Shipwaves Online IPO description – Incorporated in 2015, Shipwaves Online is a unified logistics and shipping solutions provider specializing in multimodal transportation—ocean, land, and air—serving global trade needs with efficiency, cost-effectiveness, and reliability. As of 31 August 2025, the company employs 35 staff members and operates across two core service segments: Digital Freight Forwarding and Enterprise SaaS Solutions.
In its digital freight forwarding arm, Shipwaves delivers end-to-end logistics services, including cargo booking, real-time shipment tracking, automated documentation, and customs clearance, reducing manual intervention and optimizing cost and transit times. Leveraging a technology-first approach, the platform offers full transparency from origin to destination, supporting both speed-sensitive and cost-driven shipments.
The Enterprise SaaS Solutions division provides advanced supply chain management tools, offering real-time analytics, predictive demand forecasting, inventory management, and shipment planning. These software capabilities enable clients to digitalize and automate logistics operations, enhance efficiency, mitigate risks, and improve performance.
Additionally, Shipwaves offers competitive 3PL (third-party logistics) services encompassing transportation, warehousing, and value-added solutions, including cross-border freight operations to support international trade.
Promoters of Shipwaves Online – Mr. Kalandan Mohammed Haris, Mr. Kalandan Mohammed Althaf, Mr. Kalandan Mohammad Arif, Mr. Abid Ali, Mrs. Bibi Hajira and Mr. Mohammed Sahim Haris
Table of Contents
Shipwaves Online IPO Details
| Shipwaves Online IPO Dates | Postpond |
| Shipwaves Online Issue Price | INR 12 per share |
| Fresh Issue | 4,69,60,000 shares (INR 56.35 crore) |
| Offer For Sale | Nil |
| Total IPO Size | 4,69,60,000 shares (INR 56.35 crore) |
| Minimum Bid | 20,000 shares (INR 2,40,000) |
| Lot Size | 10,000 shares (INR 1,20,000) |
| Face Value | INR 1 per share |
| Individual Allocation | 50% |
| Listing On | BSE SME |
Shipwaves Online Financial Performance
| FY 2023* | FY 2024 | FY 2025 | |
| Revenue | 69.31 | 96.71 | 108.28 |
| Expenses | 66.45 | 90.03 | 94.98 |
| Net income | 2.24 | 6.29 | 12.20 |
* All Standalone Data
Shipwaves Online Offer News
- Shipwaves Online RHP
- Shipwaves Online Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
Shipwaves Online Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 0.24 | 0.62 | 1.15 |
| PE ratio | – | – | 10.44 |
| RONW (%) | 24.78 | 39.38 | 41.89 |
| NAV | 0.96 | 1.57 | 2.74 |
| ROCE (%) | 15.41 | 22.78 | 25.79 |
| EBITDA (%) | 5.86 | 11.42 | 17.51 |
| Debt/Equity | 1.45 | 1.63 | 1.33 |
Shipwaves Online IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – |
Shipwaves Online IPO Subscription – Live Updates
The market maker reservation portion of 23,50,000 shares is not included in the above calculations.
Shipwaves Online IPO Allotment Status
Shipwaves Online IPO allotment status will be available on Cameo Corporate Services’ website. Click on this link to get the allotment status.
Shipwaves Online IPO Dates & Listing Performance
| IPO Opening Date | Coming soon |
| IPO Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Initiation of refunds | Coming soon |
| Transfer of shares to demat accounts | Coming soon |
| IPO Listing Date | Coming soon |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Shipwaves Online Offer Lead Manager
FINSHORE MANAGEMENT SERVICES LIMITED
Anandlok Building, Block-A, 2nd Floor, Room No. 207, 227
A.J.C Bose Road, Kolkata-700020, West Bengal, India
Phone: 033 – 2289 5101 / 4603 2561
Email: [email protected]
Website: www.finshoregroup.com
Shipwaves Online Offer Registrar
CAMEO CORPORATE SERVICES LIMITED
Subramanian Building, 1 Club House Road
Chennai – 600 002
Phone: +91 40 6716 2222
Email: [email protected]
Website: www.cameoindia.com
Shipwaves Online Contact Details
SHIPWAVES ONLINE LIMITED
18-2-16/4(3), 3rd Floor, Mukka Corporate House, 1st Cross,
Attavara, Dakshina Kannada, Mangalore, Karnataka, 575001
Phone: +91 95381 49978
E-mail: [email protected]
Website: www.shipwaves.com
IPO FAQs
What is the Shipwaves Online offer size?
Shipwaves Online’s offer size is INR 56.35 crores.
What is the Shipwaves Online offer price band?
Shipwaves Online public offer price is INR 12 per share.
What is the lot size of the Shipwaves Online IPO?
Shipwaves Online offer lot size is 10,000 shares.
What is the Shipwaves Online IPO GMP today?
Shipwaves Online IPO GMP today is INR NA per share.
What is the Shipwaves Online kostak rate today?
Shipwaves Online kostak rate today is INR NA per application.
What is the Shipwaves Online IPO Subject to Sauda rate today?
Shipwaves Online Subject to Sauda rate today is INR NA per application.