Shipwaves Online Limited operates as a comprehensive, single unified digital platform for shipping and logistical needs. The company specializes in multimodal transportation solutions, providing end-to-end services for shipments across ocean, land, and air. Its platform offers real-time visibility and control over logistics operations. Shipwaves provides two main services: Digital Freight Forwarding, which streamlines the entire transportation process from booking to customs clearance, and Enterprise SaaS Solutions, which offer an integrated suite of tools for supply chain management, data analytics, and operational optimization.
Opening Date
Sep 30, 2025
Closing Date
Oct 06, 2025
Listing Date
Oct 09, 2025
IPO Type
SME
IPO Status
Closed
Issue Size
70.44 Cr
Fresh Issue
70.44 Cr
Offer for Sale
—
Price Band
₹12 - ₹12
Lot Size
10000
The main objectives for which the company proposes to utilize the funds raised through this Issue are:
To meet the working capital requirements of the Issuer Company, with a proposed utilization of ₹28.47 crores to fund future growth, especially for procuring services and managing sundry debtors.
To invest ₹10.00 crores in its subsidiary, Shipwaves Online LLC in Dubai, to fund its working capital requirements and support expansion in the UAE market.
For the repayment and/or pre-payment of certain secured and unsecured borrowings availed by the company, amounting to ₹15.00 crores, to reduce debt servicing costs and improve the debt-to-equity ratio.
To allocate ₹10.00 crores towards general corporate purposes, including strategic initiatives, brand building, marketing activities, and meeting unforeseen business contingencies.
P/E Ratio
12
EPS
12
ROE
50.85%
ROCE
25.79%
RONW
41.89%
Debt to Equity Ratio
1.33
PAT Margin
10.01%
EBITDA Margin
17.51%
P/B
4.38
Strong Export Revenue.
Experienced Promoters & Execution Team.
Software service in logistic industry.
Strong relationship with clients and suppliers.
Dependency on 3rd Party transporter.
Limited Client base.
Lack of Marketing.
Expansion to new domestic markets.
Rising Export opportunities.
Development and enhancing integrated software.
Building Brand image.
War Situations.
Changes in Import-Export laws and regulations.
Labour & Operational challenges.
Competition in the open market.