Issue Price
₹12
Per Share
GMP
NIL
Grey Market
Est. Listing
₹12
Expected Price
Min. Application
₹240,000
2 lots × 10000 shares
Incorporated in 2015, Shipwaves Online Limited is engaged in the business of digital freight forwarding and enterprise SaaS solutions.The company offers a unified platform for shipping and logistics, providing multimodal transportation solutions ocean, land, and air ensuring efficient, cost-effective, and reliable global shipment management.Services:Digital Freight Forwarding:Leveraging advanced technology to streamline logistics processes, providing end-to-end support for global shipments.Enterprise SaaS Solutions:Offering software solutions that digitalize shipping and logistics, delivering real-time data insights to enhance operational efficiency.Other Services: The company offers trade finance, insurance, warehousing, customs clearance, and relocation services for secure, efficient global logistics.As of the February 28, 2025, the company has 35 employees on payroll.Competitive Strengths:Experienced Promoters and Qualified Management TeamInnovative Software: Revolutionizing Logistics SolutionsCommitment to Cost Efficiency and Excellence in LogisticsDiverse Customer Base Across Many SectorsComprehensive and Customized Third-Party Logistics Solutions
Shipwaves Online Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 2,350,000 | — | ₹2.82 Cr | — |
| TOTAL | 46,960,000 | 100.00% | ₹56.35 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹120,000 |
| Retail (Max) | 13 | 130,000 | ₹1,560,000 |
| sNII (Min) | 14 | 140,000 | ₹1,680,000 |
| bNII (Min) | 68 | 680,000 | ₹8,160,000 |
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 108.65 | 97.28 | 69.49 |
| EBITDA | 18.96 | 11.04 | 4.06 |
| Profit After Tax (PAT) | 12.20 | 6.29 | 2.24 |
| Net Worth | 25.87 | 14.82 | -1.31 |
| Total Assets | 81.86 | 53.98 | 26.43 |
| Reserves & Surplus | 16.42 | 5.37 | -0.41 |
| Total Borrowings | 34.52 | 24.14 | 8.89 |