Shipwaves Online Ipo
Shipwaves Online IPO Review & Key Points
Review:
IPO Lead Managers aka Merchant Bankers
Finshore Management Services Ltd.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 20,000 | ₹2,40,000 |
| Retail Maximum | 2 | 20,000 | ₹2,40,000 |
| S-HNI Minimum | 3 | 30,000 | ₹3,60,000 |
| Investor Category | Share Offered | -% Shares |
| NII Shares Offered | – Shares | 50% |
| Retail Shares Offered | – Shares | 50% |
| IPO Open Date: | 2025 |
| IPO Close Date: | 2025 |
| Basis of Allotment: | 2025 |
| Refunds: | 2025 |
| Credit to Demat Account: | 2025 |
| IPO Listing Date: | 2025 |
| IPO Bidding Cut-off Time: | 2025 – 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 9,45,35,000 | 99.96% |
| Promoter Holding Post Issue | 14,14,95,000 | 66.73% |
| Purpose | Crores |
| To meet Working Capital Requirements of Issuer Company | 28.47 |
| Investment in Subsidiary for funding its working capital requirements | 10.00 |
| Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Issuer Company | 15.00 |
| Issue Related Expenses | 6.97 |
| General Corporate Purpose | 10.00 |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2024 | ₹97.28 | ₹90.03 | ₹6.29 | ₹53.98 |
| 2025 | ₹108.65 | ₹9497.82 | ₹12.20 | ₹81.86 |
| KPI | Values |
| ROE: | 77.44% |
| ROCE: | 75.10% |
| EBITDA Margin: | 20.80% |
| PAT Margin: | 18.82% |
| Debt to equity ratio: | 0.08 |
| Earning Per Share (EPS): | ₹1.15 (Basic) |
| Price/Earning P/E Ratio: | 10.47 |
| Return on Net Worth (RoNW): | 41.89% |
| Net Asset Value (NAV): | ₹2.74 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Tiger Logistics (India) Limited | 2.56 | 20.12 | 19.54% | 13.08 | 536.31 Cr. |
| Lancer Container Lines Limited | (0.01) | (1,262.00) | (0.07%) | 19.45 | 699.14 Cr. |
| Timescan Logistics (India) Limited | 8.38 | 7.04 | 22.32% | 37.54 | 257.97 Cr. |
| IPO Open Date | 2025 |
| IPO Close Date | 2025 |
| Face Value | ₹1 Per Equity Share |
| IPO Price Band | ₹12 Per Share |
| Issue Size | Approx ₹56.35 Crores |
| Fresh Issue | Approx ₹56.35 Crores |
| Issue Type | Fixed Price Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |