BSE SME Fixed Price IPO Fresh Capital Closed
Shipwaves Online Ltd IPO 2026
₹12
Issue Price
+₹0
GMP Today
4,69,60,000 (100.00%)
Total Shares Offered
₹12
Est. Listing
📅
Open Date
2025-12-10
📅
Close Date
2025-12-12
🎟️
Allotment
2025-12-15
⚡
UPI Mandate
2025-12-12
📱
Listing Date
2025-12-17
🔗
Script Code
TBA
Grey Market Premium (GMP)
LIVE
Current GMP
+₹0
+0% vs Issue Price
Estimated Listing: ₹12
Issue Price: ₹12
· Lot: 10,000 shares
Expected P&L (1 lot):
+₹0
on ₹120,000
GMP is unofficial grey market data. It does not guarantee listing price or returns.
Financial Overview
Amount in ₹ Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 108.65 | 97.28 | 69.49 |
| Profit After Tax | 12.20 | 6.29 | 2.24 |
| EBITDA | 18.96 | 11.04 | 4.06 |
| Net Worth | 25.87 | 14.82 | -1.31 |
| Total Assets | 81.86 | 53.98 | 26.43 |
| Reserves & Surplus | 16.42 | 5.37 | -0.41 |
| Total Borrowings | 34.52 | 24.14 | 8.89 |
Key Financial Ratios
50.85%
ROE
Return on Equity
25.79%
ROCE
Return on Capital Employed
41.89%
RONW
Return on Net Worth
10.01%
PAT Margin
PAT / Revenue
17.51%
EBITDA Mgn
EBITDA / Revenue
1.33
D/E Ratio
Debt to Equity
4.38
P/BV
Price to Book Value
Issue Details
Total Shares Offered
4,69,60,000 (100.00%)
Net Offer to Public
4,46,10,000 shares (aggregating up to ₹53.53 Cr)
Market Maker Reservation
23,50,000 shares (aggregating up to ₹2.82 Cr)
Pre-Issue Shareholding
9,45,35,000 shares%
Post-Issue Shareholding
14,14,95,000 shares%
Issue Price
₹12
Face Value
₹1
Lot Size
10,000 shares
Listing Exchange
BSE SME
Issue Type
Fixed Price IPO
Objects of Issue
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
Issue Related Expenses
General Corporate Expenses
Lead Managers
Finshore Management Services Ltd.
IPO Timeline
Open
2025-12-10
Close
2025-12-12
Allotment
2025-12-15
Listing
2025-12-17
Registrar Details
Company Information
Website
Email
secretarial@shipwaves.com
Phone
+91 95381 49978
Address
8-2-16/4(3), 3rd Floor, Mukka Corporate House 1st cross, Attavara, Dakshina Kannada Mangaluru, Karnataka, 575001
About Shipwaves Online Ltd
Incorporated in 2015, Shipwaves Online Limited is engaged in the business of digital freight forwarding and enterprise SaaS solutions.
The company offers a unified platform for shipping and logistics, providing multimodal transportation solutions ocean, land, and air ensuring efficient, cost-effective, and reliable global shipment management.
Services:
- Digital Freight Forwarding:Leveraging advanced technology to streamline logistics processes, providing end-to-end support for global shipments.
- Enterprise SaaS Solutions:Offering software solutions that digitalize shipping and logistics, delivering real-time data insights to enhance operational efficiency.
- Other Services: The company offers trade finance, insurance, warehousing, customs clearance, and relocation services for secure, efficient global logistics.
As of the February 28, 2025, the company has 35 employees on payroll.
Competitive Strengths:
- Experienced Promoters and Qualified Management Team
- Innovative Software: Revolutionizing Logistics Solutions
- Commitment to Cost Efficiency and Excellence in Logistics
- Diverse Customer Base Across Many Sectors
- Comprehensive and Customized Third-Party Logistics Solutions
Quick Facts
GMP Signal
Bullish 🚀
Status
Closed
Issue Price
₹12
Lot Size
10,000 sh
Est. Listing
₹12
Pre-Issue Hold.
9,45,35,000 shares%
Post-Issue Hold.
14,14,95,000 shares%
Registrar
Cameo Corporate Services Ltd
GMP Profit Calculator
Est. Listing
GMP %
1 Lot Investment
Total Investment
Expected P&L
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