Shipwaves Online IPO GMP: Day 1 IPO Live Updates
Posted by : sachet | Wed Dec 10 2025
The Shipwaves Online IPO GMP is ₹4 as of 10th December 2025. It is a bookbuilding IPO of ₹56.35 crores. This is an entirely fresh issue of 4.70 crore shares. The issue will be listed on BSE and NSE on its tentative listing date, 17th December 2025. The face value of Shipwaves Online IPO shares is ₹1 per share, and the IPO price band is ₹12 per share. Retail investors can bid for a minimum of 2 lots of 20,000 shares worth ₹2,40,000.
Shipwaves Online IPO GMP Grey Market Premium
As mentioned earlier, the Shipwaves Online IPO GMP currently stands at ₹0 per share. Thus, the estimated listing price would be flat at ₹460. This indicates that the estimated listing gain in this IPO could be 0.00%. Explore the table for Riddhi Display Equipment IPO GMP updates.
| GMP DATE | IPO Price | GMP Price | Estimated Listing Price | Estimated Gain |
| 10-12-2025 | ₹12.00 | ₹4.00 | ₹16.00 | 33.33% |
| 9-12-2025 | ₹12.00 | ₹0.00 | ₹12.00 | 0.00% |
Note: GMP details are subject to change based on market conditions and fluctuations. Check the live Shipwaves Online IPO GMP status at Univest.
Shipwaves Online IPO Details
| IPO Allotment Date | 15th December 2025 |
| IPO Open Date | 10th December 2025 |
| IPO Close Date | 12th December 2025 |
| Refund Initiation | 16th December 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 | ₹12 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Listing Date | 17th December 2025 |
Also Read: Shipwaves Online IPO GMP & Review: Apply or Avoid?
Explanation
Shipwaves Online IPO: Shipwaves Online IPO Limited has declared an issue price band of ₹12 per share. With this IPO, the company allows retail investors to bid for at least one lot of 20,000 shares, each worth ₹2,40,000. The face value of Shipwaves Online IPO Limited shares is ₹1 per share. The shares of Shipwaves Online IPO Limited will be listed on BSE and SME on its tentative listing day, 17th December 2025. Scroll down to check GMP updates and Shipwaves Online IPO reviews.
Shipwaves Online IPO Objectives
The primary aim of the Shipwaves Online IPO is to raise ₹56.35 crores. On the other hand, Shipwaves Online has decided to utilise these funds in different ways.
- To meet the Working Capital Requirements of the Issuer Company
- Investment in a Subsidiary for funding its working capital requirements
- Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Issuer Company
- General Corporate Expenses
Shipwaves Online IPO Registrar
Cameo Corporate Services Limited is the registrar for the Shipwaves Online IPO, awaiting to manage the allotment process and initiate 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 increased by 94% from ₹6.29 crores in March 2024 to ₹12.20 crores in March 2025.
Most analysts recommend applying for this IPO to diversify your investment portfolio. However, we’re waiting for additional ratings to get a clearer picture and will keep posting 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 IPO Technicals
| Key Indicators | Value |
| PE Ratio (Price-to-Earnings) | 9.30 |
| 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 PE ratio of Shipwaves Online Limited shares is 9.30, and its Earnings Per Share (EPS) stands at 1.29. Thus, the Shipwaves Online IPO can deliver gains on its tentative listing date, 17th December 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. Explore the table below to get post-issue updates on these two metrics.
| Indicators | Pre-IPO | Post-IPO |
| PE Ratio | 9.30 | 18.12 |
| EPS | 1.29 | 0.66 |
FAQs on Shipwaves Online IPO
What is the Shipwaves Online IPO GMP?
Currently, on 10th December 2025, the Shipwaves Online IPO GMP (Grey Market Premium) stands at ₹4. This indicates that the estimated listing price could be ₹16 per share.
What is the issue price of Shipwaves Online IPO?
The Shipwaves Online IPO issue price band 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 (30,000 shares) worth ₹3,60,000.
Who is the registrar of the Shipwaves Online IPO?
Cameo Corporate Services Limited is the registrar for the Shipwaves Online IPO, awaiting the allotment process and the initiation of 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 your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
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