Shipwaves Online Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Shipwaves Online Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹12
Per ShareLot Size
10000 Shares
Minimum Investment
₹1,20,000
Issue Size
₹56.35 Cr
Face Value
₹1
Per ShareIPO Type
Fixed Price - SME
Retail Quota
50.01%
QIB Quota
0%
NII Quota
49.99%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Shipwaves Online Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
99.88%
Promoter Holding (Post-Issue)
66.73%
Issue Type
Fixed Price - SME
ISIN
INE0O9L01010
About the Company
We present ourselves as a comprehensive, single unified platform designed to meet our client's shipping and logistical needs. Our expertise spans across multimodal transportation solutions, offering seamless end-to-end support for shipments across Ocean, Land, and Air. With a focus on providing efficient, cost-effective, and reliable services, we enable businesses to manage and move shipments globally with ease.
Industry Overview
Our Company falls under logistics industry. The logistics industry plays a vital role in the dynamic economic landscape of India by enabling the efficient movement of goods and services throughout the country's large territory. As India strives to realise its ambitious economic goals, including achieving a GDP of US$ 5.5 trillion by 2027, the transformation of its logistics sector emerges as a pressing imperative. Given its pivotal role in supporting various industries, from manufacturing to agriculture and e-commerce, the logistics sector faces a myriad of challenges, and offers a number of opportunities. In this case study, we delve into India's logistics ecosystem, exploring the hurdles impeding its efficiency and growth, while also highlighting the pathways towards innovation and sustainable development. Through a comprehensive analysis of the sector's dynamics, we aim to uncover actionable insights that can inform strategic interventions and nurture the emergence of a more agile, resilient, and competitive logistics infrastructure in India.
Company History
Our company was originally incorporated as a Private Limited Company under the name and style of "Shipwaves Online Private Limited" in accordance with the Companies Act, 2013 pursuant to a Certificate of Incorporation issued by Registrar of Companies, Bangalore, Karnataka on February 27, 2015 with the corporate identification number (CIN) being U74900KA2015PTC079072. Subsequently, our company was converted into Public Limited Company under the Companies Act, 2013 and the name of our Company was changed to "Shipwaves Online Limited" vide a fresh Certificate of Incorporation consequent upon conversion from Private Company to Public Company dated November 18, 2022, bearing Corporate Identification Number U74900KA2015PLC079072, issued by the Registrar of Companies, Bangaluru, Karnataka.
Financial Performance
Revenue, profit after tax and total assets across the last 2 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offer of up to 4,69,60,000 equity shares of face value of Re. 1/- each ("Equity Shares") of Shipwaves Online Limited (the "Company" or the "Issuer") for cash at a price of Rs. 12/- per equity share, including a share premium of Rs. 11/- per equity share (the "Issue Price"), aggregating to Rs. 56.35 crores ("The Issue"), of which 23,50,000 equity shares of face value of Re. 1/- each for cash at a price of Rs. 12/- per equity share, aggregating to Rs. 2.82 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 4,46,10,000 equity shares of face value of Re. 1/- each for cash at a price of Rs. 12/- per equity share, aggregating to Rs. 53.53 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 33.19 % and 31.53 % respectively of the post issue paid-up equity share capital of the company. Price Band: Rs. 12/- for equity share of face value of Rs. 1 each. The floor price is 12 times times the face value of the face value of the equity shares. Bids can made for a minimum of 20,000 equity shares and in multiples of 10,000 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- The Company, Directors, Promoters and Group Companies are parties to certain legal proceedings. Any adverse decision in such proceedings may has a material adverse effect on the company business, results of operations and financial condition.
- Dependence on Leased Premises for Business Operations.
- Its dependent on and derive a substantial portion of the company revenue from a limited number of customers. Cancellation or orders by customers or delay or reduction in their orders could has a material adverse effect on the company business, results of operations and financial condition.
- The Company is dependent on a few suppliers for purchases of product/service. The loss of any of these large suppliers may affect its business operations.
- Any adverse development affecting the growth of trade volumes and freight rates may has an adverse effect on the company business, results of operations and financial condition.