Shipwaves Online IPO Details
The Shipwaves Online IPO is a fixed price issue with a total issue size of ₹56.35 cr Shipwaves Online IPO opened for subscription on Dec 10, 2025 and closed on Dec 12, 2025. Shipwaves Online IPO has set the price at ₹12 per share, with a lot size of 10000 shares. Minimum investment for Retail investors was ₹240,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Dec 15, 2025, and listed on both the NSE and BSE on Dec 17, 2025.
Cameo Corporate Services Limited has been appointed as the registrar. Finshore Management Services Limited are the Book Running Lead Manager for the issue.
Before investing in the Shipwaves Online IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 12 – 12
- Lot Size
- 10000
- Issue Size
- ₹56.35 Cr
- Minimum Investment
- ₹240000 (20000 Shares)
- Listing Date
- 17 December 2025
Current GMP
₹0 (0.00%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Shipwaves Online Limited
Shipwaves Online Limited
Incorporated in 2015, Shipwaves Online Limited is engaged in digital freight forwarding and enterprise SaaS solutions.
The company provides a unified platform for global shipping and logistics, offering multimodal transportation solutions across ocean, land, and air. Its technology-driven approach ensures efficient, cost-effective, and reliable shipment management worldwide.
Services Offered
- Digital Freight Forwarding: End-to-end global logistics support powered by advanced technology, streamlining the entire shipping process.
- Enterprise SaaS Solutions: Cloud-based software that digitalizes logistics operations and provides real-time data insights to improve efficiency and decision-making.
- Other Services: Comprehensive logistics support including trade finance, insurance, warehousing, customs clearance, and relocation services to ensure secure and seamless operations.
As of February 28, 2025, the company has 35 employees on its payroll.
Shipwaves Online IPO Promoters
- Mr. Kalandan Mohammed Haris
- Mr. Kalandan Mohammed Althaf
- Mr. Kalandan Mohammad Arif
- Mr. Abid Ali
- Mrs. Bibi Hajira
- Mr. Mohammed Sahim Haris
Promoters Holding
Holding Pre Issue
99.96%
Holding Post Issue
66.73%
Shipwaves Online IPO Objective
The Company Shipwaves Online IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- 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
Address / Contact Info
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 Snapshot
Book Running Lead Managers
- Finshore Management Services Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Shipwaves Online IPO is a Fixed price IPO with a total issue size of ₹56.35 crore. The Shipwaves Online IPO price band is ₹12 to 12 per share. The Shipwaves Online IPO subscription opens on Wed, Dec 10, 2025, and closes on Fri, Dec 12, 2025. The Shipwaves Online IPO will be listed on the BSE. Cameo Corporate Services Limited is the registrar for the Shipwaves Online IPO.
The Shipwaves Online IPO opens on Wed, Dec 10, 2025 and closes on Fri, Dec 12, 2025
Shipwaves Online IPO Price Band is ₹12 to 12 per share.
Shipwaves Online IPO lot size is 10000 shares, Retail investors need a minimum investment of ₹240000 based on the upper price band
The minimum investment for Shipwaves Online IPO is ₹240000, based on one lot of 10000 shares at the upper price band of ₹12 per share.
Investors can apply for the Shipwaves Online IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Dec 12, 2025. The application amount remains blocked until the Shipwaves Online IPO allotment is finalized.
Shipwaves Online IPO issue size is ₹56.35 crores.
Shipwaves Online IPO allotment date is Wed, Jul 1, 2026.
The registrar for Shipwaves Online IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited website to check Shipwaves Online IPO allotment status, refund processing, and other IPO-related information.