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NIFTY23,4060.33%
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Shipwaves Online

Shipwaves Online

Open Date

10 Dec 2025

Close Date

12 Dec 2025

listed

Min Investment

₹240000

Lot Size

20000 Shares

Issue Size

₹56.35 Cr

Price Range

₹12 - ₹12

Listing Date

Dec 17, 2025

IPO Doc

RHP PDF

About Shipwaves Online

Incorporated in 2015, Shipwaves Online Limited deals with digital freight forwarding and enterprise SaaS solutions.With a single platform for shipping and logistics, multimodal ocean, land, and air transportation solutions are offered ensuring effective, economical, and reliable global shipment management. Services:Digital Freight Forwarding:Utilizing advanced technology to make logistics smooth, offering end-to-end solutions for global shipments.Enterprise SaaS Solutions:Providing software solutions that digitize shipping and logistics, providing real-time data insights to maximize operating efficiency.Other Services: The firm provides trade finance, insurance, warehousing, customs clearance, and relocation services for secure, efficient global transportation.As of February 28, 2025, the firm employs 35 people on the payroll.

Checklist Quality Analysis

Revenue Growth

Company Valuation

Earning Expansion

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.

0GMP

Shipwaves Online IPO - Issue Objectives

The company will use ₹10.00 crore to invest in a subsidiary to fund working capital requirements. The company will utilise ₹17.13 crore towards funding working capital requirements. The company will utilise ₹15.00 crore towards repayment of borrowings. Part of the IPO proceeds will be used for general corporate purposes

Investment in subsidiary

17.75%

Working capital

30.4%

Repayment of loans

26.62%

General corporate purposes

25.2%

1

Investment in subsidiary

The company will use ₹10.00 crore to invest in a subsidiary to fund working capital requirements.

17.75%
2

Working capital

The company will utilise ₹17.13 crore towards funding working capital requirements.

30.40%
3

Repayment of loans

The company will utilise ₹15.00 crore towards repayment of borrowings.

26.62%
4

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes

25.20%

IPO Subscription Status

Retails
2.91x
QIB
0.00x
NII
0.36x

Financials of Shipwaves Online

In Cr.

Revenue: ₹41.71

EBITDA: ₹7.89

Profit: ₹4.68

Total Income
EBITDA
Total Profit
Negative Value
Key Performance Indicator30-Sep-25 (In Cr.)31-Mar-25 (In Cr.)31-Mar-24 (In Cr.)31-Mar-23 (In Cr.)
Revenue41.71108.6597.2869.49
EBITDA7.8918.9611.044.06
Expenses
Profit After Tax4.6812.206.292.24
Assets98.3781.8653.9826.43
Net Worth30.7725.8714.82-1.31
Reserves21.3216.425.37-0.41
Borrowing40.0434.5224.148.89

Shipwaves Online - Promoter(s)

Shipwaves Online

Kalandan Mohammed Haris

Kalandan Mohammed Althaf

Kalandan Mohammad Arif

Abid Ali

Bibi Hajira

Pre Issue Share Holding

N/A

Post Issue Share Holding

N/A

Contact Details

Shipwaves Online

18-2-16/4(3), 3rd Floor, Mukka Corporate House 1st Cross, Attavara, Dakshina Kannada, Mangaluru, Karnataka, 575001

Registrar Contact Details

Shipwaves Online IPO - FAQs

Shipwaves Online IPO is a SME IPO. The issue is priced at ₹12 per equity share. The minimum order quantity is 20000 Shares. The IPO opens on 10 Dec, and closes on 12 Dec. Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on SME.

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