Shipwaves Online Limited IPO
Shipwaves Online Limited IPO
Price Band
₹12
Total Issue
₹56.35 Cr
Bid Dates
10 Dec - 12 Dec
Subscription
-
Est. GMP
₹0 (0.00%)
Tentative Timetable
Business Overview
Shipwaves positions itself as a unified logistics platform delivering end-to-end multimodal transportation solutions across ocean, land, and air. It focuses on efficient, cost-effective, and reliable services that enable businesses to move shipments globally with ease. The platform provides real-time visibility, giving clients full transparency and control from origin to destination. By integrating multimodal capabilities, it offers flexibility to select optimal routes and modes based on speed, cost, or operational requirements.
Lot Info
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Min) | 2 | 20,000 | ₹2,40,000 |
| Individual (Max) | 2 | 20,000 | ₹2,40,000 |
| Others (Min) | 3 | 30,000 | ₹3,60,000 |
Issue Size
Objects of the Issue
A1
A2
A3
Grey Market Premium
| Date | GMP (₹) | Est. Price |
|---|---|---|
| 16 Dec | ₹0 (0%) | ₹12 |
| 15 Dec | ₹0 (0%) | ₹12 |
| 14 Dec | ₹0 (0%) | ₹12 |
| 13 Dec | ₹0 (0%) | ₹12 |
| 12 Dec | ₹0 (0%) | ₹12 |
| 11 Dec | ₹4 (33.3%) | ₹16 |
| 10 Dec | ₹4 (33.3%) | ₹16 |
| 09 Dec | ₹0 (0%) | ₹12 |
Shipwaves IPO Peer Comparison
(Rs. in crores)
| Particulars | Shipwaves | Tiger Logistics | Lancer Container | Timescan Logistics |
|---|---|---|---|---|
| Revenue | 108.28 | 536.31 | 699.14 | 257.97 |
| PAT | 10.84 | 27.01 | -0.35 | 5.86 |
| EPS | 1.15 | 2.56 | -0.01 | 8.38 |
| NAV | 2.74 | 13.08 | 19.45 | 37.55 |
| RONW | 41.89% | 19.53% | -0.07% | 22.33% |
| EBITDA | 17.51% | 5.76% | 4.36% | 3.75% |
| PAT Margin | 10.01% | 4.95% | -0.05% | 2.27% |
| PE Ratio | 10.43 | 15.17 | 0.00 | 7.36 |
| Debt to Equity | 1.33 | 0.20 | 0.14 | 0.17 |
All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of November, 12 2025 for Peers
Financial Performance
(Rs. in crores)
| Particulars | Sep-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Revenue | 40.98 | 108.28 | 96.71 | 69.31 |
| PAT | 4.46 | 10.84 | 5.84 | 2.24 |
| Net Worth | 30.77 | 25.87 | 14.82 | 9.04 |
| Borrowings | 40.04 | 34.52 | 24.14 | 13.11 |
| Assets | 98.37 | 81.86 | 53.98 | 26.43 |
| NAV (₹) | 3.25 | 2.74 | 1.57 | 0.96 |
| EPS (₹) | 0.47 | 1.15 | 0.62 | 0.24 |
KPIs
EBITDA
17.51%
PAT
10.01%
RONW
41.89%
ROCE
25.79%
Debt to Equity
1.33
PE Ratio
10.43
PB Ratio
4.38
Mkt Cap (in Crs.)
169.79
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Shareholding
Promoter
99.97%
Public
0.03%
Management
Subscription Status
Updated as on Last updated time: N/A
| Category | Sub (x) | Offered | Bids |
|---|---|---|---|
| Total | -0.05x | 4,46,10,000 | -23,50,000 |
Frequently Asked Questions
What is Shipwaves IPO?
When will Shipwaves IPO open?
What is the GMP of Shipwaves IPO?
What is the lot size of Shipwaves IPO?
When is the allotment of Shipwaves IPO?
What is the listing date of Shipwaves IPO?
What is the subscription of Shipwaves IPO?
What is the price band of Shipwaves IPO?
How to check allotment status of Shipwaves IPO?
How to apply Shipwaves IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Shipwaves IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Shipwaves IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Shipwaves IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date