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
| Category | Shares Offered* | Total Amt* (₹ Cr.) |
|---|---|---|
|
Anchor
|
2,350,000 | ₹2.820 |
|
NII
|
22,300,000 | ₹26.760 |
|
Retail
|
22,310,000 | ₹26.770 |
| Total ** | 46,960,000 | ₹56.350 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min — 2 Lots) | 2 | 20,000 | ₹240,000 |
| Retail (Max — 13 Lots) | 13 | 130,000 | ₹1,560,000 |
| S-HNI (Min — 14 Lots) | 14 | 140,000 | ₹1,680,000 |
| S-HNI (Max — 66 Lots) | 66 | 660,000 | ₹7,920,000 |
| B-HNI (Min — 67 Lots) | 67 | 670,000 | ₹8,040,000 |
| Category | QIB | NII | Retail | Total | ||||
|---|---|---|---|---|---|---|---|---|
| Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | |||
| Allocation (No. of shares) | — | — | — | — | — | 22,300,000 | 22,310,000 | 44,610,000 |
| Allotment price (Rs.) | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
| No. of applications | — | — | — | — | — | — | — | — |
| No. of shares applied | — | — | — | — | — | — | — | — |
| Amount collected (Rs.cr.) | — | 2.82 | — | — | — | 26.76 | 26.77 | 53.53 |
| No. of times subscribed | — | — | — | — | — | — | — | — |
| No. of shares allotted | — | — | — | — | — | 22,300,000 | 22,310,000 | 44,610,000 |
| Amount (Rs.cr.) | — | 2.82 | — | — | — | 26.76 | 26.77 | 53.53 |
| No. of allottees | — | — | — | — | — | — | — | — |
| Category | Shares Offered | Amt (₹ Cr) | Size (%) |
|---|---|---|---|
| Anchor / Market Maker | 2,350,000 | ₹2.82 |
5.00%
|
| NII / HNI | 22,300,000 | ₹26.76 |
47.49%
|
| Retail (RII) | 22,310,000 | ₹26.77 |
47.51%
|
| Total | 46,960,000 | ₹56.35 |
100.00%
|
| 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 |
| EBITDA Margin (%) | 17.51% | — | — |
| PAT Margin (%) | 10.01% | — | — |
Shipwaves Online Ltd proposes to utilize the net proceeds raised through this IPO for the following objects as stated in the Draft Red Herring Prospectus (DRHP) filed with SEBI: