Shipwaves Online IPO

About the company

Incorporated in 2015, Shipwaves Online offers multimodal transportation solutions across ocean, land, and air with real-time visibility as a comprehensive, single unified platform for shipping and logistics needs. It operates through two primary services: digital freight forwarding and enterprise SaaS solutions. In FY25, freight forwarding contributed 83.35% of revenue, of which 66.45% came from ocean shipment, followed by road shipment at 12.10%. 63.18% of revenue comes from India, while exports accounted for the rest in FY25. Domestically, Karnataka contributed 61.11% of revenue, followed by Maharashtra at 28.24% in FY25. The company has a subsidiary, “Shipwaves Online LLC” in Dubai, which focuses on digital freight forwarding in the Middle East region.

Financial performance (₹ Cr)

Subscription breakup (final, times)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   10 Dec 2025

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   12 Dec 2025

   Last day to place your bid

3. Basis of Allotment

   Completed
   15 Dec 2025

   Share allotment finalised

4. Refund Initiation

   Completed
   16 Dec 2025

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   16 Dec 2025

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   17 Dec 2025

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.