Shipwaves Online Limited IPO
Shipwaves Online Limited IPO
SME BSE SME Fixed Price
Closed

Price Band

₹12

Total Issue

₹56 Cr

Bid Dates

10 Dec - 12 Dec

Subscription

0.00x

Listing Price

₹12 (0.00%)

Website RHP Check Allotment

Valuation

Market Cap

₹169.79 Cr

P/E Ratio

10.43x

P/B Ratio

4.38x

Shipwaves IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

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.

Shipwaves IPO Lot Size

Lot Information for Shipwaves IPO
Category Lots Shares Amount
Ind (Min) 2 20,000 ₹2,40,000
Ind (Max) 2 20,000 ₹2,40,000
Others (Min) 3 30,000 ₹3,60,000
Allocate Funds
Market Maker
23,50,000 EQ Shares
Employee
₹0.00
Shareholder
₹0.00

Shipwaves IPO Size

Total ₹56 Cr
Fresh Issue
₹56 Cr (4.70 Cr Shares)
Offer For Sale
₹0 (0.00 Shares)

Objects of Issue

  1. To meet Working Capital Requirements of Issuer Company
  2. Investment in Subsidiary for funding its working capital requirements
  3. Payment, in full or part, of certain borrowings availed by the Issuer Company
  4. General Corporate Expenses

Shipwaves IPO Live Subscription

Updated as on Last updated time: N/A

Shipwaves IPO Subscription Status
Category Sub (x) Offered Bids
Individual 0.00x 2,23,10,000 0
Others 0.00x 2,23,00,000 0
Total 0.00x 4,46,10,000 0

Shipwaves IPO Details Live GMP

GMP ₹0
Est. Price ₹12
Est. Gain 0.00%

Shipwaves IPO Peer Comparison

(Rs. in crores)

Shipwaves IPO Peer Comparison Table
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

Shipwaves IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Shipwaves IPO
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

Key Performance Indicators (KPIs)

EBITDA

17.51%

PAT

10.01%

RONW

41.89%

ROCE

25.79%

Debt to Equity

1.33

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

99.97%

Public

0.03%

Mohammed Haris 31.58%
Mohammed Althaf 10.53%
Mohammad Arif 10.53%
Abid Ali 42.02%
Others 5.31%

Management

Haris Kalandan
Chairman
Zeeshan Mohammed
CFO

Registrar & Lead Managers

Registrar

Cameo Corporate Services

Lead Managers (1)

Finshore Management

Company Details

Name: Shipwaves Online Limited

Address: 18-2-16/4(3), 3rd Floor, Mukka Corporate House 1st cross, Attavara, Dakshina Kannada, Mangalore, Karnataka, India, 575001

Number: +91 95381 49978

Email: secretarial@shipwaves.com

Website: www.shipwaves.com

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Frequently Asked Questions (FAQs)

What is Shipwaves IPO?
Shipwaves IPO is a SME IPO having an issue size of ₹56 Crs. Shipwaves IPO is priced at ₹12 - ₹12 per share. The issue opens on 10 Dec 25 and closes on 12 Dec 25.
When will Shipwaves IPO open?
Shipwaves IPO opens on 10 Dec 25 and closes on 12 Dec 25.
What is the GMP of Shipwaves IPO?
The estimated Grey Market Premium of Shipwaves IPO is ₹0 per share (0.00%).
What is the lot size of Shipwaves IPO?
The minimum lot size of Shipwaves IPO is 10000 shares & the minimum application amount is Rs. 120000.
When is the allotment of Shipwaves IPO?
The allotment date of Shipwaves IPO is 15 Dec 25.
What is the listing date of Shipwaves IPO?
The listing date of Shipwaves IPO is 17 Dec 25.
What is the subscription of Shipwaves IPO?
Shipwaves IPO is subscribed -.
What is the price band of Shipwaves IPO?
Shipwaves IPO is priced at ₹12 - ₹12 per share.
How to check allotment status of Shipwaves IPO?
Click the allotment link on Shipwaves IPO page of IPO360.
How to apply Shipwaves IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Shipwaves IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Shipwaves IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Shipwaves IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date

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