Shipwaves Online IPO Date, Price, Lot Size, Allotment
Shipwaves Online IPO opens on September 30, 2025 and closes on October 6, 2025. The company plans to raise about ₹56.35 crores through this fixed price issue. The IPO consists entirely of a fresh issue of equity shares worth ₹56.35 crores. The Shipwaves Online Limited IPO issue price is ₹12 per share with a face value of ₹1 each. There is also a quota for various categories, the IPO has a retail quota of 50% and an HNI quota of 50%, while QIB investors do not have any reservation. The allotment of Shipwaves Online Ltd is scheduled for October 7, 2025, and the listing is set for October 9, 2025 on the Bombay Stock Exchange SME platform.
Shipwaves Online Ltd. reported a revenue of ₹97.28 crores and the profit of the company is ₹6.29 crores in FY2024. With strong financial performance and steady growth, investors can track the performance and can invest for a long term value.
Shipwaves Online Limited IPO Highlights
| Particulars | Details |
|---|---|
| IPO Open Date | September 30, 2025 |
| IPO Close Date | October 6, 2025 |
| Face Value | ₹1 per equity share |
| IPO Price | ₹12 per share |
| Issue Size | Approx. ₹56.35 crores |
| Fresh Issue | Approx. ₹56.35 crores |
| Offer for Sale (OFS) | Nil |
| Issue Type | Fixed Price Issue |
| Listing Platform | BSE SME |
| Market Lot | 20,000 shares |
| Minimum Investment (Retail) | ₹2,40,000 (20,000 shares) |
| Allotment Date | October 7, 2025 |
| Refunds | October 8, 2025 |
| Credit to Demat Account | October 8, 2025 |
| IPO Listing Date | October 9, 2025 |
| IPO Lead Manager | Finshore Management Services Ltd. |
Also Read: Tata Capital IPO Date, Price, Issue Size, OFS, Valuation, Anchor Investor
IPO Reservation
| Investor Category | % Shares Offered |
|---|---|
| Retail Investors | 50% |
| Non-Institutional Investors (HNI/NII) | 50% |
| Qualified Institutional Buyers (QIB) | 0% |
The entire issue consists of a fresh issue of equity shares, with no offer for sale component. The IPO of the company is structured in such a way that retail and Non-Institutional investors share equal participation of 50%.
Shipwaves Online Market Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 20,000 | ₹2,40,000 |
| Retail Maximum | 2 | 20,000 | ₹2,40,000 |
| S-HNI Minimum | 3 | 30,000 | ₹3,60,000 |
The lot size for Shipwaves Online IPO is set at 20,000 shares, if you are a retail investor, you are required to do a minimum investment of ₹2,40,000. Retail participants can apply for a maximum of one lot, while High Net-Worth Investors (HNI/NII), the minimum application size is 3 lots, which equals 30,000 shares worth ₹3,60,000. The investment amount is not small, the higher lot size indicates that this IPO of Shipwaves Online is primarily targeted at serious retail, who really want to take the chance of putting their time and funds and HNI investors who are willing to make a substantial investment.
Also Read: Advance Agrolife IPO Subscription Opens
Objects of the IPO
There are multiple areas the company plans to utilize the IPO proceeds. A major portion of funds around ₹28.47 crores is allocated to meet the company’s working capital requirements, while ₹10 crores will be invested in its subsidiary to support its working capital needs. A part of the funds will be used for repayment or pre-payment of certain borrowings, which will help reduce the debt burden. There are some issue-related expenses that needs to be corrected and around ₹10 crores will be utilized for general corporate purposes by the company.
Shipwaves Online Company Financials
| Particulars | FY 2024 | Sep 2024 |
|---|---|---|
| Revenue | ₹97.28 Cr. | ₹45.81 Cr. |
| Expense | ₹90.03 Cr. | ₹38.85 Cr. |
| Profit After Tax (PAT) | ₹6.29 Cr. | ₹6.28 Cr. |
| Assets | ₹53.98 Cr. | ₹65.80 Cr. |
The company shows consistent revenue and profit growth. Given its valuations and sector demand, the IPO may be considered for long-term investment. Investors must consult a cerfitied expert before making any investment decisions.
Also Read: WeWork India IPO Date, GMP, Price, Lot Size, Allotment 2025
About Company
Shipwaves Online is a logistics and shipping solutions company that operates across India. The company operated in the business of freight forwarding, supply chain management, and online shipment tracking services. With strong technological integration and customer base, Shipwaves Online continues to expand its market presence.
Disclaimer: This article is for educational and informational purposes only and should not be considered investment advice. Investors should conduct their own research and read and understand all official company documents, including the DRHP/RHP, with the assistance of a legally registered and certified financial professional before making any investment decisions. Any opinions or reviews expressed in this article are for informational purposes only and do not constitute a recommendation to buy or sell securities.
Frequently asked questions
The IPO will open for subscription on September 30, 2025 and the IPO close date is October 6, 2025.
The IPO price of Shipwaves Onine company is fixed at ₹12 per share.
The allotment date is October 7, 2025.
The listing date is October 9, 2025 on BSE SME.
