Shipwaves Online IPO: Check IPO date ...

An Investor’s Guide To Shipwaves Online IPO 


As India pushes towards its bold target of reaching a USD 5.5 trillion economy by 2027, it is improving the logistics sector. This supports everything from factories and farms to online shopping, yet it also carries its own set of hurdles. Shipwaves Online is already active in this space and plans to roll out its IPO this September.


Finshore Management Services will be the Shipwaves Online IPO manager and Cameo Corporate will register this IPO Also, check the allotment status.

See the Shipwaves Online Limited DRHP and RHP

Note: For Shipwaves Online Limited IPO, 50% of the IPO shares will become tradable 30 days after allotment, and the remaining portion will be released from lock-in after 90 days.

Shipwaves Online Private Limited: Company Profile

The company profile of Shipwaves Online is listed below:

Particulars

Details 

Incorporate In   

2015

Registered Office 

Karnataka

Promoter 

Kalandan Mohammed Haris, Kalandan Mohammed Althaf, Arif, Abid Ali, Bibi Hajira, and Mohammed Sahim Haris

Services  

Logistics Solutions 

Competitors 

Tiger Logistics, Lancer Container Lines, and Timescan Logistics


Shipwaves IPO Details 

Here are the details investors should know about the Shipwaves Online company IPO. 

  • Shipwaves Online IPO Date


Event / Milestone

Date

Public issue opens

30 Sep 2025 (now postponed)

Public issue closes

06 Oct 2025 (now postponed)

UPI mandate deadline

06 Oct 2025 (5 PM) (now postponed)

Basis of allotment finalisation

07 Oct 2025 (now postponed)

Refunds begin

08 Oct 2025 (now postponed)

Shares in demat account

08 Oct 2025 (now postponed)

Stock exchange listing

09 Oct 2025 (now postponed)

UPI mandate expiry

21 Oct 2025 (now postponed)

Anchor investors’ lock-in ends (50% portion)

06 Nov 2025 (now postponed)

Anchor investors’ lock-in ends (remaining)

05 Jan 2026 (now postponed)



  • Shipwaves Online Ltd. IPO Size


Particulars

Shares

Aggregate Value 

Fresh Issue 

4,69,60,000

₹56.35 crores

Offer for Sale

Overall Issue 

4,69,60,000

₹56.35 crores


  • Objectives of the Shipwaves Online Offer  


Particulars

Estimated Amount (₹ in lakhs)

% of Total Issue Size

Amount to be financed (₹ in lakhs)

Working Capital Requirements

1,713.05

30.40%

1,713.05

Investment in Subsidiary

1,000.00

17.75%

1,000.00

Repayment/pre-payment

1,500.00

26.62%

1,500.00

General Corporate Needs

845.28

15.00%

845.28

Net IPO Proceeds

5,058.33

89.76%

5,058.33



  • Other takeaways and the Shipwaves Online IPO price


Particulars

Description

Face value

₹1

Price Range

₹12

Lot Size 

10,000 Shares

Listed At 

BSE SME


  • Categorisation of Different Investors  

Investor Category

Shares Offered

% of Total Shares Offered

Market Maker

23,50,000

5.00%

NII (HNI)

2,23,00,000

47.49%

Retail

2,23,10,000

47.51%

Total

4,69,60,000

100.00%

  • Anchor Investor


Particulars

Description

Offer period 

NA

Terms of Payment 

NA


Shipwaves Online Private Limited IPO details: Key Financials 

Particulars

2025

2024

2023

Total Share Capital

945.35

945.35

945.35

Total Net Worth

2,587.41

1,482.21

904.34

Total Revenue

10,828.41

9,671.02

6,930.84

Profit After Tax

1,083.77

583.68

224.11

Earnings Per Share (Basic & Diluted)

1.15

0.62

0.24

NAV

2.74

1.57

0.96

Total Borrowings

3,452.45

2,413.52

1,310.90


Strengths and risks

See the major risks and strengths of Shipwaves Online Limited:


Strengths


  • Decades of Know-How: They’ve been in logistics for more than 40 years. That kind of experience gives the business confidence to handle tricky situations.

  • One-Stop Shop: Clients don’t have to juggle multiple vendors. From freight forwarding to customs clearance, everything is managed under one roof.

  • Strong Bonds: Over the years, the company has built long, trusted relationships with clients and suppliers. 

  • Growing Beyond Borders: With offices across India and even a base in the UAE, the company is steadily stepping into the international trade space.


Risks


  • Legal Clouds: The company, its promoters, and related entities are caught up in multiple litigations and tax matters.

  • Heavy Reliance on Key Clients: A big slice of revenue still comes from the top five customers. If even one major client walks away, it could leave a noticeable dent.

  • Depending on Third Parties: The business model depends on a lot of outside transporters.

  • Competitive and Policy Hurdles: Changing import-export laws, global uncertainties, and tough competition in logistics are constant hurdles the company has to stay alert about.

Is Shipwaves Online IPO Worth the Hype?

The Shipwaves Online IPO GMP was not announced on 29 September 2025. You can still check out the company’s profile and its RHP to gather insights.

Also, check the latest GMP here

Before applying, you must also see the live subscription numbers. Apply today.

FAQs

1. How is the Shipwaves Online IPO review?

Shipwaves Online is seen as a service-based company, with expansion capital as a key objective. For the latest sentiment, you can look for the GMP updates

2. What is the Shipwaves Online IPO date?

The IPO open date is 30 September 2025, and the closing date is 6 October 2025. But one can monitor live subscription details in real time.

3. What is the Shipwaves Online share price? 

The Shipwaves Online IPO price is ₹12 as per the latest Shipwaves Online IPO news. The final issue price will fall within this range. Also, don't forget to check the Shipwaves Online IPO allotment details. 

4. Should I use a demat account to bid for the Shipwaves Online IPO?

Yes, a demat account is required to bid for the Shipwaves Online IPO. Click here to get the ultimate list of the top demat account providers.
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