Shipwaves Online IPO will open for subscription on September 30, 2025, and close on October 6, 2025. This IPO is a Fixed Price Issue, through which the company plans to raise about ₹56.35 crores, including a fresh issue of ₹56.35 crores and an offer for sale of up to [.] equity shares with a face value of ₹1 each.

The issue price has been set at ₹12 per share. The allocation will be 50% for retail investors, 0% for QIBs, and 50% for HNIs. The company’s shares are scheduled to list on the BSE on October 9, 2025, and the basis of allotment will be finalized on October 7, 2025.

For the financial year 2024, the company reported revenue of ₹97.28 crores and a net profit of ₹6.29 crores. Considering these financials, long-term investors may find this IPO attractive.

About Shipwaves Online IPO

Shipwaves is Asia's first Digital Freight Forwarder, founded in 2015. We are a logistics company that is fully built around the needs of shippers. Our mission is to provide solutions through technology and logistics expertise, helping shippers around the world plan, book, and manage their shipments. We offer a range of services to our customers, including instant rates, quick quotes, online booking, and real-time visibility.

With offices in India and UAE, Shipwaves has partnered with numerous shipping, air cargo, trucking and Fintech companies.

Additionally, Shipwaves offers SaaS solutions to global enterprise customers, automating their end-to-end shipping processes. It leverages the latest technologies, automation tools, and predictive analytics to provide customers with visibility and control throughout the entire shipment lifecycle.