Shipwaves Online IPO
Shipwaves Online IPO Details
-
Open Date
10 Dec 2025
-
Close Date
12 Dec 2025
-
Listing Date
17 Dec 2025
- IPO Price Range
₹ 12
- IPO Size
₹ 56.35 Cr
- Listing Exchange
BSE SME
Shipwaves Online IPO Timeline
Shipwaves Online IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 10-Dec-2025 | - | 0.23 | 0.67 | 0.45 |
| 11-Dec-2025 | - | 0.36 | 2.92 | 1.64 |
Last Updated: 15 December 2025 5:52 PM by 5paisa
Shipwaves Online Limited, launching a ₹56.35 crores IPO, specialises in digital freight forwarding and enterprise SaaS solutions, offering a unified platform for efficient, cost-effective global shipment management across ocean, land, and air. Its services include digital freight forwarding, providing end-to-end support for international logistics, and enterprise SaaS solutions that deliver real-time insights to optimise operations. Additionally, the company offers trade finance, insurance, warehousing, customs clearance, and relocation services, ensuring secure and seamless logistics worldwide.
Established in: 2015
Managing Director:
Peers:
1. Tiger Logistics (India) Limited
2. Lancer Container Lines Limited
3. Timescan Logistics (India) Limited
Shipwaves Online Objectives
● The company aims to meet its working capital requirements, ₹17.13 crore.
● To invest in subsidiary for its working capital needs, ₹10.00 crore.
● Certain borrowings of the company will be repaid or pre-paid, ₹15.00 crore.
● Expenses related to the issue process will be covered, ₹5.77 crore.
● General corporate and operational expenses of the company will be funded, ₹8.45 crore.
Shipwaves Online IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹56.35 Cr |
| Offer For Sale | - |
| Fresh Issue | ₹56.35 Cr |
Shipwaves Online IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 20,000 | 2,40,000 |
| Retail (Max) | 2 | 20,000 | 2,40,000 |
| S - HNI (Min) | 3 | 30,000 | 3,60,000 |
Shipwaves Online IPO Reservation
| Investors Category | Subscription (times) | Shares Offered* | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| Non-Institutional Buyers | 0.36 | 2,23,00,000 | 80,60,000 | 9.67 |
| Individual Investors (IND category bidding for 2 Lots) | 2.92 | 2,23,10,000 | 6,52,20,000 | 78.26 |
| Total** | 1.64 | 4,46,10,000 | 7,32,80,000 | 87.94 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (In ₹Crores.) | FY23 | FY24 | FY25 |
| Revenue | 69.31 | 96.71 | 108.28 |
| EBITDA | 1.30 | 4.48 | 8.90 |
| PAT | 0.89 | 3.50 | 8.05 |
| Particulars (In ₹Crores.) | FY23 | FY24 | FY25 |
| Total Assets | 26.43 | 53.98 | 81.86 |
| Share Capital | 9.45 | 9.45 | 9.45 |
| Total Borrowing | 8.89 | 4.92 | 0.86 |
| Particulars (In ₹Crores.) | FY23 | FY24 | FY25 |
| Net Cash Generated From / (used in) operating activities | 2.29 | 2.59 | -0.31 |
| Net Cash Generated From / (used in) Investing Activities | -2.61 | -11.17 | -6.54 |
| Net Cash Generated From / (used in) financing activities | 0.16 | 8.69 | 6.89 |
| Net Increase (Decrease) In Cash And Cash Equivalents | -0.16 | 0.10 | -0.06 |
Strengths
1. Offers unified platform for multimodal shipment management.
2. Provides real-time data insights through SaaS solutions.
3. Covers end-to-end digital freight forwarding services.
4. Offers additional services like insurance and warehousing.
Weaknesses
1. Relatively new player in competitive logistics market.
2. Heavy dependence on technology infrastructure for operations.
3. Limited brand recognition compared to established global forwarders.
4. High operational costs due to multimodal service offerings.
Opportunities
1. Growing demand for digital logistics solutions globally.
2. Expansion potential in emerging markets and regions.
3. Increasing adoption of SaaS in shipping industry.
4. Opportunity to integrate AI and analytics in operations.
Threats
1. Intense competition from global and regional logistics firms.
2. Economic fluctuations affecting international shipping volumes.
3. Regulatory changes in trade and customs policies.
4. Cybersecurity risks due to reliance on digital platforms.
1. Strong growth potential in digital logistics sector.
2. Offers integrated platform across air, land, and ocean.
3. Enterprise SaaS provides real-time insights for efficiency.
4. Additional services enhance revenue and market competitiveness.
Shipwaves Online Limited operates in the rapidly evolving digital logistics and freight forwarding industry. With increasing global trade and growing adoption of technology-driven supply chain solutions, the company is well-positioned for growth. Its integrated multimodal platform and enterprise SaaS offerings address efficiency, cost-effectiveness, and real-time operational insights, creating strong potential for market expansion and capturing emerging opportunities in global shipping, warehousing, and trade finance services.
- Companies
- Type
- Opening On
-
E to E Transportation Infrastructure
- SME
-
26th Dec
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FAQs
Shipwaves Online IPO opens from December 10, 2025 to December 12, 2025.
The size of Shipwaves Online IPO is ₹56.35 Cr.
The price band of Shipwaves Online IPO is fixed at ₹12 per share.
To apply for Shipwaves Online IPO, follow the steps given below:
● Login to your 5paisa demat account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Shipwaves Online IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Shipwaves Online IPO is of 20,000 shares and the investment required is ₹2,40,000.
The share allotment date of Shipwaves Online IPO is December 15, 2025
The Shipwaves Online IPO will likely be listed on December 17, 2025.
Finshore Management Services Ltd is the book running lead manager for Shipwaves Online IPO.
Shipwaves Online IPO plans to utilise the raised capital from the IPO for:
● The company aims to meet its working capital requirements, ₹17.13 crore.
● To invest in subsidiary for its working capital needs, ₹10.00 crore.
● Certain borrowings of the company will be repaid or pre-paid, ₹15.00 crore.
● Expenses related to the issue process will be covered, ₹5.77 crore.
● General corporate and operational expenses of the company will be funded, ₹8.45 crore.
Shipwaves Online Contact Details
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/
Shipwaves Online IPO Register
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: ipo@cameoindia.com
Website: https://ipo.cameoindia.com/
Shipwaves Online IPO Lead Manager
Finshore Management Services Ltd
