IPO IPO-Synopsis
Shipwaves Online Ltd

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Registered Office: 18-2-16/4(3) 3rd Flr Mukka -,Corp.Hse 1st Crs.Attavara Daks , Mangalore - 575001 , Karnataka , India.
Phone : +91 95381 49978   Fax:
Email :  secretarial@shipwaves.com  
Website :  www.shipwaves.com
Initial public offer of up to 4,69,60,000 equity shares of face value of Re. 1/- each ("Equity Shares") of Shipwaves Online Limited (the "Company" or the "Issuer") for cash at a price of Rs12/- per equity share, including a share premium of Rs11/- per equity share (the "Issue Price"), aggregating to Rs56.35 crores ("The Issue"), of which 23,50,000 equity shares of face value of Re. 1/- each for cash at a price of Rs12/- per equity share, aggregating to Rs2.82 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 4,46,10,000 equity shares of face value of Re. 1/- each for cash at a price of Rs12/- per equity share, aggregating to Rs53.53 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 33.19 % and 31.53 % respectively of the post issue paid-up equity share capital of the company. Price Band: Rs12/- for equity share of face value of Rs1 each. The floor price is 12 times times the face value of the face value of the equity shares. Bids can made for a minimum of 20,000 equity shares and in multiples of 10,000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
30-Sep-25 06-Oct-25 Rs12.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :20000  Further Multiples of :10000

  Rs Cr Lead Managers to the Issue
Project Cost 63.47
Finshore Management Services Ltd
Project Financed through Current Offer 56.35  
Post Issue Equity Share Capital 14.15  
Issue Price Rs12.00  
Projects
To meet working capital requirements of issuer companyRepayments and/or pre-payment in full or part of certain borrowings availed by the issuer company
Investment in subsidiary for funding its working capital requirementsGeneral corporate expenses
Promoted By
Kalandan Mohammed Haris
Kalandan Mohammed Althaf
Kalandan Mohammed Arif
Listing At
BSE - SME 
Registrar to the Issue
Cameo Corporate Services Ltd