
Shipwaves Online IPO Listing at 0% Premium at ₹12 Per Share
Posted by : sachet | Wed Dec 17 2025

Shipwaves Online IPO listing: The Shipwaves Online IPO was subscribed 1.64 times at the time of its closing. In this subscription, qualified institutional buyers (QIBs) received [.] times, and non-institutional investors (NIIs) received 0.36 times. The retail quota of the issue was subscribed to 47.51%. Before delving deeper into the topic, go through the details of the Shipwaves Online IPO.
Shipwaves Online IPO
It is a fixed price issue of ₹56.35 crore shares. The issue is entirely a fresh issue of 4.70 crore shares. The IPO is expected to be listed on the BSE and SME with a tentative listing date of 17th December 2025. The Vidya Wires IPO is expected to take place from 10th December 2025 to 12th December 2025. The face value of Vidya Wires IPO shares is ₹1 per share, and the IPO price is set at ₹12 per share.
| 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(agg. 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 |
Shipwaves Online IPO Listing
On the BSE & SME platforms, Shipwaves Online shares are listed at ₹12 per share, reflecting a 0% premium over the issue price of ₹12 per share. On the other hand, on the BSE & SME platform, shares are listed at ₹12 per share, reflecting a premium of 0% from their issue price of ₹12 per share.
About the Shipwaves Online IPO
Shipwaves Online was established in 2015. Shipwaves Online Limited is engaged in the business of digital freight forwarding and enterprise SaaS solutions. The company offers a unified platform for shipping and logistics, providing multimodal transportation solutions, ocean, land, and air, ensuring efficient, cost-effective, and reliable global shipment management. The company provided the services such as Digital Freight Forwarding, Enterprise SaaS Solution and other services like finance, insurance, warehousing, custom clerance and relocation services.
Shipwaves Online Limited Financials
The company’s financial analysis is essential before applying for Shipwaves Online Limited’s IPO. Refer to the table to learn about Vidya Wires Limited’s financial information.
| Year Ended | 30th Sep 2025 (in cr.) | 31st March 2025 (in cr.) | 31st March 2024 | 31st March 2023 |
| Assets | 98.37 | 81.86 | 53.98 | 26.43 |
| Revenue | 41.71 | 108.65 | 97.28 | 69.49 |
| Profit After Tax | 4.68 | 12.20 | 6.29 | 2.24 |
| EBITDA | 7.89 | 18.96 | 11.04 | 4.06 |
| Net Worth | 30.77 | 25.87 | 11.04 | 4.06 |
| Reserves and Surplus | 21.32 | 16.42 | 5.37 | -0.41 |
| Total Borrowings | 40.04 | 34.52 | 24.14 | 8.89 |
Explanation
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.
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