IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
Shipwaves Online IPO is a Fixed Price IPO listing on BSE SME exchange, with an ipo size of ₹ 56.35 Cr. The company is based in Mangalore and caters to Logistics sector. Finshore Management Services is the merchant banker of Shipwaves Online IPO. It is a SME Upcoming IPO which filed its Draft Red Herring Prospectus (DRHP) on 27th March 2025.
IPO
Size:
₹ 56.35 Cr.
Avg IPO Size (Sector Based)
: ₹
24.62 cr.
Sector: Logistics
SME
IPO so far:
53
Merchant Banker:
Finshore Management
SME
IPO by BRLM so far:
54
City:
Mangalore
SME
IPO so far:
0
Revenue (annualised):
₹
108.28
cr. 
PE
Ratio:
10.93x
Average Sector PE Ratio: 15.63x
Shipwaves Online IPO size is ₹ 56.35 Cr. with IPO price of ₹ 12.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
| Particulars | Amount |
|---|---|
| To meet Working Capital Requirements of Issuer Company | 17.13 |
| Investment in Subsidiary for funding its working capital requirements | 10.00 |
| Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Issuer Company | 15.00 |
| To meet the Issue Expenses | 5.77 |
| General Corporate Purposes | 8.45 |
Finshore Management Services Limited is the book-running lead manager of the Shipwaves Online IPO. Cameo Corporate Services Limited is the Registrar for Shipwaves Online IPO.
Shipwaves Online IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Shipwaves Online IPO, based in Mangalore, operates in the Logistics sector with a focus on End-to-end logistics services provider. The company is launching its SME Upcoming IPO on the BSE SME exchange, using the Fixed Price Issue method. Shipwaves Online IPO size is ₹ 56.35 Cr. with fresh issue size of ₹ 56 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Shipwaves Online IPO is expected to be [●], after the finalization of basis of allotment. Investors can check Shipwaves Online IPO allotment status on the registrars website, Cameo Corporate Services Limited . Shipwaves Online IPO refund dates are [●].
Shipwaves Online IPO is expected to be listed on [●].
The upper price band for the Shipwaves Online IPO is set at ₹ 12.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Shipwaves Online IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Shipwaves Online IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of [●]. After submission, funds are blocked until the basis of allotment of Shipwaves Online IPO is finalised.
The merchant banker for Shipwaves Online IPO is Finshore Management Services Limited . Finshore Management Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Shipwaves Online IPO RHP for further details.
The registrar for Shipwaves Online IPO is Cameo Corporate Services Limited . Investors can go to Cameo Corporate Services Limited registrar website for IPO allotment status, refund processing, and other queries related to Shipwaves Online IPO through their official website or helpline.
Shipwaves Online IPO was subscribed [●] times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Get
Ready Image
IPO
Size:
₹ 56.35 Cr.
Avg IPO Size (Sector Based)
:
₹ 24.62 Cr.
Sector: Logistics
SME
IPO so far:
53
Merchant Banker:
Finshore Management
SME
IPO by BRLM so far:
54
City:
Mangalore
SME
IPO so far:
0
Revenue (annualised):
₹ 108.28 cr.
PE
Ratio:
10.93x
Average Sector PE Ratio: 15.63x
Shipwaves Online IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Shipwaves Online Financial Review Page
Merchant Banker(s) of Shipwaves Online IPO: Finshore Management Services Limited
Shipwaves Online IPO subscription was X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Shipwaves Online IPO listed at a listing price of against the offer price of 12.00.
The current market price of Shipwaves Online is .
Why Us?
