Shipwaves Online Ltd. IPO Details
Coverage date: Dec 2025 • Category: Logistics / Freight Tech
IPO key details
| Industry | Digital Freight Forwarding / Logistics |
| Issue size | ₹56.35 Cr (Fresh issue of 4.696 Cr shares) |
| Price | ₹12 per share (Face value ₹1) |
| Lot size (retail) | 10,000 shares (₹1,20,000 minimum investment) |
| Book running lead manager | Finshore Management Services Ltd. |
| Registrar | Cameo Corporate Services Ltd. |
| Market Maker | Anant Securities Ltd. |
| Subscription window | Dec 10 – Dec 12, 2025 |
| Allotment date | Dec 15, 2025 (tentative) |
| Listing date | Dec 17, 2025 (BSE SME) |
Market sentiment
Grey Market Premium (GMP): ~₹2–3 (weak premium, ~15–20% above issue price as of Dec 12, 2025).
Subscription status (Final): Overall ~1.2×. QIB 0×, NII ~1.8×, Retail ~0.6×.
Company profile
Incorporated in 2015, Shipwaves Online Ltd. is a unified logistics platform offering multimodal transportation across ocean, land, and air. The company provides digital freight forwarding, customs clearance, and supply chain solutions, enabling SMEs and enterprises to manage global logistics seamlessly.
The IPO proceeds will be used for working capital, investment in subsidiary, debt repayment, and general corporate purposes.
Financial highlights (FY2025)
| Revenue | ₹108.65 Cr |
| Profit after tax | ₹12.20 Cr |
| Net margin | ~11.2% |
| Equity share capital (post-issue) | ₹46.96 Cr |
Frequently asked questions
What is the price band and lot size?
Price band is ₹XX–₹XX per share; retail lot size is XX shares.
When is the subscription window?
Dec XX–XX, 2025.
What makes Shipwaves notable?
Digital-first logistics platform, expanding across India’s ports and trade hubs.
Notes
- Data sources: Company filings, DRHP, and market reports.
- Investor caution: This post is for informational purposes and is not investment advice.