Shipwaves Online IPO
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 10-12-2025 | 12-12-2025 | ₹1 per share | ₹12 per share | 10,000 Shares | BSE SME | 4,69,60,000 shares (aggregating up to ₹56.35 Cr) | 2025-12-15 00:00:00 | 2025-12-16 00:00:00 | 2025-12-16 00:00:00 | 17-12-2025 |
About The Company
Shipwaves Online IPO is a fixed price issue of ₹56.35 crores. The issue is entirely a fresh issue of 4.70 crore shares of ₹56.35 crore.
Shipwaves Online IPO opens for subscription on Dec 10, 2025 and closes on Dec 12, 2025. The allotment for the Shipwaves Online IPO is expected to be finalized on Dec 15, 2025. Shipwaves Online IPO will list on BSE SME with a tentative listing date fixed as Dec 17, 2025.
Shipwaves Online IPO price is ₹12.00 per share . The lot size for an application is 10,000. The minimum amount of investment required by an individual investor (retail) is ₹2,40,000.00 (20,000 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (30,000 shares), amounting to ₹3,60,000.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-03-2023 | 26 | 69 | 2 | -1.31 | -0.41 | 8.89 |
| 31-03-2024 | 54 | 97 | 6 | 14.82 | 5.37 | 24.14 |
| 31-03-2025 | 82 | 109 | 12 | 25.87 | 16.42 | 34.52 |
| 30-09-2025 | 98 | 42 | 5 | 30.77 | 21.32 | 40.04 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Non-Institutional Buyers | 0.36 |
| Individual Investors | 2.92 |
| Total | 1.64 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 20000 | 240000 |
| Individual investors (Retail) (Max) | 2 | 20000 | 240000 |
| HNI (Min) | 3 | 30000 | 360000 |
IPO Listing Details
| Listing Date | 17-12-2025 |
| BSE Script Code | 544646 |
| NSE Symbol | |
| ISIN | INE0O9L01010 |
| Final Issue Price | 12 |
Promoter holdings
Mr. Kalandan Mohammed Haris, Mr. Kalandan Mohammed Althaf, Mr. Kalandan Mohammad Arif, Mr. Abid Ali, Mrs. Bibi Hajira and Mr. Mohammed Sahim Haris
Contact Information of the Company
Shipwaves Online Ltd. Address
18-2-16/4(3), 3rd Floor,
Mukka Corporate House 1st cross,
Attavara, Dakshina Kannada
Mangaluru, Karnataka, 575001
Phone: +91 95381 49978
Email: secretarial@shipwaves.com
Website: http://www.shipwaves.com/
IPO Registrar
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: ipo@cameoindia.com
Website: https://ipo.cameoindia.com/
IPO Lead Manager
Finshore Management Services Ltd.