Shipwaves Online IPO Details
The key details of Shipwaves Online’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹56.35 Cr |
| Price Range | ₹12 |
| Retail Quota | 50% |
| QIB Quota | -- |
| NII Quota | 50% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 20,000 |
| Investment (cut-off price) | ₹2,40,000 |
| Pre IPO Promotor Holding | 99.96% |
| Post IPO Promotor Holding | 66.73% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Shipwaves Online IPO Timelines
The IPO process for Shipwaves Online includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
10/12/2025
Start Date12/12/2025
End Date16/12/2025
Refund Initiation16/12/2025
Credit of Shares to Demat Ac17/12/2025
Listing DateShipwaves Online IPO Lot Size
The Shipwaves Online IPO has a fixed lot size of 20,000 shares, at a fixed price of ₹12 per share. For retail investors, both the minimum and maximum application stand at 20,000 shares (2 lots) amounting to ₹2,40,000. HNI investors need to apply for at least 30,000 shares (3 lots) totaling ₹3,60,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 20000 | ₹2,40,000 |
| Retail Maximum | 2 | 20000 | ₹2,40,000 |
| HNI Minimum | 3 | 30000 | ₹3,60,000 |
Shipwaves Online IPO Subscription Status
The subscription status for Shipwaves Online IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| -- | 0.36x | 2.92x | -- | 1.64x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹ | ₹ | ₹ | ₹ |
Shipwaves Online IPO Company Financials
Shipwaves Online reports robust performance in FY2026 September with Total Income of ₹41.71 crores, managing expenses at ₹36.16 crores, and achieving a strong PAT (Profit After Tax) of ₹4.68 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2024 | ₹97.28 | ₹90.03 | ₹6.29 |
| FY 2025 | ₹108.65 | ₹94.98 | ₹12.20 |
| FY 2026 (6 M) | ₹41.71 | ₹36.16 | ₹4.68 |
About Company
Incorporated in 2015, Shipwaves Online Limited operates in digital freight forwarding and enterprise SaaS solutions, offering a unified platform that supports ocean, land and air transportation. The platform is designed to streamline logistics operations and enable efficient, cost effective and reliable global shipment management through advanced technology and real time data capabilities.
The company provides digital freight forwarding services with end to end support for international shipments and delivers enterprise SaaS tools that help digitalize logistics workflows. It also offers trade finance, insurance, warehousing, customs clearance and relocation services, creating a comprehensive logistics ecosystem. As of October 31, 2025, Shipwaves Online Limited had 35 employees on its payroll.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2015 | Logistics | Sahim Haris |
Know Before Investing
Shipwaves Online IPO Strengths
- Shipwaves Online operates a unified digital platform providing end-to-end shipment solutions across ocean, land, and air, offering clients a one-stop logistics solution.
- The company runs two synergistic verticals: digital freight forwarding and an AI-driven SaaS platform, creating multiple revenue streams and higher operating leverage.
- Services span documentation, customs clearance, freight booking, tracking, and value-added SaaS tools, increasing stickiness and wallet share with clients.
- Rising digitisation of supply chains and preference for tech-enabled freight solutions create structural tailwinds for Shipwaves Online’s model.
Shipwaves Online IPO Risks
- Shipwaves Online operates in a crowded logistics and freight forwarding market with many regional and global players, putting pressure on pricing and margins.
- Freight forwarding and logistics typically require substantial working capital for payables/receivables cycles, and mismanagement can strain liquidity.
- Revenues are sensitive to international trade volumes, freight rate volatility, and macroeconomic slowdowns that can reduce shipment flows.
- Success of the AI-driven SaaS platform depends on continuous innovation, client adoption, and effective integration with freight services.
- The company must comply with customs, shipping, export-import, and data regulations across multiple jurisdictions; non-compliance could lead to penalties or business disruption.
Swot Analysis for Shipwaves Online IPO
Strengths
Digital-First Freight Platform, High-Margin SaaS Business, Recognized Fast-Growth Company
Weaknesses
Customer Concentration, Depends on Third-Party Carriers, Heavy Tech Dependence
Opportunities
Digitization of Logistics, SaaS Upsell & Cross-Sell, Geographic Expansion
Threats
Strong Established Competitors, Macroeconomic & Trade Risks, Regulatory & Compliance Burden
Company 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: secretarial@shipwaves.com
Website: http://www.shipwaves.com/
IPO Registar Details
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: ipo@cameoindia.com
Website: https://ipo.cameoindia.com/
FAQs
The key objectives of Shipwaves Online SME IPO are:
- 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
Finshore Management Services Ltd. is the book-running lead managers for the Shipwaves Online IPO.
Shipwaves Online IPO offers strong growth potential supported by rising digital adoption in freight and increasing SME demand for transparent pricing and real-time visibility. Its asset light SaaS plus execution model, expanding customer base, and planned investment in technology and working capital can accelerate shipment volumes and client wallet share.
The issue price for the Shipwaves Online IPO is set to ₹12 per share.
To invest in two lot of Shipwaves Online IPO, you need ₹2,40,000 at the fixed price band (₹12 per share) for a lot size of 20,000 shares.
Shipwaves Online IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on December 17, 2025.
Refund/unblocking of funds for Shipwaves Online IPO will begin on December 16, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Shipwaves Online IPO shares on listing day (December 17, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.