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Shipwaves Online Ltd

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 Rs. 12/- per equity share, including a share premium of Rs. 11/- per equity share (the "Issue Price"), aggregating to Rs. 56.35 crores ("The Issue"), of which 23,50,000 equity shares of face value of Re. 1/- each for cash at a price of Rs. 12/- per equity share, aggregating to Rs. 2.82 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 Rs. 12/- per equity share, aggregating to Rs. 53.53 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: Rs. 12/- for equity share of face value of Rs. 1 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
10-Dec-25 12-Dec-25 12.00-0.00 0.00-0.00
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 12.00  

Project

  • To meet working capital requirements of issuer company
  • Investment in subsidiary for funding its working capital requirements
  • Repayments and/or pre-payment in full or part of certain borrowings availed by the issuer company
  • General 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

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.