Shipwaves Online IPO GMP: Day 1 IPO Live Updates

September 30, 2025
Posted by: sachet
Category: IPO

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The Shipwaves Online IPO GMP is ₹0 as of 30th September 2025. It is a book-building IPO of ₹56.35 crores, comprising a fresh issue of ₹4.70 crores shares. The issue will be listed on BSE and SME on its tentative listing date, 9th October 2025. The face value of Shipwaves Online shares stands at ₹10 per share, and the IPO price band is set at ₹12 per share. Retail investors can bid for a minimum of 2 lots of 20,000 shares worth ₹2,40,000.

Table of Contents

Shipwaves Online IPO Grey Market Premium

As of 30th September 2025, the Shipwaves Online IPO GMP stands at ₹0 per share. Thus, the estimated listing price would be ₹12. This indicates that the estimated listing gain in this IPO could be 0.00%. However, GMP details are subject to change based on market conditions and fluctuations. Explore the table for the Shipwaves Online IPO GMP updates.

GMP Date	IPO Price	GMP	Estimated Listing Price	Estimated Listing Gains
30-09-2025	₹12.00	₹0.00	₹12.00	0.00%
29-09-2025	₹12.00	₹0.00	₹12.00	0.00%
28-09-2025	₹12.00	₹0.00	₹12.00	0.00%
27-09-2025	₹12.00	₹0.00	₹12.00	0.00%
26-09-2025	₹12.00	₹0.00	₹12.00	0.00%

Shipwaves Online IPO Details

IPO Open Date	30th September 2025
IPO Close Date	6th October 2025
IPO Allotment Date	7th October 2025
Refund Initiation	8th October 2025
Issue Size	4,69,60,000 shares(aggregating up to ₹56.35 Cr)
Face Value	₹1 per share
Lot Size	10,000 shares
Issue Price Final	₹12 per share
Issue Type	Bookbuilding IPO
Listing At	BSE & SME
Listing Date	9th October 2025

Explanation

Shipwaves Online IPO: Shipwaves Online Limited has announced that the issue price is set at ₹12 per share. With this IPO, the company allows retail investors to bid for two lots of 20,000 shares worth ₹2,40,000. The face value of Shipwaves Online Limited shares is ₹10 per share. The shares of Shipwaves Online Limited will be listed on BSE and SME on its tentative listing day, 6th October 2025. Scroll down to view GMP updates and reviews of the Shipwaves Online IPO.

Objectives of the Shipwaves Online IPO

The primary aim of the Shipwaves Online IPO is to raise ₹56.35 crore. On the other hand, Shipwaves Online has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Shipwaves Online IPO.

To meet the Working Capital Requirements of the Issuer Company
To invest in a Subsidiary for funding its working capital requirements
To Repayment and/or pre-payment, in whole or part, of certain borrowings availed by the Issuer Company
To Issue Related Expenses
To General Corporate Expenses

Shipwaves Online IPO Registrar

Cameo Corporate Services Limited is the registrar of the Shipwaves Online IPO, responsible for managing the allotment procedure and initiating refunds. For any queries regarding the Shipwaves Online allotment and refund, you can contact Cameo Corporate Services Limited at ipo@cameoindia.com or +91-44-28460390.

Shipwaves Online IPO Review

The Shipwaves Online IPO has gained neutral ratings from industry experts, brokers, and institutional investors. Shipwaves Online Limited’s revenue increased by 12% from ₹97.28 crores in March 2024 to ₹108.65 crores in March 2025. Moreover, the company’s PAT rose by 94% from ₹6.29 crores to ₹12.20 crores.

Most analysts recommend applying for this IPO to diversify your investment portfolio in the stock market. However, we’re waiting for further ratings to gain a better understanding and will continue to post them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the Shipwaves Online IPO or not.

Shipwaves Online Limited Technicals

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Shipwaves Online IPO.

Key Indicators	Value
PE Ratio (Price-to-Earnings)	9.3
EPS (Earnings Per Share)	1.29
RoNW	41.89%
ROCE	25.79%
ROE	50.85%
EBITDA Margin	17.51%
Price to Book Value	4.38
Market Capitalisation	₹169.79 Cr.

The P/E ratio of Shipwaves Online Limited’s share is 9.3, and its Earnings Per Share (EPS) stands at 1.29. Thus, the Shipwaves Online Limited IPO can potentially deliver gains on its tentative listing date, 9th October 2025.

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Shipwaves Online Limited are subject to change after the IPO. Refer to the table below for post-issue updates on these two metrics.

Indicators	Pre-IPO	Post-IPO
PE Ratio	9.3	13.92
EPS	1.29	0.86

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FAQs on Shipwaves Online IPO

What is the GMP of the Shipwaves Online IPO?

Ans. As of 30th September 2025, the Shipwaves Online (Grey Market Premium) stands at ₹0. This suggests that the estimated listing price could be ₹12 per share.

What is the issue price of the Shipwaves Online IPO?

Ans. The Shipwaves Online IPO price is set at ₹12 per share. Retail investors can apply for a minimum of 2 lots, each consisting of 20,000 shares, worth ₹2,40,000. Moreover, HNIs are required to bid for a minimum of 3 lots (20,000 shares) worth ₹3,60,000.

Who is the registrar of the Shipwaves Online IPO?

Ans Cameo Corporate Services Limited is the registrar of the Shipwaves Online IPO, responsible for managing the allotment procedure and initiating refunds. For any queries regarding the Shipwaves Online allotment and refund, you can contact Cameo Corporate Services Limited at ipo@cameoindia.com or +91-44-28460390.

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Shipwaves Online IPO, download the Shipwaves Online IPO RHP and Shipwaves Online IPO DRHP. Conduct thorough research before investing in IPOs to minimise the risk of significant losses. You can also consult your financial advisor.