Shipwaves Online IPO Subscribed 0.45x on Day 1

Shipwaves Online IPO subscription started on Wednesday, December 10, 2025, and will close on December 12, 2025, as per the schedule. The price band is set at ₹12 per share with a face value of ₹1.

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Shipwaves Online IPO Subscription Status

Shipwaves Online IPO was subscribed over 0.45x on its First day till 05.00 PM on 10th December 2025. 

  • Shipwaves Online IPO subscription QIB investors’ portion is 0.00x times, while NII subscribed 0.23x times, and RII investors subscribed 0.67x times.
  • The company has received bids for 1,99,90,000 shares against 4,46,10,000 shares on offer on the First day. 
  • Shipwaves Online IPO was subscribed over 0.45x times on day 1.

About the Shipwaves Online IPO

Shipwaves Online Limited is one of the leading companies in terms of providing digital freight forwarding services and software solutions for businesses. Moreover, the company also offered a single platform for shipping and logistics, whether it could be by sea, land, or air. Moreover, as the company has capabilities of multimodal transport, the company provides flexibility of routes and modes of transportation to meet the client’s requirements. Moreover, due to this accessibility, they are able to provide good services to the consumers. The company assists other businesses to enhance freight movement, reduce manual work, and achieve cost and time savings. 

In their Freight Forwarding, various shipping services and methods are available, such as Ocean Full Container Load, Ocean Less than Container Load, NVOCC Non-Vessel Operating Common Carrier Air Cargo, and  Road Transport. 

Additionally, in Ocean FCL, a full container is used to transport goods for just a single client, along with security, faster transit, and cost efficiency for bulk shipments. On the flip side, various clients’ goods in containers, along with cost efficiency and small space for shipments, do not require a full container.

Shipwaves Online IPO Company Financial Report

The company reported revenue of ₹108.65 crores in 2025. The company reported a profit of ₹12.20 crores in 2025.   

Shipwaves Online IPO GMP

Shipwaves Online IPO GMP was ₹0 as of Wednesday, 10th December. That indicates the IPO is trading at ₹12 with a ₹0 premium in the grey market against the issue price of ₹12.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.

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