Shipwaves Online Trading Analyzed

Shipwaves Online, a company focused on digital shipping solutions, saw its stock trade at Rs 11.40 on the BSE on November 1, 2025. This represents a 5% discount compared to the price it was offered at during its initial public offering (IPO). Despite this discount, the stock price opened at its IPO price of Rs 12, demonstrating initial investor confidence.

Key Points

• Stock priced at Rs 11.40, a 5% discount to IPO.
• Opened at Rs 12, matching the initial public offering price.
• 26.30 lakh shares traded, indicating moderate investor interest.
• IPO was oversubscribed 1.61 times, exceeding expectations.
• Promoter ownership diluted to 66.79% post-IPO offering.
• Company uses platform for ocean, land, and air shipping routes.

The company’s IPO involved selling 469.6 million new shares. Investors were happy with the offering, leading to a 1.61 times subscription rate. This means more people wanted to buy the shares than the company actually made available.

Following the IPO, the ownership structure changed. The original founders and their group now own only 66.79% of the company, down from 99.96% before the IPO. This indicates a significant amount of new investment by outside investors.

Shipwaves Online uses a single online platform to help businesses manage their shipments. It handles transport across sea, land, and air, giving companies control over their deliveries. This is helpful for businesses needing to send products around the world quickly and efficiently.

As of October 31, 2025, the company had around 35 employees. In the period ending September 30, 2025, Shipwaves Online reported revenue of Rs 40.98 crore and a profit of Rs 4.68 crore. These numbers show the company is growing and making a profit.

“A successful IPO signifies investor confidence and sets a strong foundation for future growth.”