Earnings Per Share (EPS) | ₹1.15 (Basic) |
| P/E Ratio | 10.47 |
| Return on Equity (ROE) | 77.44% |
| Return on Capital Employed (ROCE) | 75.10% |
| Return on Net Worth (RoNW) | 41.89% |
| Net Asset Value (NAV) | ₹2.74 |
| EBITDA Margin | 20.80% |
| PAT Margin | 18.82% |
| Debt to Equity Ratio | 0.08 |
Shipwaves Online IPO Peer Group Comparison
| Company | EPS | P/E | RoNW % | NAV | Total Income |
|---|---|---|---|---|---|
| Tiger Logistics (India) Limited | 2.56 | 20.12 | 19.53% | 13.08 | 536.31 Cr. |
| Lancer Container Lines Limited | (0.01) | (1,442.00) | (0.07%) | 19.45 | 699.14 Cr. |
| Timescan Logistics (India) Limited | 8.38 | 7.36 | 22.33% | 37.55 | 257.97 Cr. |
Shipwaves Online IPO Promoters & Holding Pattern
The promoters of the company are Mr. Kalandan Mohammed Haris, Mr. Kalandan Mohammed Althaf, Mr. Kalandan Mohammad Arif, Mr. Abid Ali, Mrs. Bibi Hajira and Mr. Mohammed Sahim Haris.
| Particulars | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 9,45,35,000 | 99.96% |
| Promoter Holding Post Issue | 14,14,95,000 | 66.73% |
Shipwaves Online IPO Lead Managers (Merchant Bankers)
- Finshore Management Services Ltd.
About Shipwaves Online Ltd.
Shipwaves Online Ltd. is an Indian technology-driven logistics company founded in 2015 that specializes in digital freight forwarding and enterprise SaaS solutions. It operates as a unified platform for managing global shipments across ocean, land, and air.
Shipwaves Online Ltd. Address
Mangaluru, Karnataka, 575001Phone: +91 95381 49978
Shipwaves Online IPO Registrar
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com/